The financial technology sector in Lithuania is among the most advanced in the world. Vilnius has recently become the largest regulated fintech company centre in the European Union, and even the largest financial companies in the world are already enjoying the country’s well-adapted legal base. According to Juozas Rupšys, the CEO of UAB Egroup EU, which manages the brand Creditonline, we can take pride in how Lithuanians and companies working in Lithuania have been continuously among the first in the world to adapt to digitisation, even if for the time being, we do not fully make use of our advantage.

Once again, the Elon Musk-controlled commercial spaceflight company SpaceX has decided to abandon its plans for a manufacturing facility at the Port of Los Angeles.

The work on the renovation of taxiways and the reconstruction of the apron started at Vilnius Airport this week. The main goal of the reconstruction project is to renew pavements and widen taxiways, create conditions for the taxiing of larger category aircraft and implement environmental solutions. Most of the work will be performed by the road and bridge construction company "Kauno tiltai", the project is planned to be completed by the end of 2021, without interrupting the normal operations of the airport.

Researchers have measured for the first time exactly how ship emissions affect clouds at a regional scale. The results of the research confirmed earlier computer modeling studies that predicated a sizeable cooling effect due to shipping.

Vilnius Airport officially opens new VIP terminal & conference centre

Hamburg, 10 June 2020: DNV GL, the world’s leading classification society, has launched a new guidance on recycling to help shipowners navigate a regulatory environment that is becoming increasingly complex. With the IMO Hong Kong Convention not yet in force, strict enforcement of the EU Ship Recycling Regulation (EU SRR) and the EU Waste Shipment Regulation (EU WSR) means shipowners must carefully plan for the end of life of their vessels. 

The North Adriatic Sea Port Authority (NASPA) has been working to achieve sustainable development, according to the Three-Year Operational Plan 2018-2020 and the environmental policy objectives in compliance with ISO 14001,  and now,  thanks to the co-funding of the INTERREG ADRION SUPAIR project has achieved higher energy efficiency and containment of  CO2 emissions.

* Every euro in revenue made by Messe München
   generates ten euros in revenue nationwide

* The growth drivers are international exhibitors and
   visitors

Vilnius. After receiving all of the necessary permissions, airBaltic announces that it plans to resume direct flights from Vilnius to Amsterdam on June 8, 2020 and to Berlin on June 11, 2020.

In late March, a case of plagiarism brought the chaotic state of China’s environmental impact assessment system to public attention. But the debate largely overlooked a related and equally important matter: the questionable binding power of ecological redlines, a system the central government has hailed as “unbreachable” and as “fortifying the foundations for the sustainable development of the Chinese nation”.

* CEVA Logistics and Emmelibri (Gruppo Messagerie) have signed a Letter of Intent to create an innovative book distribution center at Stradella (PV).

* The project will be delivered through a joint venture which should be established in the coming months. The project outlined in the Letter of Intent envisages the creation of a joint venture and a contract with Messaggerie Libri for a 12-year duration.

* Significant investments are planned for 2021

Origin Logistics, member of XLProjects based in Turkey charted a complete flight from Istanbul, Turkey to Doha, Qatar. The whole cargo plane was loaded by Origin Logistics and their colleagues at XLProjects, Tokyo Freight played a key role in delivering the surgical gown to the Doha government.

In past three weeks from 05th May, 2020 to 18th May, 2020, Super Cargo Service has recently completed 8 chartering flights from Vietnam to USA as the large order for the New York Government with more than 5 million health protection products including protective clothing, masks and gloves for anti-epidemic.

“Cruise shipping seemed dead…”

“…the city was ready to consign its cruise industry to Davy Jones’ locker…companies went out of business and the remaining liners sailed like ghost ships, full of fear and bad jokes”

 “The already hard-hit cruise industry faces further curtailment”

“Contending the future of cruise shipping in New York is at stake…through increased fees that could wipe out the cruise business here”

Like most ports around the world, the Port of Antwerp, Europe's second-largest port, reported that total freight volumes fell in April due to the coronavirus’ impact on global trade. The decline in April erased a four percent gain the port had experienced in the first quarter resulting in a nearly flat year-over-year comparison with the first four months of 2019.