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 →
The reports, published by the global trade credit insurer, rates the risk of countries and sectors around the world based on economic, financial, and geopolitical indicators. In June’s report, three… 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 →
The plan, which will be presented to the Danish Parliament in October of this year, will establish a state-backed insurance plan that will protect the country’s shipping industry from geopolitical… read more →
Both India and Bangladesh face exceedingly high tariffs from the US – 27% and 37%, respectively – which led some to hope the South Asian giants would band together and… read more →