U.S. coal exports from the Port of Baltimore rebounded at the end of May 2024, according to recently released data from the U.S. Census Bureau. Shipments from the port’s two coal-loading terminals had stopped for almost two months following the collapse of the Francis...
Saudi Arabia’s crude oil exports in August fell to their lowest level in a year, data from the Joint Organizations Data Initiative (JODI) showed on Thursday. The country’s oil exports stood at 5.671 million barrels per day (bpd) in August, their lowest level since...
The POSEIDON project is demonstrating the use of synthetic methanol (e-methanol) as a sustainable fuel for shipping. Mapping the POSEIDON’s value chain and stakeholders as first key project step The POSEIDON project is crucial for decarbonizing the shipping sector by...
NS United Kaiun Kaisha, Ltd. (NSU) and Vale International SA (Vale:) have reached an agreement to install rotor sails (H:35m x D:5m x 5 unites) manufactured by Anemoi Marine Technologies Ltd. (Anemoi) on 400,000dwt-type VLOC, NSU TUBARAO(the Ship), which has been...
Spot premiums for very low sulphur fuel oil (VLSFO) dropped further on Thursday, with lower-priced trades emerging, while onshore inventories at Singapore rose for a third consecutive week. Imports recovered week-on-week, latest data from Enterprise Singapore showed,...
Rates for shipping containers from east Asia and China to the US continue to face downward pressure after an early end to the peak pre-holiday shipping season, but backlogs at some East Coast ports following a 3-day strike could lead to short-term delays. Rates to the...