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...The latest Houthi attack — on a vessel working for commodities trader Trafigura in the Gulf of Aden — has pushed up fuel tanker rates and diesel prices, with shipping executives and oil market analysts forecasting...
...Flex LNG, operator of the Flex Volunteer, an LNG carrier that had been due to sail through the affected area, said on Monday that the vessel’s charterers had ordered it to divert via the Cape of Good Hope...
...Candela claims that the vessel, which seats up to 30 passengers, has a top speed of 30 knots, a range of 50 nautical miles and cuts operational costs in half compared with conventional diesel boats....
...“The second stage turned out to be a very good year for the diesel business, which means that the seller got a very good price....
...use of sails on a midsized vessel....
...But as companies prepare to meet stricter emissions rules, Bauer said he expected ships would at some point need to be refitted to run on hydrogen rather than diesel....
...A version of this article was first published by Nikkei Asia on January 3. ©2023 Nikkei Inc. All rights reserved....
...EU sanctions and the G7 price cap were both extended on Sunday to include Russia’s exports of refined fuels such as diesel and petrol....
...“Vladimir Putin is also the CEO of Russia Oil Inc and he understands the dynamics of the market very well,” Yergin said....
...Essential, the Singaporean operator of the Ruby Phoenix, one of the seven vessels, said: “We have from our counterparts the necessary attestation that the cargo in question complies with the price cap regulations...
...Now these vessels can't be tracked. They go dark. The vessels are almost ghost vessels. They live at sea without going into port for months at a time. My name is Hugh Griffiths....
...On Friday, a vessel laden with liquefied natural gas will land in Massachusetts — but the federal law preventing foreign vessels sailing between US ports means the gas will come from Trinidad, not the US...
...The world’s two biggest data centre operators are stockpiling generator fuel as the energy crisis sparked by Russia’s invasion of Ukraine threatens winter power blackouts across Europe....
...For journeys of up to 450 miles, employees who choose not to fly or drive their own petrol or diesel car can claim an extra half day’s leave; for longer journeys they can claim a full day....
...Letter in response to this article: Cut red tape for utilities, grid and charger operators / From Jean Bernard Lévy, President, Eurelectric, Brussels, Belgium...
...In Europe, electric car sales overtook diesel last year, while in Norway more than 80 per cent of new cars sold are battery-driven....
...Its ports subsidiary is now among the world’s top three largest port operators....
...A vessel said to be owned by Roman Abramovich left a Turkish marina after a Financial Times report that the port’s UK-listed operator risked violating sanctions....
...Shipping groups such as Denmark’s AP Moller-Maersk, the world’s largest container shipping line and vessel operator, Swiss-Italian MSC, Germany’s Hapag-Lloyd and CMA CGM of France have struggled to deliver...
...Among the companies to make big orders was Taiwan’s Evergreen, the operator of the Ever Given, which ordered 20 vessels with 15,000 TEU capacity last month, according to regulatory filings....
...The 5,500-mile network delivers petrol, diesel and jet fuel from refineries on the Gulf of Mexico to markets on the US east coast....
...The act otherwise prohibits non-US-flagged vessels from doing so....
...On a daily basis it pumps 2.5m barrels of gasoline, diesel, jet fuel and heating oil from Texas refineries to main hubs including Atlanta, Washington and New York....
...ExxonMobil, operator of the Fawley oil refinery near Southampton, originally said the vessel had been scheduled to call there on Monday to collect a cargo of gasoline, but later retracted the statement saying...
...And although deals are still happening — Fred Olsen, for example, last month bought two vessels from Carnival-owned Holland America Line for an undisclosed sum — the market is shrinking as smaller operators...
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