You can have a rousing VLCC market, described by Nordic American Tankers chief Herbjorn Hansen as “the strongest we have seen in decades”, and you can have the prospect of reduced vessel supply, and therefore sharply higher capacity utilization ...
Just as major oil producers pump millions of extra barrels of oil on to world markets, Oslo-based Rystad Energy has released updated estimates for global fuel demand as a result of the impact of coronavirus (COVID-19) on world energy markets.
CSSC Offshore & Marine Engineering entered into equity transfer agreement with CSSC Holdings and CSSC Chengxi for internal consolidation of its offshore wind turbine and ship repair business.
Martin Helweg has been appointed as ceo of P&O Maritime Logistics as Rene Kofod-Olsen stands down.
Dutch heavy-lift specialist Jumbo Shipping has been awarded a contract by DEME Offshore to provide transportation services for Ørsted’s Hornsea Two offshore wind farm.