The Mexican ship which crashed into New York's Brooklyn Bridge over the weekend did not make distress calls before ramming into the bridge, the head of Mexico's navy said on Tuesday, but rather called for support.Navy chief Raymundo Morales, speaking at Mexican President Claudia Sheinbaum's morning press conference
Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater market showing signs of weakness and contract opportunities becoming scarcer, reactivating these units is proving even more challenging.
U.S. President Donald Trump has postponed a phone call with Panamanian President Jose Raul Mulino due to last-minute changes in the U.S. leader's agenda, Panama's government said on Friday, amid tensions over U.S. threats to take over the Panama Canal.Panama's foreign office will share details on the new date once it has been coordinated, the government said.Mulino has accused the U.S.
Panama's comptroller general, Anel Flores, said on Wednesday he had filed suit to the nation's Supreme Court against a contract to operate ports near the Panama Canal, held by a local firm controlled by Hong Kong-based CK Hutchison.Flores said the two suits were to declare the unconstitutionality and to nullify the contract to operate the Balboa and Cristobal ports.
Argentina loosened safety regulations on shipments traveling along a key grains transport river, a move which could boost cargo moved through the waterway up to 7%, the nation's security minister said on Monday.Ships traveling along the Parana-Paraguay waterway will now be able to carry more cargo, Security Minister Patricia Bullrich said on X
The Argentine government will call for a national and international public tender to privatize its stretch of the Paraguay-Parana waterway through a 30-year concession, cabinet chief Guillermo Francos said on Tuesday.The waterway, a natural river corridor that extends through the Parana and Paraguay rivers, is a key transport route to the sea from inland areas of Paraguay