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Asia Fuel Oil: Spot premiums extend slide, backwardation narrows

Spot premiums for fuel oil fell further on Monday, while market backwardation narrowed at the prompt months for both high sulphur fuel oil (HSFO) and very low sulphur fuel oil (VLSFO). Cargo trade remained broadly thin, while softer offers emerged in the spot market...

Shipping companies call for limits on biofuels in shipping

Shipping companies including the German shipping giant Hapag-Lloyd and a number of NGOs have called on the UN global shipping agency to exclude unsustainable biofuels from its list of green alternatives to traditional fossil fuels. The International Maritime...

UN Shipping Body Must Agree Ambitious New Action to Cut Climate-Heating Shipping Emissions

As this week’s crucial International Maritime Organization (IMO) meeting on the reduction of climate heating emissions from the shipping sector (Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships, ISWG-GHG 18) begins, the Clean...

Baltic index rises as all vessel segments log gains

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose on Monday, driven by increases across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax...

Twin Earthquakes Shake North India: 4.0 Magnitude Tremors Hit Delhi-NCR and Bihar

NEW DELHI: North India experienced two back-to-back earthquakes early Monday morning, first in Delhi-NCR at around 5:30 am, followed by another tremor in Bihar at 8:00 am. The tremors prompted residents of high-rise buildings in Delhi, Noida, Greater Noida, and...

Why Europe may pursue tighter integration in a fragmenting world

The idea of seamless movement of capital across Europe’s various economies and markets – a capital markets union, in shorthand – has been a long-held goal across the European Union. But it remains elusive. It has been touted by proponents as a key step towards greater...

Asia Fuel Oil: Spot premiums extend slide, backwardation narrows

Shipping companies call for limits on biofuels in shipping

UN Shipping Body Must Agree Ambitious New Action to Cut Climate-Heating Shipping Emissions

Baltic index rises as all vessel segments log gains

Twin Earthquakes Shake North India: 4.0 Magnitude Tremors Hit Delhi-NCR and Bihar

Why Europe may pursue tighter integration in a fragmenting world

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