InvestChile, the South American nation’s foreign investment promotion body, has held meetings with representatives from multiple Korean companies, said the group’s executive director, Karla Flores.

Generative AI (GenAI) has the potential to transform the contracting practices of companies by significantly reducing the contract authoring, review times, and making negotiations of commercial agreements more effective.

Oil markets are set to remain in deficit through to the end of 2025 unless Saudi Arabia and its allies boost output significantly.

The new cooperation between Hapag-Lloyd and Maersk will comprise a fleet pool of around 290 vessels with a combined capacity of 3.4 million containers (TEU); Maersk will deploy 60% and Hapag-Lloyd 40%.

The California-based oil giant is working with naval authorities in the U.S. and Middle East to move its cargoes through the region, said CEO Mike Wirth.

ShippingWatch said the pact would involve shipping companies agreeing to not go to Israel in return for being allowed through safely.

The Southeast Asian nation will likely see weaker demand from Indonesia, its top buyer last year, Thai Rice Exporters Association Honorary President Chookiat Ophaswongse said January 4

Those who support the importation policy have said that buying drugs from other countries could help lower medication costs in the U.S.

Since the Houthi attacks began, an estimated 181 vessels have been rerouted around Africa, while another 26 ships are opting to drift

A call to action for supply chain and procurement leaders to demand better intelligence platforms.