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Markets 2 weeks ago
Six vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on front lines
Explosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member on Wednesday, after projectiles struck four vessels in Gulf waters, said port, maritime security and risk firms.
Americas 5 months ago
US threatens visa restrictions, sanctions against nations backing shipping emissions plan
UN member nations are scheduled to vote next week on the International Maritime Organization's Net-Zero Framework proposal to reduce global carbon dioxide gas emissions from the international shipping sector, which accounts for close to 3 percent of global greenhouse gases.
Economy 11 months ago
PREMIUM
Businesses fret over rising shipping costs amid US-China trade war
If China exports fewer goods to the US, he said, there will be fewer containers in the trade path between the two countries, which would reduce the availability of containers for shipments to other destinations.
Perspectives 2 years ago
PREMIUM
Maritime policy spells a quick win for the next president
As a maritime nation, Indonesia's next leader needs a strong policy to enhance the country's position at the global maritime table and capitalize on the untapped potentials of its abundance of marine resources, including renewable energy sources, so it transforms into a strong and prosperous country.
Markets 2 years ago
Growing tanker fleet, cheaper freight challenge Russian oil price cap
The arrival of new shippers working outside the purview of Western governments allows Russian firms to earn more than the $60 per barrel cap that the US and its allies had aimed to impose on Russia through sanctions.
Regulations 3 years ago
EU split on Russian oil price cap level, talks to resume Thursday
Earlier on Thursday representatives of the EU's 27 governments met in Brussels to discuss a G7 proposal to set the price cap in the range of $65-$70 per barrel, but the level proved too low for some and too high for others.
