The agreement covers the conversion, supply, operations, and maintenance of the floating storage unit.
Wood Mackenzie has lowered its oil demand forecast for Q1 2020.
Four people reportedly died following the fire on board the supertanker Zoya 1 last week.
Here are the most read stories of the past week.
Saudi Arabian company Bahri wrapped up Q4 2019 with a 172.48 percent net profit surge.
A fire erupted on board a very large crude carrier identified as Zoya 1 off the UAE coast.
Six crewmembers onboard a CMA CGM ship have been reported ill, with the possibility of coronavirus infection.
Study: LNG might not reduce greenhouse gas emissions on a life-cycle basis.
Workload stress caused by changes in regulations among key reasons impacting the seafarers’ happiness level.
IBIA: still premature to draw valid conclusions on the level of VLSFO’s black carbon emissions.
NYK will participate in a consortium that would set up a dedicated RoRo terminal at East Port Said in Egypt.
The Clean Arctic Alliance is calling for an immediate switch to distillate fuels for ships in the Arctic.
QTerminals has won a UAH 3.4 billion (USD 138 million) concession to operate Port of Olvia in Ukraine.
Seafarers calling at Chinese ports are advised to wear masks and take precautionary measures.
