Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson
Oil prices declined on Tuesday as the reopening of the Suez Canal route relieved the vessel congestion and ensured that oil supply will flow again…
Ørsted commences construction of largest onshore project to date
Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team…
Svitzer to deploy two new ice-class tugs in Scandinavia region
Sister vessels Svitzer Embla and Svitzer Edda to strengthen Svitzer’s presence in the Nordics
Antonov Airlines transports pharma manufacturing equipment from Germany to the USA
The project cargo specialist safely carried the pharma machinery through snowstorms in the USA
Second Closet raises $20M in funding; shifts focus to e-commerce logistics/fulfillment
Following a $20M round of financing announced today, Toronto-based Second Closet is preparing for its evolution from a startup that disrupted the self-storage market to…
Surge in COVID-19 cases may curtail the rally in crude tanker stocks
Crude tanker shipping stocks have been trending upwards from the start of February, which has led to an 18.2% YTD gain in the Drewry crude…
Kalmar secures repeat orders for terminal tractors from SSA Marine for Panama and Mexico terminals
The second agreement, completed via Kalmar’s local partner Tracsa, is for 14 machines to be operated by SSA Mexico in the Port of Manzanillo in…
London P&I Club strengthens team with two new hires
The London P&I Club has expanded its team with the appointment of two experienced Underwriters.
Full IL-76 aircraft charter transportation
Adapting to new market conditions during a pandemic is an important aspect of the situation in which logistics companies have to work now.
OZ lifting receives Grainger Partners in Performance Award
OZ Lifting Products LLC has received the 2020 Grainger Partners in Performance (PIP) award—for the third time.
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