Testimonials

We were let down by another freight company and we are very glad that we chose RW Freight Services to handle our shipment. Everything went very smoothly and queries are replied to promptly. We will not hesitate to use them again in the future

Norway Groupage Exporter
91368

We only have positive feedback for RW Freight. Excellent service for our China import freight.

China LCL Importer
78767

RW Freight Services were on time collecting my Swedish exports

Sweden Export Freight
5351

More Testimonials

air freight Australia Brexit Canada cargo China container containers Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey U.S.A USA wine

China’s ‘teapot’ oil imports may stall on port bottlenecks

Tags: ,


Logistical bottlenecks and growing crude inventories will soon force China’s independent refiners to cut back on a surge of imports.

China’s independent oil refiners, known as teapots, were granted licenses to import crude only last year.

Frenzied buying of oil imports from the teapots to stock up on cheap crude in the first quarter helped push prices to 2016 highs. This led to long lines of tankers waiting to unload at ports in eastern Shandong province,causing difficulties for logistics and freight operators as freight vehicles waited in long queues.