WATCH: Transocean rig comes to Southeastern Europe for 540-day drilling gig on €4 billion gas project

Transocean is expected to kick off drilling activities in the Black Sea next year, after one of its semi-submersible rigs, which was hired for a gas project off the coast of Romania, arrived in Constanta. The post WATCH: Transocean rig comes to Southeastern Europe for 540-day drilling gig on €4 billion gas project appeared first on …

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The COVID-19 shock prompted us to develop a new index of supply chain stress

In normal times, the workings of the global supply chain are invisible and unnoticed by consumers. That changed with the COVID-19 pandemic, which was followed by disruptions along the supply chain and resulted in shortages of goods and rising prices for consumers around the world. The pandemic and subsequent shocks—terrorist attacks on shipping in the …

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Tankers: VLCCs Show Strong Rebound

Clean LR2 LR’s in the MEG have not had an easy week with plenty of available tonnage. The 75kt MEG/Japan TC1 index bubbled around the WS95 level. The 90kt MEG/UK-Continent TC20 run to the UK-Continent did, however, suffer after several fixtures reported mid-week at around the $2.85m level have driven the index down the $2.91m …

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