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Spot VLSFO rally pauses as more offers emerge
The recent rally in Asia’s very-low sulfur fuel oil (VLSFO) paused on Tuesday after more spot offers emerged, though premiums...
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China’s May coal imports from Australia recover to pre-ban levels
Australian coal sales to China increased in May, as trade resumed between them even as overall coal demand weakened against...
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MSC building shipping fleet suitable for multi-fuel future
MSC Group is building a fleet capable of running on multiple types of marine fuels in the shipping sector’s low-carbon...
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Baltic index gains on higher capesize rates
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher on Tuesday, buoyed...
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Search Underway for Commercial Submarine Missing Near Titanic
The U.S. Coast Guard is confirming that a search and rescue mission has been launched for a private tourist submarine...
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UN Adopts Landmark High Seas Conservation Treaty
After two decades of negotiation, the United Nations has finally adopted a marine biodiversity treaty for the high seas, the...
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Gasoil cash premiums extend rally for the ninth session on high demand
Asia’s 10ppm sulfur gasoil spot cash premiums (GO10-SIN-DIF) firmed for a ninth consecutive session on Monday as July buying interest...
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Should gas resource holders target LNG exports or blue ammonia?
As Europe moves away from Russian gas and Asia reduces its dependency on coal, demand and investment in liquefied natural...
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Iron ore dragged down by falling steel prices
Dalian and Singapore iron ore futures fell on Monday after last week’s gains, weighed down by softening steel prices due...
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First tanker loads after restart of Equinor’s Hammerfest LNG plant
A liquefied natural gas (LNG) tanker loaded cargo from Equinor’s EQNR.OL Hammerfest LNG plant in Arctic Norway at the weekend,...
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S.Korea’s shipyards get the OK from shipping companies to delay vessel delivery
South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a...
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Momentum grows for Clean Energy Marine Hubs with Global Centre for Maritime Decarbonisation joining the initiative
Momentum for the Clean Energy Marine Hubs (CEM Hubs) continues to grow with the Global Centre for Maritime Decarbonisation (GCMD)...
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The baltic index falls on lower capesize rates
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged lower on Monday, pressured...
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Sanctions stigma proves troubling for ship owners lightering Iranian crude off USGC
The Suez Rajan, carrying Iranian-grade crude oil, is currently at anchor off the US Gulf Coast after the US government...
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Greenpeace Blockades Tanker Shipment of Wastewater From Norway
On Sunday, four activists from Greenpeace Nordic briefly delayed a tanker carrying wastewater from the Norwegian oil industry to Denmark....
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China, South Korea Reach Deal to Curb China’s, Illegal-Fishing Fleet
China and South Korea have agreed to work together in curbing the longstanding problem of IUU (Illegal, Unreported, and Unregulated)...
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Archaeologists Plan to Raise Ancient Hand-Sewn Vessel off Croatia
Marine archaeologists are preparing to raise a hand-sewn boat dating back over 3,200 years from the bottom of the Mediterranean...
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China’s port throughput boosted by foreign trade growth
hopped on an elevator to reach his workstation 50 meters above the ground and started the day of “heavy lifting”....
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UAE’s Fujairah marine fuel sales hit four-month highs in May
Sales of marine fuel, also known as bunker fuel, hit four-month highs in May at the UAE’s Fujairah, recovering for...
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Supertanker rate roller coaster: Surprise spike to $91,000 per day
The supertanker business has a reputation for being one of the most volatile freight markets in the world. It’s living...
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