ABS Chairman and CEO Christopher J. Wiernicki was honored by The Seamen’s Church Institute (SCI), receiving the 2025 Silver Bell Award for lifelong service and outstanding leadership in the maritime industry.SCI is a nearly 200-year-old charity…
ABS’ Wiernicki Honored with Silver Bell Award Read More »
Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices jumped as much as 13% to their highest…
Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil Read More »
Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations following Israel’s military strikes…
Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions Read More »
At the “Shaping the Future of Shipping” summit held this week in Athens, Greece, Emanuele Grimaldi, Chairman of the International Chamber of Shipping (ICS), delivered a sobering yet forward-looking address that underscored the profound challenges…
A ‘Period of Phenomenal Upheaval’ says ICS Chief Grimaldi Read More »
The collective scramble to move as much physical copper as possible to the U.S. before the imposition of import tariffs is creating shortages in the rest of the world.London Metal Exchange (LME) stocks have fallen to nearly two-year lows with…
Commodity Report: Scramble to Import Copper Creates Market Imbalance Read More »