March 16, 2023
Via: Container NewsGlobal bunker indices showed a downward trend during the 11th week of the year, according to Marine Bunker Exchange (MABUX). In particular, the 380 HSFO index fell to US$471.61/MT, the VLSFO index decreased to US$641.41/MT and the MGO index declined […]
September 15, 2022
Via: FreightWavesDiesel futures prices have made a stunning downturn in the past few days as signs of weakening demand in the U.S., rising inventories that have developed as a result and reports of Chinese exports have hit the once high-flying market. […]
October 22, 2021
Via: Transport TopicsSupply chain bottlenecks at the ports and rising prices for certain goods are indicative of the administration’s inability to respond to the COVID-19-era economy, a large contingent of congressional Republicans told President Joe Biden. Concerns about the leap in fuel […]