ABS issues advisory on creating and using metadata To support the growing development and adoption of smart, autonomous and remote-control functions in the marine and offshore industries, ABS has released an advisory providing best practices for creating and using metadata
Three more Ukraine grain export ships depart port News agency AFP reported today that three more bulkers had departed Ukraine carrying export cargoes of grain. The three ships were yesterday given the green light to leave Ukraine's Black Sea ports,
FHWA awards $172.2 million in FY 2022 ferry service funding The U.S. Department of Transportation's Federal Highway Administration today announced $172.2 million in Fiscal Year 2022 formula funding under the Bipartisan Infrastructure Law to 35 states and three territories to improve ferry
Cargo carries Lufthansa Group to 1st profit since pandemic Record results by the cargo division pulled Deutsche Lufthansa AG to profit in the second quarter for the first time since the COVID crisis began,...
SINGAPORE DATA: Residual fuel stocks dip 0.2% on week despite higher imports There have been no fuel oil imports from Russia since the week to July 20, according to the data.
BUNKERWORLD: 0.5% index tumbles to lowest since end-February Crude oil futures fell to a five-month low and hit pre-Ukraine war levels earlier this week as traders were worried that weakening macroeconomic signals across the globe could lead to demand destruction.
Zhoushan marine fuel 0.5%S ex-wharf premium at 10-week low on ample supply, weak demand The premium was last lower May 24 at $40.70/mt, S&P Global data showed
Shipping faces investment obstacles in low-carbon marine fuels Mojarro said the opportunity for transporting the fuels will facilitate investment in low-emission vessels. "Shipping is just one part of that" value chain for low-emission fuels, he said.
Fujairah delivered marine fuel 0.5% bunker premium surges to all-time high Loadings at terminals are still slowly trying to restart, a second bunker supplier said Aug. 5.
India latest cut in fuel export taxes may not spur higher oil product outflows: trade sources On Aug. 2, India raised the tax on locally produced crude to Rupees 17,750/mt (around $226/mt) from Rupees 17,000/mt.
REFINERY NEWS: South Korea SK Innovation to carry out works in Oct: sources The company said at the end of July the exact schedules for the maintenance had not been fixed.
Competition heats up for bunker sales among Asian ports amid weak demand While prices at China largest bunkering port declined, prices at other neighboring ports also started to weaken.
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