MABUX: Bunker Price Volatility Expected to Persist
The global bunker market continues to exhibit pronounced volatility amid the escalating conflict in the Middle East, which is disrupting global supply chains and contributing to widespread bunker fuel shortages across all major hubs. Over the past week, bunker indices have…
S. Korea: Securing Crude Oil Proves More Difficult Amid Supply Hurdles
The domestic petrochemical industry has breathed a sigh of relief following an emergency injection of 27,000 tons of Russian naphtha. However, analysis suggests this volume, equivalent to only 3-4 days of domestic consumption, is insufficient to dispel fears of a supply chain…
Megan Peterie Aurora’s trade marketing manager APAC & EMEA
She joins from Flight Centre Travel Group and has experience working with several cruise lines.
Veteran PRPA, Fairview terminal executive to lead Prince Rupert port
Kurt Slocombe will guide the Western Canadian port in completing a transload and logistics facility while attempting to create a boom in commodity exports and recover volume share lost during the COVID-19 pandemic.
RailFreight: SNCF and CMA CGM CEOs meet to discuss Rail Logistics Europe sale
RailFreight.com reports: Rail Logistics Europe (RLE), which groups the rail freight subsidiaries of the SNCF Group, will be (partly) privatised. After days of rumours, interest from CMA CGM was confirmed by a meeting between the head of the two companies, Jean Castex and Rodolphe
US Crude Trade at Record After Trump Promises to Continue Attacking Iran
Front-month U.S. crude oil futures were trading at their largest-ever premium over the second-month contract on Thursday as traders scrambled for barrels after U.S. President Donald Trump vowed to continue attacking Iran.Widening backwardation…
EXCLUSIVE: More pain at Ceva is MSC’s delight? Two other top execs out – sources
To fully understand how difficult the freight market is nowadays for Ceva Logistics, and what drives (read: hinders?) its business, you must read our previous take from last week – headed: ‘Ceva treads (Ebit) water…‘ The first quarter numbers tell the story. (Based on some of the
Jump in diesel prices alone not enough to boost intermodal fortunes – analyst
While the price of fuel has historically served as a tailwind for modal conversion, in and of itself, it is insufficient to guarantee success, writes Ted Prince.
US Trade Deficit Widens in February As Imports Offset Record Exports
The U.S. trade deficit widened in February as a rebound in imports offset strong growth in exports, which increased to a record high, potentially keeping trade on track to subtract from economic growth in the first quarter.
Cosco launches Incheon-North Africa used car shipping service
Cosco Shipping Specialised Carriers, the Chinese group’s multipurpose arm, yesterday launched a regular service to ship used cars from Incheon to North Africa in containers. This is a first between Incheon and North Africa, an emerging market for secondhand cars, with the main…