EU’s wobbly budget rules can bolster shaky economy
Europe’s new budget rules can work only if Brussels can stretch them. Eleven countries including France, Italy and Belgium, posted…
Taiwan’s FPCC Offers More Spot June Gasoil, Sources Say
Taiwan’s Formosa Petrochemical Corp (FPCC) has offered more prompt June spot 10ppm sulphur gasoil cargoes via a sale tender, three…
Norway gas export plummets as Sleipner outage shuts Nyhamna plant
Norway’s gas exports to Europe fell sharply on Monday as a shutdown of the offshore Sleipner hub also stopped operation…
Chinese refiner Rongsheng buys its first Canadian TMX crude oil cargo
Chinese refiner Rongsheng Petrochemical 002493.SZ has bought its first Canadian crude cargo via the recently expanded Trans Mountain pipeline (TMX)…
UPDATE: Charleston working through lingering vessel backlog
Container ships are anchoring outside both southeast US ports due in part to a project in Charleston that will shut…
High water levels close Rhine River to barge traffic after flooding rains
The Rhine is one of the most important commercial waterways in Europe and its closure is pushing traffic to the…
Container market hearing echoes of pandemic-era dynamics: analyst
With vessel capacity tight and freight rates on the rise, there are several market dynamics that emerged during the pandemic…
Baltimore import bookings rebound as port’s full ship channel to reopen soon
Evergreen Marine’s neo-Panamax service from Asia will start making regular calls to Baltimore by mid-July, and the port’s container terminal…
Maersk upgrades earnings guidance amid bullish market fundamentals
The container shipping market has been roiled by the ongoing ship diversions around southern Africa that are now causing congestion…
The Republic of the Marshall Islands Registry Witnesses Increased Share in the Greek Shipping Market
The Republic of the Marshall Islands (RMI) ship registry has increased its share in the Greek shipping market, as it…