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Feature: LR1 Tanker Rates Surge; Europe Ullage Issues, Naphtha Demand From East
Nov 6, 2015Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
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CEOs Added Their Voice Over The Weekend to a Growing Chorus Calling for Obama
Nov 25, 2014CEOs from the ports of Seattle and Tacoma added their voice over the weekend to a growing chorus calling for President Barack Obama to assign federal mediators to resolve contract negotiations between the Pacific Maritime Association and ...
Tags: Pacific Maritime Association, International Longshore, Sporting Goods
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Pakistan Textile Exports Is Hurted by Transporters' Strike
Feb 5, 2013Troubles do not seem to be ending for textile millers in Pakistan, as while the energy crisis issues still continue to bother them, they are now faced with a strike by transporters. In fact, cargo handling operations at Port Qasim and ...
Tags: Transporters, Pakistan, Textile Exports
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Iraq Has Sweetened The Terms for Oil Contract Buyers
Jan 25, 2013Reuters reports that Iraq has sweetened the terms for oil contract buyers and is becoming more competitive on pricing. Oil Minister Abdul Kareem Luaibi [Elaibi], who met customers in Vienna last month on the sidelines of the OPEC meeting, ...
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Loading and Unloading Activities Remained Stopped at Benapole Land Port
Dec 20, 2012Bangladesh Auto Re-Rolling&Steel Mills Association in a statement said that loading and unloading activities remained stopped at Benapole land port since December 10th,as laborers went for a strike on various demands,creating many reasons ...
Tags: Labors Strike, Benapole, demurrage
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Iraq's State Oil Marketing Organisation Has Finalized a Term Deal
Dec 14, 2012Iraq's State Oil Marketing Organisation has finalized a term deal to buy up to 1.097 million tonnes of gasoil for delivery next year from Swiss trader Vitol and oil major BP. Traders said that the company has agreed to pay a premium of ...
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Aptma Urges Pak Govt Is Planning to Resolve Transport Strike
Dec 14, 2012Chairman All Pakistan Textile Mills Association (APTMA) Ahsan Bashir has urged the government to intervene and resolve the ongoing strike of the goods transporters, seriously affecting supply chain and cash flows of industry. Thousands of ...
Tags: APTMA, strike, goods transporters, export