Oil and gas shipping rates

Oil and gas shipping rates

The gas and oil industry relies on shipping companies and third party logistics providers to move complicated freight shipments around the world. Gas logistics usually involves shipments to remote parts of the globe, which can involve shipping heavy gas equipment and following strict safety guidelines. It also involves complying with strict regulations in the US and overseas. Whether you need to transport piping, drilling rigs, refinery equipment, replacement parts or anything else that needs to be moved across the country or around the world in a hurry, Global Shipping Services can provide the oil logistics and transport services necessary to get your supplies or products where they need to be in record time. Global Shipping even provides heavy haul and project cargo services for your complex shipments, and we have the capabilities to move supplies by land, air, sea, rail or multi-modal transport.

From the News Desk: How will an oil price war impact shipping?

Every day we help our customers from the oil and gas industry and their partners transport a variety of oil and gas cargoes safely around the globe.

This experience has given us valuable industry insight and helped us develop the know-how to safely and efficiently handle all types of oil and gas equipment. The cyclical nature of the oil and gas industry is well known. Investment in new or existing infrastructure is what drives the oil and gas breakbulk market, but such investment is typically dictated by demand.

Today, these challenges are often heightened by financial and political volatility, fluctuating demand and regions with inadequate infrastructure. As a result, logistics costs might not be the first thing that spring to mind when considering ways to prevent disruption to maintenance, repair and overhaul MRO schedules. Our ocean transportation can help avoid costly logistics challenges by supporting the reliable and timely delivery of your products.

Our technical specialists are on hand to oversee the handling and stowage process and ensure the right equipment solutions are deployed to safely get your products to market. See our range of cargo handling equipment for oil and gas products. The workhorse of our equipment fleet, roll trailers have been developed for cargo up to tonnes. Roll trailers are simply towed on and off the vessel.

Cargo types: all kinds of breakbulk from machine tools to crane counterweights. We also offer specialised railed roll trailers for rail cars and extra low profile roll trailers for particularly tall cargo. They are used in pairs and are suitable for long cargo up to tonnes. The MPB can be fitted with different kind of attachments depending on the cargo. For instance, railed beams for trains and locomotives or a 22 m transport platform to create a roll trailer which can be maneuvered from both ends.

The turntables, of the MPBS, can also be connected together to create a short, light version of our Samson trailers. The Samson light is suitable for generators and transformers. Designed for smaller breakbulk cargo which is not suited for direct stowage on a vessel deck. Bolsters are suitable to minimise the handling operation in the port as several small pieces of cargo can be loaded on a bolster and forklifted onboard. Cargo types include: steel plates and coils, small yachts, crates and machinery.

One of our original designs, ideal for breakbulk up to tonnes. Cargo types include: transformers, generators and turbine rotors. Our trade maps provide a great overview of WW Ocean's global liner services. The detailed maps specify ports of load and ports of discharge, transit time and frequency as well as other practical info. Variety of cargo handling equipment. Roll trailers The workhorse of our equipment fleet, roll trailers have been developed for cargo up to tonnes.

More details. Bolster Designed for smaller breakbulk cargo which is not suited for direct stowage on a vessel deck. Samson heavy-lift trailer One of our original designs, ideal for breakbulk up to tonnes. Global trade network.

See our trade maps. Suggested reading. See all. How our engineering experts break new ground for breakbulk shipments. Collaboration in action: Breakbulk lessons from around the world.

Following nearly 10 years of relative price stability, shipping rates for crude oil tankers have fluctuated widely since mid because of a. Crude Exporters Brace for Sustained High Shipping Costs - oil and gas An oil tanker anchored near Marseille, France, in An array of.

The cost of moving oil around the world has hit an year high as producers scramble to find new supertankers following a U. Shipping executives say the U. Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. But with Iran and Venezuela oil exports also under U. The longer distance to move oil cargoes from the U.

The last time floating storage reached levels close to this was in , when traders stored more than m barrels at sea before offloading stocks when the economy began to recover.

Every day we help our customers from the oil and gas industry and their partners transport a variety of oil and gas cargoes safely around the globe. This experience has given us valuable industry insight and helped us develop the know-how to safely and efficiently handle all types of oil and gas equipment. The cyclical nature of the oil and gas industry is well known.

Supertankers drafted in to store glut of crude oil

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Oil / Gas Transportation & Logistics

A large number of LNG fuelled ships and LNG tankers sailing the oceans today have been certified and classed by us, while we have also conducted numerous terminal feasibility and safety studies as well as certification and survey work. We have and we are running studies on behalf of private organisations and governmental bodies to prepare our clients for the introduction of a small scale LNG value chain. LNG as a fuel is both a proven and available commercial solution. LNG offers huge advantages, especially for ships in the light of ever-tightening emission regulations. Conventional oil-based fuels will remain the main fuel option for most vessels in the near future, and, at the same time, the commercial opportunities of LNG are interesting for many projects. While different technologies can be used to comply with air emission limits, LNG technology is a smart way to meet existing and upcoming requirements for the main types of emissions SO x , NO x , PM, CO 2. LNG can be competitive pricewise with distillate fuels and, unlike other solutions, in many cases does not require the installation of additional process technology. The figure below gives an overview of oil, ship fuel and gas price development. Gas lower heating value lhv has to be assumed for ship fuel.

The value of Brent crude has slumped by more than a third since the Organisation of the Petroleum Exporting Countries failed to rein in a coronavirus-led oversupply that had already been weighing on prices.

Current price development oil and gas

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