Danish fund provides $670m financing guarantee to 1.4GW UK offshore wind farm
Denmark’s Export and Investment Fund (EIFO) will provide a £500m ($672m) project finance guarantee for the development of ScottishPower Renewables’ Ea...
Port & Terminal News
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Trade expert predicts 200% surge in tariff-fraud crackdowns
As another round of tariffs kicked into gear on Thursday, trade expert Rennie Alston warned importers that regulators will be doubling down on ensuring that the...
Trump slaps India with new tariffs over Russian crude ties
US president Donald Trump has signed an order imposing an additional 25% tariff on goods from India, in response to the country’s continued imports of Russian...
Planned US-Mexico rail route advances with environmental report
The Surface Transportation Board’s Office of Environmental Analysis has issued its final Environmental Impact Statement for the Green Eagle Railroad, a 1.3-mi...
Infrastructure fund pays $1B to acquire largest US regional railroad
The Wheeling & Lake Erie Railway — at 840 miles the largest independent regional railroad in the U.S. — is being acquired by FTAI Infrastructure in ...
Fugro hired for offshore wind farm site investigation off Taiwan
Dutch surveyor Fugro has been awarded a contract for the 700MW Youde offshore wind farm by Shinfox Energy in Taiwan’s Round 3.2 offshore wind tender.Under the...
Gautam Adani steps back from ports business
Billionaire Gautam Adani has stepped down as executive chairman of Adani Ports & Special Economic Zone (APSEZ),taking on a non-exec chairman role instead. The d...
Petrobras hires liftboat pair from OOS International
Brazilian state-owned oil and gas giant Petrobras has hired two accommodation liftboats from Dutch-based OOS International to support decommissioning operations...
Port of Mobile sues developer over trademark infringement and cybersquatting
The Alabama State Port Authority (ASPA), operator of the Port of Mobile, has filed a federal lawsuit against Texas-based Gulf Corp and its affiliate Gulf Port A...
BP and JERA’s offshore wind alliance takes off
Energy major BP and Japan’s largest utility JERA have completed the formation of their equally-owned offshore wind business JERA Nex BP.JERA Nex BP’s portfo...
California trucking company closes after 40 years in business
Fresco, California-based drayage trucking company TGS Transportation has closed.The company announced Thursday that it would be closing its operations effective...
Hutchison faces court challenge for control of ports in Panama
The future of two of Panama’s most strategic ports is hanging in the balance after president José Raúl Mulino said on Thursday that public-priva...