Oct LNG Imports Fall 22% Year On Year
Japan's LNG imports in October declined 22.1% year on year and 14.5% from the previous month to 4.63 million mt, according to the latest Ministry of Finance data, reports Platts.
During January-October, however, LNG shipments...
[Watch] World’s 1st Methanol-electric Towboat To Hit Waters in 2023
The world’s first methanol-fueled towboat is set to to join the fleet of Metairie, La., based Maritime Partners LLC and become available for charter in 2023 to meet the pressing demand for sustainable towboat operations,...
Gibson Tanker Report – Round 4
Europe is once again the centre of the Covid-19 pandemic with rising cases and deaths across the Continent as it battles a fourth wave of infections.
For the weekly tanker market report please click here
Did...
EMEA Light Ends: Key Market Indicators for Nov 29-Dec 3
A bearish sentiment is expected to dominate the European butane and gasoline markets as COVID-19 infections surge, while petrochemicals demand could support naphtha, says a Market Insight article published in Platts.
Gasoline
The bearish sentiment...
Supermarket Giant’s Attempt To Avoid Christmas Shortages
Christmas is around the corner & supply chain problems make it harder to source goods from abroad.
Asda has struggled with shortages of some foods this year due to the national driver shortage.
...
Asia Residual Fuels: Key Market Indicators for Nov 29-Dec 3
Short supply in the Singapore marine fuel 0.5% market for the approaching H1 December laycan looks set to see bullishness persist through the week after the market recorded fresh price highs in the week...
Weekly Bulk Report – Week 47, 2021
The Baltic Exchange has released a report about the dry bulk market for the 47th week of shipping activities of this year. The report dated 26th November highlights the dry bulk market conditions at...
How Online Shopping Has Made The Situation Worse
Amazon and Target are playing a big role in the port pollution crisis along the US West Coast.
Walmart, the biggest importer in the report, had the most emissions of the four companies...
MAN Upgrading Four-Stroke Engines For Green Future-Fuels
MAN Energy Solutions enables its customers to exploit a multitude of synthetically manufactured, climate-neutral fuels in the operation of ships or power plants.
MAN Energy Solutions enables its customers to exploit a multitude...
Omicron Cautions Tanker Spot Rates Amidst Container Shipping Boom
The new global threat from the omicron variant is being layered on top of existing fallout from delta-variant outbreaks in Europe and Asia, reports American Shipper.
Tanker spot rates
The immediate effect of omicron is a...