The trade in sanctioned Russian oil has shifted from Greek waters to eastern Morocco in the Mediterranean, according to Bloomberg. Determined efforts by the Greek coast guard has pushed tankers transferring sanctioned Russian oil out into the Mediterranean Sea to…
CMA CGM is warning customers that a salvage operation has been ordered for one of the containerships it has on charter for the Asia-West Africa service. Full details on the extent of the fire have not been released but in…
[By Ned Molloy] At a March meeting of the UN International Maritime Organisation (IMO) in London, a majority of member states expressed support for a levy on greenhouse gases emitted by the global shipping industry. This fee – along with a fuel…
In mid-May, residents in East Africa woke up to internet disruptions that persisted for nearly a week. Preliminary investigations by communications authorities found that damage to deep-sea cables near a coastal town in South Africa – which supply East Africa…
The Port of Prince Rupert, British Columbia intends to cement its dominance as a gas exporting hub for Asian markets with a $1.3 billion export facility, thanks to U.S. company AltaGas and its Dutch partner Royal Vopak. The two firms…
EU regulations on shoreside power are poised to introduce low-carbon electricity into marine energy mix with limited impact on the transition into sustainable fuels, assuming charging networks can be rolled out in time, industry analysts said. Brussels has allowed shipping…
Clean LR2 MEG LR2’s saw freight levels fall off again this week. The TC1 rate for 75kt MEG/Japan sunk 30 points to WS240.56 and the 90kt MEG/UK-Continent TC20 voyage went from $7.79 million to $6.8 million. West of Suez, Mediterranean/East…
Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as it strives to maintain energy security amid conflict on multiple fronts, according to Israeli officials and government documents. Prime Minister…
Fuelled by strong demand from the industrial sector amid an economic recovery and industrial decarbonisation, China’s liquefied natural gas (LNG) imports could hit a record in 2024, company executives and experts say. China, the world’s top importer of the super-chilled…
Future fuels, newbuilding moves, and how to improve the ships of today were at the fore in the opening panels at this year’s gathering of shipping heavyweights at Capital Link the first of the big conferences in Athens as part…