Asian LNG importers are increasingly using flexibility in LNG contracts to manage supply security such as adjustment of offtake volumes during weak demand or due to uncertainty around alternative fuels and energy transition, executives at the Asia Pacific Petroleum...

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Classification society DNV and Navigation Brilliance (Brinav), have signed a memorandum of understanding (MOU) on autonomous collaboration. Under the terms of the MOU the two companies aim to fast-track the development and approval of autonomous and remote-controlled...

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China’s crude oil imports staged a rebound in August, rising to the highest in a year, but the increase is largely due to earlier lower prices rather than any recovery in consumption. The world’s biggest crude importer saw arrivals of 49.1 million metric tons in...

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Trade analysts are warning that new tariffs threatened by former President Donald Trump, which he doubled down on during Tuesday night’s presidential debate, will create inflationary pressures in the supply chain and ripple through the broader economy. Trump defended...

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Asia’s very low Sulphur fuel oil (VLSFO) showed signs of further easing on Thursday as backwardation narrowed at the prompt months, though high Sulphur fuel oil (HSFO) held on to its recent strength. Spot activity was thin for VLSFO amid scant offers, while bids also...

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The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Thursday, weighed down by losses in the capesize segment. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 36...

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