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Shipbuilder Damen sues Dutch government over Russia sanctions

Dutch shipbuilder Damen Shipyards has sued the Dutch government over damages it says it has suffered due to European sanctions...
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ILWU Dockworkers Union’s Sway at West Coast Ports Is Tested in Bankruptcy

The West Coast dockworkers union’s bankruptcy filing puts a dent in the armor of one of the country’s most powerful...
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Approval in Principle for Methanol Superstorage solution on existing ships

A new and space-efficient retrofit methanol storage solution from SRC Group has received Approval in Principle from Lloyd’s Register, signifying...
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US LNG exports slump in September as plant outages pare output

U.S. exports of liquefied natural gas (LNG) fell modestly in September from August as scattered outages at four gas-processing plants...
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WFW enhances Athens maritime offering with new partner and team hire

Watson Farley & Williams (“WFW”) is pleased to announce that maritime expert and asset finance lawyer Konstantinos (Dinos) Mexias has...
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Venezuela’s September oil exports hit second highest this year

Venezuela’s oil exports in September topped 800,000 barrels per day (bpd), the second-highest monthly average this year, as state-run oil...
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‘Evenly balanced’ risks mean lower commodity prices, but robust volumes

The heat is coming out of global commodity prices and the risks to the outlook are “evenly balanced”. That’s the...
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India’s crude oil imports from Saudi Arabia drop 36% in September

India saw a significant drop in crude oil imports from Saudi Arabia in September, with a notable decline of 36...
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Baltic index hits over 11-month peak on Capesize strength

The Baltic Exchange’s main dry bulk sea freight index .BADI rose to its highest in over 11-month on Tuesday, steered...
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Platts launches East China LNG bunker assessment

Platts, part of S&P Global Commodity Insights, has launched a daily LNG bunker fuel price assessment, reflecting the value of...
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Shipping must become green but also remain safe

Danish Shipping has been working in recent weeks to establish guidelines for the new green fuels at the recent meeting...
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Mitsubishi Shipbuilding Delivers LNG Fuel Gas Supply System (FGSS) for LNG-fueled Car Carriers Built by Shin Kurushima Dockyard Co., Ltd.

Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, delivered a Fuel Gas Supply System...
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U.S. petroleum product exports set new record in the first half of 2023

U.S. petroleum product exports totaled nearly 6.0 million barrels per day (b/d) in the first half of 2023, 2% more...
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Shipper MSC to buy 50% stake in Italian passenger rail group Italo

Shipping group MSC has entered into a binding agreement to acquire a 50% stake in Italian passenger rail operator Italo,...
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Panama Canal” Vessels In Queue Lower Than Last Year’s

The Panama Canal’s budget for fiscal year 2024 begins next Sunday, as the authority will continue to manage its operations to...
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Asia’s crude oil imports slip in Sept as price hike bites

Asia’s crude oil imports slipped for a second consecutive month in September as refinery maintenance trimmed demand and the impact...
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OSV Market In Complete Turnaround of Fortunes

The OSV (Offshore Support Vessel) is in a state of complete recovery from the lows of the past couple of...
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Asia Fuel Oil-HSFO cash premiums fall, timespreads crunch

Asia’s high sulphur fuel oil market softened on Monday, with cash premiums sliding and backwardation time spreads narrowing sharply compared...
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Higher capesize rates drive the Baltic index higher

The Baltic Exchange’s Main Sea Freight Index.BADI, tracking rates for ships carrying dry bulk commodities, rose on Monday, aided by...
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Shoreline unveils – MARPOL Detention Costs Insurance (MDCI): An essential new insurance solution when faced with expanded U.S. MARPOL investigations

Shoreline, a leading provider of maritime risk solutions, is proud to introduce its innovative new marine insurance product, MARPOL Detention...
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