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Dec 21, 2023 ... from using Suez and taking longer routes around Africa instead.
"Our sourcing operation already reports rising demand in African ports, whereas the operations in ARA and Asia seem less ... |
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Dec 21, 2023 ... marine fuel supplier and trading firm Monjasa is already seeing a boost to sales in West Africa from ships plotting longer voyages to avoid the Suez Canal and Red Sea.
The firm has already ... |
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Dec 20, 2023 ... cleaner energy sources continues to rise.
"It is essential to recognize that the situation is dynamic and subject to change due to various independent variables."
Panama, Suez Disruptions ... |
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Dec 20, 2023 ... or $505,320 if it travels around the Cape of Good Hope, business development executive Paul Hardy said in a note to customers on Tuesday.
The increase in costs for the longer route is 39.8%, ... |
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Dec 19, 2023 ... for or how much higher will prices go from here on, just on the back of this factor alone."
Muddying the analytical waters further was the now familiar disclosure from the American Petroleum ... |
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Dec 19, 2023 ... with authorities, industry bodies and all relevant counterparts,"
The company has already diverted several vessels, and at present has no more ships in the area, it said.
"The company ... |
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Dec 19, 2023 ... this sailing ship also has generators and a main engine.
"After an extensive study with the help of a student from the TU Delft University, we were certain that HVO30 fuel was the ... |
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Dec 19, 2023 ... operated by other members as soon as possible."
MSC, Maersk, CMA CGM and Hapag-Lloyd have already made similar announcements for their container fleets. In the tanker markets BP and Euronav have ... |
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Dec 18, 2023 ... and bolstering regional security and prosperity," Austin said.
Several warships are already operating in the region, and more are set to arrive this week.
The operation is likely to ... |
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Dec 18, 2023 ... other segments may follow the boxships' lead. Tanker firms Maersk Tankers and Euronav have already reportedly instructed that all new charters must come with the option of avoiding the Red Sea ... |