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Europe
The producers call the IMO's definition of Brazil corn-ethanol carbon footprint as a milestone.
Industry executives said that the International Maritime Organization decision defining Brazilian corn ethanol's carbon foot print is a historic step. It could position maritime transport as a future major market for this?sector. The IMO set the default value for the carbon footprint of Brazilian corn ethanol at 20.8 grams CO2e per megajoule in May. This was specifically referring biofuels produced from the second or intermediate corn crop of the country. According to the IMO, the average greenhouse gas fuel consumption in shipping is currently 93.3 grams per megajoule. Gustavo Mariano is vice president of Inpasa's trading division. He said that
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LNG Transportation
Shippers remain cautious as one LNG tanker passes Hormuz following US-Iran agreement on deal
Data from a ship tracking system showed that India's Petronet had sent a liquefied gas tanker across the Strait of Hormuz on Monday, the first shipment since the United States reached a deal with Iran to reopen this strategic waterway. The limited traffic highlights the caution among shippers, who welcomed the deal but still await more details (including mine clearances in the strait) before allowing vessels to pass. The global oil price fell by about 4% on the Monday after the United States and Iran signed a memorandum in Switzerland on Friday, which outlines the steps to be taken to
Passenger Transportation Services
Passenger Transportation Services
Manhattan erupts in chaos after Knicks victory, with a World Cup bus on fire
A World Cup bus caught fire and a teenager was wounded by a gunshot in chaotic scenes that broke out in Midtown Manhattan late Saturday night as basketball fans poured onto the streets to celebrate the historic victory of the New York Knicks in the NBA Finals. After spilling from packed bars and outdoor venues and chanting, "Knicks in Five!" some fans fired smoke grenades and set off fireworks. Fans celebrate their team's win in the fifth of seven possible games by setting off fireworks and firing smoke grenades. The New York Knicks are yet to win a championship since...
Passenger Transportation Services
EU agrees to continue compensating passengers for delays in flights
Reporters were told that the European Union countries had agreed to maintain the three-hour delay compensation threshold in the EU's upcoming set of airline passenger rights. They also agreed to ask for greater transparency regarding fees for carry-on luggage. The diplomat stated that the 27 member states would now submit their proposals to the Parliament which would evaluate them from Monday. The European Commission and the EU members had been at odds over a package of measures that was first proposed by the EU executive more than a decade ago. The Commission proposed that the compensation threshold be raised to...
Passenger Transportation Services
Air India wants to delay hundreds of jet deliveries - sources
Air India wants to delay the delivery of hundreds?of jets ordered from 'Airbus and Boeing' in order to cut costs, according two people familiar with the situation, who confirmed a Bloomberg article. Air India and Boeing did not respond to a request for comment. Air India, under the new majority owners Tata Group, placed a record-breaking order in 2023 for a total 470 Jets. It also leased another 25 jets. Airline faces increasing losses and operational disruptions due to the conflict in Iran, which is compounded by Pakistan's ban on airspace and a crisis following a deadly Boeing 787 crash...
Passenger Transportation Services
Pope's return from Spain delayed due to technical issues with the plane
After a technical problem on his plane Friday, Pope Leo had to delay his return to Rome after a seven-day tour of Spain. As the?plane taxiing to the runway with Pope Leo and Vatican staff,?journalists and other passengers was about to take off when the captain announced a problem. Leo was escorted by King Felipe back to the airport after he had already 'boarded' his flight operated by carrier Iberia, following a 'wave-off by King Felipe, and other dignitaries from Spain. A spokesperson for Iberia said that maintenance specialists were checking out a technical issue, but did not provide any...
Passenger Transportation Services
There are some flights to the Middle East that have resumed but there is still disruption.
The Middle East is slowly getting back on the map as regional carriers work to rebuild their schedules following the war's disruption. However, the conflict continues disrupting a wider range of traffic. Middle Eastern airlines added capacity following severe disruptions linked to the Iran War, while many carriers outside the Gulf continue to divert Europe-Asia flight to avoid the Middle East. The latest flight information is listed below alphabetically: AEGEAN AIRLINES Thessaloniki-Tel Aviv flights were cancelled by Greece's biggest?carrier until June 26. Dubai flights are cancelled until August 31 and Baghdad and Erbil flights until September 30. AIRBALTIC AirBaltic, a...
