Russia says West is ‘burying’ Black Sea grain deal

Russia says West is ‘burying’ Black Sea grain deal
Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” the Black Sea grain initiative that facilitates the export of Ukraine’s agricultural products from its southern ports, the RIA Novosti news agency reported. While remaining in...
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Singapore bunker premiums set for bumpy recovery in March

Singapore bunker premiums set for bumpy recovery in March
Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in Singapore, the world’s largest bunkering port, as refuelling demand from the shipping sector has recently waned, multiple trade sources said. A weaker Singapore bunker market...
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Global Clean Tanker trade from Russia climbs

Global Clean Tanker trade from Russia climbs
Ahead of the sanctions on Russian Clean products that came in to force on 5th February 2023, Russia to global Clean Tanker cargo miles continued to climb YoY. VesselsValue’s Trade data shows that Russia to global Clean Tanker cargo miles increased by c.26% YoY in...
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India is the Third Biggest Importer of Crude Oil

India is the Third Biggest Importer of Crude Oil
India is now the third biggest importer of crude oil, with a market share of 11% of global crude oil imports. In its latest weekly report, shipbroker Banchero Costa said that “2022 has turned out to be a very positive year for crude oil trade, despite the surging oil...
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