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DHL eCommerce and CTT – Correios de Portugal have received unconditional approval from the European Commission for their planned joint venture, clearing a major regulatory hurdle and moving the deal closer to completion, the companies said.
The approval under the EU Merger Regulation satisfies the primary external condition required for the transaction. The companies still need clearance under the EU Foreign Subsidies Regulation and completion of remaining procedural steps, with closing ...
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Shipping fuel strategies are increasingly being driven by short-term commercial pressures rather than long-term decarbonization goals, as energy market volatility reshapes fleet planning, said BAR Technology
The company cited infrastructure disruptions, geopolitical risks and uncertainty across key shipping corridors as exposing the limits of single-fuel strategies, ...
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TotalEnergies will exit U.S. offshore wind, relinquishing two federal leases and redirecting capital to natural gas and power projects, after reaching a settlement with the U.S. Department of the Interior that includes roughly US$1 billion in reimbursed lease fees.
The company said it will return the ...
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ANALYSIS – The Trump administration is reshaping U.S. energy and foreign policy around oil supply and price stability, taking aggressive steps in Venezuela and Iran as global markets reel from oil-driven disruptions.
In recent days, the administration has moved to ease restrictions on both Venezuelan and ...
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Blank sailings are surging across major trade lanes, underscoring how schedule volatility is reshaping operational planning for ports and inland operators.
Data from maritime consultancy Drewry show a 122 percent month-over-month increase in blank sailings on key east-west routes in February, effectively doubling withdrawn capacity compared ...
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Several major container shipping lines reported sharply lower earnings for 2025 as the industry continued to cool from the record profits generated during the pandemic-era freight boom.
Taiwan-based carrier Evergreen Marine Corp. said net profit attributable to shareholders fell 50.8 percent to about US$2.13 billion, on ...
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The U.S. Department of Justice, acting on behalf of the National Highway Traffic Safety Administration, has filed a lawsuit challenging California regulations that the federal government says effectively require automakers to meet state-specific electric vehicle and fuel economy standards.
The lawsuit, filed in the U.S. District ...
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Container shipping disruptions linked to tensions around the Strait of Hormuz are testing whether Gulf states can reroute cargo through alternative ports and inland corridors, but structural constraints limit short-term options, according to Drewry Maritime Research.
The chokepoint handles a relatively small share of global container ...
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Port Freeport has completed a series of infrastructure projects totaling nearly US$30 million aimed at supporting the expansion of the Velasco Container Terminal and improving freight access at the Texas Gulf Coast port.
Port officials, state transportation representatives and local leaders marked the milestone with ribbon-cutting ...
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Yang Ming Marine Transport Corp. is moving ahead with a fleet renewal program that underscores the dual pressures of decarbonization and network optimization in the container shipping sector.
The carrier said it has approved plans to order six 13,000-TEU LNG dual-fuel containerships, with procurement to proceed ...
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