The Nord Stream gas pipelines were attacked in 2022 as a direct result of Russia’s invasion of Ukraine, insurers told a London court on Thursday as they seek to avoid paying out nearly 580 million euros ($684 million) over blasts that hit the…
Nord Stream Blast: Insurers Seeking to Avoid Payout Read More »
The Panama Canal Authority on Thursday downplayed a report that an LPG vessel paid $4 million to jump the transit queue, saying the result reflected temporary market conditions rather than a fee set by the waterway, as the Iran war drives more…
Panama Canal Downplays Report of “Line Jumping” Read More »
This week, wind-assist company BAR Technologies published an article on LinkedIn titled The Charter Party Challenge, the challenge being how do shipowners reap the benefits of installing wind-assist technology when it is the charterer that usually…
Wind Power and the Charter Party Challenge Read More »
Bulker owner-operator has put numbers on how war in the Gulf is affecting seaborne trade
‘Fear of fixing’ lifts for dry cargo players, Pacific Basin says Read More »
CIMAC, One Sea, the Nautical Institute and INTERCARGO have jointly called on the International Association of Classification Societies (IACS) to issue a unified interpretation of class rules governing the changeover of propulsion power control…
Industry Bodies Call for Harmonized Propulsion Control Changeover Rules Read More »