The World Trade Organization (WTO) has predicted a gradual recovery in global trade this year, following a contraction in 2023 caused by high energy prices and inflation. Its latest report, Global trade outlook and statistics, forecasts a 2.6% increase…
World trade set for rebound Read More »
New York State on Friday stalled three major offshore wind-energy projects after General Electric Vernova GE.N changed the turbine design, which the state said “materially altered” the plans.New York provisionally approved the projects in October 2023.
New York Not Moving Forward With Three Offshore Wind Farms Read More »
An accident with a shiploader at the sugar terminal in the Recife port in Northeastern Brazil suspended loading operations at the site, according to a note from shipping company Williams Brazil late on Thursday.The company said the shiploader…
Shiploader Collapses at Brazil’s Recife Port Read More »
SCHOTTEL said it will equip four new 1810-series ASD stock tugs from the Dutch Damen Group with the SCHOTTEL RudderPropeller type SRP 270. The new multipurpose tugs will have a bollard pull of 30 tonnes each and ensure excellent maneuverability…
SCHOTTEL RudderPropellers Selected for Four Damen ASD Tugs Read More »
The port of Corpus Christi, Texas, the top U.S. oil export hub, said it exported 6.40 million barrels per day of crude oil in the first quarter, up 6.9% from the same period a year ago.The U.S. Gulf Coast port handles more than half the nation’s oil ex…
Corpus Christi Crude Oil Exports Up 6.9% in Q1 Read More »