Western Europe








LNG Transportation

Transport Infrastructure

Transport Infrastructure

Experts say that the part found near Spain crash site could be missing its undercarriage

Sources and experts have said that a large metal piece found near the crash site of a high speed train in Spain could be the missing undercarriage the investigators are searching for. At least 42 people were killed in the crash, which was one of Europe's largest, that occurred on Sunday near Adamuz, a small town located in the south of Turkey. Inaki Barron is the head of Spain’s railway accident investigation body CIAF. He said that on Monday, the investigation would be focused on a missing piece, called a bogie. This was because it was the main point of...

Transport Infrastructure

Sources say that Russia's Tuapse Port resumes fuel exports following a drone attack.

According to three industry sources, and LSEG data, Russia's Black Sea Port of Tuapse resumed exports of oil?products last week following a?two -week suspension due to a Ukrainian??drone??? attack. The strike on December 31 damaged equipment at Rosneft and one berth in the port. According to the Krasnodar regional operational headquarters, there is a nearby export-oriented Tuapse refining plant. Since the beginning of the conflict, drones from Ukraine have repeatedly attacked the port and refinery. According to "market sources", at least five tankers have loaded diesel and fuel at Tuapse Port since last week. Cargoes from Rosneft refineries were delivered...

Transport Infrastructure

Spanish train drivers strike after fatal derailments

Spain's largest train drivers union called for a strike on Wednesday to demand guarantees for the safety of their profession after one of Europe's worst train accidents left at least 42 people dead, and a second derailment killed a driver. A commuter train derailled on Tuesday, after a retaining-wall collapsed onto track during heavy rains in Barcelona. The driver was killed and four passengers were seriously injured. Rail network operator Adif? said that a third derailment on Barcelona's regional rail network was not caused by an accident, but a rock fell on the track during the storm. In a press...

Transport Infrastructure

Malaysia's Khazanah will direct more capital towards power grids and chip firms, says the chief of Malaysia's Khazanah in Davos

Malaysia's sovereign fund Khazanah Nasional Bhd plans to channel additional capital into strengthening the?power?system and supporting local semiconductor companies as AI drives next investment cycle. Khazanah's Managing Director Amirul Feisal Wan Zahir stated in an interview during the World Economic Forum annual meeting in Davos that energy supply and grid reliability were central to competitiveness. "What is needed for it to work well, is computing power. And what does computing power mean? Energy. Amirul Feisal said at the Global Markets Forum that this is when we should think about how to capture some of this growth. Khazanah will instead concentrate...

Transport Infrastructure

What happened in Spain's high speed train crash?

The Sunday train derailment and collision in southern Spain left at least 122 people injured and 39 dead. Officials cited the "strangeness" of the accident, which occurred on a straight section of rail, and one theory suggested that the cause was a broken rail joint. What we know about the situation so far is: The accident occurred at 7:45 pm (1845 GMT), near the town Adamuz, in the province of Cordoba. This is about 360 km (225 miles) south of Madrid. Two high-speed trains were involved, one operated by the private consortium Iryo and the other by Alvia which is...

Transport Infrastructure

Floods in Mozambique force thousands of people to flee their homes as the rising waters cut communities off

Witnesses and aid workers said that severe floods caused by heavy rains in Mozambique forced thousands of people to leave their homes and some were left stranded on roofs. The waters were swollen and swamping settlements. According to the International Federation of Red Cross and Red Crescent Societies, which is assisting in relief efforts, floods directly affected more than 620,000 individuals, with 72,000 homes flooded and extensive damage caused to bridges, roads and health centers. Rachel Fowler, IFRC's Program and Operations Manager, told reporters in Maputo that the situation was likely to worsen as the dams were already full. This...

Transport Infrastructure

Source: Investigators found broken joints on the track at Spanish rail crash scene

According to a source briefed about the initial investigations, experts investigating the cause of the Sunday derailment in Spain of a high speed train, which killed at least 39 people found a cracked joint on the rails. According to a source briefed on the initial investigations into the disaster, experts investigating the cause of Sunday's derailment of a high-speed train in Spain found?a broken joint on the rails. The accident occurred near Adamuz, in the southern province Cordoba. It is about 360 km (230 miles) south of Madrid. The source said that technicians on site examining the rails found some...

