Transportation News, Logistics, Ports and Trade

From oil trades to defense, Singapore’s US-China balancing act gets trickier

Bloomberg | October 11, 2023 | Energy | International Trade | Commodity

LATAM Cargo inaugurates new route from Europe to strengthen connections with Brazil

AJOT Newsroom | October 11, 2023 | Air Cargo | Freighters

The new route will start with two frequencies per week from Amsterdam (Netherlands) to Curitiba (Brazil), with the objective of bringing pharmaceutical products and general cargo to the Brazilian city.

Ocean Network Express takes to the waterways in celebration of World Clean Up Day

AJOT Newsroom | October 11, 2023 | Maritime | Liner Shipping

Ocean Network Express (ONE) proudly marked World Cleanup Day with a month-long #SeaTheChange campaign, as part of the ongoing #ONEOcean initiative.

Hwy H2O signs agreement with Seaports of Niedersachsen

AJOT Newsroom | October 11, 2023 | Ports & Terminals | Canal and Waterway

Oil drops on signs Israel-Hamas war disruption will be limited

Bloomberg | October 11, 2023 | Energy

[Freightos Weekly Update] Ocean rates continue to slump as carriers announce GRIs

Brazil keeps importing Russian diesel to ease price pressure

Bloomberg | October 11, 2023 | Energy

Shadow fleet oil tanker drifted for hours in Indian Ocean

Bloomberg | October 11, 2023 | Energy | Maritime | Bulk

A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the Indian Ocean, drawing the attention of industry watchers and maritime safety officials.

Chevron re-routes Israel gas exports to Egypt via Jordan pipe

Bloomberg | October 11, 2023 | Energy

Fire at London Luton Airport leads to flight suspension

Bloomberg | October 11, 2023 | Air Cargo | Airports

US judge keeps SAS Airline’s restructuring on track with payment hearing

Bloomberg | October 11, 2023 | Air Cargo | Airlines

A US bankruptcy court judge granted SAS AB’s request to speed the process of paying $3 million to advisers of the Scandinavian airline’s investor group, keeping its restructuring on track over opposition from creditor Apollo Global Management Inc.

Taiwan exports post surprise growth in sign of global trade rebound

Bloomberg | October 11, 2023 | International Trade

Research from Gartner predicts over 75% of companies will adopt warehouse automation by 2027

GreyOrange | October 11, 2023 | Logistics

GreyOrange is recognized in three categories of the 2023 Gartner® Hype Cycle™ for Supply Chain Execution Technologies

Ford supplier says US-China tensions keep batteries costly

Bloomberg | October 11, 2023 | International Trade

Yellen says US is not ruling out new sanctions against Iran

Bloomberg | October 11, 2023 | International Trade

Oil retreats as supply fallout from Israel war contained so far

Bloomberg | October 11, 2023 | Energy

G-7 price cap on Russian oil tested as India pays record premium

Bloomberg | October 11, 2023 | Energy

India set to restrict sugar exports in threat to global supply

Bloomberg | October 11, 2023 | International Trade | Commodity

India is expected to impose restrictions on its sugar exports after dry weather parched cane crops in the world’s second-biggest grower, a move that will tighten global supplies of the sweetener.

International Trade

Stas Margaronis | October 11, 2023

British-American’s Snell: Ag exporters facing tough 2023

British-American is a California-based licensed Ocean Transport Intermediary (OTI) / Non-Vessel Operating Common Carrier (NVOCC). It operates as a ...