Global ocean freight logistics chain difficulties seen continuing
Govt makes import registration compulsory for some copper, aluminium items
Include exports sector in list of essential services, urges FIEO President
APSEZ seeing surging cargo volumes
Commissioning and commencement of operation of Mobile X-Ray Container Scanner (MXCS) at JNPCT Terminal; Procedure to be followed for containers selected for scanning at MXCS (Scan Mode-M1)
Air cargo trends worldwide may be slightly positive, but many regions struggle to recover, says analysis
Indian maritime sector to be strong, technologically advanced & 'Atmanirbhar': Mandaviya
Major efficiency improvement for the global air cargo program as freight forwarders get stronger voice
CTL Logistics India sees exponential growth in a short time
DB Schenker in India certified as a Great Place to Work
Indian Institute of Freight Forwarders inks MoU with International Maritime Business Academy
SpiceJet signs MoU for financing, acquisition & sale & lease back of up to 50 aircraft
Golden Ray: Cutting operation gets back in the groove The St. Simons Sound Response team reports that cutting operations to separate Section Seven of the wreck of the capsized car carrier Golden Ray resumed over the weekend. Divers successfully placed the
Ever Given Suez delays - who pays? Although the containership Ever Given was fortunately freed after less than a week of blocking the Suez Canal, BIMCO notes that the consequences for owners and operators due to the delays caused
Inmarsat lands Clearwater Seafood Fleet Xpress contract Clearwater Seafood, Canada's largest vessel-operating seafood company, has reached an agreement with mobile satcom leader Inmarsat that will see it install the Fleet Xpress combination of high speed Ka-band and continuous FleetBroadband
Vigor starts work on DDG 110 DSRA Vigor has begun work on the USS William P. Lawrence (DDG 110) that is expected to continue into early January 2022. The Arleigh Burke-class guided missile destroyer is docked at Pearl Harbor
Vard wins order for Dogger Bank SOV trio Norwegian headquartered Fincantieri Group company Vard has secured contracts for the design and construction of three hybrid Service Operation Vessels (SOVs) for Aberdeen, Scotland, based North Star Renewables. The trio will operate
CLIA calls for lifting of CDC Conditional Sailing Order While Norwegian Cruise Line Holdings said yesterday that it had informed the Centers for Disease Control (CDC) that it plans to resume sailing from U.S. ports on July 4, no similar announcements
Too early to assess Suez grounding pool hit, says International Group All 25 crew and master remain on board Ever Given assisting multiple investigations and inspections including flag state investigators from...
Kenya calls to redraw High Risk Area, complaining of high cost and dwindling Somali piracy Kenya wants its waters excluded from the Indian Ocean High Risk Area drawn up in response to Somali piracy in 2009...
China's coal imports expected to decline this year While thermal coal can be sourced from Indonesia and other regions, it is more difficult to replace coking coal imports...
Attica blames Covid for $136m revenue shortfall Greece's largest ferry operator says pandemic wrecked a 2020 that began promisingly, leading to a loss of about $59m for...
Crew rescued from listing Dutch cargoship Eemslift Hendrika off Norway A Dutch cargoship is in danger of sinking off Norway after it started listing and taking on water, prompting the...
Greece launches tender for Heraklion as port privatisation warms up Crete's main port goes up for sale shortlists of approved bidders are unveiled for northern Greek ports Alexandroupolis and Kavala
New dry bulk platform focuses on emissions The platform, which is looking to expand beyond its current two clients, aims to have 100 vessels in two years'...
Controlling Southern California's ship congestion is an 'orderly process' 'Our function is very much like an air traffic control tower to ensure safe, secure, efficient, reliable, and environmentally sound...
Neptune Maritime launches new leasing platform with backing from Latsis family Newly formed company is the creation of Harris Antoniou, formerly of Amsterdam Trade Bank, ABN Amro and AMCI, and is...
BW wins FSRU charter from the Philippines The designated FSRU for the time charter is touted as capable of sending out gas at a rate exceeding the...
Daily Briefing Free to read: Harris Antoniou returns to the industry with a new company | Seafarers' Covid-19 vaccination should have a...
Western Global Airlines' pilots join union Pilots at Western Global Airlines are unionizing.
MSC Ariane experiences unspecified 'engine issue' en route to LA Pearl service customers' imports likely will be delayed arriving from Asia.
South Carolina Ports breaks all-time container record "Our all-time container record reinforces that we are adding more capacity to the Port of Charleston at the right time," says South Carolina Ports CEO...
