Platts To Exclude Russian Oil From Asia Fuel Oil

Credit: Venti Views/Unsplash

Commodities pricing agency S&P Global Platts will be excluding Russian-origin material from its assessments of fuel oil cargoes and bunker fuel in Asia and the Middle East from March 1, the company said in a note to subscribers, says an article published on Reuters.

Earlier consultation

The decision came after an earlier consultation by Platts to review the merchantability of Russian material in Asian high-sulphur and low-sulphur fuel oil and bunker markets.

It added...

https://mfame.guru/platts-to-exclude-russian-oil-from-asia-fuel-oil/

S&P Global Merge with IHS Markit for a $44 Billion All-stock Deal

  • S&P Global is merging with IHS Markit in a $44 billion all-stock deal.
  • The companies announced Monday, forging a financial data powerhouse in the biggest corporate deal of 2020.
  • The combined company will be headquartered in New York and led by S&P Global’s president and chief executive, Douglas Peterson.
  • IHS Markit’s chairman and chief executive, Lance Uggla, will serve as a special adviser for one year after the deal closes in the second half of 2021.
  • S&P Global Chairman Richard Thornburgh...

https://mfame.guru/sp-global-merge-with-ihs-markit-for-a-44-billion-all-stock-deal/

The Daily Dash: Rand McNally ELDs are back online; GM, Nikola reach revised agreement

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, what was described as a “cyber incident” has now been resolved at Rand McNally, and the company’s ELDs are back online. Plus, GM will no longer take an equity stake in Nikola and J.B. Hunt acquires a final-mile provider.

Rand McNally back online

Five days later, Rand McNally’s electronic logging device system is back online. The company’s DriverConnect platform, which includes the ELD, fell victim to...

https://s29755.pcdn.co/news/the-daily-dash-rand-mcnally-elds-are-back-online-gm-nikola-reach-revised-agreement

S&P Global and IHS Markit, supply chain info providers, announce $44 billion merger

The parent companies of two significant suppliers of information to the supply chain are merging in the biggest U.S. corporate combination of 2020.

S&P Global and IHS Markit are merging in an all-stock deal valued at approximately $44 billion, the companies announced Monday morning. It is not a merger of equals: The resulting company will be called S&P Global, current S&P Global CEO Douglas Peterson will head the combined entity and existing S&P Global shareholders will own more than two-thirds...

https://www.freightwaves.com/news/sp-global-and-ihs-markit-supply-chain-info-providers-announce-44-billion-merger

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