
Maersk Line to Change Fuel Adjustment Surcharge ahead of 2020 Sulphur Cap
World’s largest container shipping company Maersk Line is planning to introduce a new fuel adjustment...
85 pct of world’s refiners have no plan for shipping fuel change – KBC
Just 15 percent of the world’s refineries know how they will manage tighter rules on the amount of sulphur...
European Products Imports: A Change Of Pace?
Europe is a major importer of oil products, accounting for over 30% of global seaborne products imports last...
Touted sea change in Indonesia shipping network may hit choppy waters
With its towering new cranes and wharves that can handle some of the world’s biggest ships, Indonesia’...
Port of Rotterdam is anticipating climate change
Right now, Rotterdam’s port area is effectively protected against floods. While most of the port area is situated outside the dikes, these port sites are elevated relatively high above sea level and are partly protected by storm surge barriers. Only under
Buhari’s Change of Tack in Nigeria Delta Boosts Oil Output
When militants in Nigeria’s southern Niger River delta started attacking oil installations, President Muhammadu Buhari promised to crush them by force. A year and $7 billion in lost oil exports later, his decision to switch tack by negotiating with the fi
Paradigm Change? HMM Teeters on Brink of Viability Due to Global Shipping Firms’ M&A Movement
The stock price of Orient Overseas International Ltd., the parent company of Hong Kong-based ocean carrier Orient Overseas Container Line, have jumped more than 20 percent at the Hong Kong stock market over the beginning of the year. The figure was also u