October 21, 2021

Cayman Islands Flag’s fleet continues to impress with low Port State Control detention ratio

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George Town, CAYMAN ISLANDS The Cayman Islands Shipping Registry (Cayman Registry) has recorded a detention ratio of 0.66% across all major Memoranda of Understanding (MOUs) following Port State Control (PSC) inspections with only 3 detentions being recorded for 2018. Cayman has made consistent improvement on its performance year on year and has been making steady […]

Pertamina capitalizes on improved gross split PSC terms to take over Rokan

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Pertamina capitalizes on improved gross split PSC terms to take over Rokan, says GlobalData Following the news (Tuesday 31 July) that Pertamina will replace Chevron in 2021 as sole participant in the license for Rokan, Indonesia’s largest crude producing block, Jonathan Markham, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers […]