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16 October 2026

UK ports hit back at Brussels over ETS diversion claims

Downunder Voices Newsroom

Source reporting: Splash247

UK ports hit back at Brussels over ETS diversion claims

British ports have challenged European Union claims that shipping lines are diverting container traffic to the UK to escape carbon charges, warning that proposed anti-evasion measures risk penalising billions of pounds of investment in British terminals. The British Ports Association (BPA) has rejected findings from Spain’s EU ETS Observatory linking rising UK container activity to …

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16 October 2026

WTO and multilateral partners review progress on supply chain finance initiative

Director-General Ngozi Okonjo-Iweala joined leaders of multilateral development banks and other international organizations at a high-level roundtable held on the sidelines of the 2026 World Bank – International Monetary Fund (IMF) Annual Meetings in Bangkok, Thailand, on 16 October to review progress in expanding supply chain finance in developing economies and to discuss priorities for the next phase of cooperation.

World Trade OrganizationOriginal

16 October 2026

Equinor keeps Odfjell Drilling semisub busy into late 2027

Norway’s Odfjell Drilling has secured more work for its Deepsea Atlantic semisubmersible drilling rig after compatriot energy major Equinor exercised options for two additional wells. The latest option exercise will keep the 2009-built rig employed until late in the fourth quarter of 2027, extending its existing contract without interruption. The additional wells will be drilled …

Splash247Original

16 October 2026

Talks kick off for Timor-Leste's accession to government procurement pact

At a meeting of the Committee on Government Procurement on 14 October, parties to the Government Procurement Agreement (GPA) 2012 welcomed Timor-Leste's submission of key documents required to kick off its negotiations on acceding to the Agreement. The Committee also reviewed regulatory developments, heard updates on the accession process of other members, and for the first time conducted a dialogue with the private sector on the significance of the Agreement in a changing trade environment.

World Trade OrganizationOriginal

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16 October 2026

Ex-India spot rates and surcharges ease as peak comes to an end

Container lines, sensing a gradual slowdown in Indian westbound volumes, are revisiting their surcharges and penalties, indicating a hot market may be turning decidedly cooler. The liners had been increasingly rolling booking cancellation and container no-show fees into their freight bills in recent months to maximise profitability from booming demand. Now, according to industry sources, Hapag-Lloyd, for one, has revised its cancellation fee drastically for Indian customers to $100 per container, from ... The post Ex-India spot rates and surcharges ease as peak comes to an end appeared first on The Loadstar .

The LoadstarOriginal

16 October 2026

‘Opening the lid of a horrible secret’: Jamaicans confront enslavement with taboo-busting stories on screen

As violent spirits are unleashed in Sky’s Possession, observers see confident creatives reclaiming the island’s narratives in a form of ‘cultural reparation’ A woman opens a 300‑year‑old box, unleashing a violent spirit – it is the spirit of colonialism and oppression roaring back to life. It is a pivotal scene in Sky’s supernatural series Possession and symbolises a wider shift in Jamaica’s film industry, where directors are increasingly using the landscape to tell Jamaican stories – including those that confront enslavement, trauma and historical memory. The series is about a biracial British lawyer who travels to Jamaica to investigate a multimillion-pound inheritance dispute, only to uncover a dark, vengeful spirit tied to the plantation’s brutal colonial past.

The Guardian WorldOriginal

16 October 2026

What this bankruptcy says about AI startups

Character. AI collected millions of users, making it a very appealing acquisition. Google took a unique route to "acquiring" it, hiring away its founders and licensing its technology. Now Character. AI is filing for bankruptcy.

NPR NewsOriginal