Category archives: Freight

Oil Tankers Drag Out Sailing Times as Surplus Snarls Ports

Oil Tankers Drag Out Sailing Times as Surplus Snarls Ports When the supertanker New Vigorous arrived at the port of Antifer in northern France last Saturday, it made a small bit of maritime history. The vessel, laden with 2 million barrels of crude, became the first in almost two years to make the voyage from …

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Unexpected Gain in Chinese Exports Is Seen as Temporary

Unexpected Gain in Chinese Exports Is Seen as Temporary China’s exports unexpectedly rose in April aided by stronger shipments to South East Asia, though with the coronavirus pandemic damaging global demand that increase is likely to be temporary. Imports fell. Exports rose 3.5% in dollar terms in April from a year earlier, while imports dropped …

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