India's on Friday allowed the export of 2.5 million metric tons of wheat and an additional 500,000 tons each of wheat products and sugar, as the world's second-biggest producer of both commodities seeks to support local growers amid protests over a trade deal between New Delhi and Washington.On Thursday, thousands of farmers staged demonstrations, alleging the government had compromised their interests under the interim U…
McQuilling Services has released its 29th anniversary edition, 2026-2030 Tanker Market Outlook with the theme: “You Can’t See the Forest for the Trees.”The report frames the outlook for crude tankers over the next five years. Structural forces (the “forest”) including: 1) macroeconomic conditions…
European wheat edged higher on Wednesday, mainly supported by a fall of the euro against the dollar, making it more competitive on world markets, and a rise in Chicago.Front-month March milling wheat on Paris-based Euronext, settled at 190.50 euros ($226…
International Container Terminal Services Inc. (ICTSI)’s wholly owned subsidiary Victoria International Container Terminal Ltd. (VICT) has signed a 26-year extension of its contract to operate and manage the Webb Dock East terminal at the Port of Melbourne…
Panamanian President Jose Raul Mulino said on Thursday that the concession of contracts to operate two ports held and operated for nearly three decades by Hong Kong's CK Hutchison Holdings will 'never again' be issued to a single company.Panama's…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to manage and operate the Aqaba Multipurpose Port, Jordan’s only and exclusive general cargo and multipurpose seaport…
Hong Kong's CK Hutchison said on Wednesday its Panama Ports Company unit has started international arbitration proceedings against Panama after the country's top court annulled its licences to operate two Panama Canal ports, in a case that could take years to resolve…
China warned Panama on Tuesday there would be 'heavy prices' to pay after a court ruling there annulled Hong Kong-based CK Hutchison's contract to operate two ports at the Panama Canal.China's Hong Kong and Macau Affairs Office called the ruling by Panama's Supreme Court 'absurd…
Wallenius Wilhelmsen has started operating the Port of Gothenburg car terminal – now named “Gothenburg International Auto & RoRo Terminal” (GIART). With the terminal, the company aims to develop a regional hub and enhance its logistics network as well as the port’s capacity to deliver efficient…
Panamanian President Jose Raul Mulino said on Friday that ports in the country will operate without disruption, despite a Supreme Court decision to annul key port contracts held by a subsidiary of Hong Kong-based CK Hutchison.The ruling on Thursday…
Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Company (PPC)…
