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Global Trade & Economics: Page 178

Germany’s BASF Inks LNG Supply Deal with Cheniere

Starting from the middle of 2026, BASF will receive about 800,000 tons of LNG annually from Cheniere Energy Inc. in an agreement that runs through 2043.

Schwarzheide, Germany. Photo: Sean Gallup/Getty Images/Bloomberg

UN Says Africa Can Become a Major Exporter with More Investments

Africa’s reserves of critical minerals make the continent key to the success of the global semiconductor and EV markets, but it could also benefit from supply chain diversification.

Photo: iStock.com/titoOnz

Tata Seeks Partnerships for U.K. Battery Plant to Supply Jaguar Land Rover EVs

The collaborations for the battery plant could range from a joint venture and the sharing of knowledge to experimentation and licensing agreements, Tata said.

Range Rover's electric Defender SUV. Los Angeles, California, November. 20, 2019. Photo: Patrick T. Fallon/Bloomberg

Top U.S. Firms from Apple to Intel Decry India PC Import Curbs

In a letter to U.S. officials, eight American trade groups asked the Department of Commerce, the U.S. Trade Representative and the government to urge India to reconsider the policy.

Photo: Bloomberg

Ghana Unlikely to Fulfill All Cocoa Contracts After Weak Harvest

Farmers in the West African nation are expected to see the lowest output since 2010 in the season that ends September 2023, missing official forecasts by nearly a quarter.

Photo: iStock / Narong KHUEANKAEW

Indonesia Files Dispute with WTO Over EU's Tariffs on Biodiesel Fuel Imports

Indonesia argued that the EU’s duties and the investigation that led to the bloc imposing the tariffs are inconsistent with WTO provisions.

Photo: iStock.com/NicoElNino

USDA Lowers Global Rice Trade Forecasts in 2023, 2024

The USDA reduced its forecast of global rice exports by 1.9 million tons for 2023 and 3.4 million tons for 2024.

Photo: iStock.com/piotr_malczyk

DP World Adding 3M TEU of Handling Capacity in 2023

Beyond physical expansion, the projects will also focus on implementing new technology and adopting updated terminal operating systems, including automation, at each port.

Image: Pexels, Tom Fisk.

Russian Oil Switched Between Tankers Off Spanish Enclave After Four-Month Hiatus

The Tiburon collected about 100,000 metric tons of Urals crude originally loaded at the Baltic Sea port of Ust-Luga from a similar-sized vessel, the Lucia, over the past week.

Photo: iStock.com/Alexey Bakharev

Wind and Water Could Usher in a New 'Intermodal' for Post-Carbon Freight

The new, sustainable version of “intermodal” could mean combining road and rail with coastal and inland water whenever possible

Schooner Apollonia sails across New York Harbor. Photo: Center for Post Carbon Logistics

Suppliers' Spare Capacity During July Came Close to May 2020 Levels

The GEP Global Supply Chain Volatility Index fell for the sixth consecutive month during 2023 from -0.26 in June to -0.50 in July.

Photo: iStock.com/PaperFox

China Resumes Australian Barley Trade After Scrapping Tariffs

Traders have booked at least four cargoes of Australian grain for shipping from September to October after Beijing removed import tariffs on August 5.

New South Wales, Australia. Photo: David Gray/Bloomberg

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

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