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Severe Western Sanctions are Likely to Pummel the Russian Economy

Severe Western Sanctions are Likely to Pummel the Russian Economy

The Biden administration, in extraordinary and rapid cooperation with allies over a period of three days, has doubled down on its vow to impose “severe sanctions” against Russia for its military aggre...

UK Closes its Ports to Russian Shipping with EU Expected to Follow

UK Closes its Ports to Russian Shipping with EU Expected to Follow

In the continuing effort to use economic and trade sanctions to punish Russia for the invasion of Ukraine, the United Kingdom confirmed earlier rumors that it is requesting all its ports to turn away...

Maritime UK Launches First Pride in Maritime Day

Maritime UK Launches First Pride in Maritime Day

[By: Maritime UK] Maritime UK, the umbrella body for the maritime sector, is today (Monday 28 February) launching the first national Pride in Maritime Day. Pride in Maritime Day is an initiative...

Turkey Takes First Step Towards Closing the Bosporus to Russia

Turkey Takes First Step Towards Closing the Bosporus to Russia

On Sunday, Turkey's government began referring to the Russian invasion of Ukraine as a "war," a designation that invokes its legal authority to close the Bosporus to warships. "On the fourth day of...

BOEM Identifies Three Potential Wind Lease Areas Off Oregon

BOEM Identifies Three Potential Wind Lease Areas Off Oregon

The U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM) has selected three areas off the coast of southern Oregon for potential offshore wind development, and its picks have att...

Will Putin Cut Energy Supplies to Retaliate for Western Sanctions?

Will Putin Cut Energy Supplies to Retaliate for Western Sanctions?

[By David Uren] While the battle for Kyiv rages, the economic war between Russia and the nations of the West has barely begun. The US, the EU and their allies are concentrating their economic at...

U.S. Navy Tests Out Mini-ROV for Inspecting Ballast Tanks

U.S. Navy Tests Out Mini-ROV for Inspecting Ballast Tanks

The U.S. Navy is testing out the use of small remotely operated vehicles (ROVs) to carry out ballast tank inspections without first draining the tanks. If successful, the technology could help reduce...

BP Dumps its Ownership Stake in Rosneft

BP Dumps its Ownership Stake in Rosneft

British oil major BP announced Sunday that it is divesting its 20 percent stake in state-controlled Russian oil and gas company Rosneft. BP, once one of the largest foreign investors in Russia, wil...

Russian Forces Seize Port of Berdyansk

Russian Forces Seize Port of Berdyansk

The Ukrainian government has confirmed that the port of Berdyansk has fallen to Russian forces. The nearby port of Mariupol remains under seige.  The mayor of Berdyansk, Oleksandr Svidlo, said that...

FIT Welcomes New Service from CMA CGM to Port Everglades

FIT Welcomes New Service from CMA CGM to Port Everglades

Florida International Terminal (FIT), a terminal operated by SAAM at Port Everglades, welcomed CMA CGM’s new service: CAGEMA Main Loop 2. The new service will be the only port of entry into the Uni...