The latest maritime and offshore news.

Friday, November 25, 2022

Price Cap Halted As Poland Demands Harsher Penalty On Russian Oil

By Ewa Krukowska (Bloomberg) European Union diplomats suspended talks on capping Russian oil prices, as Poland and the Baltic states objected to a proposal

November 25, 2022
Total Views: 1526

Thursday, November 24, 2022

Vitol Says It Will Keep Buying Russian Oil

By Sharon Cho (Bloomberg) –Top trader Vitol Group is still buying “very modest” volumes of Russian oil products and is studying whether the company

November 24, 2022
Total Views: 1121

Monday, November 21, 2022

India’s Oil Buyers Push To Load Russian Crude Before Sanctions

By Debjit Chakraborty (Bloomberg) India’s oil refiners are looking to pick up a bit more Russian crude in last-minute purchases just weeks before new

November 21, 2022
Total Views: 1349

Sunday, November 20, 2022

China Surges Exports To North Korea

by Sophie Yu (Reuters) China’s exports to North Korea surged in 46.3% October from a month earlier, with foodstuffs including rice and sugar among the

November 20, 2022
Total Views: 11941

Mekong River Ferry

US To Invest In Mekong River Transport & Clean Energy Projects

By Poppy McPherson (Reuters) – U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region,

November 20, 2022
Total Views: 1497

Kamala Harris Navy Ship Visit

US Works To Reset Ties With The Philippines

By Trevor Hunnicutt (Reuters) U.S. Vice President Kamala Harris arrives in the Philippines on Sunday for talks aimed at reviving ties with Washington’s

November 20, 2022
Total Views: 1425

Saturday, November 19, 2022
Tanker Barge on the Hudson River New York

US Gas Prices Fall Everywhere Except New York

Some critics say the Jones Act is to blame for higher gasoline prices in regions of the United States not serviced by pipelines. By Chunzi Xu (Bloomberg)

November 19, 2022
Total Views: 1524

Saturday, November 12, 2022
Longshoremen discharging grain aboard Bulker

Global Food Imports Could Exceed $2 Trillion

by Maytaal Angel (Reuters)– Food imports costs across the world are on course to hit a near $2 trillion record in 2022, piling pressure on the

November 12, 2022
Total Views: 1226

Sunday, November 6, 2022

Ukraine Says Russia Destroying Civilian Ships On River In Southern Standoff

KYIV, Nov 6 (Reuters) – Ukraine’s army accused Russia on Sunday of the large-scale destruction of civilian vessels moored on the banks of the

November 6, 2022
Total Views: 4345

Saturday, November 5, 2022

Italy Demands That Countries Whose Flag Is Flown By Rescue Boats Bear The Responsibility Of Migrants Aboard

By Angelo Amante and Alvise Armellini ROME (Reuters) – A row escalated on Friday over who should take care of migrants rescued by charity groups off

November 5, 2022
Total Views: 3450

Sunday, October 30, 2022

Biden Warns Of Starvation If Russia Cancels UN Grain Ship Deal

By Pavel Polityuk (Reuters) – The European Union on Sunday called on Russia to reverse its decision to pull out of a U.N.-brokered grain deal, a move

October 30, 2022
Total Views: 1519

Saturday, October 29, 2022
Grain ship in Ukraine

Russia Halts UN Grain Deal With Ukraine

Guy Faulconbridge (Reuters) Russia on Saturday suspended participation in a U.N.-brokered Black Sea grain deal after what it said was a major Ukrainian drone

October 29, 2022
Total Views: 1304

Friday, October 28, 2022
Russian Oil Tankers

Russia Loads Up Tankers Ahead Of December EU Oil Embargo

by Kirsten Donovan (Reuters) Russia ramped up seaborne Urals oil exports to Asia to 50% of the total over the Oct. 1-20 period ahead of a December EU embargo

October 28, 2022
Total Views: 2731

Nord Stream Facility

Germany May Build LNG Ship Terminal At Nord Stream 2 Site

By Petra Sorge (Bloomberg) Germany’s first and only private Floating Storage Regasification Unit in Lubmin is fully booked for years ahead and is

October 28, 2022
Total Views: 1767

Chemical tanker

Could Clean Startups Boost The Chemical Tanker Market?

During their last quarterly update Overseas Tanker Corp ($OSG) discussed the growth of a new cargo segment for oil tankers: renewable diesel. Could chemical

October 28, 2022
Total Views: 872

Thursday, October 27, 2022
U.S. President Biden with Chuck Schumer

Biden Backs Down On Russian Oil Price Cap

By Saleha Mohsin (Bloomberg) US officials have been forced to scale back a plan to impose a cap on Russian oil prices, following skepticism by investors and

October 27, 2022
Total Views: 2176

Singapore Anchorage

Unwanted Russian Oil Fills Singapore Anchorage

By Elizabeth Low (Bloomberg) A fleet of tankers filled with Russian fuel oil have anchored near Singapore and Malaysia as more flows are directed toward Asia

October 27, 2022
Total Views: 8974

port of Rosario

Grain Giant Warns Globalization Is Over

by John Konrad (gCaptain) Yesteray – on the heels of China President Xi’s consolidation of power, nuclear warnings from Russia, and droughts

October 27, 2022
Total Views: 22195

Wednesday, October 26, 2022

Canada’s Shrinking St. Lawrence Seaway Latest Threat to Shipping Routes

By Jen Skerritt (Bloomberg) A key Canadian shipping corridor is the latest waterway struggling with dwindling water levels. Parts of the St. Lawrence River

October 26, 2022
Total Views: 20167

Chinese vessels at Whitsun Reef, South China Sea

Philippines Proposes Maritime Encroachment Law Aimed At China

by Karen Lema (Reuters) A lawmaker in the Philippines has reintroduced legislation to prevent maritime and airspace encroachment by Chinese vessels, by

October 26, 2022
Total Views: 3577