Passenger Transportation Services
Air India crash: a year after the tragedy, there is still no final report and families are seeking answers
Indian investigators said 'on Friday' that they were still analyzing evidence 'from 'last year's Air India Boeing 787-8 crash' and did not give a timeline for a report's finalization. Families of the 260 people who died pressed for an answer on the first anniversary of the disaster. The Aircraft Accident Investigation Bureau said that it has made "significant progress" in examining aircraft systems and flight recorder data. It also examined engine components, maintenance records, and operational records. The report did not specify a time frame for its release, only saying that it would come out 'only when all the investigative...
Passenger Transportation Services
Sicily By Car founder under police protection after arson attacks
Tommaso Dragotto said in a?interview on Friday that he was given a police escort following a?series of attacks?on?his business. The latest incident that prompted the decision to put the 88 year old under protection was the burning of a car depot for a Sicilian company in Palermo in the early morning hours of Thursday. Eleven vehicles were destroyed. In the past three months there have been two other arson incidents, and in March Italian media reported that shots were fired near the entrance of a company site. "Three (arson attacks) in 80 days is just too much." I didn't want...
Passenger Transportation Services
Hamburg Airport: Delays and cancellations after evacuation due to security concerns
A spokesperson for the airport said that there would be significant delays on Friday at Hamburg Airport after a terminal was evacuated because of a security issue. "The federal police's precautionary measure has now ended, and passengers are passing through security again." The spokesperson confirmed that flight operations have resumed. "However, there will be a number of delays, some significant, all day long. "Flights will be cancelled all day long," she said without specifying the number of cancellations. A federal police spokesperson confirmed that the incident took place at 0945 local time (0745 GMT), when a man accidentally pressed an...
Passenger Transportation Services
Families of victims mark anniversary of Air India crash with prayers and tributes
Families of those 260 people who were?killed in an Air India 'Boeing 787 crash that occurred in Ahmedabad one year ago?will gather this Friday to pray and pay tribute by candlelight to mark the anniversary. Some of the relatives attended a commemoration earlier in the day at B.J. Some of the relatives who attended the memorial ceremony earlier that day, near the site where the plane crashed in a student hostel, were joined by politicians, government officials, and foreign dignitaries. The damaged hostels, which bear the scars from the crash of June 12, 2025 remain closed. The state government of...
Passenger Transportation Services
Fire disrupts flights at Wellington Airport in New Zealand
On Friday morning, a fire broke out at Wellington Airport in the capital of New Zealand. Flights were diverted and passengers evacuated from the main terminal. Fire and Emergency New Zealand spokeswoman said that crews attended the fire "alongside" the airport's fire brigade. Five?fire apparatus, two ladder trucks, and a command center were said to be?at scene. Wellington Airport said that the main terminal and southwest pier had been evacuated, and that no injuries were reported. It said that "Flights to Wellington have temporarily been diverted, and passengers are advised to contact their airline for specific information about specific flights."...
Passenger Transportation Services
Air France-KLM is 'possibly' interested in easyJet but not actively searching
Ben Smith, CEO of Air France-KLM said that the company would not be opposed to a deal involving easyJet. However, it hasn't studied the issue closely. Smith said at the Paris Air Forum, that Castlelake of the United States, which had stated it was considering an offer for easyJet, hadn't contacted Air France KLM about a possible transaction. Smith described the partnership between Air France-KLM, Castlelake and Scandinavian carrier SAS as a positive one. "We haven't had any discussion with Castlelake about joining them in an offer. We haven't been asked. As far as I know, they haven't asked Lufthansa...
Passenger Transportation Services
Pilot union plans call on European regulators for labor loophole closure
The European Cockpit Association will publicly appeal to European regulators to close the loophole, which it claims airlines are using to circumvent labor laws by hiring pilots and crew via outsourcing agencies rather than directly. ACMI or "wet leasing" is a common practice among airlines who hire out aircraft with crew, maintenance, and insurance. "Crew is disposable, just a number within the system." In a recent statement, ECA Secretary-General Ignacio Plaza told? that you can remove them on a one-day notice. The sudden collapse of ACMI-operated SmartLynx Airlines, based in Latvia, last October left hundreds pilots and cabin staff hired...
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...