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The global container shipping industry is experiencing unprecedented levels of fleet utilization, with commercial idle capacity hitting a remarkable low of just 0.6% of the world’s 32.0 Mteu fleet, according...
Atlantic Shores Offshore Wind has terminated its 1.5-gigawatt offshore wind project in New Jersey, marking a significant setback for the U.S. offshore wind industry amid mounting federal opposition. The project,...
Australian shipbuilder Austal Limited (ASX: ASB) has challenged South Korean defense giant Hanwha Group’s announcement regarding U.S. regulatory approval for increased ownership, creating uncertainty around the potential acquisition. In a...
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