French wheat exporters expect to ship 2.5 mln tonnes to Morocco by June 2024

Morocco is expected to buy 2.5 million tonnes, or half of its soft wheat needs, from France this season ending June 2024, Yann Lebeau, Maghreb region head at French wheat professionals group Intercereales, said. France has already shipped 1 million tonnes to the drought-hit country this summer,...

https://www.hellenicshippingnews.com/french-wheat-exporters-expect-to-ship-2-5-mln-tonnes-to-morocco-by-june-2024/

Southeast Asia is set to drive up demand for natural gas — it’s where ‘all the action’ will be

Southeast Asian countries are expected to be key demand drivers for the LNG market by 2030, industry watchers say. Trade in global liquefied natural gas rose to a record in 2022, fueled largely by a surge in demand from Europe as the region moves away from relying on Russian pipelines following...

https://www.hellenicshippingnews.com/southeast-asia-is-set-to-drive-up-demand-for-natural-gas-its-where-all-the-action-will-be/

India buys less September-loading Urals, Turkey more -sources, LSEG

India’s share of Russian Urals oil shipments in September declined from August amid refinery maintenance, while Turkey increased purchases due to a shortage of sour barrels in the Mediterranean, according to traders, LSEG data and Reuters calculations. Urals, KEBCO and Siberian Light grade loadings...

https://www.hellenicshippingnews.com/india-buys-less-september-loading-urals-turkey-more-sources-lseg/

Russian oil companies to ask President Putin for export ban to be lifted : report

Russian oil companies are planning to ask President Vladimir Putin for the export ban on diesel and gasoline to be lifted as it could lead to problems on the domestic market, the daily Kommersant reported. Oil companies are concerned that refineries, which cannot ship their summer diesel, may not...

https://www.hellenicshippingnews.com/russian-oil-companies-to-ask-president-putin-for-export-ban-to-be-lifted-report/

Sea-Intelligence reports major misalignments on ocean carrier carbon taxation

As we are around three months away from the implementation of carbon taxation (ETS) in the European Union (EU) and everyone agrees that this will be a high cost, there is significant uncertainty as to the precise cost.

Presently, only two carriers, Maersk and Hapag-Lloyd, have in recent weeks announced indications of these coming surcharges.

“There are many methodological problems in how to calculate the cost of ETS per container, given how the EU regulators have deemed to define the ETS, and...

https://container-news.com/sea-intelligence-reports-major-misalignments-on-ocean-carrier-carbon-taxation/

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