Egypt Launches New Trade Technology to Create Most Advanced Global Logistics Hub

Egypt announced launching a new trade facilitation technology to improve processing time and costs for all exporters to the country. Egyptian Minister of Finance Mohamed Maait said that the Advance Cargo Information (ACI) system was a significant step in realizing …

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Suez Canal Blocked Again

The Suez Canal Authority announced the temporary suspension of operations after another giant container ship ran aground. The Coral Crystal, a Panama-flagged bulk carrier ran aground after sailing 54km into the channel. According to a local news report, four ships …

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Brazil Suspends Beef Exports to China due to Mad Cow Outbreak

Brazil, the world’s largest exporter of beef, has suspended beef exports to China, its biggest customer, due to mad cow disease found in two separate domestic meat plants on Saturday.  Brazil’s Ministry of Agriculture said there was no risk to …

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Indonesian Authorities Seize Tanker Wanted for Oil Theft in Cambodia

The Indonesian Navy said on Wednesday that it seized an oil tanker and its crew suspected of stealing crude oil from Cambodia. The navy picked up the oil tanker off the coast of Sumatra, three days after Phnom Penh issued …

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