While political winds in the U.S. have significantly tampered many ‘green’ projects, Curtin Maritime is domiciled in California, which is globally known for its strict environmental initiatives. To that end, Curtin Maritime inked a contract recently to invest $160m for eight new hybrid-electric tugboats, vessels being built by Snow & Co.
Three cabinet-level South Korean officials met U.S. Commerce Secretary Howard Lutnick in Washington for trade talks, Seoul said on Wednesday, as top business leaders were also reported to be flying in to help lobby for a deal on U.S. tariffs.South Korean Finance Minister Koo Yun-cheol joined Industry Minister Kim Jung-kwan and Minister for Trade Yeo Han-koo
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry executives said.The leader of Yemen's Houthis said on Thursday that the Iran-aligned group would monitor the implementation of a ceasefire deal between Israel
Samsung Electronics, Hyundai Motor and other major South Korean manufacturers on Sunday unveiled domestic investment plans, as a U.S. trade deal raised concern investment in the U.S. could weaken manufacturing at home.Samsung Electronics will add a chip production line at its plant in the South Korean city of Pyeongtaek to meet rising demand amid the global boom in artificial intelligence