Moody’s latest Global Macro Outlook 2025-2026 paints a sobering picture of the global economy. While the short-term outlook appears stable, the long-term trajectory is uncertain, primarily driven by potential shifts in US domestic and international policies. The global economy has shown resilience in recovering from the disruptions of the past few years. Falling interest rates …
Traders are using ship-to-ship loadings near the Senegalese port of Dakar to handle Russian naphtha exports to Brazil, market sources said and LSEG data shows. Since a full European Union embargo on Russian oil products went into effect in February 2023, the bulk of Russia’s naphtha has been redirected elsewhere. Loadings to larger vessels help …
Traders using STS transfers near Senegal to export Russian naphtha to Brazil, data shows Read More »
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held a global IT conference in mid-November with the goal of promoting its digital transformation (DX) strategy and strengthening security. 21 IT/DX specialists from 11 countries and regions representing major bases of “K” LINE’s global network came to Japan for a conference attended by a total of 42 people, …
Asia’s hi-5 fuel oil spread narrowed by over 20% week-on-week, reflecting a weaker market for very low sulphur fuel oil (VLSFO) while high sulphur fuel oil (HSFO) held its ground. The premium of VLSFO over 380-cst HSFO, also known as the hi-5, fell to $87.15 a metric ton on Friday, showed LSEG data at Asia …
Asia Fuel Oil-Hi-5 spread narrows more than 20% versus last week Read More »
The Abu Dhabi National Oil Company (ADNOC), Jiangnan Shipyard (Group) Co., Ltd., and classification society DNV, celebrated the naming and delivery ceremony of China’s first large-scale Mark III Flex membrane LNG carrier, the 175,000 cbm, Al Shelila. The first of a six-vessel series, this landmark delivery is one of the most innovative vessels ever constructed …
Peninsula is working on building a global liquefied natural gas (LNG) bunkering business to help shippers reduce emissions while renewable fuels are still being developed, its CEO told Reuters. The shipping industry – which accounts for nearly 3% of global carbon dioxide emissions – is under pressure to use low-carbon fuels to cut emissions. Peninsula …
Marine fuel supplier Peninsula targets global LNG bunkering Read More »
A.P. Moller – Maersk (Maersk) celebrated the arrival of its newest dual-fuel methanol container vessel in Singapore today, as part of her maiden voyage from Asia to Europe. The vessel, named “A.P. Møller” in honor of Arnold Peter Møller, the founder of A.P. Moller – Maersk, is the ninth vessel in Maersk’s fleet capable of …
Maersk Names Newest Dual-Fuel Methanol Vessel “A.P. Møller” in Singapore Read More »
Los principales investigadores en materia de bienestar animal de España* ratifican su compromiso con la actividad del sector de la acuicultura español en todo lo relacionado con el bienestar de los peces. Desde España ya se está coordinando el Centro de Referencia Europeo para el Bienestar de los Animales Acuáticos (EURCAW-Aqua), lo que refuerza su …
Global law firm Norton Rose Fulbright has advised the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and a pool of international financial institutions on the signing of a strategic partnership with Tanger Med, the leading industrial port complex in the Mediterranean, to expand the truck and passenger terminal. The project represents a …
Norton Rose Fulbright advises IFC and MIGA on signing of partnership with Tanger Med Read More »
La construcción, actualmente utilizada por la Federación Cántabra de Vela, cuenta desde hoy con nuevas ventanas exteriores y puertas peatonales y con un almacén renovado. Para el presidente de la Autoridad Portuaria de Santander (APS), César Díaz, se trata de una actuación “que era necesaria debido al deterioro de las carpinterías y a la agresividad …
