Latest news

Passenger Transportation Services
Apr 21, 2025

Dollar weakness and resilient Chinese demand boost iron ore prices

Iron ore prices recovered on Monday as a result of a weaker dollar and near-term demand for ore. However, ongoing trade tensions with China, the top consumer,...

LNG Transportation
Apr 21, 2025

China's ENN and Zhenhua Oil sign LNG deals with ADNOC

China's privately-controlled ENN Natural Gas, and the state-run Zhenhua Oil each signed a contract to purchase liquefied gas from Abu Dhabi National Oil Company. ENN Natural Gas...

Logistics
Apr 20, 2025

DHL suspends global shipments above $800 for US consumers

DHL Express is a division within Germany's Deutsche Post. It has announced that it will suspend all global business-to consumer shipments of over $800 in value to...

Passenger Transportation Services
Apr 20, 2025

Boeing jet from China returns to the US, a victim in Trump's tariff war

The Boeing jet, intended for a Chinese carrier, was returned to the U.S. production center of the planemaker on Sunday. It is a victim the bilateral tariffs...

LNG Transportation
Apr 19, 2025

China's ENN and Zhenhua Oil sign LNG deals with ADNOC

China's privately-controlled ENN Natural Gas, and the state-run Zhenhua Oil each signed a contract to purchase liquefied gas from Abu Dhabi National Oil Company. ENN Natural Gas...

Asia
Apr 19, 2025

China Shipbuilders Criticize Trump's "short-sighted" US Port Fees

China's Shipbuilders on Sunday blasted the U.S. Port Fees announced by Donald Trump's Administration on China-linked vessels as "shortsighted". The measure was aimed at China's shipbuilding sector....

Transportation
Apr 18, 2025

At least 148 people die after boat catches fire in Congo, media reports say

Local officials cited in media reported that at least 148 bodies were discovered after a motorised wood boat capsized and caught fire. According to reports, the boat...

Transportation
Apr 18, 2025

At least 148 people die after boat catches fire in Congo, media reports say

Local officials cited in media reported that at least 148 bodies were discovered after a motorised wood boat caught fire and capsized. According to reports, the boat...

Transportation
Apr 18, 2025

At least 148 people die after boat catches fire in Congo, media reports say

Local officials cited in media reported that at least 148 bodies were discovered after a motorised wood boat sank and caught fire. According to reports, the boat...

Transport Infrastructure
Apr 18, 2025

Russian oil rates from Baltic to India continue to fall as Urals remains under price cap

Two traders reported that the freight rates for Russian oil shipments to India from Baltic ports are dropping further from their recent highs in April, as Urals...

Transportation
Apr 17, 2025

Indian ports continue to offer discounts on Russian Urals despite lower Saudi prices

Four trading sources said that the discount for Russian Urals oil cargoes loaded in May to Brent dated this month remained at this month's levels, even though...

Natural Gas Pipeline
Apr 17, 2025

Italy picks former Terna CFO Scornajenchi to run gas grid group Snam

State lender Cassa Depositi e Prestiti announced on Thursday that the Italian government had chosen Agostino Scornajenchi to replace Stefano Venier, as CEO of Snam's gas grid...

Transportation
Apr 17, 2025

After an island-wide blackout, power has been restored to 41.5% customers in Puerto Rico

After a blackout that affected the entire island on Wednesday, Luma Energy reported that it had restored power to approximately 41.5% customers by Thursday. Luma stated on...

Transport Infrastructure
Apr 17, 2025

Russia increases oil product supplies to Indonesia

Market sources and LSEG data on Thursday showed that Russia has increased its shipments of oil to Indonesia in response to Western sanctions imposed due to its...

Apr 17, 2025

Maguire: US power system to reach new clean milestone by April

The U.S. energy system is on course to reach a new milestone in the energy transition by April, as clean electricity supply reaches its annual peak and...

Ground Transportation
Apr 17, 2025

Shippers around the world are waiting to hear if the US will be imposing port fees on vessels linked to China

The U.S. Trade Representative will announce on Thursday its plan to levy port fees on China linked ships, as part of President Donald Trump’s efforts to revitalize...

