Asia Middle Distillates: Key Market Indicators for Oct 25-29
Asian middle distillate markets are poised to extend bullish momentum into the Oct. 25-29 trading week as limited exports from Northeast Asia continue to lift sentiment for gasoil and jet fuel/kerosene, reports Platts.
At 10...
Total Energies Inks Long Term Charter
Collaboration following a long-term charter contract.
"The ‘Gas Vitality’ is a testament of our commitment to provide our shipping customers with another major European hub to help meet their LNG bunkering needs,” said...
How is The Term ‘Gender’ Perceived Around The Globe?
The Hungarian parliament voted overwhelmingly to eliminate all teaching associated with LGBTQI rights.
The nation for which they are fighting is built upon white supremacy, the heteronormative family, that have restricted the freedoms...
Growing COVID-19 Outbreak in China
China has reported nearly 250 locally transmitted cases of COVID-19 since the start of the current outbreak 10 days ago, with many infections in remote towns along porous international borders in the country's northwest,...
This Country Imposes Hospitality Curfew To Tackle Covid Spread
President Vladimir Putin has ordered a nationwide ban on hospitality events and catering from 11 p.m. to 6 a.m. as the country struggles to control the Covid-19 pandemic, says an article published in Cnn.
About the...
Drewry Reports 0.4% Drop in World Container Index
This week, Drewry's composite World Container index fell by 0.4% to $9,865.14 per 40ft container.
Our detailed assessment for Thursday, 21 October 2021
This week's composite index fell 0.4%, but it's still 281% higher than...
Demolition Rates Set High for Final Weeks of Year
Firmer steel prices and a shortage of recycling candidates has resulted in higher demolition rates in all four recycling locations, says an article published in Seatrade Maritime News.
Demolition rates
On the Indian subcontinent, Bangladesh leads...
Supply Ship Attacked, Reportedly 3 Kidnapped
A recent news published in the Maritime Bulletin states that an offshore supply ship attacked, probably hijacked, Gulf of Guinea.
What happened?
The ship resumed voyage, under way though at reduced speed. Reportedly, 3 crew were...
HSFO Demand To Get Hit by Shipping Decarbonization
Ammonia, hydrogen bunkers long-term solutions for industry.
COVID-related hurdles, oil prices weigh on bunker demand.
Credit issues hurt margins at some physical suppliers.
A recent news article published in the Platts says that Shipping's...
TECO 2030 Gets NOK 50 M From Government for Fuel Cell Development
TECO 2030 (OSE: TECO) has been granted NOK 50 million in Norwegian government support for its development of hydrogen fuel cells.
It will lead to the creation of up to 500 new jobs...