Part 7/10:

The challenges faced by these mariners underline the critical role of seafarers in global trade and point to systemic failures within the industry to uphold their rights and well-being. As labor shortages loom and supply chains become increasingly strained, addressing the treatment and support of seafarers remains paramount.

4. Energy Supply and Pricing Variables for the Year Ahead

The transition into 2025 promises to bring both opportunities and challenges in the fuel market. Current reports indicate that Asia fuel oil prices are likely to remain capped, though supply risks are looming on the horizon. Factors in play include ongoing compliance with international sanctions on Russian and Iranian oil, as well as upcoming regulations on low-sulfur fuel.