Recent discussions have emerged regarding the potential reopening of Ukrainian airports, particularly focusing on Lviv and Boryspil International Airports. According to a report by Interfax-Ukraine, there is a possibility that flights to one of these airports could resume by the end of January 2025. Lviv Airport, situated in western Ukraine close to the Polish border, […]
Avolon, a leading global aviation finance company, announces the extension and upsizing of its unsecured revolving credit facility, supported by a syndicate of 25 banks. READ: e-commerce gets a lift as Qatar Airways Cargo and Cainiao strengthen partnership The facility’s maturity date has been extended by two and a half years from April 2026 to […]
Globe Air Cargo, a subsidiary of ECS Group, has been appointed as the GSSA for Air Arabia in Poland. This partnership marks an important step in strengthening Air Arabia’s cargo operations in the region. The contract is effective from October 15, 2024, for a duration of three years from the date of signing. READ: e-commerce […]
Thailand’s defense ministry is negotiating with the government of Myanmar over the safe return of 31 Thai fishermen who were shot at and captured by a Burmese patrol vessel in the Andaman Sea. On Saturday morning, the Myanmar Navy interdicted a small fleet of Thai fishing vessels near Ranong Province. According to Thai defense […]
The world’s nations have failed to deliver a promised agreement on a global treaty on plastic pollution after deadlocking on the question of production caps on virgin plastic from oil and gas. A weeklong meeting in Busan ended without a formal treaty, reportedly due to disagreement between petroleum-producing nations (Russia, the United States and Saudi […]
India is tapping the UK’s expertise in design and development of electric propulsion systems for its planned new fleet of Landing Platform Docks (LPDs). Last week in Portsmouth, the Ministries of Defense of India and UK signed a cooperation agreement that will see the two countries partner in production of integrated electric propulsion systems […]
A search is under way for the crew of a commercial fishing vessel that capsized in frigid waters and severe weather off the coast of Couverden Island, Alaska. At about 0010 hours on Sunday morning, Coast Guard Sector Southeast Alaska received a VHF mayday call from the crew of the fishing vessel Wind Walker. […]
Last week, the Brazilian Ministry of Ports and Airports unveiled an investment plan for the upcoming privatization of the country’s major terminals. The plan targets over 50 projects, including port leases and concessions slated for the next two years. The privatization plan is expected to attract investment worth over $3 billion in the Brazilian […]
[By Georgina Lancaster] Deep-sea mining is emerging as a new frontier of resource extraction. A race is underway for underwater resources with important economic, environmental and geopolitical implications. For Pacific island countries, deep-sea mining offers economic opportunities and international leverage but risks severe ecological damage. It could reshape regional alliances and traditional power dynamics […]
[By: OceanScore] On November 25, BIMCO released its much-anticipated clause for Time Charter (T/C) Parties under the FuelEU Maritime Regulation, marking a critical step toward industry alignment with decarbonization goals. As we review the clause and engage in discussions with our customers, it’s clear there are still some gaps to be filled before we reach total […]
[By: Wärtsilä] Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the complete cargo handling system for a new fully pressurised LPG Carrier being built for Meghna Fresh LPG, part of the Bangladeshi Meghna Group of Industries. The group is one of the country’s largest industrial conglomerates, and in addition to being the owner of the new […]
[By: Auramarine] Auramarine, the leading fuel supply systems pioneer for the marine, power and process industries, has announced that it will deliver two shipsets of Diesel Fuel Oil (DFO) and Liquid Biofuel (LBO) supply systems to Meriaura, a leading Finnish shipping company. The Auramarine fuel supply systems will be used onboard two Meriaura cargo ships […]
