Salvors have lightered bulk diesel fuel from a luxury yacht that grounded on a reef just off Flamenco Beach in Culebra, Puerto Rico, the U.S. Coast Guard said.The 72-foot sailing catamaran Obsession was reportedly traveling with four people…
Fuel Removed from Yacht that Struck a Reef in Puerto Rico Read More »
EU crude oil imports rose during the first half of 2024, as the “bloc” remained the second largest importer globally. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil trade, despite t…
Tankers: Seaborne Crude Oil Imports from the EU Rise in the First Half of 2024 Read More »
This week’s chart underscores the upward trend in the monthly quantity of Russian crude oil shipments to the Central Mediterranean and the Sea of Marmara. Italy has emerged as the leading destination country, reflecting a significant shift in tra…
Tanker Market Monitor: Russian crude oil shipments Read More »
The Freightos Baltic Global index increased 14% month-over-month (MoM) in July to $5,073/FEU – with most of that climb taking place early in the month – surpassing the February peak by 47% and its 2019 level by more than 270% as peak season demand, com…
FBX Index July 2024: Market summary Read More »
Esso is selling Fos-sur-Mer plant and port facilities in Toulouse and Villette-de-Vienne
Trafigura consortium agrees to buy major French refinery and two terminals Read More »