News Flash
Asia Distillates-Activity ticks up; one refiner selling prompt cargoes
Asia’s middle distillates markets saw an uptick in paper and physical discussions as ICE gasoil futures were little changed, with...
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Canada’s West Coast port strike averted after board order
A strike planned for Monday by ship and dock foremen at west Canadian ports has been called off after the...
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Malaysia’s petronas adds three new LNG vessels ahead of LNG Canada start-up
Petroliam Nasional Bhd (PETRONAS) has geared up ahead of its LNG Canada project by adding three new energy-efficient Liquefied Natural...
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HSFO cash premiums gain; HPCL sells July, August Supplies
Spot premium for High Sulphur Fuel Oil (HSFO) inched higher on Monday but the upside remained capped in anticipation of...
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Baltic index hits two-week low on weaker vessel rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to two weeks...
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Report: Abandoned Tanker Sinks Off Yemen
The aging tanker Lavant, which sustained uncontrollable flooding off the southeastern coast of Yemen in June, appears to have disappeared...
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Saudi Aramco Jackup Suspensions: The Story So Far
Saudi Aramco’s ambitious post-Covid jackup fleet expansion program, in which the operator looked to increase its fleet size from approximately...
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Arrival of Brazil ethanol cargos to boost ARA inventories on prompt
Shipments of Brazilian ethanol have begun to arrive in Europe, according to market sources, as European prices have risen over...
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Europe turns away from US crude oil as imports hit two-year low in June
As European crude oil buyers and users turn to regional suppliers, US shipments to the continent fell again in June,...
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Regional sulphur emission limits at a glance
From time to time Members and clients contact Gard and ask for advice when a ship has been fined for...
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Rosneft, Lukoil to cut oil exports from Black Sea’s Novo, sources say
MOSCOW: Russia's oil producers Rosneft and Lukoil will sharply cut oil exports from the Black Sea port of Novorossiisk in...
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US ports oppose tariff on China-made cranes
US ports are pushing back against the recently proposed 25 percent tariff on Chinese-made ship-to-shore (STS) cranes, warning that the...
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EU naval mission says it destroyed two drones in Gulf of Aden
The EU naval mission protecting ships crossing the Red Sea said its frigate Psara had destroyed two unmanned aerial vehicles...
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Shipping’s readiness to adopt nuclear is advancing as new technology progresses and stakeholder momentum builds
New nuclear technologies are increasingly being considered and developed for shipping as defence and civil offshore applications underpin the case...
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Essential Marine Management with Asset Care for Smooth Operations
Explore the intricate web of marine asset management with us, where safety, compliance, and operational efficiency converge. From technical prowess...
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Baltic index set for first weekly fall in six
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was on way to...
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GIANT TO ENABLE FUTURE CONSTRUCTION METHODOLOGIES AS COMPONENTS GROW
Mammoet has received its first Liebherr LR12500 crane. With a capacity of 2,500t and a 200m hook height, it will...
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NYK-TDG Maritime Academy Holds Commencement Ceremony for 95 Graduates
On July 5, the NYK-TDG Maritime Academy (NTMA), a merchant marine academy jointly operated by NYK and the Transnational Diversified...
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Singapore Maritime Foundation and Pertamina International Shipping Asia Pacific Cooperate to Build Maritime-ready Talent Pool
The Singapore Maritime Foundation (“SMF”) and Pertamina International Shipping Pte Ltd (“Pertamina International Shipping Asia Pacific” or “PIS AP”) signed...
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Chubu Electric mulls 20-vessel CO2 carrier fleet for CCUS project with BP
Japan's Chubu Electric Power Co. is in advanced discussions with BP on a Carbon Capture, Utilization And Storage (CCUS) project...
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