ICTSI inks USD750 million loan facility with Metrobank to boost operations
ICTSI and Metrobank close a USD750 million six-year loan term facility to fund ICTSI’s expansion.
Phillips Industries announces corporate promotions and strategic restructure
Phillips Industries, an international leader in the design and manufacturing of components and innovative technology solutions for the commercial truck and trailer industry, is thrilled…
Planned Australian LNG strikes stoke supply concerns. - Rystad Energy’s Gas and LNG Market Update
The gas and liquefied natural gas (LNG) market continues to monitor potential industrial action threatened at major Australian LNG liquefaction plants.
China’s top carriers trim losses on domestic travel rebound
China’s three largest airline companies reported significantly narrower losses for the first half of 2023 as Beijing’s lifting of Covid restrictions late last year unleashed…
Port of South Louisiana, HOST agree on final purchase price of Avondale Global Gateway
The Port of South Louisiana (PortSL) Port Commission voted to approve the amended purchase agreement with HOST of Avondale Global Gateway (AGG) at the final…
CMA CGM to enhance its AZTECA services with a direct call in Oakland on AZTECA Loop 1
CMA CGM has announced that Oakland has been added on AZTECA Loop 1 with direct calls from US West Coast to Central America.
Russia agrees on further OPEC+ oil-export cuts, Novak says
Russia has agreed with its OPEC+ partners on further cuts to its crude exports, Deputy Prime Minister Alexander Novak told President Vladimir Putin.
Drewry World Container Index - 31 Aug
Drewry’s composite World Container Index decreased by 1.6% to $1,739.59 per 40ft container this week.
Resilience, sustainability and digitalization form common thread for transport logistic Southeast Asia and air cargo Southeast Asia
Supply chain resilience, digitalisation and sustainability are undisputedly the logistics topics of 2023 and are likely to have a lasting impact on the industry for…
Iraq export pipeline closure has already cost about $4 billion
The closure of Iraq’s oil export pipeline to Turkey’s Mediterranean coast in late March has already cost producers and government coffers nearly $4 billion, according…
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