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WORLD NEWS
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Northern Sea Route delivers first China-UK container ship in 25 days
The corridor also offers an alternative to shipping lanes affected by security risks in the Middle East.
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Hapag-Lloyd, DP World expand Africa terminal partnership
The expanded cooperation forms part of Hapag-Lloyd’s broader terminal strategy.
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India sugar output seen falling to 29-31M tons in 2026-27 season
El Niño and below-normal monsoon rainfall are expected to reduce India’s sugar production, while rising prices could encourage mills to prioritise sugar over ethanol.
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MGP Ingredients launches MGP Distillery with limited-edition 10-year bourbon
The company’s first consumer-facing whiskey release will debut at the Kentucky Bourbon Festival before limited nationwide distribution this autumn.
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Maersk imposes emergency freight rates of up to US$4,800 per container due to Hormuz disruption
The company is prioritizing the transport of essential goods, including food and medicine.