Context changes everything: what supplier contracts reveal about supply chain performance
Clarity across supplier contracts helps procurement teams uncover savings, risk and performance insights.
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Clarity across supplier contracts helps procurement teams uncover savings, risk and performance insights.
Record inventory but still missing fill rate targets? The problem isn't supply or forecasting; it's your supply chain decision layer. Here's how to fix it.
Iraq has boosted its crude oil exports via the Turkish Mediterranean port Ceyhan to 500,000 barrels per day (bpd), as OPEC’s second-largest producer has started trucking Basrah crude to the pipeline system to the north. Iraq has hiked exports from Turkey to 500,000 bpd for the first time since pipeline operations resu…
Mediterranean Shipping Co (MSC) has been linked to another three LNG dual-fuel megamax containerships at China’s Shanghai Waigaoqiao Shipbuilding (SWS), expanding its series at the CSSC-owned yard to 13 vessels. Shipbroking sources place the latest 21,700 teu newbuildings at around $210m apiece, valuing the additional…
A new federation bringing together Indian seafarer unions, welfare organisations and maritime charities has been established in Chennai with plans to coordinate action on crew abandonment, unpaid wages and seafarer safety. The International Transport Employees Federation (ITEF) was formed on October 31 following a mee…
The United States has discussed with Russia the possibility of restoring natural gas flows to Europe via pipelines running through Ukraine, the Wall Street Journal has reported, citing unnamed sources involved in the talks. The idea came from President Trump’s envoys Jared Kushner and Steve Witkoff and was floated dur…
Uzbekistan introduces changes to customs fees, pension services, LPG supplies, public security, business prepayments and mobile advertising from 1 November.
It’s after 10 pm, and about a hundred meters from the parliament building, in a place once covered with asphalt, there is a large, deep, dark hole. Inside the hole lies a massive concrete box, the outer frame of the underground passage, and over that large box runs a pipe, a newly installed one, but dirty. Over the pi…
Uzbekistan’s airports handled 12.66 million passengers in January-September 2026, up 13% year on year, while cargo and mail volumes rose 27%.
Georgia and Azerbaijan signed documents, discussed cooperation, and agreed to speed up the border demarcation and delimitation process as officials from the two countries held the 11th meeting of the Georgia-Azerbaijan Intergovernmental Commission on Economic Cooperation on October 30 in Tbilisi. The meeting, co-chair…
Tensions in the Middle East are escalating again as a tanker was reported on fire after explosive devices were attached to its hull while the vessel was attempting to transit outbound in the Strait of Hormuz. The UK Maritime Trade Operations (UKMTO), which is affiliated with the Royal Navy, said in a warning notice th…
The Interior Ministry confirmed that one person has been arrested, as Russian sources cited a tourist from Belarus alleging that a man physically attacked her at Tbilisi railway station because she was speaking Russian. The alleged assailant reportedly claimed that he hit her after she rejected his attempt to introduc…
Georgia’s Constitutional Court has begun hearings in a lawsuit filed by 88 lawmakers from the ruling Georgian Dream-led majority seeking to ban five major opposition political groups. The lawsuit targets the United National Movement (UNM), Coalition for Change, Lelo/Strong Georgia, Federalists, and former Prime Minist…
Soaring tanker freight rates are taking an increasingly heavy toll on the world’s oil majors, with the latest quarterly results revealing billions of dollars in additional shipping-related liabilities, squeezed refining margins and losses on trading positions. Shell has disclosed a $5.4bn non-cash increase in its ship…
A Malta-flagged tanker called the Agioi Fanendes left the Russian port of Primorsk on Oct. 22 carrying nearly 40,000 metric tons of ultra-low-sulfur diesel, and ship-tracking data has it arriving at the Port of New York and New Jersey on Nov. 7, four days after the midterm elections. Nobody has publicly said who bough…
The United States is making a fresh push to promote the use of American nuclear energy technology in Central Asia and the Caucasus. Shawna J. Wilson, Deputy Assistant Secretary of State for Security Programs, traveled to both regions recently for meetings with Armenian and Kazakh officials that explored ways to advanc…
Heidelberg Materials’ proposed carbon capture project in Edmonton appeared to contain almost every ingredient policymakers say a successful CCS development needs. It targeted cement, a hard-to-abate industry where most emissions come from the chemistry of producing clinker rather than simply burning fuel. A pilot conf…
The grocery chain seeks to boost first-party procurement volumes to more than 10% while working toward a fully owned import and distribution model.
Air freight demand from traditionally parcel-centric customers is rising as the carrier pushes for more business in high-value segments like AI and data centers.
Javier Huerta will oversee The Wella Company’s sourcing, manufacturing and logistics capabilities, effective Dec. 1
For the second time this month, the president directed cabinet officials to negotiate over imports deemed a threat to U.S. commerce and security by a Section 232 probe.
John Fredriksen-backed SFL Corporation has agreed to acquire three newbuildings for around $365m, securing long-term employment that will add at least $333m to its charter backlog. The New York-listed shipowner said the latest investment covers two 8,800 teu containerships scheduled for delivery in 2027 and a 93,000 c…
South Korea’s Namsung Shipping has been linked to another containership order in China, with brokers reporting a deal for two firm 7,100 teu vessels at Dalian Shipbuilding Industry Corporation (DSIC), plus options for another pair. Shipbroking sources said the CSSC-owned yard had secured the contract, with deliveries …
India has approved a INR100bn ($1.05bn) programme to massively expand domestic shipping container manufacturing, targeting a tenfold increase in annual capacity as New Delhi seeks to challenge China’s near-monopoly over the industry. The country’s cabinet approved the Container Manufacturing Promotion Scheme yesterday…
Uzbekistan has established a logistics hub in Poland to streamline deliveries of Uzbek products to Europe and expand access to major retail networks across Central and Eastern Europe.
Spanish shipping group Boluda has agreed to acquire Netherlands-headquartered multimodal operator Samskip, bringing together two major European shortsea businesses in a deal spanning 32 vessels and 18 routes. Boluda Shipping said the acquisition would combine its container shipping network with Samskip’s northern Euro…
Tanker owners remain broadly bullish on the extraordinary freight market despite soaring asset prices, an ageing fleet and mounting geopolitical risks. Speaking at the Maritime CEO Forum at the Yacht Club de Monaco on Tuesday, leading tanker executives debated the warning signs that could signal an end to the boom, th…
The Greek-managed containership Contship Jet has sunk off Bulgaria after being struck by three sea drones yesterday, as Russia claims further attacks on merchant vessels heading towards Ukrainian ports. The Liberian-flagged vessel, operated by Contships Management, was sailing from Haifa to Constanta when it was attac…
Pegasus Airlines and Uzbekistan Airports are discussing flights from Istanbul to Karshi and Nukus as the carrier prepares to launch three other routes.
The tanker billed as the first to carry Russian diesel to the United States under Donald Trump’s deal with Vladimir Putin has dropped New York as its destination. The Malta-flagged Agioi Fanendes left Primorsk on October 22 with about 40,000 metric tons of ultra-low-sulfur diesel, due in New York on November 7. Lloyd’…