LNG Transportation
Apr 17, 2025

Asian spot prices remain at a 1-year low amid supply disruptions

The Asian spot LNG prices remain at an all-time low, following supply disruptions in three export facilities. Some buying interest has also been seen to help offset...

Asia
Apr 17, 2025

Sources say that STS transfers have helped to boost Russian Arctic oil exports from China.

According to traders and Vortexa data, Russia's Arctic Oil exports to China will rise dramatically this month. This is due to a surge in ship-to -ship transfers...

North Africa
Apr 17, 2025

Traders estimate that Algerian wheat purchase in the tender will be between 600,000 and 630,000 tonnes

European traders reported on Thursday that Algeria's state grain agency OAIC purchased between 600,000 and 630,000 metric tonnes of milling wheat during an international auction which closed...

Transportation
Apr 17, 2025

Government says that Czech Republic will be fully independent from Russian oil

Government officials announced on Thursday that the Czech Republic is now completely independent from Russian oil supplies, for the first ever in its history. This follows the...

South-East Asia
Apr 17, 2025

Sources say that exports of Russian Arctic oil sanctioned to China are expected to increase in April.

The export of Russian Arctic oil to China is expected to increase sharply in April, after sellers offered large discounts and shipped on non-sanctioned tanks to counter...

Apr 17, 2025

Maguire: US power system to reach new clean milestone by April

The U.S. energy system is on course to reach a new milestone in the energy transition by April, as clean electricity supply reaches its annual peak and...

Passenger Ground & Sea Transportation
Apr 17, 2025

India's BluSmart, a rival to Uber, suspends its operations after a co-founder is investigated

The Indian electric taxi service BluSmart, a competitor to Uber, has suspended its services after an investigation by a market regulator found that a cofounder had misused...

Passenger Transportation Services
Apr 17, 2025

Malaysia Aviation Group to report $12 Million Net Profit in 2024

Malaysia Aviation Group (Malaysia Airlines' parent company) reported on Thursday a net income of 54 million Ringgit ($12.24million) for the 2024 financial period. Malaysia Airlines is still...

Transportation
Apr 16, 2025

Vietnam boosts power capacity with $136 billion plan

The government announced late Wednesday that Vietnam plans to increase its installed power generation capacity from 80 GW to between 183 and 236 Gigawatts (GW) by 2030....

Ground Freight
Apr 16, 2025

Railroad operator CSX misses quarterly estimates as coal revenue falls

CSX, the railroad operator, reported revenue and profit for its first quarter below Wall Street expectations on Wednesday. Gains in intermodal revenue were offset by a drop...

Natural Gas Pipeline
Apr 16, 2025

Cosan's Edge imports Argentinean gas to Brazil via Bolivia

Edge, a Brazilian conglomerate owned by Cosan, announced on Wednesday that it had imported Argentinean natural gas to Brazil via Bolivia for the very first time. The...

Transportation
Apr 16, 2025

Pipeline operator Kinder Morgan misses first-quarter profit estimates

Kinder Morgan, the U.S. operator of pipelines and terminals, narrowly missed Wall Street's expectations for its first-quarter profits on Wednesday. This was due to a decline in...

Transportation
Apr 16, 2025

Siemens Energy increases outlook after exceeding forecasts in second quarter

Siemens Energy raised its outlook on Wednesday for the current financial year. It cited a strong performance across all its business areas, which provide equipment and service...

North Africa
Apr 16, 2025

Algeria purchases about 540,000 T of wheat at tender, traders report

Initial assessments by European traders indicate that Algeria's state grain agency OAIC purchased approximately 540,000 metric tonnes of milling wheat at an international auction which closed on...

Transport Infrastructure
Apr 16, 2025

Port of Corpus Christi records its highest ever Q1 throughput

Port of Corpus Christi reported on Wednesday that it had recorded the highest first quarter ever for freight movements through its shipping channel by 2025. This was...

Middle East
Apr 16, 2025

Algeria purchases milling wheat at tender, traders claim

Initial assessments by European traders indicate that Algeria's state grain agency OAIC bought milling wheat at an international auction which closed on Tuesday. They reported that the...

Transportation
Apr 16, 2025

US Army Corps grants emergency designation to Enbridge Line 5 Tunnel

The U.S. Army Corps of Engineers granted Enbridge the national energy emergency status on Wednesday for its proposed tunnel for Line 5 pipeline, expediting a crucial federal...

