Russia’s crude shipments drop by the most since Ukraine invasion
Slump in weekly flows drags four-week average to the lowest since February
Tight supply and demand balances point to stock draws in 2H2024 - Rystad Energy’s Oil Macro Market Update
The narrow balance between supply and demand suggests that stock levels will decrease in 2H2024.
Monthly import cargo continues to rise despite supply chain challenges
Monthly inbound cargo volume at the nation’s major container ports is continuing to rise despite a variety of supply chain challenges, according to the Global…
France approves flying taxi port on Seine River barge
The French government approved the use of a barge docked on the River Seine to facilitate the take off and landing of electrically-powered flying taxis…
Air China extends cargo handling contracts with WFS in France and the UK by 3 more years
Air China has extended its longstanding cargo handling contracts with Worldwide Flight Services (WFS), a member of the SATS Group, in France and the United…
LATAM Group passenger demand grew 17.6% in June 2024
LATAM group's consolidated capacity grew by 15.9% in June compared to the same month of 2023. This growth was driven by a 25.2% increase in…
Biden-Harris Administration makes more than $1.1 billion available to strengthen safety at rail crossings and reduce blocked crossings
Created by President Biden’s Bipartisan Infrastructure Law, the Railroad Crossing Elimination Grant Program continues to address safety and connectivity in local communities across the country
Value Maritime to decarbonize two ForestWave general cargo sister ships
Value Maritime advances ForestWave sustainability strategy with the supply of two 3MW Filtree Exhaust Gas Cleaning Systems (EGCS) and Carbon Capture units for the general…
Fitch upgrades Port of Oakland’s ratings outlook to positive
Fitch Ratings has affirmed the Port of Oakland’s (Port) bond ratings and revised the Port’s ratings outlook from stable to positive.
Russian tycoons pocket $11 billion dividends on war economy boom
Russian tycoons received billions of dollars in dividends as their companies resumed or boosted payouts amid easing economic uncertainty over the Kremlin’s war in Ukraine.
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