SriLankan Air defaults on its sole dollar bond for $175 million
SriLankan Airlines has defaulted on its $175 million bond, having failed to amend the terms of the debt amid the worst economic crisis to engulf…
AWO’s Carpenter says offshore wind could be the biggest U.S. maritime opportunity “in a generation.”
“Offshore wind has the potential to be the biggest new opportunity for the domestic maritime industry in a generation.” - Jennifer Carpenter, president and CEO,…
US plans 200% tariff on Russia aluminum as soon as this week
The US is preparing to impose a 200% tariff on Russian-made aluminum as soon as this week to keep pressure on Moscow as the one-year…
Why robotics are stuck in neutral without the right intelligent human labor management solution
Throughout the industrial world and across every continent, businesses are making significant investments in robotics and automation. According to the McKinsey Global Industrial Robotics Survey,…
New England’s power grid weathers last weekend’s record-breaking cold and wind
From February 3 to February 5, record-breaking cold temperatures and extreme wind chill in New England created strong electricity demand as homes and businesses turned…
Trailer Bridge names Freitas new Chief Financial Officer
Trailer Bridge, Inc., a full-service transportation solution provider, today announced it has named Joseph Freitas as its new Chief Financial Officer to oversee the company’s…
Maersk sees global trade contracting as much as 2.5% in 2023
A.P. Moller-Maersk A/S, a bellwether for global trade, said “muted” economic growth is set to push the world’s container shipping volumes down by as much…
TotalEnergies Marine Fuels, Hapag-Lloyd and Jurong Port Universal Terminal kick-start first biofuel bunker term delivery in Singapore
TotalEnergies Marine Fuels has successfully completed its first refueling of a Hapag-Lloyd container vessel in Singapore with sustainable, UCOME (Used Cooking Oil Methyl Ester)-based, marine…
Wildfires scorch Chilean cherry orchards in threat to exports
Chile’s worst forest fires in six years are starting to impact the country’s cherry and blueberry industries, destroying orchards in a fresh threat to global…
DHL Express sponsors professional angler Takumi Ito in the 2023 Bassmaster Elite Series
DHL will support Ito as he competes in the world’s top bass fishing tournament
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