Tag: Global trade

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Diversification Strategy: Vitol Shifts to Metals Amid Crude Demand Decline

Vitol, one of the world's largest oil traders, is making a strategic shift towards metals as the demand for crude oil declines. The company...
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New Shipping Registries Database Aims to Prevent Sanctions Violations

Several major shipping registries, including Panama, Liberia, and the Marshall Islands, have come together to create a new information-sharing database called the Registry Information...
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Understanding the Recent Plunge in Japanese Markets

Japanese markets experienced a significant drop recently, with the Topix falling by 12% on August 5th, marking its worst day since 1987. This drastic...
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Global Freight Forwarding Market Trends: Soft Demand Normalizes

The global freight forwarding market is going through a period of normalization, with demand for air and sea freight services remaining low, as per...
news-15062024-092823

Baltic Index Gains on Higher Rates for Smaller ShipsBaltic Index Weekly Gains:...

The Baltic Exchange main sea freight index, which monitors the rates of ships carrying dry bulk goods, experienced a boost for the third consecutive...