The Oct. 6 trading day was a historic day on the European wholesale market, and…
Shipping
CONTAINER PREMIUMS: North Asia-to-USWC rates lower as short-term capacity relieves supply shortfalls
North Asia-to-US West Coast all-inclusive rates continued to edge down in the week ended Oct.8…
Britishvolt plans 60 GWh Canadian gigafactory in Quebec
UK battery maker Britishvolt is planning on building a second gigafactory in Quebec, Canada with…
US Crude Oil Tops $80 for First Time Since 2014 as Energy Crisis Threatens Supplies
By Julia Fanzeres (Bloomberg) — U.S. crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at a time when OPEC+…
SHIPPING: Global tankers Q4 freight, earnings to rise as demand strengthens
Global tanker rates are likely to recover in the fourth quarter of 2021 as easing…
KAZAKHSTAN DATA: September crude output up 9.8% at 1.38 mil b/d
Kazakhstan produced 5.69 million mt of crude in September, equivalent to 1.38 million b/d, according…
Trade Review: Iron ore prices remain under pressure from Chinese demand shock
This report is part of the S&P Global Platts Metals Trade Review series, where we…
172 Patrick Verhoeven, Managing Director at International Association of Ports and Harbors (IAPH)
What is the future role of a port?
According to Patrick Verhoeven and the IAPH, Smart, Autonomous, and Integrated is the signum of a future port.
Listen to Patrick talking about what areas the trade association for ports around the world has identified as focus areas moving forward.
- Bunkering – alternative fuels, which and how much?
- Onshore power – cold ironing ports
- Incentives – how politicians can support
- Efficiency – optimal port call
I am eagerly waiting for your feedback! Drop me a line at h...
Yet another worry: Price of ship fuel is now highest since 2014
Commodity prices are surging around the globe, so it should come as no surprise: Marine fuel is getting a lot more expensive. That’s bad news for ship operators’ bottom lines, and, in the container business, yet another headache for cargo shippers.
Marine bunker prices are “soaring,” said Alphatanker on Thursday. “This has not just impacted 3.5% [high-sulfur fuel oil or HSFO] but also 0.5% VLSFO [very low sulfur fuel oil].
“There are expectations that crude, and therefore marine fuel, could move...
https://www.freightwaves.com/news/yet-another-worry-price-of-ship-fuel-is-now-highest-since-2014
Former Mauritian Port Chairman Bribed by Boskalis Gets Jail Term Extended on Appeal
Former Mauritius Ports Authority Chairman has had his 2019 conviction upheld and sentence extended by the Mauritian Supreme Court. By Vel Moonien in Mauritius Thirteen years after an investigation was launched…