Exxon Mobil is set to ship around 600,000 barrels of fuel from the U.S. Gulf Coast to cover its own import requirements in Australia, the first such shipments by the oil major, four sources with knowledge of the matter said.The planned shipments, on a route rarely used for refined products flows, show how severely global oil trade has been impacted by the near-complete halt of shipping in the Strait of Hormuz after Iran began striking vessels in the waterway this week in retaliation for U…
Marcura has acquired Shipdem, a UK-based specialist in chemical tanker laytime and demurrage, from its parent company, Casper Shipping. Shipdem brings expertise in chemical tanker demurrage, where operational complexity and contractual nuance…
Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna as the company seeks a reliable…
The Swedish port of Gävle recently became one of the first in the world to successfully connect a tanker vessel to a shoreside electricity system. The shore power connection solution was provided by Cavotec.The system, based on new standards drawn up in co-operation with other ports and operators…
Norwegian shipping firm Odfjell SE has appointed Harald Fotland as its new Chief Executive Officer (CEO). Fotland comes from the position as Odfjell's Chief Operating Officer, and will assume the CEO position on May 6, 2022.'We are pleased to have an internal candidate take over the helm at Odfjell…
Niels G. Stolt-Nielsen has decided to step down from his role as Chief Executive Officer of chemical tanker operator Stolt-Nielsen Limited.The company said Wednesday he'd continue as CEO and as a Director on the Board until the appointment process for a successor has been completed…
Cooperation strengthens chemical platform; underpins strategy to operate more sustainable, non-fossil fuel cargoes Ardmore Shipping Corporation announced a new partnership with Carl Büttner, taking on the commercial management of four chemical tankers on behalf of the Bremen-based shipowner…
