The integration allows businesses to access trade finance tools natively, within their existing Oracle Cloud ERP environment. For FedEx, the arrangement allows the company to extend payment terms, optimising its… read more →
The Red Sea and Suez Canal corridor has seen sharply reduced vessel traffic since November 2023, when the Houthis began targeting merchant ships. The group has attacked more than 100… read more →
The acquisition, in which the American investment giant would purchase a controlling stake in 43 ports around the world, has been months in the making: it was first announced in… read more →
The draft convention, approved on Monday, 14 July, during UNCITRAL’s 58th session, addresses a legal gap that has hampered international commerce. Until now, only maritime transport has benefited from widely… read more →
The Dubai-based ports operator signed the build-operate-transfer agreement with Syria’s General Authority for Land and Sea Ports in Damascus, representing a significant vote of confidence in Syria’s economic prospects following… read more →
Coface downgraded four countries and 23 industries in its June Risk Review, which paints a picture of a world reeling from tariffs and unsure of its economic future. Uncertainty is… read more →
On Saturday, 21 June, the US bombed three nuclear facilities in Iran, raising tensions between the two global powers to their highest point in years; yesterday, Iran retaliated by striking… read more →
The Dubai-based ports operator initially planned to run the trial for six months but has now extended it through December 2025 following strong uptake from cargo owners seeking to reduce… read more →
Norden will utilise waste-based biofuels across multiple voyages whilst transferring the associated emissions reductions to Microsoft through its book and claim solution, which allows companies to benefit from low-carbon fuel… read more →
The Digital Container Shipping Association (DCSA) announced that its framework, which allows eBLs to be exchanged seamlessly across different digital platforms, has become a commercial reality. “What began as an… read more →
