19 C
istanbul
Sunday, November 17, 2019
Home Last News

Last News

China’s export container shipping index drops in October

BEIJING, Nov. 17 (Xinhua) -- China's container transport for export purposes saw an overall decrease in October, according to the Shanghai Shipping Exchange (SSE). The average China Containerized Freight Index (CCFI) fell 4.6 percent month...

China, U.S. had ‘constructive’ phone call on trade: Xinhua

BEIJING (Reuters) - China and United States had “constructive talks” on trade in a high-level phone call on Saturday, state media Xinhua said. China’s Vice Premier Liu He, U.S. trade representative Robert Lighthizer and Treasury...

Ocean freight rates now pointing downward after November rise

After a brief November surge, spot rates for ocean freight appear headed lower again as container volumes disappoint. The rates for China to the U.S. West Coast (SONAR: FBXD.CNAW) are $1,486 per forty-foot equivalent unit...

Lawmakers told foreign ships threatening US maritime sector

Many of the laws governing American ships — considered some of the most stringent in the world — are not being applied to foreign vessels operating in U.S. waters, a spokesman for the U.S.-flag...

Oil prices gain 2% despite concerns about rising supplies

NEW YORK (Reuters) - Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. Brent crude...

Weekly Dry Report

15 November 2019 Bulk report – Week 46 Capesize For most of the week the rates were nudging up under a flurry of activity in the Pacific as levels for the West Australia to China C5 route...

Tanker report – Week 46

15 November 2019 VLCC With at least half of the VLCC market participants meeting in Dubai this week, fixture activity has been sporadic, with rates slipping slightly. However, the market is reported to have bottomed and...

Workshop gathers experts to talk coal reduction

In 2020, China's total coal consumption will reach 3.86 billion tons and coal's share in total primary energy consumption will fall to 55.3 percent, achieving the mandatory 2020 consumption upper limits of 4.1 billion...

U.S. oil drillers cut rigs for fourth week in a row: Baker Hughes

(Reuters) - U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row as producers plan to slash spending for a second consecutive year in 2020...

Hyundai Merchant Marine reports increase in revenue, smaller loss

Korean carrier prepares for new ship deliveries and joining THE Alliance in 2020. South Korea’s Hyundai Merchant Marine (HMM) (KS:11200) said that it had an increase in revenue and smaller operating loss in the third...