EnergyFeaturedIF Insights: An honest take on the ‘success’ of G7 price cap on Russian energy tradeIFM CorrespondentOctober 12, 2023October 11, 2023 by IFM CorrespondentOctober 12, 2023October 11, 2023 The price cap, imposed by the 2022 end, was seen as an effort intended to reduce Russia's ability to finance its Ukraine adventure... Read more
FeaturedPorts and ShippingShipping success: Saudi Arabia climbs 8 places in Lloyd’s List global rankingIFM CorrespondentAugust 3, 2023 by IFM CorrespondentAugust 3, 2023 According to Lloyd's List, processing more than 10.43 million containers at its ports in 2022 will contribute to Saudi Arabia's increase in international ranking... Read more
FeaturedLogistics and CargoShipping industry stakeholders unite to cut cargo fires at seaIFM CorrespondentFebruary 24, 2023 by IFM CorrespondentFebruary 24, 2023 Caro shipping takes care of around 90% of global trade through different vessels including container and Ro-Ro ships... Read more
FeaturedPorts and ShippingSaudi Arabia gets another trade link from Jubail PortPrajwal WeleJanuary 12, 2023 by Prajwal WeleJanuary 12, 2023 The new service will be operated by the Mediterranean Shipping Co. and it will connect Jubail Port with 11 other global ports... Read more
FeaturedShipping and PortsShipping cost soars, courtesy — vessel shortagePrajwal WeleOctober 5, 2022October 4, 2022 by Prajwal WeleOctober 5, 2022October 4, 2022 Xeneta chief analyst Peter Sand stated that shipping this year has been remarkable as a result of the war in Ukraine... Read more
FeaturedInsuranceHike in insurance costs for ships entering Black SeaIFM CorrespondentApril 11, 2022 by IFM CorrespondentApril 11, 2022 Insurance companies are charging as much as a 10% premium on the value of the price of ships.... Read more
FeaturedPorts and ShippingNew shipping route connecting China and South Korea now functionalIFM CorrespondentOctober 28, 2021 by IFM CorrespondentOctober 28, 2021 The new route will connect Wuhan with the Port city of Busan... Read more
FeaturedPorts and ShippingHoegh Autoliners announces new service connecting Sweden to OceaniaPritam BordoloiMarch 16, 2021 by Pritam BordoloiMarch 16, 2021 Shipments from Gothenburg will include cars, heavy vehicles, construction equipment... Read more
FeaturedShipping and PortsDP World to acquire 51% in Ukraine’s TIS Container TerminalBharath KumarFebruary 15, 2020March 18, 2020 by Bharath KumarFebruary 15, 2020March 18, 2020 The acquisition is in line with DP World’s plan to develop robust logistics for transporting cargo from one point to another... Read more
Logistics and CargoJapan logistics giant Sagawa to acquire China’s RunbowInternational Finance DeskDecember 23, 2019 by International Finance DeskDecember 23, 2019 The acquisition comes in an effort to explore China’s growing demand for shipping business... Read more