Russia’s effort to conquer Ukraine may culminate within the next 10 days, reports Cepa. Ammunition shortages The Russians are experiencing ammunition shortages. Their transition to attrition warfare is driving up consumption rates beyond what they had...

Crude oil futures are expected to remain volatile as the escalating Russian-Ukraine conflict, along with Iran nuclear deal talks keep market participants on the edge. At 0200 GMT March 14, front-month May ICE Brent crude...

Low sulfur and high sulfur fuel oil cargo premiums were rising in Asia and Europe, partly due to less product being loaded at Russian ports, and this trend is expected to continue into the...

Mediterranean Shipping Co (MSC) has become the first liner major to take action against the extraordinarily volatile fuel bills it is facing, announcing yesterday its fuel surcharges will be reviewed on a fortnightly –...

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 in China shook investor confidence, says an article published in...

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 six days southbound The first draft reduction for the NeoPanamax locks...

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 Climate Pledge In 2019, the giant US online marketplace founded The...

Many members of the Gard use Ukrainian and Russian seamen. We answer some of the most common questions about employment terms, as well as the impact of the conflict on P&I coverage for crew...

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 the developing economies, says a press release published in ICS...

  Updated proposals submitted to the UN International Maritime Organization (IMO) outlined how a planned $5bn IMO Maritime Research Fund (IMRF). Co-sponsors of the latest proposal include Liberia, Nigeria and Palau. This would be...