Russia oil tankers do strange things since US sanctions ramp-up
There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in US sanctions targeting traders and…
How China’s BYD beat Tesla at its own game
Having become China’s best-selling auto brand at home, BYD Co. (which stands for Build Your Dreams) has now surpassed Tesla to be the world’s biggest…
Port Freeport receives 34th consecutive certificate of achievement in financial reporting
For the 34th consecutive year, Port Freeport received the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the…
CHIPS terms with microchip technology to strengthen supply chain resilience for America’s automotive, defense, and aerospace industries
This week, the Biden-Harris Administration announced that the U.S. Department of Commerce and Microchip Technology Inc. have reached a non-binding preliminary memorandum of terms...
Huawei teardown shows 5nm chip made in Taiwan, not China
Huawei Technologies Co.’s newest laptop runs on a chip made by Taiwan Semiconductor Manufacturing Co., a teardown of the device showed, quashing talk of another…
China probes EU liquor, sinking shares as trade spat worsens
China is launching an anti-dumping investigation into liquor products like brandy from the European Union, in a relatively modest step after the bloc opened a…
MOL signs time charter contract with Yara, World’s Largest nitrogen fertilizer manufacturer, for ammonia carrier green pioneer
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced the signing of a time charter contract for the ammonia carrier Green Pioneer with…
Maersk Operations update through Red Sea / Gulf of Aden
On 2nd January 2024, A.P. Moller–Maersk announced that it would pause all vessels bound for the Red Sea / Gulf of Aden in light of…
Russian fuel exports hit eight-month high
Russia’s oil-product exports climbed to the highest since April on a four-week average basis, buoyed by a sharp rebound in fuel oil shipments.
Great Lakes provides update on Empire Wind I and II contracts
Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”), the largest provider of dredging services in the United States, announced today that Empire…
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