U.S. seeks seizure of Venezuela-bound Iranian gasoline from four Greek-managed tankers The U.S. Department of Justice has filed a forfeiture warrant and complaint seeking the seizure of all Iranian petroleum products aboard four Greek-managed, Liberian-flagged tankers currently headed for Venezuela. The ships are
Russian shipyard is another step nearer to building ARC7 LNG carriers Russian plans to build ARC7 class LNG carriers domestically are moving forward. Paris-headquartered LNG containment system specialist GTT has signed a Technical Assistance and License Agreement (TALA) with the Russian shipyard Zvezda
Drew Marine to acquire CHEMO Hellas, S.A. Naugatuck, Conn., headquartered Drew International, parent company of Drew Marine, has reached an agreement to acquire all outstanding, ordinary, registered shares of CHEMO Hellas, SA, a niche marine chemical provider headquartered in
Nautical Institute elects new President At its 2020 Annual Meeting, held today, the Nautical Institute elected Jillian Carson-Jackson as its new President, succeeding Captain Nick Nash. Jillian Carson-Jackson, FNI, FRIN commenced her career in the Canadian Coast
Self-quarantine crucial for Singapore crew changes GAC Singapore reports that after a signing-on crew member was found positive for COVID-19 on arrival in Singapore, the Maritime and Port Authority (MPA) had to muster significant resources to trace travelers
USCG fines vessel that failed to provide Notice of Arrival Coast Guard Sector Juneau, Alaska, say that a foreign-flag vessel has been fined for failing to submit a Notice of Arrival in accordance with ports and waterways safety regulations. The Coast Guard
Pirates abduct nine from BW Offshore FPSO BW Offshore reports that, at approximately 4:20 am local time today, FPSO Sendje Berge was subject to an attack by pirates offshore Nigeria in which nine Nigerian nationals were kidnapped. It said
Dry bulk FFA trading set for record on 'crazy' year for volatility Market is expecting a 'big' correction to come, dry bulk FFA brokers say on webinar
Greek tankers removed from Venezuela blacklist Four companies benefit - Thenamaris, NGM Energy, Chemnav and Eurotanker
Vessel attacked with explosives, nine kidnapped Security consultancy Dryad Global said the manner and target of the attack were unusual for the region and anti-government militants...
Irish Sea trade will need customs declaration after Brexit Stipulations will apply whether or not a trade deal has been reached with the European Union by that point, slides...
Floating storage rises to near record Over-tonnaged VLCC market saw earnings drop steeply in June
'New wave of bad loans on the way' - ship finance survey Financiers rate lower freight rates as the top concern, followed by supply chain disruption, with general travel restrictions and crew...
UK Ship Register tops Paris MoU performance white list 'It's a great moment to see our name at the top of the list and we will continue to strive...
Stolt-Nielsen prepares for tougher times ahead The company increased contract coverage at better rates to protect its revenue base
Seatrade secures retrial in vessel scrapping case The Hague Court of Appeal has annulled the 2018 convictions issued by Dutch authorities
Shipping lagging on energy technology innovation, says IEA The IEA findings underscore a series of recent reports indicating shipping is nowhere near reducing its reliance on fossil fuels
Economic outlook: Seaborne trade facing pandemic hit The coronavirus response will mark 2020 out as a year when the global economy went into reverse. This will have...
UK maritime agency extends cadet training funding Cadets will be able to gain their Certificate of Competency within the 150-week SMarT funding period, while developing their knowledge...
Successful collaboration needs focused leadership Shipping has come up against a series of issues of global significance that can only be addressed through working together
Globalisation to be reshaped by coronavirus Multinationals will diversify their sources from a single country to more than one location in a bid to manage risk...
Ghost of overcapacity haunts container shipping Growth in volumes failed to keep up with supply even before the pandemic
China renews policy to cut port fees Latest data from China Ports and Harbours Association has shown signs of a pickup in port throughput last month
Many hands make light work in the push to digitalisation Shipping's slow trek towards digitalisation has been given a wake-up call by the pandemic; but to make the most of...
Seafarers are key workers - they should be treated as such Understanding the future of seafaring, especially the role of the officer within the shipping company, will mean asking who makes...
VLGC supply-demand pressure seen continuing Poten expects to see significant increase in global seaborne supply of LPG with total exports at slightly above 111m tonnes...
Daily Briefing Free to read: Class withdrawn from sanctioned ships linked to Venezuela | J. Lauritzen chief steps down as business units...
Shipping social partners pledge co-operation on crew change crisis 'In 40 years in the industry, I've never seen all stakeholders come together and this is unprecedented. This event will...
Cosco firms up orders of LNG tanker trio The ordering plan was first unveiled in April when the project was said to be linked with US LNG exports
US green-lights Bermuda VIP airline for cargo operations A Bermuda-based airline sees a business opportunity with the COVID pandemic and is jumping into the cargo market.
Coronavirus-related declines spur Port of Oakland budget decrease Total cargo volume is down 7.8% this year because of reduced import demand.
Project cargoes keep AAL's ships calling US Gulf ports AAL Shipping, an operator of "mega-size" project cargo ships, expects rebound for smaller U.S. import and export project cargoes in 2021, if COVID-19 pandemic subsides...
El Al crisis worsens, Aeromexico opts for bankruptcy Airlines are sweating the coronavirus pandemic despite the recent upturn in travel. El Al says it might fail and Aeromexico went the bankruptcy route.
COVID ushers in direct cargo flights from Vietnam Cargo flights from Vietnam to the U.S. were rare until COVID and the need for speed for supplies to quell the outbreak. It's a long...
Harbor Trucking: PierPass fee hikes drive away business HTA CEO Weston LaBar says West Coast container ports have suffered a 19.4% loss in market share since 2006.
Crew crisis is triggering ship detentions and diversions Global trade fallout from the crew-repatriation crisis has begun - and looks poised to snowball.
MSC launches instant quoting tool Carrier recognizes 'the importance of digitalization across the shipping industry.'
Bunker Holding Group to pursue sustainable growth amid tough markets Company maintains 'strong creditworthiness' amid tough markets as it transitions to IMO 2020
FUJAIRAH DATA: Refined product stocks drop most since April to seven-week low "Economies are picking up so the consumption is there," said Malek Azizeh, commercial director of Fujairah Oil Terminal.
Fujairah Oil Terminal eyes more investment in port storage, infrastructure "We've been operating now at Fujairah for six years and we see the growth potential," Azizeh said.
MARINE FUEL 0.5%S: Global VLSFO market struggles to cope with excess of supply, poor demand In Singapore, June demand- as measured by low sulfur bunker sales- is expected to be slightly lower than May's sales.
INTERVIEW: Momentum in LNG shipping will build post-pandemic, says industry head The emphasis on environmental stewardship and reduction of GHG will certainly continue, Keller said.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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