Coast Guard Cutter Munro Delivers 34,000 Pounds of Cocaine to San Diego
The crew of the U.S. Coast Guard cutter Munro has delivered a massive 34,000-pound haul of cocaine to the pier…
Ørsted Agrees to Pay $125M Settlement to Cancel New Jersey Wind Farms
Seven months after announcing it was walking away from two large offshore wind farms planned for New Jersey, Ørsted and…
Cyprus Terminates Larnaca Port Concession Over Development Dispute
The Government of Cyprus in an ongoing dispute with the long-time leaseholder at the port of Larnaca announced it has…
Ecuadorian Coast Guard Vessel Sinks After Busting Smuggling Boat
A good samaritan vessel has safely rescued the crew of the coast guard patrol vessel Isla Santa Cruz, which went…
Chinese Coastal Carrier Orders Largest Pure Electric Containerships
China is continuing to push forward with its efforts to develop electric propulsion for shipping. At the beginning of the…
UK Asks Brokers to Give Up Profitable "Dark Fleet" Tanker Sales
More than a few Western tanker brokers have had a profitable run since the imposition of restrictions on Russia’s oil…
Climate debate intertwined with cost-of-living concerns as EU elections loom
Shaken by several crises in the past five years, EU citizens voting in the bloc’s elections in June will be…
Past ECB bond buys may have blunted rate hikes’ impact, Schnabel says
The European Central Bank’s massive bond purchases in the recent past may have blunted the impact of its subsequent interest…
EU 2023/24 soft wheat exports reach 27.8 mln T, down 4% on year
Soft wheat exports from the European Union since the start of the 2023/24 season in July had reached 27.8 million…
U.S. biodiesel imports have doubled since 2022 due to low prices in Europe
Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 barrels per day (b/d) and continued to rise in…