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July 25, 2024
According to data provided by financial firm LSEG, and a filing made with Texas environmental regulators, the U.S. liquefied gas (LNG), company Freeport LNG is on track to resume service Thursday following a shutdown on Wednesday. Freeport is one the most watched U.S.
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July 24, 2024
The MPA announced on Wednesday that Hafnia Oil Tanker owner Hafnia is in discussions with Singapore's Maritime and Port Authority about transferring damaged naphtha cargo to a secure location. On July 19, the tankers Hafnia Nile, flying the Singapore flag…
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July 23, 2024
West, a UK ship insurer, said that it would be difficult to pay claims for ships involved with accidents or collisions involving other vessels insured by the sanctions-hit Russian Ingosstrakh. This is another indication of the difficulties with Moscow's oil trading.
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July 23, 2024
In the second quarter 2024, the Port of Corpus Christi in Texas moved 50.1 millions tons of goods along the Corpus Christi Ship Channel, an increase of 1.7% compared to the same period of last year. Corpus Christi has oil refineries, shipping ports and is a major crude oil exporting location.
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July 23, 2024
Three sources with knowledge of the matter confirmed that Citi delivered large quantities of lead to London Metal Exchange approved warehouses in Singapore for lucrative financial deals on Monday. The total LME stock of battery metal has now reached its highest level since early May.
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July 23, 2024
On Monday, large quantities of lead were delivered for financial deals to London Metal Exchange approved warehouses in Singapore. Total stocks of the battery material have reached their highest level since early May. According to industry sources…
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July 23, 2024
Veniamin Kodratyev, the regional governor of the southern Krasnodar Region in Russia, said that a Ukrainian drone attacked a ferry in Port Kavkaz and killed a person. The RIA news agency, citing a source from emergency services, reported that…
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July 23, 2024
Freeport LNG, the second-largest liquefied gas exporter in the United States, has resumed shipments following a shutdown of operations due to Hurricane Beryl. The processing is on track to reach half its capacity by Monday, according preliminary LSEG figures.
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July 23, 2024
Market sources reported that Lukoil - Russia's largest oil company - has increased its crude oil loading for July by about 140,000 tons after Ukraine stopped oil transit from Europe via the Druzhba pipe. Lukoil will load the Suzemax ship Arus at Novorossiisk, Russia, on July 23-24.
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July 23, 2024
According to preliminary LSEG information, the U.S.’s second largest liquefied gas exporter, Freeport LNG, has resumed shipments following a shutdown of operations in advance of Hurricane Beryl. The processing is on track to reach half its capacity by Monday.
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July 23, 2024
The port authority reported that Ukraine's grain exported through the Romanian Black Sea Port of Constanta in the first six months fell by 43.5% compared to the same period last year to 4,24 million metric tonnes, because Kyiv was able to rely solely on its ports this year.
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July 23, 2024
On Saturday, Defence Minister Yoav Galant stated that Israel had struck the Houthis after they injured an Israeli. Gallant stated in a press release that "the fire currently burning in Hodeidah is visible across the Middle East, and its significance…
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July 23, 2024
Spain's Merchant Fleet reported on Monday that Spanish authorities had detained a German cargo ship after it caused a spill while refuelling near the Spanish enclave Ceuta. It added that the owner of the Tony Stark-flagged ship, which is registered in Antigua & Barbuda…
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July 23, 2024
Authorities and a tanker operator reported that two large oil tanks caught fire after colliding on Friday near Singapore, which is the world's largest refuelling station. Two crew members were airlifted from the scene to the hospital, while others were rescued using life rafts.
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July 23, 2024
Victor Bomfim, the chief executive officer of Vast Infraestrutura (a terminal operator), announced on Thursday that Vibra Energia had signed a deal for a 20-year terminal to be built at Porto do Acu in Rio de Janeiro. Vibra Energia will use…
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July 23, 2024
Shipping data from LSEG & Kpler revealed that a tanker involved in a collision last week near Singapore entered the Bertam floating oil storage terminal area on Monday morning, after being intercepted on Sunday by local authorities. On Friday…
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July 23, 2024
Malaysia's Coast Guard said Sunday that it had intercepted and located a large tanker involved in an exploding collision with another vessel just two days earlier off Singapore. The Coast Guard said that on Saturday, the tanker Ceres I flying…
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July 23, 2024
Malaysia's Coast Guard said on Saturday one of two large oil tanks involved in an accident that resulted in fires on both vessels had left the scene of the accident. It was also believed that the tracking system of that tanker had been turned off.
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July 23, 2024
The Global Centre for Maritime Decarbonisation in Singapore (GCMD) announced this week that it had completed the final trials of biofuels for ships, with German container company Hapag-Lloyd as well as energy giant BP. The GCMD started an 18…
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July 23, 2024
Shipping data released on Thursday shows that the number of LNG tankers awaiting loading at Freeport LNG, Texas, has increased since last week when the U.S.'s second largest LNG exporter halted its processing in anticipation of Hurricane Beryl. Beryl hit Texas on July 8, near Matagorda.