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Monthly Archives: December 2024

Houston’s Volumes Surge to Best Month of Year

Port Houston Container Volumes Up 24% in November.Port Houston is on track to close 2024 as one of its most successful years to date, handling 3,799,573 twenty-foot equivalent units (TEUs) through November—a 9% increase over the same period last year.
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NW Europe Fuel oil Imports at 3-year High

A rush to replenish scarce supply of high-sulphur fuel oil (HSFO) pushed Northwest European imports of residual fuel oil to their highest in three years in November, analysts told Reuters.The Amsterdam-Rotterdam-Antwerp (ARA) area, Europe's main tradin...
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Ukraine blames Russia for Black Sea oil spill

Ukraine said on Monday Russia was to blame for a major oil spill in the Kerch Strait that leads into the Black Sea, accusing Moscow of breaking navigation safety rules by using old tankers and keeping two vessels at sea during a storm.A Russian oil tan...
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Baltic Index sees Fourth Consecutive Weekly Loss

The Baltic Exchange's dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, recorded its fourth consecutive weekly decline on Friday, dragged down by losses across all vessel segments for the week.The ...
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Trump Signals Support for ILA Dockworkers

U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.The ILA and the United…
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Authorities Attempt to Reopen Germany’s Mosel River

Navigation authorities will attempt to install a temporary lock system on the river Mosel in west Germany this weekend to enable the river, an important route for grains and rapeseed shipments to and from Germany and France, to reopen to cargo…
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Sweden: New Offshore Wind not Commercially Viable

Developing offshore wind projects off Sweden's coasts is not commercially viable currently, a government commission tasked with reviewing and speeding up the system for authorizing new wind parks said on Friday.The commission recommended that…
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