Iron ore hits 3-week low on firmer supply, softer steel outlook
Iron ore futures prices fell to a three-week low on Thursday, as supply of the key steelmaking ingredient remained firm…
Baltic index gains on higher capesize, panamax rates
The Baltic Exchange’s main sea freight index rose on Thursday, helped by rising rates across the capesize and panamax segments.…
Report from a red state: mixed feelings from New Orleans on Trump
Finance panel features views on offshore wind, Jones Act and more
Two Somali Pirates Get 30 Years in Prison for Kidnapping a Journalist
Two Somali pirate leaders have been sentenced to 30 years in federal prison for their role in kidnapping and holding…
Europe Parliament Calls for Crackdown on Russia’s Shadow Fleet
The members of the European Parliament on Thursday, November 14, overwhelmingly approved by a show of hands a new resolution…
Denmark Bans Scrubber Discharge While Working Toward a Baltic-North Sea Ban
Denmark is joining the growing list of countries placing a ban on the discharge of scrubber discharge into its territorial…
Ukraine Kills Senior Officer From Russia’s Black Sea Fleet
Ukrainian agents have killed a top officer from one of Russia’s Black Sea missile-boat squadrons in Sevastopol, taking revenge for…
Efforts Push Forward for California Offshore Wind Despite Uncertainties
Both at the federal and local level efforts are continuing to push forward for the potential development of offshore wind…
US Sanctions Syrian Company and 13 Tankers Involved with Iranian Oil Trade
The Biden administration is continuing to use sanctions to pressure Iran and target the sources of funding for both Iran…
Convicted Nigerian Pirate Charged Again for Second Hijacking
A Nigerian pirate who was convicted and sentenced for hijacking a Dutch freighter has been charged again in connection with…