Codelco and the French institute CEA-Liten sign a technology development agreement to boost the electrification of underground mining

Codelco and the CEA-Liten institute signed a collaboration agreement to study and develop technologies that enable the electrification of equipment in underground mining operations. This is a milestone that marks a new advance in the state-owned company’s commitment to the decarbonisation of its production processes and cutting-edge technological innovation. The Liten (Laboratory for Innovation in […]

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Cargo contract conundrum: annual agreements, or go for shorter-term deals?

ID 443598791 © Anatolii Savitskii | Dreamstime.com 12/06/2026 Despite another turbulent contract season, most major US shippers continue to favour annual ocean freight agreements over shorter-term or index-linked alternatives, according to industry executives.  Stephanie Loomis, head of procurement, pricing and commercial relations, ocean product, at Noatum Logistics, told The Loadstar this year’s transpacific eastbound contracting cycle had been the

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Oil Market Volatility Masks a Shifting Reality in the Middle East

The U.S.-Iran conflict escalated again on Thursday before abruptly swinging back toward diplomacy, producing another day of extreme volatility in both energy and financial markets. The escalation began after two days of renewed exchanges between Washington and Tehran following the downing of a U.S. Army helicopter near Hormuz earlier this week. On Tuesday and Wednesday,

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Armenia’s Western Pivot Survives Moscow’s Pressure Campaign

Politics, Geopolitics & Conflict Armenian Prime Minister Nikol Pashinyan won re-election on Sunday, defeating a Russian-backed opposition campaign and keeping the country on the Western trajectory. But the result fell short of giving him the parliamentary supermajority needed to easily implement some of the most consequential elements of his agenda. Pashinyan’s Civil Contract party won

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Oil Prices Slide as Traders Bet on Diplomacy

July WTI crude oil futures traded sharply lower through Thursday as traders removed much of the geopolitical premium tied to tensions between the United States and Iran. Through June 11, the contract traded between a high of $95.47 and a low of $85.13 before settling near $85.93. At that level, prices were down $4.32, or

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Europe’s auto sector faces ‘perfect storm’ as exports slump and imports surge

Photo: AI-generated 12/06/2026 European automakers and their logistics services providers are navigating a period of upheaval and structural change, according to industry and research sources interviewed by The Loadstar. Hit hard by US tariff hikes, a sizeable chunk of OEM premium export business has disappeared, while on the home front, Chinese rivals are not only

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CMA CGM expands 6,000-teu box fleet with new orders and charters

© Mariusz Bugno 12/06/2026 Containership newbuilding orders this week have been dominated by 6,000 teu-plus ships, but interest in feeder vessels remained strong. French line CMA CGM added to its orderbook of 6,000 teu ships, after contracting eight at Hengli Heavy Industries for delivery in 2028. Alphaliner notes CMA CGM already operates six ships of

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Flexport-Freightmate case tests ownership of AI freight data and workflows

Photo: © Bakhtiar Zein | Dreamstime.com 12/06/2026 The legal battle between Flexport and freight-tech start-up Freightmate is increasingly becoming a test case for a question facing logistics tech companies: in the age of AI, is the most valuable intellectual property the code itself, or the data and workflows behind it? While the case began as

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India Set to Miss Budget Deficit Target as Oil Shock Strains Public Finances

India may be on track to miss its target for budget deficit for the first time since 2021 as the oil supply shock pressures government coffers. The government of the world’s third-largest crude oil importer is preparing to exceed its own deficit target from early this year as the Middle East crisis is testing the

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