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Top Stories: Page 21
Ukraine Grain Exports Snarled by Danube Ship Backlog
The bottleneck has only grown more severe in recent weeks, with ships arriving at the Sulina Canal faster than authorities can move them through.
Panama Canal to Limit Vessel Traffic as Drought Sets In
This is only the second time the canal has ever imposed restrictions on daily transits, with rainfall in the region between May and August coming in 34% below average.
Iran, Oman Agree to Share Strait of Hormuz Revenue
Tehran has said any normalization of traffic would hinge on the U.S. complying with the terms of a memorandum of understanding signed in June.
Iran, Oman Push Talks for ‘Interim’ Reopening of Hormuz Strait
The initiative seeks to establish a “temporary joint maritime corridor” and project for mine clearance to restore safe navigation through the area.
Commercial Wind Propulsion Picks Up Around the World
One clear sign the technology is gaining credibility is that there will be 40 IWSA members at the upcoming SMM trade fair in September in Hamburg.
Taiwan Targets Alleged Scheme to Send AI Servers to China
Each server reportedly contained a Nvidia graphics processing unit known as the B300, which is banned from being sold to Chinese buyers.
Hormuz Commodity Vessel Traffic Hits Three-Month Low
The two crossings -- by one very large gas carrier and one very large crude carrier -- fell far short of the 10-day average of 14 daily commodity vessels.
Xi Signals Defiance as U.S. Threatens Sanctions for Iran Support
While Xi won’t cut ties with Tehran, Beijing could decide to further reduce purchases of Iranian oil or keep income from such transactions locked in Chinese banks.
Trade War With U.S. Could Slow Canada’s Economy in 2027
The combination of U.S. tariffs and retaliatory Canadian levies could shave up to 0.3% off of Canada's expected GDP growth in 2027.
UPS Invests $2B to Expand Global Network
Recent projects that received money from the initiative include new air hubs at Clark Airport in the Philippines and at Hong Kong International Airport.
U.S. Reopens Arizona Border Crossing to Mexican Cattle
The USDA also plans to restore other crossings bordering the state of Chihuahua in New Mexico and Texas down the line, as part of a phased reopening.
U.S.-Canada Trade War Escalates as Talks Collapse
The U.S. and Canada had hoped to hold extended trade talks to avert 50% tariffs against $20 billion worth of Canadian goods.
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