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Japan buys LPG ahead of winter; South Korea, China resell cargoes

Japan buys LPG ahead of winter; South Korea, China resell cargoes

Japanese buyers have been purchasing LPG for December delivery at prices ranging from discounts of about $5/mt to premiums of around $3/mt relative to the December Far East Index through private negotiations, market sources said. However, not all of these purchases...

Shipping industry booms amid China export rush, faces post-tariff woes

Container shipping rates from Asia to India have doubled over the past month, with spot rates for shipping a 20-foot container (TEU) from Shanghai to Mumbai’s Nhava Sheva Port climbing from $800–$900 to $1,600–$1,900. This spike is attributed to a surge in “push...

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