Oil drops with Libya boosting production in coming weeks
Crude futures in New York and London declined after Libya’s National Oil Corp. said the country’s output would surpass 1 million barrels a day in…
IAG Cargo restarts London to Tokyo, enhancing global network offering
IAG Cargo has restarted its direct service from the United Kingdom to Tokyo. The service will run year-round, three times per week from London Heathrow.
Successful rollout at Gebrüder Weiss: 1,000 customers using myGW
With only a month having passed since its launch, the new digital customer portal of Gebrüder Weiss has already reached the one-thousand-customer mark: the corrugated…
China loading up on sorghum gives century-old trader a boost
Eight months after the phase-one trade deal entered into force, China is loading up on American sorghum, with the cereal giving a 128-year-old trading company…
An agreement made to explore the possibilities of green hydrogen export from Iceland to Rotterdam
Landsvirkjun, the National Power Company of Iceland, and the Port of Rotterdam have signed a Memorandum of Understanding ("MOU”) to perform a pre-feasibility study of…
Utility-scale battery storage costs decreased nearly 70% between 2015 and 2018
The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152 per kilowatthour (kWh) in 2015 to $625/kWh…
France weighs Brexit fish offer while protecting industry
France may be willing to compromise on how much access its fishermen get to British waters after Brexit, a topic that has threatened to deadlock…
Floods, drought are destroying crops and sparking food inflation
Wild weather is wreaking havoc on crops around the world, sending their prices skyrocketing.
Kalmar continues long-term collaboration with Patrick Terminals with new order for AutoStrads
Kalmar, part of Cargotec, is to supply a total of ten Kalmar AutoStrad™ units to Patrick Terminals. The order for the fully automated straddle carriers…
US out to seize jet entrepreneur’s $22 million Bel Air mansion
The U.S. is seeking to confiscate a $22 million Los Angeles mansion from a company controlled by a private-jet entrepreneur, as it goes after assets…
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