Unions call for DP World freeport contracts to be revoked P&O Ferries owner DP World is operating two of the UK's freeports. But its industrial relations history indicates it is...
Jefferies' Giveans moves to Navigator Gas Randy Giveans said he was highly intrigued when he was approached by Navigator's chairman about the opportunity
Israel mystery spill was 'tank washing not terrorism', says IOPC head 'There is nothing that suggests terrorism ... It is clear that the damage was caused by a tanker. But we...
German supermarket giant planning own liner operation Lidl has registered Tailwind Shipping Lines as it looks to set up its own supply chain operation
Tankers mask Russian port calls as sanctions pressure rises After waiting for more than a week off Novorossiysk in ballast, three tankers set sail for Turkey signalling they are...
Shipping leaders value human element for industry transition Shipping must prepare its seafarers for the technological transformation. It also increasingly needs diverse skills on its path to change
Falling freight rates are seasonal, not structural Spot rates for container cargoes have fallen sharply since the beginning of the year. But this has more to do...
MISC chief expects 'victory' as green fuel pioneer Having regulatory clarity on carbon pricing and levies is a key element to create a level playing field that will...
Tanker sale and purchase activity rises on the back of improving values Sales transactions were reported across all tanker segments, with the aframax and medium range sectors providing the majority of purchases
Perfect timing for DAL sale to Hapag-Lloyd Deutsche Afrika-Linie has survived waves of consolidation in the container shipping trades but is now regarded as too small to...
Inchcape targets growth under new ownership New ownership allows Inchcape to pursue consolidation through complementary acquisitions to strengthen its port agency business as well as opportunities...
DCSA takes next steps with digital bills of lading Electronic bills of lading offer simplified booking processes and improve visibility. But their uptake remains low, with much room for...
Supply chains still face threats on several fronts While the direct impact of the war in Ukraine is minor, the secondary effects are trickling down on supply chains...
Miners team up with owners to set up green corridor for iron ore trades The consortium, led by the Global Maritime Forum and comprising BHP, Rio Tinto, Oldendorff and Star Bulk, will assess the feasibility...
Alternative financing remains available amid unpredictable economic climate The shipbroker-backed financial advisory firm is now raising capital for three regional offshore oil and gas companies which have total...
Maersk and partners to establish green methanol plant in Singapore Plans also include running bunkering trials on the fuel at a later stage in the Asian bunkering hub
Daily Briefing Fresh EU sanctions target Russian shipping | Russia war risk rates down sharply despite extension of listed areas | Owners...
Logistics firm taps Azerbaijan airline for Cincinnati cargo flights Crane Worldwide Logistics is tired of fighting for space on cargo jets, so it's leasing whole planes so it can meet customers' shipping needs.
Crude prices trade mixed on stronger dollar, bearish API data Crude oil futures mixed during midafternoon Asia trade April 6
US imposes tougher sanctions on Russia's top banks, bans all new US investment US imposes all blocking sanctions on Russia's top banks and banned all new US investment in the country
US gasoline stocks see counter-seasonal draw on strong demand, exports US gasoline stocks fell as strong demand and exports contributed to a counter-seasonal inventory draw
Crude falls 5% as IEA members join US in tapping strategic reserves Crude oil futures fall to three-week lows
UK to double 2030 hydrogen production capacity to 10 GW: reports S&P Global Commodity Insights Hydrogen Production Asset Database shows a total of 2.7 million mt/year of blue hydrogen production capacity announcements due to start in the UK by 2030, versus just 92,000 mt/year of green hydrogen projects announced.
VGO loadings from Russia's Tuapse crash to zero for April By comparison, 150,000 mt of VGO was set for export from Tuapse in March, and 120,000 mt in February, according to S&P Global data.
OIL FUTURES: Crude slides amid US inventory build, lack of new EU sanctions on Russia Nationwide US commercial crude stocks climbed 2.42 million barrels to 412.37 million barrels in the week to April 1, US Energy Information Administration data showed April 6.
EU measures on Russian gas imports needed 'sooner or later': Michel While the European Commission has signaled its intent for a sharp reduction in EU demand for Russian gas -- by as much as two-thirds by the end of the year -- contracted European buyers, mostly privately owned companies, have pledged to continue buying.
Americas clean tanker freight surpasses 2020 floating storage boom rates A shortage of local diesel supply in the Caribbean and South America amid heightened power generation demand, reduced refinery utilization rates and an increased call on diesel during the harvest season in Argentina and Brazil have prompted strong charterer inquiries.
JAPAN DATA: April 2 oil product stocks fall 2% on week to 49.27 mil barrels Middle distillate stocks dropped 6.1% week on week to 22.36 million barrels April 2
JAPAN DATA: March 27-April 2 oil products output hikes 11.3% on week Production of low sulfur fuel oil surged 79.7% week on week to 0.78 million barrels in the week ended April 2, while high sulfur fuel oil production hiked 20% week on week to 1.70 million barrels.
JAPAN DATA: March 27-April 2 oil product exports rise 11% to 4.03 mil barrels Low sulfur fuel oil exports plunged 47.6% week on week to 276,760 barrels in the week ended April 2.
Singapore HSFO bunkers quality issue perks up price amid strong demand Fuel quality issues have also slightly lessened stockpiles of the finished grade product, trimming prompt availability of HSFO bunkers in recent weeks, Singapore-based traders said.
FUJAIRAH DATA: Oil product stocks fall to 7-week low on record light distillates slump The total inventory stood at 15.971 million barrels as of April 4, down 10.7% from a week earlier and the lowest since the record low on Feb. 14, according to Fujairah Oil Industry Zone (FOIZ) data provided exclusively to S&P Global Commodity Insights on April 6.
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