The expansion of Canada’s Trans Mountain Pipeline (TMX) is set to reshape the North American oil landscape, which of course will have a significant impact on the tanker market. In its latest weekly report, shipbroker Intermodal said that “the recent expansion of...
Asia’s middle distillates markets saw more December discussions during the week, though cautiousness on demand remained prevalent and prices trended sideways, with offers for next year’s term cargoes also available. For diesel, offers for December gradually emerged...
The FAO Food Price Index (FFPI) averaged 127.4 points in October 2024, up 2 percent from its revised September level and the highest since April 2023. Price quotations for all commodities in the index, except meat, rose, with vegetable oils recording the largest...
Iron ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling demand and ahead of topconsumer China unveiling its keenly-watched fiscal stimulus package. The most-traded January iron ore contract on China’s Dalian Commodity Exchange...
HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on November 8 that it has recently signed a contract to build 4 LNG bunkering vessels with a shipping company based in Asia. – The...
E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has published the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making around...