European energy companies, including Denmark’s Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840 million in impairments in recent days.Orsted, the world’s largest offshore wind develo…
US Offshore Wind Writedowns Seen Soaring with Orsted Earnings Read More »
Country’s demand for commodity picks up as it keeps coal plants running longer, analyst says
Capesize spot market ‘halfway down the mountain’ with India poised to scramble for coal Read More »
A cargo ship that ran aground off St. Thomas in the U.S. Virgin Islands earlier this month has been refloated and towed to a safe mooring location at the Crown Bay Sandfill dock, the U.S. Coast Guard said.Vessel owners and salvors will now coordinate f…
Grounded Cargo Ship Refloated in the Caribbean Read More »
Daily ship crossings on the Panama Canal, one of the world’s main maritime trade routes, will be further reduced over the coming months due to a severe drought, the authorities managing the canal said late on Monday.Booking slots will be cut to 25 per …
Panama Canal to Slash Booking Slots Due to Drought Read More »
Shipping agent Cargonave said on Tuesday Berth 201 on the West Corridor of Brazil’s port of Paranagua would tentatively resume operations on Saturday, according to a note to clients based on information it said it received from the local port…
Fire-hit Paranagua Port Berth to Resume Ops Nov. 4 Read More »