Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
Platts office in Singapore will be closed on Tuesday, November 10, 2015 for the Deepavali holiday and there will be no East of Suez tanker or Asia-Pacific dry bulk assessments on those days. Dry Freight Wire will not be published. ...
Handysize tanker freight rates on the Cross-Mediterranean voyage, basis 30,000 mt, have hit their lowest in five years on Monday on the lack of cargoes and ample tonnage, shipping sources said Tuesday. According to Platts data, freight ...
Tags: Handysize tanker, freight rates, cargoes
The U.S. Environmental Protection Agency and Alaska Department of Environmental Conservation are mobilized to remove 4,400 gallons of low-sulfur diesel from a creek that flows into the Tiekel River after an oil tanker truck slid off the ...
China's crude imports from its major suppliers rose significantly in November versus a year ago, with Russian cargoes hitting a record high, although shipments from top exporter Saudi Arabia fell 5.9% to 3.99 million mt, detailed data from ...
Tags: Crude Imports, pipeline oil
Tesla Nanocoatings is expanding production of its Teslan brand of nanocoatings, a corrosion-resistant coating for structural steel, produced with SMW Specialty Multi-wall Carbon Nanotubes developed by SouthWest NanoTechnologies (SWeNT). ...
Fonterra farmers’ sustainable dairying initiatives are back in the spotlight with the launch of the Co-op’s third Farm Focus series on YouTube. The latest series draws attention to the use of solar energy to power a cowshed ...
Tags: Fonterra, Initiatives, Food
So far, dual-clutch transmission (DCT) technology is only available in the award-winning Duonic gearbox available in Mitsubishi Fuso Canter class 4/5 trucks, but you'll be seeing more of it soon. Fuso was first with a DCT in a commercial ...
Utility Trailer Manufacturing Company, the industry’s leading manufacturer of refrigerated trailers, dry freight vans, and flatbed trailers, is pleased to announce its largest single trailer order purchased by Prime. Founded in 1970 ...
Tags: Utility, Trailer, Accessories
Volvo Trucks is now launching I-Shift Dual Clutch, the first transmission on the market with a dual clutch system for heavy vehicles. Thanks to power-shift gear changes without any interruption in power delivery, torque is maintained and ...
Tags: Volvo Truck, Gearbox, Heavy Vehicles
The National Heavy Vehicle Regulator has issued its first safety and compliance alert to industry, following early observations of investigators on the recent fatal fuel tanker crash in country Victoria. NHVR chief executive Sal ...
BOSTON – Seven companies in New England that store and distribute oil have all created or updated spill prevention plans and come into compliance with federal oil pollution prevention laws, thereby ensuring that the local environment ...
According to the data released by the Japan Ship Exporters' Association (JSEA), Japanese new ship export orders in May this year decreased by 69.23 percent on tonnage basis compared to April, amounting to 14 ships, down from 29 ships ...
Tags: Ship Export, shipbuilders
Swedish automobile manufacturer Volvo will debut the I-Shift Dual Clutch transmission on the Volvo FH trucks stating from autumn 2014 I-Shift Dual Clutch, which is the first transmission with a dual clutch system for heavy vehicles, is ...
Tags: Volvo, Heavy Vehicles
Libya's oil sector is showing tentative signs of recovery, with production now averaging around 300,000 b/d after the restart of the key Elephant field and with exports from the eastern ports of Marsa al-Hariga and Zueitina resuming after a ...
Tags: Oil Production, Elephant crude