Asia Residual Fuels: Key Market Indicators for Dec. 6-10
Supply tightness in Singapore in the marine fuel 0.5% market is expected to persist in the week of Dec. 6-10, according to local Singapore sources, amid a shortage of blending components to produce on-specification...
Asia Crude Oil: Key Market Indicators For Dec 6-10
Crude oil markets started the Dec. 6-10 trading week higher, with optimism for crude's near-term outlook building after the release of Saudi Aramco's January crude official selling prices, which analysts said demonstrated confidence in...
These Two Ports To Present Their Services At GPCA Forum
With their participation in the 15th edition of the Gulf Petrochemicals and Chemicals Association (GPCA) Annual Forum, DP World's flagship Jebel Ali hub, including Jebel Ali Port and Jebel Ali Free Zone (Jafza), which...
[Watch] World’s First Full-Scale Hydrogen Based Propulsion System Launched
KONGSBERG has set a world record by testing and confirming a full-scale, full-size, zero-emissions drivetrain for ships and ferries driven by hydrogen fuel cells. The experiment shows that the technology for utilising hydrogen (H2)...
November’s Export Growth in China Most Likely Stalled
China's export growth probably lost some steam in November amid weakening demand and high-cost pressures on exporters, while imports likely slowed slightly and concerns over the Omicron variant weighed on the outlook, a...
This Country Inclined To Get Back To Phase Of ‘Zero-COVID’
Since October 17, China has reported at least one locally transmitted case every day, as local outbreaks continue to flare up one after another with increasingly short intermissions.
For more than a year,...
Synergy Group – Oldendorff Ink Ship Management Agreement
Synergy Marine Germany GmbH signed an agreement to manage part of the bulk carrier fleet owned by Oldendorff Carriers, one of Germany’s foremost shipowners and one of the world’s leading dry bulk operators, says...
World Container Index Down By 1.5%
Drewry’s composite World Container index decreased by 1.5% to $9,050.77 per 40ft container this week.
Drewry’s detailed assessment for Thursday, 2 December 2021
The composite index decreased 1.5% this week, but remains 196% higher than...
Gibson Tanker Report – South Of The Border
Latin America has historically been home to both a large population and large refining base. However, decades of underinvestment and economic turmoil, coupled with overseas competition has seen regional players struggle to service domestic...
Will China’s Low Birth Rate Jolt The Global Economy?
China, the world's most populous country, may soon run out of labour as reported by Business Insider.
Economic status
It's been a rocky year for the Chinese economy, what with the Evergrande crisis and COVID cases...