MSC GRI for imports from Middle East/India Sub-Continent to USA
MSC announced the following General Rate Increase (GRI) effective July 6th, 2020
OMA reports a 93.5% decrease in May 2020 passenger traffic
Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA, reports that terminal passenger traffic at its 13 airports decreased 93.5%…
CMA CGM THC update for Brazil import/export
CMA CGM announced the THC updates in the following Brazilian ports effective from July 4th, 2020 (date of loading in the origin ports) until further…
Offshore wind expenditure set to match upstream oil and gas in Europe in 2021, surpass it in 2022
The oil market collapse caused by the Covid-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in…
CMA CGM update for ISPS Terminal Surcharge in Vitoria, Brazil
CMA CGM announced the updated amounts of the import ISPS (International Ship & Port facility Security code) Terminal surcharge in Vitoria, Brazil.
Austria Agrees 450 Million Euro Aid Deal for Lufthansa Arm
Austria has agreed to provide support worth 450 million euros ($508 million) to Deutsche Lufthansa AG’s division in the country, according to people familiar with…
Taiwan Trade Surplus Rebounds as Cost of Oil Imports Plunges
Taiwan’s trade surplus expanded to its widest in nine months in May, fueled by increased global demand for electronic equipment and weaker oil prices.
Heathrow Could Cut More Than 2,000 Jobs If Quarantine Continues
London Heathrow airport said it may need to cut one-third of its workforce if the U.K. government doesn’t indicate soon that it plans to relax…
Sweden’s Government Steps Up Efforts to Vet Foreign Takeovers
Sweden is stepping up efforts to shield its critical businesses from foreign takeovers at a time of economic weakness due to the Covid-19 pandemic.
German Industrial Slump Hits Bottom With Record Output Drop
German industrial production took a record-hit in April, before a gradual easing of lockdown restrictions set off an ever-so-slow recovery.
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