China commodities imports bounce back but challenges persist
China’s commodities imports bounced back in 2023, including record hauls of crude oil, coal, copper ore and iron ore, after the pandemic ravaged demand in…
Lion Air considers reviving $500 million Indonesian IPO, sources say
PT Lion Mentari Airlines is considering reviving an initial public offering in Jakarta that could raise as much as $500 million, according to people familiar…
Not Alone Campaign increases awareness and empowers seaports to aid human trafficking victims
AAPA and BEST are pleased to assist more ports in raising awareness about the crime of human trafficking and to help more seaport employees learn…
Skanska’s divestment of ownership in LaGuardia Terminal B in New York, USA, is complete
As announced earlier, on 6 December 2023 Skanska signed Sale and Purchase Agreements for its 32 percent ownership stake in LaGuardia Gateway Partners LLC New…
Plaquemines Port and APM Terminals partner to develop a major container terminal
Plaquemines Port Harbor and Terminal District (Plaquemines Port) proudly announces the execution of a letter of intent with APM Terminals (APMT) to build a state-of-the-art…
US and UK strike Yemen’s Houthis after Red Sea ship attacks
The US and UK launched about 70 airstrikes on Houthi targets in Yemen early on Friday in a bid to stop the Iran-backed group’s shipping…
Boeing faces US safety investigation over 737 midair blowout
The Federal Aviation Administration opened a formal investigation of Boeing Co.’s aircraft production operations following last week’s accident on one of its passenger jets, escalating…
Delta Air walks back 2024 profit goal on higher costs, wages
Delta Air Lines Inc. backed away from its 2024 profit target as persistently high costs counter the gains from a rebound in international travel.
Estes adds electric trucks to its California fleet
The company’s Banning, California, terminal has incorporated 12 EV trucks to its pickup-and-delivery offerings...
Shipping stocks surge globally as US, UK strike at Houthis
Shipping and energy stocks extended gains on Friday, after the US and UK launched airstrikes on Houthi targets in Yemen, sending crude higher and stoking…
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