Transport Infrastructure

What happened in Spain's high speed train crash?

The train derailment and collision that occurred in southern Spain on Sunday killed 39 people, and injured 122 others. Officials emphasized the "tremendously bizarre" nature of the accident which took place along a straight section of rail. What we know about the situation so far is: The accident occurred at 7:45 pm (1845 GMT) in the province Cordoba about 360 km (225 miles) south of Madrid. The two trains were operated by two different private companies, Iryo and Alvia. Both are run by Spain's national railway company, Renfe. The two last carriages from the eight-car trademark-red Iryo train travelling from...

Transport Infrastructure

Reports from RTVE show that the death toll in Spain due to a high-speed train crash has risen to 39.

According to RTVE, citing sources from the police, the death toll in Sunday's collision of a derailing high speed train with a second approaching train has risen?to?39, while 152 others were injured. The accident occurred at 7:45 pm local time (1845 GMT), on Sunday, near Adamuz. This is about 360 km south of Madrid. RTVE reports that over 200 trains between Madrid, southern Andalucia and major cities Cordoba and Seville were cancelled on Monday. In a Monday statement, his office announced that Prime Minister Pedro Sanchez had set out "his agenda" for the day. On Sunday, a video from the...

Transport Infrastructure

Libya signs $2.7 billion partnership for expansion of Misurata Free Zone

Libya will sign on Sunday a strategic partnership to develop and expand the Misurata Free Zone with international firms, attracting estimated $2.7 billion in investment. The project would generate an estimated $500 million in operating revenue annually if the agreements were signed with Qatari companies and Italian, Swiss, and Swiss firms. Dbeibah stated that "this project will not only boost Libya's ranking among the?largest port in terms of capacity and size, but also relies on direct foreign investments within a comprehensive partnership". Dbeibah stated that this partnership reflects "the government's commitment to attracting a productive external financing in order to...

Transport Infrastructure

Indonesian authorities discover wreckage of a missing surveillance plane that had 11 people on board

Indonesian authorities announced on Sunday that they have located the wreckage from a missing fisheries-surveillance plane in South Sulawesi Province near a foggy mountain. They are still searching for 11 people who were on board. The ATR42-500 turboprop owned by Indonesia Air Transport lost touch with air traffic control on Saturday around 1:30 pm local time (0530 GMT), in the Maros area of South Sulawesi. The plane was chartered by Indonesia’s Marine Affairs and Fisheries Ministry for air surveillance of fisheries. The passengers were staff from the ministry. The head of South Sulawesi’s rescue agency, Muhammad Arif Anwar said on...

Transport Infrastructure

Indonesia searches for missing surveillance aircraft with 11 onboard

Officials?said that Indonesian rescuers searched on Saturday for a missing ATR 42500 fisheries monitoring aircraft with 11 people aboard. Andi Sultan, a local rescue official, said that the Indonesia Air Transport plane had lost contact with air traffic control at around 1:30 pm (0530 GMT), in the Maros area of South Sulawesi Province. Sultan stated that the aircraft was heading towards Makassar (the capital of South Sulawesi) after leaving?Yogyakarta Province before contact was lost. He added that there were eight crew members and three passengers aboard. Sultan stated that around 400 personnel including military and law enforcement units were deployed...

Passenger Transportation Services

Passenger Transportation Services

O'Leary, Ryanair's CEO, shrugs off Elon Musk's takeover threat.

While Europe and the U.S. As Europe and the?U.S. face off in Davos about Donald Trump's threats to take over Greenland two of the region's most?outspoken?business leaders, Michael O'Leary & Elon Musk are engaged in a trolling battle over Starlink. Last week, the feud began after O'Leary, Ryanair's boss, refused to use Musk's Starlink service on his fleet more than 600 planes. The U.S. billionaire called him an "utter fool". O'Leary, at a Dublin press conference on Wednesday, referred to as a response by Ryanair to "Musk's Latest Twitshit", dismissed Musk's suggestion that he could buy the airline and succeed...

