Read the latest news from regional and global sources, presenting different voices and perspectives.
Al Seer Marine, B International Logistics launch new shipping JV
Trade Arabia
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Al Seer Marine, a global maritime organization headquartered in Abu Dhabi, said it has partnered with B International Shipping & Logistics, an affiliate of top Geneva-based energy trader BGN, to launch a joint venture 'ASBI Shipping FZCO.' This...
Six-in-ten UK retailers remain upbeat about international ecommerce
ChannelX
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June 2, 2025
Asendia’s latest research, Beyond Borders: Cross-border e-commerce opportunities in a fast-changing world reveals that the majority of British-based retailers are refusing to retreat from international growth, despite a climate of geopolitical...
Sisi urges enhancing Egypt’s position as regional hub for foreign investment
Egypt Independent
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June 2, 2025
President Abdel Fattah al-Sisi on Sunday, June 1st, 2025, emphasized the importance of continuing efforts to improve the investment climate and to bolster Egypt’s position as a regional hub for attracting foreign direct investment in line with...
China’s Rept Battero, Korea’s Hyosung Heavy Industries sign 2.5GWh energy storage supply agreement
Energy Storage News
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June 2, 2025
An MoU typically is not binding and indicates that contracts will be signed pending further discussion. Rept said that under a global framework deal the two companies have in mind, it would supply 2.5GWh of battery cells, modules and containerised...
Tanzanian port signs up 2 global metal giants
Zambia Daily Mail
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JACK ZIMBA Lusaka IN ITS quest to boost intra-Africa trade, and to create strong trade corridors within the continent, DP World has signed a deal with two global metal giants – China Metal Storage and Transport Company (CMST) and Henry Bath & Sons...
Solvang and BlackRock’s GIP form liquefied gas shipping firm
Splash 247
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June 2, 2025
Norwegian gas shipowner Solvang and BlackRock’s Global Infrastructure Partners (GIP) have established a liquefied gas shipping joint venture. The new 50:50 joint venture will be named Solvang Gas Carriers. It will initially own Solvang’s fleet of...
Electric & Hybrid Aircraft Propulsion System Market Global Forecast To 2030 Analyzing Regional Dynamics And Policy Shifts In Aircraft Propulsion Systems Market
MENAFN
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June 2, 2025
(MENAFN- GlobeNewsWire - Nasdaq) Significant market opportunities in the electric and hybrid aircraft propulsion sector include advancements in battery energy density, public and regulatory pressure for sustainability, and rising demand for urban...
Entrepreneur assists SA’s young business owners in accessing international markets
The Citizen (South Africa)
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June 2, 2025
The countries that Motau and her team help entrepreneurs to access markets include Argentina and Australia. Entrepreneur Itumeleng Motau is on a mission to assist South Africa’s young business owners in accessing international markets. Motau,...
OEG Inks Logistics Equipment Supply Deal with Oil Major
Rigzone
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June 2, 2025
Energy solutions provider OEG Energy Group has secured a three-year deal to supply logistics equipment for an international oil major’s North American operations. OEG said in a media release the agreement includes optional extensions for up to...
More businesses look to Singapore for smooth flow of goods amid tariff volatility, say logistics firms
Channel News Asia
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June 2, 2025
SEA FLOWS Shipping company Maersk has reported higher volumes handled in the region, and it expects the trend to continue into the second quarter with front-loading activity picking up. Mr Bhavan Vempati, Maersk’s head of Asia Market, Ocean...
John Fredriksen takes aim at Norwegian government’s perceived lack of interest in shipping
Splash 247
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June 2, 2025
With the 60th anniversary of Nor-Shipping now underway, Norway’s most famous shipowner has used the occasion to voice his displeasure at what he sees as Oslo’s lack of interest in shipping. Norwegian-born shipping magnate John Fredriksen has...
Palatine invests in tech logistics firm fulfilmentcrowd and its global expansion plans
BusinessLive
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June 2, 2025
Private equity group Palatine has taken a majority stake in logistics tech business fulfilmentcrowd as it looks to continue its growth at home and abroad. The move means a partial exit for BGF, which invested in Chorley-based fulfilmentcrowd in...
Shipping Faces Biofuel Shortage as Demand Outpaces Supply: Rystad Energy
Ship & Bunker
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June 2, 2025
Rystad Energy says biofuels production capacity is falling short, creating a supply gap that could slow the transition. File Image / Pixabay With pressure mounting to reduce emissions, the shipping industry is turning to marine biofuels and...
GLOBAL: Indian terminal operator AVTL completes IPO
Bunkerspot
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June 2, 2025
Details Written by Ian Taylor Published: 02 June 2025 Vopak has announced that AVTL, its joint venture of Aegis Logistics that owns and operators tank storage terminals in India, has completed its Initial Public Offering (IPO). Login to Read more
Overcoming material challenges in thermal energy storage tanks
Power Engineering International
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June 2, 2025
Concentrated solar power (CSP) plants employing thermal energy storage (TES) systems face considerable materials-related challenges when operating at high temperatures. One such challenge is stress relaxation cracking (SRC) in 347H austenitic...
Four myths about AI in transportation and logistics
Transportation & Logistics International
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June 2, 2025
From cost savings to stronger partnerships, Bernhard Schmaldienst, Senior Director Transport Execution and Visibility Products, Transporeon, makes the case for AI as a powerful tool to boost efficiency and empower logistics teams. AI’s...
Call for applicants to Spain’s €700m large-scale energy storage program
ESS News
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June 2, 2025
Friday saw the publication of a call for applications for energy storage projects hoping to receive support from a €700 million ($794 million) EU-funded program in Spain. Successful applicants will receive up to 85% of their civil works, storage...
Pakistan’s Kharif Sowing In Peril As India Tightens Chenab Flow Post-Pahalgam Attack; Dam Storage At Crisis Levels
Free Press Journal
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June 2, 2025
Pakistan’s Kharif Sowing In Peril As India Tightens Chenab Flow Post-Pahalgam Attack; Dam Storage At Crisis Levels | X/@ANI Islamabad: Pakistan could be staring at an agricultural crisis this summer as water scarcity intensifies due to plummeting...
Marubeni to Buy into World's Leading Open-Hatch Shipping Firm
Nippon
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June 2, 2025
Newsfrom Japan Economy Jun 2, 2025 17:45 (JST) Tokyo, June 2 (Jiji Press)--Major Japanese trader Marubeni Corp. said Monday that it will invest in Gearbulk Holding AG, the world's biggest open-hatch shipping operator based in Switzerland. Marubeni...
Trump administration cancels grant for National Cement Kern County plant
Global Cement
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US: The Trump administration has cancelled a US$500m grant awarded in December 2024 to National Cement in California for the conversion of its Lebec cement plant into the state’s first net-zero cement facility. The project, valued at US$891m,...