China seals Dalian port after spill China has closed the Dalian Xingang oil port in its north-east, home to the country's largest oil reserve bases, after crude pipeline explosions spilled oil into the sea.
Singamas sees box prices rising on shortage Singamas Container Holdings, the world's second-biggest maker of shipping boxes, said prices will rise as much as 9 per cent by year-end as shippers struggle for containers amid rebounding global trade.
Traders fix ships to store gas oil, jet fuel in Europe Trading firms Vitol and Hetco have fixed two Aframaxes ship each to store gas oil and/or jet fuel in the European oil hub of Amsterdam, Rotterdam, Antwerp (ARA), ahead of winter to take advantage of a marginally wider contango and lower time-charter rates, traders and ship brokers said yesterday.
Navios triples tanker bet NAVIOS Maritime Acquisition Corp today announced that it plans to acquire seven VLCCs for $587M, dramatically expanding its tanker fleet
Montreal box ops stymied CONTAINER operations at the Port of Montreal ground to a halt today after the Maritime Employers Association ordered a lock-out in a contract dispute with 850 longshoremen
Chevron-Kogas deal advances CHEVRON announced today it has signed a non-binding agreement with KOGAS for the delivery of LNG from the Wheatstone project in Western Australia
LMA: Sri Lanka threat remains LLOYD's Market Association told Fairplay today that the political situation in Sri Lanka still poses a threat, despite the formal removal of the country's war-risk classification
More tests ordered at blowout US OFFICIALS are keeping close tabs today as BP tries to determine the cause of oil seepage and a methane release near its blown-out Gulf of Mexico well
Seychelles pirate plan agreed INDIA and Seychelles reportedly agreed today to increase co-operation to address Indian Ocean piracy
Novorossiysk repays loan RUSSIA'S Novorossiysk Commercial Sea Port said today it has repaid a $118M syndicated loan to UniCredit Bank Austria and ZAO UniCredit Bank
Alaska rues ECA cost implications Shipping fuel costs could double as a result of environmental regulations, politician vows to continue fight for exemption.
Prices showing losses across the board NYMEX showing gains in early trading.
Prices start the week soft Durban prices largely stable on Monday.
New report combines six ECA studies Results presented in submission to IMO as shipowner associations highlight concerns about cost implications.
Industry bodies pledge continued support for IMO's GHG work Top level industry representatives say they will support outcome of MEPC 61 presented to UNFCCC talks in Mexico.
IFO prices down at key ports One South Korean refiner not offering Monday due to tight supplies, sources say.
Sinopec Fuel Oil commences Taizhou bunkering operations First delivery of 380 cSt bonded product made this weekend, Bunkerworld is told.
Bunkering operations crippled at Chinese harbour Xingang, Dalian closed due to oil pipeline explosion and oil slick at the port, says local player.
South Asian port faces supply disruption 380 cSt product not available in Karachi 'this fortnight', traders say.
FSL vessel arrested for unpaid bunkers released FSL Trust secures release of Nika I after posting $2.8 million security.
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