Orient Overseas International, a Hong Kong listed company, announced on Tuesday that 14 container ships worth $3.08 billion were ordered by its units from China COSCO Shipping...
As part of a tax reform package under consideration, the U.S. House Republicans propose $15 billion for new funding to reform air traffic control and a $200...
Two sources familiar with the matter confirmed on Tuesday that China had waived the 125% duty on imports of ethane from the United States, imposed earlier in...
The massive power outage on Monday reminded the Portuguese and Spaniards of their dependence on electricity in modern life and how they can be rendered helpless in...
Two sources familiar with the matter confirmed on Tuesday that China had waived its 125% tariff imposed on the United States' ethane imports earlier this month. This...
According to four sources familiar with the matter, the Malaysian state-owned company Petroliam Nasional (or Petronas) is in discussions with Commonwealth LNG about buying liquefied gas from...
Maersk announced on Tuesday that it has maintained all of its trans-Pacific sailings, even though some vessels have been reduced, despite the uncertainty created by U.S. tariffs...
In an international auction held on Tuesday, Jordan's state grain buyer bought about 60,000 metric tonnes of hard milling whey from optional origins. They said that it...
ENTSO-E - the European power grid lobby - has demanded that Germany split its 25-year-old single electric market into five zones of price bidding. This is to...
The below-average snowfall in continental Europe during the winter of 2018-19 has deprived regional utilities in this region of a vital source of clean energy that can...
In an international auction held on Tuesday, the Major Feedmill Group of South Korea (MFG), a group that owns and operates feed mills in South Korea, purchased...
Major Feedmill Group, a South Korean company, purchased between 50,000 and 65,000 animal feed wheat from around the world in a private transaction on Tuesday. The deal...
Honeywell's revenue and profit for the first quarter of 2018 exceeded Wall Street expectations on Tuesday as a lack of new aircraft fueled demand. The shares of...
A massive blackout in Spain, Portugal, and parts of France has prompted a search for the cause. The outage, which halted traffic lights, trains, and bank machines,...
Calculations based on official sources and data showed that Kazakhstan increased its oil exports from January to March by 7%, to 19.51 million metric tonnes (1.63 millions...
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...
China's Guangzhou Port opened a direct shipping route to Chancay Port in Peru on February 2, according to state broadcaster CCTV. The move, it reported, would reduce...
European traders reported on Tuesday that the Major Feedmill Group of South Korea (MFG) had issued an international bid to purchase up 140,000 metric tonnes of animal-feed...
European traders reported that the MFIG group of Taiwan bought 65,000 metric tonnes of animal feed corn in a Tuesday international auction. The corn was expected to...
First Abu Dhabi Bank, the largest lender in the United Arab Emirates by assets, exceeded first-quarter profit expectations on Tuesday. This was boosted by a strong increase...
According to Spanish grid operator REE, the massive blackout which hit the Iberian Peninsula Monday was caused by a sudden and large drop in electricity supply, which...
Morocco's official news agency reported that the foreign ministers of Burkina Faso and Niger, three Sahel-dominated states ruled by military forces, said they endorsed an initiative on...
Major power outages in Spain and Portugal have left many people stuck in lifts, on trains and in supermarkets. Others are walking home or stocking up in...
The Madrid Open was called off on Monday due to a widespread outage in the Spanish capital. This forced the 15th seed, Grigor Dimitrov, and his British...
According to LSEG data and traders, India's purchases of ESPO blend oil from Russia increased in April to their highest level since August 20,24 due to a...
A widespread power outage in Spain and Portugal on Monday paralysed the public transport system, caused traffic jams and caused flights to be delayed. Red Electrica, the...
Three trading sources reported that Greek shipowners have returned to the Russian Urals oil market, as the price has fallen below the Western price ceiling of $60...
A widespread blackout in Spain and Portugal on Monday paralysed the public transport system, caused traffic jams, and delayed flights. Utility operators scrambled to restore power. Officials...
Louisiana has been overshadowed for years by its showier neighbour Texas. Texas boasts a bigger economy and a greater population, and has dominated Washington DC policy makers...
According to a notice on DET's site, the terminal's superstructure at the transhipment facility's jetty will reopen soon after scheduled repairs were completed last week. The regasification...
China's Foreign Ministry has asked that all parties involved in the planned sale by CK Hutchison of its majority of ports to a BlackRock led consortium "act...
In a report released on Monday, the European association of power grid operators said that Germany should split its electricity market up to five different price zones...
The number of cyclists in London's City has increased by over 50% in just two years. New cycle paths, dockless bikes and improved air quality have all...
European traders reported on Monday that Taiwan's MFIG buying group had issued an international tender for up to 65,000 metric tonnes of animal feed corn, which could...
Louisiana has been overshadowed for years by its showier neighbour Texas. Texas boasts a bigger economy and population, and has dominated Washington DC policy makers and the...
China's top regulator of the market said that it is closely monitoring CK Hutchison’s plans to sell most of its port operations to a BlackRock led consortium,...
Donald Trump, the U.S. president, said that American commercial and military ships should be able to travel freely through the Suez Canal and Panama Canal. Trump wrote...
State media reported that a large explosion struck Shahid Rajaee Port in southern Iranian city Bandar Abbas, causing at least 47 injuries. The explosion occurred just as...
Three people with knowledge of the matter said that ByteDance is considering a large investment in a Brazilian data center to harness the abundant wind power on...
Three sources said that operators of hulking cars carriers were seeking relief from U.S. trade representative's surprise plan that would levy port charges on all foreign-built vessels...
The price of Asian spot LNG (liquefied natural gases) increased this week despite production problems in Asia and Europe. However, it was still at a near-year-low due...
Mexico is expanding its largest seaport as it bets on global trade and positive economic growth despite the grim outlook caused by U.S. president Donald Trump's tariff...
Mohsen Paknejad, the Iranian Oil Minister, said that during his visit to Moscow last Friday, Iran would increase cooperation with Russia in banking and agriculture. He also...
Chinese automakers are competing with foreign automakers to launch ever-more advanced hybrids that can travel long distances. This is in response to the growing demand for cars...
Sri Lanka's energy minister announced on Friday that the country will begin work on plans next month to create an energy hub in collaboration with India and...
After rains in Germany, the Rhine River levels have increased, allowing ships to carry more cargo, and sailings at normal speeds with full loads, in northern parts....
European traders reported on Friday that the state-owned Iranian animal food importer SLAL purchased approximately 60,000 metric tonnes of animal feed barley at an international auction this...
Air India and Boeing are in discussions to purchase around 10 737 MAX aircraft after Chinese customers began refusing to accept deliveries due a trade dispute with...
We use cookies to improve your website experience. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Use.
