The American Waterways Operators (AWO) recently sent a letter to Gov. Gavin Newsom in California, urging him to withdraw the 2022 amendments to the California Air Resources Board (CARB) Commercial Harbor Craft rule, particularly in light of…
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European Shipowners Welcome Focus on Competitiveness
European Shipowners (ECSA) welcome the focus of European Commission’s new Competitiveness Compass on competitiveness and open trade as a prerequisite to the continent’s security, resilience and growth.Shipping is a cornerstone of Europe’s energy…
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Trump’s Tariffs a Boost for European and Asian Refiners
U.S. President Donald Trump's trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market participants told Reuters.Trump on Saturday ordered…
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Rubio Pressures Panama over Chinese Businesses Near Canal
U.S. Secretary of State Marco Rubio on Sunday warned Panama's President Jose Raul Mulino that Washington will "take measures necessary" if Panama does not immediately take steps to end what President Donald Trump sees as China's influence and control o...
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Summing Up the U.S., the Panama Canal and China
Some U.S. lawmakers and officials are touting a nearly half-century-old treaty between the United States and Panama to justify the Trump administration's threat to reclaim the Panama Canal - provided it can show the strategic waterway's operation is un...
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$2.9B Maritime Development Fund Created by India
India is set to establish a 250-billion-rupee ($2.9 billion) maritime development fund to provide long-term financing for the country's shipbuilding and repair sector, Finance Minister Nirmala Sitharaman announced on Saturday.The initiative…
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