Yearly Archives: 2022
Insurance Company Warns Of Old Containers Pressed Back Into Service
A Splash 247 news source by Sam Chambers says that safety warning as old containers are pressed back into service.
Warning from insurance company
TT Club,...
Spot WAF Gasoline Demand Leads To LR Tankers Capitalization
West Africa replenishing depleted gasoline storage
Trans-Atlantic rates could be pressured lower
A Platts news source says that LR tankers capitalize on spot WAF...
LNG Vessel’s U-Turn To U.K Highlights European Energy Crisis
Getting LNG to gas-starved Europe is so profitable that one tanker carrying the fuel made a U-turn in the Pacific Ocean, crossed the...
Record Amount of Illegal Drugs and Weapons Seized By U.S. Naval Forces
U.S. and international forces operating under U.S. Naval Forces Central Command, U.S. 5th Fleet, and Combined Maritime Forces (CMF) seized record amounts of...
Shipping Giant Dismisses ‘Baseless’ US Lawsuit!
Mediterranean Shipping Co (MSC), the world’s largest containerline, has hit out at the “baseless complaint” made by an American decor manufacturer in a long...
‘Guidance for Innovative Energy Efficiency Technologies’ Revised
At the 77th session of the IMO Marine Environment Protection Committee (MEPC77) held in November 2021, "Guidance on treatment of innovative energy efficiency technologies...
TT Club Reports A Rise in Differing Cargo Theft Types
The international freight and logistics insurer TT Club has conducted a study for cargo theft in the US with data from the third quarter...
Castor Maritime Announces $55.0m Debt Financing & New Charter
Castor Maritime Inc. announces the closing and drawdown of a $55.0 million senior term loan facility with a European bank (the “$55.0 Million Financing”),...
Empowering Chartering & Marine Operations Worldwide
Q88 website presents a customer case study of Sokana.
Sokana tanker management company
Sokana is a commercial tanker management company renowned for operating and trading excellence....
LNG Shipping Stocks Still Go Up
The UP World LNG Shipping Index, the world’s only stock index focused on LNG shipping companies, gained 3% last week. US stocks represented by...