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Transport Infrastructure
Aug 29, 2025 3:02 PM

Turkey restricts airspace and ships to Israel

Hakan Fidan, the Turkish Foreign Minister, announced on Friday that Turkey had decided to ban Israeli vessels from entering its ports and forbid Turkish ships using Israeli...

Transportation
Aug 29, 2025 2:02 PM

A Canadian energy executive is tasked with accelerating project approvals

Canada appointed Dawn Farrell, a senior executive in the energy industry on Friday as head of a new office that will expedite the approval and review of...

Passenger Transportation
Aug 29, 2025 2:02 PM

Amaggi and Inpasa to partner in building new corn ethanol factories in Brazil

The firms announced on Friday that ethanol producer Inpasa, and Brazilian grain exporter and processor Amaggi, have formed a joint venture for the construction of at least...

Transportation
Aug 29, 2025 1:02 PM

Sources say that the Kuibyshevsk refinery in Russia ceased operations following drone attacks.

Two industry sources claim that oil processing at the Kuibyshevsk Russian refinery, operated by Rosneft, has been stopped since August 28, following Ukrainian drone strikes. Sources claim...

Oil Pipeline
Aug 29, 2025 12:03 PM

Caspian Pipeline suspends second mooring after accident

The Caspian Pipeline Consortium announced on Friday that it had suspended operations at the second mooring after an accident occurred during a loading procedure and an oil...

Asia
Aug 29, 2025 11:04 AM

Israel targets Houthi Chief of Staff and Defence Minister in Sanaa; awaits outcome

An Israeli military official stated on Friday that Israel was still verifying whether the airstrikes in Sanaa, Yemen, on Thursday targeted the Houthi chief of staff, the...

North Asia
Aug 29, 2025 11:03 AM

Putin transfers Air Liquide Russian assets to local company

Vladimir Putin, the Russian president, signed a decree Friday placing Russian assets of the French group Air Liquide in the hands of a local firm. The decree...

Transportation
Aug 29, 2025 11:03 AM

Kremlin: Russia's Gazprom will sign an 'important' deal with China for gas next week

Yuri Ushakov, Kremlin's foreign policy adviser, said that Russian state-owned Gazprom would sign an "important agreement" with Chinese company CNPC during President Vladimir Putin’s visit to China...

Logistics
Aug 29, 2025 11:03 AM

Global Postal Services suspends some U.S. shipments after de minimis exemption expires

The United States have permanently ended the "de minimalis" exemption which allowed imports of items under $800 duty-free. The change is effective as of Friday and follows...

Transport Infrastructure
Aug 29, 2025 11:03 AM

Turkey restricts airspace and ships to Israel

Hakan Fidan, the Turkish Foreign Minister, announced on Friday that Turkey had decided to ban Israeli vessels from entering its ports, prohibit Turkish ships from entering Israeli...

Western Europe
Aug 29, 2025 8:05 AM

Delivery Hero is committed to Spanish company Glovo

Delivery Hero said on Friday that it was committed to continuing to operate its Spanish subsidiary Glovo, despite warnings about potential social security charges. In 2021, Spain...

LNG Transportation
Aug 29, 2025 8:04 AM

Asian spot prices fall on muted demand and ample supply

The Asian spot price of liquefied gas (LNG), despite a lackluster demand, fell this week due to an abundance of supply. A cargo of LNG from a...

Transport Infrastructure
Aug 29, 2025 8:03 AM

Dreamfolks, an Indian airline, says that three customers will terminate lounge service contracts.

Dreamfolks, an airport lounge access provider in India, announced on Friday that it would be terminating contracts with three of its clients, including Encalm Hospitality - the...

Natural Gas Pipeline
Aug 29, 2025 8:03 AM

Norway's gas network enters peak maintenance as it prepares for winter duty

As Europe's largest supplier prepares the system for winter demand, maintenance at major gasfields and onshore processing facilities will reduce Norwegian natural gas supplies by about a...

Transport Infrastructure
Aug 29, 2025 7:02 AM

The price of Russian crude oil tanker shipping rose in August due to EU sanctions and higher exports

Trade sources and shipping data show that freight rates for Russian crude oil shipments to India from Baltic ports have increased in August. This is due to...

Europe
Aug 29, 2025 5:03 AM

Denmark's growth forecast for 2025 is slashed due to the Novo Nordisk crisis

Denmark's Economy Ministry announced on Friday that it has reduced its economic growth forecast for 2025 to 1.4%, from 3%. The ministry cited weaker prospects of pharmaceutical...

