ID 413265143 | Shanghai Container Port © Robby Ariyandi | Dreamstime.com 02/06/2026 Foggy weather at China’s key container ports of Shanghai and Ningbo has worsened the congestion, pushing up waiting times for ships just as exporters are rushing to send their goods to Europe and the US. Linerlytica’s report this week estimates 1.5 million teu […]
Chinese shippers ‘fogged down’ by worsening port congestion Read More »
The oil price rally lost steam after President Donald Trump’s diplomatic efforts to de-escalate tensions in Lebanon calmed commodity markets, pushing global oil prices lower and allowing crude to ease from earlier multi-week highs. Brent crude for August delivery was down 1.7% to trade at $93.35 per barrel at 4.45 am ET, while WTI crude
Oil Pulls Back as Trump Claims Lebanon Ceasefire Deal Is Within Reach Read More »
India’s inflation is set to accelerate to 4.8% in the fiscal year 2027, if oil prices average $90 per barrel through March next year, Indian wealth and asset manager 360 ONE Capital said in a report on Tuesday. “Our revised base case assumes de-escalation by mid-June, with crude oil averaging $90/bbl in FY27,” the asset
$90 Oil Could Lift India’s Inflation to 4.8% and Slow GDP Growth Read More »
ID 44531525 © Fedor Kondratenko | Dreamstime.com 02/06/2026 As June begins with most freight forwarders looking to make up for previous weakness during the second quarter, the financial performance that Ceva Logistics has delivered so far in Q2 26, quite simply “commanded action”, sources tell Premium. (After a dreadful Q1 26 delivery, as recently disclosed)
EXCLUSIVE: Big shake-up under way at Ceva Logistics – heads roll Read More »
Published by Jody Dodgson, Editorial Assistant Global Mining Review, Tuesday, 02 June 2026 09:00 Advertisement Sandvik and Rio Tinto are partnering to jointly develop and integrate Sandvik i-series surface drill rigs with Rio Tinto’s Autonomous Drilling System (Rio Tinto ADS™). The collaboration combines Rio
Sandvik, Rio Tinto partner to advance autonomous open-pit drilling Read More »
China imported 4.9 million tons of liquefied natural gas last month, a slight increase on an annual basis, Bloomberg reported today, citing shipping data. The rebound comes ahead of a likely jump in electricity demand over the summer as air-conditioning demand rises. The May figure is also a reversal of import trends from the previous
China’s LNG Imports Recover Ahead of Peak Cooling Season Read More »
EXCLUSIVE: Ziegler UK sees ownership change, amid group break-up rumours Ziegler UK appears to have undergone a management-led restructure, according to Companies House filings and … M&A Rebuilding the UK Ziegler Ziegler UK May 14, 2026• 0 Comments• Share
BNA: Belgium’s Ziegler files for bankruptcy, 400 employees affected Read More »
Union workers at the Ichthys LNG project in Australia have started limited industrial action at the facility, threatening broader work suspension unless the wage dispute with employers is resolved soon. The Offshore Alliance, a coalition of two trade unions, last month notified Japan’s Inpex that a strike may be imminent at the company’s Ichthys LNG
Strike Action at Major Australian LNG Facility Raises Supply Concerns Read More »
Tighter petroleum product supply resulting from the Strait of Hormuz crisis will keep refining margins significantly higher throughout 2026, Goldman Sachs has forecast, with diesel margins especially elevated, Reuters reported. The war in the Middle East has pushed refiners’ margins two to three times higher than the average for the period from 2013 to 2019,
Goldman Sachs Sees Strong Refining Profits Through 2026 Amid Fuel Supply Crunch Read More »