Greek companies led an exodus of G7-linked crude tankers from Russia in August in a precautionary move to stay compliant with a new, lower price cap by the EU and some G7 countries. Last month, 23.1% of the OPEC+ members’ nearly 3.35 million b/d were loaded by tankers flagged, owned or operated by companies based …
Greek tankers lead G7 exodus from Russia as EU lowers price cap Read More »
Capesize The Capesize market experienced a shifting sentiment over the week, starting on a steady but subdued note before softening midweek, before gradually improving across both basins with renewed support towards the close. In the Pacific, consistent miner and operator activity underpinned the market, although C5 fixtures largely held within the $9.95 to low $10.00 …
Capesize Market Experiences Market Shift Last Week Read More »
The global maritime sector is responsible for about 3 % of greenhouse gas emissions. Traditional marine fuels such as heavy fuel oil and marine diesel are carbon-intensive and emit sulfur oxides, nitrogen oxides as well as particulate matter that can damage human health, degrade marine ecosystems and contribute to climate change. The ENGIMMONIA(opens in new …
Clean LR2 LR2 freight in the MEG improved gently again this week. The TC1 75kt MEG/Japan index went from WS150.28 to WS156.78. A TC20 90kt MEG/UK-Continent trip also climbed up $259,375 to $4.23 million. West of Suez, Mediterranean/East LR2’s ended the week $213,000 higher at $3.19 million for a TC15 Baltic description voyage. This took …
China is quietly building alternative routes to help it export goods to Europe, without passing through its South Sea, to avoid tensions with the United States and its allies in the region. The mountainous city of Chongqing in China has become a major hub for an overland trade route that some say could become the …
On May 22, 2025, the Federal Maritime Commission (the FMC) initiated a nonadjudicatory investigation into whether (1) the vessel flagging laws of certain foreign countries, including jurisdictions colloquially referred to as “flags of convenience,” and (2) competitive methods employed by owners, operators, agents or masters of foreign-flagged vessels, are creating unfavorable shipping conditions in United …
US Federal Maritime Commission’s “Flags of Convenience” investigation advances Read More »
Last month, Lebanon marked in grief the fifth anniversary of a tragedy that struck the heart of the nation’s capital. At 6:08 pm on 4 August 2020, over 2,750 tonnes of ammonium nitrate, which had been improperly stored at the Port of Beirut, detonated, causing one of the largest non-nuclear explosions in history. The disaster …
Strengthening maritime safety frameworks: lessons and reforms since the Beirut blast Read More »
The Marine Accident Investigation Branch (MAIB) has published a consultation paper on replacing the existing Merchant Shipping (Accident Reporting and Investigation) Regulations 2012 with revised 2025 Regulations that are intended to “‘streamline’ investigating procedures, modernise terminology and enhance reporting obligations.” Below are the links to the proposed 2025 Regulations; the consultation document; and the consultation …
Solemne acto presidido por el nuevo comandante-director, Tomás Clavijo Rey-Stolle La Escuela Naval Militar inauguró ayer el curso académico 2025/2026 en un acto solemne presidido por el nuevo comandante-director, Tomás Clavijo Rey-Stolle, quien en su discurso destacó “la importancia de la disciplina, el honor y la vocación de servicio como pilares fundamentales en la vida …
Inauguración del nuevo curso académico en la Escuela Naval Militar de Marín Read More »
Jornada Tiempo completo Tipo de contrato Indefinido Experiencia De 2 a 5 años Localidad Camas Num. Vacantes 1 Referencia 85E9C04B-1638-C159-E683-CBE49C72F3DD Administrativo/a de Facturación con discapacidad en Camas, España La entrada Administrativo/a de Facturación con discapacidad se publicó primero en Actualidad Marítima y Portuaria.
