Shipping

The UK Secretary of State for Transport is calling on UK ports to prohibit vessels linked to Russia in response to the invasion of Ukraine. “Prohibiting

By Bloomberg News (Bloomberg) — The escalating crisis over Ukraine has catapulted the cost of shipping oil by sea.  Freight rates for hauling crude

The Suez Canal Authority will increase Suez Canal tolls by as much as 10% on some vessel types effective March 1, 2022, just one month after tolls were raised

MOSCOW/LONDON, Feb 28 (Reuters) – Buyers of Russian oil have faced difficulties over payments and availability of vessels after imposition of

By Elena Mazneva, Feb 27, 2022,(Bloomberg) –European leaders talking up plans to wean the continent off Russian natural gas are facing a harsh

By Joe Brock and Kanupriya Kapoor SINGAPORE, Feb 28 (Reuters) – Australia will allow plastic trash to be shipped overseas and burned as fuel

After three days and 64 rounds of bidding, the U.S. Department of the Interior Bureau of Offshore Energy Management (BOEM) on Friday concluded the nation’s

The International Chamber of Shipping is calling on shipping stakeholders and governments to help prevent Russian and Ukrainian seafarers from becoming

By Alex Longley, Archie Hunter and Ann Koh (Bloomberg) — Russia’s invasion of Ukraine has brought turmoil to commodities markets as the conflict

By Aleksandar Vasovic MARIUPOL, Ukraine, Feb 24 (Reuters) – A residential area of Mariupol in southeastern Ukraine was hit by shelling on

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced the availability of nearly $450 million in new grant funding for

ANKARA, Feb 24 (Reuters) – A Turkish-owned ship was hit by a bomb off the coast of Ukraine’s port city Odessa on Thursday, Turkey’s

By K. Oanh Ha and Ann Koh (Bloomberg) — Omicron is ripping through cargo ships, raising concerns that a surge in cases, coupled with China’s tightened

The Biden Administration on Wednesday announced it would impose sanctions on the company behind the construction of the Nord Stream 2 pipeline and its

The stock market’s indices are all down- but the tanker stocks are up. What’s with that? Conventional wisdom has it that “disruption”, however you

By Tarso Veloso (Bloomberg) — A backlog of vessels waiting to load soybeans from some Brazilian ports is stretching to near-record lengths as the

By Archie Hunter and Anna Edwards (Bloomberg) — Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine

By Sarah Marsh and Madeline Chambers BERLIN, Feb 22 (Reuters) – Germany on Tuesday halted the Nord Stream 2 Baltic Sea gas

By Mike Wackett (The Loadstar) – Containership charter rates and second-hand values are heading for a correction according to a broker source, after

“Could I be a little bit provocative here?” asked Hugo De Stoop, the CEO of listed tanker giant Euronav- the NYSE listed owner Euronav, one of a handful of