China Binges on African Oil Like Never Before After OPEC Cuts

China is set to import record amounts of crude oil from West Africa this month as OPEC’s supply cuts pave the way for other nations to gain a greater foothold in the fast-growing Asian market.

Investors Have Never Loved OPEC So Much as It Sticks to Cuts

Investors are betting big that OPEC’s cuts are real.

World Trade at Sea Has Hangover From Party That Never Happened

Little more than a year ago, shipping companies hauling everything from furniture to electronics across the world’s oceans were looking forward to a period of surging demand. It didn’t work out that way and they’re still suffering now.

China’s Imports – Never More Important To Shipping?

Over the last 15 years China has led maritime forecasters a right old dance. In 2002, rumours that Chinese iron ore imports were about to take off were hard to believe. In those days China’s total imports were below 400mtpa and the ore trade had been slug

L.A. Long Beach Congestion: Record levels of cargo congestion never seen before. Dark days ahead if congestion & gridlo

LA-Long beach congestion has reached a boiling, on Tuesday there was more than 20 container ships at Anchor on ...