The tanker market could be facing a lack of crude oil cargo supply, should infrastructure in major oil exporting countries, like the US, shifts domestically. In its latest weekly report, shipbroker Gibson said that “US crude exports have grown strongly in recent...

Read More

DP World, the Ogun State Government and Ogun Deep Sea Port Company Ltd have signed two Memorandums of Understanding (MOUs) to explore the development of a greenfield deep-sea port and special economic zone in Ogun State, Nigeria.The MOUs were signed by His Excellency...

Read More

The first article in this series examined accidents involving loss of bridge control due to a mechanical or electrical failure in conventional steering systems. However, accidents can also occur when systems are fully functioning. They can be triggered by wrong...

Read More

Medium and heavy crude is the market’s real shortage Middle Eastern supply outages have pushed the global crude balance into a deficit of roughly 1 to 2 million b/d, with these outages driving down the availability of heavier grades in particular. Alternative sources...

Read More

It’s not the first time Europe’s good intentions on tackling climate change have rubbed up against reality. In this case, the introduction of Article 28 of the EU’s Methane Emissions Regulation (EU MER), scheduled from 1 January, threatens to cut oil and gas imports...

Read More