Market News

On the morning of October 23 in Asia, Brent oil price decreased 79 US cents, to 91.37 USD/barrel, while WTI oil price decreased 91 US cents, to 87.17 USD/barrel, thanks to efforts to restrain conflict in the Middle East Oil prices in Asia on the morning of October 23 decreased by more than 1 USD, [...]

The Panama Canal Authority further reduced the number of boats that can transit through the strategic waterway, which has been hit by an intense drought.  Only 31 ships will be allowed through the canal per day from November 1, down from circa 36 to 38 daily ship crossings during normal operations.  The announ cement was [...]

The Panama Canal Authority further reduced the number of boats that can transit through the strategic waterway, which has been hit by an intense drought.  Only 31 ships will be allowed through the canal per day from November 1, down from circa 36 to 38 daily ship crossings during normal operations.  The announ cement was [...]

In the third quarter (July-September) of the calendar year, Chennai led in demand for the leasing in industrial and warehousing sectors, per a report by Colliers. The city’s economic activity has always been driven by a diverse range of sectors, starting from automobile and electronics, hardware to textiles, media industry and software services. Few of [...]

In the third quarter (July-September) of the calendar year, Chennai led in demand for the leasing in industrial and warehousing sectors, per a report by Colliers. The city’s economic activity has always been driven by a diverse range of sectors, starting from automobile and electronics, hardware to textiles, media industry and software services. Few of [...]

Starting from the first of January 2024, shippers and freight forwarders will be authorized to monitor and report their emissions during voyages within the European Economic Area and 50% of voyages that begin or end termination at European ports. In a recent client advisory report, Maersk said that compliance costs are expected to be significant [...]