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Think Tank
Logistics: Page 181
Cargobot Announces European Expansion Plan
Cargobot said that it will first launch its operations in Spain before expanding to multiple other countries in the EU.
Commercial Suez Canal Traffic Down Almost 60% Since Houthi Attacks Began
Since the Houthi attacks began, an estimated 181 vessels have been rerouted around Africa, while another 26 ships are opting to drift
U.S.-Led Military Coalition Issues Final Warning to Houthis
Some potential targets of the coalition's attacks could include launchers for anti-ship missiles and drones, as well as storage facilities for ammunition.
BP, Equinor Tear Up Contract for Big New York Offshore Wind Project
BP and Equinor were among a group of developers that were rebuffed in October after asking state regulators for higher rates to deliver power from offshore wind farms.
Vietnamese EV Maker Planning Battery Plant in India
VinFast said in October 2023it would build assembly factories in India and Indonesia that each have an annual capacity of up to 50,000 cars and a capital expenditure of up to $200 million at first.
Russian LNG Producer Begins Arctic Operations Despite U.S. Sanctions
The first shipments from the LNG project will be delivered during the first quarter of 2024, said Russian Deputy Prime Minister Alexander Novak.
Missouri Bans Foreign Adversaries from Buying Land Near Military Bases
The executive order prohibits companies and citizens from "threatening countries" from purchasing farms or other types of land within ten miles of staffed military sites in Missouri.
U.S. Passes China as South Korea’s Top Export Market
South Korea sold $11.3 billion of goods to the U.S. in December 2023, beating out China by roughly $400 million.
India Truckers Strike Threatens Food, Fuel, Goods Supplies
The truckers launched the strike January 1 in protest against the newly enacted criminal law which extends the jail term for hit-and-run cases to a maximum of 10 years.
Maersk Again Pauses Red Sea Operations After Houthi Attack
The company said that its vessel, the Maersk Hangzhou, was targeted by Houthis in attack boats December 31.
Chinese Luxshare Buys iPhone Assembly Plant from Taiwanese Pegatron
The world’s second-largest iPhone manufacturer will pay $300 million to Pegatron to acquire a 62.5% stake in the company's Shanghai facility.
Loose Bolt Prompts 737 Max Inspections
Boeing has recommended that the checks, which take around two hours, should be made within the next two weeks.
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