COSCO/OOCL's CI1 service to call at APM Terminals Pipavav
New Mangalore Port draught increase
JNPT launches Mobile App JNP-CPP & eWallet for Centralized Parking Plaza
Karnataka govt urged to develop inland waterways on Netravati & Gurupura rivers
Snowman Logistics ends year on a high note
Contactless Customs Processing during Covid-19 pandemic - Submission of request for various items of work in all Commissionerates of JNCH through online mechanism
Glander International Bunkering celebrates 60 years of shipping & bunkering
India's cumulative tea output up
Maximising operational efficiency for logistics & supply chain using AI & Big Data
SEACOR Power: Response focus is now on salvage While the United Cajun Navy and other volunteers still continue to search for the seven still missing crew members from the fatal SEACOR Power lift boat capsize in which six crew members
Bipartisan measure seeks $25 billion boost for shipyards supporting Navy fleet With infrastructure spending on the agenda in Washington, D.C., a bipartisan group of legislators has introduced a measure aiming to provide $25 billion to make investments needed to optimize, improve, and rebuild
Golding Barge takes delivery of second triple-screw towboat Now in service with Golding Barge Line Inc., of Vicksburg, Miss., the M/V Rusty Moore is the second of two 94-foot, triple-screw towboats built for the company by Master Boat Builders of
Svanehøj wins major pump order for new Chinese MR tankers Pump manufacturer Svanehøj reports that a significant expansion of its presence in China is showing results. In just a few months, the company has landed two major product and chemical tanker pump
ZEI's hydrogen-powered craft project gets $2 million grant The California Energy Commission has awarded Zero Emissions Industries (ZEI) a $2 million grant to design, build and test a first-of-its-kind hydrogen fuel cell powered small, fast harbor craft. Formerly known as
Lloyd's mulls axing support for LOF salvage contract Already weakened by animosity from quarters of the marine insurance sector, the world's foremost salvage contract could be facing the...
Weekly Briefing: Dry bulk on a high | All eyes on Maersk for containers | Tankers gauge impact of Iran return All bodes well for a bumper year for carriers, so the bellwether Maersk results next week will be an early...
Shipping ignores the human element at its peril The Covid pandemic has shifted the emphasis back onto people working at sea and on shore. There has been a...
Container schedule reliability shows small signs of improving Box lines have shown signs of improving reliability. But even so, nearly two thirds of vessel calls are late
Shipowners face pressure to back $100 carbon levy Five NGOs have told industry groups that their proposal for a global research and development fund would simply waste precious...
US exporters call for action on container availability The bottlenecks in the containerised supply chain are preventing US exporters from reaching markets. But efforts to remedy this could...
Norwegian approach to safety chosen for 'K' Line roll-out The leading Japanese shipping company has discovered the value of a common approach to safety by developing an organisational culture...
Owners and unions hope to ease tensions after minimum wage talks collapse The seafarers' minimum wage of $641 a month will not rise for two years after International Labour Organization talks collapsed...
Daily Briefing Free to read: Ever Given owners seek to cap Suez limitable claims at $115m | US seizes Cameroon-flagged tanker for...
NYK teams with Akita on crew transfer project The shipping line wants to eventually commercialise this latest business it is building for operation and management of crew transfer...
Ship recycling halted as India diverts oxygen to health crisis GMS noted that there were still some end buyers looking to buy vessels despite ongoing uncertainties regarding vessel deliveries, customs...
World's largest box maker boosted by order spree Analyst says a 20-feet dry box was priced at $3,500 earlier this year, up from $2,322 in December, while the...
Matson boosted in first quarter by buoyant transpacific trade Matson's first-quarter container volume in China increased 218.6% year-on-year primarily due to volume from the firm's express CLX+ and CLX services
Alibaba cargo flights supply duty-free shopping zone in China You may not have heard of Cainiao, but you know parent company Alibaba is the Amazon of China. Cainiao is powering Alibaba's logistics and recently...
Ag industry's letter to Buttigieg urges immediate action on export problem Ag letter is the latest in a series of urgent pleas to stop the denial of trade and increased demurrage costs.
S KOREA DATA: March gasoil exports at 6-month high South Korea's March gasoil exports climbed for the second straight month in a row to touch a six-month high amid an uneven patchwork of regional gasoil demand, with firmer demand observed from some countries, which have enjoyed relative success at containing the latest spread of the coronavirus.
