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Michelle Wiese Bockmann
Latest From Michelle Wiese Bockmann
Petroleum feedstock in demand for ethane-to-ethylene plants. Ethane exports have kept the lowest profile in the US shale oil evolution. The Eastern Pacific-owned ships linked to the deal will have dual-fuel ethane propulsion
Black Sea-Med rates assessed as negative for four weeks. The reopening of larger oilfields in Libya saw production resume and reach above 300,000 barrels per day so far in October, and should be at 500,000 bpd in the coming weeks
Malaysia is key transhipment hub for crude and refined products and used by Iran and Venezuela for floating storage of US-sanctioned cargoes
Executives from Hafnia, Scorpio Tankers, Ardmore Shipping and d’Amico talk up the sector at a Capital Link forum
As lockdown restrictions are tightened on key global economies, the demand for crude oil and crude products will shrink. Amid volatile markets, demand for tankers has fallen 14.5% this year, with global fleet utilisation at 80%
American expectations that marine service providers share unsubstantiated information about possible sanctions-busting vessels is a ‘kiss of death’ for innocent shipowners, says International Group