Leading lights of the industry to be a part of SECC 2022 in Chennai
Shippers lost $5-10 bn due to delays
Container transhipment facility at Galathea Bay & regional waterway connectivity will be a game changer for future of Syama Prasad Mookerjee Port: Dr Sanjeev Ranjan
Freight rates ease a tad after government slashes excise duty on fuel
APM Terminals Pipavav commissions captive solar power plant
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MOL selected as 'Digital Transformation Stock (DX Stock) 2022'
AD Ports Group & UAE to host 2023 edition of IAPH World Ports Conference
RBI hikes repo rate; pegs GDP at 7.2 pc for FY23
Nitin Gadkari inaugurates/lays foundation stones of 15 National Highway projects in Bihar
Glosten selected to design new Red Sea research vessel Saudi Arabia's King Abdullah University of Science and Technology (KAUST) has selected Seattle-headquartered naval architecture firm Glosten to design a state-of-the-art oceanographic research vessel (RV). Replacing the existing RV Thuwal, the new
Senator Lisa Murkowski receives SCA Maritime Leadership Award The Shipbuilders Council of America (SCA) has presented U.S. Senator Lisa Murkowski (R-Alaska) with its Maritime Leadership Award. The award is given each year to national leaders or elected officials who demonstrate
European Parliament rejects carbon market report Based on precedent, shipowner bodies had expected the plenary vote would be a shoo-in. But in a move Brussels insiders...
MSC secondhand shopping spree nets over 200 vessels MSC has added 207 secondhand units since it started buying in 2020. The capacity of those alone would make it...
Greece prevaricates over Iran crude seizure as diplomatic storm erupts Dynacom-owned tanker Ice Energy is detained in Piraeus, with line's founder George Prokopiou claiming the detention is '100% political' and...
Politics, not economics, now driving shipping Shipping segments are doing well from the efficiencies caused by the situation in Ukraine and supply chain chaos, but political...
IMO's Lim calls for 'increased levels of ambition' on decarbonisation States have committed to a review of the Initial Strategy for adoption by MEPC 80 in July next year. Lim...
Maran Gas agrees two more LNG carriers with DSME Industry sources put price at close to $234m per vessel, beating 'record' said to have been established just last month
Uncertain demand overshadows container sector outlook While pandemic drove demand for containerised freight, a surge of supply coming into the market just as demand eases could...
Slow fleet growth bodes well for dry bulk as demand risks mount BIMCO says the ever-decreasing supply situation is supportive of dry bulk rates through this year, despite many risks to the...
Swiss-Danish partnership progresses vessel performance ABB Turbocharging, to be known as Accelleron, is working alongside Danish VDR and IoT infrastructure experts Danelec. They stress that...
Bestway extends bulker contract deadline for Vogemann Parties signed contracts for four 40,000 dwt dry bulk carriers. However, Bestway says it has only received initial payments for...
South Korean shipbuilders confirm orders worth $2bn The LNG tanker sextet is linked to QatarEnergy's North Field Expansion Project
Tankers shipping Venezuelan and Iranian crude switch to Russian trade Russian oil producers are using a ready-developed, sanctions-skirting template to ship oil as sales pivot to Asia from Europe following...
First VLGC loading LPG expected at new Malaysian terminal next month Port Klang's new liquid bulk terminal will be an important player in the region. It can bring in large quantity...
Capital Product adds four newbuildings from Marinakis empire Listed LNG carrier and containership owner is also seizing the moment to sell two older boxships for $130m
Daily Briefing Medvedev promises state cover for Russian tankers | IMO decarbonisation division deepens | Leading Greek shipowners denounce sanctions 'failure'
World Ocean Day brings shipping decarbonization top of mind The International Maritime Organization and a California congressman look for strategies to lower emissions on World Ocean Day.
Cathay Pacific uses boats to move cargo faster during Hong Kong's COVID lockdowns Companies ship by air because it's faster than other modes. So how does shipping by sea actually help Cathay Pacific move air cargo through Hong...
S&P Global to reflect WTI Midland in CIF Dated Brent from July 2022 deliveries Please send all comments to europe_crude@spglobal.com and pricegroup@spglobal.com.
S&P Global to include WTI Midland in Dated Brent, related assessments from June 2023 The company said it had received "widespread support" for the move.
Oil, gasoline prices to pare gains but remain high through 2022, 2023: EIA Already-high crude oil prices rose further as Shanghai and Beijing began easing COVID-19 restrictions end-May and the EU announced plans to cut its Russian oil imports by 90% by the year's end.
Mercuria CEO sees higher long-term oil prices despite growing recession risk Platts Analytics currently forecasts Dated Brent crude slipping to just below $100/b by the end of 2022 and averaging about $90/b in 2023.
Zhoushan June term ex-wharf bunker premiums climb amid lean inventories Majority of the ex-wharf term contracts for June supply was done at $40-$50/mt, Zhoushan-based traders said.
Glasgow Financial Alliance for Net Zero to set up Singapore office, boost Asian operations Executives at the Ecosperity 2022 conference in Singapore said that the selection of the city-state as the location for GFANZ Asian headquarters, and the appointment of the country top regulators as its officials, underscores Singapore push to lead Asia climate agenda.
Europe refiners struggling to maintain high runs despite strong margins Gasoline and diesel cracks have soared over $30/b and $60/b, respectively, while jet fuel cracks led the barrel at close to $70/b, over the past month, according to S&P Global data.
Cheaper options make Brazilian crude vanish from China independents' radar Brazil-Petrobras, which holds a 67.216% operating stake in the Tupi oil fields, continues to prioritize supplies for the domestic market over exports for its Tupi crude sales, trade sources told S&P Global.
INTERVIEW: IEA says high oil prices already damaging demand Transport fuels are set to feel the most pain from higher prices, with gasoline, jet and middle distillates making up 80% of the total oil demand impact, S&P Global estimates showed.
Hydrogen market evolution to mirror LNG market growth: InterContinental Energy Eastman said one of the benefits of green hydrogen in the long term is that the projects can predict what the price will be for the whole 20-year or 25-year offtake agreements.
Singapore marine fuel 0.5%S-380 CST HSFO spread widens to all-time high on weak HSFO In addition, a fuel oil trader said: "Refining margins are so good, refiners are maximizing their run rates. High sulfur fuel oil is coming out of the refineries."
Tight LSFO stocks push Hong Kong-delivered differentials to all-time high Supply tightness in Singapore has supported the FOB Singapore premium since the second half of May, which strengthened bunker premiums in Hong Kong.
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