The US Bureau of Ocean Energy Management (BOEM) has rescinded all designated Wind Energy Areas (WEAs) on the U.S. Outer Continental Shelf (OCS).BOEM says the action is being taken in accordance with Secretary’s Order 3437 – Ending Preferential Treatmen…
US Cancels Designated Wind Energy Areas Read More »
The U.S. Treasury Department announced fresh sanctions on Wednesday on over 115 Iran-linked individuals, entities and vessels, in a sign the Trump administration is doubling down on its “maximum pressure” campaign after bombing Tehran’s key…
US Hits Iranian Shipping Network with New Sanctions Read More »
Panama’s comptroller general, Anel Flores, said on Wednesday he had filed suit to the nation’s Supreme Court against a contract to operate ports near the Panama Canal, held by a local firm controlled by Hong Kong-based CK Hutchison.Flores said…
Panama Auditor Files Suit to Scrap CK Hutchison-Controlled Port Contract Read More »
Judge rules against shipowner who blames VLCC arrest on bank’s refusal to issue letter of enjoyment
Swiss bank UBS wins court fight with shipowner Ghassan Ghandour over tanker arrest Read More »
Market dips in third quarter so far but seasonal upswing expected
Teekay Tankers adds to flurry of S&P deals as it reports posts profit dip Read More »