Diesel News

Russia shipped a diesel cargo to Syria onboard a tanker under U.S. sanctions, the first known such direct supply to the Middle Eastern country in more than a decade, LSEG data showed.The final destination of the cargo is unclear. Russia has two main military installations in Syria: an air base in Hmeimim and a naval base in Tartous, integral to Russia's military reach in the Middle East and Africa.Russia's control over the bases is under threat following the sudden fall of Bashar al-Assad last year.

Russia's seaborne diesel and gasoil exports rose almost by a quarter in January from December as traders sought to increase supplies before new U.S. sanctions come into effect and amid seasonal low domestic demand, LSEG and market sources data show.The U.S. Treasury announced sweeping new sanctions against the Russian energy sector on Jan. 10, targeting two major oil companies, dozens of traders and some 180 vessels.A transition period allows cargoes to be discharged from sanctioned tankers until Feb.

Russia said on Sept. 21 that it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions on Russian fuel exports.Russia eased some of the restrictions on Sept. 25, saying it would allow the export of bunkering fuel for some vessels and diesel with high sulphur content. The government has yet to give a timeline for any further easing…

Russia cut its seaborne diesel and gasoil exports by nearly 30% to about 1.7 million metric tons in the first 20 days of September from the same time in August, as local refineries went into seasonal maintenance and the domestic market faces a fuel shortage and rising prices, traders said and LSEG data showed.Idle primary oil refining capacity for September is estimated at 4.657 million tons, up 45% from August, according to Reuters calculations.Due to the domestic fuel shortage…

U.S. manufacturers reported business activity declined for the second month running in December and the sector appears to be on the leading edge of a recession. The slowdown in manufacturing and freight has already dampened consumption of diesel and other distillate fuel oils, and consumption is likely to fall if the manufacturing downturn deepens.The Institute for Supply Management’s manufacturing activity index fell to 48.4 in December (19th percentile for all months since 1980)…

Associated British Ports (ABP) has taken delivery of a new fast response RIB (Rigid Inflatable Boat) installed with the CXO300 diesel outboard engine from Cox Marine. Designed to be both fast and agile, the patrol craft Swift has already entered service in Southampton, one of the UK’s busiest ports. Built by Berthon, Cox’s UK distributor based in Lymington, the 7.8m Commercial Grade RIB will be used by the ABP Southampton team to enforce harbor by-laws and to carry out other harbour duties by its safety security patrols.

Now more than ever, professional operators are opting to run outboard engines on a various small military craft, patrol boats, multi-mission workboats and other vessels that have traditionally been powered by small to midsized inboard engines.Using engines that can be mounted on the outside of a vessel instead of those requiring placement inside the hull presents a number of advantages, including space savings on board, easier access for maintenance as well as simpler, quicker replacement…