Port

China

China Resumes Brazilian Soy Imports From 5 Suspended Firms

China, the world’s largest soybean buyer, has reinstated imports from five Brazilian companies previously halted due to phytosanitary issues, according to…

Metal

Barrick Mining Reports 61% Increase in Net Earnings in Q1 2025

Barrick Mining reported a 61% year-on-year increase in net earnings, reaching $474 million in the first quarter of 2025, up from $295 million the previous year,…

United Kingdom

UK Edges Closer to Gigabit Broadband Target as Ofcom Reports Coverage Milestone

The United Kingdom is advancing toward its goal of widespread gigabit broadband access, with Ofcom’s latest Connected Nations Spring update, released on M…

China

Jiangsu Ocean Shipping Orders Boxship Quartet

Jiangsu Ocean Shipping (JOSCO), a subsidiary of Jiangsu Port Group, has signed a contract with Jiangsu Soho Chuangke Shipbuilding in Yangzhou to construct four …

Electric Vehicles

Toyota Is ‘Reviewing’ Its Plans to Sell 1.5 Million EVs Next Year — Again

Toyota, the Japanese automaker, is reassessing its target of selling 1.5 million electric vehicles (EVs) annually by 2026 due to anticipated challenges from new…

LNG

Canada’s Multi-Billion LNG Project Seeks Permit for New Floatel to Create 900 More Jobs

Woodfibre Management, a Vancouver-based Canadian company, is preparing to seek regulatory approval for a second floating workforce accommodation unit, or floate…

China

China’s Hengqin Port Reports 10-Millionth Passenger of This Year in Record Time

On May 7, 2025, Hengqin Port in Guangdong Province, South China, recorded its 10-millionth traveler of the year, a 32 percent increase compared to the same peri…

United States

This Port of LA Terminal Just Ditched All Propane Forklifts for Electric

SSA Marine has made a significant stride in clean energy at the Port of Los Angeles by transitioning its entire fleet of forklifts at Berth 55 to electric power…

Spain

Port of Barcelona Taps Powercon for First OPS System for Cruise Vessels

The Port of Barcelona has awarded Danish equipment provider PowerCon a contract worth €12.2 million (approximately $13.8 million) to construct its first on…

Brazil

Brazil Pork Prices Dip in April but Remain Higher Year-Over-Year

In Brazil, average prices for live pigs and pork meat decreased from March to April 2025, primarily due to reduced demand from the processing industry, accordin…

United States

US Soybean Exports up 11.2% Since Start of Season

As of May 1, 2025, U.S. soybean exports for the 2024/25 marketing year totaled 43.461 million metric tons, reflecting an 11.2% increase compared to the previous…

Geothermal Power Plant

Margün Enerji Acquires Seferihisar Geothermal Power Plant in Türkiye

Margün Enerji, a subsidiary of Naturel Holding, has expanded its renewable energy portfolio by acquiring the Seferihisar Geothermal Power Plant in Izmir, T…

Electric Vehicles

Chery Group Sees Monthly Vehicle Sales Rise 10.3% YoY in April 2025

In April 2025, Chery Group, a leading Chinese automaker, reported sales of 200,760 vehicles, a 10.3% increase from the previous year. Chery Automobile Co., Ltd.…

Australia

Victoria’s Suburban Rail Loop Construction Begins With TBM Launch Site

The Victorian Government in Australia has begun construction on the Suburban Rail Loop (SRL), with significant progress at a tunnel boring machine (TBM) launch …

Ukraine

Ukraine Plans to Lease Out the Black Sea Port of Chornomorsk

Ukraine has announced a 40-year concession plan for the Chornomorsk port on the Black Sea, presented by government officials at an investment forum in Warsaw, P…