Commodity trader Mercuria is suing the Baltic Exchange, the world’s top provider of benchmark shipping indices, over losses it said were caused by oil tanker pricing data that did not account for the effective closure of the Strait of Hormuz…
Baltic Exchange Sued Over Hormuz Freight Losses Read More »
Ship managers and a tanker are also blacklisted in latest effort to pressure Tehran
A strong majority of countries pushed in favour of the plan to hit net-zero emissions by 2050
Shipping’s decarbonisation drive back on track, says IMO Read More »
The Chouest Group announced it has completed the acquisition of the Alliance business from Helix Energy Solutions Group. Alliance will be integrated into Champagne Energy Solutions (CES), expanding the Group’s offshore decommissioning and plug…
Chouest Group Acquires Alliance Business from Helix Energy Solutions Group Read More »
When Iran closed the Strait of Hormuz, the Administration had a real problem on its hands. I understand why a White House would want to move fast, but moving fast and moving smart are not the same thing. This week the Administration extended the curren…
Op-Ed: The Jones Act Waiver, A Gift to China and NATO’s Iran Onlookers Read More »