The perception of tanker demand may have been bolstered Friday by a Financial Times article late the previous day that estimated that tankers were being used to store more than 100 million barrels of oil and heavy fuels at sea. Source Hellenic Shipping News
The world’s two first hydrogen-powered trains have begun service in Germany. The trains, which operate in between northern German towns, are a step away from traditional diesel power. According to a press release from Alstom, the trains’ French parent company, they are are “equipped with fuel cells which convert hydrogen and oxygen into electricity. Source Popular Mechanics
U.S. President Donald Trump linked American support for Middle Eastern countries to oil prices on Thursday as he again urged OPEC to lower prices. Source: Reuters
The United States expanded its sanctions war against Russia to China on Thursday, announcing punitive measures against a Chinese military organization for buying Russian fighter jets and missiles. Source: France24
