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Houston Port

Global bunker prices drop as Ship & Bunker G20-VLSFO Index hits four-year low

Bunker prices mostly declined at ports worldwide on Friday, pushing the global average price of Very Low Sulfur Fuel Oil (VLSFO) to its lowest...

Grades mixed as refinery demand falls, rig count slips

Grades were mixed on Friday, dealers said, as refinery demand weakened while the domestic oil rig count fell. Mexico’s national oil company Pemex completed the...

First oil flows from offshore project in Southeast Asia ahead of schedule

Vietsovpetro, the Vietnam–Russia joint venture (JV), has brought online a wellhead platform at a field off the coast of Vietnam, Southeast Asia. The Vietnam National...

LNG and LPG Shipping Markets Steadied Last Week

LNG It has been a quiet week in the LNG market, with activity levels subdued and rates largely trading sideways. Limited fresh enquiry and balanced...

HD KSOE Launches New LPG Cargo Handling System

South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has commercialised a new LPG cargo handling system (CHS) that boosts reliquefication efficiency by...

BUNKER PRICES: G20-VLSFO Index Drops to Lowest Level Since April 2021

Bunker prices mostly sank at ports around the world on Friday, with global average VLSFO prices returning to their lowest level in four and...

Trump tariff threat pushes oil to five-month low

(Corrects Brent’s settlement at lowest since May 7, not May 5, in paragraph 3) By Erwin Seba HOUSTON (Reuters) -Brent and U.S. crude futures fell more...

Divergence Trends! Global Container Trade Demonstrates Strong Resilience

Image Source: Maersk According to Shipping Exchange news, multiple data sources confirm that global container trade is demonstrating strong resilience, with robust import demand from...

Yang Ming will carry out restructuring to improve customer service in the U.S.

Yang Ming (America) Corporation (YMA), the general agent in the U.S. for the parent shipping company, announced an organizational restructuring to provide better...

Renewables co-processing now ‘less attractive’: P66

Houston, 10 October (Argus) — Major changes in US trade and renewables policy this year have made investing in more biofuel capacity uneconomical for...
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