Gabon Unveils Lucina Terminal As Key Oil Export Hub

Gabon Unveils Lucina Terminal As Key Oil Export Hub

Lucina Terminal, a significant oil export port in Gabon, is located near Mayumba in Nyanga Province. It is known for its unrestricted draft and efficient oil loading capabilities. Operating 24 hours a day, this port is a crucial hub for Gabon's oil economy, and understanding it provides insight into the country's overall economic situation. Other important Gabonese ports, such as Cape Lopez and Port-Gentil, also support the nation's foreign trade. The port plays a vital role in the West African shipping landscape due to its strategic location and oil handling capacity.

US Small Businesses Face Bankruptcy Amid Rising Tariffs

US Small Businesses Face Bankruptcy Amid Rising Tariffs

US small and medium-sized enterprise importers are facing a survival crisis due to tariffs. Surveys show that high tariffs severely impact corporate profitability, even leading to bankruptcy. While companies attempt to shift sourcing locations, the effect is limited, and policy uncertainty further exacerbates the situation. There are no winners in a tariff war; open cooperation is the path to mutual benefit and win-win outcomes. The impact is particularly pronounced on smaller businesses lacking the resources to absorb the increased costs or navigate complex supply chain adjustments.

Croatias Maslinica Port Expands Coastal Shipping Network

Croatias Maslinica Port Expands Coastal Shipping Network

This paper provides an in-depth analysis of the geographic location, shipping characteristics, and role of the Croatian port of Maslenica within Croatia's maritime system. Although small, the port is crucial for local fishing and tourism industries. The article also outlines Croatia's major seaports and envisions the future development direction of Maslenica port, including upgrading facilities, expanding services, and strengthening cooperation. It highlights the port's significance despite its size and its potential for future growth within the broader Croatian maritime context.