12 Mar 2025
12 Mar 2025
Notably, Hapag-Lloyd’s departure from THE Alliance and Maersk’s withdrawal from the 2M agreement have disrupted previous market structures, leading to increased rate competition as carriers adjust their strategies in the evolving landscape.
12 Mar 2025
11 Mar 2025
Oil prices fell on Monday, 10 March 2025, as concerns over escalating US tariffs and rising OPEC+ supply weighed on market sentiment. Broader economic uncertainty and weakening demand expectations further reinforced the bearish outlook.
11 Mar 2025
10 Mar 2025
Oil prices edged higher on Friday as investors navigated shifting supply signals and renewed geopolitical tensions. Market sentiment remained fluid, shaped by OPEC+ output considerations and potential US measures targeting Russia and Iran.
10 Mar 2025
Lotte Chemical Corporation (LCC) has announced plans to sell a 25% stake in its Indonesian subsidiary, Lotte Chemical Indonesia (LCI), through a Price Return Swap (PRS) agreement. The move aims to strengthen LCC’s financial position amid ongoing challenges in the petrochemical sector.
