Hapag-Lloyd HLAG.DE will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson for the German container shipper said on Friday, adding a further assessment would be made on Jan. 2. Mitsui O.S.K. Lines 9104.T and Nippon Yusen 9101.T,...

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The US soybean exports in the first quarter of 2024 are expected to get a boost from Brazil’s planting delay in the marketing year 2023-24, according to market sources, likely supporting the oilseed futures prices during the period. “We expect strong momentum for the...

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Fuel oil refining margins logged a yearly increase in Asia, data from LSEG showed on Friday, though supply pressure is expected to weigh on cracks into 2024. Margins edged higher this year amid a broader recovery for refined fuels demand across Asia, while a lower...

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China has issued its first refined fuel export quotas for 2024 totalling 19 million metric tons, a volume unchanged from last year’s and largely in line with market expectations, Chinese consultancies and multiple trading sources said on Friday. The quotas, which...

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GAC Germany, a leading provider of shipping and logistics services in Northern Europe, is set to open a new office in Stade on 1 January 2024 as the company looks to expand its presence in the region to meet growing demand for services to support Germany’s shipping...

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The City of Yokohama, Mitsubishi Gas Chemical (MGC) and Maersk have signed a Memorandum of Understanding (MoU) for the development of green methanol bunkering infrastructure at the Port of Yokohama, Japan, the location of APM Terminals’ Minami-Honmoku container...

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