Bahrain Steel terminal prepares for Newcastlemax operations

Bahrain Steel, a producer and supplier of high-grade iron ore pellets, and APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, have completed a study which aims to identify opportunities to raise standards of safety and efficiency, and ultimately increase volumes, at Bahrain Steel’s Port Terminal. 

Bahrain Steel’s Deputy General Manager of Shipping, Captain Madan Mathew, says, “With Bahrain Steel Port Terminal operating at full capacity, the simulation study has helped in...

https://www.themaritimestandard.com/bahrain-steel-terminal-prepares-for-newcastlemax-operations/

QatarEnergy signs LNG carrier time charter contracts with three Chinese shipping companies

QatarEnergy signed April 29 long-term time charter party agreements with three Chinese shipowners for the operation of nine new, ultra-modern LNG ships with a capacity of 271,000 cu m each, as part of its historic LNG fleet expansion program, the company said. The nine ships are part of 18 QC-Max...

https://www.spglobal.com/platts/en/market-insights/latest-news/lng/043024-qatarenergy-signs-lng-carrier-time-charter-contracts-with-three-chinese-shipping-companies

Singapore’s LSFO arbitrage inflows from West seen shrinking in May

Singapore’s low sulfur fuel oil arrivals from the West are expected to shrink by a sizeable volume in May as shipping companies continue to avoid the Suez Canal amid ongoing attacks on ships in the Red Sea, thus rendering the arbitrage economics unviable. Singapore — the world’s largest bunkering...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/043024-singapores-lsfo-arbitrage-inflows-from-west-seen-shrinking-in-may

USGC expected to see steady HSFO imports from Mexico amid rise in production

As Mexico continues to see HSFO output surge and exports hit record highs, the US Gulf Coast is poised to remain the primary recipient of cargoes for the foreseeable future, sources said April 29. The most recent company data from Pemex – the Mexican state-owned energy producer – shows fuel oil...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/042924-usgc-expected-to-see-steady-hsfo-imports-from-mexico-amid-rise-in-production

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon