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Rare Shipment of U.S. Oil Heads to South Africa
A shipment of U.S. oil is headed to South Africafor the first time in two years and destined for…
Austal USA Secures U.S. Navy Contract for New Class of Ocean Surveillance Ships
Mobile, Alabama-based Austal USA has been awarded a significant contract worth up to $3.195 billion by the U.S.…
Equinor Delays Bay du Nord Project in Canada Due To Rising Costs
Norway’s Equinor ASA said on Wednesday that it will postpone its Bay du Nord Canadian offshore oil project for up to three years,…
Crowley to Launch New Ocean-Rail Service Connecting Mexico, U.S. Midwest, and Canada
US-based maritime and logistics solutions provider Crowley is set to introduce an integrated ocean and rail service linking…
Panama Gives Canada’s First Quantum Go-Ahead To Operate Port Terminal
Panama’s Maritime Authority has lifted a suspension on First Quantum Minerals’ operations at the port of Punta Rincon, which the…
Canada Says It Won’t Permit Sea Floor Mining
Canadian officials on Thursday said they would not allow mining in its domestic ocean seabeds, citing a lack…
U.S. Dollar Weakens Due To Pause of U.S. Debt Ceiling Talks
The U.S. dollar fell in late trading on Friday as investors bet on a less hawkish Fed and…
Oil Prices Dip on Pause of U.S. Debt Ceiling Talks
Crude oil futures prices declined on Friday due to the pause of debt ceiling negotiations in the United…
Commission Revises EU Economic Growth Upwards
The European Union’s (EU) economy has avoided a recession and is now on a path of moderate growth…
4 EU Countries, Azerbaijan Sign Mou on Gas Transmission Cooperation
Bulgaria, Hungary, Romania, Slovakia and Azerbaijan have signed a Memorandum of Understanding to encourage cooperation on gas transmission.…