Activity at Israel's ports is slowing after Saturday's attacks by Islamist group Hamas on towns close to Gaza, with the cost of insurance premiums for Israeli shipments soaring amid tightening supplies of food stocks, according to sources and data…
Operations and services to Israeli ports are continuing without interruption although service interruptions may occur at short notice, Israeli container line Zim said on Wednesday.While around 90% of its operations are outside Israel, the company…
A new and deadly chapter of the decades-old Israel-Palestinian conflict is a reality check for an ambitious trade route. The India-Middle East-Europe Economic Corridor (IMEC), championed by Washington last month on the sidelines of the G20 summit…
Kamel Tlili takes up the role of Regional General Manager Asia-Pacific for international freight and logistics insurer, TT Club based in its Singapore office.Tlili joins TT after a period of six years leading British Marine’s P&I Underwriting Division in Asia at QBE…
Thousands of cars are now entering Turkey after DP World Yarımca introduced a ‘cars in containers’ shipping solution that has helped solve an automotive supply chain crisis in the region.Congestion at Turkish ports has resulted in significant…
U.S. LNG company Freeport LNG sought permission from federal energy regulators to take more steps to return its export plant in Texas to full commercial operation.Federal approval would allow the plant, which shut for about eight months from June 2022 to February 2023 after a fire…
Seaborne diesel and gasoil exports from Russian ports fell 27% in September from a month earlier to about 2.76 million tonnes due to a major overhaul of refineries and a fuel export ban, data from traders and LSEG showed.Idle primary oil refining capacity for September stood at 4…
A new marine insurance facility for Ukrainian grain exports using the country's sea corridor has been set up in conjunction with Ukraine's authorities, insurance broker Miller said on Tuesday.Russia quit a U.N.-backed deal in July to enable exports from Ukraine to sail from three approved ports…
The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market, according to Maritime Strategies International (MSI).COVID-related supply chain inefficiencies and associated…
Commodities group Trafigura Group has announced an evolution of its executive team to further strengthen leadership and focus across its global activities during a period of exceptional success and growth.Jeremy Weir, Executive Chairman and CEO…
Japan will ensure stable and steady energy supply to the country even after the U.S. imposed fresh sanctions related to Russia's Arctic LNG 2 project, Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Tuesday.The Arctic LNG 2 project…
Ukraine’s Danube Shipping Company (DSC) has asked Romania’s Constanta Black Sea port to allow ship-to-ship grain transfers which would almost double its barge export capacity, the company said on Monday.A major grower and exporter, Ukraine’s…
Optimized to deal with shallow water levels, a diesel-electric drive system and an extra-wide design for the vessel are the main features of a gas tanker that HGK Shipping ordered from the Dutch shipyard, De Gerlien Van Tiem, on September 15…
The European Commission said on Friday that it would not extend a ban on imports of Ukrainian grains into Ukraine's five EU neighbors due to expire on Friday.'It has concluded that thanks to the work of the Coordination Platform and to the temporary measures introduced on 2 May 2023…
Cargo volume at the Port of Los Angeles jumped from July to August after business lost during the now-finished West Coast labor talks began returning, the top executive at the nation's busiest ocean trade gateway said on Thursday.That data comes as seaports on the U…