News

The latest maritime and offshore news.


Sunday, December 4, 2022
German Economy Minister Robert Habeck
Marine Weather

Harsh Weather May Delay Germany’s Plans for First LNG Terminals

By Vanessa Dezem (Bloomberg) Germany’s plans to start imports of liquefied natural gas this month are at risk of being derailed by the weather. Strong

December 4, 2022
Total Views: 1802

Saturday, December 3, 2022
Cargill Resumes Shipping Grain From Ukraine
News

Cargill Resumes Shipping Grain From Ukraine

By Tarso Veloso (Bloomberg) Cargill, the world’s top agricultural commodities trader, has started to export crops from this year’s harvest in war-torn

December 3, 2022
Total Views: 1131

Monday, November 28, 2022
Oil tanker in Ningbo Zhoushan port
News

Oil Prices Plunge On China Unrest

By Yongchang Chin (Bloomberg) Oil tumbled to the lowest level since December as a wave of unrest in China punished risk assets and clouded the

November 28, 2022
Total Views: 4426

Friday, November 25, 2022
An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel//File Photo
News

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: 1729

Thursday, November 24, 2022
An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo
News

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: 1317

Monday, November 21, 2022
File photo of an oil tanker at sea
News

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: 1453

Sunday, November 20, 2022
China Surges Exports To North Korea
News

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: 12029

Mekong River Ferry
News

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: 1607

Kamala Harris Navy Ship Visit
Navy

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: 1538

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

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: 1613

Saturday, November 12, 2022
Longshoremen discharging grain aboard Bulker
News

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: 1299

Sunday, November 6, 2022
Ukraine Says Russia Destroying Civilian Ships On River In Southern Standoff
News

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: 4440

Saturday, November 5, 2022
Italy Demands That Countries Whose Flag Is Flown By Rescue Boats Bear The Responsibility Of Migrants Aboard
News

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

November 5, 2022
Total Views: 3633

Sunday, October 30, 2022
A Ukrainian serviceman stands in front of silos of grain from Odesa Black Sea port
News

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: 1659

Saturday, October 29, 2022
Grain ship in Ukraine
News

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: 1404

Friday, October 28, 2022
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
News

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: 2824

Nord Stream Facility
News

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: 1877

Chemical tanker
News

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: 948

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

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: 2243

Singapore Anchorage
News

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: 9205