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Gasoline
Oil prices were stable around $90 a barrel on Wednesday but the prospect of increased supply from Iran and the United States kept pressure on the market.Brent crude futures edged down 36 cents, or 0.4%, to $90.42 a barrel by 1150 GMT. U.S. West Texas Intermediate crude fell 43 cents, or 0.4%, to $88.93 a barrel.The contracts…
Jet-Tech Propulsion, an Outdoor Network LLC company, through a partnership with Diesel Outboards LLC, introduced a new ultra-high-performance waterjet designed for an outboard diesel engine at the 2021 International WorkBoat Show.The partnership is in collaboration with the Swedish outboard engine manufacturer OXE Marine…
"shortDescription": "Apache Hydraulic Hose — 1/2in. "longDescription": "This Apache hydraulic hose is designed for use with petroleum- and water-based hydraulic fluids.
RIO DE JANEIRO It was dusk on April 14 when Francisco Kuruaya heard a boat approaching along the river near his village in Brazil's Amazon rainforest. He assumed it was the regular delivery boat bringing gasoline for generators and outboard motors to remote settlements like his. Instead, what Kuruaya found was a barge…
With investors experiencing a massive upside in earnings as well as stock returns in container and dry bulk shipping, expectations have risen to similar levels for tanker shipping as well. However, unlike container and dry bulk sectors the story for tanker shipping has been marred by several factors, with demand being the…
Oil Prices
After a long hiatus period, things are starting to heat up in the ship recycling market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that increased optimism has returned to the market this week with various reports that the recyclers themselves have strong demand and desire to acquire any available unit that comes for sale…
The Multi Function Display Mfd Market research report provides detailed observation of several aspects, including the rate of growth, regional scope and recent developments by the primary market players. The report offers Porters Five Forces, PESTEL, and market analysis to provide a 360-degree research study on the global Multi Function Display Mfd market.
Its just a tad more powerful than the Aston Martin its named after. With a staggering 9,200-turbocharged horsepower, this 171-foot speed machine can reach a highly impressive 37 mph, two or three times faster than other yachts its size. Breakfast in Monaco, lunch in Porto Cervo and back in time for dinner? No problem.Launched…
A2Z Market Research published new research on Global Work-Class ROV covering micro level of analysis by competitors and key business segments (2022-2029). The Global Work-Class ROV explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players.
The Underwater ROV market report offers a forward-looking perspective on the factors that are propelling industry growth, while also highlighting the prevailing and upcoming challenges. Moreover, it entails an in-depth examination of the various market segments to determine major revenue prospects for the future.According to experts…
LNG
Marine Log StaffClean Canaveral providing cool-down services and bunkering LNG to the Eagle BrasiliaThe largest Jones Act LNG bunker barge thus far delivered, the 5,500-cubic-meterClean Canaveral, has completed its inaugural LNG bunkering in Jacksonville, Fla. The vessel operates with the recently delivered tug Polaris as an articulated tug barge (ATB) unit and is owned by Polaris New Energy LLC…
NEW YORK, May 05, 2022--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) ("NFE" or the "Company") today reported its financial results for the first quarter of 2022.Summary HighlightsReported Q1 2022 net cash flow from operations of $114 million, net income of approximately $241 million and EPS of $1.13 per share…
Pascagoula, Miss.-based VT Halter Marine recently launched the first of two new 740'x105'x59' Commitment-class combination container/roll on-roll off (ConRo) ships for Crowley Maritime Corp., Jacksonville, Fla. The El Coquí and its sistership Taíno will be fueled by liquefied natural gas (LNG).Each of the ships will be powered by a single MAN 8S70ME-GI marine engine…
International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the first quarter of 2022. Purchased the Seaways Eagle, a 2011-built LR1, for effectively $3 million and the sale of a 2010-built MR.
Waterway traffic is coming back. November 2021 saw 52.1 million tons moving on the U.S. inland waterway system, the highest monthly tonnage since October 2019, a few months before the onset of the COVID-19 pandemic, and the shutdowns and stoppages of early 2020. Flows estimated by the Bureau of Transportation Statistics (BTS), part of the U.S.