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Trump-Backed Trade Corridor Advances Despite Geopolitical Resistance
Armenian officials have commenced design work for the TRIPP trade corridor, even though an operating agreement with the United States remains to be finalized. US and Armenian officials announced in January a preliminary agreement outlining the establishment of an entity, TRIPP Development, that would manage the corrid…
LA Port Strike Threat Deferred Again As Labor Talks Drag On
By Laura Curtis Nov 7, 2026 (Bloomberg) –The union representing about 250 security workers at the US’s busiest ports agreed to continue negotiations on a new labor contract for two more...
Soaring Freight Rates Give US Refiners Edge As Crude Discounts Widen
By Vallari Srivastava and Sumit Saha Nov 6 (Reuters) – The Iran conflict has sent tanker rates soaring, forcing sellers to deepen discounts on heavy crude grades and giving US Gulf Coast...
Armenia and Kazakhstan Explore New Logistics Routes to Boost Trade
Armenia and Kazakhstan have discussed expanding transport and logistics routes, strengthening trade ties and exploring new opportunities for cooperation, including the development of the Middle Corridor.
Oil Traders Want U.S. to Release Sanctioned Tankers as Freight Costs Soar
Some of the world's biggest oil traders are asking Washington for permission to put sanctioned tankers back to work, as a global vessel shortage pushes oil transportation costs to extraordinary levels. Trafigura, Vitol, Mercuria and Abu Dhabi National Oil Co. are negotiating with U.S. officials for licenses to purchas…
KazMunayGas, Transneft Seek to Expand Oil Transit Cooperation
Chief Executive Officer of Kazakhstan's national oil and gas company KazMunayGas (KMG), Askhat Khasenov, met with Nikolay Tokarev, President of Russian oil pipeline operator Transneft, in Moscow to discuss cooperation in oil transportation and transit, the KMG press service said.
Azerbaijan, UN Discuss Middle Corridor, Regional Connectivity
Azerbaijan’s Foreign Minister Jeyhun Bayramov met with UN Under-Secretary-General for Economic and Social Affairs Li Junhua in Baku on November 6.
Adani Ports Makes Major Push Into Europe With $2.9 Billion Evos Acquisition
India’s Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire Netherlands-based liquid storage operator Evos B.V. in a €2.56 billion ($2.88 billion) deal that will give the company...
Russian LNG Exports to China Surge More Than Twofold
Russian liquefied natural gas (LNG) exports to China have more than doubled since 2021, rising from 4.5 million to 9.8 million metric tons, according to an analytical report by the PORA Expert Center, The Caspian Post reports, citing TASS.
EU Lawmakers Push Back Against Approval of Indian Ship Recycling Yards
A European Parliament committee has voted to oppose the approval of two Indian ship recycling yards, dealing a setback to shipping industry efforts to expand access to South Asia’s shipbreaking...
China Adopts Law on Antarctic Activities and Environmental Protection
Beijing has approved a law to improve China's Antarctic research and strengthen regulation of its exploration activities, the official Xinhua news agency reported on Friday.
PKP Cargo eyes further layoffs as unions demand sign-off on pay deal
Polish freight operator PKP Cargo is apparently planning another round of collective layoffs before the end of the year, along with changes to how its staff are paid, according to Polish rail media. Responding to the reports, PKP Cargo told the Polish Press Agency that restructuring administrator Paweł Głodek is analy…
Hapag-Lloyd Acquires 25% Stake in Maersk’s Maasvlakte II Terminal in Rotterdam
German container shipping giant Hapag-Lloyd has completed its acquisition of a 25% stake in APM Terminals Maasvlakte II in Rotterdam, strengthening its ties with Maersk at one of Europe’s most...
Ukraine Proposes New Logistics Route Linking Azerbaijan to Europe
Strong transport links between the Black Sea and the Caspian Sea could create new opportunities for trade and energy supplies, with Ukraine proposing the development of logistics routes connecting Azerbaijan to European markets.
Russia and Iran Sign New Deal to Advance 162-Km Railway Project
Russia and Iran have signed key documents granting access to land plots along the planned route of the Rasht-Astara railway line, paving the way for further engineering work on the strategic transport project.
Scottish campaigners include freight opportunities
Lobby groups in the north and south of Scotland have emphasised how freight can play a new role in railway development. Campaigns in the North East and the Scottish Borders have both put their cases to the government and to stakeholders at large. The North East lobby group was at the Scottish Parliament last week, whi…
Russian Railways Offers 40.4% Discount on Exports Through Azerbaijan
Russian Railways (RZD) has introduced a 40.4% discount on export rail shipments of selected timber industry products through border crossings with Azerbaijan, Belarus and Kazakhstan.
Finland Sees Continued Demand for Icebreakers Despite Warming Winters, Citing Security Concerns
Finland expects to operate at least as many icebreakers in the coming decades as it does today, despite rising temperatures and declining average ice coverage in the Baltic Sea. This is the conclusion of a new government-commissioned report that also highlights growing security requirements and changes in the commerci…
Iran Oil Exports Near Zero But Peace Deal Not Likely, FGE Says
Iranian oil exports have dwindled to almost nothing under the US naval blockade, but the chance of an imminent deal between the two sides to end the war is low, according to FGE NexantECA.
Medway goes solo on Le Havre–Nantes trains as French map grows
Medway France is now running MSC’s container trains between the ports of Le Havre and Montoir-de-Bretagne on its own, after more than three months working on the flow alongside Europorte. It is the company’s third regular flow in France, less than a year after it entered the market. MSC’s rail freight arm started the …
India’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks Persist
Hindustan Petroleum Corporation Limited (HPCL), a major Indian state-owned refiner, is struggling to hire tankers to transit the Strait of Hormuz and pick up cargoes in the Gulf, chairman Vikas Kaushal has told Bloomberg. Despite the recovery of crude oil flows from the Gulf via Hormuz to nearly pre-war levels, buyers…
KTZ Express ships Kazakh polymers to Mexico via the Middle Corridor
KTZ Express, the freight forwarding subsidiary of Kazakh Railways (KTZ) has organised a container shipment from Kazakhstan to the Mexican Port of Veracruz. KTZ is reaching ever-more destinations across the world “beyond traditional sales markets”. KTZ Express presented the shipment as part of an effort to expand the g…
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…
ČD Cargo refutes claims ‘rail can’t compete with road’ for smaller shippers
ČD Cargo has rejected the “simplistic conclusion that rail cannot compete with road”, after shippers interviewed on primetime Czech television said they had switched to trucks on cost and speed. Rail, the operator says, “can offer a competitive solution in terms of price, transport capacity and reliability”, for both …