Ocean Victory gets ice-block christening The Ocean Victory, one of a series of X-Bow expedition cruise vessels of Ulstein's CX103 design, was recently officially named in South Georgia in the Atlantic Ocean. The ship was christened by
Van Oord to charter in giant Seajacks WTIV Eneti Inc. (NYSE:NETI) reports that its Seajacks UK Limited subsidiary has signed a major contract with Dutch marine contractor Van Oord. Under the contract, Van Oord is to charter in the wind
Tanker sinks off Bahamas after encounter with super yacht A 750 dwt product tanker sank Christmas Eve after reportedly being rear-ended by a super yacht when en route to Norwegian Cruise Line Holding's private island in the Bahamas, Great Stirrup Cay.
2021's top shipping stories: From Ever Given to epic California port pileup There has never been a year like this for container shipping. Here are the biggest stories of 2021.
Feds to automate crew inspections for US-bound ships CBP and vessel operators will save money through a new rule requiring that crew-list inspections go paperless.
Ports benefit from more than $241 million in federal grants Twenty-five port projects in 19 states are receiving U.S. Maritime Administration grants aimed at bolstering port infrastructure.
How will COP26 affect sustainability movement in freight moving forward? While many companies put environmental concerns on the back burner the past two years, "the topic has very much returned to the top of the...
How ocean carriers dove deeper into logistics, air cargo in 2021 Shipping lines are flush with cash and using it to expand into logistics services.
Brazil's Petrobras to sell Carmopolis onshore oil fields to Carmo Energy Brazil's Petrobras continued to shed legacy production assets as the state-led oil company exits onshore production, agreeing to sell the Carmopolis cluster of onshore fields and related infrastructure in Sergipe state to new player Carmo Energy.
US crude inventories likely lower on steady refinery runs, higher exports US crude inventories likely fell the week ended Dec. 24, extending a downward trend seen since mid-November on a rise in refinery runs and strong exports, according to analysts surveyed by S&P Global Platts.
OIL FUTURES: Crude, products settle higher on easing omicron concerns Crude and oil products futures rallied Dec. 27 along with equities on easing concerns about the omicron variant.
AMERICAS BUNKERS: Key market indicators Dec. 27-31 The delivered 0.5%S jumped $30, or 5.3%, to $601/mt in Santos, Brazil. A study from Brazil Energy Research Co. projected the country will remain a net exporter of crude and refined products, helped by its massive exports of low sulfur crude, which is used to produce marine fuel 0.5%S.
India's 10-month high in crude imports signals robust demand outlook India's refined oil product exports fell 2.9% month on month to 5.2 million mt, or 1.3 million b/d, in November, PPAC data showed. The decline in exports of refined products was driven by diesel sales, which fell amid Omicron-related concerns. Diesel exports fell 3.9% on the month in November.
ADNOC to export 1.437 million b/d of Murban crude in December 2022 ADNOC set the January official selling price for Murban at $82.03/b, down from $82.73/b for December OSP.
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