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Taiwanese Liner Operators Shell out on Fleet Growth
Aug 13, 2024 ... business development," the company said in a statement. The other shipping company involved in buying ships is Wan Hai Lines, according to the Journal of Commerce. Both firms have posted ...
Oil Gains For The Week As Traders' Hopes Of U.S. Rate Cuts Ramp Up
Aug 9, 2024 ... other oil news on Friday, shipping sources and data suggested that Iran has found new buyers of its crude oil, with cargoes recently tracked to move to Oman and Bangladesh; despite the ...
INSIGHT: Glander to Promote Insetting Through Smart Freight Centre Membership
Aug 9, 2024 ... organization in early June, seeking to work with its network and the Sustainable Freight Buyers Alliance to further maritime decarbonization. The organization is dedicated to launching ...
Maersk Backtracks on LNG Skepticism in Large-Scale New Ship Order Plans
Aug 7, 2024 ... that option was also a possibility in the past when the firm was steadfastly against the idea of buying gas-fuelled tonnage. This is not the first time that the company has had a change of heart ...
Deal in Offing to Revive Dormant Durban Refinery: Report
Aug 6, 2024 ... in the first year post-sale of the 180,000 barrels per day refinery. CEF is in the process of buying the Durban plant for a nominal sum, according to the report. South Africa has six ...
Trafigura Consortium to Buy French Refinery
Aug 5, 2024 ... French refinery and two terminals will change hands following an agreement between buyer Rhone Energies and and seller Esso. Rhone Energies is a consortium comprising Trafigura and Entara and ...
GRM Sees Hedging Opportunity in Brent Crude Prices Below $80
Aug 5, 2024 ... Global Risk Management sees the recent drop in crude markets as presenting an opportunity for buyers to hedge their exposure for the coming year. ICE Brent futures have dropped by around ...
Sonan Bunkers Hires Bunker Trader in Dubai
Aug 1, 2024 ... financing package from HSBC. In early July the firm took on a new trading manager in Dubai, Guyson ...
Iran's Vow To Strike Israel Causes Oil To Jump Over 4%
Aug 1, 2024 ... spring and summer. China and India are likely to feel the export cuts most keenly since they buy more than 80 percent Russian seaborne crude ...
Chimbusco Pan-Nation Hires Senior Bunker Trader in London
Jul 31, 2024 ... Chimbusco Pan-Nation as a senior bunker trader in London in March, serving as the firm's lead buyer for Africa, he said in an update to his LinkedIn profile on Tuesday. Hardy had previously ...