LA’s APM Terminals says upgrades reduce truck waiting times to 35 minutes
The APM Terminals at the Port of Los Angeles has completed a major upgrade deploying new automated battery /diesel powered straddle carriers that move containers…
Panama Canal eases limits that caused global shipping bottleneck
The Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalize after a severe drought.
Natural gas-fired electricity generation increased during heat waves in New England
Electricity generation using fossil fuels increased in New England to meet the additional air-conditioning demand during heat waves in June and July.
Libya, Middle East and the Fed offset China’s bears - Rystad Energy’s Oil Macro Market Update
Brent crude futures surged above $80 per barrel on Monday, 26 August, marking a third consecutive day of gains.
Bearing AI appoints Snog as CCO
Niels Snog to lead Bearing AI’s global commercial functions, driving market expansion and revenue growth
Russia July oil flow to Hungary, Slovakia normal amid Lukoil ban
Russia’s crude oil exports to Hungary and Slovakia via Ukraine remained within normal levels in July despite Kyiv’s sanctions on Lukoil PJSC, as Tatneft PJSC…
Zelim’s SWIFT man overboard recovery system receives Lloyd’s Register type approval
Zelim’s SWIFT man overboard recovery device has received full type approval from classification society Lloyd’s Register, paving the way for the maritime industry’s widespread use…
Launch of CMA CGM AIR CARGO’s first Transpacific service
• An inaugural commercial flight connected Hong Kong (HKG) to Chicago (ORD) on August 25th, 2024. • Delivery of a brand new B777-200F, which operates…
Sunly raises 300 million euros for renewable projects in Baltics and Poland
Estonian renewable energy producer Sunly has raised 300 million euros ($334.71 million) in debt financing to accelerate the construction of 1.3 gigawatts of solar, wind…
Ghana bans rice, corn exports to stave off food shortage
Ghana is banning the export of some grains including rice, corn and soy to avert a drought-induced food shortage in the West African nation.
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