How to prepare any port for FPSO integration As energy companies continue to access new geographies and resources, it is expected the majority of upcoming FPSO projects will be for…
Maersk Supply Service to enter Norway Maersk Supply Service will reflag one of its energy-efficient M-class anchor handling vessels to the Norwegian flag, hire Norwegian crew and set up an…
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Capes turbulences… Wets low. Mind Geopolitics and Covid’s spread.
Capes turbulences… Wets low. Mind Geopolitics and Covid’s spread. Minor Capes’ hiccups could prove nasty; let’s hope not, but hold a small basket… Wets still low. Geopolitical turbulences and Coronavirus’…
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Oppps, our prognosis for the BDI’s fall come out verbatim right… Gun boat Fisheries diplomacy from both sides of the Straits of Dover whilst Covid’s uncertainty advances further, per our “medical” prediction.
Oppps, our prognosis for the BDI’s fall come out verbatim right… Gun boat Fisheries diplomacy from both sides of the Straits of Dover whilst Covid’s uncertainty advances further, per our…
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Rich pickings for the Dry Markets; Wets …up an iota. Geopolitics coupled with the worse Recession ever and uncontrollable Coronavirus will bother Humanity…
Rich pickings for the Dry Markets; Wets …up an iota. Geopolitics coupled with the worse Recession ever and uncontrollable Coronavirus will bother Humanity… The BDI (Baltic Dry Index) gained 109…
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IMCA publishes guidance for surface swimmers
IMCA publishes guidance for surface swimmers The International Marine Contractors Association (IMCA) has published a new guidance document ‘Surface Swimmers’ (IMCA D 066). Historically surface swimmers have been used to complete a variety of…
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Norsepower agreement signals global installation capability for Rotor Sails
Norsepower agreement signals global installation capability for Rotor Sails HELSINKI and SINGAPORE – Wednesday 21st April 2021: Norsepower Oy Ltd., the leading global provider of auxiliary wind propulsion systems, has signed a…
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BIMCO: Longer sailing distances cushion fall in US crude oil exports
BIMCO: Longer sailing distances cushion fall in US crude oil exports Tonne mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of…
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Capes and Panamaxes “kept” and will “keep” the BDI buoyant; Wets on a …free fall amid explosive Geopolitics coupled with Coronavirus’ uncertainty…
Capes and Panamaxes “kept” and will “keep” the BDI buoyant; Wets on a …free fall amid explosive Geopolitics coupled with Coronavirus’ uncertainty… The BDI ended up 38 points since yesterday…
PRIME’S DAILY MARKET REPORT APRIL 08, 2021 SOURCES: Phys. Suppliers, Reuters CRUDE OIL FUTURES @ 12:50 WTI $59.39/bbl ↓0.38 Brent $62.98/bbl ↓0.18 Gasoil ↑7.50 PORTS (Del.costs) VLSFO (0.5%) RMG380 RME180 DMA LS Comments/Earl.del. PIRAEUS (mtw) 503-508…
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March marks turnaround for container sector with record high 45 ULCS ship orders
March marks turnaround for container sector with record high 45 ULCS ship orders In March, orders for 45 Ultra-large containerships (ULCS, 15,000+ TEU) were placed, breaking a record on its…
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Revision of the guidelines for GNSS positioning in the Oil and Gas industry published by IOGP and IMCA
Revision of the guidelines for GNSS positioning in the Oil and Gas industry published by IOGP and IMCA The updated ‘Guidelines for GNSS Positioning in the Oil and Gas Industry’ has been…
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BIMCO’s SNOW: US crude oil production takes 1.1m bpd hit due to snowstorm
BIMCO’s SNOW: US crude oil production takes 1.1m bpd hit due to snowstorm Texas is by far the largest crude oil producing state in the US, accounting for 43.0% of…
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Supras and Handies survive in midweek market blues…
Supras and Handies survive in midweek market blues… The BDI (Baltic Dry Index) ended down at 1,709 points since yesterday – minus 18, which is also six points down since…
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The www.allaboutshipping.co.uk Top Women in Shipping for 2020
The www.allaboutshipping.co.uk Top Women in Shipping for 2020 The www.allaboutshipping.co.uk Top Women in Shipping for 2020 By Anny Zade We are pleased to announce that 189 women out of 1,580 participating from almost all…
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BIMCO’s SNOW: Zero tonnes of Saudi crude oil imported by the US
BIMCO’s SNOW: Zero tonnes of Saudi crude oil imported by the US BIMCO’s Shipping Number of the Week Zero tonnes of Saudi crude oil imported by the US In the…
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Markets, Geopolitics and Coronavirus: A week to remember…
Markets, Geopolitics and Coronavirus: A week to remember… A “promising”, hopefully, beginning for both the Dry and Wet Markets, a despicable one though on Geopolitics and Coronavirus given the events…
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Signal look back at 2020: The headwinds, tailwinds and everything in between
Signal look back at 2020: The headwinds, tailwinds and everything in between There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has…
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A “merry” pre-Festive Season Market amid despicable Geopolitics and advancement of a Coronavirus’ “offspring” detected in UK
A “merry” pre-Festive Season Market amid despicable Geopolitics and advancement of a Coronavirus’ “offspring” detected in UK… The BDI (Baltic Dry Index) ended up 24 points since yesterday and now…
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BIMCOs SNOW: Global oil consumption to rise by 5.8m b/d in 2021, falling short of 2017. Tanker trades will change
BIMCOs SNOW: Global oil consumption to rise by 5.8m b/d in 2021, falling short of 2017. Tanker trades will change Global oil consumption to rise by 5.8m b/d in 2021,…
New SUT Chief Executive appointed The Society for Underwater Technology is delighted to announce that Dr Cheryl Burgess will join the SUT as Chief Executive in January 2021, bringing over…
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Dry bonanza, low and falling Wets with messy Geopolitics amid an explosive Covid
Dry bonanza, low and falling Wets with messy Geopolitics amid an explosive Covid The BDI (Baltic Dry Index) ended up 22 points since yesterday and now stands at 1,219 surpassing…
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Markets fighting back; Geopolitics sour and COVID’s Vaccine under way…
Markets fighting back; Geopolitics sour and COVID’s Vaccine under way… The BDI (Baltic Dry Index) gained 21 points since last Friday and now stands at 1,169. Looks likely a Joe…
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Dry Market in tatters, Wets “re-surface”, Geopolitics focused on the USA’s presidency whilst Coronavirus’ makes waves…
Dry Market in tatters, Wets “re-surface”, Geopolitics focused on the USA’s presidency whilst Coronavirus’ makes waves… The BDI (Baltic Dry Index) lost nine points since yesterday and 81 since last…
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Markets mildly fall further; still no white smoke for the White House…
Markets mildly fall further; still no white smoke for the White House… The BDI (Baltic Dry Index) lost 30 points since yesterday and now reads 1,194 losing also the 1,200…