Platts, part of S&P Global Commodity Insights, proposes to change the basis port of the CIF Mediterranean Marine Fuel 0.5% Cargo assessment (MFCMM00) from Genoa to Algeciras, effective Jan. 2, 2026.   Following market feedback and an observed change in...

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Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the South American country’s oil following a new license granted by Washington, vessel tracking data showed. The U.S. Treasury Department last...

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If you are a business preparing a budget ahead of tendering for your next long term ocean container shipping contract, where do you start given the massive supply chain volatility during 2025 in the wake of US tariffs and trade wars? In a hypothetical scenario where...

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Rates for shipping containers from east Asia and China to the US continued to fall this week, with rates to the US West Coast nearing where they were when carriers began avoiding the Red Sea because of attacks by Houthi rebels. The sudden move to avoid the Red Sea and...

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The government has identified 50 public-private partnerships (PPP) projects worth over ₹60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business...

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The EU and Ukraine are working to finalize a long-term, predictable, and reciprocal trade regime under Article 29 of the Deep and Comprehensive Free Trade Area, the pre-war trade agreement between the two partners. On June 30, the European Commission concluded...

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