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Transport Infrastructure

Transport Infrastructure

Infrastructure targets achieved as EU charging network exceeds EV sales

According to a report published by the advocacy group Transport & Environment on Monday, the charging infrastructure in 'the European Union' has outpaced the e-car sales. All member states, except Malta, have already met the public charging requirements of the bloc based on the size their EV?"fleets. The findings contradict 'arguments made by some carmakers, that insufficient charging networks and soft demand justifies a slower shift away from internal-combustion engines. T&E’s analysis shows that charging capacity is increasing faster than battery-electric vehicles. T&E reports that the EU has exceeded the AFIR fleet-based charging goal by 180%....

Transport Infrastructure

Satellite images and experts confirm that a sanctioned tanker has leaked oil near Oman.

According to experts and satellite images, a vessel sanctioned for?moving Russian oil is likely to be leaking oil off the coast Oman in a marine protected area. According to data from ship tracking, the Caroline Bezengi vessel took "Russian oil" on board before departing for its latest voyage in Novorossiysk. The last time it sent a signal to the public AIS tracking system was on June 11, off the coasts of Yemen. Rentoor Shipmanagement of Shanghai, the owner listed in shipping databases, was not available for comment. The Oman Maritime Security Centre - and Oman's Environment Authority - did not...

Transport Infrastructure

Greece warns that EU sanctions against Russia could lead to a loss of LNG market share by rivals

Two Greek government officials stated on Friday that Greece objected to a'sanctions package' against Russia and warned the EU about a possible loss of market share by non-EU competitors if a ban was imposed on the transfer of Russian 'gas' to third countries. Two sources claim that European Union envoys were unable to reach an agreement on Wednesday on the 21st package against Russia because a number of countries, including Greece and Austria, objected. Lithuanian Foreign Minister Kestutis Budrys said on Monday that EU countries are undecided about tightening restrictions against Russian liquefied gas. Greece dominates Europe's market for LNG...

Transport Infrastructure

Swiss stocks: Factors to be on the lookout for July 17

Here are some of the main factors that could affect Swiss stocks on Friday: H1 net income CHF 105.2 millions. GEORG FISCHER The expected proceeds of CHF 220 MILLION from the divestment and sale of the?industrial gas-turbine business will be used to reduce debt. Company Statements Novartis ?Fabhalta Receives FDA Approval. ANALYSTS VIEWS FLUGHAFEN ZUERICH AG-Jefferies raises the target price from CHF 246 to?CHF252? ECONOMY No major Swiss economic data scheduled. (Reporting by Zurich newsroom and Gdansk newsroom) |1|For Top News in ?a multimedia Web format on Eikon visit: https://bit.ly/2NDFd6g FOR ?RELATED PRICES, NEWS AND ?OTHER ?TOPICS, DOUBLE-CLICK ON: Daily...

Transport Infrastructure

French and Benelux stocks: Factors to watch

Here are some company news and stories that could impact the markets or stocks in France and Benelux. PARIS AIRPORTS/AIRFRANCE KLM: France’s civil aviation authority has asked airlines to reduce flights by 20% at Paris-Orly airport on Thursday evening, due to storm risk. Delays are also expected at Paris Charles de Gaulle Airport. AEROPORTS de PARIS SA : The Paris airport operator reported that June group traffic dropped 1.4%, to 33.4 millions passengers. It also revised its 2026 passenger traffic growth projection for Paris from a range of 1.5-2.5% to 0.5%. AEDIFICA: Aedifica, a Belgian investor in healthcare real estate,...

Transport Infrastructure

Ireland passes law lifting Dublin Airport passenger limit

Ireland's Transport Minister lifted a passenger cap at Dublin Airport on Thursday after President Catherine Connolly signed a new law. The government is under pressure to lift its 32 million passenger limit per year, which has been suspended in anticipation of a ruling from the European Court. Last year, the airport exceeded its limit by four million passengers. Irish Transport Minister Darragh O'Brien welcomed Connolly's signing of the law and expressed his hope that an order would be issued to "amend or repeal the cap" as soon as possible after an environmental assessment. He said, "I intend to immediately begin...

