The crisis in the Red Sea region has sent the cost of ocean freight shipping spiralling as the market continues to react to vessels being forced to avoid the Suez Canal. Analysts at Xeneta, the leading ocean and air freight rate benchmarking and intelligence platform, predicted rates could increase...
Asia’s middle distillates markets slipped for the first time in three weeks on Friday, amid slightly thinner spot trading liquidity in the open trading market towards the end of the week and overall uncertainty on Red Sea shipping issues. Cracks and prices both surged earlier in the week following...
NASDAQ-Adv: 3,159 Dec: 1,132 NYSE-Adv: 3,176 Dec: 0,870 (Source: Nasdaq) Wall Street’s main indexes gained on Friday after a key inflation reading came in softer than expected, boosting recent investor optimism that the Federal Reserve could lower borrowing costs next year. The personal consumption...
https://www.hellenicshippingnews.com/stock-market-snapshot-for-23-12-2023/
By Nick Wadhams (Bloomberg) The Biden administration heralded a prisoner swap with Venezuela on Wednesday as a diplomatic breakthrough between two adversaries. But the big prize was a defense contractor nicknamed…
https://gcaptain.com/heres-how-ncis-captured-fat-leonard-again/