Transport Infrastructure
Apr 16, 2025

Oman, Netherlands and Germany reach agreement on liquid hydrogen import corridor

Tata Steel Nederland announced on Wednesday that major industrial groups from Oman and Germany, as well as the Netherlands, have signed an agreement to develop the first...

Oil Pipeline
Apr 16, 2025

South Bow restarts Keystone Pipeline after Safety Administration Approval

South Bow announced on Wednesday that it had restarted its Keystone pipeline at a lower operating pressure following approval by the Pipeline and Hazardous Materials Safety Administration....

Transport Infrastructure
Apr 16, 2025

The German LNG import terminals

Since the invasion of Ukraine by Russia in 2022, Germany has sought to import liquefied gas (LNG), to replace Russian gas piped to Germany. The first step...

Western Europe
Apr 16, 2025

Greece submits plans for maritime use following breach of EU rules

After years of delays, the European Commission has rebuked Greece for submitting plans to the EU that outline how it will organize maritime activities like fishing, tourism...

Europe
Apr 16, 2025

Maguire: Europe's energy firms reduce emissions while clean output drops

The European power sector released more carbon dioxide in the first quarter 2025 than any other quarter since 2023, after a decline in clean energy production forced...

Transportation
Apr 16, 2025

By mid-July, the damaged Finland-Estonia submarine cable is expected to be back in service.

Fingrid, the Finnish grid operator, said that repair work on the damaged undersea electricity line EstLink 2 between Finland and Estonia is scheduled to begin in May....

Asia
Apr 16, 2025

Jordan offers to purchase up to 120,000 tonnes of wheat, traders claim

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from a variety or origins....

Middle East
Apr 15, 2025

UK maritime agency reports an incident east of Yemen’s Aden

United Kingdom Maritime Trade Operations announced on Tuesday it had received a report about an incident involving a vessel located 100 nautical miles east from Yemen's Aden....

Transportation
Apr 15, 2025

Operator says UK power grid may face lowest demand ever this summer

The National Energy System Operator (NESO), which is responsible for the UK's electricity grid, said that the National Energy System Operator expects the power grid to be...

Oil Pipeline
Apr 15, 2025

Discounts on Western Canada Select Heavy Crude are now wider.

On Tuesday, the discount between West Texas Intermediate (WTI), North America's benchmark futures contract, and Western Canada Select (WCS), a heavy crude from Western Canada (WCS), widened....

South-East Asia
Apr 15, 2025

Exxon consortium begins installation of floating oil facilities in Guyana

The maritime regulator of Guyana said that a consortium led by U.S. Exxon Mobil was about to start the installation process for its fourth floating oil-production facility....

Transport Infrastructure
Apr 15, 2025

China's Cofco hires dozens of farm workers in Brazil

Cofco International, The building is constructing its biggest export port Terminal in the World in Brazil said Tuesday that China's state run food group is hiring dozens...

South America
Apr 15, 2025

First oil vessel to be demolished in Brazil a year behind schedule

People familiar with the situation said that a dispute between the state-run oil company Petrobras, and the steelmaker Gerdau, will delay the first decommissioning of an oil...

Asia
Apr 15, 2025

Jordan purchases approximately 60,000 T of wheat at tender, traders claim

In an international auction held on Tuesday, Jordan's state grain buyer purchased around 60,000 metric tonnes of hard milling Wheat to be sourced optionally. They said that...

Western Europe
Apr 15, 2025

Rhine Shipping Improved by Rain, but River Level Still Too Low

Commodity traders reported on Tuesday that despite the slight increase in Rhine water levels due to recent rain, they are still less than half full and have...

Europe
Apr 15, 2025

Swedish investigation finds no conclusive proof of intentional cable damage by Chinese ships

The Swedish Accident Investigation Authority announced on Tuesday that there was no conclusive proof to support the claim that a Chinese vessel deliberately dragged anchors to damage...

Transportation
Apr 15, 2025

In mid-2027, a new north-south German electricity line is expected.

The head of Germany's grid regulator announced on Tuesday that the A-Nord link had been approved. This means it will be operational in mid-2027, as part of...