News Flash | Sea and Job

Tankers: Argentina to Boost Ton-Mile Demand

Argentina is shaping up to be a major crude oil exporter by the end of the decade, thus boosting ton-mile demand for tankers. In its latest weekly report, shipbroker Gibson said that “Argentina has turned into one of the biggest growth stories in oil production...

Russia’s daily oil loadings from its western ports set to drop 8% in August, sources say

Russia’s daily oil exports from its western ports are set to be around 1.77 million barrels per day (bpd) in August, down from 1.93 million bpd in July’s plan, amid the expected rise in refinery runs, Reuters calculations based on data from two sources show. On a...

DNV: Ban on discharge of water from open loop EGCSS in coastal waters of the north-west Europe from 1 July 2027

The 16 OSPAR contracting parties have agreed to phase out discharge from EGCSs in coastal waters of the European north-east Atlantic. Restrictions on open loop discharge are to take effect from 1 July 2027, and closed loop discharge from 1 July 2029. Read more about...

CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions, sources say

Russia-backed Indian refiner Nayara Energy has named a new chief executive after its previous CEO resigned following European Union sanctions that targeted the company, four sources with knowledge of the matter said on Friday. The reshuffle at the top is the latest...

Japan copper smelters face tough talks with global miners over processing fee

Japanese copper smelters face tough mid-year negotiations with global miners over treatment and processing charges (TC/RCs) as they wouldn’t be able to accept the very low terms that Chinese smelters agreed with suppliers, the Japan Mining Industry Association’s head...

South Korea seeks to leverage Trump’s focus on shipbuilding in tariff talks

South Korea and the United States have been discussing a shipbuilding tie-up that could include investments to modernize U.S. shipyards and more help to repair the U.S. naval fleet as Seoul seeks better tariff terms, government and industry sources said. U.S....

Tankers: Argentina to Boost Ton-Mile Demand

Russia’s daily oil loadings from its western ports set to drop 8% in August, sources say

DNV: Ban on discharge of water from open loop EGCSS in coastal waters of the north-west Europe from 1 July 2027

CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions, sources say

Japan copper smelters face tough talks with global miners over processing fee

South Korea seeks to leverage Trump’s focus on shipbuilding in tariff talks

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