Supply chain challenges continue to worsen, exacerbated by higher levels of port congestion and shipping delays at ports in Shanghai and elsewhere in China due to Covid-19 lockdowns. Coupled with ongoing congestion at ports elsewhere in the world and l…
Container shipping situation worsens due to congestion, delays, and empty containers Read More »
Russia’s seaborne crude oil flows are trying to find new destination countries, while the US has already set an embargo on Russian oil. The E.U. is in the process of discussions for final approval by all member countries in the next six months with wav…
Russia’s Seaborne Oil Flows Changing Patterns Read More »
Leading chief economists have warned of a “substantial restructuring” of supply chains over the next three years, with both diversification and localisation expected. “Global supply chains have been increasingly redrawn over the past years, including t…
Supply chains set for “substantial” restructure Read More »
Crude prices are higher, especially for light/sweet fuel grades A month ago, Brent futures were around $105/bbl and there were real concerns about inflation, much slower economic growth and downwards revisions to oil demand. Despite these bearish signa…
Bunker market shifts focus to supply concerns – Will this last? Read More »
The rise in crude oil prices that followed the Russian invasion of Ukraine is clearly seen in bunker fuel surcharges. Across all trade lanes, the average fuel surcharges have risen close to 50%, reaching almost USD 600 per FEU. Xeneta’s fuel surc…