US-China trade friction

LNG Exports To China Might Drop Due To Weather Conditions

Natural disasters along the Texas Gulf Coast in the US that have disrupted many sectors may mean lagging liquefied natural gas (LNG) purchases by China under the phase one trade deal, Chinese experts have warned, citing the deep freeze’s ripple effect on the natural gas supply/demand chain and commodity prices, says an article published in Global Times.

Biden’s disaster declaration approval for storm disaster

In the aftermath of a winter storm that claimed the lives of at least two dozen people...

https://mfame.guru/lng-exports-to-china-might-drop-due-to-weather-conditions/

Intra-Asia Trades Witness Wavering Freight Rates and Faltering Profits

Increased competition and vessel cascading on intra-Asia trades has led to rock-bottom freight rates and plunging profits for regional carriers, reports the Loadstar.

Annual drop in freight rates

Charlie Chu, executive vice president of Thai-based intra-Asia specialist Regional Container Line (RCL), said freight rates were declining every year.

“Ship upsizing in intra-Asia trade is quite popular, same as other trades globally,” he told The Loadstar.

“The consolidation between large carriers through...

http://mfame.guru/intra-asia-trades-witness-wavering-freight-rates-and-faltering-profits/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.