Ocean carriers target growing China-Mexico trade with new express services
The launch of the new services comes amid an investment boom by Chinese companies in Mexico as part of wider…
Russian oil product exports via Tuapse to rise sharply in May, traders say
Russian oil product exports from the Black Sea port of Tuapse are set to rise sharply in May to 1.532…
Ex-Slync CEO Urban joins Chain.io board to bolster company’s growth
John Urban spent a year as chairman and CEO trying to salvage Slync, the logistics automation platform negatively impacted by…
Turkey gets offers in 100,000 T durum wheat sale tender, traders say
The highest price offered in the tender from Turkey’s state grain board TMO to sell and export 100,000 metric tons…
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…