Thursday, August 21, 2025
Tags Organization of the Petroleum Exporting Countries (OPEC)

Tag: Organization of the Petroleum Exporting Countries (OPEC)

OPEC production cut extension sees bunker price uptick

The main driver for bunker prices this week is the decision by the Organization of the Petroleum Exporting Countries (OPEC)+ alliance regarding further oil...

Oil market uncertainty remains while fuel prices are stable

With Covid-19 rising in many large oil markets uncertainty about the future of oil’s fundamentals remains unusually high, according to  Marine Bunker Exchange (MABUX),...
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Nearly all StarOcean’s original newbuildings sold

Almost all the dozen 1,800 TEU container ships that Chinese feeder operator Starocean Marine commissioned as newbuildings at Yangzijiang Shipbuilding during the COVID-19-fuelled boom...

Bunker Indices extend modest decline

Global bunker indices tracked by Marine Bunker Exchange (MABUX) continued their moderate downward trend. The 380 HSFO index fell by US$3.35, moving closer to...

NWSA YTD container volumes rise 3.5%

The Northwest Seaport Alliance (NWSA) reported a 3.5% increase in year-to-date (YTD) container volumes through July. Total volumes reached 249,578 TEUs for the month,...

Panama Cabinet approves FY2026 Canal Budget

The Panama Canal’s budget for fiscal year 2026 has been approved by the Cabinet Council, totaling B/.5.2072 billion. The plan covers the period from...
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