ITS Logistics released the November ITS Supply Chain Report. Last month, the U.S. economy displayed resilience amidst a transitioning monetary policy and external disruptions but faced ongoing challenges in housing affordability, labor market cooling, and inflationary...
China eliminated the 13% export tax rebate on the popular feedstock for biofuels-used cooking oil (UCO) on 1 December 2024, aiming to increase domestic supply as the country intends to implement a 2% Sustainable Aviation Fuel (SAF) blend requirement in 2025. This move...
Reference is made to the stock exchange announcements on 1 October and 16 December 2024, regarding the conversion of debt of NOK 568 million into shares and the publication of the prospectus in connection with the listing of such shares. The Debt Conversion into...
Russia’s exports of liquefied natural gas (LNG) increased by 3% in 2024 to exceed 32 million tonnes with around a half going to Europe, LSEG preliminary data showsed. Europe took around 16 million tonnes, or 50% of total Russian exports, while more than seven million...
The Suez Canal has successfully tested a new lane that allows ships to travel in both directions along a 10-km stretch in its southern section, the Suez Canal Authority (SCA) announced. SCA Chairman Osama Rabie said two ships used the new channel after dredging work...
Singapore is investing further in its infrastructure, processes and workforce to solidify its position as a trusted regional cargo centre. With more shippers expected to choose the city as their preferred transshipment and intermodal hub in 2025 and beyond, these...