Lithuania is set to receive a liquefied natural gas (LNG) cargo from Norway's Snohevit LNG plant at the end of February, according to ship-tracking data on Reuters Eikon. The 160,000-cubic-metre-capacity tanker Golar Seal is expected to arrive at the port on Feb. 28, based on an estimated sailing speed of 15 knots. (Reporting by Nerijus Adomaitis
Tankers anchored off Europe, extend voyage seeking buyers; outlook dim as imports to the region rise. A jet fuel market in Europe saturated by imports from Asia and the Middle East has forced sellers to keep their oil offshore on tankers or chose longer voyages as they seek out buyers. Jet fuel and diesel stocks in Europe have been steadily building as refineries around the world operate at near-maximum capacity to benefit from a rare run of strong profit margins driven mainly by global
Oil exports from Iran, OPEC’s second-largest producer, may drop because the nation’s tanker fleet is too small to carry all its cargoes, as European Union sanctions cause international ship owners to avoid the country. NITC owns 39 vessels, able to carry about 70 million barrels of crude, according to its website. The fleet would be insufficient to deliver the nation’s monthly exports of about 65 million barrels because journey durations can be as long as two months
A tanker delivered a cargo of disputed crude oil from Iraqi Kurdistan's new pipeline for the first time on Friday in Israel, despite threats by Baghdad to take legal action against any buyer. The SCF Altai tanker arrived at Israel's Ashkelon port early on Friday morning, ship tracking and industry sources said. By the evening, the tanker began unloading the Kurdish oil, a source at the port said.
Aden Refinery temporarily suspends tender process to import; Gasoil shipment headed for Yemen diverted towards Singapore. SINGAPORE, April 9 (Reuters) - At least four oil and natural gas tankers that were headed to Yemen have been diverted as chaos mounts in the country after the launch of Saudi-led air strikes last month, according to industry sources and ship tracking data. Fighting in Yemen is scaring off shippers and has forced the country's liquefied natural gas (LNG) export plant
The Philippines said on Saturday it had seized a North Korean freighter that was covered by harsher United Nations' sanctions against Pyongyang over its nuclear programme. Manila will also deport the vessel's 21 North Korean crew and will await a U.N. inspection team from the United Nations, foreign ministry spokesman Charles Jose said in a text message. "In compliance with the United Nations resolution, the North Korean ship in Subic will be impounded and not allowed to leave port
Barely a day after Libya's National Oil Corp (NOC) lifted force majeure at Hariga port, two refiners are already preparing to pick up Sarir crude from storage over the next two weeks, trading and shipping sources said on Friday. The Aegean Dignity is on subjects - meaning final arrangements are being made- to load crude at Hariga around April 15-16, sources said. Reuters AIS Live ship tracking showed the tanker with orders to sail to Libya.
Britain's Isle of Grain liquefied natural gas (LNG) import terminal will test whether it can also export supply by loading a quantity of fuel onto inbound tanker Asia Vision on Thursday, a spokeswoman for operator National Grid said. This month National Grid outlined plans to add a reload system for small vessels at Europe's biggest import facility and launched an open season to gauge demand. The system will allow imported LNG to be loaded back on to different ships for onward delivery
Tankers laden with diesel heading from the U.S. Gulf Coast to Europe are turning around in mid-ocean as European storage is nearly filled to the brim. At least three 37,000 tonne tankers - Vendome Street, Atlantic Star and Atlantic Titan - have made U-turns in the Atlantic ocean in recent days and are now heading back west, according to Reuters ship tracking. It is unclear if the tankers will discharge their diesel cargoes in the Gulf Coast or will await new orders
At least two tankers booked in recent days; Gasoline stocks at record high in Europe, U.S. Traders have begun storing gasoline on tankers off the coast of Europe as land storage tanks near maximum capacity, the latest sign of increasing stress in the refined oil products market. While demand for gasoline and its blending components was exceptionally high last year, particularly in the United States and China, a seasonal dip in demand has caused large product build-ups in the Atlantic
Traders prep rare East Coast gasoline exports; cargoes already sailing with exported distillates. Traders are preparing to export cargoes of coveted gasoline from the U.S. East Coast after months of heavy importing and local production swamped the region.
IBM and Danish transport company Maersk said they were working together to digitize, manage, and track shipping transactions using blockchain technology. The technology, which powers the digital currency bitcoin, enables data sharing across a network of individual computers
A North Korean cargo vessel called Kum San sank off the east coast of China early on March 9 after colliding with a Chinese fuel tanker, which rescued 27 crew members, the Ministry of Transport said in a statement on Monday. The collision took place near the port of Lianyuanhang in
At least ten North Korean ships have arrived at a Chinese port after being stranded for the past three weeks following the top global coal consumer's ban on imports of the fuel from its isolated neighbour, a report said on Friday. Six North Korean merchant vessels
Three bulk carriers sold charter-free at about market rates. Two Hanjin container ships also up for sale. Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more vessels are up for sale, ship brokers said on Wednesday, kicking off an asset sale sparked by the failure of the
Britain's first shale gas delivery from the United States sailed into a heated European political debate on fracking on Tuesday and immediately ran into its first practical problem - the Scottish weather. The huge "Ineos Insight" tanker had entered the Firth of Forth at sunrise
Chinese iron ore imports rose in September, according to Reuters data, as its steelmakers ramped up output in the face of global trade tensions about the country's steel exports. Thomson Reuters Supply Chain and Commodity Forecasts data showed 82
Improving maritime security through surveillance monitoring and communication systems is on the agenda at an IMO seminar in Kuala Lumpur, Malaysia (24-27 October). The event is supporting senior officials from ten east-Asian coastal states
The world of AIS can be confusing to newcomers and experienced professionals alike. What is AIS? What data does it gather? How can it help my business? Do I need AIS if I don’t have a business? Class A or Class B transponders? Do I actually need it? There’s a plethora of questions from
Russian tankers have smuggled jet fuel to Syria through EU waters, bolstering military supplies to a war-torn country where Moscow is carrying out air strikes in support of the government, according to sources with knowledge of the matter.
• Safmarine’s new app will help manage shipments and track cargo on the move • App to speed up the process of documentation and also offer information such as Schedules, change of destination and more
Maersk Line today launched a mobile app to manage and track cargo on the move. This app will allow users access to comprehensive information on shipments, track cargo in real time, check schedules, changes in destination and documentation.
Tankers diverted in mid-Atlantic to Med; in rare arbitrage, cargoes from Europe into Med. At least one tanker carrying diesel en route to New York has been diverted in the mid-Atlantic to the Mediterranean, where freezing weather from North Africa to the Balkans has boosted demand for
A Norwegian shipping firm on Thursday denied a tanker it manages had violated a European court ruling after Western Sahara's Polisario movement accused it of illegally transporting an oil cargo through disputed territory it claims. The Polisario independence movement this week called on the
Vodafone announced today that it is working with Navico, an international marine electronics company, to bring global connectivity to Navico’s GoFree product suite. Using the Vodafone Global Internet of Things (IoT) SIM, GoFree can provide boaters, fleet managers