Discounts
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Marine World
Soaring Freight Rates Give US Refiners Edge As Crude Discounts Widen
By Vallari Srivastava and Sumit Saha Nov 6 (Reuters) – The Iran conflict has sent tanker rates soaring, forcing sellers to deepen…
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Marine World
Traders Push for Discounts for Venezuelan Oil as Shipping Costs Soar
Global oil trading firms Vitol and Trafigura are pushing for steeper discounts on Venezuelan crude oil as rising freight rates…
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Marine World
Carrier Discounts Push Container Spot Rates Lower Ahead of August GRIs
By Gavin van Marle (The Loadstar) – Container spot freight rates on the transpacific and Asia-Europe trades saw another week…
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Maritime News
Russian Oil Exporters Struggle to Stay Afloat as Discounts Deepen
Discounts on Russian oil at export terminals have once again approached historic highs, putting pressure on exporters’ trade profits amid…
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Maritime News
Russian Urals Discounts in India Triple Since August as US Sanctions Hit
Discounts for Russian flagship Urals crude in Indian ports have tripled since August against dated Brent as U.S. sanctions drive…
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Marine World
China Buying Sanctioned Russian LNG at Deep Discounts
LONDON/SINGAPORE, Nov 19 (Reuters) – Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August…
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Marine World
Transpacific Spot Rates Split as Discounts Emerge
Container spot freight rates on the main east-west deepsea trades saw some uplift this week from the 1 November general…
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Marine World
Cruise Lines Offer Summer Discounts as Ships Crowd the Caribbean, Alaska
By Doyinsola Oladipo NEW YORK, May 30 (Reuters) – Cruise operators Royal Caribbean, Carnival and Norwegian Cruise Line Holdings are discounting summer itineraries as they look…
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Marine World
Steep Discounts, New Vessels Spur Demand for LNG to Power Ships
SINGAPORE, April 24 (Reuters) – Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices, while…
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