Exxon Mobil’s Group II base oils refinery opening in Rotterdam and declining car sales in Europe has had little impact on US flows of base oil volumes into Northwest Europe during the first half of this year. The first six
Global container line Hapag-Lloyd will comply with the upcoming 0.5%S cap through a combination of compliant fuels, employing scrubbers and by using liquefied natural gas. The container line’s primary method of compliance with the International Maritime Organization’s sulfur cap will
The EIA on Wednesday reported US East Coast gasoline stocks of 59.9 million barrels, a 409,000 bbl build over the past week, as firmer production and seasonally-strong imports were more than enough to offset summer driving demand.
With less than six months to go before the upcoming IMO 2020 sulfur cap deadline, Istanbul bunker suppliers are still unable to offer 0.5 percent bunker product to customers.
The impact of US and China tariffs has led to a shift in manufacturing from China to Southeast Asia – and as the trade war rages on, this movement is likely to become more pronounced. According to the US Census
The global base oils market is going through a structural change in the face of more advanced emissions and quality requirements across numerous markets including the shipping, industrial and automobile sectors. Base oils are used alongside additives to produce lubricants