Ukraine to Set Up $500 Million Insurance Fund for Ships Entering Ports
KYIV, Feb 24 (Reuters) – Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime Minister
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KYIV, Feb 24 (Reuters) – Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime Minister
By Jonathan Saul LONDON, Feb 24 (Reuters) – Insurers are facing half a billion dollars in claims for up to 60 commercial ships still stuck in Ukraine a
By Brendan Murray (Bloomberg) — The global shipping industry is stepping up calls for the United Nations and aid groups to help evacuate hundreds of
Inmarsat has launched what it says is the world’s most advanced commercial communications satellite. The I-6 F2 satellite was launched from Cape Canaveral,
By Barry Parker (gCaptain) – The February 2023 Hellenic American / Norwegian American conference (“HACC / NACC”, referring to the two Chambers of
In its quest to decarbonize shipping, Japan-based Mitsui O.S.K. Lines is turning to cow manure. MOL has teamed up with a company called to Air Water Inc. to
By Julian Lee, Alberto Nardelli and Slav Okov (Bloomberg) — Millions of barrels of Russian crude and fuels have been switched between tankers just a few
By Jonathan Saul LONDON, Feb 23 (Reuters) – Bumper soybean harvests in Brazil and unsold grains stocks in the United States are set to boost
By Asad Zulfiqar (Bloomberg) — A shipping hedge fund founded by a one-time ally of oil tanker billionaire John Fredriksen says the industry is set for
By Mike Wackett (The Loadstar) – The timing couldn’t be worse: with consumer demand lethargic and inventory stocks stubbornly high, ocean carriers are
By Pavel Polityuk KYIV, Feb 22 (Reuters) – Ukraine will ask Turkey and the United Nations this week to start talks to roll over the Black Sea grain
Dubai-based P&O Maritime Logistics has announced plans to convert one of its existing vessels into a Cable-Laying Vessel (CLV) powered by green methanol.
By Marine Strauss BRUSSELS, Feb 22 (Reuters) – Belgium said it is investigating the presence of a Russian “spy ship” in the North Sea, a
LONDON/MADRID, Feb 22 (Reuters) – A tanker that was detained by Spain and accused of discharging fuel in open waters near the northeastern port
LONDON, Feb 22 (Reuters) – Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from
THE HAGUE (Reuters) – Russia has in recent months tried to gain intelligence to sabotage critical infrastructure in the Dutch part of the North Sea,
Ocean Network Express (ONE), the world’s seventh largest shipping line, has announced plans to equip its entire container fleet with “smart”
By Emma Pinedo and Jonathan Saul MADRID, Feb 21 (Reuters) – Spain has detained and fined a Maltese-flagged oil tanker it says discharged oil in
By Jack Wittels (Bloomberg) — With international sanctions on Russia’s diesel shipments now in place for more than two weeks, the early signs are
By Martina Li in Taiwan (The Loadstar) – Just three months after its launch, Australian start-up Focus Container Line has entered administration as the
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