Russian Fuel Oil Heads East as EU Embargo Takes Hold
MOSCOW, Feb 6 (Reuters) – The European Union’s full embargo of Russian oil products came into effect on Feb. 5, but data from traders and Refinitiv show that the bulk …
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MOSCOW, Feb 6 (Reuters) – The European Union’s full embargo of Russian oil products came into effect on Feb. 5, but data from traders and Refinitiv show that the bulk …
A fire has erupted in containers toppled at the Port of Iskenderun by the powerful earthquakes that rocked Turkey Monday . More than 2,400 people are believed to have been …
By Vinicy Chan, Dinesh Nair and Manuel Baigorri (Bloomberg) — French shipping tycoon Rodolphe Saade is ramping up his hunt for acquisitions, with an eye on fellow billionaire Vincent Bollore’s …
By Randall Hill, Phil Stewart and Jeff Mason SURFSIDE BEACH, S.C., Feb 4 (Reuters) – A U.S. military fighter jet shot down a suspected Chinese spy balloon off the coast …
By Cecilia Yap (Bloomberg) Two Chinese coast guard ships and two militia vessels tailed a Philippine warship near Mischief Reef in the South China Sea, the Southeast Asian nation said. …
By Jack Wittels (Bloomberg) –For decades, a steady stream of ocean tankers has filed back and forth between a small cluster of ports in northwest Europe and the Baltic Sea. …
By Randall Hill, Phil Stewart and Jeff Mason SURFSIDE BEACH, S.C., Feb 4 (Reuters) – A U.S. military fighter jet shot down a suspected Chinese spy balloon off the coast …
(Reuters) – The Italian trade union USB filed a legal complaint against a plan by gas grid operator Snam SRG.MI to set up a new liquefied natural gas (LNG) terminal …
Some incredible video coming from the U.S. Coast Guard’s 13th District showing the rescue of a mariner as a wave capsizes his vessel in waters off the Pacific Northwest. The …
BRASILIA, Feb 4 (Reuters) – Brazil sank a decommissioned aircraft carrier in the Atlantic Ocean off its northeast coast, the Brazilian Navy said, despite warnings from environmentalists that the rusti
By Faseeh Mangi and Kamran Haider (Bloomberg) –Pakistan’s inflation quickened to the fastest in almost 48 years in January as thousands of containers of food items, raw materials and equipment …
JAKARTA, Feb 4 (Reuters) – Indonesia plans to intensify talks with China and other Southeast Asian countries to finalize a code of conduct (COC) for the disputed South China Sea, …
By Ira Breskin – Failure of a benchmark ship lease to address the environmental and financial impact of charterers’ operational decisions could undercut the industry’s latest pollution remediation ef
The U.S. Central Command is reporting yet another significant seizure of weapons in the Gulf of Oman along a route known for weapons trafficking from Iran to Yemen. The latest …
U.S. Coast Guard and National Transportation Safety Board teams have been sent to Argentina to help investigate a string of incidents involving the death and injury of U.S. citizens on …
By Archie Hunter, Alix Steel and Grant Smith (Bloomberg) — The “shadow fleet” of ships that transport Russian oil around the world has expanded to around 600 tankers, according to …
Feb 3 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fifth straight week on Friday, pressured by weaker …
(Reuters) – A European Union ban on Russian refined petroleum products including diesel and fuel oil will take effect on Feb. 5 in an effort to curb Moscow’s revenues from …
By Mike Wackett (The Loadstar) – A parallel freight market is emerging for exports from China that undercuts the lowest container spot rates. Asia-North Europe ocean carriers are proactively quoting
A Louisiana jury has awarded more than $27 million to the family of an offshore worker who was fatally injured in a 2018 workplace accident on an oil and gas …