Africa at a crossroads The commissioning of phases 1 and 2 of the expanded MPS Terminal in Tema, Ghana, marks more than the completion of a major infrastructure project. It signals how African economies can strengthen their position in global trade and compete...

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A new pragmatism is settling over shipping as it reviews its options on decarbonization for 2026, with the focus firmly on investing in fuel efficiency and flexibility. As any with a passing interest in shipping’s decarbonization journey will be aware, the Marine...

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Marine insurance rates have fallen significantly for Red Sea transits while rising for transits in the Black Sea, several insurance and security sources told Platts, highlighting changing security dynamics in the regions. Following the latest Israel-Hamas ceasefire in...

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Clean LR2 LR2 performance in the MEG weakened this week. The TC1 75kt MEG/Japan index began at WS183.33 and then slid steadily to WS158.89 by week’s end.A voyage west on TC20 90kt MEG/UK-Continent also took a dive. The run started at $4.55 million and fell away to...

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