HMM cuts carbon emissions by 57% since 2010
HMM, the South Korean flag carrier, reports that its vessels have reduced their carbon emissions by 57.7 percent between 2010 and 2021.
Citadel money manager exits to join Biden’s push for chips
President Joe Biden’s administration has persuaded another money manager from Wall Street to join the government’s efforts to create a computer-chip renaissance in the US.
Why flying is so expensive and likely to remain that way
The worst of the pandemic has subsided, countries are accessible again and airlines expect decent profits now that business and leisure travel has returned. Why,…
Wheat farmers ask Canada to step in as strike threatens exports
The Wheat Growers Association is calling for the Canadian government to allow outside workers to weigh and inspect grain at a Vancouver port as a…
Russia’s Medvedev says G-7 export ban to trigger grain deal exit
Moscow may retaliate if Group of Seven countries proceed with a total ban on most exports to Russia by withdrawing from the safe-transit deal that…
Singapore, Long Beach, L.A. Ports to establish green, digital shipping corridor with a signed MoU
The Maritime and Port Authority of Singapore (MPA), Port of Long Beach and Port of Los Angeles, with the support of C40 Cities, signed a…
FAA’s acting chief to step down in blow to aviation agency
The head of the US Federal Aviation Administration is stepping down after just over a year on the job, raising questions about the direction of…
Biden threatens to veto bill to lift moratorium on solar tariffs
President Joe Biden is threatening to veto legislation that would re-instate tariffs as high as 254% on solar panels imported from Southeast Asia, the White…
Oil drops most since bank crisis as macro winds erase OPEC gains
Oil, whipsawed by volatile equity markets, fell the most since mid-March when a banking crisis battered the commodity, nullifying gains from a surprise production cut…
Slight decline in freight throughput in the port of Rotterdam in the first quarter of 2023
In the first quarter of 2023, 1.5% less freight passed through the port of Rotterdam than in the same period last year. In total, 111.7…
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