Imports to the busiest U.S. container port in Los Angeles hit the second-highest level in history during May, as retailers rushed in products like plastic school supplies before cargo ship owners start recouping higher fuel costs from the Iran…
Container Imports Soar at Port of Los Angeles Read More »
A Russian frigate fired warning shots to divert a UK-flagged civilian yacht near British territorial waters on Tuesday, according to statements from Russia’s Defence Ministry and Britain’s Ministry of Defence.The Russian ministry said the crew…
Russian Frigate Fired Warning Shots to Avert Yacht Collision Read More »
The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guide convoys to awaiting tankers.The operation…
The U.S. is Using Iranian Oil Smuggling Tactics Read More »
Spot premiums for crude and some refined products in Asia, Europe and Africa have fallen back following a U.S.-Iran deal to end the Middle East conflict, though caution about how soon normal shipping can resume is providing a floor for oil markets.Pric…
Spot Oil Premiums Fall After US-Iran Deal Read More »
Italy’s business lobby Confindustria has called for emergency action from the government to speed up the roll-out of renewable energy in the country, which is grappling with much higher power costs than in most of Europe.The recent increase…
Italian Business Lobby Calls to Speed up Roll-Out of Renewables Read More »