In what appears to be a first, the European Union has delisted three previously sanctioned Mitsui O.S.K. Lines (MOL) LNG carriers. The move comes as… Weiterlesen »EU Delists Three Sanctioned MOL LNG Carriers After Assurances Vessels Will Not Carry Russian Arctic Gas

HANOI, July 19 (Reuters) – At least 27 people died after a tourist boat capsized in stormy weather in Vietnam’s Halong Bay on Saturday, state media reported. The boat, carrying 53… Weiterlesen »At Least 27 Killed After Vietnam Tourist Boat Capsizes

By Arunima Kumar July 18 (Reuters) – Exxon Mobil XOM.N has lost its arbitration challenge to block Chevron’s CVX.N $55 billion Hess HES.N acquisition deal, but the top U.S. oil producer managed to delay the… Weiterlesen »Chevron Wins Exxon Case But Loses Time, Oil And Billions

By Sabrina Nelson Garcinuño (Bloomberg) — Barcelona is set to reduce the number of port terminals for cruise ships in the city’s latest attempt to limit… Weiterlesen »Barcelona Reduces Port Capacity to Limit Cruise Ship Calls

Iraq will raise shipments of a key crude grade next month, part of an enlarged export program indicating that the OPEC+ nation is boosting its… Weiterlesen »Iraq Set for Key Oil Cargo Surge in Sign of Increased Output

Offshore wind installation specialist Cadeler has taken delivery of its newest jack-up vessel, Wind Keeper, ahead of schedule and simultaneously secured a substantial long-term contract… Weiterlesen »Cadeler Bags Long-Term Contract With Vestas as New Jack-Up Vessel Arrives Early

ATHENS, July 18 (Reuters) – The Greek former owner of a cargo ship, seized by Spain in 2023 for carrying more than four tons of cocaine along with coffee… Weiterlesen »Greek Owner of Cocaine-Loaded Vessel Seized in 2023 Denies Charges

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy… Weiterlesen »EU’s New Russia Sanctions Aim for More Effective Oil Price Cap

The European Union has adopted its 18th package of sanctions against Russia, with significant measures targeting the maritime sector and Russia’s shadow fleet operations that… Weiterlesen »EU Targets Russia’s Shadow Fleet with Sweeping Sanctions in 18th Package

It was a relatively flat week for pricing on the major deepsea box shipping trades, with a scheduled mid-week general rate increase (GRI) failing to… Weiterlesen »GRIs Fizzle as Transpacific Spot Rates Extend Losing Streak