South Korea’s MFG tenders for 140,000 T corn, traders say
South Korea’s Major Feedmill Group (MFG) has issued an international tender to purchase up to 140,000 metric tons of animal…
India’s palm oil imports at 6-month peak, sunflower oil hits record high
India’s palm oil imports in June rose to reach the highest level in six months on robust demand from refiners…
Indian state refiners in talks for long-term oil import deal with Russia, government source says
India’s state refiners are jointly negotiating a long-term oil import deal with Russia, a government source aware of the development…
Slync founder Kirchner gets 20-year prison sentence for misuse of funds
The former CEO of the now bankrupt logistics software vendor has landed in federal prison after a high-profile saga that…
Maersk’s new Boeing freighter flies into China-Europe service
The carrier wants a third of its air cargo volume to be handled within an owned and controlled network as…
ONE becomes latest carrier to add capacity to Asia-Mexico lane
The liner follows MSC, Cosco and CMA CGM in rolling out new services that cater to the growing container trade…
MSC returns to vehicle carrier market after $698 million Gram Car Carriers takeover
The deal marks MSC’s return to the booming car carrier market that it exited in March 2023 when it sold…
Dirty & Clean Tonne Days
This week’s data underscores a noticeable decline in the growth of tonne days across both the dirty and clean tanker…
INTERCARGO joins shipping industry in calls for IMO to amend flaws in the Carbon Intensity Indicator
With discussions regarding the IMO’s (International Maritime Organization) Carbon Intensity Indicator (CII) due to recommence at their Marine Environment Protection…
Tanker Market Hit By Lower Oil Supply
A combination of factors has taken its toll on the tanker freight market over the past few weeks. In its…