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US Sanctions COSCO Companies over Iran Trade

The U.S. sanctioned two COSCO subsidiaries in the latest move to curb the flow of Iranian crude.

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CMA CGM’s liquidity profile weakened in the last 12 months as a consequence of the CEVA Logistics acquisition.

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eConowind’s Ventifoil system would be installed on the company’s 3,600 dwt cargo vessel MV Ankie.

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The “hydrotug” is driven by combustion engines that burn hydrogen in combination with diesel.

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The contract confirms the parties’ intentions to construct LNG transshipment complexes in Kamchatka and Murmansk.

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