Farm office FranceAgriMer increased its forecast for French soft wheat exports outside the European Union in 2023/24, leading to lower projected stocks, although these remained at a 19-year high. In its supply and demand outlook, the office pegged French non-EU…
PetroVietnam Gas said it had received a 70,000-ton LNG cargo from PetroChina International for domestic power generation and industrial production. The cargo from Brunei arrived at the company’s LNG terminal in the southern province of Ba Ria Vung Tau on…
India’s finished steel imports touched a five-year high in the first two months of the fiscal year that began in April, with the country continuing to be a net importer, according to provisional government data seen by Reuters. Steel demand…
Paraguay’s exports of its soybean crop, delayed by low river levels and weak prices earlier in the year, are gaining momentum, shipment data shared with Reuters show, as farmers speed up sales on stronger global demand and rosier values. The…
As the maritime industry continues to trial an assortment of biofuels and biofuel blends to power vessels and cut emmisions, Ocean Network Express (ONE) has extended its commitment to use 100% biofuel for its rail cargo movements in the UK.…
The situation at some major ports has become increasingly strained with carriers omitting port calls at some of the world’s busiest and most significant terminals in Hong Kong, Ningbo Singapore and Shanghai, said the online infrastructure provider. Prices for a 40ft high cube…
The newest global Container Port Performance Index (CPPI) reveals that East and Southeast Asian ports excelled in 2023, accounting for 13 of the top 20 places. Developed by the World Bank and S&P Global Market Intelligence, the fourth edition of…
A rally in Asia’s high-sulphur fuel oil (HSFO) market, boosted by lower Middle East exports and OPEC+ cuts, is expected to take a breather as Russian exports remain elevated and will ease tight supply, industry sources said. Tighter supply has…
KR has announced a Memorandum of Understanding (MoU) with Hanwha Ocean, Amogy, and Hanwha Aerospace. The MoU, signed at Posidonia 2024 in Athens, Greece, focuses on the technical collaboration and certification for the application of ammonia reformers and ammonia fuel…
Asia’s high sulphur fuel oil (HSFO) market continued to ease on Thursday, while onshore inventories in Singapore recovered for a second consecutive week. The recent rally in HSFO has shown signs of losing steam this week, traders and analysts said.…