Transport Infrastructure

Former Atlantia chief executive sentenced to 12 Years in Prison for Genoa Bridge tragedy

A court in Italy sentenced Giovanni Castellucci, the former CEO of Atlantia, to 12 years in prison on Thursday for the fatal 2018 collapse of an autobahn bridge in Genoa's port city in the northwest. Atlantia owned the majority of shares in the motorway operator Autostrade per l'Italia when the tragedy occurred. 43 people were killed as their cars plunged off the flyover. The court was packed with relatives of the victims to hear the verdict of a case that became a symbol for the slow pace of justice in Italian criminal proceedings. The Italian legal system allows for at...

Transport Infrastructure

Russia claims to have struck military targets in Kyiv and Ukrainian ports

The Russian defence ministry announced on Thursday that it had struck military and industrial facilities in Kyiv and infrastructure in Odesa, Pivdennyi, and Odesa ports as well as a vessel. Moscow and Kyiv both intensified their attacks against key economic targets. Ukrainian forces have targeted Russian energy infrastructure including oil tankers. Meanwhile, Russia has intensified attacks on Black Sea ports over the past few weeks. Officials in Ukraine said that Russian missiles?hit at least two districts?in the Ukrainian capital of Kyiv?early on Thursday morning, causing fires and killing 2 people. The Russian defence ministry has said that it struck Ukrainian...

Transport Infrastructure

Ukraine will protect its ports in order to maintain export volume after the attacks

Taras Vysotskiy said that Ukraine would do all it could to protect its seaports, and ensure grain exports are at least equal to last season. In recent weeks, Russia has intensified its attacks on the infrastructure of Ukrainian Black Sea ports and cargo ships entering Odesa port to export grain and agricultural products. Vysotskiy stated that the state recognizes the importance of agricultural exports. He added, "It'll be hard, but we will do everything to maintain minimum guaranteed export volume to support international food security at a level that is no lower than the last year." Before the recent attacks?Ukraine...

Transport Infrastructure

You want to build a metal smelter of your own? Andy Home

The race to secure vital minerals has created a wealth of opportunity for countries that have the fortune of having the right metal deposits. The goal is to extract as much value as you can from the metals in the earth. The obvious answer is processing. Smelters that convert ore to metal are not only more valuable, but also provide a path to greater industrial and economic growth. It's a way for Western policymakers to loosen China's grip over midstream capacity in a large part of the critical metals spectrum. According to a joint study by the consultancy CRU, and...

Freight Logistics

The threat of Iranian and Houthi shipping to the Red Sea is more important for oil today

Iran warned that if U.S. strikes continue, its campaign to choke global energy markets may expand from the Strait-of-Hormuz?to the crucial Red Sea route. This threat is dependent on the Houthi allies of Iran in Yemen. Here's why it matters, and what that means for the Iran War and the global energy crises: How big is the risk to global energy markets? The Bab el-Mandeb strait, the gateway to the Red Sea, would be closed and open a whole new front in the conflict between Iran and the U.S. The Red Sea is now an important alternative outlet for Gulf...

Transport Infrastructure

Drones, AI, and white paint: Europe races against the heat to protect its infrastructure

White paint is a simple, yet effective, solution to the aging infrastructure of Europe's railways, which are buckling under record temperatures, melting roads and straining power grids. Drones, AI-powered sensors and AI-powered sensors, to name a few, have been used to inspect tracks. Workers at the Oslo Airport in Norway sprayed water on the tarmac to 'keep it cool'. The temperature was expected to reach 30 degrees Celsius, 10 degrees above the normal average for this time of the year. The country is adjusting to the rising temperatures in Europe, which are fueling wildfires and killing thousands. Infrastructure is also...

Passenger Transportation Services

Passenger Transportation Services

Aircraft orders are up at the Farnborough airshow, as Boeing and Airbus compete for deals

As the 'Farnborough International Airshow' opened on Monday, more aircraft orders are expected to be announced this week. The?British show is one of the largest gatherings in the sector. Sources in the industry said that despite expectations of 800 or more aircraft, 'dealmaking' is expected to fall short. This is because?Airbus &?Boeing are still struggling with production bottlenecks and supply-chain constraints. Here are some of the most important deals that have been made so far. SMBC AVIATION CAPITALS Boeing and SMBC Aviation Capital have announced that they have ordered 100 737-MAX aircraft, including 60 737-10 jets and 40 737-8 jets....

Passenger Transportation Services

Executives say that private investors need to invest in defence to make up for the funding deficit.

