Asia Fuel Oil-VLSFO retains downside on ample supply pool

Asia’s Very Low Sulphur Fuel Oil (VLSFO) market softened on Monday amid expectations of ample supply in July, while firmer bidding from a couple of trade participants tapered off recently. The Singapore VLSFO cash premium traded lower to $4.50 a metric ton, while...
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Baltic index hits near 2-month high as capesize rates gain

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit its highest level in nearly two months on Monday as capesize vessels gained on robust demand. The overall index, which factors in rates for capesize, panamax...
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Asia spot prices buoyed by hot summer weather forecasts

Asia spot prices buoyed by hot summer weather forecasts
Asian spot Liquefied Natural Gas (LNG) prices held steady this week as forecasts of higher temperatures during the summer months in the northern hemisphere kept demand elevated for electricity used for cooling purposes. The average LNG price for August delivery into...
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Sustainability initiatives go global, Go Green

Sustainability initiatives go global, Go Green
APM Terminals colleagues from our locations in Ghana to Brazil, Georgia to India, and the Netherlands to the United States, to name but a few, participated in our annual group Go Green activities in June, promoting environmental awareness and action under the theme of...
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Is Lloyds Open Form on ‘life support’?

Is Lloyds Open Form on ‘life support’?
On 1st June 2024, Lloyd’s Salvage Branch published a rebranded Lloyds Open Form (LOF) 2024. In summary, the changes provide for a “fast track” resolution process, greater transparency with the publication of awards and a requirement for reporting on Environmental,...
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