NewsRamp™’s Post

"In today’s fast-paced world, speed and reliability are key to success in the precious metals industry. Aurac AG is proud to offer swift, secure deliveries across the globe from our offices in China, India, Georgia, Belgium, and the Baltics. Let us be your trusted partner in ensuring your supply chain stays ahead of the curve. 🌐💼 #FastDelivery #GlobalTrade #SupplyChainExcellence #AuracAG #PreciousMetals"

This will be an interesting discussion as Andrew Benjamin, joins the Dry Bulk panel discussion hosted by S&P Global during the Singapore Maritime Week (SMW) . The markets are interestingly poised at these levels and sufficient forces of push and pull at play including geopolitical situation surrounding US elections, Conflicts, et al. #logistics #smw #drybulk

Congratulations to our ICE CargoDocs customers BHP, Rio Tinto, Vale and Anglo American for this fantastic achievement. Congratulations also to BIMCO and the Future International Trade (FIT) Alliance for their tireless leadership. eBL adoption is accelerating in all shipping modes (tramp, breakbulk, barge and liner) as Governments, Multilateral Institutions, NGOs and Industry push for greater trade digitization. This achievement is particularly impressive as the vast majority of these transactions involved negotiable eBLs, of which a significant portion covered negotiable eBLs and supporting docs being digitally presented under eUCP 2.1 governed letters of credit under confirmed and, in some cases, back-to-back LCs.  This milestone would not have been possible without the deep collaboration between these mining companies and the ICE Digital Trade Customer Success team, who together built out the network of traders, banks, ship agents, and bulk operators involved in these trades. #BIMCO #FITAlliance #electronicbilloflading #eBL #eDocs #metals #minerals #bhp #riotinto #vale #angloamerican #icedigitaltrade

Insights Success magazine interviewed Anand Sheth, Director of BOLT Tanks , about his business journey and how he is navigating the diverse industry landscape. Mr. Sheth shared his insights into the industry's current state, the technological advancements shaping operations, strategies for addressing challenges, and a glimpse into the future trends he envisions. Watch this Video - https://lnkd.in/d7UryEdM #InsightsSuccess #AnandSheth #BulkOilTransport #LiquidTransport #BusinessLeadership #Innovation #SustainableTransport #IndustryTrends #Bolttanks

The SPI Marine team has released the Chemical & Product Tankers Report, highlighting key trends in the marine industry for May 2024. This month’s report covers: ◾ Tradelane Summary: ▫ Stability and volatility in European, Asian, and American freight markets. ▫ Updates on EU Carbon Credits and global oil prices. ◾ Vegoils / Plants / News: ▫ Major developments in edible oil flows and significant shipping news. ▫ Updates on key chemical plant activities and industry acquisitions. ◾ Markets / Projects – S&P: ▫ Trends in time charter rates and fleet growth. ▫ Insights into demolition prices for tankers. For the full version of the report, please contact us at [email protected]. #shipping #maritime

🌍 Big Changes Ahead for Global Shipping Alliances! 🚢 From February 2024, the landscape is set to shift with THE Alliance transforming into the Premier Alliance, featuring Ocean Network Express (ONE), HMM, and Yang Ming Marine Transportation. This move will boost end-to-end services on key trade lanes like Asia-Europe and Transpacific, providing more robust and reliable options for shippers like us at HoFiEx. What’s more interesting is MSC's standalone journey after parting ways with Maersk in the 2M vessel-sharing agreement. The Gemini Cooperation between Hapag-Lloyd, Maersk and MSC's significant investment in fleet capacity, are bound to reshape supply chains for years to come. For companies navigating this rapidly evolving market, it’s crucial to stay informed and plan ahead. At HoFiEx, we are always adapting to these changes to ensure our clients’ freight forwarding and logistics needs are met with the highest level of efficiency. Looking forward to seeing how these new alliances will shape the future of global trade. 🌐📦 Contact us for more details: Email: [email protected] Phone: +917045753344 #FreightForwarding #GlobalTrade #SupplyChain #ShippingIndustry #PremierAlliance #MSC #HMM #YangMingMarine #GeminiCooperation #ExportTrade #Logistics #hydraulichose #hosefittings #hydraulicfittings #expansionjoint #expansionbellow #fittings #emergencyresponse #safetyfirst #hofiex #HoFiEx #qualityassurance #innovation #exportquality #aapatelandsonseximllp #mining #importexport #oil #gas #oilandgas #petrochemicals #fuel

