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TODAY: Hapag Lloyd hikes rates for shipping to and from regional ports + Saudi Arabia is eyeing more trade pacts
Good morning, wonderful people. We have a busier than usual midweek issue for you, with several big updates from Saudi…
The US’ price cap on Russian crude oil is giving rise to more shadow tankers, and is hiking freight rates + Biden suggests IMEC triggered Hamas attack on Israel
US crackdown on oil shippers for violating Russia sanctions could divert cargoes to more shadow tankers: Industry insiders are warning…
Bahri’s net income falls 16.87% y-o-y in 3Q 2023
A rise in operating costs and shipping rates impacted Bahri’s bottomline in 3Q 2023
TODAY: Israel to pay compensations for vessels damaged in war + Has the EU lifted the ban on Iraqi Airways?
Good morning, friends. We have a relatively packed issue for you this morning, so let’s dive in. THE BIG LOGISTICS…
DP World + Rosatom set up USD 10 mn JV for new Arctic container shipping route
The arctic route is set to slash a week off the 23 days it takes to sail from North America…
TODAY: SCA announces transit fee rebates for some vessels + an end to the Armenia-Azerbaijan conflict?
Good morning, friends. We have a packed issue for you this morning in terms of big agreements and partnerships in…
Key US-Canada trade artery shuts down due to union strike + China, Russia could boost trade through Northern Sea route, though NATO has its concerns
Saint Lawrence Seaway shuts down after union walkout: The Saint Lawrence Seaway, a major trade artery that is jointly managed…
India’s IPGL looks to the UAE for equipment for Iran’s Chabahar port + more customs digitization in Dubai
SHIPPING + MARITIME- India’s IPGL to source equipment from Gulf-based firms to use at Iran’s Chabahar Port: India’s state-owned India…
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