Amid recurring disruptions to global supply chains from geopolitical hot spots around the world, Singapore and its regional counterparts have been actively trying to find innovative ways to maintain an uninterrupted movement of goods. Among the initiatives is an app...
Capital Product Partners L.P. (“CPLP”, “we” or “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, announces today the approval by a majority of our unit holders, the conflicts committee of our Board of Directors (the “Committee”), our full Board of...
Cash premiums for fuel oil continued to ease in Asia on Friday as offers dipped further, though downstream bunker premiums retained support this week. Singapore bunker premiums for Very Low Sulphur Fuel Oil (VSLFO) held above $25 per metric ton, according to cargo...
The International Chamber of Shipping (ICS) presented a new report, written by the Professor of Energy Economics at Biberach University of Applied Sciences, Germany, identifying hydrogen demand sectors, demand locations, and the demand-pull timeline at the Malaysia...
Petrobras has signed the first contract to acquire undersea equipment to start implementing the Atapu 2 and Sépia 2 projects. The equipment will be installed in the Santos Basin’s pre-salt layer and the Campos Basin Roncador field. The commercial agreement was...
The Member Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) on Crew Wages and Seafarer Employment Agreements, according to a joint release. The purpose of the...