Venezuelan oil output to fall 30% under renewed US sanctions
Venezuelan oil production at a four-year high is expected to decline quickly if the US follows through on threats to reinstate sanctions on the nation.
South Korea chip shipments jump most since 1997 as Samsung beats
South Korea’s semiconductor shipments rose in December by the most since 1997 while inventory growth slowed further, underscoring the pace at which a backlog of…
Impact of Red Sea crisis on ocean freight shipping is more rapid than Covid-19 as tensions run high across the industry
The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are told…
NOLA Terminal announces new terminal manager for its flagship operations
NOLA Terminal has hired Plaquemines Parish resident Anthony Barrois to serve as terminal manager for its flagship operations facility on the Mississippi River.
Nigeria’s mega refinery Dangote turns to US oil
Nigeria’s giant new oil refinery Dangote, the largest in Africa, is set to import crude from the US in the coming months, a sign of…
Texas oil regulators ask state to sue EPA over methane rule
Texas regulators on Tuesday formally asked the state’s attorney general to challenge the Biden Administration’s rule that seeks to lower emissions from the oil and…
Georgia Ports achieves record year for autos
The Port of Brunswick handled a record 775,565 units of autos and machinery in calendar year 2023, an increase of 15.6 percent over the previous…
MSC terminal change on TransPacific Sentosa service
MSC terminal change on its Sentosa service connecting Asia and the USA Wes Coast.
MSC PSS - scope: Import Middle East / Indian Sub-Continent to USA
Mediterranean Shipping Company has filed and will implement the following Peak Season Surcharge (PSS) effective January 29th, 2024, with the following quantum and effective date…
MSC BRC - scope: Import Indian Subcontinent/Middle East to USA (ISC/ME)
The MSC BRC quantum for the month of March 2024 to be considered for the Indian Subcontinent and Middle East will be as follows.
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