Resilinc releases new data highlighting top disruptions and most impacted industries
The data compiled by Resilinc’s EventWatchAI, a 24/7 risk monitoring database, reveals that overall disruptions to global supply chains are slowing compared to recent years,…
Top buyer India extends low edible oil import duty to cap prices
India, the world’s top edible oil importer, allowed traders to buy crude palm, soybean and sunflower oils at low duties for another year in a…
Air France-KLM scraps cargo deal with CMA CGM
Air France-KLM and container shipping giant CMA CGM SA are scrapping a year-old cargo alliance, saying tough regulation in some markets prevented the cooperation from…
Russian oil still going through Red Sea despite Houthi missiles
Tankers carrying Russian crude are continuing to sail through the Red Sea, despite becoming embroiled in the attacks on merchant shipping by Yemen’s Houthi rebels.
US merchant vessel struck as shippers told to avoid Red Sea
Houthi militants hit a US-owned commercial vessel with an anti-ship ballistic missile on Monday, underscoring warnings that the world’s most important trade artery remains too…
European oil prices jump on Red Sea and Libyan supply worries
European oil prices have climbed as fears about supply disruptions through the Red Sea and from Libya prompt refiners to rush to secure cargoes.
Ships keep running Red Sea gauntlet after US warnings
Huge numbers of merchant ships have continued to navigate the southern Red Sea since warnings by western navies to stay away from the crucial trade…
Add soaring insurance bills to mounting Red Sea trade chaos
The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to trade passing through a waterway…
Transnet trains collide shutting South Africa’s coal export line
Trains on South Africa’s main coal export line collided early on Jan. 14, shutting the route that’s been plagued with issues, according to state logistics…
Plastic pellet spill unleashes cleanup nightmare in Spain’s coast
A small army of volunteers is collecting one by one the millions of tiny plastic balls spread over the country’s northern beaches.
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