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Canada eyes Asia for incremental LPG exports, race on to build new infrastructure

Canada eyes Asia for incremental LPG exports, race on to build new infrastructure
Canada has been behind the US in building new infrastructure for processing NGLs and exporting LPG to Asia. However, that scenario is changing rapidly with multiple projects underway along the Pacific Coast in British Columbia, which will position the nation as...
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Asia Fuel Market broadly stable though HSFO contango narrows

Asia Fuel Market broadly stable though HSFO contango narrows
Asia’s fuel oil market was largely steady on Tuesday as activity slowed, though the prompt-month contango for 380-cst high sulphur fuel oil (HSFO) narrowed. The market continued to keep a lookout on potential longer-term impact arising from geopolitical risks, after...
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Oil loading in Venezuela slows, more ships make U-turns after new US interceptions

Tanker loading in Venezuela dwindled, with most ships moving oil cargoes only between domestic ports following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack, according to tracking data and sources. The...
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Baltic Index Falls To Five-Month Low As Vessel Rates Decline Across The Board

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to an over five-month low on Tuesday, as rates across all vessel segments declined. The main index, which factors in rates for capesize, panamax...
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From Targets to Trade-Offs: Why 2026 Will Redefine Shipping’s Decarbonisation Path

From Targets to Trade-Offs: Why 2026 Will Redefine Shipping’s Decarbonisation Path
As 2025 draws to a close, the global shipping industry finds itself far from the clean-fuel sprint that many had anticipated. Despite ambitious decarbonisation targets, the year is ending with familiar challenges: unclear regulatory pathways, uneven enforcement and a...
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Asian oil floating storage seen declining on lower exports, China buying

The volume of oil stored on board ships in Asian waters, which has tripled since September to a three-year high, is poised to decline as producers of sanctioned oil slow exports and Chinese refiners ramp up buying, trade sources and analysts said. A surge of exports...
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