Transportation News, Logistics, Ports and Trade

Transnet Needs More Than a Plan to Fix South Africa’s Logistics

Bloomberg | November 23, 2023 | Logistics

Australian Barley Makes Big Comeback in China After Tariffs End

Bloomberg | November 23, 2023 | International Trade

AAL takes early stance on the EU’s New Year carbon emission trading rules

AJOT Newsroom | November 22, 2023 | Green Shipping | Project / Heavy Lift | Maritime Project

AAL Shipping (AAL) has become the first project heavy lift carrier to publish a carbon surcharge guidance to help its customers prepare for the increased costs related to forthcoming European Union regulations on carbon emissions.

SAS gets US court approval for $1.2 billion rescue plan

Bloomberg | November 22, 2023 | Air Cargo | Airlines

Airline SAS AB received approval from a bankruptcy court in New York for a $1.2 billion rescue package that will see Air France-KLM and private equity firm Castlelake LP become owners in the Scandinavian flag-carrier.

Norfolk Southern’s Motsinger recognized for environmental excellence

AJOT Newsroom | November 22, 2023 | Green Shipping | Intermodal | Rail

The Association of American Railroads (AAR) awarded Norfolk Southern Railway’s (NS) Adam Motsinger with the 2023 Environmental Excellence Award, the industry’s highest honor for environmental professionals. 

Nvidia rival Graphcore pulls out of China, citing US export rules

Bloomberg | November 22, 2023 | International Trade

British chip designer Graphcore Ltd. is laying off most of its staff and discontinuing sales in China, marking another setback for a startup once heralded as a potential rival to Nvidia Corp.

Rail traffic for the week ending November 18, 2023

AJOT Newsroom | November 22, 2023 | Intermodal | Rail

How Huawei’s chipmaker turned US sanctions into a China success story

Bloomberg | November 22, 2023 | International Trade

Huawei Technologies Co. alarmed politicians from Washington to Tokyo when it took the wraps off a $900 smartphone that signaled China’s rapid advance in semiconductor technology. The episode also thrust the little-known company that made the chip for Huawei into the middle of the US-Chinese battle for geopolitical supremacy.

U.S. gasoline prices decline amid lower gasoline demand and falling crude oil prices

AJOT Newsroom | November 22, 2023 | Energy

On November 20, 2023, the Monday before Thanksgiving, the retail price of regular gasoline averaged $3.29 per gallon (gal) across the United States, 10% less than the same time last year.

DNV awards Abate (Power +) notation to Transocean Norge

AJOT Newsroom | November 22, 2023 | Energy | Green Shipping

The DNV-classed rig, Transocean Norge, has become the first semisubmersible rig to be awarded DNV’s Abate (Power+) notation following significant upgrades designed to lower its greenhouse gas emissions during operation.

Kalmar and Brasmaq continue long-term collaboration with new order for Essential reachstackers

AJOT Newsroom | November 22, 2023 | Ports & Terminals | Equipment and Tech

Kalmar, part of Cargotec, has secured a large order to supply Brazilian equipment leasing service provider Brasmaq Portuaria with a total of 21 Kalmar Essential reachstackers.

Lhyfe awarded grant of €14 million for green hydrogen project in Spain in Tarragona

AJOT Newsroom | November 22, 2023 | Energy | Alternative | Green Shipping

BMT and Strategic Marine join forces to drive innovation into offshore wind

AJOT Newsroom | November 22, 2023 | Green Shipping | Maritime | Technology

Nigeria revives oil tanker tax issue that drove up freight

Bloomberg | November 22, 2023 | Energy | Maritime | Bulk

KPI OceanConnect supplies OOCL with biofuel blend marking a significant milestone in their sustainability journeys

KPI OceanConnect arranges supply of bespoke B24 biofuel blend to Orient Overseas Container Line (OOCL)’s container vessel

US airlines keep adding seats they can’t get anyone to fill

Bloomberg | November 22, 2023 | Air Cargo | Airlines

What happened to five oil tankers sanctioned for Russia violations

Bloomberg | November 22, 2023 | Energy | Maritime | Bulk

Over the past month, the US has sanctioned five vessels for hauling crude above $60-a-barrel price cap set by the Group of Seven and its allies.

ICTSI South Pacific terminals handle largest international vessel to call PNG

AJOT Newsroom | November 22, 2023 | Ports & Terminals | Terminals

“This milestone highlights the growing confidence in ICTSI South Pacific terminals for delivering best-in-class service. It is aligned with our recent strong investment in pursuit of our vision of making our facilities the...