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07/12/2020 Tankers: VLCCs On the Rise Yet Again VLCC Rates rose again this week, albeit modestly, which translates into an uplift in time-charter equivalent (TCE) earnings of between 45-50%	07/12/2020 India: Cargo volumes at state ports decline 10.53% in April-November India’s dozen state-owned ports handled a combined 414.304 million tonnes (mt) of cargo from April to November, 10.53 per cent
07/12/2020 A New Golden Age Of Sailing Is Here: Where Is The Leadership? The next decade will see more innovation in ocean-bound technologies than possibly the past 100 years combined. Advances in low cost	07/12/2020 Oman Shipping bolsters VLCC fleet size to 18 ships The State-owned Oman Shipping Company (OSC) announced on Thursday that it has added a new Very Large Crude Carrier (VLCC)
07/12/2020 Brent crude could drop to $45 in 2021 despite positive vaccine news, Fitch Ratings says Fitch Ratings expects Brent prices to drop to $45 per barrel in 2021 — even though there’s good news on	07/12/2020 Asian LNG prices rise to nearly two-year high on winter demand Asian spot prices for liquefied natural gas (LNG) rose to a nearly two-year high this week as demand continued to
07/12/2020 LNG share in Turkey’s natural gas imports reaches 43% in H1 this year Turkey’s liquefied natural gas (LNG) share of total gas imports increased from 27% in the first half of 2019 to	07/12/2020 South Africa to review petroleum product supplies after refinery shutdown South Africa will urgently conduct an assessment of petroleum products supply, the Department of Mineral Resources and Energy said on
07/12/2020 Cochin Port Trust takes advantage of ongoing congestion at Colombo Port Taking advantage of the ongoing congestion at Colombo Port, the efforts of Cochin Port Trust in wooing mainline vessels seem	07/12/2020 Caspian Containerized Line Kicks Off Between Iran, Russia The activity of Caspian containerized line between Islamic Republic of Iran and Russia’s port of Astrakhan began on Saturday. The pilot
07/12/2020 EXIM trade hit by logjam at Kattupalli port The movement of containers into and out of Kattupalli port has been hit by delays, forcing trade to seek intervention	07/12/2020 GPA reaches Mega Rail milestone On the heels of achieving its busiest month on record for both container trade and Roll-on/Roll-off cargo, the Georgia Ports
07/12/2020 Port of Antwerp tightens regulations regarding byloads inside second-hand vehicles For many decades now, the port of Antwerp has been a leader in the shipment of second-hand vehicles. In order	07/12/2020 S&P keeps rating for Mexico’s Pemex unchanged S&P Global Ratings on Friday kept the credit rating of Petroleos Mexicanos (Pemex) unchanged after it confirmed the investment grade

Retrofit highlights use of LPG as a marine fuel

Global shale industry on a recovery path after 8.1% production decline in 2020, says GlobalData