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China Classifies US Shipbuilding Probe as a…
on 17 January 2025 at 9:15 pm
The U.S. probe targeting China’s maritime, logistics and shipbuilding sectors is a “serious violation” of World Trade Organization rules and an outright protectionist act, a Chinese foreign ministry spokesperson said on Friday.
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APA Applauds Withdrawal of NARW Speed Restriction…
on 17 January 2025 at 8:42 pm
On January 16, 2025, the National Marine Fisheries Service (NMFS) formally withdrew its August 1, 2022, Notice of Proposed Rulemaking (NPRM) that sought amendments to the North Atlantic Right Whale Vessel Strike Reduction Rule that would have had the unintended consequences of endangering pilots…
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SouthCoast Wind gets final BOEM nod
on 17 January 2025 at 6:40 pm
The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision.
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Baldwin Applauds Shipbuilding Report, Calls on…
on 17 January 2025 at 6:32 pm
U.S. Senator Tammy Baldwin (D-WI) is applauding the newly released report from the United States Trade Representative outlining how China has used unfair trade practices to undercut American shipbuilding, hurting American workers, businesses…
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Oil set for fourth week of gains on US sanctions
on 17 January 2025 at 6:17 pm
Oil prices edged lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions.Brent crude futures were down 41 cents, or 0.5%, at $80.87 per barrel by 11:30 a.m.
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Port of Long Beach Marks 20 Years of Leading Green
on 17 January 2025 at 6:00 pm
The Port of Long Beach is accomplishing its environmental, operational and commercial goals and is setting its sights on even greater achievements in the years ahead, CEO Mario Cordero said Thursday during his eighth annual State of the Port…
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FSG Nobiskrug Shipyards negotiations at “advanced…
on 17 January 2025 at 3:23 pm
FSG Nobiskrug shipyards has received several offers from potential investors. These are industry-related companies from Germany, not financial investors.This was reported by the provisional insolvency administrators Dr Christoph Morgen and Hendrik Gittermann at an event in Rendsburg on 17 January.
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Baltic Index logs second straight weekly drop
on 17 January 2025 at 3:03 pm
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week low on Friday and marked a second straight weekly fall as rates across all segments weakened.The index, which factors in rates for capesize…
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Sanmar to Build Fully Electric Tug
on 17 January 2025 at 2:56 pm
Sanmar has signed a contract with major towage and marine services provider Svitzer to build a fully electric tug to be deployed in Scandinavia to provide services between Denmark and Sweden.The Denmark-headquartered global operator has ordered a new ASD…
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Industry Executives: Red Sea too risky even after…
on 17 January 2025 at 2:51 pm
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen’s Houthis will continue to attack shipping, industry executives…