LNG Transportation
Aug 29, 2025 5:02 AM

Data shows that China received its first Arctic LNG 2 cargo before Putin's visit.

Ship-tracking data provided by Kpler and LSEG revealed that China received its first liquefied gas cargo this week from a Russian sanctioned project. This was just days...

Passenger Transportation Services
Aug 29, 2025 2:02 AM

French and Benelux stocks: Factors to watch

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. Air France-KLM Air France-KLM, a French-Dutch airline,...

Asia
Aug 29, 2025 1:03 AM

What the impact of the de minimis exemption on U.S. consumers and businesses

Arriana McLymore & Helen Reid NEW YORK, Aug 29 - The Trump administration ended Friday duty-free imports to the United States of packages valued at less than...

Transportation
Aug 29, 2025 12:02 AM

Prices of oil fall due to demand concerns, but are still heading for a weekly gain

The oil prices dropped on Friday, but they are expected to rise for the week. This is due to the expectation of lower demand, as the summer...

Transportation
Aug 28, 2025

Prices of oil fall due to demand concerns but are headed for a weekly gain

The oil price fell on Friday, but is expected to rise for the week. This is due to the expectation of lower demand from the U.S.A., which...

Passenger Transportation Services
Aug 28, 2025

Virgin Australia announces 28% increase in annual profit

Virgin Australia announced a nearly 28% increase in its underlying profit for the full year on Friday. This was its first result after relisting. The strong performance...

North America
Aug 28, 2025

Brazil updates sector trade agreements with Mexico

Geraldo Alckmin, the Brazilian Vice-President, said that Brazil and Mexico will sign complementary trade agreements in August next year. This was after a Thursday meeting with Mexican...

Transportation
Aug 28, 2025

US FAA to close satellite offices Washington

The U.S. Federal Aviation Administration (FAA) plans to cancel the leases of its satellite offices located in the Washington, D.C. area. It will consolidate operations and move...

Logistics
Aug 28, 2025

Trump officials confirm that the end of US low-value packages tariff exemption is permanent.

Officials from the Trump administration said that on Friday, the U.S. tariff-free package shipment exemption will end permanently. However, there is a six month transition period during...

Transport Infrastructure
Aug 28, 2025

BNSF faces a lawsuit from the US EEOC alleging hostile treatment of women at Nebraska railroad yard

On Thursday, a federal appeals court revived an U.S. Equal Employment Opportunity Commission filed a lawsuit against BNSF Railway accusing them of allowing a severe, pervasive and...

Passenger Transportation Services
Aug 28, 2025

FAA: Arriving flights at Newark Airport were halted by a telecom issue

The Federal Aviation Administration halted arriving flights for over an hour at Newark Liberty International Airport on Thursday due to a telecom frequency issue. This is the...

Passenger Transportation Services
Aug 28, 2025

India extends IndiGo's leasing agreement with Turkish Airlines

India has allowed IndiGo, India's biggest airline, to continue leasing from Turkish Airlines two planes for another six-month period. This is a change from a May decision...

Transportation
Aug 28, 2025

Druzhba restarts as the end of driving season approaches

The oil prices fell on Thursday due to the lower demand for fuel in the United States at the end the summer travel period and the restarting...

Transportation
Aug 28, 2025

Sources say that the Ust-Luga port in Russia will operate at only half its capacity this September due to pipeline damage.

Two industry sources said that the Ust-Luga oil terminal in Russia will only be able to export 350,000 barrels of oil per day, which is about half...

Ground Freight
Aug 28, 2025

White House dismisses Surface Transportation Board member who regulates railroads

A White House spokesman confirmed that Robert Primus was fired as a Surface Transportation Board member. He did not agree with the agenda of U.S. president Donald...

Ground Freight
Aug 28, 2025

Aurora and McLeod software partner to manage autonomous truck shipments

Aurora Innovation and McLeod Software announced on Thursday that they will integrate their self-driving trucks platform into McLeod Software’s Transportation Management System in order to increase adoption....

East Asia
Aug 28, 2025

ADNOC sells 3% of its logistics and services unit through a bookbuild offer

ADNOC, the state-owned oil company of the United Arab Emirates, announced on Thursday that it would sell an approximately 3% stake in its Logistics and Services unit...

