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India’s GAIL to receive 12 LNG cargoes/year from Qatar Energy Trading starting 2025

India’s GAIL has awarded its LNG purchase tender for procuring 12 cargoes per year starting in April 2025 for a tenure of five years to Qatar Energy Trading, market sources told S&P Global Commodity Insights. The tender was awarded at a slope of 115% to Henry Hub...
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Biden Administration Releases New U.S. Maritime Decarbonization Action Plan

On December 11, President Biden announced a U.S. Maritime Decarbonization Action Plan that builds on the foundations presented in the administration’s U.S. National Blueprint for Transportation Decarbonization. The maritime decarbonization plan provides near- and...
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EmissionLink enhances submission processes in readiness for FuelEU Maritime regulation

EmissionLink enhances submission processes in readiness for FuelEU Maritime regulation
Comprehensive fuel and emissions monitoring service, EmissionLink, member of Columbia Group, is simplifying the emissions management process, with a series of advanced solutions ahead of the Fuel EU Maritime regulations, due to come into effect in January 2025. These...
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Anemoi completes installation of Rotor Sails onboard Vale VLOC in largest wind-propulsion project to date

Anemoi completes installation of Rotor Sails onboard Vale VLOC in largest wind-propulsion project to date
Anemoi Marine Technologies completed the installation of five Rotor Sails onboard the 400,000 dwt Very Large Ore Carrier (VLOC), Sohar Max, making it the largest vessel to receive wind propulsion technology to date. Sohar Max is a first generation Valemax, built in...
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Asia Fuel Oil-Spot premiums rebound for January trading cycle

Spot premiums for fuel oil extended a slight rebound on Tuesday, reflecting firmer bids for the January trading cycle. A higher-priced trade emerged for a parcel of very low sulphur fuel oil (VLSFO) loading in early January, while backwardation for the...
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Third tanker in trouble as oil washes up on Russia’s Black Sea coast

  Spilled oil has washed up along “tens of kilometres” of the Russian Black Sea coast after two tankers were badly damaged in a storm at the weekend, a regional official said on Tuesday, and state media said a third vessel was now in trouble. TASS news agency...
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