End of days for LNG steamships: SK Shipping breaks cover with unprecedented four-ship scrap deal
Shipowner singlehandedly more than doubles sector’s annual recycling tally in one swoop
Royal Navy Tracks Two Russian Task Forces Through UK Waters
The Royal Navy, Royal Fleet Auxiliary and RAF have maintained constant watch on two Russian naval task groups passing the…
EU’s Maritime Spatial Plan for the Aegean Angers Turkey
Following a recent update of maritime spatial planning (MSP) maps in the European MSP Platform, Turkey has expressed displeasure with…
Crude Behavior: What Are Oil Prices Telling Us?
In the eight weeks from early August to mid-September, America’s benchmark oil price (West Texas Intermediate) fell from the mid-$80s…
OSG’s CEO Proposes One-Cent Export Tax to Fund U.S. Tankers
In the event of a major war in the Western Pacific, U.S. forces are going to need fuel, and a…
Navy Officials Missed Multiple Chances to Avoid Red Hill Disaster
The Pentagon’s inspector general has concluded that the U.S. Navy didn’t understand the spill risks involved in operating its Red…
U.S. Credit Environment May Shift with Broad Policy Changes
Shifts in the U.S. credit environment are possible if Donald Trump’s campaign platform is implemented as proposed, with tariff hikes,…
Fragile countries make $20 billion climate finance push at COP29, letter says
A group of conflict-affected countries is pushing at COP29 to double financial aid to more than $20 billion a year…
Decent US trends leaves December rate cut chances in the balance
Consumers just keep on spending US retail sales rose 0.4% month-on-month in October, a touch higher than the consensus 0.3%…
Carsten: What a second Trump term means for you
Now’s not the time to be naive At least it’s over. An election full of superlatives, over-analysis and bombast that…