Commerce Department expands restrictions on exports to Russia and Belarus
The Department of Commerce, through the Bureau of Industry and Security (BIS), is issuing a final rule that expands its highly restrictive controls on the…
MSC EOS from Novorossivsk to USA and San Juan, Puerto Rico effective May 7th, 2022
Due to operational constrains and to keep granting the service, MSC will increase the Emergency Operational Surcharge (E.O.S.) for all equipment types
Commerce announces addition of Iceland, Liechtenstein, Norway, and Switzerland to global export controls coalition
This latest action expands and enhances global coalition standing with the Ukrainian people against Russian aggression
San Pedro Bay ports to revisit ‘Container Dwell Fee’ on April 15
Los Angeles, Long Beach continue to monitor cargo flow
Russian oil exports are forced on longer voyages to find buyers
Russia’s crude oil exports, a key source of revenue for Vladimir Putin’s regime, are showing no signs that they are starting to crumble amid the…
European natural gas declines with flows from Russia stable
Benchmark European natural gas prices declined for a seventh consecutive session, with Russian flows to the continent continuing while the war in Ukraine grinds on.
China’s Covid outbreak worsens as Shanghai cases top 26,000
China’s largest Covid-19 outbreak in two years continues to spread despite an extended lockdown of Shanghai’s 25 million people, with the restrictions weighing on a…
U.K. economy slows as supply chain delays hold up car makers
The U.K. economy slowed more sharply than expected in February after storms hit construction work and supply chain delays held up output from carmakers.
Heathrow hiring as traffic hits highest since start of Covid
London’s Heathrow airport will ramp up hiring “as fast as possible” after passenger numbers surged last month to the highest since the Covid-19 pandemic began.
China port congestion leaves everything from grains to metals stranded
Dotting the sea off Chinese ports are 477 bulk cargo ships waiting to deliver resources from metal ore to grain into the country.
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