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Robert Huish (The Conversation)–The European Union and the United States are now targeting maritime protection and indemnity (P&I) insurance clubs to limit Russian shipping capacity and cap the price
By Kevin Varley (Bloomberg) –The cleanup of the world’s oceans is being hindered by visa requirements, tariffs on equipment, and restricted access to local ports and waste management facilities, acco
By Andreas Rinke and Andi Kranz WILHELMSHAVEN, Germany, Dec 17 (Reuters) – The speed with which Germany managed to build and link up its first floating gas terminal to replace …
by Carolyn Cohn (Reuters) Insurers may refuse to cover planes flying to Ukraine or ships sailing through the Black Sea as reinsurers – who insure the insurers – propose excluding …
The ports of Los Angeles and Long Beach have announced plans to end the Container Dwell Fee that they never technically implemented, marking the latest sign that the imports surge …
By Alberto Brambilla (Bloomberg) — Italy’s Fincantieri SpA wants to slash its debt-to-profit ratio in its new business plan through 2027, as the state-controlled shipbuilder looks to avoid seeking ne
Dec 16 (Reuters) – The Baltic Exchange’s dry bulk sea freight index .BADI rose on Friday and posted its biggest weekly percentage gain since late-September, buoyed by strong demand for …
Disney may have purchased the last large cruiseship constructed by the famed shipyard MV Werften. The shipyard’s new owner desires to broaden their military sales. By William Wilkes and Michael …
The Australian Transport Safety Bureau has issued its final report into the loss of containers from the APL England off Sydney, finding that the ship’s fittings were in poor condition. …
The International Maritime Organization (IMO) on Friday concluded its latest Marine Environment Protection Committee meeting, known as MEPC 79. Part of the IMO Council, the MEPC is responsible for mat
Out of the more than two dozen international banks that have reported emissions data of their ship finance portfolios, only seven are aligned with the IMO’s current ambition of reducing …
A 60-foot fishing vessel carrying roughly 1,000 gallons of diesel ran aground on Santa Cruz Island of the coast of Southern California on Thursday morning, spilling some of the fuel …
By Serene Cheong, Julian Lee and Sharon Cho (Bloomberg) — There are tentative signs that oil tanker companies are avoiding sending their ships to collect crude from a key Russian …
By Mike Wackett (The Loadstar) – Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their advertised sailings from Asia to North Europe …
Norwegian energy company Equinor has announced the start of production for Phase 2 of its giant Johan Sverdrup oil field development in the North Sea. “The entire Johan Sverdrup field …
The U.S. Federal Maritime Commission, the independent government agency responsible for overseeing competition in the international ocean shipping supply chain, has launched a probe into shipping line
Proman Stena Bulk has successfully taken delivery of its fourth methanol-fueled tanker, Stena Prosperous, paving the way for methanol’s uptake as a viable alternative fuel to help reduce emissions fro
By Steven Arons, Áine Quinn and Alex Longley (Bloomberg) — Some of the biggest names in ship reinsurance are days away from ceasing to cover key war-related risks for vessels …
A.P. Moller – Maersk has announced its ninth partnership on the supply of green methanol fuel to power the shipping giant’s fleet of methanol-powered containerships. The latest comes in the …
By Petra Sorge, Vanessa Dezem and Michael Nienaber (Bloomberg) — Germany’s first liquefied natural gas terminal arrived on the country’s north coast, the first of several specialist tankers Berlin is
