Shipping

Dec 5 (Reuters) – Oil tankers formed a traffic jam off the coast of Turkey on day one of the West’s price cap on Russian crude, with

Oman’s state-owned energy company OQ is set to study the feasibility of producing green ammonia and green methanol under a memorandum of understanding

The former Director of Operations of the U.S. Navy’s Military Sealift Command (MSC) office in Busan, South Korea, was sentenced last week to five years in

By Julian Lee (Bloomberg) — Russia’s crude oil shipments to Europe are shrinking fast. A European Union ban on seaborne imports from the country is

By Julia Payne and Jonathan Saul LONDON, Dec 5 (Reuters) – The market for old oil tankers is booming, and it’s all down to efforts by

By Ann Koh and Hallie Gu (Bloomberg) –Dirty bulk ships used to carry iron ore are being scrubbed clean so that they can transport grain to Asia, in

By Caleb Davis and Mark Trevelyan Dec 3 (Reuters) – Russia “will not accept” a price cap on its oil and is analyzing how to

European shipowners are welcoming this week’s provisional agreement to include maritime shipping in the EU carbon market, which will force vessels to pay

By Ewa Krukowska, Alberto Nardelli and Jorge Valero (Bloomberg) — The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving

LONDON, Dec 2 (Reuters) – An Iranian-flagged tanker on Friday delivered an oil shipment to Syria which the United States had previously

By Serene Cheong and Alex Longley (Bloomberg) — Shipping costs for Russian crude are skyrocketing as more tanker owners shun the trade days

The U.S. Federal Maritime Commission says it has received more than 175 charge complaints from U.S. shippers against ocean common carriers since the enactment

By Anne Kauranen HELSINKI, Dec 2 (Reuters) – A plan to build the first fiber-optic cable across the Arctic has secured its first investment,

LONDON, Dec 2 (Reuters) – France’s TotalEnergies said it has joined a shipping project building test tankers which can be powered by ammonia,

By Alberto Nardelli, Ewa Krukowska and Jorge Valero (Bloomberg) — The European Union is closing in on a deal to cap the price of Russian crude oil at

By Andreas Rinke and Matthias Williams BERLIN, Nov 30 (Reuters) – The leaders of Germany and Norway said on Wednesday they would jointly ask

By Sam Norton, New England governors are clamoring for Energy Secretary Jennifer Granholm to support waivers to the Jones Act, a law requiring that cargo

By Mike Wackett (The Loadstar) – Since August 2020, MSC Mediterranean Shipping Company brokers have completed the acquisition of nearly 250 second-hand

By Jan Strupczewski and Kate Abnett BRUSSELS, Dec 1 (Reuters) – European Union governments tentatively agreed on Thursday on a $60 a barrel

A.P. Moller – Maersk and IBM have announced their decision to abandon their blockchain-based global trade platform known as TradeLens after it failed to