Water levels on the Rhine and Danube in Germany remain low after a recent drought and freight vessels cannot sail fully loaded on the rivers, traders said on Tuesday.Rhine water levels have risen after rain in recent days but still remain well below levels that would allow normal sailings, they said.“Most vessels are only sailing about 30 percent full,” one trader said.
An icebreaking liquefied natural gas (LNG) carrier has completed a record journey through the Northern Sea Route (NSR) in the Arctic.The Christophe de Margerie owned and operated by Sovcomflot (SCF Group) covered the distance of 2,360 nautical miles eastward through the NSR, from the port of Sabetta (Yamal Peninsula) to Cape Dezhnev (the Bering Strait), in seven days and 17 hours
Contaminated marine fuel that clogs and damages ship engines has been found in Singapore, the world's largest ship refuelling hub, according to sources and an alert sent to clients by a marine fuel surveying company.Singapore-based marine fuel surveyor and consulting firm Maritec Pte Ltd warned clients this week that six samples of ship fuel sold in Singapore had "resulted in severe sludging at
Russian natural gas producer Novatek delivered on Thursday the first ever liquefied natural gas (LNG) cargo to China via the Northern Sea Route (NSR) alongside the Arctic coast, which drastically cuts delivery time to Asian consumers.The shipments of LNG from Yamal LNG project via the NSR to China cuts transportation time and costs in comparison to other routes such as Suez Canal.
BP operates largest teapot marketing team among majors; four BP-chartered tankers have trouble unloading off China. Four supertankers chartered by energy major BP have been held up or delayed off China's east coast over the last two months, unable to fully discharge oil as slowing demand from the country's private refiners starts to impact global markets.
Water levels on the Rhine and Danube in Germany have fallen after recent dry weather and freight vessels cannot sail fully loaded on some sections of the rivers, traders said on Wednesday. The Rhine is too shallow for normal sailings around Cologne, traders said. All of the German section of the Danube is too shallow for full loads, they said.
Thick sea ice is impeding Arctic shipments of liquefied natural gas (LNG) from Russia's newly-built export plant in Yamal, Russia's state-run nuclear-powered tanker company Rosatomflot said.Unseasonably severe ice conditions are also clogging routes to Asia through the Northern Sea Route (NSR), leading to the extension of the winter-spring navigation of Atomflot's nuclear ice-breakers, it said.
A U.N. monitoring group wants to enlist the help of the world's biggest oil trading companies to enforce sanctions that cap the amount of crude and related products North Korea can import, the coordinator said.The U.N. Security Council ramped up sanctions last year after North Korea said it had conducted missile tests that put the U.S. mainland in range of its nuclear weapons.
The Singapore fuel oil market has rallied this week as inventories have dropped at the same time that some supplies in the region do not meet the standards for use as shipping fuel, further reducing the amount of supply available, five trade sources said.Cash premiums for 380-centistoke fuel oil, which is primarily sold for ship fuel, known as bunker fuel
Total WAF loadings for Asia hit record. Shipments of West African oil to China are set to surge to a record in January, boosting overall fixtures heading east to their highest in at least 14 years, a Reuters survey of shipping fixtures and traders showed on Wednesday. China's loadings are expected to jump by more than 20 percent from December to more than 1.
Over 500 ships waiting to load or unload coal; strong winter demand has driven coal, LNG and oil prices. Asian benchmark thermal coal prices have pushed to their highest levels since 2016, fuelled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside major coal ports.
China's LNG demand soars as tankers from the Americas divert to China. Liquefied natural gas (LNG) is being re-exported to China from Japan and tankers are being diverted from as far away as Brazil, with traders rushing to find cargoes in the face of a supply crunch in the world's No.2 economy as winter bites.