Freight costs between Santos and Shanghai skyrocket 400% in two years
Sea freight cost between Santos, Brazil and Shanghai, China have risen 400% in two years. The hike was one of the main consequences of the...
Category : Transportation
Maersk opens its war chest for project firm Martin Bencher
Cash-rich shipping giant AP Moller Maersk has announced the planned purchase of project logistics firm Martin Bencher as part of efforts to expand its supply...
U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Shares Cross Above 50 Day Moving Average of $19.13
U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA – Get Rating) shares passed above its fifty day moving average during trading on Thursday . The...
Braemar Shipping Services (LON:BMS) Share Price Crosses Above 200-Day Moving Average of $255.69
Braemar Shipping Services Plc (LON:BMS – Get Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving...
GRAINS-Wheat recovers from 6-month low; soybeans, corn ease
Chicago wheat futures edged up on Thursday after hitting a six-month low in the previous session, as participants awaited news on further grain shipments from...
Euronav announces Rise in Second Quarter Earnings, on Improved Freight Rate Market
Euronav NV reported its non-audited financial results today for the second quarter ended 30 June 2022. Hugo De Stoop, CEO of Euronav said: “Recent months...
UAE’s ADNOC sets September Murban crude OSP at $105.96/bbl
The Abu Dhabi National Oil Company (ADNOC) set the September official selling price (OSP) for its benchmark Murban crude at $105.96 a barrel, the company...
Bio-Sea Ballast Water Treatment System Ordered For Cruiseship Quest
French UV-C water treatment specialist BIO-UV Group has received an order to supply a low-flow BIO-SEA L-Series ballast water treatment system for retrofit installation to...
BIFA reveals new chair of its virtual Young Forwarder Network
The British International Freight Association (BIFA) has named Herbie Cobby as the chair of its virtual Young Forwarder Network (YFN). Herbie takes over from Laura...
New Zealand could get left behind as shipping disruptions worldwide could see companies prioritising who to ship to – expert
Massey University supply chain researcher Dr Carel Bezuidenhout conducted a survey with over 100 supply chain practitioners in the country on the major risks they...