New BIMCO Clause Addresses USTR Actions
The Documentary Committee of BIMCO adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) Notice of Actions to impose fees on Chinese-related ships calling...
UK Hits 135 ‘Shadow Fleet’ Tankers in Major Sanctions Sweep
On 21 July, the UK announced 137 new sanctions to ramp up pressure on Russia’s oil industry and target shadow fleet operations, according to Reuters.
UK Blacklists 135 Russian Tankers
According to the UK Government, the...
Putin Orders FSB Gatekeeping for All Foreign Vessel Arrivals
Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir Putin, reports Reuters.
Russian Ports Now Under Watch
The decree said that...
Hanwha Philly Secures Landmark LNG Carrier Construction Deal
Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, marking the first order by a US shipyard for an...
New Guidance Reinforces Onboard Movement Standards for UK Ships
The Maritime and Coastguard Agency (MCA) has issued Marine Guidance Note (MGN) 532 (M) Amendment 4, which provides updated guidance to shipowners, operators, managers, employers of seafarers, masters, officers, and crew regarding the safe...
[Watch] The Dangers of Rope Twisting
The twisting of mooring ropes is a common problem that can reduce the strength of a rope and pose potential safety hazards to the ship's crew.
Inspecting mooring ropes regularly for signs of twisting and...
Container Shipping Sees Strong Growth as Outlook Turns Uncertain
US Tariff Uncertainty Weighs on Industry Outlook.
Global Fleet Grows to 6,766 Ships, 30.8 Million TEU.
2024 Sees 26.7% Surge in New Vessel Deliveries.
As we step into 2025, the container shipping industry is...
Joint Methanol Bunkering Guidelines Unveiled by Shenzhen and Hong Kong
Cross-Border Guidelines Set for Methanol Bunkering Operations.
Unified Safety Standards Rolled Out for Methanol Fuel Ships.
Shenzhen–Hong Kong Collaboration Eases Green Fuel Compliance.
In a bid to meet the growing demand for methanol as...
LNG Shipping Index Falls 1.36% as Market Holds Steady in Low-Volume Phase
The UP World LNG Shipping Index declined 1.36%, breaking a key support level amid continued low volatility and trading volume.
Tsakos Energy Navigation led the week's declines, while New Fortress Energy gained over...
BAR Technologies to Equip LR2 Tankers with WindWings
Wind Propulsion Takes Off on LR2 Tankers with BAR Technologies Deal.
Union Maritime Orders WindWings for Dual-Fuel LR2 Tankers.
BAR’s WindWings to Cut Emissions on New LR2 Tankers.
UK-based wind propulsion expert BAR Technologies...