India’s Nov vegoil imports fall 9% on month on talk of looming cut in duties

India’s imports of vegetable oils fell 9% month on month to 1.13 million mt in November, and were also down 9% year on year, data released Thursday by the Solvent Extractors Association of India showed. The decline was attributed in the report to anticipation in India’s vegoil industry that the...

https://www.hellenicshippingnews.com/indias-nov-vegoil-imports-fall-9-on-month-on-talk-of-looming-cut-in-duties/

India did not let Russian-owned refinery buy Iranian oil: Iran minister

Iranian Oil Minister Bijan Zanganeh said that, because of U.S. sanctions, India had refused to allow a Russian-owned Indian refinery to use Iranian crude oil that India had obtained under waivers. Zanganeh was responding to a question in an interview on Iranian state television about why Iran had...

https://www.hellenicshippingnews.com/india-did-not-let-russian-owned-refinery-buy-iranian-oil-iran-minister/

China bought 500,000 tons of U.S. soybeans. But that’s just a drop in the U.S. export bucket

China is back in the market for U.S. soybeans, but the recent purchases represent just a fraction of sales American farmers have lost since the Trump administration embarked on a trade war with Beijing in July. Chinese state-owned companies bought at least 500,000 tons of U.S. soybeans on...

https://www.hellenicshippingnews.com/china-bought-500000-tons-of-u-s-soybeans-but-thats-just-a-drop-in-the-u-s-export-bucket/

South Korea stopped importing condensate from Iran before receiving sanctions waivers

South Korea, the world’s leading importer of condensates, has sought alternatives to partially offset declines in imports of Iranian condensates during the past few months, particularly in light of U.S. sanctions on Iranian exports of crude oil and condensate. South Korea purchased close to half a...

https://www.hellenicshippingnews.com/south-korea-stopped-importing-condensate-from-iran-before-receiving-sanctions-waivers/

Maersk Line is notifying a PSS

Maersk is notifying a Peak Season Surcharge (PSS) of USD 150 for 20’ applicable to ALL DRY cargo from India to Indian Ocean Islands, effective from 1st November until further notice.

For your reference, we have also included the levels and the rate structure for some sample corridors valid from today until further notice. These charges may be changed in the future and we will notify you accordingly.

Origin Destination OF OHC DHC SBF ERS LSS PSS20 DRY 20 DRY 20 DRY 20 DRY 20 DRY 20...

https://container-news.com/maersk-line-is-notifying-pss/