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U-Ming Names First LNG Carrier as Diversification and Expansion Continue

U-Ming Names First LNG Carrier as Diversification and Expansion Continue

  Taiwanese shipping company Un-Ming reports that it is continuing its business growth and diversification strategy with the naming of its first LNG carrier. According to the company, the commissio...

UK Softens New Restrictions on Russia-Linked Fuel Imports

UK Softens New Restrictions on Russia-Linked Fuel Imports

  The UK is critically dependent upon imported supplies for jet fuel, and the shutdown of the Strait of Hormuz has badly crimped the availability of middle distillates on the global market. In resp...

Seafarer Stabbed and Dies on Tanker Waiting for Scrapper off Bangladesh

Seafarer Stabbed and Dies on Tanker Waiting for Scrapper off Bangladesh

  The authorities in Bangladesh are dealing with an apparent murder after two crewmembers got into what is being described as a “serious onboard altercation.” The local shipping agency appointed to...

Indonesia Imposes Commodity Export Controls to Fight Tax Evasion

Indonesia Imposes Commodity Export Controls to Fight Tax Evasion

  Indonesia's government is making an unusual move to centralize control over the export of commodity products, notably palm oil to coal. The decision has significant implications for regional trad...

South Korea Tentatively Selects Small Container Line for Test Arctic Voyage

South Korea Tentatively Selects Small Container Line for Test Arctic Voyage

  South Korea’s Ministry of Oceans and Fisheries is defending its plan to run a trial containership voyage along Russia’s Northern Sea Route later this year. Media reports, however, are suggesting...

IDsure Closes €600k Seed Round to Scale Digital Certificate Infrastructure

IDsure Closes €600k Seed Round to Scale Digital Certificate Infrastructure

[By: IDsure] IDsure, the digital identity infrastructure for the maritime industry, today announced the close of a €600,000 seed round. The funding will accelerate IDsure's rollout on two fronts: d...

Mexico Denies Approval for Royal Caribbean’s Yucatán Amusement Park

Mexico Denies Approval for Royal Caribbean’s Yucatán Amusement Park

The Government of Mexico confirmed that it plans to deny permits to Royal Caribbean International, which was planning to build a massive amusement waterpark on Mexico’s Yucatán Peninsula. It is seen...

Iran War Prompts GCC Countries to Reduce Regional Trade Barriers

Iran War Prompts GCC Countries to Reduce Regional Trade Barriers

  Faced with the urgent demands of their customers, logistics operators are not waiting for a political settlement to the war in the Gulf to solve their problems and the interruption of supply thro...

Video: U.S. Forces Board and Redirect Iranian Product Tanker

Video: U.S. Forces Board and Redirect Iranian Product Tanker

U.S. forces moved aggressively on Wednesday, May 20, reporting they had briefly boarded an Iranian-flagged product tanker. The vessel was inspected and later released, but was also ordered to alter...

Chinese and Korean VLCCs Clear Hormuz as Iran Claims to Increase Traffic

Chinese and Korean VLCCs Clear Hormuz as Iran Claims to Increase Traffic

Iran continues to control the flow of tankers through the Strait of Hormuz for political and propaganda gains as the war of words continues over the peace negotiations. The Islamic Revolutionary Gua...