Thursday, May 14, 2020
North Korea oil transfers at sea
Maritime News

Trump Administration Issues Global Maritime Advisory to Avoid Sanctions Risk

By Humeyra Pamuk, Jonathan Saul and Timothy Gardner WASHINGTON/LONDON May 14 (Reuters) – The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of...

May 14, 2020
Total Views: 23

Tuesday, May 5, 2020
Oil tanker is docked in Venezuela
Maritime News

Venezuelan Oil Exports Rise in April Despite Rosneft Sanctions

By Marianna Parraga – May 4 (Reuters) – Venezuela’s oil exports ticked higher in April after falling in March to their lowest average in seven months, helped by new trading...

May 5, 2020
Total Views: 25

Monday, April 6, 2020
Maritime News

Trump’s ‘Free Market’ Response to a Global Deal to Save Oil

By Catherine Traywick, Mario Parker and Justin Sink (Bloomberg) — On Thursday, U.S. President Donald Trump sent oil prices rallying on the prospect of an unprecedented, U.S.-backed deal to cut global...

April 6, 2020
Total Views: 10

Thursday, April 2, 2020
vlcc tanker
Maritime News

Oil Posts Biggest Single-Day Gain After Trump Touts Saudi-Russia Oil Deal

By Scott DiSavino NEW YORK, April 2 (Reuters) – Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi...

April 2, 2020
Total Views: 27

Friday, March 13, 2020
Maritime News

Trump Administration Dashes Hopes of Tariff Cut

By David Lawder and Andrea Shalal WASHINGTON, March 13 (Reuters) – The Trump administration is not considering broad relief from import tariffs on Chinese goods to ease economic pain from...

March 13, 2020
Total Views: 31

Wednesday, February 19, 2020
oil tanker loading
Maritime News

The Impact of U.S. Sanctions on Oil Market and Rosneft

By Gleb Gorodyankin and Polina Devitt MOSCOW/LONDON, Feb 19 (Reuters) – The United States on Tuesday ramped up pressure on Venezuela by blacklisting a subsidiary of Russian state oil major...

February 19, 2020
Total Views: 13

Friday, February 14, 2020
Maritime News

Big Oil Warned Trump Team China Trade Deal Was Unrealistic

By Jennifer A. Dlouhy, Shawn Donnan and Nick Wadhams (Bloomberg) – Industry leaders privately warned the Trump administration that the U.S. will struggle to deliver the oil, gas and other energy...

February 14, 2020
Total Views: 33

Monday, January 27, 2020
southampton port
Maritime News

Trump’s ‘Massive’ U.S.-UK Trade Deal Faces Big Hurdles

By David Lawder WASHINGTON, Jan 27 (Reuters) – Britain is the United States’ closest ally but their long friendship may be sorely tested as the two countries try to forge...

January 27, 2020
Total Views: 14

Wednesday, January 15, 2020
Maritime News

China Signs ‘Phase 1’ Trade Deal with United States

WASHINGTON, Jan 15 (Reuters) – The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products,...

January 15, 2020
Total Views: 28

Sunday, January 5, 2020
Maritime News

Britain’s Royal Navy to Escort UK-Flagged Ships Through Strait of Hormuz

LONDON, Jan 4 (Reuters) – Britain’s navy will accompany UK-flagged ships through the Strait of Hormuz to provide protection after the U.S. killing of Iranian military commander Qassem Soleimani inflamed...

January 5, 2020
Total Views: 22

Saturday, December 28, 2019
ford high speed turn test
Maritime News

Navy Proposal Throws Wrench in Trump’s Pledge for a 355-Ship Fleet

By Tony Capaccio (Bloomberg) –The White House budget office is pressing the Navy to stick to a campaign pledge by Donald Trump to work toward fielding a fleet of more...

December 28, 2019
Total Views: 34

Monday, December 16, 2019
Maritime News

U.S. Top Trade Negotiator Praises Deal, China Remains Cautious

By David Lawder and Kevin Yao WASHINGTON/BEIJING, Dec 16 (Reuters) – U.S. President Donald Trump’s top trade negotiator praised a “phase one” U.S.-China trade deal which is expected to nearly...

December 16, 2019
Total Views: 5

Tuesday, December 3, 2019
hong kong navy visit
Maritime News

China Denies U.S. Navy Ships from Hong Kong Port Visits

BEIJING, Dec 2 (Reuters) – China on Monday banned U.S. military ships and aircraft from visiting Hong Kong and slapped sanctions on several U.S. non-government organizations for allegedly encouraging anti-government...

December 3, 2019
Total Views: 7

Thursday, November 14, 2019
cosco shipping at port of long beach
Maritime News

Trade War Rocks Transpacific Trade

By Gavin van Marle (The Loadstar) – The lack of developments on negotiations between China and the US on tariffs is expected to contribute to the first full-year decline in...

November 14, 2019
Total Views: 3

Monday, November 4, 2019
Maritime News

U.S. Transportation Secretary Elaine L. Chao Receives Prestigious Admiral of the Ocean Sea Award

United Seamen’s Service has awarded its prestigious 2019 Admiral of the Ocean Sea Award (AOTOS) to U.S. Secretary of Transportation Elaine L. Chao in recognition of her career-long commitment to...

November 4, 2019
Total Views: 9

Tuesday, October 29, 2019
ship navigation bridge
Maritime News

COSCO Tanker Sanctions Seen Denting Demand for High Sulphur Fuel Oil

By Noah Browning LONDON, Oct 29 (Reuters) – U.S. sanctions on a top Chinese shipping fleet is set to produce a totally unintended result — less burning of the dirtiest...

October 29, 2019
Total Views: 1

Thursday, October 24, 2019
cosco tanker
Maritime News

U.S. Waiver Offers Grace Period to Wind Down Business with COSCO Tanker Units

WASHINGTON, Oct 24 (Reuters) – The U.S. Treasury Department on Thursday issued a nearly two-month waiver for companies to wind down transactions with a Chinese tanker company it sanctioned last...

October 24, 2019
Total Views: 21

Monday, October 14, 2019
oil tanker
Maritime News

Geopolitical Risks Send Supertanker Rates to Record Levels

By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in...

October 14, 2019
Total Views: 16

Thursday, October 10, 2019
Maritime News

Port of Los Angeles Imports Fall in September as Trade War Roils Shipping

LOS ANGELES, Oct 10 (Reuters) – The Port of Los Angeles, the busiest for ocean trade with China, processed fewer containers of imported goods in September as the prolonged U.S.-China...

October 10, 2019
Total Views: 6

Monday, September 30, 2019
lng carrier eduard toll
Maritime News

U.S. Sanctions on COSCO Hit Teekay’s Yamal LNG Fleet

By Sabina Zawadzki LONDON, Sept 30 (Reuters) – U.S. sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas (LNG) tanker industry on Monday as U.S.-listed Teekay LNG...

September 30, 2019
Total Views: 31