Diana Shipping Charters m/v DSI Phoenix to Cargill in Lucrative Deal
Diana Shipping Inc. has secured a new time charter contract with Cargill Ocean Transportation for its 2017-built Ultramax dry bulk vessel, m/v DSI Phoenix. The vessel will earn a gross daily rate of $13,500,...
25/2024: “Under Way” vs “Not Under Way” in SEEMP Fuel Reporting
New MARPOL Annex VI data requirements will take effect on August 1, 2025, requiring ships to collect detailed fuel consumption data by consumer and operational status.
"Under way" and "Not under way" must...
US–EU Strike 15% Tariff Deal to Avert Trade War
U.S. reduces proposed tariffs on EU goods from 30% to 15%, averting a looming trade war.
The EU pledges $600 billion in U.S. investments and up to $750 billion in energy purchases.
While Germany welcomes...
PetroChina Delivers China’s First ULSFO Bunkering at Yangshan Port
PetroChina produced about 10,000 mt of ULSFO.
Refuels 875 mt at about Platts’ LSMOG delivered Singapore minus $20/mt.
H1 Singapore's ULSFO bunker sales stand at 4,500 mt.
PetroChina has produced about 10,000 mt of...
Strait of Hormuz and the Strategic Calculus of Iran’s Deterrence Doctrine
Iran utilizes the Strait of Hormuz as a geopolitical pressure point to deter threats without resorting to direct conflict.
The nation’s “active defense” strategy blends asymmetric warfare with legal and psychological tactics.
Disrupting...
AD Ports Signs 50-Year Deal with Emirates Food Industries
New Grain Storage Complex Planned at Khalifa Port.
Strategic Agreement Boosts UAE’s Food Security Infrastructure.
150,000-Ton Grain Facility to Enhance Supply Chain Resilience.
AD Ports Group has just signed a groundbreaking 50-year land lease...
Delaware River Oil Spill Exposes Critical Lapse in Pre-Transfer Communication
Coast Guard Urges Face-to-Face Pre-Transfer Conferences After Spill.
Safety Standdowns Recommended Following 4,200-Gallon Oil Discharge.
Unannounced Compliance Checks Advised After DOI Lapses Lead to Spill.
A recent oil spill on the Delaware River has...
CK Hutchison in Talks to Invite Chinese Investor for Ports Sale after Beijing’s Scrutiny
Hutchison Ends Exclusive Talks, Opens Bidding After Regulatory Concerns.
China Flags Competition Review, Pressures Ports Deal Restructuring.
Geopolitical Tensions Cloud Sale of Panama Canal Ports.
CK Hutchison announced on Monday that it’s in talks...
Tanker Detained for Unauthorized Anchoring in Johor Waters
MMEA Intercepts Vessel Off Tanjung Segenting for Lack of Permits.
18 Crew Held After Tanker Anchors Without Approval in Malaysia.
Foreign Tanker Detained While En Route to Vietnam.
The Malaysian Maritime Enforcement Agency (MMEA)...
Houthis Threaten All Ships Linked to Israeli Trade
Red Sea Tensions Rise as Houthis Expand Naval Blockade.
Houthi Rebels Escalate Attacks, Target Global Shipping Firms.
Greek-Owned Ships Attacked as Houthis Step Up Campaign.
The Houthi rebel group in Yemen has announced that...