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Tuesday, December 12, 2017

No. 41/2002

Published

Article

11.10.2002

Record low US commercial crude oil stocks - EIA

The US commercial crude stocks as of 27 September were the lowest recorded by EIA since the published records that began in 1982. They are 10.5% below the level at the same time in 2001 and 10% below the average level over the last 2 years. ... More

11.10.2002

INTERTANKO IN THE NEWS

Le Monde, 7 October 2002 – The explosion of the supertanker Limburg: the track of the terrorist attack Singapore Shipping Times, 7 October 2002 - No escaping demands for more transparency Singapore Shipping Times, 8 October 2002 - Fears rise of tanker attack in region Singapore Shipping Times: 9 October 2002 - Security threats in Malacca Strait: cooperation urged Lloyd’s List, 11 October 2002 -...... More

11.10.2002

INTERTANKO’S ASIAN REGIONAL PANEL TO MEET IN SINGAPORE ON 15 OCTOBER 2002

The 12th meeting of INTERTANKO’s Asian Regional Panel will take place in Singapore on 15 October 2002. The meeting will be chaired by Mr KH Koo of the TCC Group. Representatives from MPA and Nippon Maritime Center will be giving presentations. ... More

11.10.2002

Short-term energy outlook - EIA

In its October 2002 short-term energy outlook the US Energy Information Administration (EIA) points towards continued high oil prices which are the result of declining OECD commercial oil inventories, worries over a potential war with Iraq, and OPEC’s decision to leave production quotas unchanged at its September meeting. Should there be solid growth in world oil demand this winter this would further tighten world oil markets and reduce commercial inventories.... More

11.10.2002

MEPC#48 - MARPOL ANNEX II REVISIONS A 3- OR 5-TIER

Despite protracted debate in Plenary which resulted in the formation of an informal working group to attempt to reach a compromise, the decision to opt for either a 3-tier system or a revised 5-tier system had still not been reached at the time of writing this article.... More

11.10.2002

CANADA SIGNS BUNKER CONVENTION

On 27 September 2002, Canada signed the International Convention on Civil Liability for Bunker Oil Pollution Damage, which, on entry into force, will establish a liability and compensation regime for bunker oil spills.... More

11.10.2002

MARPOL ANNEX VI CLOSER TO IMPLEMENTATION

Panama and Greece stated during this week’s IMO MEPC session that they intend to ratify MARPOL Annex VI before the end of December 2002. This could bring the total tonnage of the countries that have ratified to as much as 50% of the international fleet.... More