The presence of a considerable number of ports and harbors for the trade of oil and chemicals, automotive components, electronic components, and devices, among others, contributes to the market growth in the APAC region.The region further offers different types of vessels, such as containers, tankers, and other cargo ships.
Gas prices are the highest in two years, and drivers may soon face more headaches at the pump ...CNNBusiness reports fuel shortages are possible this summer as the NationalTank TruckCarriers (NTTC) trade group said 20-25% of tanker trucks will not be moving gasoline due to a lack of qualified drivers ... However, if the U.S ... Visit syracuse.com ... .
A small error in the paperwork – a box ticked by mistake – and the tanker of butter oil was held at French customs for five days, with veterinary authorities at the border threatening to destroy it. The debacle nearly cost the tanker’s exporter, dairy company CountyMilk, a six-figure sum.
Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday. Six LNG tankers diverted away from India since April 20, changing the destination to northeast ...
Insider trading, Merriam-Webster tell us, is “the illegal use of information available only to insiders in order to make a profit in financial trading.”. In 2011, conservative think-tanker Peter Schweizer wrote a book about legal but unethical financial trading ... “So Congressmen get a pass on insider trading?” Schweizer.
A shortage of tanker truck drivers may lead to rising gas prices and even dry pumps at fueling stations, experts warn as many Americans are back on the road and gearing up for the summer travel season, NBCNews reports ... the American Trucking Associations, an industry trade group.
“I do think it will be many years though before this new technology will be both practically and commercially viable for tramp trading tankers and bulkers since you need to also build out the bunkering infrastructure,” Berglund tells MaritimeCEO.
The company’s trading outlook has also just expanded from its traditional European focus to go worldwide thanks a tie-up with Ardmore to market four of its other tankers ... “As a tanker shipping company, we are an energy transporter ... “We are investigating at all ends which will be the best for our home and future trading areas.”.
“We do not have enough tankers to carry supplies ... Add to this the problem of states holding up tankers on the way and you get an idea of the crisis,” a Linde executive told The Indian Express ... According to the Department for Promotion of Industry and Internal Trade, there are 434 argon tankers and 765 nitrogen tankers in the country.
Until now, the movement of carbon dioxide cargoes at sea has been a very niche trade, but a host of developments in the last 12 months suggest CO2 has a bright future as growing trade. Mitsui OSK Lines (MOL) last month announced that it has decided to invest in Norway-based Larvik Shipping, a pioneer in this unique trade.