MSC confirms that the present 2M alliance with Maersk will be discontinued, effective January 2025
MSC CEO Soren Toft said: “The 2M alliance played a key role in supporting the container shipping industry over the past eight years.
China’s economic recovery may keep natural gas market tight in 2023, top exporter says
China’s economic recovery could keep the natural gas market tight this year, said Australia’s biggest exporter.
Scana company awarded a new 3-year maintenance contract with an estimated contract value of MNOK 1.8 billion including options
Equinor has awarded Scana-owned PSW Technology a three-year contract for maintenance services to the Mongstad refinery. The agreement is estimated at 200 MNOK per year…
Hapag-Lloyd AG acquires share in J M Baxi Ports & Logistics Limited
• Hapag-Lloyd acquires a substantial stake in a leading private terminal and inland transport service provider in India • Investment will strengthen presence in key…
Prevent lengthy warehouse building permit delays
Working with a rack supplier with integrated building permit services can fast-track the project
U.S. says nearly 50,000 new jobs could be created by offshore wind by 2030
The National Renewable Energy Laboratory (NREL) released a report on January 23rd stating that the U.S. goal of generating 30 Gigawatts (GW) of offshore wind…
EasyJet shares surge after expecting to beat market forecast
EasyJet Plc. shares surged the most since March after the carrier said strong bookings continued into the second quarter and the crucial summer months, underscoring…
Boeing disappoints with sixth loss in row as costs slow recovery
Boeing Co. reported a surprise loss to end 2022 — its sixth straight money-losing quarter — as higher costs slowed the planemaker’s recovery even though…
Cargo ship with 22 aboard sinks off southwestern Japan
The Hong Kong-flagged cargo ship Jin Tian sank off southwestern Japan and efforts are underway to rescue some of the 22 crew members.
Qantas mayday alert, flight turnbacks put safety reputation under spotlight
Qantas Airways Ltd., the airline whose stellar safety record was made famous by Hollywood, is back in the spotlight after a flurry of mechanical malfunctions.
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