Malaysia, Vietnam crude premiums ease for Oct as middle distillate cracks weaken

Cash premiums for October-loading barrels of Asia-Pacific medium sweet crudes were easing from record highs in September amid narrowing middle distillate product cracks and increasing competition from arbitrage barrels, traders said Aug. ...

READ MORE

Vietnam targets higher coal imports as domestic demand climbs

Vietnam has forecast a substantial increase in coal imports over the next 12-15 years, particularly from the power sector, on rising domestic demand, according to a draft strategy for the coal industry from the Ministry of Industry and Trade, or ...

READ MORE

Shipping lines face margin pressure as freight falls steeply

As freight rates continue to fall, profitability of the bulk cargo shipping carriers such as Great Eastern Shipping and state-run Shipping Corporation of India (SCI) may take a dip in the current ...

READ MORE

Asian currency bears retreat as inflation view improves

Bearish bets on emerging Asian currencies eased on hopes that monetary tightening will cool red-hot inflation, with short bets on the Thai baht falling sharply after the first rate hike in the country in nearly four years, a Reuters poll ...

READ MORE

Persistent container ship congestion in North Sea affects EU vs Asia trade

The congestion of container ships off German ports at the North Sea worsened, affecting the European Union’s (EU’s) trade with Asia, the German Kiel Institute for the World Economy (IfW Kiel) ...

READ MORE

Why are international supply chains still disrupted?

Since the start of the COVID-19 pandemic, supply chain risks and supply chain management have risen to the top of everyone’s agenda. Where stable and reliable supply chains were once taken for granted, organizations are now having to be much more mindful of risks such as key material shortages, labor scarcity, ...

READ MORE

Shipping route connecting central Vietnam, India inaugurated

A shipping route linking the central region of Vietnam and India was inaugurated on July ...

READ MORE

New Container Service Launched between Incheon Port and Southeast Asia

Incheon Port Authority (IPA) announced on July 17 that global shipping giant MSC launched its Pertiwi service at Incheon Port on July ...

READ MORE

US containerized imports keep record pace in June, start strong in July

Recession fears abound, yet America’s ports keep racking up historically high numbers. Last month was the country’s best June ever for containerized imports. This month looks like it will be the best or second-best ...

READ MORE

The world largest container ship will fly the Panama Flag

The Panama Ship Registry has added to its fleet the “Ever Alot” container ship, the world’s biggest container ship and the first to break the 24,004 TEU mark. Panama has 18 of the world’s 20 largest container ships in terms of ...

READ MORE