The UAE's Jebel Ali port plans to boost its annual container ships handling capacity by 27% this year with the launch of a new terminal to cater for rising demand for petrochemicals and aluminium exports in the runup to the 2022 World Cup ...
Tags: polymer output, Petrochemicals
Global ports expect to see LNG account for 13% of the bunker fuel market supply come 2020 and 24% by 2025, according to a Lloyd's Register report Monday. Lloyd's global marketing manager Luis Benito shared the observations at a media ...
Tags: LNG, Bunker Fuel Supply
Argentina exported 92,755 mt of biodiesel in February, a 106% jump from the same period in a year ago, according to Argentinian Biofuels Association, or CARBIO, data that Platts received Thursday. February fixture data indicated as much ...
Tags: Biodiesel Exports, Biofuels
AkzoNobel has introduced the shipping industry's first digital tool that enables operators to accurately assess and predict the risk of hull fouling, depending on which routes are being traded. Developed by the company's Marine Coatings ...
Tags: Shipping Industry, Shipping
Port Waratah Coal Services' export terminals at Australia's Newcastle port shipped 2.35 million mt of mostly thermal coal to China in March, down 6% from February, the operator said in a report Tuesday. China's offtake represented 26.3% ...
Tags: Coal, thermal coal, coal shipments
Coal stocks at China's four major Bohai Sea ports totaled 17.185 million mt on Sunday, down 600,000 mt or 3.4% week on week, Qinhuangdao Port said Monday. Coal stocks at Qinhuangdao Port fell 9.7% week on week to 5.74 million mt on ...
Tags: Coal Stocks, thermal coal, coal shipments
March rolled in like a lamb and out like a lion for ULSD exports from the US Gulf Coast, which have seen an uptick within the past week, market sources said Monday. Higher prices in Europe and a refining issue in South America have ...
Tags: ULSD Exports, ULSD barrels
Freight rates for grain runs from South America to the Far East declined on Friday amid low Chinese soybeans demand, oversupply of tonnage and generally bearish sentiment in the Atlantic market. Grain runs basis 60,000 mt on the ...
Tags: grain, soybeans, Chinese demand
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
Softer coastal freight rates for shipping domestic thermal coal from northern to southern ports in China has put seaborne-traded cargoes at a slight price disadvantage, and renewed downward pressure on CFR South China prices, said traders ...
Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou dropped significantly in the week to March 25, ending a five-week upward trend, Qinhuangdao Port said ...
Tags: coal, coal stocks, Freight rates
Asian methanol prices are expected to come under heavy downward pressure in April after a ramp up in production in Southeast Asia and an influx of Iranian-origin cargoes, trading sources said Wednesday. Since the beginning of March, Asian ...
Tags: Methanol Prices, methanol, Iranian market
MHI receives order for very large LPG carrier from Astomos Energy, identical to ship type ordered late last year Wednesday, Mar 26, 2014 Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Astomos Energy Corporation for a ...
Tags: LPG Carrier, MHI, Ship Type
Fednav pioneers the use of drones in polar shipping Wednesday, Mar 26, 2014 MONTREAL, March 25, 2014 /CNW Telbec/ - Fednav recently became the first shipping company to employ drones, or Unmanned Air Vehicles (UAV), for ice reconnaissance ...
Tags: Fednav, Polar Shipping
The introduction of the new Wärtsilä 46DF engine emphasises Wärtsilä's leading position in dual-fuel engine technology. Compared to any other alternative currently available on the market its specific fuel consumption is ...
Tags: Wartsila, Dual-Fuel Technology, engine