UK’s Parliament Probes Russian Oil Exploration in Antarctica
As part of its ongoing examination of the UK’s interests in Antarctica, the House of Commons’ Environmental Audit Committee (EAC)…
Australia to Phase Out All Live Export Within Four Years
The government of Australia plans to say farewell to the continent’s dwindling live export trade, and will introduce legislation to…
China May Be Starting Work on Another Artificial Island in S. China Sea
The government of the Philippines is dispatching a coast guard cutter to investigate suspected Chinese island-building activity at Sabina Shoal,…
Quality of Service
“We have about 450 ships under various forms of management now,” says President & CEO Mark O’Neil in a recent…
U.S. Air Force Carries Out Two Ultra-Long-Range Medevacs in Two Weeks
Over the last two weeks, the U.S. Air Force’s pararescue division carried out two long-distance medevacs to save cruise ship…
Interest rates start to fall in Europe as the Fed lags
Global central banks that moved together to battle inflation are starting to scatter, with European rate setters turning dovish while…
FMC clarifies language around ocean carrier-drayage provider billing
Two weeks before new rules around detention and demurrage billing go into effect, the US Federal Maritime Commission has told…
Independent refiners likely to cut May fuel oil imports amid low margins
China’s independent refiners are likely to cut their fuel oil imports in May amid weak cracking margins and higher import…
Canada at last stages of starting major shipments of gas, LPG to Asia
The first export cargo from Canada is destined to set sail early 2025 from Kitimat in British Columbia along the…
Asian LNG buyers seek to lower long-term contract slopes as markets shift
Asian LNG importers are negotiating hard to bring down lower oil-linked price slopes of long-term LNG contracts amid expectations of…