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ITS Logistics January Supply Chain Report: Recession Risks Heighten for US Economy as Consumer Confidence Decreases for Second Consecutive Month

ITS Logistics released the January ITS Supply Chain Report, revealing the U.S. economy was relatively stable last month but faced several headwinds. The job market remained strong, and inflation cooled significantly, but concerns about core inflation, higher interest...

Panama’s president says there will be no negotiation about ownership of canal

Panama President José Raúl Mulino said Thursday there will be no negotiation with the United States over ownership of the Panama Canal, and he hopes U.S. Secretary of State Marco Rubio’s upcoming visit will allow them to focus on shared interests including migration...

Mitsui O.S.K. Lines: Seasonality to Keep Capesize Dry Bulk Rates Down During the First Quarter

The following is a summary of business conditions including revenue and ordinary profit/loss per business segment. (A)Dry Bulk Business The Capesize bulker market rates remained firm in October and November, due to steady iron ore shipments from Western Australia and...

Maritime shipping bunkered slightly less fuel in Rotterdam in 2024, but demand for LNG rose by 52 percent

Last year, maritime shipping bunkered 9.8 million tonnes of fuel in Rotterdam, a moderate decrease from 9.9 million tonnes in 2023. In 2024 the demand for fuel oil, marine gas oil, and other fuels was 0.9 percent lower than in 2023. It was notable that the demand for...

Asia Fuel Oil: Hi-5 Crunches To Narrowest In More Than Five Years

Asia’s hi-5 fuel oil spread crunched to its narrowest in over five years, based on LSEG data, as the market for very low sulphur fuel oil (VLSFO) continued to weaken, while high sulphur fuel oil (HSFO) strengthened. The hi-5, which reflects the premium of VLSFO over...

Shipowners consider preparing ships for future decarbonizing retrofits: MPC Capital

With uncertain commercial environments for alternative bunker fuels amid tightening environment regulations, some shipowners with conventional vessel orders are planning to defer the decision on which fuel to use and instead preparing for future retrofits to cut...

ITS Logistics January Supply Chain Report: Recession Risks Heighten for US Economy as Consumer Confidence Decreases for Second Consecutive Month

Panama’s president says there will be no negotiation about ownership of canal

Mitsui O.S.K. Lines: Seasonality to Keep Capesize Dry Bulk Rates Down During the First Quarter

Maritime shipping bunkered slightly less fuel in Rotterdam in 2024, but demand for LNG rose by 52 percent

Asia Fuel Oil: Hi-5 Crunches To Narrowest In More Than Five Years

Shipowners consider preparing ships for future decarbonizing retrofits: MPC Capital

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