Cargo News

 

China Banks "Massive Volume" of Crude in May

Jun 19, 2023

China added to crude oil stockpiles at the fastest rate in nearly three years in May, as robust imports outweighed near-record refinery processing.A total of 1.77 million barrels per day (bpd) was added to inventories in May, the most since July 2020 and reversing the small…

Floating Wind to Drive U.S West Coast Port Developments

Jan 30, 2023

In recent State of the Port address, the first held since 2020, the Port of Long Beach’s Executive Director Mario Cordero discussed the port’s plan to support California’s emerging floating wind industry.The Port of Long Beach has not yet been identified as a marshalling port for any one project…

Finance: Investors Become Super-Bullish on Oil

Jan 30, 2023

Portfolio investors have piled into petroleum futures and options at the fastest rate since the first successful coronavirus vaccines were announced in late 2020.China’s exit from a zero-COVID strategy, along with hopes the global economy can avoid a recession and low oil inventories…

TMA Logistics Wins SGRE Work

Jan 13, 2020

Dutch outfit TMA Logistics has been commissioned by Siemens Gamesa Renewables Energy (SGRE) to provide the transhipment and transhipment of wind turbines for Windpark Fryslân.Wind farm Fryslan comprises 89 wind turbines that will be realised in the Frisian part of the IJsselmeer…

Current News

Iran’s Top Security Body to Weigh In on Strait of Hormuz Closure

Iran’s Top Security Body to We

Gimi FLNG Enters Commercial Ops at BP’s GTA Project off Western Africa

Gimi FLNG Enters Commercial Op

Aibel to Provide Maintenance Services for Two Vår Energi’s Oil and Gas Fields

Aibel to Provide Maintenance S

MDL Assists Saipem to Deliver Offshore Campaigns in West Africa

MDL Assists Saipem to Deliver

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