The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Friday to post a weekly gain on higher capesize vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was up 65 points, or 4.8%, at 1,418, its highest in four …
Baltic Index Posts Weekly Gain On Higher Capesize Rates Read More »
Europe witnessed a 10% increase in crude oil imports in May 2025, likely due to refineries completing maintenance ahead of schedule, boosting crude demand. This period also saw a notable change in import origins, with a decrease in volumes from the United States. Crude imports from West Africa, especially Nigeria, are estimated to have surged …
The international steel market is experiencing a period of upheaval, as escalating excess capacity and market-distorting policies continue to reshape global trade flows. The May 2025 OECD Steel Outlook 2025 report casts the trade stresses in a sobering light, highlighting a surge in exports driven by surplus production and intensification of trade disputes. The report …
The Big Star, a huge tanker with 2.1 million barrels of Russia’s ESPO Blend oil onboard, has been waiting near China in a potential sign of weaker demand for the crude in the region, LSEG data showed and two traders said on Friday. Many state oil companies in China are wary of potential secondary sanctions …
Huge tanker with Russian ESPO oil waits near China as demand sags Read More »
Columbia Group has welcomed the UK government’s announcement to link its emission trading system with the EU and is urging other countries to follow suit. Philippos Ioulianou, Managing Director of EmissionLink, member of Columbia Group, believes this move is a milestone moment in the journey of decarbonisation and shows real progression in reducing regulatory fragmentation, …
Margins for high sulphur fuel oil logged weekly declines in Asia amid sell-offs, while very low sulphur fuel oil (VLSFO) was largely rangebound, data showed on Friday. Prompt-month cracks for 380-cst HSFO (FO380BRTCKMc1) closed at premiums of about $2.25 a barrel, down 40% from the previous week. The cracks reached fresh highs near $4 a …
Today, Hapag-Lloyd announced a strategic restructuring of their Africa organizational setup across the continent. The changes align with the company’s Strategy 2030 and its commitment to growing Africa as a key focus market. The company’s current Area setup will change from two to four Areas, with the intention of securing a broader and stronger presence …
Hapag-Lloyd Strengthens Africa Presence with New Organizational Setup Read More »
Esta actuación, que incluye la sustitución del cerramiento del acceso al Puerto, cuenta con un presupuesto de licitación de 1,6 millones de euros y un periodo de ejecución de diez meses. El presidente de la Autoridad Portuaria de Santander (APS), César Díaz, ha explicado que la intervención, “que constituye un claro ejemplo de colaboración en …
María B. ASUNCION MASIA Master Internacional en Administración Marítima y Portuaria (MIAMP) Master in Business Administration Técnico Superior en Comercio Internacional ESPAÑA 1. DESCRIPCIÓN DE UNA TERMINAL DE CONTENEDORES Vamos a estructurar este apartado en tres partes. En la primera parte, realizaremos una descripción de una terminal de contenedores mostrando los diversos subsistemas que la …
La agencia de naves Ian Taylor concretó con éxito la atención portuaria del buque rompehielos y de investigación científica Nathaniel B. Palmer, perteneciente al programa antártico de la National Science Foundation (NSF) de Estados Unidos. Esta operación logística, inédita para la empresa, se realizó en el puerto de San Vicente, Talcahuano, con el objetivo de …
