Global tanker rates are likely to recover in the fourth quarter of 2021 as easing…
Shipping
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…
Commonwealth LNG in late-stage talks with customers for US project: CEO
Commonwealth LNG is close to finalizing supply deals that would cover more than half of…
Hapag-Lloyd Ship Reportedly Boarded in Oakland as Part of Oil Spill Investigation
The U.S. Coast Guard inspected a containership in the Port of Oakland suspected as a potential vessel of interest in the Southern California oil spill, the Los Angeles Times reported…
Dash for Gas Sparks Oil Switch, Pushes More Suppliers to Brink
By Noah Browning and Susanna Twidale LONDON, Oct 7 (Reuters) – Soaring gas prices are forecast to drive a switch to oil and put more energy suppliers in Britain out of business,…
Forecasters See No Supply Chain Recovery Before End of Next Year
By Mike Wackett (The Loadstar) – Hopes of a return to some form of normality in global supply chains after Chinese New Year in February have been dashed by analysts. Both…