Bunker prices remain unchanged from yesterday's $273. Courtesey of Cockett Marine Oil
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Industries such as paper and pulp, steel, glass, aluminium, ceramics and the fast-moving consumer goods sector are particularly vulnerable.
The first day’s discussions centred on headwinds to global growth and the supply, demand and fiscal risks to growth and inflation.
Extreme factors drove demand and led to exceptional growth levels in 2024.
Stress management will be added to India’s maritime curriculum under an agreement with the International Transport Workers’ Federation.
Since November 2023, over 100 ships have been attacked, prompting substantial rerouting of shipping traffic around Africa.
As the Chinese Lunar New Year approaches, container activity across the Asia-Pacific region is slowing.
Imports have surged in recent months and the rally is now being fuelled by fears of Trump’s proposed tariffs.
The e-CO system is expected to reduce time and costs associated with obtaining traditional certificates.
Applications for slots in Phase 1 will remain open until February 7.
Oil spill response craft have been deployed to the site of the salvage operation.