Airlines’ rally stands on shaky ground as investors scamper
Airline stocks managed to outperform the S&P 500 Index in the first quarter as economies reopened and people started traveling again, but prospects for a…
Russia offers discounts on oil to India, one of Putin’s few fuel buyers
Russia is offering India steep discounts on the direct sale of oil as mounting international pressure lowers the appetite for its barrels elsewhere following the…
AerCap files $3.5 billion of insurance claims on Russia jets
AerCap Holdings NV, the world’s largest aircraft-leasing firm, is seeking about $3.5 billion from insurers related to jets and engines stuck in Russia following the…
SWISS marks its 20th anniversary
SWISS is celebrating its 20th anniversary today. The company looks back on an eventful history that has seen it evolve from an initial ‘problem child’…
GEODIS announces agreement to acquire Keppel Logistics – boosts its contract logistics footprint in Asia-Pacific
GEODIS, a global leader in the transport and logistics sector, today announced that it has signed a binding agreement to acquire Keppel Logistics. The project…
Tech sanctions have hit Russia harder than expected, Biden official says
Technology sanctions imposed by the United States and its allies to punish Russia for its invasion of Ukraine have proven far more effective than expected…
RightShip launches Maritime Emissions Portal to accelerate ports and terminals’ clean air and decarbonisation initiatives
Today, RightShip, a leading third-party risk assessment and due diligence organisation serving the ship-borne commodities industries, launches its new Maritime Emissions Portal (MEP), designed to…
ConMet receives three PACCAR Supplier Performance Management Awards for 2021
PACCAR has recognized ConMet with three 2021 Supplier Performance Management awards across multiple business units.
SmartLynx Airlines strengthens its leading positions in Baltic market
This week, Latvia’s oldest operating carrier SmartLynx Airlines marks its 30th anniversary. In the summer season, the airline plans to have about 60 airplanes, becoming…
Etihad Rail announces rail freight terminal at Dubai Industrial City
• With a capacity of 5 million tonnes, the rail freight supports the industrial and logistics sector in Dubai • The new terminal, which is…
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