Air Freight News
Côte d’Ivoire terminal opens a new container terminal
The Vice-President of the Republic of Côte d'Ivoire, H.E. Tiémoko Meyliet KONÉ, officially inaugurated the second container terminal of the Port of Abidjan on 2…
Israel dispatches large trade delegation to Turkey as ties warm
A large Israeli trade delegation will arrive in Turkey on Monday to meet exporters as the Middle East nations mend ties.
Russia’s European crude sales collapse ahead of sanctions
Market closes for 1.5 million barrels a day of Russian crude
Oil climbs as China loosens curbs and Russian price cap kicks in
Oil advanced after China made further progress toward reopening the economy and sanctions on Russia’s sea-borne crude exports took effect.
HK Air’s $6.3 billion debt restructuring approved by creditors
Most creditors of Hong Kong Airlines Ltd. voted to support the carrier’s proposed HK$49 billion ($6.3 billion) debt restructuring, a step to stave off insolvency…
Macron says he and Biden will ‘fix’ US climate-subsidy conflict
French President Emmanuel Macron said he and Joe Biden agreed to “fix” a dispute over the US president’s Inflation Reduction Act, which includes new subsidies…
UK sends gas to EU in rare role as winter exporter
Britain’s natural gas is still flowing to mainland Europe at a time when the fuel would typically be kept at home, underlining the country’s key…
Another UK train strike announced after pay offer is rejected
A wave of strikes heading for Britain’s train network has been extended to an extra day after a union said engineers would walk out on…
Oil jumps as China loosens curbs and OPEC+ keeps output steady
Oil surged after OPEC+ kept output steady, sanctions on Russian crude kicked in, and China made further progress toward reopening.
OPEC+ pauses as Russia sanctions and China Covid rules roil crude markets
OPEC+ responded to surging volatility and growing market uncertainty by keeping its oil production unchanged.