Singapore remains at the top of the International Shipping Centre Development (ISCD) Index for the fifth consecutive year. The index covers 43 of the world's largest ports and cities and is published today by the Baltic Exchange and Xinhua, China's news agency.
The EU Council has prolonged economic sanctions targeting the financial, energy and defence sectors, and the area of dual-use goods of the Russian economy until 31 January 2019. The Council unanimously adopted this decision by written procedure, on 5 July 2018.
The newly construced hull of the 'RRS Sir David Attenborough' is now on the Cammell Laird yard in Birkenhead, awaiting to be launched. If the preparations go as planned, the polar ship will slide into the River Mersey on Saturday, July 14.
As China's domestic energy consumption has grown, the country has become a significant destination for US energy exports. Namely, China has been among the largest importers of US exports of crude oil, propane, and LNG.
Iran on Tuesday criticised India for not fulfilling its promise of making investments in expansion of the strategically located Chabahar port and said New Delhi will stand to lose “special privileges” if it cuts import of Iranian oil.
Eleven foreign-flagged ships were under detention in UK ports during June 2018, after failing Port State Control (PSC) inspection, according to data provided by the UK Maritime and Coastguard Agency (MCA).
The United States has decided to impose tariffs on $200 billion worth of imports from China after efforts to negotiate a solution to the trade dispute failed to reach an agreement, senior administration officials said on Tuesday.