Estimates from the United Nations (UN) have put the number of Ukrainian nationals fleeing the country at close to three million, but that still leaves some 40m to feed and offer care for, particularly...

1.1 mil b/d reduction in Russian refinery throughput expected Estimate of global refinery intake for this year cut by 860,000 b/d Intake seen rising by 2.9 million b/d, but still below pre-pandemic The International...

congestion in ports which has been emerging across the world is not only a concern for maritime and supply chain professionals but even the largest economy. This topic has even been discussed at...

  Sinopec informed via social media that the world’s largest LNG storage tank has been accelerated at Qingdao LNG terminal in Shandong Province. The Binhai LNG terminal will start operations by the end of...

Russia’s effort to conquer Ukraine may culminate within the next 10 days, reports Cepa. Ammunition shortages The Russians are experiencing ammunition shortages. Their transition to attrition warfare is driving up consumption rates beyond what they had...

Crude oil futures are expected to remain volatile as the escalating Russian-Ukraine conflict, along with Iran nuclear deal talks keep market participants on the edge. At 0200 GMT March 14, front-month May ICE Brent crude...

Low sulfur and high sulfur fuel oil cargo premiums were rising in Asia and Europe, partly due to less product being loaded at Russian ports, and this trend is expected to continue into the...

Mediterranean Shipping Co (MSC) has become the first liner major to take action against the extraordinarily volatile fuel bills it is facing, announcing yesterday its fuel surcharges will be reviewed on a fortnightly –...

Crude oil futures opened lower in Asian morning trades March 15 amid hopes of progress in Russian-Ukraine peace talks and as surging coronavirus cases in China shook investor confidence, says an article published in...

Postponed draft decrease extends fully-laden Suezmax transits 49-foot draft restriction limits Suezmax tankers, Neopanamax container ship transits Waiting times for transit decrease to six days southbound The first draft reduction for the NeoPanamax locks...