World may not have enough heavy lift vessels to service the offshore wind industry post 2025
Offshore wind is booming, and as turbine and project sizes grow, demand for specialized installation vessels will soar. The market for vessels capable of installing…
ZTE’s designation as security threat affirmed by US FCC
The U.S. Federal Communications Commission affirmed its decision to designate ZTE Corp. as a national security threat over concerns telecommunications gear made by the Chinese…
FMC increases global alliances’ information monitoring report requirements
Pursuant to direction from FMC Chairman Michael Khouri, the Commission has issued letters to the three global carrier alliances (2M, THE, and OCEAN) requiring that…
Xi seeks to ‘manage differences’ in note congratulating Biden
China’s President Xi Jinping broke his silence on Joe Biden’s election victory, sending the U.S. president-elect a message that he hopes to “manage differences” and…
US goods-trade gap widens as imports rise to highest in a year
The U.S. merchandise-trade deficit widened in October as imports reached the highest in more than a year, outpacing a gain in the value of exports.
European airlines face a harder recovery than their rivals
Europe’s airlines will struggle more than competitors elsewhere to end losses next year as they’re held back by higher expenses and their dependence on international…
Brexit talks entering decisive days, EU’s Von Der Leyen says
European Commission President Ursula von der Leyen said the coming days will be “decisive” for trade negotiations with the U.K. and crucial differences between the…
Emirates sees 2022 return of Jumbo A380s as travel recovers
Emirates sees a sharp recovery in demand for air travel next year as coronavirus vaccines are distributed around the world, meaning the carrier’s full fleet…
UPS will make dry ice, offer freezers for vaccine distribution
United Parcel Service Inc. has set up its own dry ice production and will provide portable, super-cold freezers to its health care customers as the…
Philippine Airlines says it’s readying restructuring plan
Philippine Airlines Inc. is working on a “comprehensive recovery and restructuring plan,” according to the carrier owned by billionaire Lucio Tan.
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