04/02/2020 IMO bunker charge confusion spreads – but what next? Many shippers and forwarders have contacted me following my comment in early January about the confusion created by inconsistent, post-IMO | 04/02/2020 Supertanker rates slump as virus hits Chinese oil demand Freight rates for supertankers on the Mideast Gulf and U.S. Gulf routes to Asia have fallen to their lowest since |
04/02/2020 Why the IMO 2020 diesel price surge still may be in the market’s future It was conventional wisdom, accepted by all – the price of diesel was going to rise, and IMO 2020 was | 04/02/2020 Novel Coronavirus update – IMO and other member states release advisories On 30 January 2020, WHO declared that the outbreak of novel coronavirus (2019-nCoV) constituted a Public Health Emergency of International |
04/02/2020 OPEC+ considering further 500,000 bpd oil output cut -sources OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to | 04/02/2020 Funds dump oil as fears about coronavirus hit to demand grow Hedge funds were heavy sellers of crude oil and refined products last week as the worsening coronavirus outbreak stoked fears |
04/02/2020 Port of Rotterdam Authority and Erasmus University Rotterdam launch unique programme for future port executives On 3 February 2020, the first group of participants will take part in the Port Executive Leadership Circle. During an | 04/02/2020 Ivory Coast 2019/20 cocoa port arrivals seen at 1,419,000 T by Feb. 2 – exporters Cocoa arrivals at ports in top grower Ivory Coast reached 1,419,000 tonnes between Oct. 1 and Feb. 2 , 2019, |
04/02/2020 APM Terminals Bahrain appoints new HR General Manager APM Terminals Bahrain, the operator of Khalifa Bin Salman Port (KBSP) has appointed Yosra Abdulla as its new General Manager | 04/02/2020 Gibraltar port authority attends LNG bunkering summit The Gibraltar Port Authority recently attended the IQPC’s 8th Annual Global LNG Bunkering Summit in Amsterdam. Deputy Captain of the |
04/02/2020 Oil is not tobacco, but it needs to win over stay-away investors Veteran investor Jim Cramer caused a stir in the energy world a few days ago with his verdict, broadcast live | 04/02/2020 Petronas cuts January Malaysian crude oil OSP to $71.90/bbl The official selling price (OSP) of a basket of January-loading Malaysian crude oil grades has been set at $71.90 a |
04/02/2020 Goldman downgrades Exxon to ‘sell’, slashes returns outlook Goldman Sachs downgraded ExxonMobil to “sell” following disappointing fourth-quarter results, as the Wall Street bank forecasted the oil and gas | 04/02/2020 Suspicious oil deals dissipate Iraq’s resources Analysts said they deplored the decision by the resigning Iraqi government to adopt suspicious deals that waste the country’s oil |