Mombasa choking with containers
It has been receiving empty boxes after shipping lines began bringing in their containers that lay in different yards.
Source: theeastafrican.co.ke
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Top News In Container Freight Today - Breaking & Trending Today
Ship insurers seek more assurances on Ukraine grain corridor
Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear strategy to deal with sea mines, underwriters and brokers say.
Source: reuters.com
Equity Market Outlook: A Macro Moment Of Truth
Markets have entered a new regime characterized by higher levels of volatility and uncertainty as central banks try to rein in inflation.
Source: seekingalpha.com
Maersk's profits soar on record freight prices
For the full year, Maersk registered a net profit of $18-billion the highest profit ever recorded by a Danish company.
Source: enca.com
BOC gears toward full automation
MANILA - Aimed at attaining more streamlined and efficient customs processes and procedures, the Bureau of Customs (BOC) developed and implemented 31 Information Communication Technology (ICT) projects and systems as of December 2021 and further aims to fully automate its frontline transactions. Foremost is the Automated Bonds Management System (ABMS) which monitors the status of bonds from their posting up to their cancellation and expedites the settlement or collection of due and demandable bonds. It is a bureau-wide system for processing bond transactions, monitoring and aging bond balances...
Source: philippinetimes.com