Port strikes in Germany, France disrupting cargo movement
Summer strikes have begun in Europe with a series of walkouts causing significant disruption across the main German and French…
Far East-India rates hit new recent highs amid ongoing Asia port flow disruptions
Large Indian industrial importers, relying heavily on China for input products, have complained that despite shelling out exorbitantly high freight…
ILA links contract wage proposal to ocean carriers’ financial results
The International Longshoremen’s Association cited the “massive profits” ocean carriers have booked in recent years to highlight the wage proposal…
India’s April-May steel imports hit five-year high on buoyant domestic demand
India’s finished steel imports touched a five-year high in the first two months of the fiscal year that began in…
PetroVietnam Gas: imports 70,000-ton LNG cargo from PetroChina International
PetroVietnam Gas said it had received a 70,000-ton LNG cargo from PetroChina International for domestic power generation and industrial production.…