MPA, SMOU, SOS, and SSA are calling upon ships in the Port of Singapore to sound their horns for 15 seconds at 12 noon (Singapore local...
Package not only includes monetary assistance for companies, individuals and seafarers but also educational support to ready the industry for post COVID-19 realities.
PetroChina expects the global oil market to remain oversupplied and prices low this year, and takes "active measures" to deal with the risk of crude price...
Company has reached settlement agreements with creditors Toyota Tsusho Corporation, Broad Action Limited, and Luso International Banking Ltd in Hong Kong.
Built by Shanghai Waigaoqiao Shipbuilding and Guangzhou Shipbuilding, the vessels will be delivered by 2023 and leased to Shell by the Bank of Communications.
Few cases of ISO 8217:2017 (bunker fuel standard for marine distillate fuels) found to be inadequate; IUMI engaging parties to reduce risk of bunkers not meeting...
Stena Immortal a 49,646 dwt MR tanker received her first delivery of Bio Fuel Oil during its recent call at the Port of Rotterdam on a...
The Methanol Institute and DNV GL aims to provide shipowners with the information they need to make decisions about adoption of methanol as a viable bunker...
Bunker fuels are being stored for extended times which could jeopardise its quality if not monitored accordingly; routine testing and monitoring can alleviate risks.
While using oil tankers for floating storage is not new, the current surge in demand due to COVID-19 and plummeting oil prices give rise to unprecedented...