Markets News

Shares in British construction giants rose today after Prime Minister Boris Johnson opted to press ahead with the controversial HS2 rail project. The PM had been under pressure from some in his party to scrap the project after its estimated cost rose to £106bn. But today he gave the infrastructure scheme the green light, telling the Commons: “You know this country is being held back by our inadequate infrastructure.

The Coronavirus outbreak and lock downs imposed by the Chinese government are starting to impact supply chains in sectors including pharmaceuticals, automotive and telecommunications. Many companies that rely on their products being manufactured from facilities in Wuhan, China, are considering alternative suppliers, as facilities in the region face potential production delays and difficulties shipping goods out to other regions

Almost a third of businesses admit delaying innovation projects due to political uncertainty, new Schneider Electric research reveals.

Residential street ChargePoint funding doubled to ensure postcode plays no part in having access to an electric car.

Consumer goods giant Unilevers underlying sales growth came in slightly below guidance in 2019, its results showed today, with the firm citing challenging developed markets.

On January 5, 2020, the first container train from the Middle Kingdom to Poland reached the Silesian station of Sławków. It had traveled nearly 9.5 thousand kilometers over 12 days from the Chinese city of Xi'an.

Car making giants Hyundai and Kia will today reveal a €100m (£85.6m) in London-headquartered electric vehicle firm Arrival.

Meet the Southern Austrian consulting company specialising in statistical modelling techniques to shore up the resilience of transport infrastructure.

The European Bank for Reconstruction and Development (EBRD) has provided a €7m loan for development of low-emission buses in Serbia.

For the past 25 years, the European Transport Safety Council has advocated for improving transport safety in Europe – and it doesn’t stop there.

Very-Low Sulphur Fuel Oil (VLSFO) prices have risen to USD 710 per metric tonne in Singapore on 2 January 2020, a price increase of 30%, when compared to 2 December 2019. The newly implemented IMO2020 Sulphur Cap marks a milestone for the industry and is likely to affect profitability for many shipowners and operators.

The UK’s Foreign and Commonwealth Office (FCO) has announced it will implement wide-ranging sustainability measures within its diplomatic corps.

UK ports are playing a key role in the country’s energy sector, and this role is evolving as green energy becomes more essential to the economy.

The government of Iceland has announced a regulation which will effectively ban the use of heavy fuel oil in the country’s shipping sector.

Jamaica has confirmed its position at the heart of international maritime legislature after being re-elected to Category C of the Council of the International Maritime Organization (IMO).

Climate change and the environmental impact of human activity present clear challenges for humanity

The 2019 Fuel Cells and Hydrogen Joint Undertaking (FCH JU) Stakeholder Forum explored the need to scale up adoption of hydrogen for the EU’s energy transition.

Time-critical and Go-Now charter experts CharterSync put its platform to the test when a freight forwarder wanted a 50-tonne shipment moved from Ostend to North Carolina at short notice. The machinery at 458 cubic metres needed specialist handling loading and transportation. The complexities of the shipment required multiple cranes and an available Antonov-124, one of the few cargo planes available to handle a load of this magnitude.

The Port of Tyne, one of the UK’s major deep-sea ports based in North East England has been shortlisted in the IBJ Awards.