Air Freight News
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OOCL names its third 16,828 TEU container vessel, OOCL Sunflower 
Orient Overseas Container Line Ltd. (“OOCL”) celebrated the naming of its third brand new 16,828 TEU container vessel “OOCL Sunflower” at Dalian COSCO KHI Ship…
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deugro delivers over 52,600 CBM of critical equipment for INEOS Project One
For the construction of Europe’s most sustainable ethane cracker, deugro UK in collaboration with deugro China and deugro Chartering as well as with the local…
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Global air financiers see jet shortages dragging on as values soar
The world's largest aircraft lessors forecast on Monday that manufacturing delays would drag on until the end of the decade at least, keeping prices high…
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US oil refiners brace for a tough year as investor sentiment turns negative
Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on…
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Projected air traffic growth runs counter to climate goals, study says
Air passengers numbers are projected to more than double by 2050, boosting fuel demand and undermining the aviation industry's efforts to cut emissions, a study…
Oil prices climb 2% to 4-month high on expected hit to China and India’s Russian supplies
Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would force buyers in India…
US Supreme Court rejects bid by oil companies to toss Honolulu’s climate suit
The U.S. Supreme Court declined on Monday to hear a bid by Sunoco and other oil companies to scuttle a lawsuit by Honolulu accusing them…
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US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say
U.S. President Joe Biden's administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources…
Infor Nexus unveils NexTrace, its end-to-end traceability solution at NRF 2025
Leveraging AI technology and a supplier-centric philosophy, the solution simplifies the data collection process, helping to promote accuracy and compliance
CSX announces ratification of labor deal with BMWED
CSX Corporation has announced that employees represented by The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (BMWED) have voted…