Oil rises as the market downplays the Omicron threat and brushes off bearish OPEC+ outcome - Rystad Energy
Oil prices are rising today, continuing their positive vaccine news euphoria, as the market downplays – for now – the Omicron threat and bushes off…
Valencia Containerised Freight Index (VCFI) reaches 3,902.15 points
Since August the increases in the VCFI have been lower than in previous months, especially between March and June when the increases in these periods…
Hamburg is part of MSC feeder service “Baltic Loop 3”
In late November, shipping company MSC integrated Hamburg port into their feeder service operating between Great Britain and several Baltic Sea ports.
PD Ports contracts Konecranes to convert four RTGs to electric
PD Ports, owner and operator of Teesport, the fifth largest port in the UK, has contracted Konecranes to convert the primary power supply of four…
Transport organizations warn governments’ knee-jerk reaction to Omicron puts supply chains at greater risk
World leaders’ knee-jerk reactions to the Omicron variant are putting transport workers and the global supply chain at greater risk of collapse, warn international transport…
MOL and Flotation Energy to explore offshore floating wind in Japan
Mitsui O.S.K. Lines, Ltd. and Flotation Energy plc. have agreed to jointly evaluate offshore wind development opportunities in Japan.
CMA CGM Group upsizes vessels calling at Port of Yokohama
The APL ESPLANADE made its first call today at Yokohama port, becoming the CMA CGM Group’s first 14,000-TEU containership in the Japanese port.
MSC BRC from ISC / Middle East to USA effective January 1st, 2022
Effective January 1, 2022, the second quarter BRC for the Indian Subcontinent and Middle East will be as follows. Cargo From: Saudi Arabia (only Dammam…
Railroads committed to vigilance against cyber threats & collaboration with government partners
The Transportation Security Administration (TSA) issued two Security Directives that mandate cybersecurity actions by passenger railroads and rail transit agencies and freight railroads, respectively.
ATA’s annual trucking trends report shows impact of pandemic on industry
Trucking remained dominant mode of freight in challenging year
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