VIDEO: Ukraine takes out Russian Navy tug Within weeks of receiving Harpoon shore-based anti-ship missiles from Denmark, Ukraine appears to have been using them to good effect. Ukraine's defense forces tweeted today that the Russian Navy tug Spasatel Vasily
President signs Ocean Shipping Reform Act into law President Joe Biden yesterday signed the Ocean Shipping Reform Act of 2022 (OSRA) into law. As we reported when the measure was passed, the legislation expands the authority of the Federal Maritime
Sexual abuse and harassment 'systemic' on ships A cadet suing Maersk for failing to prevent her rape by a senior officer says sexual abuse and harassment is...
North halves underwriting deficit Club commends 'robust performance' across all businesses, singling out its hull and machinery line, and Sunderland Marine fixed premium product...
Between the lines: First-quarter carrier results show scale of cash windfall Lines' level of profitability is not driven by a volume growth, as apart from Zim, all other carriers that report...
Greek committee 'implores' Russia for good treatment of seafarers The conflict has severely disrupted some of the main seaborne commodities, including grain, coal, iron ore, fertilisers and oil
Argentina cuts wheat exports after drought hits harvest Argentina had hoped to help meet global wheat demand as volumes from Ukraine fall dramatically, but dry weather conditions mean...
Animal harm: What to do about livestock carriers Recurring major casualties with huge loss of livestock and human lives highlights the need for urgent regulatory action
Is Singapore losing its shine as bunkering hub? Strict regulatory frameworks, connectivity and being one-stop hub, are Singapore's key strengths as a bunkering port
How shipping thinks about decarbonisation must change The Lloyd's List Race to Zero webinar on June 30 will hear from industry experts that the answer lies to...
Logistics faces new reality after pandemic and war HHLA was particularly hard hit by the war in Ukraine, which closed one of its terminals. But the war and...
Ocean Shipping Reform Act is a victory of rhetoric over reality While US President Biden made big claims about the effect of the new shipping act, the reality of the legislation...
The Lloyd's List Podcast: Why does Biden want to punch shipping CEOs? US president claims to be 'viscerally angry' about the container linesthat he blames for inflation, soaring freight rates, supply chain...
Cosco Shipping president leaves for state investment firm The second-in-command post is now vacant at the world's largest shipowner, but it is believed that Beijing may repeat its...
Daily Briefing Fresh Iran sanctions linked to tanker dispute off Croatia | Recalibrating oil markets push clean tanker rates higher in Pacific...
Qatar Airways achieves strong cargo growth in fiscal year Qatar Airways posted record profit and strong cargo business for the fiscal year 2021-22.
Port Houston awards $429M in dredging contracts to widen channel Port Houston awarded $429 million to Weeks Marine and Curtin Maritime Corp. to dredge the Houston ship channel.
Retail slump? E-commerce sales still 'stunning,' clothing 'crazy hot' Retail sales are still up double digits compared to pre-COVID. Inventory-to-sales ratios have yet to fully recover.
Mexico's fuel demand hits new all-time high in late-April Mexico's fuel demand hit a new all-time high late April, Energy Secretariat, or SENER, data showed June 17
Chevron confirms date for US DOE meeting over refinery issues to ease gasoline prices
ULSD hits record highs for USGC, IPP prices as Latin America cargo demand surges
Russian oil exports up 12% in 2022 as demand persists: Novak Export disruptions have led to Russia's key crude grade Urals trading at massive discounts, but Novak said that futures prices show that the discount on Russian oil is already narrowing.
ANALYSIS: China's new oil product export quotas fail to quench Asia's burgeoning thirst Demand for transportation fuels has been picking up in Asia, outside of China, as higher vaccination rates and improved mobility push regional economies to open. However, global oil supplies are not keeping pace with recovering demand, warn analysts.
Russian oil refining could fall 10% on year in 2022, says Novak Platts Analytics forecasts a decline of 0.4 million b/d in Russian oil demand in the third quarter after falling by 0.1 million b/d in the second quarter.
New French floating LNG import terminal to be commissioned summer 2023: GRTgaz France's TotalEnergies said in March it was discussing with the French government a plan to deploy an FSRU at Le Havre to help support European gas supply security.
REFINERY NEWS ROUNDUP: A host of plants in Africa remain offline Diesel and gasoil flows to West Africa from the East of Suez have soared.
OIL FUTURES: Crude continues its fall after US Fed interest hike The middle distillate market remains strong, with stocks at critically low levels and crack swaps touching record highs.
European VGO loadings fall 48% in week to June 17 Following the announcement on June 3 of further EU sanctions, the week to June 17 saw a 17% fall in Russian loadings compared to the week before.
BUNKERWORLD INDEX: Supply shortages support on-week gains in bunker markets * Zhoushan bunkers increasingly attractive amid Shanghai tightness * Short HSFO supply at Hamburg * Limited supply, slow demand at Panama
Panama bunker fuel sales decline on month in May, high sulfur grade strengthens Sales totaled 421,272 mt last month, an 11.8%, or 56,629 mt, decline from April, but a 0.9% increase from May 2021, according to data from the Panama Maritime Authority published late June 15.
SINGAPORE DATA: Residual fuel stocks fall 5.7% on lower imports, firm bunker demand Market sources said Asia could become one of the key destinations for Russian fuel oil cargoes because of sanctions that prevent flows to the US and the EU.
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