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Uzbekistan seeks to deepen railway cooperation with US-based Wabtec

China’s Carbon Emissions Plunge 3.1% as Oil Demand Slumps

A decline in fuel use in China’s industrial sector has led to a 3.1% decline in carbon dioxide emissions in the third quarter of the year, the Finnish climate outlet Centre for Research on Energy and Clean Air has reported, as cited by Reuters. The lower emissions from the world’s largest generator of CO2 resulted fro…

Oil Prices Head for 12% Weekly Loss Despite Fresh Tanker Attacks

Crude oil prices were on course for a sharp weekly drop, with both Brent crude and WTI shedding 12% since Monday, following the results of the U.S. midterm elections, which gave rise to hopes that the war in the Middle East could be brought to a swift end. At the time of writing, Brent crude was trading at $99.42 per …

Uzbekistan and Wabtec Discuss Railway Modernisation Plans

Uzbekistan and US-based Wabtec have discussed railway infrastructure modernisation, local production, industrial cooperation and specialist training.

Kazakhstan and Uzbekistan to Open Customs Offices

Kazakhstan has ratified an agreement with Uzbekistan to open customs offices in both countries and strengthen cooperation and information exchange.

Ammonia-Powered Bulk Carrier Takes on Green Fuel in Australian First

Australia has completed its first green ammonia bunkering operation involving an ammonia-powered bulk carrier, marking another step toward bringing alternative fuels into commercial shipping. The operation took place earlier this...

MARAD Approves $1 Billion Offshore Crude Oil Export Port Off Louisiana

The Trump administration has approved a $1 billion offshore crude oil export project off the coast of Louisiana, clearing a major regulatory hurdle for a facility designed to load some...

US and Turkmenistan Explore New Gas Routes Across the Caspian

US and Turkmen diplomats focused on expanding trans-Caspian connectivity and promoting energy export diversification during annual consultations in Ashgabat. Turkmen officials are signaling a strong desire to improve trade ties with both South Asia and the West, while maintaining the country’s long-standing status as …

War Comes to NATO’s Black Sea Coast, and Shipping Starts Saying No

Maritime experts warn that the westward spread of attacks between Russia and Ukraine, toward NATO coastlines, is now having commercial consequences.

IMO Backs Dominguez for Second Term Amid Shipping Attacks and Climate Deadlock

The International Maritime Organization (IMO) Council has backed Secretary-General Arsenio Dominguez for a second four-year term, extending its support for his leadership despite the organization’s failure to adopt its landmark...

Maersk’s 26-Ship LNG Order Adds Nearly Half a Million TEU to Newbuilding Pipeline

A.P. Moller-Maersk is pressing ahead with one of its largest containership ordering programs in years, confirming in its third-quarter earnings report that it has ordered 26 LNG dual-fuel vessels with...

Urban Outfitters seeks material cost visibility from expanded technology suite

The parent of several retail brands is tacking on additional features to its current production lifecycle management platform to improve supply chain efficiency.

The Hidden Liabilities In Maritime Acquisitions

What Buyers, Sellers and Investors Often Miss During Due DiligenceBy Sabrina Brigance, CMIP, Managing Director, Marine Practice, Hylant Maritime mergers and acquisitions can create significant opportunities for growth. Private equity...

France Extends Maritime Patrol Plane’s Stay in Black Sea After Cargo Ship Attacks

A French maritime patrol aircraft deployed to Romania to bolster surveillance after a series of deadly strikes on merchant ships in the Black Sea on the edge of NATO's eastern flank will extend its stay by several weeks, its commander said on Thursday.

KTZ Express ships cargo from Kazakhstan to Mexico via Azerbaijan using TITR

Uzbekistan's TMK urges wider use of Trans-Caspian route for mineral exports

Uzbekistan Plans to Upgrade Olot Border Crossing with Turkmenistan

Uzbekistan is considering upgrading the Olot border crossing with Turkmenistan, including a new bridge and changes to freight transport procedures.

Logitech launches supply chain decarbonization program

The computer peripheral manufacturer’s Chain Reaction initiative will start with 17 suppliers pooling purchasing power to collectively buy renewable electricity.

Cristiano Ronaldo to Retire from Portugal National Team After November Matches

Cristiano Ronaldo has announced that November’s matches will be his last for Portugal, ending a 23-year international career with 234 appearances and 146 goals.

Uzbekistan Seizes Jewellery Worth Over 1 Billion Soums at Tashkent Airport

Customs officers at Tashkent International Airport uncovered attempts to smuggle undeclared jewellery weighing around 691 grams and valued at over 1 billion soums.

Iran Reports More Tanker Fires in Strait of Hormuz

Two oil tankers and a tugboat caught fire in the Strait of Hormuz, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Thursday, as Iran continues to report a growing number of incidents with vessels trying to transit the Strait on routes unauthorized by the Islamic Republic. One of the oil tankers hit a naval min…

Uzbekistan Seizes 613 Nicotine Pouches in Tashkent Region

Uzbek customs officers found 613 nicotine pouches concealed beneath confectionery products in a Damas vehicle. Their estimated value is 65 million soums.

Bucharest to host Caspian-Black Sea green energy corridor talks

Maersk Slides as Upgraded Guidance Is Lower Than Anticipated

AP Moller-Maersk A/S shares slumped after a guidance upgrade and third-quarter earnings from the world’s second-largest shipping line fell short of analyst estimates.

Uzbekistan, China's Tianjin discuss railway-linked business cooperation

EU Survey Reveals Massive Support for Renewable Energy Transition

A majority of European Union citizens are in favor of an accelerated transition away from oil and gas and into alternative energy sources and transport electrification, a survey conducted by the European Investment Bank has shown, as reported by Reuters, which got an exclusive look at the survey. According to the surv…

Uzbekistan Airways and SQB Prepare for IPOs in 2027–2028

Uzbekistan plans to list shares in five companies, including Uzbekistan Airways and SQB, from the National Investment Fund’s portfolio in 2027–2028.

UN urges environmental safeguards in Caspian transport planning (Exclusive)

Propspeed Joins RightShip’s Zero Harm Innovation Partners Program to Support More Efficient and Sustainable Vessel Operations

Improving vessel energy efficiency is an important part of the maritime industry’s efforts to reduce fuel consumption and greenhouse gas emissions. While hull performance often receives significant attention, the condition...

Coast Guard Looks to Commercial Icebreakers to Keep Northeast Ports Open This Winter

The U.S. Coast Guard is exploring the use of commercial icebreaking vessels to help keep Northeast ports and waterways open this winter, as the service prepares for another season of...