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Port News
UK oil and gas sector set to lose $66bn over decision to retain windfall tax
The UK government has announced during its presentation of the budget that the windfall tax, introduced in 2022, would remain…
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Marine World
Russia’s Crude Exports Lose Momentum After Baltic Flows Targeted
Russia’s weekly crude exports slumped, driven by a slide in Baltic shipments following Ukrainian drone strikes that affected key regional facilities. gCaptain
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Maritime News
Poor Welding Caused Bulker to Lose its Rudder and Nearly Run Aground
Investigators at New Zealand’s Transport Accident Investigation Commission (TAIC) released their final report on a July 2023 incident with the…
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Marine World
Equinor Says it Could Lose Billions on Trump’s Offshore Wind Clampdown
Equinor stands to lose billions of dollars on its massive wind power project offshore the state of New York unless U.S.…
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Maritime News
Bangladesh Could Lose Top Position in the Global Shipbreaking Market
With global ship demolition at record low levels, Bangladesh’s shipbreaking industry has reported that 2024 saw a massive drop…
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Port News
MSC boxship becomes latest vessel to lose containers overboard off South Africa
Ships taking the alternative, non-Houthi route between Asia and Europe face another perilous situation, namely the rough seas around South…
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Maritime News
Container Lines Expect US Import Binge to Lose Steam
Surging shipments into the United States are fueling record high freight costs and logjams at seaports, but transportation executives say…
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Marine World
Container Lines Expect U.S. Import Boom to Lose Steam
By Jonathan Saul and Lisa Baertlein LONDON/LOS ANGELES, Oct 26 (Reuters) – Surging shipments into the United States are fueling…
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Marine World
Suez Canal Set to Lose $10 Million from Ships Taking the Long Route
According to new Alphaliner research, “the number of containerships that have opted to use the Cape route and bypass the…
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Marine World
U.K. Oil and Gas Industry May Lose 30,000 Jobs Amid Coronavirus Slump
“The outlook is bleak compared to the picture of steady growth seen only two months ago, before the grip of…
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