Tanker Rates Surge as Chinese Firms Sanctioned Over Iranian Oil
By Alaric Nightingale and Firat Kayakiran (Bloomberg) –Oil-tanker costs are surging after the U.S. slapped sanctions on Chinese companies it accused of
By Alaric Nightingale and Firat Kayakiran (Bloomberg) –Oil-tanker costs are surging after the U.S. slapped sanctions on Chinese companies it accused of
The sanctions targeted COSCO Shipping Tanker (Dalian) Co. and COSCO Shipping Tanker (Dalian), along with Seaman & Ship Management Co. and a handful of
Dutch based ship designer eConowind has been tapped to supply one of their innovative “ventifoil“ wind-assisted propulsion systems onboard a 3,600 DWT
The world’s first ultra-large containership to be powered by liquefied natural gas was launched in China this week. CMA CGM JACQUES SAADE is the first of
By Jack Wittels and Alex Longley (Bloomberg) –For almost three years, the oil industry has been puzzling over how to supply merchant ships with fuel that
By Johan Ahlander STOCKHOLM, Sept 25 (Reuters) – British-flagged oil tanker Stena Impero is still being held in Iran, despite Tehran lifting a detention
By Eric Roston (Bloomberg) –Days after millions of climate protesters called for international action and global leaders convened at the United Nations
By Roslan Khasawneh SINGAPORE, Sept 25 (Reuters) – S&P Global Platts on Wednesday reported the first physical cargo trade for low-sulphur fuel oil
Albwardy Damen has been presented with the Shipyard of the Year Award at a glittering ceremony that took place on the first evening of the UAE Maritime Week.
By Michael Carr – Portsmouth Virginia’s Inner Harbor seawall is lined with lampposts spaced about 25 feet apart. They are ornate, built of steel and
Boston-based Sea Machines and U.S.-based shipbuilder Metal Shark have partnered on a new 29-foot autonomous vessel now being offered to government and
By Doina Chiacu and Marianna Parraga WASHINGTON, Sept 24 (Reuters) – The U.S. Treasury Department on Tuesday imposed sanctions on four maritime firms and
Offshore drilling contractor Transocean has decided to walk away from two drillships under construction at South Korea’s Samsung Heavy Industry. In a
By Susanna Twidale LONDON, Sept 24 (Reuters) – The aviation and shipping sectors should formally be included in Britain’s target to cut its
STOCKHOLM, Sept 24 (Reuters) – The British-flagged tanker Stena Impero detained by Iran in July remains in that country even though it has been legally
By Michel Bernouin CANNES, Sept 23 (Reuters) – Mediterranean resort town Cannes, France’s fourth-biggest cruise ship port, will ban the most
Japanese shipping company NYK is claiming to have achieved country’s first carbon-neutral sea voyage through the purchase of carbon credits to offset
By Salvatore R. Mercogliano, Ph.D. – On Monday, September 16, 2019, the United States Transportation Command ordered the no-notice activation of 28 out
The Captain and Chief Officer of an Isle of Man-flagged bulk carrier have been fined in New Zealand for giving false information to authorities after a crew
West Coast ports are calling on President Donald Trump to settle the U.S.-China Trade War, warning that failure to do so will cause irredeemable economic harm
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