MAIB reports on fatal mooring deck incident The U.K. Marine Accident Investigation Branch (MAIB) has published its report on an August 30, 2021 incident in which the chief officer of a general cargo ship, managed by V.Ships Ship Management
BOEM takes regional approach to New York Bight environmental review The Bureau of Ocean Energy Management (BOEM) will conduct a regional environmental review of the six New York Bight offshore lease areas offshore New York and New Jersey. Leases for these six
Russia's commercial departures creep up as war drags on Outbound sailings of bulk carriers and general cargo ships from Russia are approaching the levels seen before the situation in...
Colombo and Hambantota: A tale of two ports Many will remember the third world debt crisis of the 1980s and 1990s. We hope that what faces Sri Lanka...
Human rights must be upheld on land and at sea alike The historic cycle of international conflict is again knocking at our door across the world's shipping routes and within coastal...
Container spot freight rates continue downward trend Spot rates normally head upwards at the start of the peak season as demand increases. But high inflation is taking...
Green fuel progress depends on getting cargo owners to pay Shipping's transition to zero carbon is being hindered by a reluctance on the part of cargo owners and charterers to...
CSSC yards' finances hurt by pandemic and high costs Impact of resurgence in positive coronavirus cases cited as one of the reasons for losses
Antong Holdings forecasts strong half-year earnings Improved domestic shipping services are contributing to growth
Port digitalisation progressing, but challenges remain Integrating new technologies with existing systems can be a major hurdle
Wärtsilä ends engine manufacturing at Italian plant, putting 450 jobs at risk Wärtsilä plans to centralise four-stroke engine manufacturing in Finland, resulting in 450 redundancies at its Italian facility in Trieste
The Lloyd's List Podcast: Fire, fraud and murder on the high seas Shipping's darker episodes often read like true crime, but the case of the Brilliante Virtusoso raises important questions about the...
China Merchants takes $5.2m hit on vessel due to tainted bunker As a precautionary measure, the company now requires a test to show what chemicals are present in fuel before any...
EU looks to Atlantic Basin to replace banned Russian coal supplies With EU members banning the import of Russian coal and other solid fossil fuels from next month, a scramble is...
Daily Briefing Ship scrapping activity sees sharp drop | Ukraine grain corridor talks edge closer to shipping deal | Sri Lanka ports...
Container shipping rates still falling: What will be the new normal? Container shipping spot rates continue to ease but are still many times higher than they were pre-pandemic.
YM Tutorial embarking on maiden voyage to Port of LA Yang Ming's newest 11,000-TEU container ship will call the Port of Los Angeles on its maiden voyage.
Viewpoint: Rail service from LA/Long Beach ports moving at speed of sloth The buildup of vessels anchored off East and West Coast ports translates to around $30 billion, according to MDS Transmodal.
TT Club publishes 'Book it right and pack it tight' Insurance and risk management firm TT Club says "Book it right and pack it tight" provides guidance for preparing unitized consignments of dangerous goods for...
Manchin's inflation concerns create fresh threat to climate push in US Congress
Magellan extends open season for Texas refined products pipeline network expansion
Biden hints at higher oil supply from US, OPEC+ after meeting Saudi leaders
Crude ends week higher amid US economic optimism, global supply risks Crude oil futures settled higher July 15, as recession fears eased after a fresh round of US data painted a still-robust picture of the economy.
ARA fuel oil stocks drop 1.5% on week amid tight availability of VLSFO This is the fourth consecutive week stocks have declined.
SINGAPORE DATA: Bitumen exports rise 17% on week to 60,805 mt The main export destination was China at 16,551 mt, up 41.1% on the week, followed by Vietnam at 16,446 mt, up 60.3% during the same period, according to the data.
OIL FUTURES: Brent over $100/b mark again after week of sharp falls Despite the slight increase in prices, the sentiment continued to be weak in the crude markets after a week of sharp falls on both the Brent and WTI crude contracts.
BUNKERWORLD: Bearish macroeconomics set tone across bunker markets *Limited VLSFO availability at Singapore *Rising HSFO supply, slow demand at ARA *Tight supply of HSFO on USGC
European VGO loadings up 298% in the week to July 15 Improved availability of both Russian and non-Russian VGO was noted by market participants in the week to July 15, as higher natural gas prices saw refiners look to sell their VGO to the market.
CHINA DATA: H1 crude runs slip 6% as lockdown erodes GDP growth, fuel demand In June, China's crude throughput rose to 54.94 million mt, a growth of 1.9% from May, when it had rebounded by 4.1% from the 35-month low of 51.81 million mt in April, NBS data showed. But on a year-on-year basis, June throughput represented a 9.7% fall.
South Korea's KDHC seeks 30,000 mt LSFO for August-September KDHC typically buys 30,000 mt/month of LSFO over November to February to meet winter demand. It starts building LSFO stocks in the third quarter, a fuel oil trader said.
ITALY DATA: June oil product demand gains 3% on year: UNEM Bunker fuel demand jumped 12% in the month of June compared to 305,000 mt in the same month last year.
REFINERY NEWS ROUNDUP: China's runs rise in June, fall in H1 In June alone, China's crude throughput rose to 54.94 million mt, up 1.9% from May, when it had rebounded by 4.1% from the 35-month low of 51.81 million mt in April.
Global turbulence slows expansion of China's compliance, voluntary carbon markets So far, Beijing has delayed the announcement of several key policies in both the compliance and voluntary carbon markets, such as the enrollment of new industrial sectors into the national carbon market and the relaunch of the domestic China Certified Emission Reductions, or CCERs, mechanism.
SINGAPORE DATA: Residual fuel stocks fall 2.7% to 20.8 mil barrels in week to July 13 The stocks have been relatively steady since the week ended May 25 and have been in the range of 20.194-21.422 million barrels, according to the data.
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