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Asia Distillates-Thin spot activity prevails; January negotiations awaited
Asia’s middle distillates markets remained thinly discussed on the spot front as January negotiations were yet to go into full...
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Iron ore set for weekly loss as Chinese steelmakers’ holiday restocking ebbs
Iron ore futures prices slid and headedfor a weekly loss on Friday, as the wave of restocking for seaborne cargoes...
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US diesel exports to ARA set to rise on scarce European supply, firm US production
Diesel shipments from the U.S. Gulf Coast to Europe’s main trading and refining hub, the Amsterdam-Rotterdam-Antwerp (ARA) region, are set...
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Scope of hydrogen and CO2 for the Delta Rhine Corridor underlines the urgency of making the industry sustainable
Yesterday, the government minister informed the Cabinet that the decision has been taken to prioritise the modalities of hydrogen and...
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SHIPPING: Port automation a key sticking point in union, USEC ports negotiations ahead of 15 Jan deadline
The 15 January deadline for finalizing a new labor agreement between unionized dock workers at US Gulf and East Coast...
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Wallenius Marine tests groundbreaking ship design for the world’s first wind-powered PCTC vessel
Wallenius Marine is conducting advanced wind tunnel tests aimed at realising the world’s first wind-powered PCTC (Pure Car and Truck...
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Asia Fuel Oil-HSFO extends slide; hi-five recovers week-on-week
Spot premiums for high sulphur fuel oil (HSFO) extended further declines on Friday, while the hi-five spread showed some rebound...
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USGC crude exports ending the year on a high
US Gulf Coast crude exports have increased for three consecutive months now with flows directed towards Asia driving the increases....
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India-West Africa container freight rates rise amid strong flow of rice volumes
Container freight rates from the Indian subcontinent to West Africa have risen amid the movement of rice in large volumes...
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Baltic index snaps 7-session losing streak as larger vessel rates rise
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a seven-session...
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MOL Switch to Invest in Heirloom, a U.S. DAC Technology Developer- Contributing to Spread and Expansion of Negative Emissions
Mitsui O.S.K. Lines, Ltd. yesterday announced that its wholly owned subsidiary MOL Switch LLC (Representative & CEO: Tomoaki Ichida; Headquarters:...
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Asia Fuel Oil-VLSFO trades in discount for spot December parcel
Asia’s spot market for very low sulphur fuel oil (VLSFO) traded in discounts on Thursday for December loading dates, with...
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Panama Takes The Lead In Global Discussions On The Fair Treatment Of Seafarers
Reaffirming its dedication to upholding the labor and human rights of seafarers, Panama assumed the role of Vice Chair and...
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Stephenson Harwood advises Attica Bank on its first shipping sustainability linked financing for Stem Shipping
Law firm Stephenson Harwood LLP has advised Attica Bank S.A. on its first shipping sustainability linked financing for Stem Shipping...
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Mediterranean and Black Sea countries align on shared vision for sustainable aquaculture in the Mediterranean and the Black Sea
Representatives from over 30 countries gathered in Heraklion, Greece, for the largest regional aquaculture conference in the region. Titled “Shaping...
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MABUX: Bunker Prices to Remain Volatile Next Week
Over Week 49, the MABUX global bunker indices exhibited no clear trend, showing sideways changes. The 380 HSFO index increased...
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Ship broker Clarkson looks to acquire Norway’s Platou for 281 million pounds
Top ship broker Clarkson is seeking to acquire Norwegian brokerage and investment bank RS Platou for 281.2 million pounds ($441...
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Dynamis Capital Strikes Deal with Oaktree Capital For Ship Financing Portfolio
Dynamis Capital PTE Ltd. has recently completed the acquisition of several ship financing transactions from Fleetscape Capital Ltd. (“Fleetscape”), a...
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The LNG pathway is only ‘two minutes into the hour’ of our journey to net zero, says SEA-LNG
Industry coalition SEA-LNG notes that while the approximately 2,200 LNG-fuelled vessels and LNG carriers represent only ‘two minutes into the...
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Baltic index extends losses on weaker capesize rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday,...
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