IBIA raises concerns about new BDN text at IMO

IBIA has submitted a document to the 71st session of the Marine Environment Protection Committee, highlighting...

EU Raises Anti-Dumping Duties on Chinese Steel

The European Union slapped Chinese steel imports with new anti-dumping duties Thursday, heightening a growing conflict in which each side accuses the other of unfair trade practices.

Australia raises 2016-17 LNG exports forecast to 52.4 mil mt, 2017-18 to hit 67.3 mil mt

The Australian government has bumped up its forecast for LNG exports for fiscal 2016-2017 (July-June) to 52.4 million mt, and given an estimate for 2017-2018 of 67.3 million mt, the Department of Industry, Innovation and Science said Monday in its Resourc

HSBC raises world economic growth, inflation forecasts, dubs moves ‘rare treat’

Economists at HSBC on Wednesday raised their forecast for global growth and inflation over the next two years based on robust manufacturing activity, a resilient China and above all the fiscal boost expected to come in the United States.

Goldman Raises Iron Outlook as More Steel Volatility Looms

Goldman Sachs Group Inc. increased its short-term outlook for iron ore and predicted continued high levels of volatility in steel markets.

DP World raises $1.2bn from sukuk bond issue

Dubai-headquartered terminal operator DP World has raised $1.2bn from a sukuk bond issue.DP World said the issue ...

OOCL Raises Freight Rates in July

Orient Overseas Container Line Company (OOCL) has announced to adjust some routes’ freight rates since 1st July. This adjustment includes: all rates of boxes of the westbound routes from Europe to US, Canada and Mexico add another $150 per TEU. Rates of w