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Middle East share of India’s Nov oil imports at 9-mth high; Russia down

India’s November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its smallest share in three quarters, ship tracking data obtained from sources showed. Refiners in India have been gorging on cheaper Russian oil despite problems...

Trump says US could retake Panama Canal as he rails against ‘rip-off’ shipping fees

US President-elect Donald Trump has suggested that his new administration could try to regain control of the Panama Canal that Washington “foolishly” ceded to its Central American ally. Speaking at his first post-election rally in Arizona, Trump complained that canal...

For Indian oil products exporters, Europe offers an opportunity like no other

Europe is increasingly turning out to be the brightest market for Indian oil products exporters that have capitalized on the shortages of diesel and other fuels due to geopolitical tensions and are shipping plentiful cargoes, a trend that is set to spill over to next...

ACD urges union, US Gulf, East Coast ports to delay deadline for contract agreement

With the 15 January target date for a new master agreement between union dock workers and US Gulf and East Coast ports rapidly approaching, the Alliance for Chemical Distribution (ACD) is urging both sides to push back the deadline. Negotiations between the...

U.S. crude exports to Europe expected to fall in Jan as shipping economics weaken

U.S. crude oil exports to northwest Europe are likely to slip early next year after hitting a record high in November, as the arbitrage for transatlantic shipments has slammed shut and freight rates have climbed, analysts said this week. The spread between U.S. West...

Asia’s shipbuilding renaissance: Record orders and rising prices

In recent decades, Asia has emerged as the epicentre of the shipbuilding industry, thanks to its strategic location and the capital- and labour-intensive nature of the trade. While Europe was the birthplace of shipbuilding, the construction of large deep-sea vessels...

Middle East share of India’s Nov oil imports at 9-mth high; Russia down

Trump says US could retake Panama Canal as he rails against ‘rip-off’ shipping fees

For Indian oil products exporters, Europe offers an opportunity like no other

ACD urges union, US Gulf, East Coast ports to delay deadline for contract agreement

U.S. crude exports to Europe expected to fall in Jan as shipping economics weaken

Asia’s shipbuilding renaissance: Record orders and rising prices

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