West P&I: Sanctions on Russian Insurer Could Impede Claims
The UK-based P&I club West has warned its shipowning customers that it may not be able to pay out in…
Search for Longliner’s Four Missing Crew Called Off Due to Weather
The government of the Falkland Islands has decided to suspend search and recovery operations for the last missing fishermen from…
Mineral-Rich Nodules Produce "Dark" Oxygen in the Abyss
Researchers funded by a polymetallic nodule mining company appear to have discovered an entirely new source of oxygen production in…
Expansion Mode
Move over Baltimore, Georgia wants a larger piece of the marine ro-ro action. In fact, the Georgia Port Authority (GPA)…
Video: Philippines Race to Control Oil Spill as Tanker Sinks in Manila Bay
Philippine officials said they are “racing against time” to prevent an environmental disaster in Manila Bay after a fuel oil…
G20 to back progressive taxation, without endorsing ‘billionaire tax,’ sources say
G20 finance leaders meeting in Brazil are preparing a joint statement for Thursday in support of progressive taxation that will…
Greek private sector bank deposits rise further in June
Greek business and household bank deposits rose further to 194.8 billion euros ($211.42 billion) in June from 190.91 billion euros…
Traders see Fed waiting until September for first interest-rate cut
Federal Reserve policymakers are seen leaving their short-term interest-rate target in the 5.25%-5.50% range next week and waiting until September…
US weekly jobless claims fall more than expected
The number of Americans filing new applications for unemployment benefits fell more than expected last week as distortions from the…
Egypt launches tender to import 5 LNG shipments
Egypt has launched a new tender to import five shipments of liquified natural gas (LNG) for delivery in August and…