Singapore's MPA traces source of contaminated HSFO The Maritime and Port Authority of Singapore (MPA) says it has tracked down the source of the contaminated HSFO bunker fuel identified in March by leading marine fuel testing provider VPS. The
Australia puts large autonomous subs on fast track While the AUKUS plan for Australia to acquire nuclear powered submarines with help from the U.S. and the U.K. appears to be moving right along, the Royal Australian Navy could meantime be
"Ocean outlaws" hit with $3 million in fines U.S. District Court Judge Richard G. Andrews for the District of Delaware yesterday sentenced Athens-based Liquimar Tankers Management Services Inc. and Evridiki Navigation Inc. to a total $3 million in criminal fines,
Ukraine's minor ports adapt to wartime trade Seaborne trade out of Ukraine all but ground to a halt after the Russian invasion, but two ports bordering Romania...
Sovcomflot is counting on a rapid return to normal. Greek tanker owners should do so too While Greece, Cyprus and Malta seek to have EU sanctions on the lifting of Russian crude watered down, European solidarity...
Greener shipping: 'Ambitions without definite targets don't cut it' Shipping is making better than expected progress on green initiatives and the 5% zero-emission ships by 2030 target could be...
Germany charters four FSRUs to diversify from Russian gas Energy providers Uniper and RWE are chartering units on behalf of the German government with the first two units ready...
Sanctions scrutiny linked to mysterious tanker U-turn A tanker suspected of carrying Iranian crude oil performed an abrupt U-turn off Croatia this week only hours after pressure...
North's merger with Standard to bring 'significant' cuts in expense ratios Members told long-term savings through eliminating duplicated costs will make up three percentage points of the gain. There would also...
NYK signs long-term contract with EDF for fourth LNG carrier Vessel will have a membrane-type tank from French engineering company GTT, and propelled by a WinGD-made, dual-fuel slow-speed diesel engine
Grimaldi resumes chairmanship at Finnlines Grimaldi Group managing director has been running Finnlines since 2013, and took it private in 2016. He will now stand...
FMC increases reporting rules for carriers US regulator says move will allow it to gain an insight into pricing of individual trade lanes, and by containers...
The Lloyd's List Podcast: Why shipping is facing a compliance crisis Economic measures to cut Russia off from the world's financial arteries are the most extensive seen since the Second World...
Keppel Shipyard awarded contracts worth $180m 'We are seeing signs of fundamental improvement in the market,' said Keppel O&M managing director for conversions and repairs Chor...
Navios Partners orders four LR2s Two of the newbuildings have been taken for at least five years by an 'investment grade' charterer, which also has...
Daily Briefing Ceres Shipping venture plans for 60 new CO2 carriers | Contaminated fuel found in Singapore linked to UAE | Fredriksen...
ATSG to lease Airbus freighters to European cargo airline Air Transport Services Group seems to have immunized itself from air cargo volatility by leasing aircraft to e-commerce shippers and U.S. government personnel.
SONAR charts check temperature of Shanghai's ailing supply chain China's zero-COVID policy is a prescription for more inflation and supply chain "illness."
Atlas Air profits in Q1 from supply chain snarls, long-term contracts Atlas Air's cargo business is on a steep growth path this year and ongoing fleet investments indicate management's confidence in the future.
The world is 'crying out for diesel.' Product tankers could win big The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.
Calumet Specialty Products plans SAF production at Montana Renewables plant Calumet Specialty Products plans SAF production at Montana Renewables plant
Global markets maintain strength amid backwardation, competition for supply Global marine fuel 0.5% markets maintain strength amid backwardation
European energy crisis a 'stark reminder' of vital LNG role: GIIGNL current European energy crisis is a 'stark reminder' of the vital role of LNG:GIIGNL
Crude settles at five-week high on tight supply outlooks Crude oil futures settled at five-week high on tight supply outlooks
European VGO loadings at 316,800 mt across 6 ships in week to May 6 The VGO market continues to remain tight in Europe as Russian cargoes -- previously the dominant source in the market-- are now effectively off limits to most European buyers due to widespread self-sanctioning.
OIL FUTURES: Crude rises as OPEC+ production decision points towards continued tight supply OPEC+ agreed to raise its June production target by 432,000 barrels per day, after previously exculpating itself of responsibility for supply issues due to sanctions on Russian oil.
BUNKERWORLD INDEX: Bunker prices firm as EU's Russia oil ban supports oil complex *Bunker demand strengthening at Fujairah *EU embargo on Russian oil weighs on NWE Hi-5 *Panama supply tightening with Europe to attract cargoes
FEATURE: China's new bunker fuel export quota likely to keep LSFO prices on even keel Intense competition in downstream markets have sometimes led suppliers to offer aggressively, with prices almost at parity with the ex-wharf grade, in order to lure demand, local traders said.
ARA fuel oil stocks rise 12% on week at 1.083 million mt: Insights Global Despite the EU's announcement on May 4 it would introduce a ban on Russian imports to Europe, it is expected to have a limited short-term impact on fuel oil markets.
FACTBOX: European refiners grapple with feedstock woes as EU Russian oil ban looms According to S&P Global Commodity Insights, the proposal envisions phasing out EU crude imports of 2.3 million b/d within six months, excluding a possible extension for 200,000 b/d to Hungary and Slovakia.
Front month open interest for Singapore ICE HSFO East-West contracts jump in April The large increase comes as open interest in the 180 CST East-West contract surged more than fivefold
SINGAPORE DATA: Residual fuel stocks rise 7% on week, rebound from 7-month low as exports fall There were no exports to China, Hong Kong, Pakistan or the Philippines among the regular destinations for Singapore fuel oil in the week, while exports to Bangladesh fell 37.5% week on week to 48,038 mt.
China's second batch of LSFO export quotas for 2022 rises 8% on year: sources The new allocation brings the total fuel oil export quotas amount to 9.75 million mt as of May for this year, up 21.9% on the year. China had allocated 6.5 million mt in the first batch
Singapore urges additional bunker fuel testing on fuel quality concerns MPA's recommendations follow its investigation into bunker fuel quality in Singapore after reports that several ships were affected by tainted fuel containing high concentration of chlorinated organic compounds.
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