MSC First Liner Major To Take Action Against Bunker Surcharge

Mediterranean Shipping Co (MSC) has become the first liner major to take action against the extraordinarily volatile fuel bills it is facing, announcing yesterday...

Crude Oil Falls Amid Russia-Ukraine Talk, COVID-19 Cases Surging In China

Crude oil futures opened lower in Asian morning trades March 15 amid hopes of progress in Russian-Ukraine peace talks and as surging coronavirus cases...

Panama Canal Postpones Neopanamax Lock Draft Restrictions

Postponed draft decrease extends fully-laden Suezmax transits 49-foot draft restriction limits Suezmax tankers, Neopanamax container ship transits Waiting times for transit decrease to...

Maersk First Shipping Firm To Sign Up To Amazon’s Climate Pledge

Amazon’s Climate Pledge initiative has announced nearly 100 new signatories, including the first shipping line in the form of Denmark’s Maersk, reports Splash 247. The...

The Implications Of The Ukraine War On Crew Contracts, Claims, And...

Many members of the Gard use Ukrainian and Russian seamen. We answer some of the most common questions about employment terms, as well as...

ICS Amended Green R&D Fund Plan To Earmark $500m

Representatives of the global shipping industry, supported by governments, set out proposals on how a planned global R&D fund can be adapted to support...

Designing A Worldwide R&D Fund To Help Poor Economies

  Updated proposals submitted to the UN International Maritime Organization (IMO) outlined how a planned $5bn IMO Maritime Research Fund (IMRF). Co-sponsors of the...

Peace Talks ‘Sound More Realistic’

Ukrainian President Volodymyr Zelensky said on Wednesday peace talks were sounding more realistic but more time was needed. In a hint of a...

Covid-19 Could Surge in Ukraine, Warn Doctors

Global health officials have warned that there will be a rise of Covid-19 cases in Ukraine tied to Russia's invasion, but doctors also worry...

It’s Time For Asian Refiners To Find Russian Alternative

OPEC+ should ideally raise output by more than 800,000 b/d Saudi Arabia content with high prices, unlikely to boost supply Iranian crude not...