Asia Fuel Oil-Arbitrage spreads hammered as barge spreads soar

The front-month East-West (EW) arbitrage spread sank to a near two-week low on Friday making fresh arbitrage...

Dwindling Russian HSFO flows push NWE barge spreads to one-year high

A structural decline in Russian fuel oil exports, combined with a slow recovery in refinery runs after maintenance season in the country, are being felt on the supply side in Northwest Europe, pushing the front-month FOB Rotterdam 3.5% barge swap to minus

HIT tops Pearl River Delta barge throughput in 2015

Despite the slow and inexorable decline in throughput at the Port of Hong Kong, leading operator Hongkong...

Triyards inks $22m oil barge contracts with CPC Corp

Singapore-listed Triyards has bagged contracts to build two oil barges for CPC Corporation. ...

Shenzhen Brightoil Shipping sells bunker barge newbuilding

Bunker supplier Shenzhen Brightoil Shipping has transferred ownership of a bunker barge newbuilding to its...

Crowley’s Jensen Maritime develops two new LNG bunker barge concepts

Crowley Maritime subsidiary Jensen Maritime today announced the development of two new, LNG bunker barge concepts that can be fully customised to meet a client’s unique needs. ...

Fire erupts in four barge collision in Houston

Four barges collided, and one carrying a cargo naphtha caught fire, closing the Intracoastal Waterway near Bolivar Peninsula in Texas on Monday. ...