Tideworks Technology® Inc. (Tideworks), a full-service provider of comprehensive terminal operating system (TOS) solutions, today announced that BNSF Railway (BNSF), the largest freight railroad in the U.S. and one of the North American Class I railroads, is now live with Tideworks Intermodal Pro®...
https://www.hellenicshippingnews.com/bnsf-railway-goes-live-with-tideworks-intermodal-tos/
India’s rice stocks were around double its target at the start of November, government sources in the world’s second-biggest producer country said on Thursday. Coupled with the new season crop that has started trickling into the market, the surplus indicates comfortable supplies for the domestic...
Middle Eastern benchmarks Dubai and Murban edged higher on Thursday, as the Brent/Dubai EFS widened and Chinese refineries asked for lower supply for Saudi crude, indicating they have bigger capacity to take cargoes from other suppliers. The Brent/Dubai Exchange for Futures for Swaps (EFS) was...
China’s securities watchdog is asking brokerages to restrict leverage available to hedge funds that borrow large sums of money via a complex derivative business to trade stocks, three sources told Reuters. Hedge funds using the so-called DMA-Swap strategy were told by their brokers late on...
https://www.hellenicshippingnews.com/china-asks-brokerages-to-curb-leveraged-stock-trades-sources/
With the primary goal of ensuring the safety of the global supply chain, international freight insurer TT Club draws attention to the critical question of who is initially responsible for the state in which cargo is shipped. The insurer also updates its guidance on correct dangerous goods packing...
USD: Soft US rates undermine the dollar Looking across asset markets the mood appears to be one of investors buying into the US slowdown. US rates remain at recent lows and there has been no concerted pushback from the Federal Reserve, yet, on this easing of financial conditions. Instead, we seem...
https://www.hellenicshippingnews.com/fx-daily-buying-into-the-us-slowdown/
Wilson Sons, a leader in port and maritime logistics in Brazil, reported a strong growth in operations at its container terminals in October. With modern infrastructure, Rio Grande Container Terminal (RS) and Salvador Container Terminal (BA), which are equipped to operate some of the largest ships...
https://www.hellenicshippingnews.com/wilson-sons-terminals-grow-26-in-october/
The Port of Kalundborg, Denmark, has announced it will electrify all cranes in its deep-water container terminal within seven months to further lift the standard of responsibility. The terminal, operated by APM Terminals since March 2021, additionally announced that the container handling equipment...
https://www.hellenicshippingnews.com/port-of-kalundborg-takes-firm-net-zero-step/
Russian oil refineries reduced crude oil processing volumes in October from September by around 1.2% on a daily basis to some 22.6 million metric tons, Reuters calculations based on data from two industry sources showed on Wednesday. The data showed that oil refineries are not in a rush to increase...
https://www.hellenicshippingnews.com/russia-cuts-gasoline-diesel-output-in-october-data/
Pelagus 3D successfully delivered a Return Oil Standpipe at Kobe, Japan, to be installed on vessel TYSLA. This pioneering collaboration involved Kawasaki Heavy Industries and Wilhelmsen Ship Management. The part was delivered to vessel TYSLA, a RoRo vessel owned by Wallenius Wilhelmsen, and...