Mexico hedges 2020 crude oil exports at average $49 per barrel
Mexico’s government hedged oil exports for this year at an average $49 a barrel, locking in protection against low crude prices, the nation’s Finance Ministry…
Mideast shipping risks seen elevated amid U.S.-Iran tensions
The risk to shipping in one of the world’s key oil-producing regions is set to rise following a U.S. airstrike in Iraq that killed a…
Belarus halts fuel exports as Russia cuts off crude supply
Belarus has suspended exports of oil products after the halt of crude supply from Russia forced it to curb production at its refineries.
Rail Traffic for December and the Week Ending December 28, 2019
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 28, 2019, as well as volumes for December 2019.
The Port of Montreal welcomes the first ocean-going vessel of 2020
The Exeborg became the first ocean-going vessel to reach the Port of Montreal without a stopover in 2020, by crossing the downstream limits of the…
Ghosn Getaway Jet’s Other Job: Ferrying Venezuelan Gold
Trying to move tons of gold or whisk a dictator to safety? Need to extract a corporate executive from house arrest and spirit him across…
Kalyn Siebert announces partnership with Worldwide Equipment Sales
Premium heavy-duty trailer manufacturer Kalyn Siebert has announced a new partnership with Worldwide Equipment Sales, LLC, a subsidiary of Pritchard Companies, which is a nationwide…
Davies Turner Ireland gains Authorised Economic Operator (AEO Customs) accreditation
Davies Turner Ireland (DTI) has been granted Authorised Economic Operator AEO (Type C) status by Irish Revenue, which entitles the company to benefit from the…
MSC announces GRI from Middle East/India Sub-Continent to USA
Steamship lines are once again challenged to maintain service profitability since freight rates are at levels that are no longer sufficient given current costs.
MSC announces Bunker Recovery Charge updates for USA
As MSC continues to monitor the Bunker Recovery Charge (BRC), the new levels applicable will be as follows
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