Senior finance executives told the Farnborough Airshow that private investors need to fill the gap left by cash-strapped governments. But, too many bottlenecks and barriers discourage investment. Cathal Deasy said that "public spending will not be enough. We need to mobilize private capital in large quantities." He added that national governments must act more quickly and with greater clarity. According to event organizers, bankers and investors have attended the annual aerospace conference in record numbers this year. They are attracted by the prospect of 'cashing in' on a global boom for defence investing amid increasing geopolitical tensions. Investor sentiment has...

Passenger Ground & Sea Transportation

A northern city lost trains to London on the day Andy Burnham became UK PM

Andy Burnham, who was elected as the new prime minister of England on the same day that he promised to invest and give more power to the north, suffered a blow when one of its key train operators cut many direct services from the region to London. Burnham, a former mayor of Greater Manchester, promised to gain greater control over key privatised services, such as trains, in order to boost productivity and connectivity, improve living conditions, and revive the economy. East Midlands Railway imposed a new timetable on Monday that disrupted services from Sheffield, Nottingham and London. The company did...

Oil Pipeline

Transportation

Transportation

Portugal and Morocco seek EU funding, private investors to build power link

Portugal and Morocco said they would ask the European Commission to consider funding a long-promised power interconnector that connects the two countries. They will also explore private sector investment. The crippling power "blackout" in Spain and Portugal that occurred in April 2025 revealed the Iberian Peninsula’s limited electrical links with Europe. This helped revive plans for the Portugal-Morocco connection first studied in 2018. Iberia only has 3% of its total electricity capacity interconnected with neighbouring European countries. This is well below the EU's target of 15% for 2030. A link to?Morocco could strengthen the energy security of Portugal, which is...

Freight Logistics

How the Houthi blockade of the Red Sea strengthens Iran's grip over global energy supplies

Houthis, who are allied with Iran, in Yemen, will blockade Saudi Arabia's maritime traffic, they announced on Monday. This would further restrict a global market for energy, which is already severely restricted due to Iran's closing of the Strait?of Hormuz. Why it matters, and what it means to the Iran War and the global energy crises: How big is the risk to global energy markets? It's not clear what the Houthis will do to blockade Saudi Arabia along the Red Sea Coast, their northern neighbor. Or if they would return to attacking shipping. Yemen is located on the strait of?Bab...

Transportation

CPC: Caspian Pipeline Consortium suspends oil loadings after drone attacks on tanks

CPC announced on Sunday that two?oil tanks were attacked by a gang of armed men at a terminal near the Black Sea coast in?Russia. Oil loadings have been suspended. CPC reported that the ASIA and NISSOS tanks were attacked during loading operations. CPC said that the ASIA tanker caught on fire and was put out. CPC employees and contractors were not injured or killed. CPC confirmed that there was no oil spill, adding that the tankers were still afloat. CPC has not identified any party responsible for the incident. In the past week, both Russia and Ukraine have intensified their...

Transportation

Energy Ministry says Azerbaijan produced 13.3 million tonnes of oil and condensate from January to June.

The energy ministry announced on Friday that Azerbaijan’s oil and condensate production fell from 13.7 million metric tons in the same period last year to 13.3 millions metric tons in this time frame. Azerbaijan’s gas production from January to June increased to 25.4 billion cubic meters from 25.2 billion cube metres in the same period last year, while oil exports fell to 10.2 millions tons from 11.6million tons, according to the report. BP, a British company, reduced its Azerbaijan oil?production to?7.9 millions tons from 8.0million tons a year ago. Gas exports into Europe dropped to?5.9 billion cubic meters from 6.1...

Transportation

CPC: Drones attack a Chartered Oil Tanker near a Black Sea Terminal, CPC claims

CPC reported that two drones attacked and damaged an oil tanker, which was chartered to load oil at the Caspian Pipeline consortium terminal near Russia's Black Sea coast. ExxonMobil was said to have chartered the Suezmax class Nordic Zenith. CPC has not identified any party responsible for the incident. In the past week, both Russia and Ukraine have intensified their attacks on shipping in the Black Sea and Azov Seas. This marks a new phase in a war which has been fought mainly on the ground. CPC stated in a press release that a fire had broken out on the...