The impact of #geopolitical events including war in #Ukraine and the #MiddleEast have disrupted #producttanker trade flows and exacerbated supply tightness, resulting in elevated employment rates for vessels. MSI’s sector specialist Bonita Nightingale told the Riviera Maritime Media Ltd International Chemical & Product Tanker Conference that record high earnings and asset values are not driven by the core supply and demand fundamentals but rather by external factors such as the reallocation of swing tonnage from the Clean Petroleum Products market and shifts in trade flows. Looking ahead, Ms Nightingale projected moderate demand growth, with a significant portion of new capacity expected to come online in Asia, especially China. "Some 45% of current capacity is in Asia, with China alone making up 25% of global capacity," she stated. MSI provides high quality data-driven insights into global shipping markets, supply chains and the energy transition. Contact [email protected] to discuss our services. #shipping #maritime #supplychain #oilproducts #chemicaltrades #CPP #tankers #commodities Read more: https://lnkd.in/dkrfu4AB

In the preceding slide, we delved into the components encapsulated within the concept of supply. Two pivotal points merit further exploration: “That Import -whether or not related to business will also be supply” and “Schedule I activities- Without consideration is also supply” #knowyourgst #GoodsAndServicesTax #GSTInsights

Netchem's Q3 summer newsletter is here, featuring the latest updates on ocean freight trends and CN railway developments. Stay informed with key insights to navigate the dynamic logistics landscape this season. #NetchemNews #supplychain #supplychainmanagement #NetchemInc #newsletter #rawmaterials #specialtychemicals #suppliers #certifiedWBE #WBECanada

Today, The Tank Tiger is just wrapping up our annual visit to the IPC AFPM in San Antonio. It was awesome to see that our service is really growing in the chemical space to go along with our traditional bread and butter role on the petroleum side of the biz. Speaking of chemicals, check out our newest listing for available chemical storage in Houston. Come and get it. It certainly has been a busy month of March, starting with our Kirby Ice House Happy Hour in Houston where we hosted 150 guests and dozens of different companies - and then shaking more hands at the AFPM in Grapevine and CERAweek back in Houston. We’re very aware of the fact that as the number of different customers we serve continues to grow, our clearinghouse service becomes even more valuable to all. It’s all very exciting as we enter our 9th year of operation – proof of concept that the hub and spoke model is an efficient method of information dissemination.  So anyway, it was great seeing everyone. You know who you are. It’s not just Houston that is starting to heat up. Last week, the stock market notched its best weekly performance of 2024.  The Fedspeak emboldened investors as Chairman Powell is standing behind a semi promise of three interest rate cuts this year. On the other hand, oil prices settled lower on Friday, ending the week with a loss, as talks of an Israel-Hamas ceasefire sent the bulls to the sidelines. Furthermore, US production growth looks to continue as these higher prices are encouraging the domestics to drill baby drill.  More oil on the market might reverse the trend of declining inventories. Could contango be far behind? WTI Crude prices settled Friday at $80.63 a barrel.  Of course, there’s always government intervention looking to steal the punch bowl. The EPA announced their tailpipe emissions standards for model year 2027-2032 passenger vehicles. By the end of that period, the U.S. vehicle fleet is mandated to average a tailpipe emission target of 85 grams/mile— something that gas, diesel or hybrid vehicles simply cannot do. The only way to meet this goal would be for US automakers to sell more electric vehicles. Way more. Commensurate with that, there was so much talk of GREEN energy at CERAWeek, one would have thought we were celebrating St. Patrick’s Day.  In the midst of this, we were exceedingly delighted that The Tank Tiger was able to unveil our online digital platform with a presentation at CERAweek. We had a Guinness and lunch at Huynh to celebrate. Slainte.   Listen to The Tank Tiger Podcast with Michael Ryan of Sparta Commodities Tank Tiger Podcast with Michael Ryan of Sparta https://conta.cc/4aq9RXs