Commodities reacted with trepidation to the election of Donald Trump to a second term as U.S. President, with most losing ground over fears the global economy will be hit by a new tariff war.The downbeat reaction was in stark contrast to U.S…
Idemitsu Tanker Co., Ltd., IINO Kaiun Kaisha, Ltd. (IINO Lines), Nippon Yusen Kabushiki Kaisha (NYK), and Nihon Shipyard Co., Ltd. announced that the consortium established in early 2024 for the joint research and development of an eco-friendly…
INTERTANKO is opening its Ports with Challenging Water Quality Database to non-members in a bid to increase understanding of the issues that ballast water management systems are facing.Any shipowner can now contribute to the results by submitting their own reports…
“During the first nine months of 2024, seaborne shipments of jet fuel increased 11% over 2023,' said Niels Rasmussen, Chief Shipping Analyst at BIMCO. 'Shipments were equivalent to 461 million barrels or 1.7 million barrels per day (mbpd). At the same time…
U.S. exports of liquefied natural gas fell slightly in September as plant maintenance trimmed output, while Europe remained the leading destination, data from financial firm LSEG showed.Gulf Coast plants escaped any major impact from hurricanes last month…
“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen…
A fire broke out at an oil depot in the city of Feodosia on the Crimean coast of the Black Sea, Russian-appointed officials in the Crimean Peninsula that Moscow annexed from Ukraine in 2014 said on Monday.There were no casualties, Oleg Kryuchkov…
Oil exports from Russia's Black Sea port of Novorossiisk were revised up by 0.22 million metric tons from a previous forecast to 2.42 million tons for October, two sources familiar with the plan said on Monday.Initially oil loadings from Novorossiisk…
Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions, the Dutch government said on Monday.Imports of Russian LNG at the GATE…
Norwegian gas infrastructure operator Gassco has restarted the Kaarstoe processing plant, a key hub for gas supplies to Germany, and is ramping up output following three weeks of maintenance, the company said on Friday.'Kaarstoe is in the start…
Russia's seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month on month, data from industry sources and Reuters calculations showed.Russia's offline primary oil refining capacity for August at 2.95 million tons was up from July's level by some 3%…
Libyan crude exports reached about 550,000 barrels per day last week, a three-fold increase on the previous week, according to data from analytics firm Kpler and a shipping agent.Tankers carrying crude including Flavin, Pacific Pearl, Ghibli…
Marine energy infrastructure solutions company Höegh LNG announced it has rebranded as Höegh Evi in a move that reflects its expansion beyond liquefied natural gas (LNG) vessels and terminals.Standing for “energy vector infrastructure,” the name Evi encompass a wider range of clean energy solutions…
The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions, according to ship tracking data.The Arctic LNG 2 project by Russia's Novatek is also subject to Western sanctions over Russia's war with Ukraine…
U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana…
