Long, Strange Trip: How U.S. Ethanol Reaches China Tariff-Free

By Chris Prentice and A. Ananthalakshmi NEW YORK/KUALA LUMPUR, Feb 7 (Reuters) - In June, the High Seas tanker ship loaded up on ethanol in Texas and set off for Asia. Two months later - after a circuitous journey that included a ship-to-ship transfer and a stop in Malaysia - its cargo arrived in China, according to shipping data analyzed by Reuters and interviews with … [Read more...]