US oil imports from Iraq increased last week, according to data released by the US Energy Information Administration (EIA) this weekend. The EIA’s weekly petroleum status report showed that US crude oil imports from nine major suppliers averaged 6.120 million…
Niger has shut off oil exports to China via its pipeline to Benin’s coast, Oil Minister Mahamane Moustapha Barke Bako said on Thursday, deepening a standoff between the West African neighbours. At the Agadem oilfield in eastern Niger, the minister…
Malaysia has maintained its July export tax for crude palm oil at 8%and loweredits reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday. The world’s second-largest palm exporter calculated a reference price of 3,839.63 ringgit…
PetroVietnam Gas said it had received a 70,000-ton LNG cargo from PetroChina International for domestic power generation and industrial production. The cargo from Brunei arrived at the company’s LNG terminal in the southern province of Ba Ria Vung Tau on…
India’s finished steel imports touched a five-year high in the first two months of the fiscal year that began in April, with the country continuing to be a net importer, according to provisional government data seen by Reuters. Steel demand…
Ukraine’s grain exports in the 2023/24 July-June marketing season had risen to 48.4 million metric tons by June 12 from 46.7 million tons as of the same date in 2023, agriculture ministry data showed on Wednesday. The total volume included…
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended gains for a third consecutive session on Thursday, buoyed by higher rates for the larger vessel segments. The overall index, which factors in…
Boluda Towage has acquired Les Abeilles International, a provider of emergency response services primarily off the Atlantic and Mediterranean coasts of France. The acquired company will now operate as Boluda Towage France. Its six French-flagged vessels will be added to…
The Swedish-headquartered company will start work on constructing 1,700 sq metres of additional space in autumn this year to allow for continued growth. The aim is to increase manufacturing capacity for existing products and as well as new developments it…
CMA CGM is warning customers that a salvage operation has been ordered for one of the containerships it has on charter for the Asia-West Africa service. Full details on the extent of the fire have not been released but in…