Passenger Transportation Services

Bristow secures Electra plane delivery with deposit deal

Bristow Group, an offshore helicopter operator, announced on Wednesday that it had agreed to make a series of?milestone payments' to Virginia-based Electra. This was a very rare step to lock in the delivery date for Electra's planned EL9 hybrid electric passenger plane. The deal, which upgrades a tentative purchase of five of these planes designed to operate in runways as long as a soccer field, marks a move towards more financial discipline in a sector that is widely hailed but highly volatile. Bristow has also options on 45 additional planes. Analysts in the industry say that until now, most of...

Passenger Transportation Services

Commuter train derails near Barcelona, driver dead, 20 injured

According to a Catalonia Regional Government source and several local media outlets, the commuter train derailment occurred on Tuesday after a containment?wall?fell onto the track due to heavy 'rain near the Spanish City of Barcelona. The driver was killed, while around 20 other people were injured. The accident occurred just two days after the high-speed collision and derailment that killed 42 people near Adamuz, in southern Cordoba Province. Emergency services officials said that twenty ambulances and 38 firefighter units were dispatched along with the site in Gelida, on the outskirts Barcelona. The suburban train derailed in a region that has...

Passenger Ground & Sea Transportation

Transportation

Transportation

Experts say that the part found near Spain crash site could be missing its undercarriage

A large metal piece found near the crash site of a high speed train in Spain could?be the missing undercarriage the investigators are searching for, to determine the cause of the accident. At least 42 people were killed in the crash, which was one of Europe's largest, that occurred on Sunday near Adamuz, a small town located in the south of Turkey. Inaki Barron is the head of Spain’s railway accident investigation body CIAF. He said that on Monday, the investigation will focus on a missing piece, called a bogie. This part is important because it acts as a key...

Transportation

US Energy Secretary tells executives that Venezuelan oil production can increase 30% in the near future

Three executives present at the meeting claim that U.S. Energy Sec. Chris Wright informed oil company executives in Washington on Wednesday "that Venezuela's production can increase 30% from its current?900,000.?barrels a day within the short to medium term." U.S. president Donald Trump has asked U.S. oil executives for $100 billion in order to improve Venezuela's oil industry. This is a major goal of Washington following the capture of Venezuelan leader Nicolas Maduro by U.S. forces earlier this month. Venezuela's oil production has plummeted due to years of underinvestment and sanctions. In the 1970s, Venezuela produced 3.5 million barrels per day...

Transportation

Hong Kong court calls 18 witnesses in Baltic Sea cable damage case

The lawyer of the Chinese captain who is accused of damaging undersea cables on a?ship registered in Hong Kong in the Baltic Sea, said that 18 witnesses will be called in to testify. According to a Hong Kong charging document, Wan Wenguo is accused of causing "criminal damages" on the underwater natural gas pipeline between Finland and Estonia in October 2023. Since Russia's full-scale invasion of Ukraine began in early 2022, the Baltic Sea region is on high alert for sabotage. This follows a series outages of gas pipelines, power cables and telecoms. Wan, 43 years old, appeared before the...

Transportation

After a train accident, Greece ordered safety improvements by Italian-owned rail

Hellenic Train, an Italian-owned railway company, is required to invest 420 millions euros ($487.41) in new trains and maintenance nearly three years after Greece's worst rail disaster. The amendments to the '2017' state contract with Hellenic Train, approved late Thursday by the parliament, contain these requirements. "For the very first time the contract contains a clause that allows for a termination. The statement stated that if the trains aren't delivered and in service by 2027 the state may terminate the contract. On February 28, 2023 a passenger train from Athens collided with a freight train from Thessaloniki, near the town...

Transportation

Source in the Parliament says that Berlin will take a minority stake in TenneT Germany's power grid

The German budget committee approved the purchase of a minority share in the German division?of the Dutch high-voltage transmission grid 'TenneT', according to a German parliamentary report on Friday. This is part of a longstanding plan by the German government to consolidate its control over key infrastructure. The source said that conservatives, centre-left SPD, and the Greens were all in favor of the decision, but the far-right AfD was against it, and the Left Party abstained. In a November letter, the economy ministry'said that it intended to sign a 'agreement to buy a 25% stake in TenneT Germany in early...

