US retail sales miss expectations in May
U.S. retail sales increased less than expected in May as lower prices for gasoline and motor vehicles weighed on receipts…
South Korea’s FLC buys about 60,000 T soymeal, traders say
South Korean importer group the Feed Leaders Committee (FLC) purchased an estimated 60,000 metric tons of soymeal from optional origins…
Japan offers to buy 84,667 tons of food wheat via tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 84,667 metric tons of food-quality…
China’s jet fuel exports up 68.1% on year in May on rising travel demand
China’s exports of kerosene and diesel surged in May versus year-earlier levels, customs data showed on Tuesday, on strong jet…
China’s May aluminium imports surge 61% year-on-year
China’s aluminium imports jumped 61.1% in May from a year earlier, customs data showed on Tuesday, with market participants attributing…
Saudi Arabia’s crude exports slip from nine-month high in April
Saudi Arabia’s crude oil exports fell in April, slipping from their highest in nine months hit in the previous month,…
India-US East Coast trade poised for major ocean capacity shakeup
Hapag-Lloyd will be withdrawing from the Indamex service it has operated in conjunction with CMA CGM for decades and will…
FMC says investigating potential violations of recent ruling on chassis control
The February decision from the agency said ocean carriers can mandate which chassis to use for carrier haulage business, but…
Should crude tanker owners start trimming spot exposure?
Crude tanker owners are enjoying a dream run in charter rates as stretched voyages due to the Russia-Ukraine War and…
Ship Recycling Markets a Mixed Bag
The ship recycling market has been a mixed bag over the past week. In its latest weekly report, Best Oasis…