[ad_1] Markets Heard on the Street A price war among shipping giants looks likely in 2023 [ad_2] Source link
Tag: Marine Transport
Kremlin Bans Sales of Russian Oil to Countries That Impose Price Cap
[ad_1] The action follows moves by the Group of Seven nations that bar Western companies from insuring, financing or shipping Russian crude at above $60 a barrel. [ad_2] Source link
Supply Chains Upended by Covid Are Back to Normal
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Ocean-Shipping Giant Maersk Names Vincent Clerc as Next CEO
[ad_1] Business Clerc, who is succeeding Soren Skou, has been key in transforming the company into an integrated logistics provider [ad_2] Source link
California Long Ruled U.S. Shipping. Importers Are Drifting East.
[ad_1] Sharpie maker Newell Brands Inc. is opening distribution centers in Pennsylvania and North Carolina to lessen dependence on seaports in California. Abercrombie & Fitch Co. is moving more merchandise…
Oil Price Cap Triggers Tanker Traffic Jam in Turkish Straits
[ad_1] More than a dozen massive oil tankers are stuck near the exit to the Black Sea, the first noticeable disruption to global energy markets after the West imposed a…