U.S. Defense Secretary Pete Hegseth on Monday ordered a 20% reduction in the number of four-star officers, deepening cuts at the Pentagon that have shaken the Department of Defense at the start of President Donald Trump’s second term in office.Hegseth…
US to Slash Senior-Most Ranks of Military Read More »
At least three people died and nine others, including two children, were missing after a small boat capsized in choppy seas off the California coast in an apparent migrant smuggling attempt north of San Diego, U.S. officials said on Monday.Four…
At Least Three Dead After Small Boat Capsizes Near San Diego Read More »
Offshore power reiterates revenue guidance for 2025 while acknowledging macroeconomic complexity
Tidewater beats on profit and revenue while slashing shares count Read More »
Some shipping sectors will be more impacted than others from the latest USTR notice on shipping fees on Chinese-built vessels. In its latest weekly report, shipbroker Intermodal said that “the USTR Notice of Action issued on April 17 introducing fees u…
Shipping Sectors’ Impact from USTR to Be Diverse Read More »
International shipping is responsible for about 2% of the world’s greenhouse gas emissions. This means it plays a part in reaching net-zero emissions, which would help limit global warming to 1.5 degrees. The shipping industry follows various reg…
ESG Economist – Carbon price for shipping below transition cost Read More »