The opinions expressed here are those of the author, a columnist for Reuters.China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy.But it's probably more important to look at price trends when assessing the world's biggest commodity importer's inbound shipments of crude oil, liquefied natural gas (LNG), copper…
Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this year, it said on Friday, firming the timeline for a project already delayed by six years due to protests by locals.The Vizhinjam…
It’s a widely accepted notion among economists that cultural differences can pose a significant barrier to trade. The larger the cultural gap between two countries – judging by differences in language, customs, values and business norms – the more challenging and costly trade relations become…
Indian ports-to-power conglomerate Adani Group will increase capital expenditures in fiscal year 2025 to 1.3 trillion rupees ($15.6 billion) from 700 billion rupees a year earlier, Chief Financial Officer Jugeshinder Singh said on Tuesday.Adani Green Energy…
Intergis Co. Ltd has ordered a Konecranes Gottwald ESP.5 Mobile Harbor Crane to improve its general cargo and bulk handling capacity and lower local emissions at the Port of Busan in South Korea. This new Generation 6 machine builds extra versatility…
Chinese authorities have seized 4.5 tons of illicit drugs at border ports so far this year leading to 381 arrests, state media said on Tuesday, amid new efforts to fight trafficking and high-level counternarcotics talks between Washington and Beijing…
Singapore will seek compensation for the costs incurred in an oil spill last week from the owners of the stationary vessel that discharged the oil, local media CNA reported on Thursday.The Maritime and Port Authority told CNA that the shipowner…
India's cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to connect the Asian country with Europe by sea and rail links through the Middle East.The Vadhavan port will be built on India's western coast…
Singapore-based mooring and anchoring specialist Mooreast Holdings has set out plans to acquire a 98,919 sqm facility from Seatrium’s subsidiary, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector…
China's Hengyi has increased fuel oil exports from its Brunei refinery this month and has delayed loadings of other refined products following a fire at the plant in late May, according to several trade sources and ship-tracking data.The delivery…
Cambodia will begin construction of its Chinese-backed $1.7 billion Techo Funan canal this August, Prime Minister Hun Manet said, describing the development as a 'historic project'.The 180-km (112-mile) canal that will connect the Mekong River…
Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish shipping group said in a statement on Monday.As a result of that congestion, the world's second-largest container shipping company…
Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April…
Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two industry sources said on Wednesday.Last week, Russian Direct Investment Fund (RDIF)…
Cambodia plans to cut shipping through Vietnamese ports by 70% as a result of a $1.7 billion China-funded upgrade of a canal connecting the Mekong River basin to the Cambodian coast, the country's deputy prime minister told Reuters.Sun Chanthol…
