“It is very encouraging to hear the initiatives being taken to address delays and costs.” – Lance Pullan.
Oil demand remains resilient as affordability slows the global energy transition.
Many ports still rely on diesel-powered machinery and lack green bunkering infrastructure.
Cargo destined for West Africa is trans-shipped to Lagos in nine days.
Major incidents, defined as losses above €100 000, averaged more than €775 000.
Overall demand from the region to the US increased by 6% year on year.
The bank and the ports operator have settled their ongoing litigation without admission of liability.
ICFF research ensures the workforce is not only technically competent but also adaptable.
Continuing demand into January and beyond is expected to sustain firmer rates.