Daily Standup Top Stories The Myth of the Inevitable Rise of a Petroyuan June 11, 2024 Stu Turley In diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the […]
In diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the king of Saudi Arabia in December, both nations issued lengthy readouts extolling the burgeoning Saudi-Sino relationship in […]
The TikTok ban shows how decisions end up rushed—after being ignored. The same decision can be smart at the right time or disastrous at the wrong time. The recent passage of a bill that forces […]
Danish liner giant Maersk has lifted the lower end of its full-year guidance as it expects the robust box market amid Red Sea disruptions to continue into the second half of the year. The Copenhagen-based […]
Tepid demand for diesel and other distillate products such as heating oil has had traders competing for storage tanks on the U.S. East Coast to wait out the current market weakness, Reuters reported on Tuesday, quoting data […]
Containerships travelling between Asia and the Mediterranean emitted 63% more emissions in the first quarter than in Q4 last year thanks to the ongoing Red Sea shipping crisis, according to new data from Xeneta, a […]
Shipping has to contend with new danger zones following Iran’s attack on Israel over the weekend and the hijacking of the 15,000 teu MSC Aries. United Nations secretary-general Antonio Guterres urged warring parties to “step […]
Washington and London have limited trading of Russian aluminum, copper, and nickel on their exchanges Washington has banned the import of Russian-origin aluminum, copper, and nickel into the US, and coordinated with the UK to […]
Prices could rise to a level that will constrain demand OPEC regained control of the market, says Sebastian Barrack Global oil markets are on track to be “extremely tight” in the second half, with prices […]
Abu Dhabi’s AD Ports Group has entered into a preliminary agreement with the General Company for Ports of Iraq (GCPI) to establish a joint venture to develop Al-Faw Grand Port and its economic zone. The […]
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