A Singapore-based shipping business spin-off from Johannesburg Stock Exchange-listed Grindrod has debuted on Nasdaq in the US.
For tanker owners, there is much at stake on 22 June when OPEC oil ministers gather in Vienna for what is likely to be a particularly bad-tempered meeting.
Petronas took another step in product diversification in meeting the needs of a more varied market, with its Petronas LNG unit successfully delivering its first break bulk liquefied natural gas…
MISC belatedly provided more details about its 10-year long term charter contract with Petrobras signed in May, revealing that the deal was worth $645m.
Come 2025 the switch to electric vehicles (EV) will start to impact the demand for gasoline, which will be bad news for shipping.
Crude tanker owners are going to have to wait another 12 to 18 months for a gradual cyclical recovery, although the second half of 2018 will be significantly better than…