Source: S&P global Teekay Tankers is looking toward potentially bullish tanker supply factors, namely discharge delays, floating storage and the orderbook environment to combat depressed crude … [Read more...] about Crude tanker storage, orderbook dynamics could balance demand lull: Teekay
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The Iranian Dilemma: Will Venezuela’s Petroleum Lifeline Provoke Washington?
By:Dryad Global In a modern parallel of the 1963 Cuban Missile Crisis, 5 Iranian vessels, laden not with nuclear weapons, but with embargoed Iranian petroleum are believed to be heading for … [Read more...] about The Iranian Dilemma: Will Venezuela’s Petroleum Lifeline Provoke Washington?
Explosion onboard a Chemical Tanker in Yangtze River
An explosion damaged the 2018-built chemical tanker Qiu Feng 6 on 20th May, Wednesday and injured two crew members. The incident occurred when the vessel was sailing near Wuhu on the Yangtze River. … [Read more...] about Explosion onboard a Chemical Tanker in Yangtze River
Ship managers push for contract extensions as crew change crisis linger
Source:The Hindu In the midst of a crew change crisis that has gripped the global shipping industry, a top global ship management company has started pushing the Indian crew on some of the ships … [Read more...] about Ship managers push for contract extensions as crew change crisis linger
Sorry plight of Indian seafarers: Neither are they able to sail, nor return home
Source: The Hindu Lack of a standard operating procedure for crew change at foreign ports, a stumbling block Synergy booked a 60-seater plane to repatriate the crew, mostly from Tamil Nadu and … [Read more...] about Sorry plight of Indian seafarers: Neither are they able to sail, nor return home
