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API: Marine shipping demand slow in October

Marine shipping activity and residual fuel oil demand were supported by US importers who were building inventory ahead of the holiday season. This activity was also supported by efforts to deal with escalating tariffs from the trade war between USA and China. However, marine shipping was slow in October, while the Baltic Dry Index was less by 5.5% between September and October.

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A subsea flowline separation the cause of SeaRose FPSO oil spill

It has been confirmed by the operating company, Husky Energy, that a separated subsea flow line connection has caused the oil spill in Newfoundland, Canada and operations at the SeaRose floating production, storage and offloading vessel will remain suspended after the extreme weather late last week. The current estimate of volume spilled remains at 250,000 litres or 1,570 barrels.

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Northern Bering sea and Bering Strait threatened by increasing ship waste

The northern Bering Sea and Bering Strait region has been an ecological, cultural, and economic center for Yup’ik, Cup’ik, St. Lawrence Island Yupik, and Inupiaq peoples for millennia. Yet, recently, a combination of factors, including less sea ice and more trade and resource development, has resulted to an increased vessel traffic in the region led by huge cargo vessels, tugs, and research vessels, and is expected to continue growing.

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Bunkering terminal to be built in Sardinia for IMO 2020 fuels

Saras will construct new bunkering terminal at its plant in Sardinia in order to market a cleaner marine fuel with even lower sulphur content which will be compliant with the IMO 2020 global sulphur limit. The Italian energy provider is investing in infrastructure that will allow ships to dock outside its 300,000-barrels-per-day Sarroch refinery in Sardinia to directly load ultra-low-sulphur marine fuel oil.

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