Japan January export seen falling most in 2 years

Tokyo - Japan’s exports in January are forecast to have fallen at the fastest pace in more than two years as the U.S.-Sino trade war put the brakes on demand for Japanese electronics, car parts, and heavy equipment


Trafigura halts oil trade with Venezuela

Geneva - Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U.S. sanctions on the OPEC nation’s energy sector, a source with direct knowledge of the matter said


DSV raises offer for Panalpina in logistics tug of war

Zurich - Danish logistics group DSV A/S sweetened its offer for Panalpina to $4.3 billion, with a tug of war escalating on Friday over the Swiss company as it weighs a separate deal with Kuwait’s Agility Group


Venezuela shifts oil ventures’ accounts to Russia

Caracas - Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia’s Gazprombank AO, according to sources and an internal document


U.S. LNG export plants to ramp up natgas use as Gulf Coast fog clears

Washington - Natural gas flows to U.S. liquefied natural gas export terminals were expected to increase in coming days after collapsing to their lowest level in almost a year as fog clears along the Gulf Coast, according to analysts and data from Refinitiv

Uljanik shipyard selects strategic partner
Sanctions on Iran dampen South Korean petchem exports
Commission prohibits Siemens’s acquisition of Alstom
China hacked Norway’s Visma to steal client secrets
In event of no-deal Brexit, Britain to give EU truckers access without permits