Bulk
Shortage of oil tankers at hand as Red Sea attacks divert trade
| February 26, 2024 | Energy | Maritime | Bulk
Longstanding warnings from the oil tanker industry that too few of the ships are being built are coming back to haunt the market after Houthi attacks on commercial shipping caused widespread diversions in global petroleum trades.
Houthi attack on ship led to ‘environmental disaster,’ US says
| February 24, 2024 | Maritime | Bulk
Wilson Sons: 66% growth attending bulk carriers in Brazil through its shipping agency
| February 23, 2024 | Maritime | Bulk
With expertise in agribusiness and new clients, the company expands market share in segments such as soybeans, corn, wheat and barley...
Tanker - Weekly Market Monitor from Signal
| February 22, 2024 | Energy | Maritime | Bulk
Snapshot of crude and product freight rates, supply-demand
LNG-bunkering vessel “Brassavola” carries out first bunkering service to bulk carrier
| February 20, 2024 | Maritime | