“Oil demand to fall by 400,000 bpd in 2020”

Oslo - The OPEC+ countries will not be able to increase their collective oil production levels in the second half of 2019 without having a detrimental effect on oil prices, writes Norway’s research firm Rystad Energy in its last report


Meyer Turku to build new Carnival LNG cruise ship

Helsinki - Finnish shipbuilding company Meyer Turku has celebrated the hull assembly phase of Carnival’s “Mardi Gras”, a 180 000 gross tonnage cruise ship


Two Arctic LNG tankers to join Yamal fleet

London - A new Arc7 class ice-breaking liquefied natural gas (LNG) tanker, the Nikolay Urvantsev, is undergoing sea trials, Refinitiv data shows, becoming the 13th vessel to join a fleet servicing Novatek’s Yamal plant


Panama Canal wants to modify toll structure

Panama City - The Panama Canal published a proposal to modify its current tolls structure for the dry bulk, passenger, containership and vehicle carrier and RoRo segments


China and South Korea agree on ballast water rules

Copenaghen - China and South Korea have agreed on exemption of ballast water exchange requirements for International ships sailing between People’s Republic of China and the Republic of Korea (South Korea)

Oil prices fall 1% as worries outweigh tensions
Beyond shelter in a storm, Odisha eyes sturdier homes, power and trees
U.S. farmers experimenting with hemp as China trade war drags on
Egypt to open 6th of October dry port tenders next month
China’s May coal imports climb 8.6% from month before
Fincantieri and Naval Group sign a joint venture agreement
Seoul, Oslo to cooperate on hydrogen, shipbuilding
China buys more LNG, but can’t offset the rest of Asia’s losses
Ship insurance costs soar after Middle East tanker attacks
Blast-hit tankers to be assessed off UAE coast


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