China facing competition for its favorite Russian oil from India
India has ramped up purchases of crude from Russia’s far east, a grade that’s typically favored by Chinese oil refiners.
Port of Rotterdam total throughput slightly higher despite declining trade with Russia
• 0.8% more cargo than in first half of 2021 • Russia: container volume halted, declining volume of coal, LNG and oil • Increase in…
Dramatic retreat in spot rates in line with Shifl’s early predictions
In line with the early indications from SHIFEX, the Freight Rate Index by Shifl, freight rates on the main Trans-Pacific trade lanes have fallen in…
Dietl International calls on art logistics community to adopt sustainable practices
Companies must work on actionable practices and avoid greenwashing, Dietl’s Jason Bailer Losh tells delegates at the Sustainability in Action event
World Steel Association June 2022 crude steel production
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.1 million tonnes (Mt) in June 2022, a 5.9%…
Penske Logistics recipient of Novelis Global Supplier Alliance Award
Penske Logistics is the recipient of a Global Supplier Alliance Award from customer Novelis, Inc. Penske received the accolade during a recent Novelis ceremony in…
Keystone pipeline flow to key US hub cut by 15% after power snag
TC Energy has reduced operating rates on a segment of the Keystone pipeline running from Canada’s oil sands to America’s largest crude hub by about…
American furthers its commitment to sustainable aviation fuel
New agreement to purchase 500 million gallons of sustainable aviation fuel over five years from Gevo, Inc. brings the airline closer to meeting its ambitious…
Channel ferries suffer five-hour border delays at Dover Port
Britons headed for continental Europe via the port of Dover were caught up in long queues amid staffing shortages, just as the end of the…
Mexico is seen risking $30 billion hit in US-Canada trade spat
Mexico could be hit with between $10 billion and $30 billion in tariffs if it loses a trade spat with the US and Canada, according…
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