-
Transport Infrastructure
BHP and union talks for Port Hedland Iron Ore Workers to continue into next week
The parties announced on Tuesday that talks between BHP, and the unions representing the workers at the Port Hedland iron ore operations of the mining giant in Western Australia, ended without a deal. Further negotiations are scheduled for next week. In recent months, the three unions that make up the Combined BHP Ports Unions met almost weekly to negotiate a 4-year contract with?the third largest iron ore mining company in the world. The Fair Work Commission, which is the regulator, will facilitate next Tuesday's talks. BHP released a statement saying that "Today, we have tabled a powerful and updated proposal
-
East Asia
Maguire: Southeast Asia is a key driver for China's clean tech exports.
Southeast Asian nations are the key drivers behind China's clean energy export boom. The region has made record purchases this year of grid equipment, clean power generation components, and electric vehicles. According to Ember, the energy think-tank, ASEAN countries have spent over $20 billion in total on clean-tech Chinese products by?2026. This total is 50% higher than the same period last year. It has?solidified Southeast Asia as the largest Asian market for Chinese clean-tech components. Southeast Asian demand is important because while Europe was the main destination for China's exports of clean-tech products in recent years ASEAN represents the next
Passenger Transportation Services
Passenger Transportation Services
The worst air crashes of recent years around the world
On Sunday, five people were killed when a Boeing 767-3000 cargo plane operated by 21 Air on behalf of Amazon's Prime Air network overran the runway at Miami International Airport. The plane also struck several vehicles before catching fire. Here are some details about other fatal accidents that have occurred in recent years. UNITED STATES Air Canada Express'?pilot and?co-pilot?were killed and dozens of people were injured when the regional jet collided with an oncoming fire truck at New York LaGuardia Airport on March 22, On June 12, 2025, hundreds of people died when an Air India flight to London crashed...
Passenger Transportation Services
Major Gulf bourses edge higher despite U.S.-Iran maritime flare-up
The major Gulf stock markets rose in early Monday trading. Investor sentiment, however, remained cautious after a weekend of maritime strikes between the U.S. and Iran. The U.S. Central Command attacked three Iranian oil tanks, including one close to Iran's important Kharg Island export facility. Iran's Revolutionary Guard Navy responded by announcing that it had targeted "three tankers" who were navigating unofficial routes in the Strait of Hormuz as well as three other U.S. ships in nearby waters. Saudi Arabia's benchmark index rose 0.1% thanks to a 0.4% increase in Al Rajhi Bank. Flynas, a Saudi budget airline, rose 1.3%...
Passenger Transportation Services
Japanese sushi chain stops Chiikawa Rollout after Staff Caught Selling Freebies Online
After staff members stole free items to resell online, a Japanese sushi chain had to cancel its popular marketing campaign featuring cute "hamster-like" characters from the hit series "Chiikawa". Conveyor-belt ?chain Kura Sushi launched its Chiikawa campaign on August 21 with plans to distribute a limited number of branded items like pouches and plates on a first-come-first-served basis through the end of September. Customers could also win prizes by exchanging empty sushi plates with a game machine that yielded key chains, magnets, and other trinkets. Hiroyuki KOSAKA, Kura Sushi's spokesperson, said that the Chiikawa giveaways were so popular in its...
Passenger Transportation Services
Jakarta airport suspends flight due to Ash from Anak Krakatau
Jakarta's international airport, Soekarno Haatta, suspended flight operations until 9:30 am (0230 GMT) on Sunday because of volcanic ash. Indonesia's transport ministry reported that the suspension extended a halt scheduled to last until 5:30 am. It affected 209 flights including international flights. Anak Krakatau erupted late Friday night, and volcanic ash was detected at the airport on Sunday morning, according to a ministry statement. Berton Panjaitan is a spokesperson of Indonesia's disaster management agency BNPB. He said that the dispersal and accumulation of volcanic ash in Lampung Province on Sumatra Island, Indonesia, as well as Banten Province in Java has...
Passenger Transportation Services
Portugal asks Air France, KLM and Lufthansa to improve their offers for TAP sale
Portugal's government asked rivals Lufthansa and Air 'France-KLM to submit better offers for a'minority stake' in the 'flag carrier TAP', starting a final round of negotiations, after judging that both groups' first bids were too similar to choose one. In July, both European airline groups made binding but undisclosed offers to purchase a 44.9% stake in TAP. They also offered to become TAP's strategic partner. The?government received the assessment of the offers from Parpublica, the state-owned holding company. Leitao Amaro stated that the two binding offers "differeced in their content but were rated as being broadly similar overall". He told...
Passenger Transportation Services
Son of Sri Lanka's ex-president arrested on corruption charges
A top court in Sri Lanka announced on Friday that the son of former President Mahinda Rajapaksa was arrested and remanded to a prison until September 18 for alleged graft related to purchases of Airbus aircraft by SriLankan Airlines. Namal Rajapaksa is a member of the opposition Sri Lankan Podujana peramuna. He was arrested after more than five hours?of questioning from Sri Lanka's main anti-corruption body, the Commission to Investigate Allegations Of Bribery Or Corruption. The order remanding?him came from Colombo Chief Magistrates?Asanga?S. Bodaragama. Rajapaksa has consistently denied any wrongdoing. His lawyers weren't immediately available to comment. His arrest is...
