Baltic index extends falls to hit two-week low
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell for a fourth…
Swan Hellenic Regains Ship After Long Legal Battle Over Russian Sanctions
Expedition cruise line Swan Hellenic has finally been able to regain its flagship, the SH Minerva, after an exasperating three-year…
U.S. Launches Largest Sanction Package Targeting Iranian Trade Since 2018
More than 50 individuals and entities, as well as 50 ships ranging from tankers to containerships, are being designated in…
After Trump’s Complaints, BOEM Rescinds All US Offshore Wind Study Areas
The U.S. Bureau of Ocean Energy Management has rescinded all Wind Energy Areas (WEAs), the designated study areas for offshore…