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Asian Chemical Connections

Ethylene Freight Rates Head For Collapse

“If I didn’t care what happens to you….” Source of picture: www.sydbarrett.com   By John Richardson AS many as 25 new ethylene vessels could be in operation by 2013 as a result of what one shipping industry source told the blog was “irresponsible shipping brokers and consultants talking up the market”. He predicted that the […]

Asian Ethylene Market Uncertainty Continues

By John Richardson THE outlook for ethylene spot market availability remains muddled as a few weeks ago due to higher freight rates and uncertainties surrounding Middle East natural-gas feedstock supply. Freight rates for all Middle East, Asia and West Mediterranean routes were higher in August than their 12-month average, according to Singapore shipping broker Braemar […]

Could new laws threaten your supply chain?

I am at logistics conference at the moment where the major theme is a chronically tight global container shipping market because of booming exports from China. Ports are congested, waiting times are increasing, freight rates have in some cases doubled in the last two months(for example, the Middle East-Asia route) and there is no immediate […]

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