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EU backs new sanctions against Russia over Navalny’s death

Bloomberg | March 18, 2024 | Energy | International Trade

Two tankers with Russia’s Urals oil idle for weeks off India

Bloomberg | March 18, 2024 | Energy | Maritime | Bulk

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China’s container trade faces hold-offs due to supply-demand imbalance

AJOT | March 18, 2024 | Maritime | Liner Shipping

Container xChange has released its latest China market update, shedding light on the current container price trends in China.

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U.S. crude oil exports reached a record in 2023

AJOT | March 18, 2024 | Energy

U.S. crude oil exports established a record in 2023, averaging 4.1 million barrels per day (b/d), 13% (482,000 b/d) more than the previous annual record set in 2022. Except for 2021, U.S. crude oil exports have increased every year since 2015, when the U.S. ban on most crude oil exports was lifted.

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Air France adds flights to US ahead of Summer Games in Paris

Bloomberg | March 18, 2024 | Air Cargo | Airlines

Air France is adding long-haul flights this summer in response to growing demand, especially from the US, ahead of the Olympic Games in Paris.

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US warns EU that reviving steel case would sink WTO reform

Bloomberg | March 18, 2024 | International Trade | Commodity

The US told the European Union that if it reopened a case at the World Trade Organization against Washington over a Trump-era steel and aluminum dispute then it would risk sinking the bloc’s attempt to fix a pillar of multilateral trade cooperation.

AirAsia ramps up expansion with Cambodia flights from May

Bloomberg | March 18, 2024 | Air Cargo | Airlines

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COSCO SHIPPING calls Port of La Spezia, with 20,000 TEU vessels on regular basis

AJOT | March 18, 2024 | Maritime | Liner Shipping | Ports & Terminals

The COSCO SHIPPING Aries is expected to dock at the port of La Spezia in the coming days, marking the arrival of the first 20,000 TEU container ship from the Chinese liner.

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Ocean Network Express finalizes European Union Allowances (EUA) Transaction

AJOT | March 18, 2024 | Energy | Alternative | Green Shipping | Maritime | Liner Shipping

Ocean Network Express (ONE) has announced its inaugural European Union Allowances (EUA) transaction with BNP Paribas.

Treasury is asked why US firm insures ships carrying Iran oil

Bloomberg | March 18, 2024 | Energy | Maritime | Bulk

IAG Cargo launches new service between Barcelona and Miami
Air Cargo
AJOT | Top Story | March 18, 2024

IAG Cargo launches new service between Barcelona and Miami

• IAG Cargo announces a new service between Barcelona and Miami with flights operating up to three times a week from 31st March • Miami is IAG Cargo’s fifth connection between Barcelona and the U.S.
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Silk Way West Airlines continues fleet renewal with a further Boeing 777 freighter

AJOT | March 18, 2024 | Air Cargo | Freighters

Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, has expanded its commitment to a modern and eco-friendly fleet by amending its contract with Boeing to purchase an additional Boeing 777 Freighter, scheduled for delivery in 2025.

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Nuvera Fuel Cells selected for funding by the U.S. Department of Energy for manufacturing next-gen fuel cell stacks

AJOT | March 18, 2024 | Energy | Alternative | Green Shipping | Trucking

Nuvera Fuel Cells, LLC, a leading provider of fuel cell power solutions, has been included in this week’s announcement by the U.S. Department of Energy (DOE) of $750 million in funding under the Bipartisan Infrastructure Law (BIL) for 52 projects that directly support the national clean hydrogen strategy.

Offshore wind’s next big problem: Not enough ships
Energy
Bloomberg | Top Story | March 18, 2024

Offshore wind’s next big problem: Not enough ships

With turbines approaching the size of the Chrysler Building, there’s a looming shortage of ships large enough to install them

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