Battle for boxes and space on ships and aircraft as Vietnam bounces back

Vietnam’s exports have bounced back quickly after months of lockdown, boosting freight rates and leaving forwarders fighting for space.
Strict social distancing in South Vietnam ended in early October, but not before a 6.1% GDP contraction in Q3 and warnings from business leaders of lost orders and investments if restrictions weren’t lifted.
The garment sector, for example, suffered an 18.6% year-on-year drop in exports in September, after many factories had been forced …

The post Battle for...

https://theloadstar.com/battle-for-boxes-and-space-on-ships-and-aircraft-as-vietnam-bounces-back/

GSCW chat recap: The future of bulk commodities market post-COVID

GSCW Day 5: Bulk commodities

This fireside chat recap is from Day 5 of FreightWaves’ Global Supply Chain Week. Day 5 focuses on energy, mining and chemicals. 

FIRESIDE CHAT TOPIC: What the bulk loads market is telling us about the economy

DETAILS: Zach Strickland, a FreightWaves market analyst, discusses the future of the bulk market post-COVID-19 pandemic and what to look for in 2021 with Jared Flinn of Bulkloads.com.

SPEAKER: Flinn is the operating partner of Bulkloads.com.

BIO: Flinn co-founded and developed a trucking...

https://www.freightwaves.com/news/gscw-chat-recap:-the-future-of-bulk-commodities-market-post-covid

China Leads the Surge in Global Demand for Asian LPG

  • S Korea’s domestic sales set to sustain uptrend to meet petrochemical demand
  • China’s 2021 LPG deficit net of exports seen 20.5 mil-21 mil mt
  • India’s 2021 LPG demand seen at 28.3 mil mt, imports 17 mil mt: Platts Analytics

According to a Platts report, Asia’s LPG demand in 2021 will again be led by China, driven by additional processing capacity at three new PDH plants and recovering post-COVID economic growth, while South Korean domestic sales are set to sustain this year’s uptrend to meet...

https://mfame.guru/china-leads-the-surge-in-global-demand-for-asian-lpg/