More than 200 senior representatives from the global shipping community were present at the inauguration ceremony of the new Singapore offices of Bernhard Schulte Shipmanagement (BSM) in the Republic’s Central Business District on September 20th, 2018. To celebrate the opening of the new...
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U.S. inland port city seeks better trade relations with China
Laredo, one of the largest inland ports of the United States, is seeking a stronger trade relationship with China, an official said. The two-day annual North American Logistic & Manufacturing Symposium closed Thursday in Laredo, a city built up along the border between the United States and Mexico....
https://www.hellenicshippingnews.com/u-s-inland-port-city-seeks-better-trade-relations-with-china/
China’s steel rebar ticks up, eyes weekly gain on infrastructure push
China’s construction steel rebar prices rose on Friday, finishing the week on a positive note on the back of support from the country’s plans to increase infrastructure spending. The most-active rebar on the Shanghai Futures Exchange closed up 0.1 percent at 4,149 yuan ($606.53) a tonne. For the...
Trafigura leases 35 crude oil and product tankers
Trafigura Group Pte Ltd (“Trafigura”), one of the world’s leading independent commodity trading companies, has named the first of its 35 crude oil and product tankers being built in South Korea and China. Today’s naming ceremony took place at Hyundai Samho Heavy Industries’ shipyard in Jeolanam-do,...
https://www.hellenicshippingnews.com/trafigura-leases-35-crude-oil-and-product-tankers/
Singapore Sep bunker demand likely to rebound from Aug: sources
Singapore delivered bunker fuel demand is expected to see an uptick in September, compared with August when some shipowners opted to take their bunker fuel at other ports due to fuel quality concerns, market sources said this week. August bunker fuel sales in Singapore had dipped 9.2% year on year...
https://www.hellenicshippingnews.com/singapore-sep-bunker-demand-likely-to-rebound-from-aug-sources/