Bunker prices are down $14 from last week’s $290 to $276 today. Courtesey of Cockett Marine Oil
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Transport sector leaders will focus on resolving burning issues facing the industry at the upcoming conference.
The outlook for container shipping was even more uncertain now than it was at the onset of the Covid virus.
Maersk has implemented a new digital connectivity platform aboard its fleet for cargo tracking.
US trade officials have repeatedly warned Vietnam to crack down on transshipment practices.
The platform reports Gemini’s all arrivals (AA) rate for the first quarter of 2025 as 90.3% and 85.7% for trade.
The Houthis reportedly informed the US administration that they “don’t want to fight anymore."
Dornay Swartz, projects manager at Africa Union Cargo Namibia, says work in the DRC paved the company’s way in West Africa.
Siva Pather, managing director of Land and Sea Risk, says the real challenge extended far beyond the criminal incidents.
The stricken vessel will be adrift for two weeks by the time salvage help arrives.
The country has reduced rates nationwide with the exception of charges for commercial operators.
Global economic recession concerns and an oversupply of crude oil are placing pressure on prices.
