News Flash

China’s July Soybean Imports Slide Amid Poor Crush Margins, Weaker Demand

China’s July Soybean Imports Slide Amid Poor Crush Margins, Weaker Demand

China’s soybean imports in July fell 9.1% from a year earlier, customs data showed on Sunday, as poor crushing margins...
Read More
Rhine Level In Germany Falls Again, Ships Only Part-Loaded

Rhine Level In Germany Falls Again, Ships Only Part-Loaded

Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot...
Read More
Two More Grain Ships Sail From Ukraine As Third Port Opens

Two More Grain Ships Sail From Ukraine As Third Port Opens

Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking...
Read More
Persistent Container Ship Congestion In North Sea Affects EU-Asia Trade

Persistent Container Ship Congestion In North Sea Affects EU-Asia Trade

The congestion of container ships off German ports at the North Sea worsened, affecting the European Union’s (EU’s) trade with...
Read More
Reconciliation Bill Gives Massive Boost To U.S. Offshore Wind

Reconciliation Bill Gives Massive Boost To U.S. Offshore Wind

On Sunday, Senate Democrats passed a large-scale budget reconciliation package on a party-line vote, enacting many (but far from all)...
Read More
Australian Police Seize $195 Million In Cocaine Aboard Maersk Boxship

Australian Police Seize $195 Million In Cocaine Aboard Maersk Boxship

Australian authorities have seized 700 kilos of cocaine from a container aboard a Maersk boxship in Sydney, adding to the...
Read More
Shipping Firm Maersk, A Barometer For Global Trade, Warns Of Weak Demand And Warehouses Filling Up

Shipping Firm Maersk, A Barometer For Global Trade, Warns Of Weak Demand And Warehouses Filling Up

AP Moller-Maersk this week predicted a slowdown in global shipping container demand this year amid weakening consumer confidence and supply...
Read More
UK’s Busiest Container Port Set For 8-Day Strike

UK’s Busiest Container Port Set For 8-Day Strike

Workers at the UK’s largest container port will hold an eight-day strike at the end of August, union bosses said...
Read More
Less U.S. Gas To Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama

Less U.S. Gas To Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama

The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by...
Read More
Ukraine Wants Shipping Safe Passage Deal To Extend Beyond Grain

Ukraine Wants Shipping Safe Passage Deal To Extend Beyond Grain

Three grain ships left Ukrainian ports on Friday under a safe passage deal while the first inbound cargo vessel since...
Read More
Korea’s Big Three Shipbuilders In Red Despite Growing Order Backlog

Korea’s Big Three Shipbuilders In Red Despite Growing Order Backlog

South Korea’s three major shipbuilders remain in the red despite hefty new ship orders so far this year, led by...
Read More
Four More Grain Ships Leave Ukraine As Hopes Grow For Export Stability

Four More Grain Ships Leave Ukraine As Hopes Grow For Export Stability

Four more ships carrying grain and sunflower oil have left Ukraine ports via a safe maritime corridor. Millions of tonnes...
Read More
Coal Far From Dead: Global Trade Thrives, War Reroutes Shipping

Coal Far From Dead: Global Trade Thrives, War Reroutes Shipping

The market has spoken: Coal is dying” declared a September 2019 headline in CNN Business, after China announced it would...
Read More
Shipping Faces Investment Obstacles In Low-Carbon Marine Fuels

Shipping Faces Investment Obstacles In Low-Carbon Marine Fuels

Shipping has been slower than other other transportation sectors in identifying a decarbonization approach to help counter climate change.As airlines...
Read More
Maersk Acquires Danish Company To Add Global Project Logistics

Maersk Acquires Danish Company To Add Global Project Logistics

Maersk is continuing to use its strong financial results and cash generated from operations to pursue its strategy to become...
Read More
Keppel O&M Tries Out VR Goggles In The Shipyard

Keppel O&M Tries Out VR Goggles In The Shipyard

Keppel Offshore and Marine (Keppel O&M) is pushing the quest for digitalization to new heights after adopting a 5G enabled...
Read More
IMF Tells Europe To Let Consumers Bear The Brunt Of Higher Bills To Encourage Energy Saving

IMF Tells Europe To Let Consumers Bear The Brunt Of Higher Bills To Encourage Energy Saving

The International Monetary Fund warned European governments against intervening in the region’s worsening energy crisis with broad-based financial support, saying...
Read More
Iran Says Ready To Return Oil Output To Pre-Sanctions Level

Iran Says Ready To Return Oil Output To Pre-Sanctions Level

Iran said that it is ready to return its crude oil production to pre-sanctions levels at the earliest possible time....
Read More
Asia Grains-Russian Suppliers Offer Wheat In Asia, But Buyers Reluctant

Asia Grains-Russian Suppliers Offer Wheat In Asia, But Buyers Reluctant

Suppliers offered Russian wheat at lower prices this week in Asia, but most millers were unwilling to sign deals in...
Read More
Port Of New York And New Jersey Adds Fees For Ocean Carriers As Shipping Containers Pile Up

Port Of New York And New Jersey Adds Fees For Ocean Carriers As Shipping Containers Pile Up

The Port of New York and New Jersey announced new tariffs this week related to empty containers and export volume...
Read More