KPI Bridge Oil said its Singapore office’s move to new premises and appointment of a new Bunker Trader, Zoe Tang.KPI Bridge Oil first established an office in Singapore in 1998. In addition, Zoe Tang recently joined KPI Bridge Oil Singapore as a Bunker Trader…
Diana Containerships announces its Q1 revenue has more than doubled.Dry bulk shipper's shares jump 64 pct to $2.70, top advancer across U.S. exchanges in heavy premarket trade.DCIX trading with 20 pct of their free float volume in premarket…
South Korea said on Wednesday it would seek U.S. exemptions to buy Iranian oil, a path many big oil consumers are likely to follow in the wake of new U.S. sanctions on Tehran, which will tighten world oil markets and push up prices.Iran is the…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday to its highest in over 4-1/2 months, boosted by rising rates for capesize vessels.The overall index, which factors in rates for capesize…
The news that Venezuela's PDVSA has diverted a crude tanker from Curacao after ConocoPhillips moves to satisfy a $2 billion arbitration award signals that worst may be yet to come. Reuters is reporting that Venezuela's state-run PDVSA ordered…
Venezuela's state-run PDVSA suspended oil storage and shipping from its Caribbean facilities following a move by ConocoPhillips to temporarily seize the firm's assets on four islands, according to a PDVSA source and Reuters data.PDVSA has begun…
Odfjell SE said it has been informed by Lindsay Goldberg that they are considering a sale of its 49% shareholding in Odfjell Terminals B.V.Lindsay Goldberg has been Odfjell's joint venture partner in Odfjell Terminals's U.S. and European terminals since 2011…
Iran is readying the first commercial exports of its West Karoun crude oil grade for May or June, two sources familiar with the matter said, even as fresh economic sanctions against the country loom.Iran has already been shipping samples of…
China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the economy amid a heated trade dispute with the United States…
Oil prices are at more than three-year highs, driven by an expectation that renewed U.S. sanctions on Tehran over the country's nuclear program will disrupt Iranian crude flows.But without the Europe Union, or Iran's other big crude customers…
Poland's imports of Russian oil last year fell to their lowest level since 2005, a central bank report published on Tuesday showed, though Warsaw's bid to diversify its energy imports also meant paying higher prices.Russian oil accounted for 76 percent of all oil purchases…
In a similar fashion to Gulf coast offshore energy producers who, in some instances, must document and count the environmental impact of their third party standby boats, offshore service vessels and other assets, the ports of Long Beach and…
China's top economic official will visit Washington next week to continue trade talks with Trump administration officials, the White House said on Monday, after two days of talks in Beijing last week failed to produce a breakthrough.'We are…
Capital Product Partners L.P. has announced that it has completed the previously announced acquisition of the M/T Anikitos, an eco-type MR product tanker (50,082 dwt IMO II/III Chemical Product Tanker built 2016, Samsung Heavy Industries (Ningbo) Co…
More maritime operators increased their training budgets from 2016 to 2017 than decreased them, according to the Maritime Training Insights Database (MarTID) 2018 Training Practices Report.When compared to 2016, around 40 percent of survey respondents…
