Dry Bulk Market: Capesize Market Under Pressure
Capesize This week, the Capesize market saw a steady decline, with the BCI 5TC beginning at $25,773 and dropping daily,…
US soy exporters off to worst new-crop start in 23 years amid China’s absence
The upcoming U.S. soybean harvest is expected to approach record levels, but exporters had sold practically none of it as…
Hamburg First in Europe to Supply Shore Power for Containerships
The drive to eliminate shipping emissions at berths is now extending to containerships with the port of Hamburg becoming the…
Russia Teams with China for Development of the Northern Sea Route
Russia is seeking Chinese support in the development of its Northern Sea route. While briefing President Putin during a state…
USS Leyte Gulf Completes Last Deployment as Ticonderoga Class Nears End
The guided-missile cruiser USS Leyte Gulf returned to Naval Station Norfolk, on May 17, completing its final deployment after 37…
US Competition Selects Finalists in Floating Offshore Wind Technologies
The U.S. Department of Energy selected the finalists in its ongoing competition to promote the development and commercialization of technologies…
Yellen to push G7 on bond for Ukraine backed by frozen Russian asset profits
U.S. Treasury Secretary Janet Yellen will push fellow G7 finance officials next week to agree to a plan to bring…
Ukraine Says Naval Forces Destroyed Another Russian Warship
For a country without a large naval presence, Ukraine continues to report a string of successes against the Russian Navy.…
New coalition in The Netherlands brings clear break with past economic policies
For the economy and business policies, the coalition is somewhat more ‘laissez-faire’ than the previous one. We see less regulation,…
Winds of Change for Energy Ports
The global production of energy has taken a new twist: It has to be cleaner. Reducing carbon emissions and reaching…