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Russia’s Putin signals OPEC+ cuts are here to stay

Russia’s Putin signals OPEC+ cuts are here to stay

Russian President Vladimir Putin said on Wednesday that OPEC+ coordination would continue in order to ensure predictability on the oil...
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Iron ore rebounds on renewed hopes for China stimulus

Iron ore rebounds on renewed hopes for China stimulus

Iron ore futures rose on Wednesday, with the Singapore benchmark rebounding after six straight sessions of declines, as hopes re-emerged...
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Moby selects Kongsberg Maritime for emission-saving propulsion upgrade on five RO-RO passenger ferries

Moby selects Kongsberg Maritime for emission-saving propulsion upgrade on five RO-RO passenger ferries

Kongsberg Maritime has won a contract to upgrade the propulsion systems on five RO-RO passenger ferries for Italian operator Moby....
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Mass Flow Meter Bunker measurement system mandatory as of 1 January 2026

Mass Flow Meter Bunker measurement system mandatory as of 1 January 2026

From 1 January 2026, the use of a bunker measurement system for bunker vessels in the ports of Antwerp-Bruges and...
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Low water levels again hamper Rhine river shipping in Germany

Low water levels again hamper Rhine river shipping in Germany

Low water levels after dry weather have stopped cargo vessels from sailing fully loaded on the Rhine river in Germany,...
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Coach Solutions unveils EU ETS monitoring tool for simplified compliance

Coach Solutions unveils EU ETS monitoring tool for simplified compliance

Coach Solutions, a leading provider of vessel optimisation solutions has launched a reporting tool designed to help owners and operators...
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Lack of yard capacity and capability could compromise the maritime industry’s retrofit ambitions

Lack of yard capacity and capability could compromise the maritime industry’s retrofit ambitions

A Lloyd’s Register (LR) report on the state of technology, integration and compliance, alongside the business case for retrofitting vessels,...
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Inmarsat to move shipping comms from Netherlands to Greece

Inmarsat to move shipping comms from Netherlands to Greece

British satellite communications company Inmarsat said on Wednesday it is nearing an agreement to move some of its ground communications...
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Baltic index falls on lower capesize demand

Baltic index falls on lower capesize demand

The Baltic Exchange’s main sea freight index fell for the second straight day on Wednesday, dragged down by a fall...
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Output disruption in Israel to have limited impact on Europe gas prices- Goldman.

Output disruption in Israel to have limited impact on Europe gas prices- Goldman.

Gas production curtailment in Israel due the ongoing conflict is likely to tighten global balances, but the impact on European...
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China’s top copper buyers expect a 36% cut in Codelco premium.

China’s top copper buyers expect a 36% cut in Codelco premium.

China’s largest copper buyers expect to pay a premium of around $90 per metric ton next year for Codelco’s metal,...
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Iron ore pullback deepens as traders assess China demand.

Iron ore pullback deepens as traders assess China demand.

Iron ore futures dipped to six-week lows on Tuesday, dragged lower by concerns about looming steel production cuts in China...
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Saudi Aramco to supply full oil volumes to N. Asia refiners in November.

Saudi Aramco to supply full oil volumes to N. Asia refiners in November.

Saudi Aramco has notified at least four North Asian buyers that it will supply full contractual volumes of crude oil...
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Maersk says port operations in Israel working normally.

Maersk says port operations in Israel working normally.

Maersk said on Tuesday that port operations at Israel’s major terminals are running as normal despite a violent conflict with...
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Asia Fuel Oil-VLSFO cash premium dips as backwardation softens

Asia Fuel Oil-VLSFO cash premium dips as backwardation softens

The cash premium for very-low sulphur fuel oil (VLSFO) eased slightly on Tuesday, while market backwardation continued to soften. The...
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U.S. crude oil exports reached a record high in first half of 2023

U.S. crude oil exports reached a record high in first half of 2023

U.S. crude oil exports in the first half of 2023 averaged 3.99 million barrels per day (b/d), which is a...
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Container values and earnings fall to the lowest levels since early 2021

Container values and earnings fall to the lowest levels since early 2021

Container Values have fallen across all sub sectors and age categories based on weakened market sentiment which has had an...
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Baltic index snaps 3-day winning streak as capesize rates dip.

Baltic index snaps 3-day winning streak as capesize rates dip.

The Baltic Exchange’s main sea freight index fell on Tuesday, snapping a three-session-long winning streak, pressured by lower rates in...
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Cargo shipping to lose EU antitrust exemption from 2024.

Cargo shipping to lose EU antitrust exemption from 2024.

Cargo shipping companies from next year will no longer enjoy a decades-long exemption from EU rules against anti-competitive agreements because...
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Global LNG: Asia spot prices retreats from 7-month high on tepid demand

Global LNG: Asia spot prices retreats from 7-month high on tepid demand

Asian spot liquefied natural gas (LNG) prices retreated from a seven-month high as demand remained muted due to warmer weather...
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