The maritime sector in Latin America and the Caribbean is facing unprecedented challenges as climate disruptions, freight rate volatility, and connectivity issues deepen trade inequalities, especially for small island developing states (SIDS), the United Nations Conference on Trade and Development (
Hibiscus Petroleum has confirmed that facilities related to a decommissioned oil field infrastructure, which reached the end of its service life, have got a new lease on life thanks to a rig-to-reef project off the coast of Malaysia.
