Russia
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Maritime
Russia seeks to open its Arctic waters to world shipping
A consortium comprising DP World of the United Arab Emirates, the Russian Direct Investment Fund (a sovereign wealth fund), Rosatom…
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Asia-Pacific
FESCO and HMM re-arrange East Asia box shipping routes
South Korean ocean box shipping company, Hyundai Merchant Marine, and Russian far East intermodal box transport specialist, FESCO, have announced…
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Maritime
Russians’ GPS meddling creates navigation threat with far-reaching consequences
Russia-based GPS hacking has led to 9,883 suspected incidents across 10 locations, including 1,311 civilian maritime vessel navigation systems since…
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News
Today’s Pickup: Busting out at Home Delivery World; Smiley keeps lips zipped in San Bernardino
The industry’s hottest conference will only get hotter.
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Canada
FreightWaves oil report: trying to figure out what’s next for Venezuela
Stockpiles in the country are building up. Also: more hints on the price of fuel in a post IMO2020 market;…
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Canada
FreightWaves oil report: the bulls and the bears are offsetting each other
Crude prices are stuck in a $50-$55 range for WTI, as news that would drive prices higher inevitably gets offset…
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Canada
Slowing wood demand reduces global trade of lumber
The market for lumber slowed considerably in the second half of 2018 as the Chinese economy lost momentum and trade…
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Energy
Germany says it’s “ready” to build infrastructure to import U.S. LNG
Germany’s Federal Minister for Economic Affairs and Energy Peter Altmaier announced earlier this week that European nations were ready to…
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Economics
Oil producers face multiple challenges in December
Saudi Arabia and Russia agree on further production cuts to prop up crude prices; Qatar leaves OPEC to focus on…
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News
Today’s Pickup: Saudi Arabia and Russia to increase production to bring down oil price
Saudi Arabia and Russia are looking to contain crude oil prices by increasing production by nearly half a million barrels…
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