Innofreight receives loan from bank consortium

The steep fall in container freight rates over the last few months has had severe ramifications for wood-based panel and wood product imports from Asia and South America. Importers and wholesalers are holding back on placing new orders....

The steep fall in container freight rates over the last few months has had severe ramifications for wood-based panel and wood product imports from Asia and South America. Importers and wholesalers are holding back on placing new orders. At the same time, stocks in North Sea ports and at merchants that were bought at...

In conjunction with D. Oltmann Logistik GmbH of Hamburg, Germany, and Ultrabulk A/S of Gentofte, Denmark, Seehafen Wismar GmbH of Wismar, Germany, is starting a scheduled service for sawn-softwood exports to the USA. Ultrabulk ships are to serve seaports on the US East Coast from Wismar starting in November 2022. Two...