What happened It's a new week -- and another week of disruption in the oil market. Oil prices are tumbling in Monday trading, with WTI crude prices down 28.3% by noon at $12.15 a barrel (for … [Read more...] about Why Teekay Corporation, Teekay Tankers, Tsakos Energy, and Nordic American Tanker Stocks Are Up 10% Today
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Tanker Market is Gold: Money talks as $1bn thrown at US tanker stocks in one day
Source:Tradewinds Money talks as $1bn thrown at US tanker stocks in one day. Record session for the sector as Herbjorn Hansson and the tanker crowd are getting used to being in high … [Read more...] about Tanker Market is Gold: Money talks as $1bn thrown at US tanker stocks in one day
How to bring Indian seafarers home from abroad and Signing on/off procedures for Indian seafarers in Indian Ports.
The Government of India has issued guidelines for the signing on and off of Indian seafarers. For those signing on, the seafarer must visit a medical practitioner to ensure that they are asymptomatic … [Read more...] about How to bring Indian seafarers home from abroad and Signing on/off procedures for Indian seafarers in Indian Ports.
Singapore Coastline Packed With Ships Full of Oil No One Wants
Source : Bloomberg About 60 ships idling off Singapore, up from usual 30-40: IHS A narrow waterway off Singapore has become even more congested as oil-laden tankers wait out a slump in global … [Read more...] about Singapore Coastline Packed With Ships Full of Oil No One Wants
India / COVID-19: Maritime bodies seek PMO intervention to bring back stuck seafarers
Source: The Economic Times NEW DELHI: Thousands of Indian seafarers are currently stuck aboard cruise and cargo vessels in far off waters, and the country may face disruption in supply chain if … [Read more...] about India / COVID-19: Maritime bodies seek PMO intervention to bring back stuck seafarers