Indonesian coal miner PT Multi Harapan Utama, or MHU, has halted operations at its mine located in East Kalimantan province after an accident, multiple sources told S&P Global Commodity Insights Sept. 13. The company did not respond to a request for comment. MHU produces 4,600 kcal/kg, 5,500...
Sellers of Gorgon and Wheatstone LNG have told at least one Japanese buyer that their LNG supply will not be affected by the escalating industrial action at the Australian facilities, a source with the Japanese buyer told S&P Global Commodity Insights Sept. 13. The Offshore Alliance, an alliance...
Middle East diesel exports to Europe are climbing again after hitting an eight-month low in July as reduced stockpiles, refinery maintenance and a seasonal upturn in demand the during winter are expected to require more supplies in Europe, as Russia remains off-limits because of the war in Ukraine,...
Stockpiles of oil products at the UAE’s Port of Fujairah climbed 4.5% in the week ended Sept. 11, the first increase in four weeks from a 17-month low a week earlier, according to latest data from the Fujairah Oil Industry Zone. Total inventories rose to 16.717 million barrels as of Sept. 11, after...
The bulk carrier Gingo has become the first capesize ship to sail the Northern Sea Route, according to Russian media reports. Separately, a non ice-strengthened tanker is currently conducting a…
By Marianna Parraga Sept 12 (Reuters) – The Panama Canal could further reduce the maximum number of vessel transits authorized per day if a drought that has hit the waterway…
https://gcaptain.com/drought-hit-panama-canal-could-further-reduce-daily-transits/
By Mike Wackett (The Loadstar) – The tenth London International Shipping Week (LISW) got under way yesterday with well-attended panel discussions at venues across the city, and – unsurprisingly – even…
The Panama Canal Authority (ACP) has suspended bookings for super vessels through Sept. 30 in its latest measure to remove a drought-related backlog waiting to traverse the canal.
The largest backlog is in the super category, vessels that carry 4,000-5,000 twenty-foot equivalent units, because they do not qualify for the authority’s reservation system. Suspending these bookings enables the super vessels without reservations and the longest wait times to travel through the canal on a...
(Bloomberg) — Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology company will focus on revenue growth and becoming profitable again…
https://gcaptain.com/petersen-returns-to-revive-flexport-profits-trade-for-all-goals/
ASUNCION, Sept 11 (Reuters) – Argentina must collect tolls on a crucial waterway, the country’s energy chief said on Monday after meeting with Paraguayan officials, as a multi-nation conflict over fees for…
https://gcaptain.com/argentina-insists-on-key-river-tolls-amid-criticism-from-neighbors/