|
Last Updated: Nov 28, 2023 - 1:58:10 PM |
Business
Currency clashes sour Russia’s oil trade with Asia
One of Russia’s most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in currency other than dollars, with no short-term solution in sight.
Nov 28, 2023 - 1:58:10 PM
Business
Durban Warns It Could Take 15 Weeks to Clear Backlog as 60 Ships Wait
Durban Warns It Could Take 15 Weeks to Clear Backlog as 60 Ships Wait
Nov 26, 2023 - 11:29:02 AM
Business
Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny
Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders told Reuters and shipping data showed.
Nov 25, 2023 - 12:50:40 PM
Business
Panama Canal proposes long-term solutions to improve drought issues as low water levels remain
As low water levels limit movement across the Panama Canal, a potential solution is in the works to mitigate the effect future droughts will have on the region.
Nov 24, 2023 - 11:55:58 AM
Business
Crisis at SA ports with thousands of containers left stranded, Maersk drops Cape Town as a port of call
The crisis at South Africa’s ports reached new levels of congestion, according to a number of reports.
Nov 21, 2023 - 2:23:17 PM