Page 23 - List Intelligence News Today

Venezuelan crude exports, which previously went to India, could head to China instead. Product imports that previously came from the US will be sourced from Russia or Iran. While US product exports, which previously went to Venezuela, could go to Brazil and Mexico

The war in Gaza and actions in Yemen have seen protests against events in the region. One group is now threatening to disrupt trade to make its feelings known

Former chairman Li Yibo resigned in the past week and is reportedly under investigation by China’s anti-graft authority

IMO adopts resolution to recommend cargo screening measures to help identify criminal trades

Open-loop scrubber discharge will be banned from July 2025 with closed-loop following in 2029

Results come as Red Sea blockade helped to absorb substantial available box shipping capacity, thereby shoring up freight markets

Move expected to ease congestion at compatriot Colombo, which is widely used by major carriers to connect European cargo to the Middle East Gulf via feeders after Red Sea disruption

Piracy levels in the Gulf of Guinea continue to decline, while ‘opportunistic’ crime in the Singapore Strait could have unintended consequences, according to a report

With only weeks to go before the May contracts start on the transpacific, indications are that carriers will reach break-even at best with larger customers

Positive demand signals for tankers sees global oil demand trimmed by Paris-based energy agency to 103.2m barrels per day in 2024