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Panama’s Maritime Authority has stripped over 650 vessels from its flag registry since 2019, tightening controls amid rising pressure from international sanctions and growing concerns over so-called ‘
The oil spill in the Black Sea has intensified, stretching across tens of kilometers of coastline after two Russian tankers were severely damaged during a weekend storm. On Tuesday, reports …
Sweden has taken a firm stance on offshore wind farm development in the Baltic Sea, rejecting 13 project applications due to national security concerns. Defense Minister Pål Jonson emphasized the …
In a bold move aimed at strengthening America’s trade arteries, President Joe Biden announced a substantial $3 billion allocation from his Inflation Reduction Act to modernize U.S. ports. The funds, …
Image:Constanta Port Romania’s government is set to approve a significant plan on Wednesday aimed at enhancing the rail infrastructure at the Black Sea port of Constanta. This initiative will create
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in artificial intelligence, even though a final …
Image:Orsted Source:Reuters: Norwegian energy giant Equinor has acquired a 9.8% stake in Danish offshore wind farm developer Orsted, valued at approximately $2.5 billion, as part of its strategy to b
In a major development for the shipping industry, U.S. dock workers and port operators have reached a tentative agreement that ends a three-day strike affecting 36 major ports across the …
In a significant blow to the U.S. economy, dockworkers on the East and Gulf Coasts initiated a large-scale strike early Tuesday, effectively shutting down nearly half of the country’s ocean …
Port workers along the US East and Gulf Coasts are preparing to walk off the job at midnight Monday, marking the first strike of its kind in nearly half a …
Vineyard Wind and GE Vernova have received the green light from U.S. safety officials to resume limited construction on their offshore wind farm project located off the coast of Massachusetts. …
Danish shipping giant Maersk has taken a significant step forward in exploring nuclear power as a potential solution for decarbonizing container shipping. The company announced that it will participat
Reuters reports, On July 16, the Vineyard Wind offshore wind project off the coast of Massachusetts was abruptly shut down following a turbine blade failure that resulted in debris washing …
Danish shipping giant Maersk has decided to bow out of the race to acquire DB Schenker, the German logistics firm put up for sale by its parent company, Deutsche Bahn. …
Singapore is seeking compensation from the owners of the stationary vessel Marine Honour for the costs incurred in last week’s oil spill, according to a report by local media outlet …
After being halted by high water since the weekend, cargo shipping on the Rhine River in southern Germany has resumed. Navigation authorities announced on Friday that the river has reopened …
Germany’s national rail operator, Deutsche Bahn, has entered the final round of the sale process for its logistics subsidiary, Schenker. The shortlisted bidders include industry heavyweights Maersk, D
The province of Alberta, known for its significant oil and grain production, has called upon Canadian Prime Minister Justin Trudeau to intervene in looming strikes by railway and port workers, …
China witnessed a remarkable surge in car exports to a record high in April, according to data released by the China Passenger Car Association (CPCA) on Friday. The surge comes …
Hong Kong-based shipping company Wah Kwong is set to double its fleet of liquefied natural gas (LNG) carriers. The announcement comes as the company eyes the burgeoning demand for LNG, …
