U.S. Court Orders EPA to Rewrite Ballast Water Discharge Rules

Photo: IMO

  By Jonathan Stempel NEW YORK, Oct 5 (Reuters) - A federal appeals court in New York ordered the government to rewrite its rules regulating the discharge of ballast water by ships, in a victory for environmental groups that said the rules were too lenient and threatened the nation's waterways. The 2nd U.S. Circuit Court of Appeals on Monday said the Environmental … [Read more...]

Russia and United States Square Off Over Arctic

The U.S. Coast Guard heavy icebreaker Polar Star. File Photo: U.S. Coast Guard

  By David Axe Oct 5 (Reuters) - President Barack Obama's recent trip to Alaska helped draw attention to global climate change - and to the national-security tensions that could result from a warming Arctic region. Surveyors believe that the seabed under Arctic waters could contain hundreds of billions of barrels of untapped oil. As the North Pole becomes more … [Read more...]

Baltic Dry Index Slips as Demand Falls Across All Vessels

Photo: Shutterstock/tcly

Oct 5 (Reuters) - The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Monday as demand dropped across all vessel categories. The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, dropped eight points, or 0.9 percent, to 881 … [Read more...]

Port Hedland Iron Ore Hits Record High in September

Port Hedland

  SYDNEY, Oct 2 (Reuters) - Australia's Port Hedland on Friday reported record monthly iron ore shipments of 39.3 million tonnes in September, an 8-percent rise from a year ago and slightly above the August level. Most of the ore is shipped each month to steel mills and ports in China, though figures on individual destinations were not released by the Pilbara Ports … [Read more...]

Hurricane Joaquin Strengthens But Threat to U.S. East Coast Reduced

NOAA's GOES-East satellite captured this visible image of Hurricane Joaquin affecting the Bahamas on Oct. 1 at 1255 UTC. Credits: NASA/NOAA GOES Project

  By Neil Hartnell NASSAU, Oct 1 (Reuters) - Powerful Hurricane Joaquin, which battered the Bahamas with torrential rain, powerful winds and storm surges on Thursday, is now seen as less likely to pose a major threat to the U.S. East Coast, the U.S. National Hurricane Center said. As U.S. officials raced to prepare for possible landfall early next week, three … [Read more...]

Senate Panel Passes Bill to Lift U.S. Crude Exports But Future Uncertain

Photo: Shutterstock/Montenegro

  By Timothy Gardner WASHINGTON, Oct 1 (Reuters) - A bill to lift the 40-year-old ban on U.S. oil exports passed the Senate Banking Committee on Thursday, but the future of the measure is uncertain in the full chamber, after a controversial amendment was added to it. The bill, sponsored by Senator Heidi Heitkamp a Democrat from oil-producing North Dakota, passed … [Read more...]

Satellite Images May Show China’s First Domestically Built Aircraft Carrier

China's first aircraft carrier

  BEIJING, Oct 1 (Reuters) - New satellite images show China may be building its first indigenous aircraft carrier in the northeastern port of Dalian, according to IHS Jane's Defense Weekly, which has released the pictures. Little is known about China's aircraft carrier programme, which is a state secret, though Chinese state media have hinted new vessels are being … [Read more...]