Trump orders Howard Lutnick to carry out sweeping tariff review
But first-day orders stops short of immediate import duties
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January 2025
Suez Chair: Canal Expansion to be operational Q1 2025
The new stretch of the Suez Canal near Egypt’s Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.In a statement, Rabie said the navy would reissue navigational…
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GDMS inks $800m Deal for US Navy Torpedoes
General Dynamics Mission Systems was awarded a fixed-price-incentive, firm-fixed-price, cost-plus-fixed-fee, and cost-only contract from the U.S. Navy in December for up to $808.6 million to produce MK 54 MOD 1 Lightweight Torpedo Kits and related test…
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Trump’s orders deliver blow to US clean fuel funding
Future funding for green fuels in limbo as new president pauses Inflation Reduction Act disbursements
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ABS grants AiP for HD KSOE’s Hydrogen Vacuum Insulation System
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received ABS approval in principle (AIP) for a tank design that enables large-scale hydrogen transport and storage.The vacuum insulation system from HD KSOE is designed to reduce the time requi…
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