Shipping News
Oil Prices Jump at News of Pause in Saudi Loadings at Red Sea Terminal
Benchmark Brent crude price resumed its upward climb on Tuesday after news of a pause in the loading program at Yanbu, Saudi Arabi...
Read More >>Oman Conducts SAR as US and Iran Argue Over Circumstances of Tanker Attack
The Omani Maritime Security Center confirmed on Tuesday, September 15, that it has undertaken a search and rescue effort for the c...
Read More >>Key Saudi Pipeline Could Be Slowed for Weeks, Affecting Global Oil Trade
Recent attacks on Saudi Aramco's East-West Pipeline have raised concerns in the oil market about the continued availability of car...
Read More >>South Korean Containership Completes NSR Passage Arriving in UK in 21 Days
South Korea’s Ministry of Oceans and Fisheries and the Panstar Group reported that the containership Panstar Arco has completed th...
Read More >>The Liner’s Dilemma: Schedule Integrity vs. Contractual Flexibility
Liner shipping sells predictability. Published schedules, fixed rotations, guaranteed port calls—these are the commercial promises...
Read More >>Turkish Police Seize 350kg of Cocaine from Bulker’s Sea Chest
The police and narcotics units from Turkey’s Ministry of Justice reported a major cocaine seizure recovered by divers examining a...
Read More >>Show of Force Scares Off Pirates While Second Vessel Pays Ransom
Two of the commercial ships hijacked by Somali pirates were recently freed, while four other small tankers remain under the contro...
Read More >>Iran Expands Threats Against Shipping to P&I and Class Societies
Iran’s so-called Persian Gulf Strait Authority released its second update to its blacklist of shipping while also expanding its pa...
Read More >>Nigeria’s Domestic Fleet Goals Progress With Dangote's Expansion Plans
The interest for shipownership in Nigeria is soaring after the government unlocked the Cabotage Vessel Financing Fund (CVFF) early...
Read More >>Interview: Amrit Bhullar, CEO of Oceanbird
Wind-assisted propulsion is among the most promising options available for reducing a ship's fuel bill, and there are a growing nu...
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