Global oil and gas investments to hit $628 billion in 2022, led by upstream gas and LNG
Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic…
[Freightos Weekly Update] Ocean rates climb and delays persist ahead of Lunar New Year.
Key insights: 1 Restrictions around Ningbo have mostly been lifted, with logistics operations largely back to normal, though new outbreaks are being addressed in Shenzhen…
Ridgewood Infrastructure announces acquisition of APP Jet Center
Ridgewood Infrastructure LLC ("Ridgewood"), a leading infrastructure investor in the U.S., today announced the acquisition of APP Jet Center, a fixed–base operator ("FBO") that owns…
United Airlines CEO says 3,000 of its workers have contracted Covid
United Airlines Holdings Inc. is reducing its near-term flight schedule as the airline grapples with the staffing impact of the rapidly spreading omicron variant of…
Libya to restart oil exports in west as eastern output slumps
Libya is set to restart oil exports from two key western ports after militias ended a blockade of pipelines, but shipments and production in the…
China vows more steps to stabilize trade as economic risks grow
China vowed more measures to stabilize trade as pressure builds on the government to bolster the economy amid worsening domestic Covid outbreaks.
SC Ports achieves record volumes in 2021
South Carolina Ports had its best calendar year in history in 2021 as the SC Ports team and broader maritime community efficiently handled an unprecedented…
Graft allegation adds to Garuda woes amid debt restructuring
Indonesia’s government has filed corruption allegations against its flag carrier, adding to PT Garuda Indonesia’s woes as the airline undergoes a debt restructuring process.
Omicron pushes Hong Kong’s import supply chain to brink of collapse
Hong Kong’s omicron outbreak is dealing a double whammy to businesses.
Rio buys electric trains for Pilbara Ore in decarbonization push
Rio Tinto Group, the world’s biggest producer of iron ore, will deploy zero-emissions trains at its Pilbara mines in Australia from 2023 under a deal…
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