Business

By Will Wade (Bloomberg) — About 15 miles south of Martha’s Vineyard, Massachusetts, a massive structure emerges from the Atlantic Ocean. Nearby it will have the biggest turbines in the world, as tall as the Washington Monument with the Statue of Liberty stacked on top.  It’s the first offshore power substation in the US and in October it is expected to…

COPENHAGEN, Aug 4 (Reuters) – Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand for shipping containers by sea this year, prompted by muted economic growth and customers reducing inventories. The company, one of the world’s biggest container shippers with a market share of around 17%, said it expects container volumes to fall by as much as 4%. It had previously forecast…

Air Cargo News is delighted to announce the companies that have been shortlisted for a prize at this year’s awards. The team of seven independent judges pored over more than 80 entries across nine categories. The winners will be honoured by Air Cargo News and the wider air cargo industry at an exclusive awards ceremony to be held in the UK at the Hilton…

Doha, Qatar: The services of the new maritime route (Middle East 6) started operating, which connects Hamad International Port with the ports of five Arab countries, namely the Kingdom of Saudi Arabia, the Sultanate of Oman, the Arab Republic of Egypt, the United Arab Emirates, and the Kingdom of Morocco. In a post on X platform, QTerminals – the port…