Hapag-Lloyd AG, the German international shipping and container transportation agency has announced it has ordered 75,000TEU containers, which will be manufactured in China and delivered within the fourth quarter of 2021.
Global hydrocarbons companies and traders are bracing for higher volatility in fuel markets as they expect refiners to process more light crude oil in the lead-up to new rules aimed at slashing the use of dirty high-sulfur fuel oil in global shipping.