CN-KCS voting trust strongly supported by International Brotherhood of Boilermakers
CN and Kansas City Southern (“KCS”) today announced that the International Brotherhood of Boilermakers (“IBB”) filed a letter of support for CN’s and KCS’ proposed…
MOL Group to establish MOL Logistics (tank containers); move strengthens ties with Nippon Concept Corp.
Mitsui O.S.K. Lines, Ltd. today announced that MOL, Nippon Concept Corporation, and MOL Logistics Co., Ltd. have decided to jointly establish MOL Logistics (Tank Containers)…
A record cash flow is brewing for the world’s public E&Ps in 2021 as US shale delivers super-profits
With oil trading above $70 per barrel while investment activity remains low, the world’s publicly traded exploration and production (E&P) companies are set to generate…
INTERCARGO joins calls for a fair future for seafarers
INTERCARGO is supporting the shipping community by encouraging bulk carriers in ports around the world to sound their horns at 12 noon local time on…
US ship jam lingers as port woes stretch from China to Germany
Ship congestion outside the busiest U.S. gateway for trade held steady over the past week, as ports from China to Germany battle with Covid-19 outbreaks…
Amazon becomes largest corporate buyer of renewable energy in the US
• Amazon is already the largest corporate buyer of renewable energy in Europe and globally, with 232 projects around the world, enough to power 2.5…
Supplying Asia with LNG got much costlier for the US, but strong demand brings export records
Supplying liquefied natural gas to the growing Asian market has become more expensive for US producers this year, a Rystad Energy report reveals.
Saudi Wealth Fund weighs new airport in Riyadh for tourism drive
Saudi Arabia is considering building a new airport in the capital city of Riyadh, according to people familiar with the matter, a facility that would…
CMA CGM to offer improved intermodal solutions covering Zaragoza, Spain
CMA CGM is upgrading coverage of the Zaragoza and vicinity market by adding a new service from Valencia port, effective end of June 2021. The…
Embark Trucks, Inc., America’s longest-running self-driving truck program, to go public through merger with Northern Genesis Acquisition Corp. II
· Embark Trucks, Inc. is an autonomous vehicle (AV) software-as-a-service company focused exclusively on the US trucking market. · Embark’s technology, built to address the…
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