Shipping industry seeks to combat dark oil transfers at sea
LONDON/MEXICO CITY, July 13 (Reuters) – Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them. Washington has ramped up shipping-related sanctions over the last two years to make it […]
130 countries back global minimum corporate tax of 15%
Most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules on where companies are taxed and a tax rate of at least 15%, they said on Thursday after two days of talks.
Maersk VC co-leads funding round in Egyptian start-up Trella
Egyptian startup Trella, a digital platform connecting truckers with freight loads, has raised $42 million in equity and debt, including from the venture capital arm of shipping giant Maersk, its chief executive said.
Trafigura, Yara sign MoU on clean ammonia for shipping fuel
Global commodities trader Trafigura (TRAFGF.UL) and Norway’s Yara (YAR.OL) said on Monday they had signed a memorandum of understanding (MoU) aiming to supply the marine industry with carbon emissions-free ammonia for fuel. Under the plan, Yara is to supply Trafigura with clean ammonia, and the firms are to jointly conduct research as well as develop marine fuel […]
