Transportation News, Logistics, Ports and Trade

African airlines join forces to stave off jet-fuel price crisis

Bloomberg | May 10, 2022 | Air Cargo | Airlines

‘Happy situation’ for India as high prices bolster sugar exports

Bloomberg | May 10, 2022 | International Trade | Commodity

Airlines win deal to buy fuel at fixed rate from Nigeria state

Bloomberg | May 10, 2022 | Air Cargo | Airlines | Energy

Hungary cites ‘some progress’ in EU talks on Russian oil embargo

Bloomberg | May 10, 2022 | Energy

Johnson shies away from escalating Brexit row for now

Bloomberg | May 10, 2022 | International Trade

MOL to build 4 additional LNG-fueled car carriers

AJOT Newsroom | May 09, 2022 | Maritime | Breakbulk News

A perfect and unavoidable storm: LNG supply crisis will make landfall in winter 2022

AJOT Newsroom | May 09, 2022 | Energy

A liquified natural gas (LNG) crisis is brewing for European countries dealing with energy insecurity in the wake of Russia’s invasion of Ukraine, as demand will outstrip supply by the end of this year, Rystad Energy research shows. Although soaring demand has spurred the greatest rush of new LNG projects worldwide in more than a decade, construction timelines mean material relief is unlikely only after 2024.

In 2021, value of energy trade between the United States and Canada rose from 2020 lows

AJOT Newsroom | May 09, 2022 | Energy

In 2021, the value of U.S. energy imports from Canada totaled $102 billion, which is 76% higher compared with 2020. The value of U.S. energy exports to Canada totaled $21.9 billion, 40% higher compared with 2020, according to data from the U.S. Census Bureau.

Sharp drop in transit times and US spot freight rates as demand plummets

AJOT Newsroom | May 09, 2022 | Maritime | Liner Shipping

Raimondo announces temporary suspension of 232 tariffs on Ukraine steel

AJOT Newsroom | May 09, 2022 | International Trade | Commodity

Suspended tariffs will bolster one of Ukraine’s most important industries

Longer than FIFA 2022 football pitch and the 2021 Olympic swimming pool. EGL moved the largest beam ever moved in the 20.5 million capital city of Cairo

AJOT Newsroom | May 09, 2022 | Project / Heavy Lift | Intermodal Project

Performance Team – a Maersk company announces plans for new Toronto distribution center

AJOT Newsroom | May 09, 2022 | Logistics

Performance Team – A Maersk Company has announced plans for a new Toronto distribution center designed to serve the growth of Canada’s import and export cargoes via ocean, rail, air and road.

Shippeo introduces carbon visibility and brings powerful new features to ocean and road visibility

AJOT Newsroom | May 09, 2022 | Shipping Technology

The Mission to Seafarers annual Seafarers’ Awards Singapore 2022 is open for nominations

AJOT Newsroom | May 09, 2022 | Maritime

TNW Corporation CEO testifies on behalf of Texas Short Line Railroads

AJOT Newsroom | May 09, 2022 | Intermodal | Rail

On April 26, Paul Treangen, CEO of TNW Corporation (TNW) and President of the Texas Short Line and Regional Railroad Association (TSLRRA), testified before the Texas House of Representatives’ Transportation Committee, representing the forty-one short line railroads in the state. The Texas Transportation Committee is currently conducting a study to assess current and future transportation needs and consider improvements to ensure Texas is adequately planning for the state’s population growth forecasts.

EU proposal on waste shipments can ‘level playing field’ for South Asian recycling yards, says Sea Sentinels

AJOT Newsroom | May 09, 2022 | Maritime | Bulk

Sustainable ship recycling consultancy Sea Sentinels believes proposed changes to the EU’s Waste Shipment Regulation will bring “legal clarity” on hazardous waste exports that will benefit South Asian shipbreaking yards seeking to gain compliance with EU recycling standards.