Gateway Distriparks announces relisting as a new merged entity
CONquest 2022 - Business Forum & Northern India Multimodal Logistics Awards to be a gathering of sectoral leaders & prominent players in New Delhi this Friday
VOCPA & DBGT accommodate longest container vessel at VOC Port
Revamped "Tax Payer Service Centre" at JNCH, Mumbai Customs Zone - II
New recommendation calls for inclusion of multi systems for proof of origin in FTAs
India business activity at record high: Nomura
Indian air cargo sector will continue growing: Scindia
GMR Hyderabad Air Cargo inaugurates facility to handle international courier & express cargo consignments
American Airlines Cargo offers dedicated suite of Life Sciences & Healthcare cargo products, expands CEIV certification
Emirates SkyCargo reverts to dual hub cargo operations in Dubai this week
Maritime industry pays average $3 m ransom in cyber attacks
Global supply chains seen further strained due to Chinese lockdown
Maize exports rise six times between 2016-17 & 2020-21
New dredge underway at Eastern Shipbuilding for Weeks Marine Eastern Shipbuilding Group is busy with the construction of the training suction hopper dredge R.B. Weeks (ESG Hull 258), following the December 2017 delivery of its sister ship, the dredge Magdalen (ESG
Savannah Pilots take delivery of new pilot boat Earlier this month, Snow & Company of Seattle, Wash., handed off Savannah, the first of two new 64-foot aluminum pilot boats to the Savannah Pilots Association. Designed by Camarc Design of the
Coast Guard responds to Alaska tug grounding The Coast Guard, Alaska Department of Environmental Conservation (ADEC), and Western Towboat have established a unified command in response to a tug grounding in Alaska's Neva Strait, with a subsequent spill of
Crowley manages first vessel acquisition under MARAD contract Crowley reports that it has has successfully managed the acquisition of the M/V Honor. This is Crowley's first vessel acquisition under the multi-year, $638 million Vessel Acquisition Management (VAM) contract it was
Hull and fixed premium offerings 'taking clubs beyond P&I' 'It is important for us to have diversity going forward, no doubt about it, and it will enable us to...
Sub-capesize segments strengthen amid further trade disruption Australia-sourced commodities send to Russia have been climbing in recent years, with at least 50 bulkers, mostly handysize and supramax...
Sanctions-busting suspect VLCC runs aground in China A rupture of the petroleum loading arm during the incident has caused oil to leak, although it is unsure whether...
Drones will help measure methane leaks from shipping A two-year research project aims to measure fugitive methane emissions from ships using in-stack monitoring, drones and helicopters
London 'losing ground' as leading marine insurance centre 'There are some things that London needs to grapple with and get a hold of,' says IUMI president Richard Turner
Shenzhen container shipping services remain under pressure Maersk has announced more sailing cancellations at the southern Chinese port near Hong Kong. Shenzhen Container Transportation Association has called...
US expands audit of ocean carriers' export policies US Senate also will take a key step to begin negotiations with the House of Representatives on the Ocean Shipping Reform...
Daily Briefing UK's shipping heritage put at risk by 'vulgar' mass sackings | Replacing ageing fleet seen as critical to P&O Ferries'...
Cosco orders electric ships for containerised battery project Cosco's box manufacturing arm aims to expand the production of marine battery containers, and establish a battery charging and replacement...
CP to resume operations after railroad, Teamsters agree to binding arbitration Canadian Pacific Railway and the Teamsters union agreed to settle a labor dispute through binding arbitration, averting a supply chain crisis.
Canadian Pacific Railway labor strike ends after two days Strike came amid global supply chain disruptions from the ongoing pandemic.
Petroperú awards 100,000 barrel fuel oil tender to Glencore Fuel oil No. 6 is used for the generation of electric power, space heating, ship bunkering and various other industrial uses.
DES Northwest Europe LNG price premium versus Mediterranean widens amid Spanish oversupply Demand there has been soft due to mild temperatures and high wind generation, traders said.
Crude prices slide as market eyes reduced Russian supply disruptions NYMEX April WTI falls 36 cents to $111.76/b; ICE May Brent dips 14 cents lower to $115.48/b.
REFINERY NEWS ROUNDUP: Potential closures in Africa on new sulfur rules Some of the refineries on the continent, including Ghana's Tema, still need to upgrade to produce 50 ppm max gasoil. Meanwhile two of the refineries in South Africa -- Engen and Sapref, have upgraded to produce max 50 ppm gasoil but will need additional investment to produce 10 ppm diesel and have opted to close instead.
Immediate EU ban on Russian oil imports would be 'nuts': former US energy official Europe is particularly dependent on Russian oil and was importing about 2.7 million b/d of crude and another 1.5 million b/d products, mostly diesel, before the invasion of Ukraine.
OIL FUTURES: Crude loses gains as EU continues to mull Russian oil sanctions EU leaders are meeting in Brussels this week to discuss sanctions, but EU foreign policy chief Josep Borrell said further sanctions against Russia would probably not be approved.
European weekly fuel oil exports to Asia rebound: Kpler Russian fuel oil exports to Asia are expected to total 270,000 mt, accounting for the majority of European product arriving in Asia in the week starting March 21. The week prior Russian fuel oil exports to Asia totaled 112,000 mt.
Gunvor CEO plays down concerns over shortfall of Russian oil exports Industry avoidance of Russian oil exports could force up to to 3 million b/d of supply off the crude and products markets in coming months but the market has yet to see significant shortages of Russian oil, the head of commodity trading house Gunvor said March 22.
Russian oil avoidance threatens diesel shortages in Europe and Africa: Trafigura CEO Sanction fears and pressure on Western companies to distance themselves from Russia over its war in Ukraine have already seen a loss of some 1 million b/d of crude and more than 1 million b/d oil products, mostly diesel, from Russia, Jeremy Weir said March 22.
AMERICAS BUNKERS: Key market indicators March 21-25 In Argentina, the harvest season helped to keep up strong bunker demand, although bunker prices fell last week by 1.9%.
Platts to amend Worldscale basket rates for clean, dirty tanker routes from April 1 Following a Worldscale Association update on the introduction of new marine terminal assistance fees at Ras Tanura port, S&P Global Platts will amend the Worldscale flat rate baskets for several routes from April 1, 2022.
Low-priced Russian Urals crude cargoes attract Chinese buyers for June deliveries China is likely to import about 3.52 million barrels of Urals in March, which were loaded in January and all taken by Sinopec, Kpler data showed.
Singapore ex-wharf 380 CST HSFO March premiums rise on leaner inventories Traders attributed the strengthening ex-wharf grade premiums to the sentiment of leaner cargo availability in April, even as upstream HSFO stockpiles were balanced against downstream demand for the delivered grade.
Japan bunker fuel supply tightens further as earthquake affects refinery production Prior to the earthquake, supply was already crimped as the country's two largest refiners ENEOS and Idemitsu had stopped accepting fresh nominations for March due to low inventories.
Singapore March ex-wharf LSFO bunker premiums rises amid limited stockpiles Less-than-ample inventories of low sulfur fuel oil cargoes amid lower inflows of arbitrage cargos over the recent months have lifted ex-wharf premiums, according to market sources.
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