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Panama canal holds first auction for queue jumping + The US isn’t happy with Turkey’s exports to Russia
The Panama Canal Authority (ACP) is holding auctions for vessels looking to jump the queue to transit the congested waterway,…
US retailers are getting more selective with their inventories this holiday season + Maersk divests stake in Hoegh in latest in cost-saving measures
Wary of overstocking, US retailers have reworked their inventory strategy for this year’s holiday season:Big-box retailers such as Walmart and…
KSA + Uzbekistan ink transport infrastructure agreements + Pakistan, UAE agree to cooperate on logistics and port operations. PLUS: More from Iran and Kuwait
The agreements will be funded through a joint-fund between Uzbekistan and KSA
TODAY: DP World breaks on logistics park in Egypt’s Ain Sokhna port + Israeli shipping firm reroutes vessels amid attack threats
Good morning, lovely people. We have another relatively tight issue for you this morning, with some updates on maritime tensions…
Ukrainian grain exporters can’t catch a break + a Japanese ro-ro vessel completed its first autonomous trip
Ukrainian grain traders are irked by new parliament bill: Ukrainian traders’ union UGA has expressed concern over the Ukranian parliament’s…
The EU is pushing back against the emissions trading system, which could cost them some USD 3.6 bn in levies
EU carbon market reforms will cost the shipping industry USD bns: The EU’s Emissions Trading System (ETS) reforms approved earlier…
GCC, Azerbaijan approve action plan to boost trade + Qatari Transport Minister meets with counterparts at IMO assembly
GCC + Azerbaijan trade cooperation action plan approved: The GCC and Azerbaijan have approved a joint action plan for 2024-2028…
The maritime sector is not on track to meet its 5% SZEF target by 2030
The window for action is closing within the next two to four years, the report says
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