Ship Insurers to Cancel War Cover for Russia, Ukraine from January 1
LONDON, Dec 28 (Reuters) – Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face …
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LONDON, Dec 28 (Reuters) – Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face …
The U.S. Coast Guard’s heavy icebreaker USCGC Polar Star (WAGB 10) has begun its journey across the Southern Ocean to Antarctica for its annual resupply mission. The icebreaker departed Hobart, …
I don’t know about you but this video gives me the heebie jeebies. As you can tell from the title, a group of ice skaters are, well, skating when a …
Dwell times for local containers at the ports of Los Angeles and Long Beach have returned to pre-pandemic levels, reflecting improving congestion conditions amid a steep drop in inbound containers. …
By Alexander Marrow and Vladimir Soldatkin MOSCOW, Dec 27 (Reuters) – President Vladimir Putin on Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans …
By Mike Wackett (The Loadstar) – A year ago, shippers were desperate to agree annual contract deals with ocean carriers to secure their supply chains, and were prepared to do, …
The Port of New and New Jersey ranked as the busiest port in the United States for a fourth month in a row in November. The port reported handling 723,069 …
By Josh Saul (Bloomberg) — Shell New Energies, EDP Renewables and Engie asked regulators for a delay in the planning of a proposed joint-venture offshore wind farm, the latest potential …
TOKYO, Dec 27 (Reuters) – The Japanese government has asked insurers to take on additional risks to continue providing marine war insurance for liquefied natural gas (LNG) shippers in Russian …
By Ana Monteiro (Bloomberg) — The US merchandise-trade deficit narrowed in November to the smallest since December 2020 due to a plunge in imports. The shortfall decreased 15.6% — the …
Japanese shipping company Ocean Network Express (ONE) has announced an agreement to acquire controlling stakes three U.S. West Coast container terminals. ONE has signed definitive agreements to acqui
By Shoko Oda and Tsuyoshi Inajima (Bloomberg) — Japan’s buyers of Russian liquefied natural gas are assessing how imminent changes to shipping insurance — triggered by the ongoing war in …
Dec 24 (Reuters) – A major Russian shipyard that specializes in building non-nuclear submarines said its general director had died suddenly on Saturday after 11 years in the job, but …
Heather Welch (The Converstion)–In January 2019, the Korean-flagged fishing vessel Oyang 77 sailed south toward international waters off Argentina. The vessel had a known history of nefarious activiti
By Stephen Stapczynski (Bloomberg) A winter storm battering huge swaths of the US threatens to temporarily disrupt exports of liquefied natural gas from the Gulf Coast, exacerbating the global fuel …
TOKYO, Dec 24 (Reuters) – Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the war in Ukraine, potentially affecting Japan’s energy imports …
National Transportation Safety Board Chair Jennifer Homendy welcomed much-needed maritime safety improvements included as provisions in the $858 billion annual defense spending bill, which President B
The Port of Long Beach has received upgraded ratings from Standard & Poor’s, one of the nation’s leading credit-rating agencies, in recognition of the ports strong market position and stable …
By Kevin Varley (Bloomberg) — Billionaires over the world have descended upon the Caribbean ready for Christmas and New Year parties, as the yacht count in the region has more …
Starting on January 1st, all ships will be required to calculate their carbon intensity to help measure and report on their environmental efficiency. Known as the Energy Efficiency Existing Ship …