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Ukraine Conflict and EU’s Ban on Russian Oil Products Drive Surge in Product Tanker Orders

The war and Ukraine and EU’s ban on Russian oil products is driving product tanker rates higher, contributing to a surge in newbuild orders.  The product...

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European Council Adopts ‘FuelEU Maritime’ Regulation to Help Combat Ship Emissions

The European Council has adopted the so-called ‘FuelEU maritime’ regulation to help increase the use of renewable and low-carbon fuels in the maritime shipping...

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Europe Gas Rises With Supply Risks as LNG Cargoes Idle at Sea

Liquefied natural gas stored on ships jumped to its highest level since May in a sign that weak demand and high inventories in Europe are pushing the fuel...

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