Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Can Africa Become An Oil Products’ Exporter?

Africa has been a perennial laggard, when it comes to refining capacity and hence a viable market for oil products. In its latest weekly report, shipbroker Gibson said that “the history of African refining is chequered, to say the least. Of the many refinery developments that have been announced over the past decade, most stalled ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

Asia-US container rates mixed, remain pressured by congested Asian ports, persistent demand

Rates for shipping containers from east Asia and China to the US were mixed this week but continue to face upward pressure amid congested Asia ports and persistent demand, evidenced by rate increases…

  • Asian US container rates mixed, still pressured by Asian port congestion
  • CMA CGM to impose $4,000/FEU peak season surcharge Oct 1st
  • Rates at highest since mid-2022, 2% increase Shanghai to LA

More from Sunday 13 September →