The commercial aircraft manufacturer signed a memorandum of agreement with Iran Aseman Airlines for 30 Boeing 737 MAX airplanes valued at $3 billion, with deliveries slated to begin in early 2022.
U.S. exports up slightly in February
The Commerce Department said U.S. exports of goods and services in February reached a value of $192.9 billion, slightly more than January at $192.5 billion, and up from $180.7 billion in February 2016.
Damco launches digital freight forwarding start-up
Twill, a digital freight forwarding start-up that Damco is launching, will officially be open to new customers from April 10.
ANTONOV’s new aircraft takes maiden flight
The new multi-purpose, turboprop aircraft, the AN-132D, took off on its maiden flight March 31.
Port of Gdansk plans for future growth
The Polish port has plans to expand and boost capacity by adding more deep-water transshipment quays and establishing the Central Port, along with building a new roll-on/roll-off terminal in the Outer Port.
Ethiopia gains $150m from World Bank to improve logistics sector
The project will focus on improving Ethiopia’s Modjo Dry Port, which handles 95 percent of the landlocked country’s trade.
California considers raising gas tax to fund infrastructure investment
Gov. Edmund G. Brown Jr. and state lawmakers have introduced legislation that would raise $52.4 billion in investment funding for transportation infrastructure over the next 10 years through a series of gas and diesel tax hikes.
JNPT awards dredging project contract
The 250 million euro (U.S. $266.3 million) contract to deepen and widen the access channel towards Jawaharlal Nehru Port in Mumbai, India was awarded to Royal Boskalis Westminster N.V. and Jan De Nul.
SigmaRoc establishes new bulk shipping subsidiary
The subsidiary will support cement majors and sister subsidiary Ronez Limited in the British Isles and northern Europe.
Norway scuttles Eimskip’s acquisition of Nor Lines
The Norwegian Competition Authority has issued a decision blocking Icelandic ocean carrier Eimskip from purchasing asset-light shipping and logistics company Nor Lines due to a lack of sufficient competition in the transportation of frozen fish.