Chevron Marine Lubricants Publishes New White Paper – Methanol and Marine Lubricants in a Lower Sulphur, Lower Emissions

Chevron Marine Lubricants, a leading lubrication solutions provider for alternatively fueled vessels and one of the largest suppliers of marine lubricants in the world, today has released the first in a


MPA Injects Another S$12 Million To Promote LNG Bunkering in Singapore

The Maritime and Port Authority of Singapore (MPA) has injected another S$12 million to boost Liquefied Natural Gas (LNG) bunkering in the Port of Singapore.

Half of this S$12 million has


Black Sea Container Market Rises By 9.27% during Nine-Month Period of 2017

Black Sea container terminals of Ukraine, Romania, Russia, and Bulgaria handled 1 981 104 TEU in 9m 2017, including empty containers, excluding transshipment.

This review observes only full containers of the region


IEA: Rising U.S. output threatens global oil market balance in 2018

– Our forecast for global demand growth remains unchanged at 1.5 mb/d in 2017 (or 1.6%) and 1.3 mb/d in 2018 (or 1.3%). Revisions have been made to data for Nigeria,


OPEC sees balanced oil market by late 2018 as cuts erode glut

Crude Oil Price Movements
The OPEC Reference Basket surged near 10% to $60.74/b in November, its highest since June 2015. Crude futures prices improved further to levels not seen since summer