Carbon Ridge Scorpio Tankers Launch First Shipboard Carbon Capture System

Carbon Ridge Scorpio Tankers Launch First Shipboard Carbon Capture System

Carbon Ridge has partnered with Scorpio Tankers to launch the shipping industry's first centrifugal carbon capture system (OCCS), implemented on the STI SPIGA oil tanker. This technology is modular, cost-effective, and significantly enhances capture efficiency, helping shipping companies gain a competitive edge in environmental sustainability and compliance.

08/07/2025 Logistics
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Canadian Dollar and Euro Exchange Rate Trends Analyzed

Canadian Dollar and Euro Exchange Rate Trends Analyzed

This article analyzes the exchange rate fluctuations between the Canadian Dollar (CAD) and the Euro (EUR). It examines the influence of economic data, international oil prices, and central bank policies on these changes. The article also provides insights into the future trends of the CAD and the overall market dynamics.

Global Air Cargo Demand Rises Despite Economic Challenges

Global Air Cargo Demand Rises Despite Economic Challenges

In May 2025, international air cargo demand grew by 2.2% year-on-year, demonstrating the industry's resilience. Despite a contraction in global manufacturing and the impact of U.S. tariff policies on certain regions, the Asia-Pacific region experienced the fastest growth in cargo demand at 8.3%. Additionally, falling oil prices provided relief for the airlines.

HS Code 5901901000 Tax Rates Impact Global Trade

HS Code 5901901000 Tax Rates Impact Global Trade

The HS code 5901901000 refers to oil painting canvases made from other textiles, with an export tax rate of 0%. This supports art trade, while both the value-added tax and export rebate are 13%. This code falls under the category of textile materials and products, contributing to the development of the art market.

CAD to USD Rate Fluctuations Key Factors Explained

CAD to USD Rate Fluctuations Key Factors Explained

This article provides a deep analysis of the historical exchange rate between the Canadian dollar and the US dollar, exploring the impact of factors such as international oil prices, interest rate differentials, and trade policies on exchange rate fluctuations. It emphasizes the importance of real-time exchange rate monitoring in making informed investment decisions.

CAD to USD Exchange Rate Volatility Sparks Economic Concerns

CAD to USD Exchange Rate Volatility Sparks Economic Concerns

Recent data indicates that 25 Canadian dollars can be exchanged for approximately 18.18 US dollars, with the current exchange rate at 1 CAD = 0.72729 USD. The fluctuations in the exchange rate are influenced by various factors, including changes in international oil prices and US interest rate policies. Staying informed about exchange rate dynamics is crucial for consumers and investors.

Abu Dhabi Ports Group Advances Economic Vision 2030

Abu Dhabi Ports Group Advances Economic Vision 2030

Since its establishment in 2006, the Abu Dhabi Ports Group has actively promoted economic growth in the UAE by managing 11 ports and terminals. The group aligns with the Abu Dhabi Economic Vision 2030, contributing 3.6% to the non-oil GDP. Its efficient port management and application of smart technologies have positioned Abu Dhabi as a significant international logistics hub.