World News
Investors Eye Digital Supply Chain Potential
Innovation in the logistics space continues apace with three firms securing investor interest over the last week, suppy-chain news provider the Loadstar reports.
ClearMetal, which claims to bring an Amazon experience to global freight transportation, has received $15 million from Palo Alto-based Eclipse Ventures bringing its total capital invesment to $31 million. The company achieved 400% income growth last year, the report said.
Meanwhile, London-based supply chain and trade finance company Envoy Group which uses blockchain technology, has received $13 million from Alcedo Digital Ventures while fine art specialist and digital forwarder Convelio has raised $9 million in a financing round after a year in which its turnover increased by 300%.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 556.00 | 9.50 | 674.00 | 4.50 |
| Rotterdam | 507.00 | 5.00 | 663.50 | 12.50 |
| Houston | 549.50 | 2.50 | 677.00 | 5.00 |
| Fujairah | 548.50 | 7.00 | 748.50 | 4.50 |
| Global 20 Ports Average | 580.00 | 3.50 | 761.00 | 1.50 |
| Global 4 Ports Average | 540.00 | 6.50 | 691.00 | 6.50 |
| Global Average Bunker Price | 625.50 | 7.00 | 809.50 | 1.50 |
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