With the support of the European Commission and the 2026 Cyprus Presidency of the Council of the European Union, European Shipowners launch an EU-wide school competition inviting school children aged 9–12 to reflect creatively on the future of shipping. This...

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East Asian refiners, traditionally favoring light, sweet US crude from the Americas and lacking refinery setups for heavy, sour Venezuelan grades like Merey and Boscan, remain largely uninterested in Venezuela’s crude for now, but steep spot discounts may prompt...

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Asia’s fuel oil market structure pared back on Thursday after showing some temporary signs of strengthening recently, data from trade sources showed. The 380-cst high sulphur fuel oil (HSFO) prompt balance-January/February timespread slipped back into a contango after...

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Iron ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top consumer China following Beijing’s pledge of easing monetary policy this year. The most-traded May iron ore contract on China’s Dalian Commodity...

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Prompt timespreads for 380-cst high sulphur fuel oil (HSFO) have flipped into a backwardated market structure as of Wednesday, after holding in contango for months, trade sources said. Singapore’s 380-cst HSFO balance-January/February timespread was pegged in a...

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European ship operator Vega Reederai has revealed a significant reduction in time spent on reporting and administration tasks by up to 80 per cent following the adoption of leading maritime operation platform Kaiko Systems across its fleet. Following the sale of its...

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