Earlier in the summer, our platform-supply vessel (PSV) Pool Express supported the Netherlands Oil & Gas Exploration and Production Association (NOGEPA) on a project to measure and assess Greenhouse-gas and Methane emissions in the North Sea. NOGEPA is acting on behalf of 13 companies during the...
https://www.hellenicshippingnews.com/pool-express-participates-in-nogepa-methane-project/
European Central Bank officials are starting to discuss priming investors for the euro area’s first interest-rate increase since 2011, a conversation that could see them putting the U.S. experience of three years ago under the microscope. With the Governing Council indicating borrowing costs will...
The French government unveiled billions in tax cuts Monday as it seeks to revive flagging public support for President Emmanuel Macron and his efforts to overhaul France’s economy. Mr. Macron is threading a needle as he tries to stimulate the economy without undercutting his pledge to make France a...
https://www.hellenicshippingnews.com/france-unveils-billions-in-tax-cuts-as-support-for-macron-ebbs/
With mid-term elections approaching, he desperately wants lower prices at the gas station. But his aggressive foreign policy, endeavouring to isolate the Iranian regime is pushing the oil prices higher. This leaves him with little options. He needed a scapegoat and the Organisation of Petroleum...
https://www.hellenicshippingnews.com/crude-bears-the-brunt-of-trumps-tweets/
Chicago Board of Trade (CBOT) agricultural commodities closed higher over the trading week ending Sept. 21, as higher-than-expected weekly export sales and prospects for U.S. harvest delays sparked a round of short-covering. The most active corn contract for December delivery rose 5.5 cents weekly,...
Robust scrapping activity has been one of the key features of the tanker market this year. Demolition has been particularly strong in the VLCCs Source: GIBSON SHIPBROKERS LTD
https://www.hellenicshippingnews.com/gibson-tanker-report-vlcc-maths/
Libya’s National Oil Corporation (NOC) said on Saturday its subsidiary the Arabian Gulf Oil Company (AGOCO) had restored production at 3,000 barrels of oil per day (bpd) at an abandoned well in the eastern Messla field. After 16 years of inactivity, production resumed at the well (HH86-65) using...
World oil indexes have not had any firm trend during the week: fuel markets are trying to make sense out of both supply and demand questions as well as geopolitical uncertainty. OPEC downgraded demand while the IEA said in a report that supply outages are tightening up the oil market. MABUX World...
Iran is producing oil at normal levels in spite of a deadly shooting in the crude-rich Khuzestan province, home to fields accounting for two-thirds of the Islamic Republic nation’s output, according to the Oil Ministry. OPEC’s No. 3 producer didn’t take any extra security measures to protect energy...
https://www.hellenicshippingnews.com/iran-says-oil-production-unaffected-by-deadly-attack/
ShipsFocus Weekly Chemical Shipping Report, Week 38 2018 Source: ShipsFocus Intelligence Pte Ltd.
https://www.hellenicshippingnews.com/shipsfocus-weekly-chemical-shipping-report-week-38-2018/