Noatum Maritime Expands, Opens Shanghai Office
Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, opened its first office in Shanghai dedicated to its agency and maritime services arm – Noatum Maritime Services. The new office contributes to the Group’s international expansion strategy and capitalises on Shanghai’s prominence as a major trade and logistics hub.Noatum Maritime Services provides comprehensive solutions to charterers…
Incat Crowther-Design Motor Yacht Elysian Splashes
Construction on a new 24-m catamaran is complete with Elysian set to enter service for its private owners. The project has seen Incat Crowther collaborate with the owner throughout all aspects of the project including design, the shipyard tendering process, and by providing technical support during construction. The new vessel was constructed by Mason Marine Industries in Bundaberg, Queensland, Australia.The motor yacht…
Is EU Spending $250B-per-year Spending on US Energy Realistic?
Analysts question feasibility as framework trade deal outpaces current U.S. export capacityThe European Union’s commitment to purchase $250 billion in U.S. energy supplies annually under a new trade framework with Washington faces significant market challenges, according to analysts and industry observers.The agreement, announced Sunday, includes 15% U.S. tariffs on most EU goods and a pledge by the EU to dramatically scale up imports of U.S.
Shipbuilding Central to South Korea Push for US Trade Deal
South Korean Finance Minister Koo Yun-cheol said on Tuesday he would seek a mutually beneficial trade deal when he meets U.S. Treasury Secretary Scott Bessent for talks this week, just days before an August 1 deadline expires to avoid punishing tariffs.Speaking at the airport before departing for Washington, Koo said he would propose at Thursday's meeting a "program" South Korea had prepared and consult on areas where they could cooperate in the mid-to-long term…
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