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ExxonMobil prepares refinery for global sulfur cap

The upcoming sulfur regulations will boost demand for low-sulfur fuel significantly, and oil major ExxonMobil now plans to invest in its UK-based refinery in an effort to get on board the wagon, reports the Financial Times.

Photo: /ritzau/AP/Matt Brown/Arkiv

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Torm CEO after large deficit: Market has already turned

The recovery of a miserable product tanker market is well underway, says Executive Director Jacob Meldgaard in an interview with ShippingWatch after the company delivered yet another significant deficit in the third quarter.

Here is the roadmap for the liner companies' new global initiative

In as little as six months, two or three shared standards for container liner companies should be ready. That is the goal for the new global association between the world's largest container carriers, says André Simha, spokesman for the association and CIO at MSC, to ShippingWatch.

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