Air Freight News
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Maersk: Greater China Yantian/Shekou/Nansha Port Operations update
After a six-day stop on export containers in the end of May, the current situation in the Port of Yantian is looking up.
Commerce Increases Restrictions on Burmese Military by Adding Four Entities to Entity List in Continued Response to the Recent Military Coup
The Commerce Department’s Bureau of Industry and Security (BIS) has added four entities to the Entity List in its latest action in response to the…
Shell starts up Europe’s largest PEM green hydrogen electrolyser
The project, backed by a European consortium, will accelerate hydrogen production and contribute to Europe’s goal to achieve climate neutrality.
Hapag-Lloyd OCS and PSC to/from the US effective August 1, 2021
The On-carriage Congestion Surcharge (OCS) and Pre-carriage Congestion Surcharge (PCS) will be effective upon carrier receipt of cargo on or after August 1, 2021 and…
Oil prices on waiting mode in anticipation of OPEC+ crucial policy call
Oil prices are edging slightly lower today as the market waits for a decision by OPEC+ on production policy from August, a crucial call that…
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CSX Files Expanded Application with Surface Transportation Board to Acquire Pan Am Railways
CSX Corp. announced that it submitted an amended and supplemented application to the Surface Transportation Board (STB) as part of the previously announced agreement to…
Sri Lanka Port Authority has gone live with Navis N4 at Colombo Port
Upgrade was part of modernization effort to develop and maintain state-of-the-art terminals
Growth in global LNG trade was flat in 2020
A small annual increase in LNG trade occurred despite the COVID-19 pandemic that reduced global natural gas demand.
Organizations and Port Authorities Call on Congress to Make Major Investments in Decarbonizing Shipping and Ports as Part of any Infrastructure Deal
Ocean Conservancy and Pacific Environment are part of 15 port authorities, industry groups and environmental organizations that signed a letter calling on Congress to include…
Cargotec has completed the sale of its Navis business to technology investment firm Accel-KKR
Cargotec has completed the sale of its Navis business to the US technology investment firm Accel-KKR for an enterprise value of EUR 380 million.