Air Freight News
African airlines join forces to stave off jet-fuel price crisis
African airlines are clubbing together to negotiate better prices and a steady flow of jet fuel, a move to help stave off a potential crisis…
‘Happy situation’ for India as high prices bolster sugar exports
India will be able to keep exporting sugar without government subsidies if global prices stay close to current levels, according to Somit Banerjee, head of…
Airlines win deal to buy fuel at fixed rate from Nigeria state
Nigeria’s state energy company will sell aviation fuel to domestic airlines at a fixed price for three months after some companies threatened to ground their…
Hungary cites ‘some progress’ in EU talks on Russian oil embargo
Prime Minister Viktor Orban’s talks with the head of the European Union about proposed sanctions on Russian oil imports made “some progress,” though further talks…
Johnson shies away from escalating Brexit row for now
The U.K.’s desire to rewrite the Northern Ireland protocol was absent in detail from the Queen’s Speech on Tuesday, amid reports that domestic legislation is…
MOL to build 4 additional LNG-fueled car carriers
Progressing towards ‘90 LNG-fueled vessels by 2030’
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A perfect and unavoidable storm: LNG supply crisis will make landfall in winter 2022
A liquified natural gas (LNG) crisis is brewing for European countries dealing with energy insecurity in the wake of Russia’s invasion of Ukraine, as demand…
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In 2021, value of energy trade between the United States and Canada rose from 2020 lows
In 2021, the value of U.S. energy imports from Canada totaled $102 billion, which is 76% higher compared with 2020. The value of U.S. energy…
Sharp drop in transit times and US spot freight rates as demand plummets
• Trans-Pacific transit times have fallen considerably across the US West Coast to 24 days from 54 days in Dec ‘21, while the US East…
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Raimondo announces temporary suspension of 232 tariffs on Ukraine steel
Suspended tariffs will bolster one of Ukraine’s most important industries