Konecranes to Build Ports Cranes in the U.S. to Loosen China’s Monopoly
Finnish-based port equipment manufacturer Konecranes is joining the White House-led efforts to develop alternative manufacturers for the massive ship-to-shore (STS)…
New Strike Threats Loom in August Over Canada’s West Coast Ports and Rails
Labor disputes impacting both the operations of Canada’s West Coast ports and the two leading railroads are due to come…
BOEM Releases Final Environmental Statement for Offshore Maryland Wind Farm
The Biden administration is continuing to move forward aggressively with its efforts for the offshore wind energy industry. Plans for…
U.S. Coast Guard Takes Over Cleanup of $3M Yacht
A 74-foot sailing yacht has gone hard aground on a reef off the coast of Puerto Rico, and the U.S.…
Op-Ed: Social Media Helps Coast Guard SASH Survivors Connect
A platform that was originally intended “to connect the world’s professionals to make them more productive and successful” is now…
NTSB: Staten Island Ferry Fire Was Caused by Fuel System Design
The National Transportation Safety Board has released its report on the engine room fire aboard the Staten Island ferry Sandy…
FOMC preview: Growing confidence of a Fed rate cut in September
Back on track for rate cuts We have to ask the question: have events already overtaken the Fed? At June’s…
Goldman Sachs: Fed to indicate September rate cut ‘more likely’
Recent comments from Federal Reserve officials signal they will likely remain on hold at their upcoming meeting, but the prospect…
So far, global earnings are just good enough to feel disappointing
Companies worldwide are lowering full-year sales and profit guidance as higher interest rates and weakness in China’s economy hurt global…
Eurozone GDP beats expectations but remains weak behind the scenes
Eurozone GDP growth in the second quarter beat expectations and maintains the growth pace of 0.3% quarter-on-quarter seen in the…