Savings from oil revenues could help Africa’s producers manage price swings
Oil exporters in sub-Saharan Africa should target buffers of around 5 to 10 percent of gross domestic product to manage large swings in oil prices.…
GCT New York adds Ellerman City to carrier calls
U.K.-based Ellerman City Liners is now offering direct container service to GCT Terminal New York from three destinations in Europe. Ellerman’s containership is expected to…
WTO backs Hong Kong in Trump-era ‘made in China’ dispute with US
The World Trade Organization said the US violated international trade rules when it required Hong Kong’s products to be labeled as “Made in China,” according…
US to impose new controls on Iranian-supplied drones to Russia
President Joe Biden’s administration is poised to announce new export controls targeting Iranian drones and drone parts that Russia has used in Ukraine since its…
MSC Group completes acquisition of Bolloré Africa Logistics
MSC Group has confirmed that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved…
Cargotec signs 330 MEUR sustainability-linked revolving credit facility
Cargotec Corporation has entered into an EUR 330 million sustainability-linked revolving credit facility with a syndicate of its seven relationship banks on 21 December 2022.
LATAM closes an alliance for the conservation of 575,000 hectares in a priority area worldwide
• The CO2Bio project is located in a key sector for the conservation of biodiversity, water regulation and carbon capture. According to these 3 attributes,…
AMSCI comment on the recent WTO Section 232 rulings
The recent losses sustained by the United States at the WTO when that body ruled in four related cases that section 232 steel and aluminum…
CartonCloud report shows culture shift in logistics workforce
The CartonCloud Logistics Index (CCLI) 2022 Q3 industry whitepaper found ongoing workforce shortages were driving businesses to think outside the box for hiring and workforce…
German government pushes back on Lufthansa plan for manager bonuses
Deutsche Lufthansa AG’s plans to retroactively pay out manager bonuses contravene agreements made with the government as part of the airline’s rescue package, according to…
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