Some progress to ease GB-NI border friction, but our costs are rising, says industry
Industry has welcomed the progress as the EU and UK edge closer towards easing GB-Northern ...
EU attempts to circumvent US sanctions on Iran and maintain trade with the republic are failing. Austria recently refused to host a special purpose vehicle (SPV) payment system that would give EU member states a way to avoid exposure to US secondary sanctions on trade with Iran. The decision is another setback in the EU’s attempt to keep the 2015 Iran deal in place and, according to Axios, with no SPV, the Middle Eastern state is likely to have less reason to adhere to the accord. Reportedly, the EU will next target Luxembourg to host an SPV.
Lengthy wait for cargo as Ever Given owner declares General Average
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UPDATE 2: Philippines vs China – the South China Sea dispute
Anger as SCA arrests Ever Given and submits $916m compensation claim
Now US intermodal rail yards clog up as port congestion and delays continue
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