Search results for: geopolitical developments

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  • 15 January 2018

    John Sitilides, Geopolitical Strategist at Trilogy Advisors speaks on geopolitical challenges that lie ahead.

  • 22 January 2018

    Freeport of Riga is to focus on India and Iran as part of its geopolitical developments aimed at increasing cargo levels.

  • 6 January 2016

    The shipping industry is to remain volatile and indispensable in 2016, international accountant and shipping adviser Moore Stephens says. According to Moore Stephens shipping partner Richard Greiner, the dry bulk sector will probably have to reduce the newbuilding orderbook and increase ship recycling in 2016 in order to restore the balance, instead of blaming China’s insufficient […]

  • 3 April 2020
    Business & Finance, Outlook & strategy, Vessels

    Saudi Arabia’s decision to flood the market with crude oil at a time when demand is in doldrums amid coronavirus pandemic is about to create a massive supply-demand imbalance, says BIMCO’s Chief Shipping Analyst, Peter Sand. Liquid fuels production and consumption will be imbalanced during much of 2020 with total production estimated at 102.2 million […]

  • 20 November 2018

    Multiple factors contributing to tanker recovery, but sustainable recovery is yet to materialize.

  • 6 May 2020
    Vessels

    Crude oil tanker company DHT Holdings has postponed the installation of scrubbers on five of its ships, leaving the ships to trade for a while longer and reap fruit from a strong tanker market. The company currently has 13 ships fitted with scrubbers out of the planned 18 very large crude carriers set to be […]

  • 24 April 2020
    Business & Finance

    The world’s largest owner and operator of very large crude oil carriers (VLCCs) Bahri reported a massive jump of 133.77 percent in its profit for the first quarter of 2020 despite COVID-19 challenges. The company’s net profit after tax reached SAR 419.22 million (USD 111 million) from SAR 179.33 million recorded in the same period […]

  • 5 August 2020
    Business & Finance, Equipment

    Hong Kong-based dry bulk shipping company Pacific Basin has ruled out further investments in the installation of scrubbers on its ships despite reporting enviable net savings from the technology worth $23.1 million, representing 38% of its original investment. The company decided to fit scrubbers on 28 of its owned Supramaxes back in 2019 in order to […]

  • 4 March 2014

    House Energy and Commerce Committee Chairman Fred Upton (R-MI) released the following statement on the potential for U.S. liquefied natural gas (LNG) exports to weaken Russian influence. The committee has been actively engaged on the benefits of LNG exports. In October of 2013, the committee held a forum on “The Geopolitical Implications and Mutual Benefits […]

  • 17 August 2020
    Environment, Equipment, Regulation & policy, Rules & Regulation, Vessels

    The share of the containership fleet fitted with scrubbers exceeded that of the crude oil tanker fleet by the start of July 2020, data from BIMCO shows. The world’s largest shipowner association said that containerships with a collective cargo-carrying capacity of 5.3 million TEU are now fitted with a scrubber to remove sulphur oxides from […]

  • 16 April 2014

    Liquefied Natural Gas (LNG) has the potential to turn the natural gas market into a truly global one, thus allowing natural gas to play a full role in transforming the energy system to underpin a sustainable future, the United Nations Economic Commission for Europe (UNECE) said in a statement. In addition, in view of the uncertainties […]

  • 2 April 2019

    Europe’s efforts to phase out coal for electrification, while the gas demand remains uncertain are driven by various international political and economic developments in the energy sector.

  • 24 July 2018
    Business & Finance

    DP World delivers encouraging results driven by performance of container terminals in Europe and Asia.

  • 28 March 2014

    Ocean energy systems released a new interactive web-based GIS mapping application on their website. This new application gives access to detailed global information related to ocean energy in an easy to use yet visually striking way. The available information comprises ocean energy facilities, resources, relevant general geopolitical and geographical information, altogether in conjunction with the […]

  • 1 August 2012

    According to the U.S. Geological Survey, the East Africa region holds 441.1 trillion cubic feet of natural gas. The commercial potential for IOCs and NOCs investing in East African gas is massive, although there are some geopolitical, licensing, and infrastructure issues that will need to be addressed. The East Africa Gas Forum, supported by UK […]

  • 18 December 2019

    Sand: One of the most worrying trends that has developed recently is the falling trade-to-GDP ratio.

  • 17 August 2020
    Regulation & policy, Rules & Regulation, Transition, Vessels

    The main fears around the use of the low sulphur fuel as mandated by the IMO 2020 sulphur cap that entered into force in January 2020, such as lack of availability and poor quality of new fuels did not materialize paving the way for a much smoother transition than expected. Availability concerns were quashed with […]

  • 28 February 2019
    Business & Finance

    MPC Container Ships widened its net loss in 4Q 2018 amid a number of geopolitical and economic factors.

  • 15 June 2017

    Pakistan does not expect the geopolitical isolation of Qatar led by Saudi Arabia and other Arab countries to impact its LNG supply deal.

  • 10 September 2015

    Eni’s CEO Claudio Descalzi said on Thursday that natural gas found offshore Cyprus could be shipped to markets in Europe through the Damietta LNG plant in Egypt.

  • 27 September 2013

    Wood Mackenzie says North America will become energy independent by 2020 and subsequently, become a net energy exporter. However, North America will remain a key participant in world markets regardless of its position on the import-export spectrum. “The decline, and eventual reversal of North American net trade will have complex impacts on global energy flows, […]

  • 30 January 2019
    Business & Finance

    Wärtsilä Corporation is planning to cut 1,200 jobs on a global scale as part of its business realignment.