The Neoliner Origin, the world’s largest cargo sailboat, completed its maiden transatlantic voyage on Thursday (October 30) despite sustaining damage to its aft sail during the crossing, forcing the crew to rely partially on its motor and remaining int…
Cargo Sailboat Finishes First Transatlantic Voyage Read More »
The U.S. and China agreed on Thursday to pause tit-for-tat fees on each other’s ships that became a major irritant in the broader trade war between the world’s two largest economies and pushed up ocean freight costs.The move provides a 12-month…
Trump, Xi Pause Port Fees on Each Other’s Vessels Read More »
Former Teekay executive had been ill since 2023
Altera Infrastructure chief executive Ingvild Saether dies at 57 Read More »
Bessent ties US fees to declining shipyard orders in China
Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has disclosed the results of its survey, which indicate that the Energy Profits Levy (EPL) needs to be tweaked from next year to unlock investments in the offshore ener…
Survey results spotlight need for oil & gas windfall tax reform, OUEK says Read More »