Katoen Natie exits LME warehousing in Asia, operator switches to Henry Bath

Katoen Natie Singapore (Jurong) Pte Ltd has withdrawn from London Metal Exchange warehouse services with immediate effect, with the operator and name of the shed switching to Henry Bath Singapore, the LME said on Friday July 6.

The Belgian-based logistics provider had listed Singapore as an LME-approved warehouse in November 2016 and had only 75 tonnes of stock in May, according to the latest inventory report by the LME. It retains two LME warehouses at its headquarters in Antwerp, albeit with no stock registered as of May data....

Published

Perrine Faye

July 06, 2018

14:35 GMT

London