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ENGINE: East of Suez Bunker Fuel Availability Outlook

HSFO and VLSFO availability is tight in Singapore. Recommended lead times for both grades are about 8-12 days. LSMGO is...
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Tanker market demand compels owners to rely on more frequent assessments of cargo pump systems

With experts predicting the tanker market will see strong growth for years, tanker owners are relying on a planned maintenance...
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Port Hedland Iron Ore Exports Down 5% in April

Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 57.7 million tonnes (Mt) for April 2023. This throughput...
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Asian seafarer hubs step up to meet decarbonization challenge

The steady progress by key seafarer home nations in Asia, such as the Philippines and Indonesia, to equip their maritime...
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South Indian ports fail to attract transshipment business from Colombo

The year long economic crisis in Sri Lanka and consequent reduction in business in Colombo port has not helped the...
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Progress made in US west coast dockworker discussions

The International Longshore and Warehouse Union announced 20April that it reached a tentative agreement with employers at the Pacific Maritime Association...
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Chinese state-owned firm to build major Sri Lanka port complex

A Chinese state-owned firm said on Monday 1 May  it plans to take its investment in Sri Lanka to $2 billion by building...
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Govt gets 9 EoIs for intl transhipment port in Andamans & Nicobar

The ports ministry has received expressions of interest (EOIs) from nine players for the Rs 41,000 crore international transhipment port...
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India still a bright spot for LNG in a subdued market

The recent drop in the Platts West India marker to a near two-year low, expectations of a ramp-up in operations...
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Metallurgical coal’s gradual change of guard in spot market influence

Shifts in the way a commodity is priced often result from major economic and world events and coking coal is...
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RINA exceeds 660 million in revenue and presents the strategic plan to 2027

The shareholders’ meeting of RINA, the multinational inspection, certification and engineering consultancy, approved the financial statement for the fiscal year...
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Spot premiums stable; latest Al Zour tender underway

Spot cash premiums in Asia’s fuel oil market were stable on Monday amid thin trade, while Kuwait’s Al Zour issued...
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Russia’s April seaborne oil product exports down 5% m/m -sources, Reuters calculations

Russia’s seaborne oil product exports fell in April by 5% month-on-month on a daily basis, data from industry sources and...
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Singapore April bunker sales hit three-month high on better prices

Sales of marine fuel, also known as bunker fuel, hit three-month highs in the world’s biggest refuelling hub Singapore in...
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US Unlikely To Sanction South Africa In Russia Weapons Dispute

South African Finance Minister Enoch Godongwana said his country had resolved a dispute with the U.S. over allegations that Pretoria supplied...
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Korea Commissions LNG Bunker Vessel with Domestic Containment System

South Korea christened its new domestically designed and built liquified natural gas bunker vessel this week. The ship marks a...
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Asian spot LNG prices fall for third straight week to near 2-yr low

Asian spot liquefied natural gas (LNG) prices fell for the third straight week on Friday to the lowest level in...
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DIS Recorded Very Strong Consolidated Results In The First Quarter of 2023, With Net Profit Of Us$ 54.1m, Ebitda Of US$ 76.4m

The Board of Directors of d’Amico International Shipping S.A. (Borsa Italiana: “DIS”) (hereinafter: “the Company”, “d’Amico International Shipping” or the...
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IMO: Preparing for future emerging global health threats

IMO is participating in global efforts led by the World Health Organization (WHO) to better prepare for possible future disease...
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HMM joins takeover bid to buy Hyundai LNG Shipping

HMM, South Korea’s largest LNG shipping firm, will join a bid to acquire a 100 percent stake in Hyundai LNG...
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