Digitalising container shipping vital, says new DCSA Chief Product Officer Henk Jan Gerzee
Construction of key corridor progressing at fast pace
Shipowners & seafarer unions strike new wage deal
DBGT accommodates longest container vessel at VOC Port
CONCOR introduces Metal Analyser Gun at ICD Khodiyar to facilitate Customs examination of imported metal scrap containers
New Unifeeder direct service from DP World connects India & Middle East to Africa
Sugar export seeing surge
Ministry asks states to import coal before monsoon
Last date for submission of online applications for allocation of Tariff Rate Quota (TRQ) under India-UAE CEPA first two quarters of FY 2022-23 (01 May 2022 to 30 Sept. 2022) has been extended till 31.05.2022
World's first hydrogen-fueled tugboat launched Demonstrating that fuel cells are not the only way to use hydrogen is a marine fuel, the world's first hydrogen-powered tugboat, the Hydrotug, was launched at the Navia, Spain, shipyard of Astilleros
Scandlines fits second ferry with rotor sail Norsepower has completed its second rotor sail installation for Scandlines, adding a 30 meter high rotor sail to the hybrid ferry, M/V Berlin in an operation that was completed within a few
Braemar benefits from 'strong' trading environment Current trading 'well ahead' of expectations set at the start of the new financial year
IMO in favour of carbon price to cut emissions Members of the IMO greenhouse gas working group agreed that a 'basket of measures' is needed to cut emissions
Euronav battle is clash of visions for the future of tankers Tanker recovery or decarbonisation play? You pays your money and you takes your choice
The Lloyd's List Podcast: The view from New York For this week's edition of the podcast our markets editor Michelle Wiese Bockmann has been out and about in shipping's...
FMC seeks to standardise supply chain data flows FMC preparing to report its findings on how data is shared through intermodal networks. Commissioner Carl Bentzel is seeking to...
Greece 2022: Posidonia is back as physical fairs win over digital events Greece's major maritime event, returning after a pandemic-induced gap, is used to reflecting global industry trends but also the strength...
Columbia plans tanker-focused service centre in Greece The centre is the company's biggest investment of time, effort and money, says chief executive
Singapore port to develop ship-to-shore drone operations The agreement will see both parties start joint studies on the feasibility and development of cargo drone deliveries
Greece 2022: First among equals - UGS president Melina Travlos Europe's decarbonisation agenda, coupled with the outbreak of war in Ukraine, on top of an already heavy workload have ensured...
Greece 2022: Bank finance for shipping stages a modest recovery With few financial failures, Greek shipping offers attractive opportunities for ship financiers and competition for clients is often intense
Japan seeks alternatives to replace Russian coal Many Japanese manufacturers depend heavily on certain Russian coal grades and will have to scramble for alternative sources of coal...
China Merchants sells VLCC as part of fleet renewal The company will take the delivery of four eco-friendly tankers soon, including three VLCCs and one aframax
Greek owners see EU carbon market approval as 'important step' Commercial operators should be accountable for costs of carbon allowances, says UGS president Melina Travlos
Daily Briefing DSME scraps LNG carrier order linked to Sovcomflot | China eases quarantine rules for seafarers | China's coronavirus policies vary...
Gimme shelter: Shipping stocks still rising amid Wall Street storm It has been a terrible year for the stock market, a great one (so far) for product tanker and dry bulk shipping stocks.
Return of United Airlines' 777s provides 'material' upside for cargo United Airlines is adding a significant amount of cargo capacity to its fleet with the return of 52 Boeing 777-200 large passenger jets out of...
South Korea's delivered 0.5%S bunker premium surges to all-time high on tight supply South Korea's delivered marine fuel 0.5%S premium to Singapore marine fuel 0.5%S cargo surged to $157.12/mt May 19, an all-time high since the launch of marine fuel 0.5%S bunker assessments in July 2019, S&P Global Commodity Insights data showed, due to supply tightness.
OIL FUTURES: Crude rally extends as supply risks overshadow global growth concerns Crude futures settled higher May 20 as near-term global supply risks overshadowed renewed selling pressure in equity markets and overall weakened economic sentiment.
CHINA DATA: China exports gasoline to Bangladesh for second straight month in April Bangladesh has been frequently importing gasoil from China over the past years but purchasing gasoline has been uncommon.
German mobility returns to pre-pandemic levels despite soaring pump prices Mobility in Germany, Europe's biggest oil market, averaged 0.5% below pre-coronavirus levels in the week to May 16, according to adjusted Google data, after returning to pre-pandemic levels for the first time on May 12.
Demand for LSSR sees premiums over 0.5% fuel oil sustained Premiums peaked on May 18, with LSSR FOB NWE cargoes assessed by Platts, part of S&P Global Commodity Insights, at a $13.50/mt premium to Marine Fuel 0.5% FOB Rotterdam Barges, with the premium narrowing again on May 19 to $11.25/mt.
SINGAPORE DATA: Residual fuel stocks hover near three-year low on weak imports The stocks increased from a three-year low of 17.46 million barrels the week before, the data showed.
REFINERY NEWS: Japan's Taiyo Oil shuts No.1 Kikuma CDU, RFCC for maintenance Taiyo Oil shut its 106,000 b/d No.1 crude distillation unit and its 32,000 b/d RFCC at its sole 138,000 b/d Kikuma refinery at Shikoku in western Japan May 20, a company spokesperson said.
China's crude imports from Russia set to rise further after April increase: sources Imports from Russia rose 6% from 1.51 million b/d in March, when it rebounded from a the nine-month-low of 1.42 million b/d in February, data from General Administration of Customs showed May 20.
OIL FUTURES: Crude steady as traders cautious over demand-supply dynamics On the supply side, all eyes remain on the EU, as the economic bloc continues to debate regarding the imposition of an embargo on Russian oil products.
ARA fuel oil stocks drop 1.26% on week at 1.022 million mt: Insights Global Fuel oil stocks in the region represented 21.5% of total refined oil product stocks in the region, which is higher than last wee's percentage share at 20.6%.
European VGO loadings crash 70% in week to May 20 The VGO market remains tight across Europe, with traders noting a lack of liquidity across markets.
BUNKERWORLD INDEX: Recession fears outweigh tight supply outlookn *Production downturn, refinery fire compound Singapore supply woes *NWE VLSFO tightens on lower tolerance for Russian-blended fuel *Americas see MGO spot pricing soar on availability problem
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