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Natural Gas Is Losing Its Shine for Ship Operators

Natural gas tankers in recent years provided a seemingly surefire way for shipping investors and vessel operators to tap into changing energy markets and the raft of U.S. export projects aimed at meeting demand in Asia. But the coronavirus pandemic is

Suncor Extinguishes Fire on Terra Nova FPSO

A fire broke out on Saturday aboard Suncor Energy-operated Terra Nova FPSO offshore Canada, the offshore oil and gas regulator C-NLOPB said. Suncor told C-NLOPB that everyone onboard was accounted for and safe, and that the fire had been extinguished. “There

Global bunker fuel demand set to drop 5%-10% on COVID-19 pain – expert

Global bunker fuel demand is likely to fall by 5%-10% year on year in 2020 as the coronavirus pandemic slows trade and impedes shipping and ship crew movements in many countries, a bunker industry expert said. “Major bunkering hubs worldwide likely