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Moray West to start 2023 with export cable route UXO work

portnews -
A dive vessel, DSV Curtis Marshall, is scheduled to soon begin investigations and disposal of potential unexploded ordnance (pUXO) at the nearshore part of...
Australia

Exporters line up shipments for Australia

portnews -
  Pharmaceuticals, apparel, jewellery, transmission line towers and millets are among key items that were shipped from India on the first day of the India-Australia...
Market

China increases trade in Asia as US pushes toward decoupling

portnews -
While the U.S. has sought to persuade countries to reduce their dependence on China, trade ties between the world’s second-largest economy and the rest...
China

China reopening earlier than expected could hit supply chains in the short term, but boost growth in 2023

portnews -
Mainland China’s reopening came sooner than expected for investors, and Goldman Sachs warns it will lead to short-term strains in the workforce and supply...
India

Russia’s India-bound Urals loadings set for record this month

portnews -
The percentage of Russian Urals crude exported to India in December is on track for a record, even as weaker Asian demand and a...
News

TSMC chief executive says export controls weaken trust

portnews -
TAIWAN Semiconductor Manufacturing Co (TSMC) chief executive CC Wei warned of the dangers of excessive government export controls, reports Bloomberg. 'Export controls and banning products...
News

Victoria’s Secret moves freight from air to ocean to save costs

portnews -
OHIO-BASED women's fashion giant Victoria's Secret has been moving shipments away from air in favour of ocean transport, reports Washington, DC's SupplyChain Dive. Company finance...
News

Russian Fertilizer Producers Association reports 15-pct fall of exports in 2022

portnews -
Exports to India have almost tripled, to the Middle East - rose 1.5 times In 2022, exports of Russian fertilizers fell by 15%, year-on-year, to...
News

Japan Factory Output Falls a Third Month as Global Demand Cools

portnews -
  Japan’s factory output shrank for a third straight month in November as cooling demand overseas pushed production levels further below pre-pandemic levels. Industrial production edged...
News

After oil, India imports cheap steel from Russia

portnews -
  Steel imports from Russia jump over 400% in Apr-Nov period. Cheaper offerings, distress selling by mills and a fall in international steel prices, have...
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