By Sam Chambers The ongoing war between Iran and the US/Israeli coalition has pushed bunker prices into record territory Ship&Bunker reports the average global price for standard IFO380 heavy bunker fuel reached $841.50 a ton yesterday, eclipsing the previous record of $760. By comparison, the average price for the fuel was $456 last month. In Singapore,… Read More
Shipping traffic at major Belgian ports has been disrupted after sea pilots and maritime traffic controllers extended their strike action on Tuesday. According to the Agency for Maritime Services and Coast (MDK), the protest has slowed ship movements, with only essential safety staff on duty. At present, 26 ships are waiting in the North Sea…. Read More
The Vancouver Fraser Port Authority wants to deepen the navigation channel at Burrard Inlet to allow tankers going through it to carry more oil. The proposal has prompted environmental concerns, but Charlotte Olson with the port authority said dredging the inlet could boost trade. Connect with CBC British Columbia online: Website: https://www.cbc.ca/bc Source
The Port of Vancouver handled record cargo volumes last year including exports, as terminals and supply chain partners enabled Canadian businesses to connect with overseas customers and grew access to non-U.S. markets in support of national trade priorities. Exports of grain, crude oil and potash led the way—all hitting record levels—while containerized and auto trade… Read More
Only two vessels not linked to Iran or Russia have made the “chicken run” through the strait of Hormuz since Donald Trump said he would “ensure the free flow of energy to the world”, according to maritime records. One of those that braved the journey since the US president’s announcement of emergency measures on Friday went “dark” by… Read More
