A decisive moment for global shipping regulation unfolded last week as the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) concluded its 83rd session, which culminated in the approval of draft amendments estab…
Landmark IMO deal set to shake up shipping Read More »
The Panama-flagged vessel, the Eventin, was moved on Thursday (April 17) to the Nordperd anchorpoint, about 3 nautical miles from its previous position. According to official sources it is now at an anchorage where ships carrying dangerous goods…
Russian ‘Shadow Fleet’ Tanker Moved to “Safer” Anchorpoint Read More »
Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according to traders and data from Vortexa.The Arctic…
The U.S. Trade office will this week announce its plan for levying port fees on China-linked ships as part of President Donald Trump’s effort to revive domestic shipbuilding and counter China’s dominance on the high seas.The proposed fees on China-buil…
Global Shippers Await Word on US Port Fees for China-Linked Vessels Read More »
Asian spot liquefied natural gas (LNG) prices remained at a near one-year low this week, as supply disruptions from three export facilities in the region and some buying interest capped losses fuelled by overall weak demand.The average LNG price…
Asian Spot LNG Prices Remain at One-Year Low Amidst Supply Disruptions Read More »