Bunker Oil & Shipping Channel
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Serbia eyes favorable conditions for future Russian gas imports: Vucic
https://www.hellenicshippingnews.com/serbia-eyes-favorable-conditions-for-future-russian-gas-imports-vucic/

Serbia hopes to be able to secure favorable terms for future gas imports from Russia once their current arrangements expire at the end of May, Serbia’s President Aleksandar Vucic said following a meeting in Moscow on May 9 with Russian President Vladimir Putin. Serbia remains largely dependent on Russian gas imports delivered via the TurkStream ...
Export restrictions on critical raw materials rise sharply amid growing demand
https://www.hellenicshippingnews.com/export-restrictions-on-critical-raw-materials-rise-sharply-amid-growing-demand/

New OECD data shows export restrictions for critical raw materials are becoming increasingly widespread as demand surges, driven by the green and digital transitions and rising concerns over economic security. The OECD Inventory of Export Restrictions on Industrial Raw Materials offers key insights for policymakers and stakeholders to help identify less restrictive ways to meet ...
US farmers say Brazil still has edge in China’s soybean market despite trade truce
https://www.hellenicshippingnews.com/us-farmers-say-brazil-still-has-edge-in-chinas-soybean-market-despite-trade-truce/

A surprising tariff pause between Beijing and Washington will not help U.S. farmers gain soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage. Under the truce announced on Monday, the U.S. will cut extra tariffs it imposed on Chinese imports to 30% from 145% for the ...
Trade truce won’t resurrect China’s imports of US energy
https://www.hellenicshippingnews.com/trade-truce-wont-resurrect-chinas-imports-of-us-energy/

The move by the United States and China to reduce import tariffs on each other and negotiate has been broadly welcomed by markets, but the de-escalation will do very little to restore the trade in energy commodities. The truce between the world’s two largest economies will see the United States lower its tariffs on imports ...
Deals signed with Saudis, possible deal with Iran soothed geopolitical tensions.
The biogas plant will produce 120 GWh of liquified biogas annually.
A range of senior and junior roles are on offer despite recent difficulties in the market, Vernon Jayanathan tells Ship & Bunker.
Nordic Investment Bank will grant a €45 million loan to co-finance the construction of four vessels.
New Fortress Energy charters FSRU for LNG terminal in the Dominican Republic
https://splash247.com/new-fortress-energy-charters-fsru-for-lng-terminal-in-the-dominican-republic/

US-based LNG player New Fortress Energy has executed a three-year charter agreement for the Energos Freeze FSRU with Energía 2000 in the Dominican Republic. The 125,000 cu m floating storage and regasification unit will be deployed to Energía 2000 LNG import terminal in Pepillo Salcedo (Manzanillo) port and is expected to commence operations in September …
AD Ports Group expands presence in Kazakhstan
https://splash247.com/ad-ports-group-expands-presence-in-kazakhstan/

Abu Dhabi’s AD Ports Group is expanding its business in Central Asia, signing with KazMunayGas (KMG), the national oil company of Kazakhstan, to build four shallow-draft containerships designed for use on the Caspian Sea, each with a capacity of 780 teu, and contemplating investing with KMG in up to four aframax tankers. Additionally, preliminary heads …
CMA CGM launches seafarer recruitment site
https://splash247.com/cma-cgm-launches-seafarer-recruitment-site/

Acknowledging the challenges in sourcing the right numbers of staff at sea, French liner giant CMA CGM has launched CMASHIPS.com, the company’s first global seafarer recruitment website. The site is an open gateway for seafarers from around the world to apply for positions aboard CMA CGM vessels. It brings together all the group’s agencies, subsidiaries, …
Vitol and Grindrod winding down bunkering firm Cockett
https://splash247.com/vitol-and-grindrod-winding-down-bunkering-firm-cockett/

Vitol and Grindrod have decided to close down their bunkering business, Cockett. The joint shareholders of the marine fuels and lubricants trader said the operation will be wound down in an orderly manner. Cockett will continue to fulfil all its existing obligations to both suppliers and customers but it will not take on any new …
Maersk welcomes new European source of e-methanol
https://splash247.com/maersk-welcomes-new-european-source-of-e-methanol/

The world’s first commercial-scale e-methanol plant began operations in Denmark yesterday, with Maersk set to buy part of the production. The Kassø e-methanol facility in Aabenraa, Denmark, developed by European Energy and operated in collaboration with Mitsui & Co, has an annual production capacity of 42,000 tonnes and operates entirely on renewable energy sources. Situated next to Northern Europe’s …
HMM expects persistent market volatility despite strong quarterly results
https://www.lloydslist.com/LL1153455/HMM%20expects%20persistent%20market%20volatility%20despite%20strong%20quarterly%20results?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

Trade tensions, vessel oversupply, and geopolitical risks have clouded future prospects, said the South Korean carrier