Threat of rising oil price adds to frustration for crisis-hit supply chain chiefs
New warnings from the World Bank of surging oil prices, adding to the continuing instability ...
In pulling out of the Iran nuclear deal, the US has the potential to reinstate trade sanctions on the country. For companies conducting business there, any breach of these sanctions could result in punitive measures from Washington. It seems in Europe there is a reluctance to be stung by those measures – or give up interests in Iran. Thus, businesses in France, Germany and the UK appear to have successfully lobbied their governments to seek a reprieve. Last week, foreign and finance ministers from those countries plus the wider EU wrote to US treasury secretary Steven Mnuchin and secretary of state Mike Pompeo requesting a get-out. Of particular interest are aerospace, pharmaceuticals and infrastructure. Aerotime reports.
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The rise and rise of China's ecommerce platforms
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Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
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