The latest maritime and offshore news.

Tuesday, March 15, 2022
Tanker at sunset

Oil Tanker Traders Go Underground To Buy Cheap Russian Crude

By Serene Cheong (Bloomberg) –Away from the public eye. That’s where Russian crude is going as buyers tread carefully in their dealings with the pariah

March 15, 2022
Total Views: 26978

Sunday, March 13, 2022

Russia’s Invasion of Ukraine Threatens The Already Fragile Global Food System

By Elizabeth Elkin, Allison Smith and Sybilla Gross Mar 13, 2022,(Bloomberg) –The global food system is under threat as Russia’s invasion of

March 13, 2022
Total Views: 2130


Turkey, Greece Agree To Improve Ties Amid Ukraine Conflict

ISTANBUL, March 13 (Reuters) – Turkish President Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis agreed in talks on Sunday to

March 13, 2022
Total Views: 2498

Saturday, March 12, 2022

Italy Seizes Russian Billionaire Melnichenko’s Superyacht Over Sanctions

By Emilio Parodi BERGAMO, Italy, March 12 (Reuters) – Italian police have seized a superyacht owned by Russian billionaire Andrey Igorevich

March 12, 2022
Total Views: 7713

Friday, March 11, 2022
Sovcomflot ship bridge
Maritime News

Will Russia’s Tanker Fleet Come To A Halt?

Russia’s large fleet of European tankers is starting to stall. Will they shift to the Pacific, where Russian flagged ships don’t appear to be suffering

March 11, 2022
Total Views: 20224

Wednesday, March 9, 2022

Russian Oligarch Fails To Pay Superyacht Crew

By Jonathan Browning (Bloomberg) Alisher Usmanov’s superyacht will languish in a dock in Hamburg after its crew and captain walked after European Union and

March 9, 2022
Total Views: 64023

icebreacker S.A. Aguhlas
Maritime News

Ernest Shackleton’s Ship Endurance Discovered Deep Beneath Antarctic Ice

By Michael Holden (Reuters) – The wreckage of polar explorer Ernest Shackleton’s ship “Endurance,” which was

March 9, 2022
Total Views: 12079

Tuesday, March 8, 2022
Sovcomflot Logo Russian

More Russian Oil Deeply Discounted As Load Port Ban Risk Alarms Buyers

By Tsuyoshi Inajima (Bloomberg) A cargo of Russian Sokol oil from the Far East was offered at a steep discount as the nation’s invasion of Ukraine and the

March 8, 2022
Total Views: 3271

Saturday, March 5, 2022

Hong Kong Mortuaries Use Reefer Containers As Covid Deaths Spike

By Linda Lew (Bloomberg) –Hong Kong’s mortuaries are so overwhelmed they’re deploying mobile refrigeration units to store bodies, as scenes

March 5, 2022
Total Views: 3819


U.K. Union Refuses to Handle Incoming Russian Oil

By Archie Hunter, Rachel Graham and Jack Wittels Mar 5, 2022 (Bloomberg) –A British labor union instructed workers at the Stanlow oil refinery not

March 5, 2022
Total Views: 3298


Italy Arrests Russian Yachts Worth $115M

By Crispian Balmer (Reuters) – Italian police have seized villas and yachts worth at least 140 million euros ($153 million) from four

March 5, 2022
Total Views: 4232

Friday, March 4, 2022
Bulker carrying bauxite unloading at a port in Yantai

China Is Shipping Stockpiles Of Metal To Europe

By Bloomberg News (Bloomberg) Commodities traders are racing to capture a rare profit from shipping aluminum out of China as the war in Ukraine creates flash

March 4, 2022
Total Views: 9857

Wednesday, March 2, 2022

All You Need To Know About Russian Yacht Arrests

Superyachts of incredible size have become the symbol of oligarch-sized wealth and now, with the Ruble crashing and anti-Russian sanctions proliferating…

March 2, 2022
Total Views: 22190


War Shocks Ripple Across Shipping Lanes

By Bryce Baschuk (Bloomberg) Importers from London to Warsaw will soon face higher shipping costs, longer delays and an obstacle course of sanctions to

March 2, 2022
Total Views: 3032

Tuesday, March 1, 2022
maersk ship

World’s Largest Shipping Lines Suspend Shipping to Russia

By Jonathan Saul, Stine Jacobsen and Jacob Gronholt-Pedersen LONDON/COPENHAGEN, March 1 (Reuters) – The world’s three

March 1, 2022
Total Views: 12654

Monday, February 28, 2022

Container Lines Suspend Russia Bookings

COPENHAGEN/LONDON, Feb 28 (Reuters) – Ocean Network Express (ONE) on Monday suspended container bookings to and from Russia hours after Maersk

February 28, 2022
Total Views: 6055

Friday, February 25, 2022
oil tanker photo

Tanker Rates Soar Alongside War Risk Premiums

By Koustav Samanta (Reuters) Oil tanker rates are soaring globally as traders scramble to cope with jitters over possible disruption in Russian supplies,

February 25, 2022
Total Views: 1272

Thursday, February 24, 2022

War In Ukraine Will Magnify The Global Trade Crisis

By Brendan Murray (Bloomberg) Disruptions in global trade are about to go from bad to worse. With Russia’s invasion of Ukraine early Thursday, energy costs

February 24, 2022
Total Views: 1982

Saturday, February 5, 2022
Maritime News

MARAD & FMC Nominations Get Stalled By Republican Senators

By Keith Laing and Lillianna Byington (Bloomberg) — Sen. Rick Scott (R-Fla.) has been stalling the nominations of Transportation and Commerce Department

February 5, 2022
Total Views: 2421

Thursday, January 27, 2022
US Virgin Islands Flag
Maritime News

US Announces New Open Registry

Next Tuesday at the National Press Club in Washington, former US Deputy Secretary of State and the first Director of National Intelligence, John Negroponte

January 27, 2022
Total Views: 6274