Global foreign investments: Diverging trends amid global challenges
In 2024, global FDI rose 11% to an estimated $1.4 trillion but dipped by 8% when excluding flows through European conduit economies – which often…
EIA forecasts lower oil price in 2025 amid significant market uncertainties
We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b…
Cathay Pacific releases traffic figures for December 2024
Cathay Pacific today released its traffic figures for December 2024. In the full year of 2024, the Cathay Group achieved new post-pandemic highs for total…
WCAworld expands into Events & Expo Logistics Space
WCAworld, the world’s largest and most powerful network of independent freight forwarders, today announced the launch of its latest innovation: WCA Live Events & Expo…
XLP members, Total Movements port-to-door delivery of critical oil & gas equipment from Saudi Arabia to Singapore
Total Movements has successfully completed the port-to-door delivery of 1500cbm of critical Oil & Gas equipment from Saudi Arabia to a final delivery site in…
Envana secures grant for $5.2M DOE methane mitigation technology project
“Envana Software Solutions” (Envana) has been awarded a $4.2 million grant by the “U.S. Department of Energy” (DOE) to advance oil and gas methane monitoring…
Descartes Study: 74% of supply chain leaders see technology as key to growth amid rising global trade complexities
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released findings from its study What Companies are Doing to Tackle Escalating Global…
IMO launches Regional Presence Office for the MENA region in Alexandria, Egypt
The International Maritime Organization has launched its Regional Presence Office (RPO) for the Middle East and North Africa (MENA) region during a ceremony held in…
Xeneta announces Board of Director changes, supporting the transformation of ocean and air freight markets
Xeneta, the global reference for ocean and air freight rate data and intelligence, has announced changes to its Board of Directors. Marie-Pierre Rogers has been…
Aramco chief tells Davos he expects additional oil demand of 1.3 million bpd this year
Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels…
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