China to cut May gasoil exports to 1.89 million mt, down 23% from April: sources China's oil companies plan to cut gasoil exports by 22.9% month on month in May to 1.89 million mt due to tightening supplies in the domestic market amid heavy maintenance, market sources told S&P Global Platts on April 28.
THAILAND DATA: Mar fuel oil exports fall 31% as more allocated to domestic bunker market Thailand's March fuel oil exports declined 30.8% on the year to 40,735 b/d, according to the latest Customs Department data, as more cargoes are allocated to the domestic market.
BRAZIL DATA: Petrobras Q1 refinery output slides on pandemic, maintenance Brazilian state-led oil company Petrobras registered a 0.8% year-on-year decline in refinery output in the first quarter as the country's brutal coronavirus pandemic and maintenance work at four refineries undercut production, the company said in a production and sales report.
African oil demand poised to reach pre-pandemic levels by H2 2021: analysts African oil demand is recovering steadily with demand likely to reach pre-coronavirus pandemic levels by the second half year, with imports continuing to account for a larger share of total fuel needs, analysts said on April 28.
FEATURE: NWE 50 ppm diesel tightens as Belgian CO2 rule change on 10 ppm shifts buying patterns Changes to the calculation of CO2 reductions required from the sale of red-dyed 10 ppm sulfur diesel in Belgium from April 1 have seen consumers in the country turn to 50 ppm gasoil as an alternative, in turn tightening the 50 ppm barge market across Northwest Europe, according to market sources.
BRAZIL DATA: Petrobras posts 2.3% rise in Q1 refined-product sales Petrobras registered a 2.3% year-on-year advance in refined products sales in the first quarter as ULSD sales partially offset the impact of fresh social-distancing measures caused by an upswing in Brazil's coronavirus battle, the state-led company has reported.
Oil and gas companies can play important role in the energy transition The energy transition to lower emission resources in the US and globally often focuses on renewable energy, but oil and gas will continue playing a role for the foreseeable future and that industry is making some decarbonization efforts that can be boosted with government support, energy experts said April 28.
Argentina roadblocks seen lifting soon to free up access to Vaca Muerta shale play: Vista CEO Protests that have been blocking access to oil fields for 22 days in Argentinian province Neuquen are poised to be lifted in the next few days, allowing producers to resume activities in the fields and production to grow, a source close to the situation said April 28.
US sees large distillate inventory draw amid steady demand, weaker imports US distillate fuel oil inventory draws extended during the week ended April 23, as demand rose to seven-week highs and imports fell to the lowest since early November, US Energy Information Administration data showed April 28.
OIL FUTURES: Crude climbs on smaller-than-expected US build, OPEC+ confidence Crude oil futures settled higher April 28 on the heels of a smaller-than-expected US inventory build and improved demand outlooks.
Iran state oil producer ready to lift production to 2018 levels **NISCO is capable of producing more than 3 million b/d **Preparations made to increase output if sanctions lifted
LR freight plunges as longer Med tonnage hits rates for arb to Japan **Long Range 2 market drops to six-month low **Participants pin hopes on volume rise amid improved arb
SOUTH KOREA DATA: March fuel oil imports up 13% on year as refinery feedstock use rises The country, a net fuel oil importer, also exported 297,000 barrels in March, a 114% increase on the month.
DUTCH DATA: Rotterdam port Q1 products throughput boosted by fuel oil Oil product volumes increased "thanks to stronger inbound and outbound flows of fuel oil and gasoil/diesel oil," the port said.
JAPAN DATA: April 24 oil products stocks dip 1% on week to 61.71 million barrels
FUJAIRAH DATA: Oil product stocks climb with heavy distillates reaching an eight-month high **Middle East sending gasoline to US Atlantic Coast **Fuel oil exports slowing, bunker sales falling
Saudi sees future demand for its oil amid Aramco share sales plan: Crown Prince "There is a wrong perception among many analysts that Saudi Arabia wants to get rid of oil," Mohammed bin Salman said.
OIL FUTURES: Crude higher as OPEC+ upholds output increase, signaling confidence The recovery looks mixed as oil demand softens in countries still facing waves of COVID-19 A,NZ Research analysts said.
OPEC's output pledge music to ears of pandemic-hit Asian oil buyers The last thing Asian buyers would want are higher prices as they try to rebuild their economies.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
