Asia Distillates-Jet fuel cracks post weekly drop, front-month spread widens

Asian refining margins for jet fuel climbed on Friday, while front-month spread for the aviation fuel widened its contango amid market concerns that demand would likely remain muted through the first half of 2020. Refining margins, also known as cracks for jet fuel, crawled up to $2.86 a barrel...

https://www.hellenicshippingnews.com/asia-distillates-jet-fuel-cracks-post-weekly-drop-front-month-spread-widens/

Port of Hamburg Marketing provides information on the effects of the coronavirus

The coronavirus has become a dominant global concern. A challenging situation to which everyone must adapt. The Port of Hamburg as well as its key market regions and inland supply chains are also affected by COVID-19. Port of Hamburg Marketing (HHM) collects all relevant news in cooperation with...

https://www.hellenicshippingnews.com/port-of-hamburg-marketing-provides-information-on-the-effects-of-the-coronavirus/

Long Beach Port: Evening gates to start at 7 p.m., allows time for extra cleaning between shifts

Truck gate hours for the evening shift will start at 7 p.m., effective immediately, until further notice, at all terminals in the ports of Long Beach and Los Angeles. The evening shift – also known as the second shift — will also end one hour later, at 4 a.m. Scheduling the second shift to run …

https://www.hellenicshippingnews.com/long-beach-port-evening-gates-to-start-at-7-p-m-allows-time-for-extra-cleaning-between-shifts/

Bulgarian ports first in the Black Sea region to benefit from Wärtsilä Sea Traffic Management concept

The technology group Wärtsilä is assisting Bulgaria to become the first country in the Black Sea region with an integrated vessel traffic management and information system (VTMIS). The project represents a practical implementation of the Wärtsilä Sea Traffic Management (STM) concept, the global...

https://www.hellenicshippingnews.com/bulgarian-ports-first-in-the-black-sea-region-to-benefit-from-wartsila-sea-traffic-management-concept/

Permian production already a victim of oil price war, says GlobalData

Following the announcement that several key operators in the Permian Basin are significantly reducing capex or production in their positions as a result of the severe oil price fall; Adrian Lara, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “Of all the...

https://www.hellenicshippingnews.com/permian-production-already-a-victim-of-oil-price-war-says-globaldata/

Supply chain Stakeholders alert President von der Leyen about their disapproval of the Consortia BER extention

We, CLECAT, ETA, ESC, ETF and FEPORT, on behalf of thousands of European freight forwarders, tug owners, shippers and port companies and terminals and transport workers, have sent a letter to the President of the Commission, Ms Ursula Von der Leyen to express our strong disapproval of the decision...

https://www.hellenicshippingnews.com/supply-chain-stakeholders-alert-president-von-der-leyen-about-their-disapproval-of-the-consortia-ber-extention/