Issuance of Syria General License
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Syria General License 23 "Authorizing Transactions Related to Earthquake Relief Efforts in Syria."
Maersk must contend with volumes, market share in steady decline: analyst
If Maersk’s volumes and market share continue to slip, the reduction in size will eventually challenge profitability aspirations in a market where some competitors are increasing their scale benefit, writes analyst Lars Jensen.
US DOT says ports can tap $662 million in 2023 grants
The US Department of Transportation’s Maritime Administration is on the hunt for port projects that mitigate climate change, among other aims, as it lays out grant funding opportunities for 2023.
Pandemic effect drives disconnect in global trade-GDP demand indicator
Global economic growth is expected to outstrip container shipping demand through 2023, potentially upsetting the traditional approach to measuring trade.
Flexport debuts Shopify app in move to target small importers
A new Flexport app on Shopify’s partner marketplace is likely to be the first of many initiatives between the forwarder and e-commerce storefront provider.
Cyber-related Designations; Iran-related Designations
OFAC has updated its SDN List. Please visit the URL below to view this action
