US imposes 50% tariffs on key Canadian sectors after talks collapse, but unlikely to cripple Canada's economy.
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BBC reports: A fresh wave of US tariffs on a wide array of Canadian goods came into effect on Saturday after a last-minute breakdown in trade talks. Announcing the suspension of negotiations shortly…
Maersk has announced new USD banking arrangements for its Maersk Italia S.p.A. business unit. The company has opened a new account with Citibank to streamline payment processing and minimise…
Aug 22 (Reuters) - Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state…
Tehran says Iraqi oil tankers allowed passage through Hormuz Tehran says it has allowed a number of Iraqi oil tankers to pass through the Strait of Hormuz. Iran's state news agency IRNA reported…
COSCO Shipping Lines and sister carrier OOCL have added two vessels to their joint Mediterranean–West Africa Express (MWAX) service. The additional vessels increase the service frequency to one…
Panama Canal will cut daily transits from 40 to 32 vessels by September 15, risking slower shipping and higher costs.
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