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Incidents
Aramco Offers Asian Refiners Oil via Fujairah Outside Hormuz
Talks Cover September Cargoes
Saudi Aramco has offered selected Asian refiners an alternative way to receive crude outside the Strait of Hormuz. According to Reuters, private negotiations cover cargoes of Arab Medium and Arab Heavy...
International trade
Four Iranian Caspian Ports Operate Around the Clock as Trade Route Expands
The Caspian Route Gains Strategic Importance
Russia and Iran are expanding shipments across the Caspian Sea, which is becoming an increasingly important part of an alternative trade network between northern Eurasia and the Indian Ocean....
Warehouses and infrastructure
Port of Montreal Builds 1.15 Million TEU Contrecœur Terminal
Construction Moves Into the Marine Phase
The Montreal Port Authority has launched in-water construction at the Contrecœur terminal site. This phase follows preparatory work that began in the fall of 2025.
According to the official Port...
Regulators and laws
US Prepares 50% Tariffs on $20 Billion of Canadian Goods
Tariffs Will Cover a Limited Product List
Canada is preparing for the possible introduction of new US tariffs after no agreement or postponement had been officially announced as of August 18.
According to Reuters, the 50%...
Business
U.S. Companies Would Pay Suppliers 17% More for Resilience
The Survey Included 104 U.S. CEOs
U.S. chief executives would accept an average 17% increase in their third-party supplier costs to strengthen supply chain resilience, according to Proxima’s Global Supply Chain Resilience Outlook.
The global study...
Warehouses and infrastructure
Louisiana Approves $1.8 Billion Container Terminal
Federal Permit Issued on August 17
The U.S. Army Corps of Engineers has authorized construction of the Louisiana International Terminal (LIT). The decision was officially announced by the Port of New Orleans on August 17,...
Business
U.S. Diesel Crack Spread Tops $100 per Barrel for the First Time
The Record Does Not Represent the Retail Diesel Price
The U.S. diesel crack spread reached a record intraday level of $102.20 per barrel on August 17, crossing $100 for the first time, Reuters reported.
This figure...
Regulators and laws
100,000 Western Balkan Drivers May Resume EU Border Protests
Hauliers Await Brussels Talks
Transport associations from Serbia, Bosnia and Herzegovina, Montenegro and North Macedonia have warned that protests at European Union borders could resume. The dispute concerns the rule limiting third-country nationals to 90...