The water levels on the Rhine hit critically low levels this week, which threatened to send the cost of transporting and handling a range of oil and chemicals even higher after several months of rising costs. Freight and logistics costs ...
Tags: Rhine, transporting, Oil, Petchem
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
Dry bulk shipowners are heading toward 2016 with the prospect of one fewer cargo option on the key loading region of the US Gulf Coast, as new environmental legislation introduced by Beijing this summer could mean China will no longer be ...
Platts office in Singapore will be closed on Tuesday, November 10, 2015 for the Deepavali holiday and there will be no East of Suez tanker or Asia-Pacific dry bulk assessments on those days. Dry Freight Wire will not be published. ...
Pakistan is set to regain ground in the Asian beverage-grade ethanol market amid recent surge in Brazilian ethanol -- the predominant source of grade B product currently, market sources said Tuesday. With several Pakistani sellers set to ...
Tags: freight rates, Grade B Ethanol, price
Handysize tanker freight rates on the Cross-Mediterranean voyage, basis 30,000 mt, have hit their lowest in five years on Monday on the lack of cargoes and ample tonnage, shipping sources said Tuesday. According to Platts data, freight ...
Tags: Handysize tanker, freight rates, cargoes
A "tax free" sign written in English, Chinese and Korean is displayed at a shop popular with tourists from Chinese-speaking countries in the upscale Ginza shopping district in Tokyo, February 19, 2015. [Photo: CFP] Chinese shoppers are ...
Tags: Chinese Shopping, "tax free", Japan
Beware exhibitors: After 12 years in the trade show industry, I’ve finally been introduced to the consequences of a mixed shipment. We were hit with “special handling” (aka drayage) charges because of this mixed shipment. ...
Tags: exhibitors, trade show, Budget
In 2014, MOFCOM made active efforts to perfect the support policies system on trade in services, build a market environment of fair competition and raise trade in services into a new step. In 2014, China’s trade in services maintained ...
Tags: trade in services, bilateral cooperation, service outsourcing industry
On July 10, 2015, the Director of the International Liaison Department of CCCME Jin Luolan visited the Economic and Commercial Counsellor’s Office of the Embassy of Spain to China, and met with the first Economic and Commercial ...
Tags: CCCME, trade contacts
AkzoNobel has opened a new production line for coil coatings at its facility in Garcia, Mexico. As well as doubling current capacity, the new line will also serve local coated steel manufacturers, including Ternium, Zincacero and Galvasid. ...
Tags: AkzoNobel, coil coatings, Metal Coatings
There appears to be a growing trend for global manufacturers and their shipping partners to over-charge importers on Australian port charges for sea freight shipments, according to an Australian Customs broker. Just this month, successful ...
Tags: freight shipments, Fancy Dress, logistics
The IATA reports that air freight volumes were broadly unchanged in August compared to a year ago, with freight tonne kilometres 0.2% higher. The August data shows a pause in earlier declines in air freight volumes, consistent with ...
Tags: Air Freight, air freight volumes
Daimler has successfully tested the world's first automated truck under real traffic conditions on A8 motorway between Denkendorf and Stuttgart airport in Germany. The Mercedes-Benz Actros truck is equipped with intelligent Highway Pilot ...
Tags: Daimler, Automated Truck, radar