Japan household spending falls unexpectedly, clouds BOJ rate path
Japanese household spending fell unexpectedly in May as higher prices continued to squeeze consumers’ purchasing power, data showed on Friday,…
BOJ report to reveal broadening wage rise trend, sources say
The Bank of Japan will highlight how wage hikes are broadening across companies, including at smaller firms, in a report…
VLCCs might play spoilsport in the LR market
Skyrocketing freight rates in the product tanker market, especially in the LR segment, are luring some charterers to use VLCCs…
DNV and project partners conclude no technical barriers to low pressure CO2 ship transport chain
The CO2 Efficient Transport via Ocean (CETO) joint industry project (JiP) concluded recently with the release of a report setting…
US court orders FMC to review Evergreen demurrage ruling
An appellate court ruled the US Federal Maritime Commission erred when it solely applied its “incentive principle” to a detention…
New Singapore berths opening as congestion, ship delays ease
The opening of the first of three new container berths last week at the Tuas mega container terminal is part…
Ukraine’s 2024/25 grain exports reach 718,000 T, ministry says
Ukraine’s grain exports in the 2024/25 marketing season rose to 718,000 metric tons by July 5, against 276,000 tons a…
Tunisia buys 100,000 T soft wheat, 50,000 T durum, traders say
Tunisia’s state grains agency is believed to have purchased about 100,000 metric tons of soft wheat and about 50,000 tons…
Russia’s ESPO oil exports from Pacific’s Kozmino seen rising to 1 mln bpd in July, sources say
Russia’s ESPO Blend oil exports from the far eastern port of Kozmino were revised up by 0.3 million metric tons…