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Trump Again Sways Oil Trading, Crude Rises Over 2% On Chevron's Venezuela Ouster
Feb 27, 2025 ... 240,000 barrels per day (bpd) of crude from its Venezuela operations, over a quarter of the country's entire oil output. As of 1828 GMT on Thursday, Brent was up $1.53, or 2.1 percent, at $74.06 ...
Weekly Vessel Scrapping Report 2025: Week 8
Feb 27, 2025 ... than its ever been.  To help keep on top of the most recent changes in the world fleet, every week thanks to online maritime intelligence and information service VesselsValue.com, we tell ...
US Ports Face 'Major Congestion and Delays' if Fees Imposed on Chinese Vessel Calls
Feb 27, 2025 ... firm Xeneta. The new administration has announced a plan to impose a $1 million fee for every US port visit by a Chinese-operated vessel, as well as raising the possibility of similar fees ...
Shipping Groups Back EU Clean Deal, Demand Clearer Green Fuel Roadmap
Feb 27, 2025 ... of the shipping ETS revenues to support the production of clean fuels, Sotiris Raptis, ECSA secretary general, said. "We also urge the Commission to cut red tape and ensure an international level ...
CPC Announces Temporary Halt in Kaohsiung VLSFO Sales for Barge Maintenance
Feb 27, 2025 ... one of its barges. 180 CST VLSFO deliveries at Kaohsiung S01-S19 will be suspended between February 28 and March 3, the company said in a note to customers on Thursday. "Due to the scheduled ...
BUNKER PRICES: G20-VLSFO Index Drops to Two-Month Low
Feb 27, 2025 ... bunkering ports lost $5.50/mt to $582/mt on Wednesday, reaching its lowest level since January 1. The G20-HSFO Index fell by $4.50/mt to $507/mt, while the G20-MGO Index dropped ...
Furetank Sees FuelEU Maritime Driving Bio-LNG Adoption
Feb 27, 2025 ... to biomethane as a maritime fuel." The FuelEU Maritime regulation came into effect on January 1 for all ships over 5,000 GT calling at European ports. While the initial 2% GHG reduction ...
"Knee Jerk" Response To Stock Build Causes More Losses For Crude, Demand Increase Ignored
Feb 27, 2025 ... crude inventories fell by 2.3 million barrels to 430.2 million barrels in the week ended February 21, weekly supply gains of 400,000 barrels were incurred for gasoline and 3.9 million barrels ...
Alternative Marine Fuels: Are We There Yet?
Feb 26, 2025 ... for four alternative marine fuels. The Argus Oil and Future Fuels Forum took place on February 25 in London as one of a series of industry events in the UK capital during ...
Buyers Alliance ZEMBA Issues Tender to Procure E-Fuels
Feb 26, 2025 ... on Tuesday. "All bids must demonstrate at least a 90% lifecycle emission reduction for primary propulsion of the vessel(s) compared to a high emission fuel baseline," it said. Following a ...
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US Approves $35 Million for Maritime Infrastructure Projects

US Approves $35 Million for Maritime Infrastructure Projects

Two maritime projects in Alaska and one project in Pennsylvania have been awarded funding.

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Grimaldi Names First Ammonia-Ready Pure Car and Truck Carrier

Grimaldi Names First Ammonia-Ready Pure Car and Truck Carrier

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