Tag: Global trade
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...
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...
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...
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...
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...