Transportation

UK jury: Captain attempted to change course prior to fatal tanker accident

A London court heard on Wednesday that the captain of a container vessel which smashed into a U.S. oil tanker last year off Britain's East Coast tried to alter course in order to avoid a fatal collision. Vladimir Motin's lawyer stated that the Russian captain of the Solong, who hit the Stena Immaculate tanker anchored in March 2025 and tried to turn off the autopilot but failed, shortly before the crash. Motin is facing trial at the Old Bailey, accused of gross negligence manslaughter. Mark Pernia is a 38-year-old crew member whose body was never found, but is presumed to...

Transportation

After the Black Sea tanker attack, Kazakhstan calls on US and Europe to assist in securing oil transport

Kazakhstan called on Europe and the U.S. to secure oil transport after drone attacks on tankers headed to a Black Sea Terminal on the Russian coast that handles 1% of the global supply. Unidentified drones attacked at least two oil tankers in Tuesday's Black Sea, including a tanker chartered by U.S. major Chevron. They were sailing toward a terminal along the Russian coast that would load oil from Kazakhstan. In a press release, Kazakhstan's foreign ministry said that three tankers had been hit on their way to the Black Sea marine terminal for the Caspian Pipeline Consortium. Drones attacked CPC’s...

Transportation

US withdraws appeal of order blocking Trump's plan to tie state transport funds to immigration enforcement

The U.S. Justice Department asked on Tuesday a federal appeals?court to dismiss its appeal against a lower court order that blocked President Donald Trump from requiring 20?Democratic?states?to cooperate with immigration enforcement in order to receive billions of dollar's worth of grant funding for transportation. A U.S. Judge in Rhode Island decided that the U.S. Department of Transportation did not have the authority to force the states to work with U.S. Immigration and Customs Enforcement for transportation funding and that the condition was against the U.S. Constitution. California Attorney General Rob Bonta led the legal challenge which included also the District...

Oil Pipeline

Black Sea war insurance prices jump after tanker attack, sources claim

Five industry sources reported that the cost of war insurance for ships sailing into the Black Sea almost doubled after two Greek-managed tankers were struck by unidentified drones on their way to load crude oil at a terminal on 'Russian coast. Black Sea is vital for shipping grain, oil and petroleum products. Bulgaria, Georgia and Romania, as well Russia and Ukraine, share its waters. Sources said that the latest incidents raised concerns about the safety of ships heading to Russian and Ukrainian terminals. The cost of war insurance for Black Sea terminals has risen from 0.6% to 0.8% in late...

Transportation

UK prosecutors claim that the Russian captain did nothing to prevent a US tanker accident.

British prosecutors have said that the captain of a container vessel that collided with a U.S. oil tanker last year off Britain's East Coast did "absolutely nothing" to avoid an avoidable, fatal collision. His trial for the death of a crewmember began on Tuesday. Vladimir Motin was the captain of the Portuguese flagged Solong, heading for Rotterdam, Netherlands, when the tanker Stena Immaculate, which was anchored was hit on 10 March 2025. Tom Little, prosecutor, said that the Solong was mostly carrying alcohol, and some dangerous goods. These included empty but unclean containers of sodium cyanide. The Stena Immaculate, on...

Transportation

UK prosecutors claim that the Russian captain did nothing to prevent the crash of a US tanker.

British prosecutors stated on Tuesday that the captain of the container ship which collided with a U.S. oil tanker off Britain's east cost last year, did "absolutely" nothing to prevent an avoidable fatal collision. Vladimir Motin (59) was the Russian captain of the Portuguese flagged Solong, which hit the Stena Immaculate tanker that was anchored on March 10, 2025. Motin, who was arrested four days earlier, was charged with the murder of Mark Pernia (38), a Filipino national, and member of the Solong crew. His body has not been located and is presumed to be dead. Tom Little, the prosecutor...

Transportation

CPC Blend oil loadings resumed after the storm, but January exports were 70% behind schedule according to sources

Four sources claim that January exports are already 70% behind schedule after the weather-related suspension of the Caspian Pipeline Consortium terminal. The interruption to CPC oil exports limits supply for the vast Tengiz oil fields and Kashagan oil field operated by U.S. oil majors and European oil companies. The CPC Blend oil loadings may be further complicated by a drone attack that took place on Tuesday near the CPC terminal. The CPC pipeline, which handles more than 80% of Kazakhstan's oil exports, transports oil to the Black Sea terminal at Yuzhnaya Ozereyevka, near Novorossiysk. Two sources claim that the 'CPC'...