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A dispatch from FT Alphaville’s maritime correspondent
Vessel owned until recently by US private equity group Oaktree Capital is latest to be hit in Gulf of Aden
...Train companies negotiate with the union, but the industry’s finances are controlled by the Department for Transport (DfT)....
...That was followed by new safety guidelines in December for the use of autonomous vehicles in public transport....
Tehran has vowed to respond to a suspected Israeli air strike on its consular building in Damascus
...Despite falling more than 1 per cent on Monday after Israel said it had withdrawn its troops from Khan Younis in southern Gaza, easing fears that the conflict would escalate, Brent is up about 16 per cent...
...Israel moves some of its troops from southern Gaza to prepare for an operation in the city of Rafah, Google is considering charging for AI-powered search, and European defence companies are worried about...
...The FT in late 2020 was the first to report about a Southern District of New York decision in which Judge Kevin Castel ruled that Mohammed Ali Rashid, an Apollo private equity partner, breached his duties...
Head of London market says disaster may produce largest maritime claim in history
...Rare — but the US accounted for most of the 35 bridge collapses caused by a ship or barge between 1960 and 2015, according to a 2018 report from the World Association for Waterborne Transport Infrastructure...
Divers will return to the water in the morning in an effort to recover bodies, authorities say
Gang that seized bulk carrier in December forced to surrender after operation in Indian Ocean
...Vietnamese carmaker VinFast has agreed to build an electric vehicle plant in southern India’s Tamil Nadu state in an investment worth up to $2bn, marking its foray into the world’s third-largest car market...
...The revived plan comes as momentum grows for Malaysia to enhance its transport system and help make Johor a regional investment destination....
Carmakers and insurers braced for fallout after bridge collapse shuts critical US trade hub
...rerouted away from the Suez Canal towards the longer route around the Cape of Good Hope since Yemen’s Iranian-backed Houthi militants last month stepped up attacks on vessels transiting the Gulf of Aden and southern...
...“The Rafale is an important milestone, but not the whole story,” the official said, adding that the Balkan country had also bought French radar and missile systems and placed orders for Airbus transport...
Decision a blow just months after regulators cleared the way for robotaxis to operate in San Francisco
...Some logistics companies offer a “southern route” that avoids Russia, going via Kazakhstan, Azerbaijan and Turkey....
...In 2023, transport backlogs pushed South Africa’s coal exports down to 50mn tonnes, their lowest since 1993. As with Eskom, the worst may be over....
...The Red Sea is a key route for sending internet traffic between the Middle East, Africa, Asia and Europe via undersea cables, which transport 99 per cent of intercontinental data....
...“They are on the 20-yard line to our homeland,” General Laura Richardson, commander of US Southern Command, said in August....
...China still remains by far the “stronger producer across all industries”, and its production and transport infrastructure is unmatched compared with those in most south-east Asian countries, said Andrea...
...Last week, Air China forecast a net loss of up to Rmb1.3bn for 2023, while China Southern Airlines said it expected to lose as much as Rmb4.7bn in the same period....
...Transport secretary Mark Harper agreed a contract extension of up to nine years in September 2023....
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