The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Friday, steered by strong gains in the capesize vessel segment.The index, which factors in rates for cap…
Baltic Index Gains Again on Capesize Strength Read More »
A Panama-flagged tanker carrying around 99,000 metric tons of oil lost speed and was drifting off Germany’s Baltic Sea coast near the island of Ruegen, prompting emergency services to take control and send a tug boat, emergency services said…
Oil tanker adrift off Germany’s Baltic Sea coast Read More »
A tugboat has stopped a tanker carrying around 99,000 metric tons of oil from Russia from drifting out of control off Germany’s Baltic Sea coast near the island of Ruegen, emergency services said on Friday.The 274-metre (899-foot) Panama-flagged tanker…
Germany Secures Drifting Tanker off Baltic Coast Read More »
Today, the Bureau of Ocean Energy Management (BOEM) announced a final rule that implements the 2025 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations in accordance with Federal law.The Federal…
BOEM Boosts Monetary Penalties for Oil & Gas firms Read More »