Oil Tanker Hit by U.S. Sanctions
A Russian-flagged vessel is headed to Malaysia under U.S. sanctions, according to shipping data. This comes amid increasing international scrutiny of businesses connected to Moscow after the invasion of Ukraine, reports Streets Register.
The investigation
According...
Why Russian ‘£15BILLION-a-day’ Invasion Isn’t Going To Plan
Vladimir Putin's invasion of Ukraine is not going to plan due to Kremlin 'overconfidence' about war aims
Ukrainian intelligence has claimed that Russia is running out of money, weapons, and resources fast
Two...
US Department Of Transportation Announces $450m To Expand Port Capacity
The US Department of Transportation’s Maritime Administration (MARAD) announced on February 23 nearly $450m in newly available grant funding for port-related projects through the Port Infrastructure Development Program (PIDP) – the largest investment ever...
Odfjell Oceanwind Order First Batch Of MOWUs
Odfjell Oceanwind plans to order the first batch of floating Mobile Offshore Wind Units (MOWUs) later in 2022, with a plan of going into operation in 2024.
The first MOWUs are intended for...
Is Marpol Annex IV Fit For The Purpose Of Vessel Sewage?
About 10,000 m3 of screenings are deposited into our oceans every year. This sea-based source of marine litter is unfortunately permissible under the Annex IV of Marpol Convention that regulates sewage pollution from ships,...
VLSFO Cracks Climbed To The Highest Level In Two Weeks
Asia's front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) climbed to their strongest level in more than two weeks on Friday, posting a weekly rise, lifted by firmer bunker demand, says an article...
The Brazilian Soya Bean Export Season Is Underway!
The Brazilian soya bean export season is underway with the bulk of the beans scheduled for export in March, April and May. The long voyage time to Chinese ports together with pandemic related delay...
The New Louisiana LNG Plant To Deliver Its First Fuel
According to gas supply statistics, a liquefied natural gas vessel docked at Venture Global's Calcasieu Pass export facility in Louisiana as reported by Ekathi Merini.
Slated to depart
Since early February it is nearly loaded and...
Shippers Bracing For A Raft Of Emergency Bunker Surcharges
Shippers are bracing for a raft of emergency bunker surcharges from ocean carriers, as oil prices hit eight-year highs.
Following Russia’s invasion of Ukraine, the price of crude oil has soared to its...
Russia’s Nuclear Forces On High Alert
Kyiv remains in Ukrainian hands after fierce fighting; Ukraine says it took back control of Kharkiv, the country's second-largest city.
E.U., U.S. sanctions As the fighting continued into its fourth day, the president...