Historic Dockworker Strike Disrupts U.S. Ports: Economic and Trade Impacts
Dockworkers at all major US East and Gulf coast ports have initiated a strike for the first time in nearly 50 years, impacting 36 key ports that manage up to 50% of US trade. Container and auto shipments have been halted, while energy supplies and bulk cargo remain unaffected. The strike is jeopardizing $2.1 billion […]
Oil Market Sees Volatility Amid Libyaโs Production Resumption and Middle East Tensions
Global oil prices dropped by more than 60 cents per barrel this morning following Libyaโs announcement to resume oil production. This decision comes after the appointment of a new central bank governor, signaling a potential increase in oil supply. The resumption of Libyan oil production is a critical development, especially for traders and stakeholders in […]
Preparing for Potential ILA Strike: How TBF Can Help You Navigate Fuel Market Volatility
We approach the potential strike by the International Longshoremenโs Association (ILA), possibly starting at 12:01 AM on October 1st, 2024. This strike would impact all East and Gulf coast ports, affecting 85,000 ILA members and leading to potential disruptions in major trade lanes, which would affect the flow of goods and oil prices. The turbulent […]
Happy Chuseok From The Bunker Firm!
Wishing you all a joyous Chuseok filled with peace, prosperity, and quality time with loved ones. ๐๐ก This cherished Korean holiday is a time of family reunions, honoring ancestors, and celebrating the bountiful harvest. ๐พ๐ Happy Chuseok! ํํ์ ๋ฒ์, ๊ทธ๋ฆฌ๊ณ ์ฌ๋ํ๋ ์ด๋ค๊ณผ ํจ๊ปํ๋ ์์คํ ์๊ฐ์ผ๋ก ๊ฐ๋ํ ํ๋ณตํ ์ถ์ ๋ณด๋ด์๊ธธ ๋ฐ๋๋๋ค. ๐๐ก ์ด ์์คํ ํ๊ตญ ๋ช ์ ์ […]
Another New Hire at The Bunker Firm in Fredericia
Weโre happy to announce that Ersin Dagyaran has joined as Bunker Trader for our European region! ๐ With a robust background in economics and business administration, Ersin brings expertise and skillset to strengthen our team and support our mission forward. Weโre confident that his expertise and enthusiasm will deliver remarkable results to our stakeholders. His […]
New Hire at The Bunker Firm in Red Bank
Weโre thrilled to introduce the newest addition to The Bunker Firm family: Mr. Ryan Stark. Join us in welcoming Ryan as he steps into his role as Junior Trader at our Red Bank, New Jersey office. With his passion for the maritime industry and his drive for excellence, Ryan is poised to make waves in […]
