American Petroleum Institute – the largest oil and gas lobby in the US – is preparing to lobby the coming Trump government for more lenient drilling permits at sea, writes Financial Times.
Jack Gerard, the chairman of American Petroleum Institute, calls the government change and the Republicans' coming dominance in Congress an opportunity which only arises once in a generation.
More from ShippingWatch
A VAT dispute in Latvia has now left ferry operator DFDS with millions of kroner in extra costs and a future of navigating a bureacratic minefield. However, the Danish carrier predicts challenges throughout the industry: ”It is only when it’s actually happening, that you realize it is a problem,” warns the company’s indirect tax manager.