China's surging imports of metals, grain seen as boon to bulk shipping
CMA CGM Group announces order of 22 new box vessels
CNC enhances connectivity in Intra-Asia with three new feeder services
HMM recognised for sustainability progress
SCFI at record high
DGTR recommends anti-dumping duty on TID from EU, Saudi Arabia, Chinese Taipei, UAE
Abu Dhabi Ports successfully issues $ 1 billion bond
Alternate Nodal Officer for facilitating Customs clearance of Covid or medical related goods including raw materials, packaging materials, medicines, medical machinery, their parts, etc.
Submission of documents for specified items of work through e-mail - A measure to minimise human contact
Covid-19 has reshaped last-mile logistics, accelerated e-commerce: Report
DP World launches e-commerce platform
Mahindra Logistics' Q4 revenue & PAT up
Railways launches online payment system for freight charges
Ramifications of beneficial ownership on ship arrest
BV classes Norway's first LNG bunkering vessel Bureau Veritas (BV) has awarded its classification to Bergen Tankers' Bergen LNG, the first LNG bunkering vessel (LBV) operating in Norway. The vessel was created by converting the 2010-built oil tanker Oslo
USACE towing vessel gets a new job and a new name The Rock Island Engineer District was today set to hold a christening ceremony in Quincy, Ill., for the M/V Quincy. Originally built in 2008 and operated by the Louisville Engineer District as
CMA CGM orders 22 more ships Marseille headquartered CMA CGM Group reports that it has signed an order with Chinese shipbuilder CSSC for 22 new ships. 6 LNG-powered containerships with a capacity of 13,000 TEUs; 6 LNG-powered containerships
World's first LNG-fueled fast ferry ready for work Spanish ferry operator Baleària reports that its Eleanor Roosevelt, the world's first fast ferry with LNG-fueled engines, will start operating May 1 on its route linking Dénia on Spain's east coast, with
Offshore wind: U.S. still playing catch up Worldwide, the offshore wind industry's global installed capacity is set to exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects, a Rystad Energy report shows. The combined capital
Liner association lambasts 'defeatist' greens over decarbonisation fund The World Shipping Council has slammed the 'defeatist approach' of environmental groups. The latter have called on industry bodies to...
From the News Desk: India's virus wave threatens crew-change progress Shipping figured out long ago how to change crews safely and things were looking up. But horrifying headlines from India...
It's high time shipping listened to entrepreneurs The next Lloyd's List special report asks what entrepreneurs need to succeed in shipping and where the barriers to success...
Suez closure will delay supply chain recovery Large-scale risks continue to exist within the containerised supply chain. But shippers need to ask if they are prepared to...
ONE posts record profits on strong demand Three years after it launched operations, Ocean Network Express has seen profits leap up. But the pandemic that led to...
Australia's wheat exports riding high The higher exports should lend support to the panamax segment, which has been climbing. Smaller bulkers could also benefit from...
The Lloyd's List Podcast: How will the Suez blockage impact marine insurance? Lloyd's List is teaming up with its sister publication Insurance Day this week for our first joint edition of the...
Reimposing seafarer travel bans threatens global vaccination push 'We cannot continue to let the world's 1.7m seafarers be collateral damage in the fight against the pandemic' - International Chamber...
BDI hits highest level in 11 years Robust Chinese iron ore demand, higher steel production in China and strong supply side dynamics are the bedrock of this...
Daily Briefing Free to read: India's worsening health crisis triggers fresh crew-change challenge | London calling: IPO heralds move to kick-start UK return...
Lawmakers move to force an end to port of Montreal strike The bill would force Canadian Union of Public Employees and Montreal's Maritime Employers Association to submit to a mediation process...
India's seaborne trade faces disruptions as infections rise Although the most recent outbreak has had a limited impact on India's seaborne trade so far, disruptions are likely in...
Crew union criticises shipowners for ILO pay freeze The National Union of Seafarers of India condemned shipowners for the failure this week of talks in Geneva to raise...
No relief: Global container shortage likely to last until 2022 Chinese container production still trails torrid demand. Ever Given accident was 'icing on the cake' - making box shortfall worse.
SINGAPORE DATA: Middle distillate stocks at 54-week low on planned maintenance, higher exports Singapore's commercial stockpiles of jet fuel, kerosene and gasoil reversed the upward trend of the last two weeks as healthy outflows of gasoil, against a backdrop of reduced inflow of middle distillates due to scheduled refinery turnarounds, pushed inventories below the 13-million barrel mark, Enterprise Singapore data released late April 28 showed.
Singapore 10/500 ppm gasoil spread widens to 8-month high on rangebound ULSD, thin 500 ppm demand The price spread between ultra low sulfur diesel and 500 ppm sulfur gasoil cargoes loading from Singapore jumped to an eight-month high, as a steady ULSD market and thinner demand for 500 ppm sulfur gasoil widened the spread between the two grades, Asian middle distillate sources said April 30.
