Air Freight News
China oil imports rise as more Russian supply reaches shore
China imported more crude in April, likely on the back of increased tanker supply from Russia.
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Seroka says no major dislocation from Shanghai lockdown
There has been no major dislocation of imports from China due to the COVID lockdown in Shanghai
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PMA’S Mckenna hopeful about ILWU contract negotiations but admits nobody knows for sure
Jim McKenna, president and CEO Pacific Maritime Association (PMA), is hopeful that contract negotiations set to begin with the International Longshore and Warehouse Union (ILWU)…
Japan’s Kishida says phasing out Russian oil to take time
Japanese Prime Minister Fumio Kishida said it would take time to phase out imports of Russian oil, hours after he joined other Group of Seven…
Noble, Maersk’s deal set for CMA nod after offer to sell rigs
Noble Corp. and Maersk Drilling offered to divest some of its offshore operation platforms to avoid an in-depth investigation from the U.K.’s antitrust regulator over…
Singapore carbon exchange plans futures trading for offsets
A Singapore carbon exchange is teaming up with Germany’s main bourse to launch futures trading for carbon offsets as early as this year to meet…
Desperate for coal, India’s metal makers hunt for fuel overseas
A coal crisis in India has forced producers of sponge iron -- a steelmaking feedstock -- to scour the planet for supplies to keep their…
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Russian crude keeps flowing while Europe wrangles over sanctions
Russia’s seaborne crude exports continue to flow while European Union nations wrangle over sanctions to block purchases and make it harder for the country to…
Trading Russian oil will become harder from mid-May, Vitol says
Commodity firms will find it much harder to buy and sell Russian oil from the middle of this month, according to the world’s biggest independent…
Airlines scrap plan to ground flights as Nigeria offers to talk
Nigerian airlines have suspended plans to ground flights starting Monday over the high cost of aviation fuel that is crippling their businesses and making operations…