Russian President Vladimir Putin warmly welcomed the leaders of the countries belonging to the Commonwealth of Independent States (CIS) ahead of the unofficial summit in St. Petersburg, Russia.
The members of the CIS expressed their support for further expanding the use of national currencies for intra-block trade. According to Putin, transitioning to using national currencies in common account settlements would ensure the economic and financial sovereignty of member countries.
The Prime Minister of Armenia and the President of Azerbaijan are expected to meet on the sidelines of the St. Petersburg summit for the first time since Azerbaijan regained control of the Nagorno-Karabakh territory.
The Government of the Russian Federation by Order No 377 of February 19, 2024 has introduced amendments into the description of the borders of the port of Taman, the press office of Rosmorport reports.
The amendments add four land plots to the territory of the port, where an ammonia and mineral fertilizers terminal with an annual capacity of 5 mn tons is being built. The terminal will include warehouses for ammonia and carbamide, ammonia pipelines, berths, approaching roads and rails, and other infrastructure.
FESCO Transport Group has launched regular container shipments of LCL cargo from Vietnam to Russia via Vladivostok utilizing its Vietnam Direct Line (FVDL) service.
The Port Captain established the Fort Carroll Temporary Alternate Channel on the northeast side of the main channel near the Francis Scott Key Bridge to provide limited access for essential vessels.
This additional channel increases the types of vessels able to transit inbound and outbound the port of Baltimore, estimated facilitating approximately 15% of pre-collapse commercial activity.
Added: No vessel or person will be permitted to enter the safety zone without obtaining permission from the COTP or a designated representative
From April 22nd to 26th, a delegation from NVIDIA Corporation (USA), led by Mr. Keith Strier, Vice President of NVIDIA, will visit Vietnam to survey locations in three cities: Hanoi, Da Nang, and Ho Chi Minh City.
The purpose of the visit is to assess and work with local entities and authorities in preparation for:
This delegation's visit to survey locations in Vietnam is the next step in NVIDIA's commitment, as stated by NVIDIA CEO Jensen Huang during a meeting with Prime Minister Pham Minh Chinh at the end of 2023.
With the launch of forwarder handling Swissport is expanding its service offering in the German cargo market. Effective 15 January 2024, Swissport has become JAS's sole cargo handling agent for Frankfurt Airport (FRA). The two partners have worked on a coordinated implementation to facilitate a smooth transition.
Swissport has invested heavily into optimizing its cargo service portfolio. The expansion into forwarder handling is in line with the company’s holistic approach of serving the entire logistics community beyond airlines.
Scandinavian Airlines (SAS) has awarded a cargo handling contract to Worldwide Flight Services (WFS) at a fourth major airport gateway in North America.
The new three-year agreement will have WFS managing cargo on SAS flights to and from Boston. The airline now offers daily Airbus A350 flights between the New England city and the Danish capital, Copenhagen.
WFS expects to handle over 8 million kilograms of cargo a year on SAS’s Boston operations, including high volumes of perishables.
Boston now joins Los Angeles, New York JFK, and San Francisco as airports in the U.S. where WFS and SAS have partnered together.
Rail Baltica aims to connect the Baltic States with the rest of Europe through a fully electrified rail line, improving the region's economic, environmental and security position.
Currently, more than 100 kilometres of Rail Baltica's main line are scheduled to be built across the Baltics by 2024. With €4.7 billion in supplier contracts already signed, the project promises significant geostrategic, military and environmental benefits.
The economic benefits of the project are estimated at between EUR 16.5 and 22.5 billion, underlining its potential to transform transport corridors throughout the region.
The Shuozhou-Huanghua railway is known as China's second-largest coal transport route and plays a pivotal role in fueling the country's energy sector.
China advanced its rail transport capabilities on Saturday 20 April when a new record-breaking freight train completed a test run on the Shuozhou-Huanghua Railway. The train, consisting of 324 carriages and hauled by four electric locomotives, achieved an unprecedented total length of 4,088 meters and carried a load of 32,400 tonnes, making it the heaviest and longest freight train in the country's history.
The successful deployment of this colossal freight train not only breaks previous records but also marks a significant advancement in China's freight rail system. The increased load capacity and extended train length demonstrate significant improvements in logistical efficiency and capacity, which are essential to meet the high demands of transporting coal over long distances in the country.
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