Oil falls as Suez ship partially refloated, market weighs demand
Oil retreated as salvage teams partially refloated the giant vessel that has been blocking the Suez Canal, and traders weighed the impact of renewed lockdowns…
One in four small U.K. exporters halt EU sales amid Brexit costs
One in four small U.K. exporters have halted sales to the European Union because of red tape caused by Brexit, according to a survey published…
How a Desert Wind Blew $10 Billion of Global Trade Off Course
The giant Ever Given container ship remains wedged in the Suez Canal. We spoke to captains and analyzed marine tracking data to look at what…
NACD urges inclusion of short line railroads in Federal infrastructure investment
In a letter submitted to Members of Congress today, the nine voting members of RSTAC, a group established to advise Congress and the administration “with…
MSC BRC update from Mexica and Canada to US and Puerto Rico
This is a correction to the BRC levels for IMPORT MEXICO and CANADA to USA & PUERTO RICO Effective April 1st, 2021
MSC Oceania Loop 1 updates to temporary Oakland fortnightly call
MSC Mediterranean Shipping Company announced that due to ongoing port delays in California, USA, the vessel operators have made the decision to adjust some port…
Utilities continue to increase spending on the electric transmission system
Annual spending by major U.S. electric utilities on the U.S. electric transmission system has increased from $9.1 billion (2019 dollars) in 2000 to $40.0 billion…
Cargotec sells Navis business to Accel-KKR for EUR 380 million
Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm for an enterprise value of…
Rystad Energy’s daily market comment from our Vice President Oil Markets Paola Rodriguez Masiu
The oil market is swinging wildly from gains to losses and gains again this week, a clear sign of the uncertainty that the Suez Canal…
CMA CGM update on the situation in Suez Canal
Following the on-going incident in the Suez Canal, CMA CGM Group is thoroughly monitoring the situation in close contact with its local teams and the…
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