Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at…
Asked on BRICS, Turkey’s finmin says country doesn’t want to decouple from “core” partners
Turkey wants to stick with its “core” trade partners such Europe rather than decouple and join the likes of China,…
China’s oil imports from Russia fall to seven-month low
Russia’s crude oil exports to China in May fell to a seven-month low, official data showed on Thursday. Supply via…
China’s May fuel oil imports retreat from multi-year highs
China’s fuel oil imports cooled in May after hitting multi-year highs in April, data showed on Thursday. May imports totalled…
Japan buys 84,667 tons of food wheat via tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 84,667 metric tons of food-quality wheat from the…
HMM deploying more extra loaders to aid South Korean exporters
With backing from the South Korea government, HMM is deploying more ships to help the country’s exporters weather soaring container…
MSC adds to growing Asia-Mexico service launches
Mediterranean Shipping Co. is increasing capacity between Asia and the West Coast of Mexico amid surging foreign direct investment by…
Global disruption further complicates ocean carrier network building
How do you build a robust, resilient system in the face of operational and geopolitical disruptions that throw conventional container…
Charleston pausing berth project to ease vessel backlog
Suspending construction work will allow the Port of Charleston to reopen all three berths in the Wando Welch terminal for…
Tanker Rates Could Remain Elevated Even After 2030
The tanker market is expected to remain quite healthy and profitable not only in the short to medium term, but…