U.S. job growth accelerated in May, but a jump in the unemployment rate to a seven-month high of 3.7% suggested that labor market conditions were easing, which could give the Federal Reserve cover to forgo an interest rate hike this month. The increase in the...

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North America Bunker demand in Houston is said to have slowed this week after growing steadily in the recent weeks. Availability of VLSFO and LSMGO grades in Houston have improved this week. Some suppliers are able to deliver the grades with 4-5 days of lead time,...

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Kongsberg Maritime successfully completed a live trial of autonomous shipping technology in Bornem, Belgium, demonstrating the progress the company has made in fully autonomous systems. The test vessel, Zulu 4, an inland waterway barge owned by Blue Line Logistics NV,...

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Norway’s Telenor Maritime is at the forefront when it comes to global maritime communications, and has successfully pioneered a new way of providing digitalisation as a service on board vessels. Chief Executive Officer Lars Erik Lunøe and Chief Technology Innovation...

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U.S. exports of liquefied natural gas (LNG) fell in May to 7.66 million tonnes from a record 8.01 million tonnes in April as plant maintenance curbed some output and weaker prices in Europe cut flows to the region, shipping data showed. U.S. LNG exporters reduced...

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The Baltic exchange’s main sea freight index extended losses for the 16th straight session on Friday and were on track for its biggest weekly decline since early January. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels,...

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