US land drillers see improving activity in 2021 as E&Ps expand operating spheres US land drillers' rig counts are continuing to inch forward, and exploration and production companies are enjoying lower costs as they reap the benefits of efficiency improvements, with increasing activity projected for 2021, top executives said in Q1 earnings calls April 29.
Belarus pledges domestic fuel market stability despite looming US sanctions Belarusian refineries are operating normally and will supply the domestic market with sufficient amounts of gasoline and diesel despite US sanctions being re-imposed against state facilities, Belneftekhim spokesman Alexander Tishchenko said April 29.
Mediterranean 0.1% gasoil cargoes hit one-year low on increased production Mediterranean gasoil cargoes hit a one-year low April 29, with Platts assessment of the 0.1% CIF Mediterranean gasoil cargoes hitting minus $7.25/mt as a differential to ICE low sulfur gasoil futures.
South African bunkers market battles supply shifts amid refinery changes The current economic climate has resulted in a change in the South African refinery landscape, with the local marine fuel market entering a shift in dynamics as the local supply picture changes.
Global oil demand recovery seen shrugging off Indian setback this year India's growing COVID-19 crisis will do little to derail an expected rebound in global oil demand in the coming months as activity in other key oil consumers continues to lift the oil outlook, according to market watchers.
REFINERY NEWS: India's IOC runs at 95% as COVID-19 cases rise Indian Oil Corp, the country's biggest state-owned refiner, was operating at a 95% run rate, company officials said April 30, as the second wave of the coronavirus pandemic surges in Asia's third-largest economy.
ARA fuel oil stocks rise 1% on week to 1.533 million mt: Insights Global Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp region rose 1% to 1.533 million mt in the week to April 29, according to data from Insights Global, following a decrease of 13% in the previous week.
Asian gasoil poised for Europe, WAF despite patchy demand: traders Flows of Asian gasoil and ultra low sulfur diesel to Europe and West Africa are expected to pick up in May, as arbitrage economics are becoming more workable for large newbuilds despite patchy demand for cargoes in Europe, traders said.
Petrobras to reduce Brazil diesel, gasoline prices at refinery gate May 1 Petrobras will reduce wholesale diesel and gasoline prices in Brazil, effective May 1, in an adjustment that coincides with the end of a two-month holiday on federal fuel taxes, the company said April 30.
BIDEN'S FIRST 100 DAYS: US agencies 'moving with remarkable speed' on energy, climate One hundred days into office, President Joe Biden has made rapid progress in dismantling his predecessor's energy and climate agenda and implementing his own.
OIL FUTURES: Crude settles lower on coronavirus spread in India, economic data Crude futures settled lower April 30 as the spread of the coronavirus in India combined with lackluster economic releases from Europe and China.
US' World Fuel Services Q1 bunker volume falls on tough markets, IMO 2020 **Likelihood of cruise lines sailing to improve marine segment **Aviation recovery in Europe, Asia hinges on vaccination drive
BUNKERWORLD INDEX: Prices firm amid mixed outlook for marine markets **Strong Chinese refinery runs weigh on domestic prices **ARA demand expected to increase **Firming oil complex supporting US bunker levels
NWE LSFO crack at seven-month low on weak bunker demand Singapore's bunkering authority recently reported weaker sales for March, and the Fujairah hub has seen heavy distillates stockpiles, including fuel oil and marine bunkers, jump to their highest levels since August.
European ULSD barges at four-month high on returning demand "It is getting better," one Switzerland-based trader said. "For road fuels we are crawling up. If we were at 85%, we are going up to 90% [of pre-pandemic levels]."
All options still on table for cutting shipping CO2 emissions: EC official **EC finalizing impact assessment for shipping regulations **Political decisions needed for inclusion in EU carbon market
Tankers demand to take a hit as India grapples with massive COVID-19 wave A series of province-specific lockdowns across India will weigh on run rates.
JAPAN DATA: March oil product sales rise 4.9% to 2.78 mil b/d Fuel oil consumption contributed to the decrease.
FEATURE: China pulls bunker demand from other Asian ports as competition grows **Singapore, South Korea see slower demand **Ships on bunker-only calls move to China on lower prices **Ambitious target heats up competition
Charterers shy away from tankers with recent history of crew change in India: sources Charterers are also turning vigilant in booking ships to move their cargoes
REFINERY NEWS: Italy's Eni reports lower throughput in Q1 Italian energy group Eni said that throughput at its Italian refineries in the first quarter fell 5% year on year to 3.85 million mt, "in response to a sharply depressed refining scenario."
FEATURE: Changes in marine fuel blends underway amid rising oil product demand **Short shelf life requires careful supply management **Changes could be afoot but outcome uncertain **0.5%S FO crack resilient but gasoline has edged higher in 2021
Largest LNG vessel ever to load at US terminal departs Cheniere's Sabine Pass **MOL FSRU Challenger headed for China: cFlow **Strong netbacks to Gulf Coast from Asia continue
SINGAPORE DATA: Residue stocks dip 1% registering first decline in a month Overall, with low sulfur bunker demand and sales in April lower than March, bunker suppliers in Singapore did not expect stock levels to fall below the near five-month high of 24.8 million barrels.
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