Freight News Archives - Page 135 of 1000

Maersk, CMA CGM increase FAK rates from Asia

4 July 2023

Maersk and CMA CGM have decided to increase their FAK (Freight All Kinds) rates from Asia to several destinations worldwide.

Marseille-based CMA CGM announced an increase in its FAK rates from all Asian ports, including Japan, Southeast Asia and Bangladesh, to all North European ports, including UK and the full range from Portugal to Finland/Estonia, effective from 1 August 2023.

The company said that the FAK rates will reach US$1,075 per dry 20′ container and US$1,950 per 40′ dry/high...

https://container-news.com/maersk-cma-cgm-increase-fak-rates-from-asia/

Russia sets new record for grain exports despite sanction

4 July 2023

Russia wrapped up its 2022-2023 agricultural year with an estimated record of 58-59 million tons of grain exports, reported RIA Novosti on Monday. The Agriculture Ministry’s estimate of the export potential in the range of 55-60 million tons was accurate, and Russian grain exporters had overcome...

https://www.hellenicshippingnews.com/russia-sets-new-record-for-grain-exports-despite-sanction/

Ukraine starts 2023/24 grain exports with tiny volumes – ministry

4 July 2023

Grain exports from Ukraine in the first days of July, the first month of the new 2023/24 July-June season, amounted to 34,000 metric tons, half as much as in the same period in 2022, the agriculture ministry said on Monday. The ministry said the volume in the new season so far included 9,000 tons...

https://www.hellenicshippingnews.com/ukraine-starts-2023-24-grain-exports-with-tiny-volumes-ministry/

How CBAM is set to transform EU steel imports

4 July 2023

MEPS International has compiled a one-stop Q&A to answer some of the steel sector’s most frequently asked questions about the European Commission’s incoming Carbon Border Adjustment Mechanism (CBAM). What are the European Commission’s CBAM import regulations? CBAM is an element of the ‘Fit for 55’...

https://www.hellenicshippingnews.com/how-cbam-is-set-to-transform-eu-steel-imports/

India’s June oil imports from Russia hit another record high as limit nears: Report

4 July 2023

India’s import of Russian oil hit another record high last month as the South Asian nation nears the limit of its buying splurge from the major OPEC producer, according to Bloomberg News. Viktor Katona, the head of crude analysis at Kpler stated that daily volumes climbed to 2.2 million barrels a...

https://www.hellenicshippingnews.com/indias-june-oil-imports-from-russia-hit-another-record-high-as-limit-nears-report/

Russia cuts LNG exports in January-June by 9.4%, flows to Europe steady – data

4 July 2023

Russia’s total exports of liquefied natural gas (LNG) have declined by 9.4% in the first half of the year to around 14.4 million tonnes, while supplies to Europe have remained steady at some 9 million tonnes, Refinitiv Eikon data showed on Monday. Europe has been ramping up purchases of sea-borne...

https://www.hellenicshippingnews.com/russia-cuts-lng-exports-in-january-june-by-9-4-flows-to-europe-steady-data/

South Korea’s NOFI buys corn in tender for up to 138,000 metric tons

4 July 2023

Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) has bought animal feed corn from optional origins in an international tender for up to 138,000 metric tonnes on Monday, European traders said. The precise volume was unclear but said to be close to 138,000 metric tons, with some...

https://www.hellenicshippingnews.com/south-koreas-nofi-buys-corn-in-tender-for-up-to-138000-metric-tons/

Russia’s ultra low-sulphur diesel exports from Primorsk to rise in July -traders

3 July 2023

Russia’s July exports of ultra lo w-sulphur diesel (ULSD) from the Baltic Sea port of Primorsk are set to rise by 13.9% month on month on a daily basis to 1.6 million tonnes, from 1.36 million tonnes scheduled for June, two traders said on Friday. Diesel exports are rising after planned seasonal...

https://www.hellenicshippingnews.com/russias-ultra-low-sulphur-diesel-exports-from-primorsk-to-rise-in-july-traders/

China’s lagging industrial activity leads to higher gasoline, gasoil exports in May

3 July 2023

China’s oil product exports rose sharply in May with resumption in gasoil sales to Europe and several rare gasoline shipments made within the Asian market amid growing need for some destocking activity due to tepid industrial fuel demand at home, market participants said June 21-22. Chinese oil...

https://www.hellenicshippingnews.com/chinas-lagging-industrial-activity-leads-to-higher-gasoline-gasoil-exports-in-may/

Kuwait’s May crude oil exports to Japan up 15.9%

3 July 2023

Kuwait’s crude oil exports to Japan in May jumped 15.9 percent from a year earlier to 6.43 million barrels, or 207,000 barrels per day (bpd), up for the sixth month in a row, government data showed Friday. Kuwait was Japan’s No.3 oil provider last month, supplying 8.5 percent of the Asian nation’s...

https://www.hellenicshippingnews.com/kuwaits-may-crude-oil-exports-to-japan-up-15-9/

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