Following the devastating hurricane Dorian, all ports in the Bahamas reopened and are operating in Nassau. Yet, officials reported that relief procedures are beginning to accelerate because the supplies in some of the most impacted areas are running low.
Loadsmart, digital freight technology company, raised $19 million to embark on a major initiative, enhancing the flow of freight through American ports. Taking part in the initiative are Ports America and Maersk Growth as investors. This investment is in line with Loadsmart’s series A round in late 2018, totalling the funding at $53.4 million.
Iran has seized a tugboat which was allegedly smuggling fuel on Saturday, September 7, and detained its 12 Filipino crew. Iranian TV reported that the vessel was transmitting about 284,000 litres of diesel. Iran hasn’t provided additional information for the vessel, as under which flag its flying.
According to EIA, the liquefied natural gas exports from the US rose over the week ending September 4, as 12 LNG tankers had departed from US facilities, all of them carrying capacity of 43 billion cubic feet of LNG, increased by four cargoes in comparison to the previous week.
In an updated FAQs document, US OFAC clarifies that, even for vessels carrying lawful cargo to and from Iran, the provision of bunkers is unlawful and subject to US secondary sanctions, wherever it takes place, in the event the bunkering operation involves, inter alia, US financial institutions.
In light of the devastating aftermath of the Hurricane Dorian, the cruise industry is helping and offering support to the Bahamas. The Abaco Islands and Grand Bahama Island were hit by the storm, which made landfall as a Category 5 hurricane and lingered in the area for days.
The Hurricane Dorian left damages behind, while passing the Bahamas, coasts of Florida and Mid-Atlantic states. The storm affected cruise itineraries, including heavy weather diversions, delays and cancellations. The storm is off Cape Fear, and it is expected to weaken as it heads offshore towards Nova Scotia and Newfoundland.
While Hurricane Dorian has already passed through the Bahamas causing major disruptions in the area, and also left Florida with little effect, Dorian is now heading for the Mid-Atlantic causing wind and rain to Georgia and the Carolinas.
As Hurricane Dorian is moving from Bahamas to Florida’s coast, the USCG is supporting the Bahamian National Emergency Management Agency and the Royal Bahamian Defence Force having deployed four helicopter aircrews to help with the search and rescue operations. USCG informs that they have already conducted 18 search and rescue operations and have saved more than 110 people.
Global wind turbine order intake increased 111% year-on-year (YoY), overtaking the previous record set in Q4 2018 by 13.2GW, according to energy consultant Wood Mackenzie. Developers globally ordered a record 31GW of wind turbine capacity in Q2 2019.
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