Category archives: Freight

China’s tariff threats on Australian barley force farmers to pause mid-planting

China’s tariff threats on Australian barley force farmers to pause mid-planting Australian grain farmers have stopped sowing barley mid-stream in some paddocks as they brace for lower prices and the prospect of losing a major market in a brewing trade storm. At the weekend, farmers were told by Australian grain groups that China was proposing …

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Recovery Quickens as PBOC Vows Support

Recovery Quickens as PBOC Vows Support Chinese industrial commodities began the week on the front foot after the central bank pledged more powerful policies to combat the coronavirus’s hammer blow to growth. The evidence of the past few days, from shrinking crude and metals stockpiles, to the rebound in car sales and usage, suggest that …

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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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