Passenger Transportation Services
Aug 28, 2025

The competition and bottlenecks are to blame for the decline in profits of TAP, a Portuguese airline

The net profit of the Portuguese flag carrier TAP in its second quarter fell by 42.5% compared to a year earlier, as costs increased much faster than...

Passenger Transportation Services
Aug 28, 2025

China's major airline companies remain in the red for first half due to low fares and oversupply

The earnings reports of China's largest airlines released on Thursday revealed that the two carriers had narrowed first-half losses, but were still in the red, as a...

LNG Transportation
Aug 28, 2025

Europe gas markets escape hectic LNG summer storage race: Bousso

Gas traders in Europe have been racing against time to fill up depleted storage facilities before winter. As demand on Asian markets is waning, Europe will see...

Transportation
Aug 28, 2025

Kremlin satisfied with arrest of Ukrainian in Italy for Nord Stream attack

After Italy arrested a suspect sought in Germany, the Kremlin announced on Thursday it was satisfied with progress made by a German investigation of attacks on Nord...

Transport Infrastructure
Aug 28, 2025

COSCO faces 'challenges with international investments' amid US trade pressures

COSCO Shipping Ports' managing director, who spoke in Hong Kong Thursday, said that the U.S. Trade War is putting pressure on its international investments. Wu Yu said...

Passenger Transportation Services
Aug 28, 2025

El Al Airlines' second-quarter profit plunges due to Israel/Iran war

El Al Israel Airlines reported that its second-quarter profits dropped by 55%, citing Israel’s two-week conflict with Iran in early June during which the airspace of the...

Western Europe
Aug 28, 2025

France's Iliad drops Italian tie-up plan; Telecom Italia shares fall

The CEO of French telecommunications company Iliad said that the group will look at domestic consolidation options but won't pursue any further discussions with Telecom Italia. TIM...

LNG Transportation
Aug 28, 2025

Tracking data reveals that a tanker in China is using berths sanctioned by the Russian Arctic LNG 2 cargo docks.

Data from Kpler and LSEG showed that a tanker loaded with liquefied gas from Russia’s Arctic LNG 2 plant, sanctioned by the United Nations, moored on a...

Transport Infrastructure
Aug 28, 2025

The German LNG import terminals

Germany has opened a second terminal for the import of liquefied gas, marking the latest in its efforts to replace Russian gas piped into Ukraine since Moscow...

North America
Aug 28, 2025

The robotaxi industry will be shaped by the radical differences between Tesla and Waymo.

Elon Musk, the CEO of Tesla, told investors in June that the driverless taxis of the company would be available for "half of the U.S. population" by...

Transport Infrastructure
Aug 28, 2025

Cosco faces "challenges", citing U.S. Trade Pressures, with its international investments

Cosco Shipping Ports' managing director, who spoke at a Hong Kong earnings conference on Thursday, said that the U.S. Trade War is putting pressure on its international...

LNG Transportation
Aug 28, 2025

Tracking data reveals that a tanker in China is using a Russian Arctic LNG 2 cargo berth sanctioned by China.

Data from Kpler and LSEG showed that a tanker carrying liquefied gas from Russia’s sanctioned Arctic LNG 2 facility moored on a southern Chinese import terminal on...

Passenger Transportation Services
Aug 28, 2025

Didi reports Q2 losses of $350m on lawsuit provisions, despite revenue increases

Didi Global, the Chinese ride-hailing company, reported a net loss of 2,5 billion yuan (US$350 million) in its second quarter, mainly due to a one-off expense, despite...

Transport Infrastructure
Aug 28, 2025

Wilhelmshaven, Germany: Second German LNG terminal commercially operates

Deutsche Energy Terminal, the state-owned terminal operator, announced on Thursday that Germany's second LNG import terminal will begin commercial operations on August 29. This is part of...

Transport Infrastructure
Aug 28, 2025

After US sanctions, volatility surges in China's oil futures following Yangshan port

The Chinese crude oil and fuel oil futures market has been volatile this week due to concerns that U.S. sanctions against an oil storage facility in East...

Passenger Transportation Services
Aug 28, 2025

Ryanair will cut 1 million additional passenger seats in Spain this winter, Europa Press

According to Europa Press, senior executive Eddie Wilson reported that Irish budget airline Ryanair will reduce the number of flights between regional airports and Madrid in response...

LNG Transportation
Aug 28, 2025

Europe gas markets escape hectic LNG summer storage race: Bousso

Gas traders in Europe have been racing against time to fill up depleted storage facilities before winter. As demand on Asian markets is waning, Europe will see...