Chinese New Year and other public holidays in 2024. Navigating closures with innovative solutions
In 2024, the Year of the Dragon ushers in global anticipation and celebration with the vibrant red and gold of the Chinese New Year, symbolizing prosperity and new beginnings. Rooted in ancient traditions, the Spring Festival signifies family reunions and symbolic rituals, bringing auspicious energies for the year ahead. Logistical Challenges During the Spring Festival […]
Major shipping companies avoid passage Red Sea
Container lines are pausing Suez Canal transits and instead routing services around the Cape of Good Hope following an increasing number of attacks on commercial shipping, including missiles hitting ships in two separate incidents last Friday. Consequences Due to the threat of attacks, most shipping companies have decided to change their routes. This causes a […]
New addition to the sanction rules for Russia
This amendment to the Russia Regulations (EU 2014/833) and along with several other measures, introduced a prohibition on the import of certain Russian iron and steel products processed in a third country or multiple third countries. This built on measures banning the import of Russian origin iron and steel introduced in 2022. The ban on […]
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MOL Group invests in Dutch startup TouchWind
TouchWind develops next-generation floating offshore wind turbines Consistent with their vision of investing in innovative projects which contribute to sustainability, our parentcompany Mitsui O.S.K. Lines invests in a Dutch floating wind technology start-up, TouchWind Innovative tilting angled one-piece rotor The tilting angled one-piece rotor wind turbine which is being developed by TouchWind is expected to […]
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