Shell Poised to Sign More SPAs with Direct importers in South Korea
23 October 2018:
Shell is poised to sign a 1-MMt/y sales and purchase agreement (SPA) with South Korean direct…
Tanker Rate Swings
19 Oct 2018;
VLCC rates on the benchmark TD3c (Ras Tanura – Ningbo) averaged around $16,500 per day during September. …
OPEC’s Bunker Boost
28 Sept 2018: Last weekend, OPEC published its annual long-term World Oil Outlook, which forecasts global oil demand through…
That Sinking Feeling
21 Sep 2018;
On May 8, President Trump announced the U.S. withdrawal from the Iran nuclear deal. After a grace…
Taipower to Shortlist LNG Suppliers in September for New Generation
18 September 2018:
Taipower will announce a shortlist of suppliers by late September based on offers submitted in response to…
Adnoc Extends JERA Contract, Signs Three-Year Deals with Several Trading Companies
18 September 2018:
Abu Dhabi’s Adnoc LNG, formerly known as Adgas, has signed a memorandum of agreement to extend JERA’s…
Bangladesh Finally Receives First Commissioning Cargo After Long Delay
18 September 2018:
After months of delay, Bangladesh has finally received a commissioning cargo at the new Moheshkhali Floating LNG…
Railway To Heaven
14 Sep 2018;
Large oceangoing tankers are generally considered the most cost-efficient way to move crude oil over long distances…
Keeping An Eye On The Hurricanes
7 Sep 2018;
This week, tropical storm Gordon, the first major weather event of the 2018 hurricane season, carved through…
Transportation Costs With 2020 Vision
31 Aug 2018;
So far, the discussion around the implementation of IMO’s low sulphur bunker fuel mandate (“IMO 2020”) has…
