Euronav to acquire CMB.TECH as part of its new strategy
Euronav NV and CMB NV, its controlling shareholder, announced that they entered into a share purchase agreement for the acquisition of 100% of the shares…
Russia continues high levels of crude processing in mid-December
Russia’s oil processing in the past week remained close to its highest daily refining runs in more than eight months amid decreased seaborne exports.
Bank of Russia Governor says she is bracing for more sanctions
Bank of Russia Governor Elvira Nabiullina, who helped the Kremlin absorb the blow from sweeping sanctions over the invasion of Ukraine, said she’s preparing for…
Treasury drafts banks in fight against Russia with new sanctions
The US is rolling out the threat of secondary sanctions in a fresh bid to deny Russia the money and goods it needs to wage…
Micron settles IP theft lawsuit amid push to repair Beijing ties
Micron Technology Inc. has settled a high-profile intellectual property theft lawsuit with a key, state-backed Chinese rival amid the US company’s efforts to mend ties…
Iran dismisses US intelligence tying it to Red Sea attacks
Iran’s foreign minister denied that his country is helping Yemen’s Houthi rebels attack commercial ships traveling through the Red Sea, warning the waterway won’t be…
Toyota halts some SE Asia exports on Daihatsu scandal: Yomiuri
Toyota Motor Co. halted shipments of six car models in some Southeast Asian countries as its subsidiary Daihatsu Motor Co. faces a widening safety scandal,…
UK marine agency receives report of attack on ship off Indian coast
The UK Maritime Trade Operations received a report of a ship being attacked by a drone south west of Veraval, India, it said on Saturday.
US says Red Sea patrol will be able to thwart Houthi attacks
The US’s new international naval coalition will serve as a “highway patrol” to protect shipping in the Red Sea from attacks by Iran-backed Houthi militants…
Maersk expects Red Sea shipping chaos to last for months
A.P. Moller-Maersk A/S, the world’s second-largest container line, is expecting shipping disruptions in the Red Sea to continue for months because of heightened security risks.
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
![[Freightos Weekly Update] Ocean rates climbing, with more increases expected soon](https://www.ajot.com/images/uploads/article/_thumbs/Support_grows_for_India%E2%80%99s_new_maritime_CCTV_rules.jpg)
![[Freightos Weekly Update] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)