UK union threatens strike at Brent loading point Sullom Voe UK trade union Unite is to ballot its members on possible strike action in May at the Sullom Voe oil terminal in the Shetland Islands, loading point for the Brent crude oil blend, it said April 6.
KKR to buy 20% stake in Sempra unit that includes North American LNG portfolio Sempra Energy has agreed to sell a 20% stake in a new infrastructure unit that includes its North American LNG portfolio to private equity firm KKR for $3.37 billion in cash, the company said April 5.
Novorossiisk April ULSD exports to fall 1.5% on month to 390,000 mt Ultra low sulfur diesel exports from the Russian Black Sea port of Novorossiisk in April will be 6,000 mt (1.5%) lower month on month at 390,000 mt, according to a copy of the loading program seen by S&P Global Platts April 6.
EMEA middle distillates: Key market indicators this week European distillate demand looked relatively weak as coronavirus restrictions across Europe continue, while a rangebound contango curbed demand for storage.
Elba Liquefaction train offline since 2020 fire could resume service in Q4: Kinder Kinder Morgan may be able to restore service in the fourth quarter to one of the 10 units at its Elba Liquefaction facility in Georgia that has been offline for nearly a year following a fire, a spokeswoman said April 5.
EMEA light ends: Key market indicators this week Northwest European light ends markets were buoyed by strong export demand for gasoline with naphtha benefitting as a blendstock.
US crude stock draws likely extend amid expected increase in refinery runs US crude oil inventory draws likely extended in the week ended April 2 amid an expected uptick in refinery demand, an S&P Global Platts analysis showed April 5.
OIL FUTURES: Crude edges higher amid improved growth outlooks, US-Iran rapprochement Oil futures edged higher April 6 on the back of strengthened demand outlooks, but the rally slowed amid signs of rapprochement between Washington and Tehran.
Asian benzene-naphtha spread rises to month high on benzene export demand Asia's benzene-naphtha spread has widened to a month high of nearly $300/mt, due to the strength in the Asian benzene complex as a result of strong export demand for trans-Pacific shipment of Asian benzene to the US.
ARA jet/kerosene stocks slip 3.4% on week: Insights Global Jet fuel/kerosene inventories in the Amsterdam-Rotterdam-Antwerp trading hub dip 3.4% week on week to 890,000 mt in the week to March 31, Insights Global data showed late on April 1.
ICE Dubai crude futures trading volumes hit one-year high in March Total trading volume of Dubai crude futures forward curves on the Intercontinental Exchange surged in March as higher volatility brought about by the interplay of bullish and bearish developments increased the market's hedging needs.
RUSSIA DATA: March refining throughput falls 4.4% on year to 24.037 million mt Fuel oil production totaled 3.832 million mt in March, up 0.9% year on year and 7.1% higher than February.
Japan's oil products demand unlikely to hit pre-pandemic level by fiscal 2025-26: METI **Oil products demand to fall at average of 1.5% year to 2025-26 **2021-22 oil products demand to rebound 2.1% after pandemic hit
ARA fuel oil stocks up 5.2% on week to 1.805 mil mt: Insights Global Support for European 0.5%S marine fuel has faded in recent weeks, as the arbitrage east slows with regional sources highlighting rising supply against weaker downstream fundamentals.
Fujairah will add livestock imports from East Africa to oil, products trading **Fujairah better known for oil, products storage **Abu Dhabi exports crude through Fujairah
Low sulfur fuel oil cracks demonstrate weakness on increased Asian output **Low sulfur marine fuel cracks losing ground on oversupply **Refiners targeting continued spot activity in April
Seaspan getting more scrubber-fitted ships while also embracing LNG **Hi-5 spread to support scrubbers **Seaspan to also adopt LNG dual fuel engines for some containerships
Vitol eyes a decade of oil growth but warns on jet fuel recovery Company to pursue growth in bunkering and other sectors
Japan Apr marine fuel 0.5%S bunker prices seen weakening on slow demand, easing berth congestion **Tokyo Bay berth congestion eases as Eneos completes maintenance **Demand weakens after a price rise
Japan's MOL to spend $1.8 bil on decarbonization, low carbon over next 3 years MOL said it aims to revise its environmental vision in June, advancing its current target of achieving zero GHG emissions to 2050.
Fuel oil trader Eu Ming Lim joins Mercuria Singapore Eu Ming previously traded fuel oil at Trafigura, prior to which he traded fuel oil at Glencore since January 2013.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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