China demand drives Singapore oil storage sales to nearly a year-high

Crude oil sales from storage tanks around Singapore rose to an 11-month high in March, with nearly half of the volumes going to China and traders clearing inventories ahead of record shipments to Asia expected to arrive in April.

China demand drives Singapore oil storage sales to nearly a year-high

Crude oil sales from storage tanks around Singapore rose to an 11-month high in March, with nearly half of the volumes going to China and traders clearing inventories ahead of record shipments to Asia expected to arrive in April.

MPA Drives Innovation to Enhance Singapore’s Hub Port Competitiveness

The maritime sector is undergoing significant transformation. To enhance Singapore’s hub port competitiveness, the Maritime and Port Authority of Singapore (MPA) is leveraging technology to help maritime companies innovate and move into new growth areas.

Surge in demand for coal drives Australia’s Newcastle vessel queue to 15-month high

The number of vessels queuing at the Port Waratah Coal Services terminals has surged in recent weeks following stronger demand for the commodity, a spokesman for PWCS said Monday.

Higher inventory in ports drives methyl alcohol price declining

Up to Oct.29, methyl alcohol price in part market kept declining. Most enterprises were implementing the contract...

China’s ship scrapping policy drives out 4.2m dwt of capacity in H1

The Chinese shipping market has removed around 4.2m dwt of elderly vessel tonnage in the first half of this...

Weak demand drives up iron ore stockpiles

An expert said that rising stockpiles of iron ore at Chinese ports indicates dropping iron ore demand due to...