Latest News for: Tanker trades


Worldwide Ballast Water Treatment Industry to 2026 - Growth in the Volume of Seaborne Trade ...

Enid News & Eagle 06 May 2021
The presence of a considerable number of ports and harbors for the trade of oil and chemicals, automotive components, electronic components, and devices, among others, contributes to the market growth in the APAC region.The region further offers different types of vessels, such as containers, tankers, and other cargo ships.

Force majeure in Mozambique upends LNG fundamentals

Seatrade Maritime News 06 May 2021
There is no shortage of potential targets, as over 5,000 tankers and more than half of the total trade in goods for the 16 members states of the Southern African Development Community transit the Channel every year.” .

LNG cargoes diverted from India as Covid crisis dampens demand: sources

Hellenic Shipping News Worldwide 04 May 2021
... hamper domestic gas demand, trade and shipping sources said on Monday.

NY bill could raise gas prices 55 cents per gallon; plus, shortages possible this summer

Finger Lakes Times 03 May 2021
Gas prices are the highest in two years, and drivers may soon face more headaches at the pump ... CNN Business reports fuel shortages are possible this summer as the National Tank Truck Carriers (NTTC) trade group said 20-25% of tanker trucks will not be moving gasoline due to a lack of qualified drivers ... However, if the U.S ... Visit ... .

UK dairy firms try to count the cost of churn in post-Brexit trade

The Observer 03 May 2021
A small error in the paperwork – a box ticked by mistake – and the tanker of butter oil was held at French customs for five days, with veterinary authorities at the border threatening to destroy it. The debacle nearly cost the tanker’s exporter, dairy company County Milk, a six-figure sum.

EnergyLNG cargoes diverted from India as COVID crisis dampens demand -sources

Reuters 03 May 2021
Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday. Six LNG tankers diverted away from India since April 20, changing the destination to northeast ...

Column: Congress Does an End Run Around Insider Trading Rules

The Pilot 01 May 2021
Insider trading, Merriam-Webster tell us, is “the illegal use of information available only to insiders in order to make a profit in financial trading.”. In 2011, conservative think-tanker Peter Schweizer wrote a book about legal but unethical financial trading ... “So Congressmen get a pass on insider trading?” Schweizer.

Shortage of Tanker Drivers Could Lead to Higher Gas Prices, Dry Pumps

NBCBayArea 30 Apr 2021
A shortage of tanker truck drivers may lead to rising gas prices and even dry pumps at fueling stations, experts warn as many Americans are back on the road and gearing up for the summer travel season, NBC News reports ... the American Trucking Associations, an industry trade group.

Pacific Basin: The tramp trades must wait for green tech to filter down

Splash24/7 30 Apr 2021
“I do think it will be many years though before this new technology will be both practically and commercially viable for tramp trading tankers and bulkers since you need to also build out the bunkering infrastructure,” Berglund tells Maritime CEO.

Carl Büttner: 165 not out

Splash24/7 28 Apr 2021
The company’s trading outlook has also just expanded from its traditional European focus to go worldwide thanks a tie-up with Ardmore to market four of its other tankers ... “As a tanker shipping company, we are an energy transporter ... “We are investigating at all ends which will be the best for our home and future trading areas.”.

Oxygen crisis: More than supply, lack of tankers and plant location key challenges

Indian Express 28 Apr 2021
“We do not have enough tankers to carry supplies ... Add to this the problem of states holding up tankers on the way and you get an idea of the crisis,” a Linde executive told The Indian Express ... According to the Department for Promotion of Industry and Internal Trade, there are 434 argon tankers and 765 nitrogen tankers in the country.

Wärtsilä develops CO2 carrier design with cargo capacity twice as big as today’s existing vessels

Splash24/7 27 Apr 2021
Until now, the movement of carbon dioxide cargoes at sea has been a very niche trade, but a host of developments in the last 12 months suggest CO2 has a bright future as growing trade. Mitsui OSK Lines (MOL) last month announced that it has decided to invest in Norway-based Larvik Shipping, a pioneer in this unique trade.