Hapag-Lloyd adds space guarantee fee for India-US loads amid sailing cuts
One forwarder that had a recent cargo sail from Mundra complained that loading was only confirmed subject to the additional…
Iraq exports over 106 mln barrels of crude oil in March
Iraq exported about 106.11 million barrels of crude oil in March, the country’s Oil Ministry announced. About 104.68 million barrels…
ONE banks $1 billion FY profit on Red Sea-linked boost in ocean rates
Ocean carrier reporting season is off and running and, as expected, the diversion of ships around southern Africa to avoid…
Indonesia palm oil exports slide by a quarter in February as rival oils become cheaper
Indonesia, the world’s biggest palm oil producer, saw February palm oil exports tumble by a quarter as buyers switched to…
Clean fuels from outside EU face exclusion from green database: industry groups
Biomethane and biomethanol-based fuels suitable for shipping and produced outside Europe may not receive automatic certification within the European Commission’s…
South Korea’s MFG buys 134,000 T corn in tender, traders say
South Korea’s Major Feedmill Group (MFG) purchased an estimated 134,000 metric tons of animal feed corn in an international tender…
Asia-Europe spot rates move higher as Red Sea crisis impacts weekly voyages
The spread between spot and contract ocean freight rates has widened amid fewer voyages from Asia to Europe due to…
Morocco to pursue wheat imports till year-end after poor harvest
Morocco will provide subsidies for wheat imports between May 1 and Dec. 31, state grains agency ONICL said, indicating the…
Breakbulk24: Uncertainty driving a holistic approach to project logistics: shippers
Project cargo shippers are pivoting and rethinking their supply chain strategies as global turmoil becomes the norm in a post-pandemic…
Red Sea rate effect spreads to other trade lanes as demand rises: Maersk CEO
While the carrier is seeing robust volume gains across its main trade lanes, the transits around southern Africa are absorbing…