Iran war crisis presents ‘opportunity’ for Australia’s LNG exporters
Commodities Woodside, Santos shares surge as industry chiefs call for capacity growth Australian LNG tanker Northwest Sandpiper is anchored in Yokohama, near Tokyo, in April 2022. © AP SHAUN TURTON and SOPHIE MAK CANBERRA/SYDNEY — The U.S.-Israel war with Iran is an opportunity for Australia to boost its share of the global liquefied natural gas (LNG) […]
Norden enters ice-class segment with long-term contract and vessel order
Danish shipping company Norden has begun expanding into the ice-class segment through a long-term contract of affreightment (COA) with Swedish mining company LKAB and the order of two new vessels. Rectangular Intermediate Banner (320×50) – Position 50 The COA will have a duration of up to 10 years and will cover the transport of bentonite […]
New initiative to convert used ships into floating data centres
Japanese shipping company Mitsui OSK Lines (MOL), Hitachi, and Hitachi Systems have entered into a memorandum of understanding (MOU) for the development, operation, and commercialisation of a floating data centre (FDC) converted from a second-hand vessel. Rectangular Intermediate Banner (320×50) – Position 50 Based on this MOU, the companies will conduct demand verification, review basic […]
Indonesia to ration subsidized fuel to mitigate energy crisis impact
Energy Daily quotas to be introduced on Wednesday; other curbs under consideration Motorcyclists queue to fill up at a gas station run by Indonesian state oil company Pertamina in Sukoharjo, Central Java. © Getty Images ISMI DAMAYANTI and REZHA HADYAN JAKARTA — The Indonesian government has announced the rationing of subsidized fuel through daily purchase quotas in a […]
India boosts regional ties with energy aid for Sri Lanka, Bangladesh
Iran was Despite challenges at home, New Delhi maintains ‘Neighborhood First’ policy Narendra Modi and Sri Lankan President Anura Kumara Dissanayake shake hands in New Delhi on Dec. 16, 2024. Dissanayake says he is “grateful” to Modi for India’s swift support amid the ongoing energy crisis. NEW DELHI — India has stepped up efforts to maintain regional energy security […]
Chinese telecom capex to dip to 15-year low, hitting ZTE
Telecommunication 5G investment swiftly dwindles; dividend payments grow despite weak performance A pedestrian uses a cellphone in Beijing’s central business district during morning rush hour. A rush of investment in the country’s 5G wireless infrastructure has run its course. © Reuters TOKYO — China’s state-owned telecom operators’ capital expenditure is set to shrink to a 15-year low […]
Union warns parliamentarians about risks of precarious port labor
Syndestive Disclosure A commission of port workers, together with Sindestiva – Sindicato dos Estivadores de Santos, São Vicente, Guarujá and Cubatão, formed following deliberation at the category’s Assembly, was in Brasília last week to present concerns related to the future of work in the sector. The agenda included a meeting in the deputy’s office Daniela […]
Brazil and Bolivia expand air agreement and release number of flights between the countries
Disclosure Brazil and Bolivia took an important step to strengthen air connectivity and commercial relations between the two countries. This Monday (30), a Memorandum of Understanding was signed in São Paulo that modernizes the bilateral air services agreement. From now on, companies will be able to freely define the number of passenger and cargo flights, […]
Iran wants to charge tolls on ships crossing Hormuz.
Iran’s parliament is preparing a proposal to charge a fee to ships crossing the Strait of Hormuz, as Tehran seeks to tighten control over one of the world’s most sensitive sea passages. Rectangular Intermediate Banner (320×50) – Position 50 The initiative comes in a context of strong regional tension and once again presses a decisive […]
Southeast region has the highest air passenger movement in February since 2000
Civil aviation in Southeast Brazil reached a historic milestone in February this year, 4,902,827 passengers boarded at the region’s airports. The number represents the best performance for the second month of the year in the entire historical series, started in 2000 by the National Civil Aviation Agency (Anac), and exceeds by 6.8% the movement recorded […]