Shipping
19 stories tagged Shipping.
DNV Report Highlights Biofuels as Cost-Effective Marine Decarbonization Pathway
A recent analysis from DNV identifies biofuels as one of the most economically viable immediate-term solutions for reducing emissions in the shipping sector.
Saudi Arabia's Crude Exports See June Rebound Following May's Reduced Volume
Data indicates an increase in crude oil shipments from Saudi Arabia during June, recovering from the previous month's notable decrease.
Woodside Highlights Dampier LNG Bunkering Operations as Regional Model
The energy company Woodside has pointed to its liquefied natural gas (LNG) bunkering activities at Dampier as a successful operational example for the Asia-Pacific maritime sector.
ITOCHU Enters Indian Ammonia Storage Terminal Sector at Port Pipavav
The Japanese trading house is expanding its involvement in the global ammonia supply chain with a new investment in India.
OOCL Names Second 24,000 TEU Methanol Dual-Fuel Container Vessel
The container shipping company OOCL has named its second methanol dual-fuel mega-container vessel, signifying ongoing investment in alternative propulsion technologies.
Nigerian Fuel Subsidy System Faces Renewed Scrutiny
Discussions surrounding Nigeria's fuel subsidy structure continue, with a focus on its economic implications and potential market-reflective pricing.
Anticipated Fuel Price Increase Effective Wednesday
Commodity market participants are observing an expected adjustment in fuel prices, slated to take effect from the upcoming Wednesday. This development signals potential shifts in operational costs for various sectors reliant on refined petroleum products.
Tanker Reportedly Struck in Strait of Hormuz
A commercial vessel has been reported as struck while transiting the Strait of Hormuz, coinciding with reports of military actions in the region.
X-Press Feeders Appoints Alex Hartnoll to Deputy Chairman Role
The Singapore-based feeder operator announces an internal promotion, elevating a long-serving executive with diverse experience across global operations.
Sinokor-Operated Tanker Struck in Strait of Hormuz Incident
A vessel managed by Sinokor suffered three impacts while transiting the Strait of Hormuz, highlighting ongoing maritime security considerations in the critical waterway.
ABS 2026 Outlook Emphasizes Strategic Planning for Decarbonization to 2035
The annual ABS report outlines key considerations for shipowners navigating evolving regulations, carbon costs, and future fuel options.
Middle East Tensions Persist Six Months Post-Conflict Start
The regional security situation remains a focal point for commodity markets and maritime trade following a six-month period of escalated conflict.
Indian Crude Imports Decline in August, Russian Share Decreases
India's crude oil imports experienced a notable decrease during August, with a corresponding reduction in the share of Russian-origin crude within the import mix.
Venezuelan Oil Export Arrangement Under Scrutiny Following Recent Announcements
Recent statements regarding a new Venezuelan oil agreement have drawn attention from industry observers, with details on ownership and revenue projections prompting further analysis.
Crude Oil Prices React to Renewed US-Iran Tensions
Global crude oil benchmarks registered an upward movement following reports of renewed geopolitical tensions between the United States and Iran, impacting market sentiment regarding key shipping routes.
Black Sea Developments Impact Vegetable Oil Carrier Demand
Recent disruptions in the Black Sea region are poised to influence the demand for vessels transporting vegetable oils, particularly sunflower oil, from the area.
India Outlines Self-Reliance Appeals for Economic Strategy
The Indian government has presented a set of appeals aimed at fostering economic self-reliance, potentially influencing long-term commodity demand and domestic production capabilities.
Chinese Commodity Imports Show Divergent Trends Amidst Geopolitical Concerns
Analysis of recent import data indicates distinct patterns in China's crude oil and refined metal purchases, reflecting ongoing market dynamics.
Alkagesta Details Performance Amidst Market Volatility in First Half of 2026
Alkagesta, a significant player in the commodities sector, recently issued its performance update for the first half of 2026, outlining commercial achievements, strategic advancements, and operational milestones.