Trade activity across the Houston Ship Channel region remained strong, while Port Houston gained momentum with increases in imports, empties and a modest decline in exports.“Our region remains resilient through evolving global trade conditions.
Houston Ship Channel Trade Tonnage Climbs 16% Read More »
Taiwan’s government on Thursday proposed an 18% rise in defense spending for next year, including for drones and missiles, taking it above T$1 trillion ($31.41 billion) for the first time as Taipei bolsters its military to ward off China.The budget det…
Taiwan Plans Record High Defense Spending Read More »
The Panama Canal Authority will cap daily transits as of early September as it gears up for a longer-than-usual El Niño season expected to reduce water levels, it said on Thursday, walking back a previous pledge to not limit vessel passage.Under the ne…
Panama Canal to Cap Daily Transits Read More »
Voyage from Middle East to China on scrubber-fitted ship comes at higher rate
“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y, fuelled by a 26% y/y drop in grain exports from the Black Sea as Russian and Ukrainian attacks on ships and port infrastructure have intensified. A recent proposal …
Global grain shipments fall 8% as attacks in the Black Sea escalate Read More »