Ukraine, Russia, Turkey and the United Nations discussed on Thursday U.N. proposals to extend a deal allowing the safe Black Sea export of Ukraine grain, which Moscow has threatened to quit on May 18 over obstacles to its grain and fertilizer exports. The U.N. and...

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Euronav NV reported its non-audited financial results today for the first quarter ended 31 March 2023. Hugo De Stoop, CEO of Euronav said: “The counter seasonal strength recorded in Q1 underpins our view that strong and durable drivers are in place to continue a...

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Asia’s fuel oil market was little changed on Thursday, while residual fuel oil stocks at Singapore slid for a fifth consecutive week to six-month lows, with net imports nearly halving from the previous week. Bunkering demand at Singapore had also improved slightly in...

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Over Week 19, the global MABUX bunker indices showed a moderate upward correction. The 380 HSFO index increased by 2.78 USD, rising from 476.95 USD/MT in the previous week to 479.73 USD/MT, but it remained below the 500 USD mark. The VLSFO index also went up by 3.73...

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As the world’s leading supplier of marine coatings, Jotun partners with a broad range of stakeholders working to decarbonise shipping. But is the industry moving fast enough? Jotun’s President and CEO Morten Fon shares his views on how leadership, innovation and...

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