Oil & Energy

China oil spill compensation claims face Iran payment snags / ANALYSIS
Shipowners return to buying ways

Shipowners return to buying ways

Genova - There were 411 newbuilds contracted by ship owners in 2017(20,000 DWT bulk carriers and above, 30,000 DWT tankers and above, 500 TEU container ships and above), compared to 166 vessels during the previous year

Rescue crews wrestle to tame China oil tanker fire; body of mariner found / GALLERY
Trump administration aims to open nearly all U.S. offshore to oil drilling
Oil trades near strongest levels since mid-2015 on Iranian unrest
Iraq’s exports from southern oilfields hit record 3.535 mln bpd in Dec
Saudi Aramco shipyard JV appoints CEO

Saudi Aramco shipyard JV appoints CEO

Dubai - Saudi Aramco and its partners have appointed Fathi K. Al-Saleemas chief executive of a joint venture to build a shipyard on the kingdom’s east coast, part of the Saudi Arabian government’s drive to diversify the economy beyond oil

Attack on Libyan crude pipeline cuts output by up to 100,000 bpd