Ports Australia Risk & Resilience Conference – Speaker Peter Creeden

Bunker prices are elevated. The new Gulf conflict has tightened energy markets and pushed fuel costs back to levels where every nautical mile matters commercially.

Australia’s container terminal revenue model is undergoing a fundamental structural change. Recent data indicate that transport operators have become the primary source of terminal revenue.

Ten weeks after the United States and Israel targeted Iran, which responded by closing the Strait of Hormuz to commercial traffic, the global oil market