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Iran’s oil industry has not been affected by a barrage of Israeli air strikes against the country early on Friday and is operating normally.
"No damage was caused to the
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HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has announced a KRW 349bn ($254.3m) contract for two 300,000-dwt crude carrier newbuildings.
It said the VLCCs, ordered by a shipping company
A shift in oil price trends may rescue VLCC owners from rock-bottom summer markets, according to shipbroker BRS Group.
The company said oil prices are at their lowest level since
London-based Baltic Exchange is expanding the scope of its bunker price reporting, together with increasing the frequency of assessments.
Reports will now be issued each working day from Monday to
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