16 Tankers Are Stuck With 8.36 Million Barrels Of Crude That Nobody Wants
by Lucia Kassai (Bloomberg) Venezuela is running out of space to store its sanction-stained crude that few dare to buy, forcing it to reduce output at a time
The latest maritime and offshore news.
by Lucia Kassai (Bloomberg) Venezuela is running out of space to store its sanction-stained crude that few dare to buy, forcing it to reduce output at a time
by Vera Eckert (Reuters) – The world’s two biggest container shipping companies on Tuesday said they have been cleared in an investigation of the
by Kaye Wiggins (Bloomberg) The U.K. government appears to want an upcoming trial over its controversial no-deal Brexit ferry contracts to be held in private,
by Meng Meng (Reuters) – China’s liquefied natural gas imports in January rose to a record as an increase in residential heating demand during the
by Vera Eckert (Reuters) – Container shipping firm Hapag-Lloyd said volume growth and a modest recovery in freight rates in the second half of 2018
by Colin Daileda (Thomson Reuters Foundation) Thankachan Polayalil has been a fisherman for 42 of his 65 years, long enough to remember when fish were visible
by Julian Lee (Bloomberg) – Supertankers hauling seawater across the Atlantic? That’s just one of the odder results of the U.S. shale boom.
By Mike Wackett (TheLoadstar) Both of the major east-west tradelanes recorded significant falls on today’s Shanghai Containerized Freight Index (SCFI),
By Gavin van Marle (TheLoadstar) US digital-first freight forwarder Flexport has secured “a truly outstanding” $1bn in a new funding round led by
by Naureen S. Malik (Bloomberg) A red-hulled tanker is drifting in Massachusetts Bay, trying to capitalize on the brief two-month window when natural gas
Brittany Ferries has signed an agreement with Spanish energy company Repsol for the delivery of Liquefied Natural Gas to its Spanish operations. A letter of
by Firat Kayakiran (Bloomberg) They are slowly plowing their way across thousands of miles of ocean toward America’s Gulf of Mexico coastline. As they do,
by Catarina Demony (Reuters) – The crew of Venezuelan oil tanker, the Rio Arauca, that has been stuck in the middle of the river Tagus in Lisbon for
By Jonathan Saul and Maiya Keidan LONDON, Feb 20 (Reuters) – A growing number of hedge funds are moving into shipping debt, an asset class few have
Interview by Paul González-Morgan (Marine Strategy) – Sinclair Browne is Chief Executive of the Port of Inverness, situated in the city of Inverness,
By Mike Wackett (The Loadstar) – The pro-scrubber Clean Shipping Alliance 2020 has strongly criticised the EC for urging the International Maritime
DUBAI, Feb 20 (Reuters) – DP World has bought back British ferry and shipping freight operator P&O Ferries for 322 million pounds ($421 million),
By Alexander Cornwell, Lisa Barrington and Eric Knecht DUBAI/DOHA, Feb 20 (Reuters) – The United Arab Emirates has eased a ban on the shipping of goods
Several people have sustained injuries after an offshore wind crewboat collided with an 81-meter cargo ship in the Baltic Sea off the coast of Germany on
The first turbine at the soon-to-be world’s biggest offshore wind farm has been installed and is now producing electricity off of England’s coast. When
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