Russia pulls out of Black Sea Grain Initiative
Wheat, corn and soybean prices all rose today on the news that Russia has not extended its participation in the UN sponsored Black Sea Grain Initiative. With Russia no longer on board,
JP Morgan
MSC: Bloomberg gets it wrong on MSC Gayane coke bust story
Mediterranean Shipping Company (MSC) says it is “aware of” a mid-December 2022 Bloomberg media story about the 2019 incident in which the 10,766 TEU MSC Gayane became the largest vessel ever seized
Containership coke bust case engineer gets 70 month prison term
Vladimir Penda, 27, the former fourth engineer of the containership MSC Gayane, was today sentenced to five years and 10 months in prison plus two years of supervised release on charges of
MSC Gayane fourth engineer pleads guilty in cocaine bust case
Vladimir Penda, 27, a national of Montenegro, yesterday entered a plea of guilty in the U.S. District Court for the Eastern District of Pennsylvania on charges of conspiracy to possess with intent
J.P. Morgan shipping fund raises $480 million, buys 14 ships
JUNE 22, 2017 — Will institutional investors step in to fill the vacuum left as banks flee the ship financing market? J.P. Morgan Asset Management today announced the closing of its Global