Surging Global Demand Drives China’s Trade Surplus to New Record in 2021
By Bloomberg News (Bloomberg) — China’s record-breaking export strength continued into December, pushing the annual trade surplus to a new high and
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By Bloomberg News (Bloomberg) — China’s record-breaking export strength continued into December, pushing the annual trade surplus to a new high and
DUBAI, Jan 16 (Reuters) – A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman
Jan 14 (Reuters) – U.S. holiday sales in 2021 came in at a better-than-expected $886.7 billion, boosted by customers returning to stores and splurging
Southern California’s Port of Los Angeles has extended its container dwell fee program threatening ocean carriers with steep daily fees for import
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesia said on Thursday it would allow 37 vessels loaded with coal to depart, in the
A.P. Moller – Maersk says preliminary results for the fourth quarter of 2021 beat expectations. Revenue during the final three months of last year came
By Sergio Chapa (Bloomberg) Higher natural gas prices and lower shipping rates are increasing the draw of U.S. liquefied natural gas cargoes to Europe over
Danish power company Ørsted has announced plans to acquire a minority stake in what could become one of the world’s first large-scale e-methanol
By Mike Wackett (The Loadstar) – Continued strong demand for container tonnage has resulted in many sizes now being totally ‘sold out’ and their
By Jonathan Saul and Kate Abnett LONDON/BRUSSELS, Jan 13 (Reuters) – European Commission proposals to bring shipping into the bloc’s carbon
By Ann Koh (Bloomberg) — Ships looking to avoid Covid-induced delays in China are making a beeline for Shanghai, causing growing congestion at the
By Emily Graffeo (Bloomberg) — ProShares is preparing a new ETF to exploit chaos across global supply chains even as bottlenecks show signs of easing
Jan 12 (Reuters) – U.S. consumer spending on online shopping during the holiday season was weaker than expected, Adobe Analytics data showed, as supply
By Enda Curran (Bloomberg) — An omicron outbreak in China is sending jitters through supply chains as manufacturers and shippers brace for disruption
By Bernadette Christina JAKARTA, Jan 11 (Reuters) – Chinese thermal coal futures fell on Tuesday after Indonesia, the world’s biggest thermal coal
A new queuing process for containerships at Southern California ports will be expanded north to the Port of Oakland, shipping officials announced Monday. The
Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin has started construction on what is set to become the largest LNG bunkering barge ever built in the
COPENHAGEN, Jan 11 (Reuters) – Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move
California Governor Galvin Newsom on Monday unveiled his 2022-23 state budget proposal, which includes a planned record investment of $2.3 billion for
By Gillian Tan (Bloomberg) — Project44, a startup that enables the world’s largest companies to track shipments across the global supply chain,
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