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  • 2022 June 30 09:16

    Crude oil futures rise amid heightening geopolitical tension

    Oil prices climbed by 0.23%-0.29%

    As of 30 June 2022, 08:50 (UTC+3), Brent Crude futures for September settlement were trading 0.29% higher at $112.78 a barrel on the London-based ICE Futures Europe Exchange.

    Light Sweet Crude (WTI) futures for August delivery rose by 0.23% to $110.03 a barrel.

    Crude oil futures are rising amid heightening geopolitical tension. The exchange market also responds to the EU-Iran nuclear talks ending without progress and to Libya's  suspension of oil shipments from its key ports.


2022 August 8

18:37 Seaway 7 signs Letter of Award to commence early works on Moray West inter-array cables
18:01 Acceptance testing for all three Baltic Pipe compressor stations in Poland is now complete
17:53 First ship with agricultural products from Ukraine arrives at the port of destination
17:36 International Marine Contractors Association issues burial at depth measurement guidance
17:06 Rhine water level falls again in Germany - Reuters
16:57 The number of wagons transported through the Port of Baku increased by 25.8%
16:24 EXMAR sells floating liquefaction unit to Eni
16:12 Ten men arrested for illegal transaction of marine gas oil at the port of Singapore
15:59 Tank container for LNG developed by Uralcryomash
15:46 Strikes announced at port of Felixstowe as company fails to make acceptable pay offer
14:41 LNG bunker prices near record high - Splash
14:23 Completion of ferry for Vanino-Kholmsk line can be postponed to 2023
13:54 Japan's INPEX demands US$970mn in damages from DSME - BusinessKorea
12:56 Port of HaminaKotka cargo turnover in January-July 2022 fell by 2% YoY
12:21 Bahri partners with Aventra Group
12:17 VSC commences handling new regular container service operated by SITC to S. Korea, China and Vietnam
11:44 NYK to build its fourth LPG dual-fuel very large LPG / NH3 carrier
10:58 Russian President bans unfriendly countries from transactions involving shares in hydrocarbon projects
10:41 Japan companies to establish Maritime and Ocean Digital Engineering Cooperation Program at the University of Tokyo
10:04 Geoizol wins tender for construction of infrastructure at Pionersky passenger terminal
09:16 Crude oil futures rise after a fall on August 5
08:57 MABUX: No firm trend in Global bunker market on Aug 08

2022 August 7

15:13 BPA calls for companies to join the Busan Port Overseas Market Expansion Project 2022
14:27 Wan Hai Lines holds online ship naming ceremony for new vessels
11:53 Keppel announces termination of contracts
09:49 INEOS at Grangemouth backs bid for Forth Green Freeport

2022 August 6

14:36 Announcement on execution of agreement regarding establishment of JVC with TOYO
12:31 Borr receives LOI for jack-up drilling rig
10:23 RightShip to acquire  Thynk Software’s maritime tech business

2022 August 5

18:27 Carnival Corporation upgrades global fleet with fuel- and energy-saving technology
18:07 Yilport breaks all-time container handling record in H1 2022
17:50 IAA PortNews’ summary of past week news
17:23 UK authorities give green light to the sharing agreement between P&O Ferries and DFDS
17:06 Montagu acquires Lloyd’s List from Informa
16:57 A. P. Moller - Maersk to acquire Danish company Martin Bencher Group
16:37 Three more ships receive the green light to leave Ukraine’s Black Sea ports on Friday
16:29 Throughput of port Kavkaz in 7M’2022 fell by 22% Y-o-Y to 12.5 million tonnes
16:13 Russia to spend $30 billion on Northern Sea Route by 2035 - Reuters
15:24 Yang Ming names new 11,000 TEU vessel, ‘YM Throne’
15:06 Shipping faces investment obstacles in low-carbon marine fuels - S&P Global
14:44 NSR development plan foresees completion of sea terminal for Pavlovskoye deposit development in 2025-2026
14:02 Kawasaki receives an order for an 86,700 m³ LPG-fueled LPG/ NH3 carrier
13:31 Two new ferries started delivering cargo from the port of Temryuk to the Turkish port of Samsun
13:12 Wilhelmsen joins industry partners to launch innovation competition to drive Diversity, Equity, and Inclusion
12:53 Kawasaki receives order for steam turbine generator from Taiwan
12:20 Tokyo MoU and Paris MoU launch joint concentrated inspection campaign ON STCW
12:06 Russia orders to set up new operator of Sakhalin-2 LNG project in three days - S&P Global
11:42 Railway link with Lugaport terminal opens in the port of Ust-Luga
11:20 Kalmar received order from Yilport for a total of 27 new mobile equipment
11:08 Austal Australia delivers 2nd Evolved Cape-class Patrol Boat to the Royal Australian Navy
10:27 WTI futures show fluctuations below $89 per barrel
10:06 Sinopec Fuel Oil remains China's top bunker supplier - S&P Global
09:45 Draft law on NSR passage regulations for foreign warships submitted to RF State Duma
09:28 ICTSI net income up 50% to US$294.5mln in H1 2022
09:07 CargoWise and ZIM connect to improve customer experience
08:57 MABUX: Global bunker prices may continue to decline on Aug 05
08:18 ABS publishes industry leading metadata best practices to support marine and offshore operations
06:34 Russia's Gazprom says other Nord Stream gas turbines also face sanctions block - S&P Global

2022 August 4

18:30 Naval Architect selected for UC San Diego’s new California coastal hybrid-hydrogen research vessel
18:04 International Chamber of Commerce calls for cautious optimism as markets begin to stabilise