Transportation

Five thousand French without electricity after two deaths in France due to violent storms

At least two people have died in violent thunderstorms that hit France overnight after a prolonged heatwave. French media and the local grid operator Enedis reported that 53,000 households had no power on Friday. * A woman was killed in Saint-Victurnien in central Haute-Vienne after a tree fell on her Thursday evening. In 'Dolomieu, to the east, a man died late Thursday night after a lightning strike ignited a fire in a workshop. Enedis, the grid operator, said that on Friday 53,000 households had lost?power. The cuts were mainly in the Auvergne-Rhone-Alpes region in the 'Southeast' and in Nouvelle Aquitaine...

Freight Logistics

Wall Street Journal, July 17,

These are the most popular stories from the Wall Street Journal. The?has not checked these stories or?cannot?guarantee their accuracy. Databricks, a provider of data analytics, has raised a round of strategic funding valued at $188 billion. The U.S. Food and Drug Administration announced that Taco Bell owned by Yum Brands would stop using shredded iceberg sourced from a supplier that has been linked with a parasitic outbreak causing a severe form of diarrhea and vomiting. Honda Motors will stop?the production?of its Prologue SUV, which is sold?in America?this?year. Honda Motors will not cancel sales immediately, but expects to continue them until...

Transportation

Fuel shortages in Russia and restrictions on sales

Fuel shortages are affecting Russians in all 11 time zones. Ukrainian attacks on oil refineries have disrupted supply and caused long queues, high gasoline prices, and even rationing?in some regions. Fuel access has improved in Moscow and other cities, mainly due to measures such as increasing imports and clearing low-quality fuels for use. However, the situation in Russian-annexed Crimea is still tense. Fuel shortages began in June, when some regions began to restrict gasoline and diesel use. Here is the situation in some Russian regions: CENTRAL RUSSIA According to 'witnesses, local media, and service aggregators who monitor the availability of...

Transportation

Sources say Trafigura has withdrawn from the Angola Transmission Line Project

Trafigura has "walked away" from a proposed 2,050 megawatt transmission line that would have transported surplus hydropower in Angola to copper mines and cobalt deposits in Zambia and the Democratic Republic of Congo, according to two sources who are directly involved. This is one of three private-backed transmission projects, worth billions, that aim to supply electricity from Angola – which has an abundance of stranded hydropower – to vital minerals operations in neighbouring countries facing power shortages. Trafigura signed a non-binding agreement in July 2024 with the Angolan Government and engineering firm ProMarks to conduct feasibility studies. One industry source...

Transportation

What sites have been attacked by Ukraine?

In the last two weeks, Ukrainian forces have intensified their attacks on Russia's infrastructure for energy. Fuel shortages are worsened by the drone attacks in Russia. People have reported high prices and long lines at fuel stations in most regions. Here is a brief summary of recent attacks, starting with the latest. SALAVAT According to industry sources, the Salavat Petrochemical Complex, located in Bashkortostan's Urals region, stopped operations on July 14th following an attack by a Ukrainian drone. A fire broke at the Afipsky refinery, in southern Krasnodar Region of Russia. The cause was drone debris that fell from the...

Transportation

Farmers' union: Ukraine's Black Sea port loses a third of its grain export capacity

The main Ukrainian farmers' union has said that Ukraine has lost a third of its ability to export grain via its Black Sea ports because of the 'intensifying' Russian missile and drone strikes. Ukraine has been at war with Russia for more than four years, but agricultural exports such as grains and vegetable oil remain its biggest source of foreign exchange earnings. More than 90% are shipped through three ports located in southern Odesa. Odesa ports handled about?6 millions metric tons per month of cargo under a deal that allowed both countries to ship grains through the Black Sea. Moscow...

Transportation

Firefighters fight Fontainebleau forest blaze near Paris as two are arrested

At least two people were arrested on suspicion of starting the fire in a forest near Paris. Laurent Nunez, Interior Minister, said on Monday evening that "it is not under control." The main fire in Fontainebleau, and a second one that began nearby on Monday afternoon, had scorched over 1,300 hectares (3.212 acres). Nunez said the fire was only a few kilometers away from the Palace of "Fontainebleau", which explained the deployments of significant resources, such as water-carrying aircraft and helicopters. Canadair's aircraft skimmed across the River Seine on Monday to fill up their fuel tanks in an attempt to...