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The global supply chain has grown increasingly complex, particularly within the shipping sector, where goods and services traverse numerous countries, customs jurisdictions and regulatory frameworks. Disruptions such as pandemics, geopolitical tensions, labor shortages and climate-related events have amplified vulnerabilities across industries. These disruptions, in turn, have the potential to impact the financing of shipping operations, influencing costs, cash flow and risk management for shipping companies […]

The Ministry of Trade (“Ministry”) published the Regulation on Market Surveillance and Inspection of Products Offered through Remote Communication Tools (“Regulation“) in the Official Gazette dated 30 October 2024. This Regulation outlines the procedures and principles applicable to placing products on the market and sales advertisements for products offered or made available on the market via remote communication tools such as telephone, email, television, and the internet. […]

Ochamchira, Georgia (Ports Europe) November 8, 2024 – The construction of the Black Sea Port Intermodal Container Terminal in Ochamchira is planned to be completed by November 15, the Minister of Economy of Georgia’s breakaway region of Abkhazia, Oktay Khazirishi said. As usual for Russian-occupied Abkhazia, Moscow is footing the construction bill. “We have already signed contracts with container shipping companies,” Khazirishi said. “Our partners […]