CLIA calls new CDC cruise warning "perplexing" The Centers for Disease Control and Prevention has raised its COVID-19 Travel Health Notice level for cruising from Level 3 to Level 4, the highest level. The CDC says this reflects increases a
Yangtze River pilot lockdown intensifies China port congestion At least 200 pilots at Nanjing and Jiangyin stations have been quarantined by Chinese authorities after two tested positive for...
Los Angeles could impose penalty fee for lingering empty containers Proposed new fee policy would see ocean carriers charged $100 a day for an empty container not moved within nine...
Cathay Pacific suspends cargo flights as Hong Kong tightens COVID rules Cathay Pacific is running out of pilots for its freighter operations because of stricter quarantine measures.
US LNG export terminal utilization falls from recent high, though still robust Outbound traffic at Cheniere Energy's Sabine Pass export terminal in southwestern Louisiana was expected to resume once the fog lifts, according to a notice to shippers.
REFINERY NEWS: Pakistan Refinery to resume production Jan 1 Pakistan Refinery Limited will resume production from Jan. 1, 2022 after state-run companies and private electricity producers started buying fuel oil stock.
OIL FUTURES: Crude rally pauses; rangebound market seen amid stockbuilds There have been a number of bullish factors in the market but these could be overstated.
EUROPEAN VGO: Highest weekly loading volume for 6 months Feedstock traders had highlighted the prospect of increased VGO demand in January as US Gulf Coast refineries are expected to come back from maintenance in January.
OPEC+ hopes omicron-resistant oil market can absorb another output hike The resilient market, which appears to be shrugging off concerns over the omicron variant, has delegates saying the OPEC+ alliance is likely to approve another 400,000 b/d increase in output quotas for February when ministers meet again Jan. 4.
SINGAPORE DATA: Bitumen exports dip 4% as China, Malaysia outflows fall Exports to Malaysia dropped 33% to 14,456 mt, mostly to Tanjung Langsat and Port Klang, according to Kpler data.
UAE's Fujairah to move ahead with ADNOC's crude caverns in 2022 A Dirham 1 billion ($272 million) dry bulk export facility to ship from Fujairah's Dibba is set to open later in 2022, possibly providing a boost to bunkering activities, while LNG bunkering may also be introduced, Martijn Heijboer, Port of Fujairah business development manager told S&P Global Platts.
SINGAPORE DATA: Residue stocks at three-month low as fuel oil imports fall 37% The stock levels are in line with expectations of a sharp drawdown in levels, which has led to tightening supply in the market, despite an anticipated uptick in incoming low sulfur fuel oil arbitrage volumes to Singapore in January, according to traders.
Hong Kong's Jan ex-wharf marine fuel 0.5%S premiums higher on month The suppliers attributed the increase to higher FOB Singapore marine fuel 0.5%S cargo values
CONTAINER PREMIUMS: USWC pricing overtakes USEC as congestion remains Premium rates have rebounded from lows seen in the late November and early December time period, as shippers have transitioned to Lunar New Year frontloading in a bid to avoid severe capacity constraints that are anticipated in the coming weeks.
BUNKERWORLD INDEX: Bunker prices rise amid firming crude, pockets of tightness *Tight VLSFO at Zhoushan *Rotterdam demand low, availability sufficient *Limited availability at Balboa
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