Sovcomflot hoists business as usual sign in face of US sanctions against Russia
Shipowner has tanker and LNG carrier tonnage on charter to energy majors
Sovcomflot hoists business as usual sign in face of US sanctions against Russia Read More »
February 2022
Third Day of Bidding: U.S. Offshore Wind Auction Nears $4B
The Biden administration’s sale of offshore wind development rights off the coasts of New York and New Jersey continued to shatter all records on Friday, reaching over $3.8 billion with one single block fetching over $1 billion.The auction, which began…
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Maersk Halts Port Calls in Ukraine
Shipping group Maersk said on Thursday it has halted all port calls in Ukraine until the end of February and has shut its main office in Odessa on the Black Sea coast, as a consequence of the conflict with neighboring Russia.”Services in Russia remain …
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Lines facing cyber-attacks and higher fuel costs from Ukraine crisis
The cost to container shipping of the Ukraine crisis is expected to rise over time, say analysts.
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Bulker rates slide as attacks shatter confidence and shippers declare force majeure
Owners and charterers want to avoid sending vessels to the Black Sea after news that bulkers have been hit by shells
Bulker rates slide as attacks shatter confidence and shippers declare force majeure Read More »