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Italians Seized Weapons and Drones Smuggled in Containers Going to Libya

Italian police and customs authorities confirmed they seized a cache of weapons and two drones designed for military use from containers being transported through Italy on an MSC vessel. The incident began in mid-June with the authorities stopping containers for...
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Leading group of seven major operators accounted for over 40% of global port handling in 2023 – Drewry

While the total number of global terminal operators (GTOs) featuring in the Drewry league tables remained unchanged at 21 in 2023, the composition has changed significantly. The league tables that are a central feature in the latest edition of Drewry’s Global...
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Mitsubishi Heavy Industries and Taiwan Fertilizer Sign MoU for Joint Study on Developing Fuel Ammonia Value Chain in Taiwan

Mitsubishi Heavy Industries and Taiwan Fertilizer Sign MoU for Joint Study on Developing Fuel Ammonia Value Chain in Taiwan
Mitsubishi Heavy Industries, Ltd. (MHI) has entered into a Memorandum of Understanding (MoU) with Taiwan Fertilizer Co., Ltd. (TFC) to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan. This is in support of...
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The energy mix is not a zero-sum game: oil and the electricity grid

Electrification is often presented as oil’s great rival. If we are to believe some of the myths perpetuated about the energy industry, electrification and oil operate in silos, sealed off from one another, as they engage in an existential struggle. ‘There can be only...
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Iron ore slides as soft China demand heightens supply pressure

Iron ore futures slid on Monday, dragged down by heightened supply pressure, while traders gauged soft steel demand in top consumer China with weak construction activities dampening domestic consumption. The most-traded January iron ore contract on China’s Dalian...
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PSA Acquires Polish Intermodal Operator Loconi International

PSA International (PSA), through its subsidiary PSA Baltics N.V., has signed an agreement to acquire an 85 per cent majority stake in Loconi International S.A. (Loconi), one of Poland’s leading intermodal operators, from the publicly traded Polish freight forwarder...
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