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Marine World
China’s $1 Billion of Daily US Exports Show Xi’s Bargaining Power
Six months into Donald Trump’s trade war, the resilience of Chinese exports is proving just how essential many of its…
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Marine World
HMM Orders $2.8 Billion Fleet of LNG-Fueled Containerships and VLCCs
South Korean shipping line HMM has placed a KRW 4 trillion (US $2.814 billion) newbuilding order for vessels that will…
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Marine World
Denmark to Boost Arctic Defense by $4.26 billion, Buy 16 New F-35s
Denmark will invest 27.4 billion crowns ($4.26 billion) to boost its military presence in the Arctic and plans to buy…
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Marine World
Orsted Raises $9.4 Billion to Offset Hit From US Wind U-Turn
By William Mathis and Pablo Mayo Cerqueiro (Bloomberg) — Orsted A/S raised 60 billion Danish kroner ($9.4 billion) through a rights…
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Marine World
Total Wins French Offshore Wind Auction For $5.3 Billion Project While Another Tender Flops
(Bloomberg) — TotalEnergies SE and RWE AG have won a French government tender to build the country’s largest offshore wind…
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Marine World
Sempra Sells $10 Billion Stake in Unit, Greenlights Port Arthur Expansion Project
Sempra said on Tuesday it would sell a 45% stake in its infrastructure unit for $10 billion, and has approved a…
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Marine World
Report: $48 Billion in LNG Carrier Investments at Risk as Fleet Expansion Outpaces Demand
New research from UCL Energy Institute and Kuehne Climate Center (KCC) reveals that $48 billion invested in LNG carriers could…
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Marine World
Major Shipping Firms Warns Net Zero Plan Could Cost Over $300 Billion by 2035
A group of shipping firms warned that the International Maritime Organization’s planned net zero rules risk imposing significant costs on…
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Marine World
COSCO Vows Service Stability as U.S. Port Fees Threaten $1.5 Billion Hit
Chinese shipping giant COSCO has affirmed its commitment to maintaining “stable and reliable services” in the United States despite looming…
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Marine World
UK Commits $1.5 Billion to Maritime Decarbonization and Coastal Growth
The UK government has announced a combined public-private investment package exceeding £1.1 billion (US $1.5 billion) for the maritime sector,…
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