News

by Mark Trevelyan (Reuters) – Russia’s Foreign Minister Sergei Lavrov said on Tuesday that the West was not honoring its promise to help Russian

By Katharine Houreld (Reuters) – A ship carrying wheat from Ukraine to the drought-stricken Horn of Africa docked on Tuesday, the United Nations said,

by Jacob Gronholt-Pedersen (Reuters) Germany has secured a power link to a planned offshore wind hub in the Danish part of the Baltic Sea that will help reduce

By Sharon Cho (Bloomberg) –Progress toward an Iranian nuclear deal has thrown the spotlight onto a sizeable cache of crude held by Tehran that could be

(Bloomberg) Russian seaborne coal exports were effectively halted by a European Union ban on entities within the 27-nation bloc servicing shipments of the fuel

by Captain John Konrad (gCaptain) According to The Economist the absolute levels of global hunger in 2022 could be the highest ever, as an exceptional set of

By Umit Bektas and Orhan Coskun (Reuters) – The first grain ship to leave a Ukrainian port in wartime passed inspection and was heading through the

By Natalia Zinets (Reuters) – Ukrainian President Volodymr Zelenskiy dismissed the importance of the first grain exportshipment from his

by John Konrad (gCaptain) The UK Ministry of Defense confirmed on Tuesday that 3,683 people tried to cross the English Channel in July. In just one day last

By Marianna Parraga (Reuters) – U.S. exports of liquefied natural gas (LNG) fell for a second consecutive month in July, weighed down by the

Crude oil tanker owners’ shares are up today on news that increasing newbuild rates are driving up the value of existing fleets and could prevent the

As part of the new Shipping Reform Act the Federal Maritime Commission (FMC) announced it’s reorganizing its enforcement structure and plans to hire more

by John Konrad (gCaptain) The first ship loaded with Ukrainian grain has departed the port of Odesa today as part of a deal to ease the global food crisis

By Carolyn Cohn (Reuters)  Lloyd’s of London insurer Ascot and broker Marsh  on Friday launched marine cargo and war insurance for

By Áine Quinn (Bloomberg) An international trader, backed by Canadian pension funds and Glencore Plc, is still exporting large volumes of Russian grain as

By Elizabeth Low (Bloomberg) Russia’s invasion of Ukraine has supercharged one segment of the shipping market, with soaring freight rates prompting companies

Turkey will open a new joint shipping coordination center in Istanbul tomorrow to oversee Ukrainian grain exports. This comes only four days after a Russian

China has threatened to take “strong measures” if Speaker of the US House of Representatives Nancy Pelosi visits Taiwan and US security experts

Data from Vortexa, a platform in the energy industry, shows that Iran, Russia, and Venezuela are all vying to sell oil to Asia. According to the analysis,

by John Konrad (gCaptain) A dwindling oil tanker fleet could deepen the global energy crisis over the next three years as energy companies try to increase