Transportation Markets / Transportation

Volvo halts Iran truck assembly due to U.S. sanctions

Volvo halts Iran truck assembly due to U.S. sanctions

Published 24/09/2018

STOCKHOLM (Reuters) - Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because U.S. sanctions are preventing it from being paid, a spokesman for [more…]

Malaysia, Singapore to sign agreement to defer rail deal: source

Malaysia, Singapore to sign agreement to defer rail deal: source

Published 05/09/2018

KUALA LUMPUR (Reuters) - Malaysia will sign an agreement with Singapore on Wednesday to defer a planned high-speed rail link between the two countries, a [more…]

Migrants rescued by Danish cargo ship land in Sicily

Migrants rescued by Danish cargo ship land in Sicily

Published 26/06/2018

ROME (Reuters) - More than 100 rescued migrants from private cargo ship Alexander Maersk, picked up off the coast of southern Italy on Friday, arrived [more…]

Shipping’s financiers turning the tide on shipbreaking practices

Shipping’s financiers turning the tide on shipbreaking practices

Published 15/05/2018

LONDON (Reuters) - The shipping industry has long been criticized by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting [more…]

Exclusive: Conoco moves to take over Venezuelan PDVSA’s Caribbean…

Exclusive: Conoco moves to take over Venezuelan PDVSA’s Caribbean…

Published 07/05/2018

HOUSTON/CARACAS (Reuters) - U.S. oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award over [more…]

French government urges Air France to pursue reforms as strikes bite

French government urges Air France to pursue reforms as strikes bite

Published 06/05/2018

PARIS (Reuters) - The French finance minister on Sunday raised the pressure on Air France managers and unions to resolve a stand-off over wages, saying [more…]

Greek gunboat on patrol nudged by Turkish cargo vessel: Navy

Greek gunboat on patrol nudged by Turkish cargo vessel: Navy

Published 04/05/2018

ATHENS (Reuters) - A Greek gunboat was nudged by a Turkish cargo vessel early on Friday while on patrol for unauthorized migrant crossings in the [more…]

China’s first home-built carrier looks set to start sea trials

China’s first home-built carrier looks set to start sea trials

Published 23/04/2018

BEIJING (Reuters) - China first domestically developed aircraft carrier looks set to begin sea trials after pictures appeared on the Chinese internet on Monday of [more…]

Rails, truckers have gotten cheap but trade wars a risk

Rails, truckers have gotten cheap but trade wars a risk

Published 23/04/2018

NEW YORK (Reuters) - Many U.S. stocks cheapened up during the first quarter’s choppy trading scene, relieving some concern investors had about lofty valuations. But [more…]

Indian Railways says deaths, injuries from accidents fall amid…

Indian Railways says deaths, injuries from accidents fall amid…

Published 10/04/2018

NEW DELHI (Reuters) - Deaths and injuries from train collisions or derailment in India more than halved to 254 people last fiscal year from a [more…]