Air Freight News
Giant Dangote oil refinery begins production in 3rd quarter
Nigeria’s giant new Dangote oil refinery will start processing crude in the third quarter of this year.
China blasts US as bullying’ with ‘wanton’ flight suspensions
China accused the U.S. of “bullying” over its decision to suspend dozens of flights from America by Chinese airlines, underscoring lingering tensions between the world’s…
High food prices dash India’s hopes to curb cooking oil imports
Indians will probably buy expensive cooking oils from overseas for at least another 15 years, as demand continues to far outpace domestic production.
Goldman says Russia conflict could curb gas flows indefinitely
Russian natural gas flows to Europe could be curtailed for “an indefinite period” if the nation’s new pipeline project to Germany is hit by sanctions…
UAE grounds private drones after deadly attack on Abu Dhabi
The United Arab Emirates grounded private drones and light sports aircraft for a month, days after Yemen’s Houthi rebels struck the oil-rich nation’s capital.
India’s addiction to cooking oil imports seen lasting for years
Indians will probably buy expensive cooking oils from overseas for at least another 15 years, as demand continues to far outpace domestic production.
Iraq’s oil exports to stay steady this month, rise in February
Iraq said its oil exports would stay steady this month and rise slightly in February.
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China shipping giant pays big bonuses in freight boom
Asian shipping companies are offering mega bonuses to employees amid a boom in freight rates, with China’s state-owned giant Cosco Shipping Holdings Co. doling out…
Trucking and heating costs to rise as diesel fuel hits a seven-year high
Trucking goods across the U.S. is getting more costly as retail diesel prices rise to a seven-year high.
US and Japan pledge quick resolution on difficult tariff talks
U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida pledged to seek a swift resolution to continuing talks over trade and tariffs while pushing…