Passenger Transportation Services
UAE shares rise as PMI shows solid growth for August
The stock markets of the United Arab Emirates rose on Friday, after a survey showed that the non-oil sector in the country grew at a steady pace in August. This was due to higher output and new business expansion. The S&P Global UAE Purchasing Managers' Index?rose from 52.7 to 55.3 in?August. Dubai's main stock index gained 0.7%, with broad gains. The blue-chip developer Emaar Properties rose by 2.2%, while low-cost carrier Air Arabia grew by 2.1%. Air Arabia announced that it would increase the frequency of its Bangkok flights by adding four daily flights to Sharjah. Abu Dhabi's benchmark Index...
Passenger Transportation Services
Air India A320 issued warning of stall when seatbelt sign off, injuring 24 investigators claim
Indian investigators reported that an Air India A320, flying from 'Phuket to New Delhi, last month, issued a stall alert when the seatbelt sign was 'off. According to the preliminary report on the 4th of August accident, an Airbus plane was cruising at 36, 000 feet and initially rose 372 feet before falling to 292 feet. The flight control system sent the two-second warning after it detected that all three hydraulic systems of the aircraft had failed within four seconds. This caused the autopilot to be disengaged and a cockpit alarm to sound continuously. Reports state that the hydraulic systems...
Passenger Transportation Services
Records show that Sydney airport near miss involved controllers flagged for high-fatigue risks.
According to internal records, and a recording of a phone call, several air traffic controllers were flagged for a high fatigue risk when two Qantas planes nearly collided in July at the?Sydney Airport. One shift manager called this situation "a little insane". The incident on July 27, in which a Qantas turboprop narrowly missed a Qantas Boeing 737, that was cleared to cross runway, was one of six near misses at Sydney Airport within a month. This brought further attention to the air traffic control staffing shortages around the world. According to an internal review of the log, five of...
Passenger Transportation Services
US airlines prioritize safety systems to prevent mid-air collisions over legal mandate, says provider
According to Acron Technologies' CEO, some airlines do not wait for a U.S. law to outfit planes with a system that will prevent?midair crashes, according to retrofitting Airbus jets with this equipment. Acron, which ?has equipped American Airlines' single-aisle Airbus ?planes ?with the Automatic Dependent Surveillance-Broadcast In platform, is talking with most U.S. carriers and could see another order by year's end, Acron CEO Alan Crawford said on Thursday. U.S. legislators are weighing up two legislative options that could lead to a requirement for ADS-B in order to prevent midair accidents after the January 2025 crash between a U.S. Army...
Passenger Transportation Services
Canada invests C$4.7 Billion to build VIA Rail Cars domestically
The Prime Minister, Mark Carney, announced on Thursday that his government will invest C$4.7 billion ($3.41billion) in Canada to build and maintain VIA Rail's passenger cars. This is the first time the company has built its cars domestically in 40 years. For the first time since four decades, VIA passenger cars will be assembled and produced in Canada. Cars that were previously built in the United States are now being built here in Thunder Bay by Alstom Canada," Carney said at a news conference in Thunder Bay. Carney stated that the investment will support 313 new-generation cars in Ontario and...
Passenger Transportation Services
Airbus reduces A330 deliveries following a stray item found in the plane
A person with knowledge of the situation said that Airbus was forced to slow down deliveries of the A330neo after a stray instrument was found in the tail section on an aircraft currently in production. The company confirmed that it had recently discovered a 'quality issue' on a horizontal tail plane A330 in an email. This led us to inspect A330s during the production process and slow down monthly deliveries throughout the summer. The root cause has been identified, and A330 deliveries are now resumed. Bloomberg News was the first to report on the quality lapses and delays. Airbus did...
Ground Transportation
Amtrak, the US passenger rail company, sets a record for ridership and cuts losses
Amtrak, the U.S. passenger rail company, said Tuesday that it had set records for revenue and ridership in a single year. It also cut its losses by 15 percent to $598 millions and is aiming for profitability by 2028. Amtrak is a major effort in rehabilitating the infrastructure of the Northeast corridor between Boston, Massachusetts and Washington. It is expanding service throughout the United States by purchasing new Acela trains with higher speeds and replacing regional trains from next year. Amtrak reported that in the twelve months ending September 30, it had 34,5 million trips made by customers, an increase...
Whaleboat sinks into river in Congo, killing at least 107 people
According to a government internal report viewed by us on Friday, at least 107 people died when a whaleboat caught blaze in the west of Democratic Republic of Congo. In a memo, the Ministry of Social Affairs stated that 146 people were missing after the boat, which was a narrow double-ended open vessel, caught fire near Malange Village in Lukolela Territory on Thursday night. The note stated that rescue teams recovered 209 survivors after the vessel burnt and drifted downriver. The fire destroyed the cargo and 15 riverside houses. The search operations continued Friday, with community volunteers and naval personnel...
As inventories shrink, premiums for copper contracts on the nearby LME soar.
The premiums for copper contracts near London Metal Exchange have increased to their highest level since October 2022 due to low inventories, large cash contracts and warrants held by traders. The title document that confers ownership on metal is a warrant. Tom-next, also known as the premium or backwardation that is charged for purchasing copper tomorrow and then selling it the next day, is currently trading at above The price of a metric tonne is $48. This compares to a $2 discount at the beginning of the week. The premium for the cash Copper Contract over the Three-Month Forward It...