PetroChina profit rises as economic recovery remains uneven
PetroChina Co. recorded its highest first-quarter profit amid steady global oil prices and even as China’s economic rebound struggles to gain traction.
Gebrüder Weiss assists “The Greenland Project” climate expedition
Gebrüder Weiss provides transport modes and equipment for a month-long scientific expedition in which international researchers hope to gain new insights into glacier melting in…
Dubai to proceed with $35B expansion plan at Al Maktoum Airport
Dubai is proceeding with building a new passenger terminal at Al Maktoum International Airport in anticipation of a spike in visitors, after halting the project…
XLP members work together to export 1500 HP RIG from Oman to Philippines
XLP members Khimji Ramdas Shipping LLC ( KRS), Oman, and Ceekay Shipping, United Arab Emirates jointly executed the end-to-end Multimodal Logistics ex Central Oman, of…
Cleveland-Cliffs backs activist in Norfolk Southern proxy battle
Cleveland-Cliffs Inc., a major customer of Norfolk Southern Corp., has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the…
Maersk unit worth more than $1 billion set to trade in spinoff
A.P. Moller-Maersk A/S is spinning off its towage company on Tuesday in a move analysts expect to slash the transportation giant’s market value by more…
Norton Lilly International and S5 Agency World partners to strengthen global maritime agency services
Norton Lilly International (NLI), the oldest and one of the largest maritime agencies in the USA, established in 1841, announces a strategic partnership with S5…
Red Sea crisis is preventing a freight rate and liner profit collapse
The longevity of the Red Sea crisis holds the key to global freight rate levels and the fortunes of container shipping lines in 2024 and…
Gravitas Worldwide streamlines customs clearance with Descartes e-Customs™ Solution
Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that global freight broker Gravitas Worldwide is more efficiently managing…
UAE, Ukraine finalize pact aimed at boosting bilateral trade
The United Arab Emirates and Ukraine concluded an economic agreement aimed at increasing their bilateral trade, which has fallen sharply from its pre-war level.
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