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For the first time, the government of the UK has directly sanctioned top Russian oil exporters Rosneft and Lukoil, the two biggest crude producers in Russia and key players in financing the ongoing invasion of Ukraine.
For reasons not yet apparent, Iranian flagged tankers have turned their AIS transmitters back on. For the past seven years, since 2018 when the United States re-imposed sanctions, most Iranian-flagged tankers have travelled the seas with their AIS transmitters turned off in a bid to disguise sanctions-breaking traffic.
As the United States Trade Representative (USTR) fees come into force this week the Port of Los Angeles (Port of LA) has just one Chinese built ship calling in the seven day period.
The merchant shipping industry continues to face the threats of piracy and armed robberies, but the ICC International Maritime Bureau, in its latest report, also points to progress, including the arrest of two gangs that were terrorizing the area around the Singapore Strait.
In a first for an Indian shipbuilder the French international container line committed to six 1,700 teu newbuildings.
The Malta-flagged dry bulk carrier Vezhen was detained by Swedish authorities on suspicion of causing the damage.
From splash247.com
$1.7m. That’s the fee – or RMB12.1m – that the German owners of the US-flagged Matson Waikiki are being forced to pay to allow the vessel to dock in Shanghai, a sizeable sum, and an indication of the chaos, and costs, that are arising from yesterday’s introduction of hiked port fees by Washington and Beijing.
NATO Maritime Command is pleased with the results of its enhanced patrols in the Baltic, which were ramped up in response to a string of suspicious and possibly intentional subsea damage incidents. Russia's "shadow fleet" tankers are closely watched by NATO forces because of concerns of malicious anchor-dragging and other acts of sabotage in the Baltic, and a spokesman recently told Moscow Times that the patrol efforts are working.
Shipping has begun to move again at Belgium’s ports after a 10-day job action by the unions representing the pilots in protest of government pension reforms.
From splash247.com
The dollar’s wobble exposes shipping’s one-currency weakness, writes Andrew Craig-Bennett.
From splash247.com
Greek shipowner Evangelos Marinakis is expanding his VLCC newbuilding programme, signing a contract for a 306,000 dwt supertanker at China’s Hengli Heavy Industries.
From splash247.com
China’s Shandong Ocean Shipping Group is expanding into the capesize bulker segment with a pair of newbuildings.
From splash247.com
France’s Sogestran Group is upgrading its bunker tanker fleet with an order for two new vessels at China Merchants Industry Yangzhou Dingheng Shipyard.
The UK government announces sanctions on Russian oil companies including Nayara Energy for importing billions of dollars' worth of Russian crude in 2024.
From www.world-grain.com
Says it would be in response to China halting purchases of US soybeans
From www.world-grain.com
Updates members, sets priorities for 2026
From www.world-grain.com
Central Milling Laboratory supports 31 facilities in North America
From www.world-grain.com
Hires Blumberg Grain to develop infrastructure to support local farmers
From www.world-grain.com
AEGIC project facilitates discussions for countries’ stockfeed industries
India US Trade: US President Donald Trump reveals that Indian Prime Minister Narendra Modi has pledged to cease purchasing oil from Russia, signaling a significant shift in energy trade dynamics.
India LNG-powered Container Ships: India secures the first global order worth $300 million to construct LNG-powered container ships, marking a significant milestone for the Indian shipbuilding industry and positioning the country as a key player in the global market.
MaryAnne Edwards, director of marketing and development at the upcoming African Boating Conference, assesses the growth of South Africa’s marine industry, its potential and the boost in visiting yachts, and what it means for the local refit sector.
Shipping traffic at the Port of Antwerp-Bruges is gradually returning to normal after more than a week of disruption caused by industrial action by Flemish pilots.
From breakbulk.news
A First for Foreign Shipowners, a Boost for Indian Shipbuilding In a landmark move for India’s maritime industry, CMA CGM Group has signed a letter of intent for six new 1,700 TEU dual-fuel LNG-powered containerships to be built at Cochin Shipyard Ltd (CSL).
From breakbulk.news
A new Memorandum of Understanding (MoU) between Gazelle Wind Power Limited and Titan Wind Energy (Suzhou) Co., Ltd marks a significant step toward industrializing and scaling floating offshore wind technology worldwide.
