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Vema Hydrogen and First Atlantic Nickel & Cobalt sign LOI to develop engineered mineral hydrogen at Pipestone XL Awaruite Project in Newfoundland
Vema Hydrogen has announced that it has entered into a non-binding Letter of Intent (LOI) with First Atlantic Nickel & Cobalt Corp, to jointly develop Engineered Mineral Hydrogen (EMH) at the Pipestone XL project, a 30 km ultramafic belt in central Newfoundland. Under the LOI, the parties intend to establish a 50/50 joint venture to…
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Rising freight costs reflect impact of Gulf crisis and early peak
Photo: Mariusz Bugno, Dreamstime.com 09/06/2026 While freight forwarders and shippers on the transpacific and Asia-Europe trades struggle with soaring spot rates and tight capacity amid an early peak season, new data from Container Trades Statistics (CTS) shows all-in freight costs began to rise significantly in April. The Global Price Index rose sharply, to 89 points,…
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Kuehne+Nagel expands air freight network in volume-hungry Europe
09/06/2026 Kuehne+Nagel (K+N) is eyeing greater connectivity with Europe via Frankfurt, while Central Europe’s air cargo sector is increasingly focused on capturing volumes that continue to favour Western European gateways. The freight forwarding giant has announced the expansion of its air freight network by adding Frankfurt to the rotation of its B747-8 freighter between North…