Lack of Automation Rules a Major Challenge

Wasaline ferry

Wasaline's Managing Director speaks on the concept of the automated ship.

GAC Signs Agency Deal with BG Group

GAC Signs Agency Deal with BG Group

British multinational oil and gas company BG Group has appointed GAC to be the sole provider of hub agency services ...

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Are Traders Chartering Supertankers to Store Crude?

Traders Charter Supertankers to Store Crude

Oil trading companies have chartered around fifteen supertankers in January, possibly to take advantage of slumping ...

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World Chokepoints Key for Oil Transit

World chokepoints for maritime transit of oil are a critical part of global energy security because of the high ...

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Platts: VLCC Rates on the Rebound

Worldscale rates for VLCCs on the East of Suez routes have reached more than nine-month highs, Platts cited market ...

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Lower US Demand Reshuffles West African Crude Moves

West African crude moves have shifted from the U.S. to Europe as lower demand from the U.S. has forced a reshuffle ...

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Clarksons: Caribbean Crude Exports to Boost VLCC Demand

The Caribbean region is raising in popularity when it comes to crude export with tonne-mile exports doubling in ...

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Suncor Sends Its First Crude-Laden Tanker to Europe

Suncor Energy Inc, a Canadian oilsands company, is sending its first ever tanker of Western Canadian heavy crude ...

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VLCCs Flocking to the Caribbean

VLCCs Flocking to the Caribbean

An average of 25 vessels per month are fixed from the Caribbean to Asia so far in 2014, not only to China, but ...

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KPC to Double Crude Export to China

Kuwait Petroleum Corporation (KPC) has signed a historic deal with China’s Unipec which will see almost ...

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Crude Oil Tanker Market Going Strong

Crude Oil Tanker Market Going Strong

Crude oil tankers have shown incredibly positive momentum going into Q3. Earnings surpassed the expected ceiling at ...

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China’s Shipping Giants Form USD 1.1 Bln Joint Venture

China’s two shipping giants China Merchants Energy Shipping Co Ltd (CMES) and Sinotrans & CSC Holdings ...

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Corpus Christi’s June Stats Up

Corpus Christi's June Stats Up

The Port of Corpus Christi has reported that their statistics for June, 2014 show the continuing upward trend of ...

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EURONAV Resumes Its Shopping Spree

Crude tanker company EURONAV is further strengthening its fleet capacity and this time with a deal to purchase four ...

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First Vessels Load Crude from Libyan Ports

Two vessels loaded crude from the Mellitah export terminal and one from Marsa al-Hariga port in Libya over the ...

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Newbuild Crude Tankers Rise in Popularity

Low shipbuilding prices and the North American energy boom are leading ship operators and investors to finance ...

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COSCO to Acquire Bulk Vessels and Crude Carriers

China COSCO Holdings inked deals with two Chinese shipyards to take over four 64,000 deadweight ton bulk vessels ...

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TEN, Statoil to Build Up to Nine Aframaxes Crude Tankers

Tsakos Energy Navigation Limited yesterday reported the strategic partnership with Statoil, an international energy ...

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G E Shipping: Crude Tanker Market Continues to Underperform

The Board of Directors of the Great Eastern Shipping Company Ltd. (G E Shipping) today approved the Audited Results ...

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Vietnam: Dung Quat Shipyard Delivers Crude Oil Tanker ...

Vietnam -Dung Quat Shipyard Delivers Crude Oil Tanker PVT MERCURY

After completing PVT MERCURY, on 3rd June 2012 Dung Quat Shipyard (DQS) organized inauguration and ...

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OSC Takes Delivery of Its New Very Large Crude Carrier ...

OSC Takes Delivery of New Very Large Crude Carrier from DSME, South Korea

Oman Shipping Company S.A.O.C. (OSC) took delivery of a Very Large Crude Carrier (VLCC) “IZKI”, yesterday, at ...

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China: Jinhai Heavy Starts Construction of Crude Oil ...

China - Jinhai Heavy Starts Construction of Crude Oil Tanker J0132

On Oct.18th the steel cutting ceremony for 320,000 DWT Crude Oil Tanker J0132, which will be built by Zhongji ...

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