The Bunkerspot Update 09/01/2019

NOON REPORT

 

 

GLOBAL: APIC predicts oil price recovery in 2019

The Arab Petroleum Investments Corporation says that, barring a sharp economic slowdown, oil markets will rebalance this year with oil prices trading between $60-$70 a barrel.

 

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EUROPE: Port of Oslo opens new shore power connection

The facility will be used by DFDS and Stena Line ferries whilst at berth at the Norwegian port.

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ASIA PACIFIC: Coastal Logistics sees another vessel arrested

The Coastal Corporation subsidiary’s 24,202 DWT MR products tanker, Babylon, was detained on 8 January at Western Petroleum Anchorage B in Singapore.

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MIDDLE EAST: India starts operations at Chabahar port in Iran

India has taken over operations of a part of Chabahar port in the Sistan-Balochistan province of Iran’s southern coast.

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GLOBAL: GEFO places order for dual fuel-ready chemical tankers

The 7,000 DWT stainless steel tankers, which will be ready to operate on LNG and methanol, will be constructed by Avic Dingheng Shipbuilding to a FKAB design.

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EVENT FOCUS: The International Bunker Conference, 6-8 May, Oslo

This event will feature speakers and attendees from oil companies, ship owners and class societies.

 

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