Russian Oil Producers Snap Up Sovcomflot Tankers Shunned By Rest of the World
By Debjit Chakraborty, Julian Lee and Serene Cheong (Bloomberg) — Russian oil producers are starting to book up an increasing number of tankers owned by
By Debjit Chakraborty, Julian Lee and Serene Cheong (Bloomberg) — Russian oil producers are starting to book up an increasing number of tankers owned by
By Chen Aizhu and Florence Tan SINGAPORE, May 20 (Reuters) – China is quietly ramping up purchases of oil from Russia at bargain prices,
By Ira Breskin ROTTERDAM—There is no clearly optimal marine fuel to power the current and future generation of cargo vessels, speakers said Thursday here at
By Mike Wackett (The Loadstar) – The ‘drip-drip’ erosion of container spot rates on the transpacific and Asia-Europe tradelanes since the Chinese
By Ben Stupples (Bloomberg) — Gianluigi Aponte left a job in finance to focus on shipping. Now, decades later, he has one of the world’s biggest
The ‘Arc Integrity’ is enrolled in the Maritime Administration’s Maritime Security Program (MSP), the maritime readiness program that maintains
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By Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu LONDON, May 19 (Reuters) – Iran’s crude exports to China have fallen sharply since the
The U.S. Coast Guard is warning vessel owners and operators of the hazards associated with water and other contaminants in marine fuel systems. The Coast
The U.S. National Oceanic and Atmospheric Administration (NOAA) is seeking proposals from U.S. shipbuilders for the design and construction of two new ocean
Containership lessor Seaspan Corporation has once again expanded its newbuild orderbook, announcing it has entered into shipbuilding agreements for the
ROME, May 19 (Reuters) – Three people died and two were still missing after a tugboat sank off the southern Italian coast while pulling a
The U.S. Department of the Interior will release its proposal for offshore oil and gas lease sales for the next five years by the end of June, Interior
By James Attwood, Augusta Saraiva and Sergio Chapa (Bloomberg) — The global shipping bottlenecks rattling industries and consumers in the pandemic era
The Federal Reserve Bank of New York’s Global Supply Chain Pressure Index (GSCPI) ticked up in April for the first time since its December peak. The
By Rowena Edwards, Angeliki Koutantou and Ahmad Ghaddar LONDON/ATHENS, May 18 (Reuters) – Russian fuel oil arrivals offshore Greece
By Daniel Flatley (Bloomberg) Taiwan must gird itself against potential Chinese aggression through military deterrence that includes acquiring the right
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Employers Start Here Jobseekers Start HereA subcommittiee of the International Labour Organization (ILO) has agreed to raise the minimum wage for seafarers to up to $673 per month following the
Singaporean shipbuilder Sembcorp Marine says the first half of 2022 is shaping to be “significantly better” than the first half of 2021 as the
Though news reports are no longer highlighting the ships anchored in San Pedro Bay, the container shipping segment continues to pump out strong earnings. In
American Merchant Mariners who served during World War II were awarded the Congressional gold medal during a ceremony at the U.S. Capitol on Wednesday. Ten
By Dan Murtaugh (Bloomberg) — Offshore wind power installations will increase nearly nine-fold this decade as the world pours $1 trillion into the clean