The Lloyd's List Podcast: Yet another missed opportunity to decarbonise shipping The pre-COP26 optimism that climate politics may finally being starting to move at pace has ended in a depressingly predictable...
Belgian port marriage will not be all chocolates and roses Both ports have ambitious plans for future growth, yet they depend heavily on fossil fuels for their success. Attracting the...
Pandemic brings crew welfare issues to the fore Small changes in practices on board could make a big difference to seafarer welfare, such as better nutrition, activities and...
No MCA investigation of claim asylum dinghy hit by ship Bridge could easily have been unaware of small inflatable in its path, says expert
Little progress on decarbonisation as another IMO meeting ends The Marine Environment Protection Committee ended with little progress on emissions controls despite public pressure to increase its climate target:...
Top 100: Leading by example Lloyd's List's annual rundown of shipping's most influential players is fronted by those demonstrating the scale, will and desire to...
The 'usual speed of IMO co-operation' is not fast enough Anyone hoping for a wind of change to sweep in from Glasgow and spur the IMO to dispense with 71...
Top 10 shipbrokers 2021 Earlier concerns that electronic trading would reduce the need for traditional shipbrokers have diminished over the years, with the leading...
Diversity is key to shipping's future skills gap High-ranking officials have spelt out how women could plug gaps in the industry's future, from engineers to data analysts, during...
Daily Briefing Supply chains need fundamental rethinking following systemic shocks | Maersk sees slowdown in 2022 demand growth | IMO mulls voluntary...
PIL trims $1bn debt as it seeks to emerge from restructuring Executive chairman SS Teo says the company has 'experienced the most dramatic turnaround' in its financial position over the past...
Seattle port operator tackles congestion with new container storage fee Double demurrage in Seattle: A terminal operator is adding a second layer of fees for extended container dwell times.
CN's main link to Port of Vancouver remains closed CN hasn't been able to reopen its rail main link to the Port of Vancouver due to weather issues as large backlog of vessels continues.
Higher freight costs to challenge transatlantic gasoline arbitrage The arbitrage between Northwest Europe and the US Atlantic Coast opened slightly, as maintenance at several European refineries, such as Sweden's 125,000 b/d Gothenburg refinery, came to an end.
Carbon allowances ease back from record highs as new COVID fears hit energy complex The EUA ETS December 2021 contract traded on the ICE platform below the Eur73.00/mt mark during the Nov. 26 morning trading session, down from the Eur74.91/mt it was assessed at by S&P Global Platts on Nov. 25.
OIL FUTURES: Crude prices collapse on new COVID-19 variant fears Brent crude is down 5.6% from the previous day's settlement, while WTI posted a 6.3% decline. Equity markets also fell, with investors across all asset classes fearing a reimposition of lockdowns across the globe.
BUNKERWORLD: Bunker prices rise amid limited VLSFO supply at biggest hubs *Singapore VLSFO tight going into December *Limited VLSFO supply in ARA until year-end *Rising demand at Buenos Aires
ARA fuel oil stocks down 2.5% on week: Insights Global Traders said they were seeing a supply-constrained market for high sulfur fuel oil in Europe in the week started Nov. 22.
Global mobility tests post-COVID highs as new variant roils markets Mobility in countries representing about half of global oil demand averaged 6.8% below pre-COVID levels in the week to Nov. 22, according to adjusted data from Google, higher on the week and just below the post-2020 high of 6.6% below pre-COVID levels at the end of October.
THAILAND DATA: October exports of all refined products surge on slow recovery Exports of heavy fuel oil in October rose 143.7% over the same period to 53,682 b/d, while that of jet fuel soared 189.4% to 11,168 b/d.
INTERVIEW: Hydrogen is 'massive' market opportunity for BP "In a net-zero world, we can see clean hydrogen delivering about 16% or even more of the energy mix, which is about the same as natural gas in today's energy mix. So the opportunity is absolutely massive," Vice President for Hydrogen Market Development Sally Prickett said
Platts to launch China HVO and SAF prices based on UCO feedstock The growing refining capacity for advanced biofuels in China will make the region an important production hub in the future.
SINGAPORE DATA: Bitumen exports fall 13% on week to 45,549 mt Shipments to China and South Korea fell to zero over the same period. South China is typically a major buyer of Singapore's 60-70 penetration-grade bitumen, although as temperatures drop across the country, road-laying activity slows down, local traders said.
SINGAPORE DATA: Residue stocks rise 7% to 2.5 month high amid higher inflows The buildup in residue levels however, had little impact on the Singapore marine fuel 0.5% market.
Singapore ex-wharf MF 0.5%S bunker premium at 17-month high on tight availability A firming of the upstream Singapore marine fuel 0.5%S cargo market in the recent past has had a cascading effect on the downstream Singapore marine fuel 0.5%S bunker market, especially for product loading on an ex-wharf basis for December.
- 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
