VLSFO cracks trade higher but spot recovery capped

VLSFO cracks trade higher but spot recovery capped
Cracks for very low sulphur fuel oil (VLSFO) traded higher in Asia on Tuesday in volatile trading, though ample prompt supply still capped recovery in the spot market. Singapore’s VLSFO crack closed at a premium above $7.60 a barrel, higher than $6.75 in the previous...
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New vessel to protect critical subsea infrastructure

New vessel to protect critical subsea infrastructure
There is a growing global demand for the protection of subsea infrastructure that supports the production and transmission of energy and data. To meet that demand, Jan De Nul orders a new dedicated vessel for subsea protection: the George W. Goethals. Thousands of...
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Pulling the trigger on shipping’s security concerns

Pulling the trigger on shipping’s security concerns
The post-Cold War era of maritime security is over, and the industry must adapt or risk being swept away by a tide of new threats and shifting power dynamics – that was the message from a London International Shipping Week panel from last week’s headline conference....
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