News Flash | Sea and Job

Shadow tanker operators swing between sanctioned countries to support oil flows

Russia, Iran and Venezuela — all under various US and EU sanctions targeting their energy exports — are increasingly sharing the same pool of vessels to maintain their overseas oil sales, aided by an emerging class of shipping companies controlled by shadowy...

Baltic Index Steady As Gains In Capesize Offset Lower Rates For Panamax

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was mostly unchanged on Monday as gains in capesize countered weakness in panamax. The main index, which tracks rates for capesize, panamax and supramax shipping...

US low-value package tariff exemption ends, raising costs for shippers, consumers

The U.S. tariff exemption for package shipments valued under $800 ended on Friday, raising costs and disrupting supply chain models for e-commerce companies, small businesses using online marketplaces and consumers alike. The U.S. Customs and Border Protection (CBP)...

How CEOs are responding to geopolitical uncertainty

When the rules of global trade could change any day, how do you make decisions? McKinsey experts report from the business frontlines of geopolitical turmoil. The recent wave of tariffs, trade negotiations, and geopolitical tensions ground the world’s businesses to a...

India committed to improving ties with China, Modi tells Xi

Indian Prime Minister Narendra Modi said New Delhi was committed to improving ties with Beijing in a key meeting with China’s President Xi Jinping on Sunday, as both countries resolved to put aside differences from a years-long border standoff. Modi is in China for...

South African bunker group highlights concerns about new STS rules

The Bunker Industry Association of South Africa on Aug. 29 voiced concerns about new environmental regulations governing offshore ship-to-ship transfers, suggesting the rules could curb refueling operations at South African ports, in particular those near Algoa Bay....

Shadow tanker operators swing between sanctioned countries to support oil flows

Baltic Index Steady As Gains In Capesize Offset Lower Rates For Panamax

US low-value package tariff exemption ends, raising costs for shippers, consumers

How CEOs are responding to geopolitical uncertainty

India committed to improving ties with China, Modi tells Xi

South African bunker group highlights concerns about new STS rules

Recent News