Clean The Middle East Gulf has been active this week with rates improving on all sizes. TC1 (75kt MEG/Japan) has had a weekly gain of six points to WS195.31 (a round-trip TCE of $52,300 per day). Meanwhile, the Western discharging TC20 recovered by $107,000 to...

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The carbon emissions from the Indian marine fisheries sector is much lower than the global level, an ICAR-Central Marine Fisheries Research Institute (CMFRI) research study said. Presenting the data at a review meeting of the fisheries component of the network...

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Ukraine and Romania have agreed to check the depth of canals off the Danube river which Kyiv uses to export agricultural goods to try to increase the flow of traffic, Ukraine’s restoration ministry said. The Danube is an important transport route for Ukraine as it...

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An industrial scale concept for a floating production unit to produce green ammonia has secured Approval in Principle (AiP) from DNV, affirming the technical feasibility of the design. The project is now ready to start the Basic Design phase. The so-called NH3 FPSO...

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Russia’s foreign minister Sergey Lavrov March 9 repeated his country’s grievances with the agreement that guarantees the safety of commercial ships taking agricultural commodities from Ukraine’s Black Sea ports. “We, the Russian Federation, have fulfilled all of our...

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Refining margins for very low sulphur fuel oil (VLSFO) in Asia posted a mild weekly gain despite heavy supply arrivals this month, data showed Friday. The front-month April margin for 0.5% VLSFO rose 5 cents from its previous session to $8.75 per barrel at the Asia...

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