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Asia Fuel: Spot discounts narrow; market structure recovers

Asia’s spot market differentials for fuel oil inched higher on Friday, posting narrower discounts compared to the previous day, while market structure recovered after recent weakness. A trade emerged for 380-cst high sulphur fuel oil (HSFO), lifting the cash...
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Taylor Maritime Expects Increased Scrapping For Older Dry Bulk Carriers Despite IMO Net-Zero Framework Delay

Taylor Maritime Expects Increased Scrapping For Older Dry Bulk Carriers Despite IMO Net-Zero Framework Delay
Taylor Maritime Limited, the specialist dry bulk shipping company, today announces its unaudited financial and operating results for the quarter ended 30 September 2025. Commenting on the trading update Edward Buttery, Chief Executive Officer, said: “Further to our...
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Spoofing Tanker Reveals Russia’s Hidden Baltic LPG Exports

A Russia-bound LPG tanker sailing for the Baltic port of Ust-Luga spoofed its location for 10 days in the Gulf of Finland, concealing the loading of its cargo of propane or butane. The 22-year-old vessel was sold to a newly incorporated single-ship company in India in...
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Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say

Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say
Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export volumes and mounting sanctions pressure, industry sources told Reuters. U.S. President Donald Trump on Wednesday imposed further sanctions on...
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Baltic Index Headed For Weekly Loss On Declining Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Friday and was headed for a weekly loss, pressured by declining capesize vessel rates. The main index, which factors in rates for...
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Asia November diesel spot activity brisk; cash diffs at two year-high

Asia November diesel spot activity brisk; cash diffs at two year-high
Asia’s diesel markets were brimming with spot refiner sale activities for November as sellers cashed in on front-month market premiums, with timespreads extending gains and spot premiums. Spot selling interest from a handful of refiners for November resurfaced despite...
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