Marooned on Rough Waters: Inside the Rescue of the MSC Elsa 3 Near Kochi

blogFcontent imagesF MSCELSA

Growing up near the water, one learns to respect both its beauty and its bite, but few ever witness a drama quite like what unfolded off the coast of Kochi. Imagine glancing at the horizon and spotting a container ship tilted precariously, battered by waves that won’t let up—a real-life reminder that the sea’s moods […]

Brazilian state moves to develop offshore wind energy and green hydrogen projects

Iberdrola offshore wind x

  The government of the Brazilian state of Rio Grande do Sul signed a three-year memorandum of understanding last week with Neoenergia, a subsidiary of Iberdrola, to pursue the development of offshore wind power and a project for the production of green hydrogen. The MOU calls for cooperation in other opportunities related to energy or […]

Rate for benchmark capesize bulker route for Brazilian iron ore falls 19% in a week

iron ore cape size

Rates for most of dry bulk shipping remain relatively steady as China’s industrial sector keeps still 21 October 2022 17:00 GMT UPDATED  21 October 2022 17:00 GMT By Michael Juliano   in    Stamford  The average spot rate for the benchmark iron ore route between Brazil and China fell over the past week as China’s industrial sector remained still. The rate […]

Port of Santos privatisation to include mega container Terminal

Porto de Santos

According to the Minister, the operation draft should be ready to go to the plenary of the audit court TCU by the end of November. If approved, the Ministry expects the call for bids to be published in early December. A total of $4.7bn (BRL25bn) should be invested throughout the entire privatisation process. Marcelo Sampaio […]