14
Wed, Jan

Maersk Names New Regional President for North America

A.P. Moller - Maersk has appointed Ditlev Blicher as the new Regional President for North America, effective January 1, 2026.Blicher assumes the role after most recently serving as the company’s Regional President
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Panama Canal Commemorates 26 Years of National Administration

The Panama Canal Authority (ACP) has commemorated 26 years of Panamanian administration, marking a new anniversary since its transfer at noon on December 31, 1999.The Authority says this historic milestone was a
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Venezuela to Cut Oil Output

Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S. oil blockade that has reduced exports to zero, piling
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Latvia Police Board Vessel After Baltic Sea Cable Breach

An undersea telecoms cable was damaged in the Baltic Sea on Friday, and Latvian investigators on Sunday boarded a ship in connection with the incident, the country's state police said in a
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Empire to File Injunction Against Lease Suspension Order

Empire Offshore Wind LLC (Empire) filed a civil suit in the U.S. District Court for the District of Columbia today, January 2, 2026, challenging the U.S. Department of the Interior’s order directing
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Finland Advances Cable Breach Investigation with Arrests

Finnish police said on Friday they had made progress in a criminal investigation into damage caused to an undersea telecommunications cable owned by operator Elisa.Police seized the cargo vessel "Fitburg" on Wednesday while it was en route from…
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Oil Prices Fall After Biggest Annual Loss Since 2020

Oil prices dipped on the first day of trade in 2026 after registering their biggest annual loss since 2020 as investors weighed oversupply concerns against geopolitical risks including the war in Ukraine and
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Petrobras FPSO Initiates Búzios 6 Production

The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the
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Japan Tests Deep Seabed Mining of Rare-Earth Mud

Japan will conduct test mining of rare-earth-rich mud from the deep seabed off Minamitori Island, some 1,900 kilometres (1,180 miles) southeast of Tokyo, from January 11 to February 14, the head of
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