This challenge has intensified as e-commerce growth places greater pressure on logistics networks; simultaneously, businesses must navigate inventory costs and payment processing during their most critical sales period. UPS and… read more →
The report, by the US-based Environmental Defence Fund and Lloyd’s Register Maritime Decarbonisation Hub, outlines a roadmap to finance a green transition for the global shipping industry. The three key… read more →
The trial programme, launched at the London Gateway and Southampton logistics hubs, will help around 500 trucks to transition from diesel to hydrotreated vegetable oil (HVO), an alternative, renewable fuel… read more →
25 member countries have used the Universal Postal Union’s emergency communication system to alert of a suspension in services, said the agency. They join a range of other countries, including… read more →
A ship recycling operation in the port of Alang, in India, is struggling to recycle sanctioned ships as banks refuse to grant ship-breakers the letters of credit needed to finance… read more →
Canada is also considering using Arctic ports to establish new trade routes with Europe, Energy Minister Tim Hodgson told Bloomberg last week. The US and China have been investing heavily… read more →
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 →
