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Source: Cathay Petroleum and Brazil's Prio in a marketing agreement

Posted to Maritime Reporter on September 26, 2025

A trading executive who has direct knowledge of this deal confirmed that the Asian trading firm Cathay Petroleum had agreed to an annual marketing deal for Brazilian crude oil throughout the Asia-Pacific region on behalf of independent producer Prio.

Cepsa reports that Hafnia Nile tanker involved in the fire was carrying naphtha imported from Spain.

Posted to Maritime Reporter on July 23, 2024

According to the Spanish oil company Cepsa, the oil tanker Hafnia Nile was loaded with naphtha from the energy park of the company in Huelva. Cepsa received a report from Hafnia, the shipowner of the vessel involved in the collision near the island Pedra Branca on the South China Sea.
Trite but true, the path to decarbonization has no ā€˜silver bullet’ solution.
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