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…
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…
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…
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…
Ukraine’s April grain exports rise to 6.3 mln tons, ministry says
Ukraine’s grain exports rose to 6.3 million metric tons in April from 5.5 million in March, agriculture ministry data showed…
India unlikely to impose export curbs on low-grade iron ore, source says
India is unlikely to impose tariffs on exports of low-grade iron ore for now despite rising overseas sales to China,…
US LPG, LNG exports hit record high as US gas production booms
LPG and LNG outflows from the US have hit record highs in 2024 so far as natural gas production continues…
US LNG exports fall in April for fourth straight month
U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April…
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…
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…