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Customs & Shipping News: Jan14

An Arctic polar vortex is set to barrel down the Northern hemisphere. Colder winters in Asia and Europe means greater demand for natural gas, and recent vessel congestion at the Panama Canal means slower distribution, pushing up fuel costs. The…

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Global Update: January 6th

The world enters 2021 with a third wave of infections attributed to a coronavirus variant that first appeared in the UK, along with five new variants already observed in Ukraine and another from Argentina. Pressed by mass social gatherings over…

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Global Update: Dec 30th

The new year is nigh, and still the container shortage persists. Traces of the new coronavirus strain have been found in a growing list of countries including India, Canada, Denmark, Japan, South Korea, Singapore, and Australia. Consequently, passenger flights to…

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Global update: December 4th

The effects of a lopsided recovery effort across the world are coming into focus for business leaders: the Worldwide Air Slot Board (WASB), a multi-organizational group comprised of air transport industry associations, published a joint proposal asking regulatory agencies around…

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Container Ships Seen From Airplane Window

Weekly Market Update: Nov 24, 2020

Latest News On November 22, airport workers at the Shanghai-Pudong International Airport were flagged for testing and quarantine after two positive cases were detected in the terminal. The cases have recently been linked via contact-tracing to a cargo container arriving…

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Market Update: Nov 19, 2020

Market Update Canada and U.K. close to new trade deal. Deal will replace EU pact once Brexit takes effect OTTAWA – Canada and Britain say they are in the final stages of negotiating a new trade deal before a Dec.…

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Weekly Market Update: Nov 16, 2020

Latest News Moderna says its coronavirus vaccine appears to be 94.5% effective. For the second time this month, there's promising news from a COVID-19 vaccine candidate: Moderna said Monday its shots provide strong protection, a dash of hope against the…

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Shipping Industry News – September 23

Overview A global effort is underway to nudge the shipping market toward emissions reduction—the International Maritime Organization (IMO), in conjunction with the Singapore Ports Authority, will “embark on emission reduction mechanism like market-based measures to incentivize the uptake of alternative…

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