Cambodia will begin construction of its Chinese-backed $1.7 billion Techo Funan canal this August, Prime Minister Hun Manet said, describing the development as a “historic project”.The 180-km (112-mile) canal that will connect the Mekong River…
Cambodia Set to Break Ground on Contentious Techo Funan Canal Read More »
Oil tanker SCF Primorye, owned by Russian state shipping company Sovcomflot and sanctioned by the United States, transferred 1 million barrels of Urals crude onto another vessel off Malaysia last week, data from analytics firm Kpler showed.The oil carg…
Sanctioned Russian Tanker Transfers Urals Crude Oil to Another Ship off Malaysia Read More »
A new construction service operations vessel (CSOVs) being built by Norwegian shipbuilder Ulstein Verft for Olympic has completed sea trials.The newbuild, Olympic Boreas, launched from the dock hall at Ulstein Verft on April 6, is the first of two sist…
Olympic CSOV Completes Sea Trials Read More »
Broker Gibsons says downbeat tanker mood is likely to carry over into this week
Pessimism and Posidonia sends VLCC rates plunging towards year-low Read More »
CEO says mutual is in a good place after rebuilding job following pandemic and economic crisis
War, pandemic and economic crisis: Ian Gooch on 15 years as head of London P&I Club Read More »