How Huawei’s chipmaker turned US sanctions into a China success story
Huawei Technologies Co. alarmed politicians from Washington to Tokyo when it took the wraps off a $900 smartphone that signaled China’s rapid advance in semiconductor…
U.S. gasoline prices decline amid lower gasoline demand and falling crude oil prices
On November 20, 2023, the Monday before Thanksgiving, the retail price of regular gasoline averaged $3.29 per gallon (gal) across the United States, 10% less…
DNV awards Abate (Power +) notation to Transocean Norge
The DNV-classed rig, Transocean Norge, has become the first semisubmersible rig to be awarded DNV’s Abate (Power+) notation following significant upgrades designed to lower its…
Kalmar and Brasmaq continue long-term collaboration with new order for Essential reachstackers
Kalmar, part of Cargotec, has secured a large order to supply Brazilian equipment leasing service provider Brasmaq Portuaria with a total of 21 Kalmar Essential…
Lhyfe awarded grant of €14 million for green hydrogen project in Spain in Tarragona
• The 15 MW green hydrogen production plant will deliver up to 5 tons of green hydrogen per day to local industrial customers. • Aim…
BMT and Strategic Marine join forces to drive innovation into offshore wind
BMT has announced a Long-Term Agreement (LTA) with Singapore-based Strategic Marine, forging a powerful collaboration aimed at driving the offshore wind crew vessel industry towards…
Nigeria revives oil tanker tax issue that drove up freight
Nigeria again demanded that shipping companies pay outstanding tax bills totaling millions of dollars, reviving a dispute that triggered a spike in freight costs and…
KPI OceanConnect supplies OOCL with biofuel blend marking a significant milestone in their sustainability journeys
KPI OceanConnect arranges supply of bespoke B24 biofuel blend to Orient Overseas Container Line (OOCL)’s container vessel
US airlines keep adding seats they can’t get anyone to fill
A record 30 million people are expected to catch a flight over the Thanksgiving holiday, but airlines that specialize in low-cost US travel still don’t…
What happened to five oil tankers sanctioned for Russia violations
Over the past month, the US has sanctioned five vessels for hauling crude above $60-a-barrel price cap set by the Group of Seven and its…
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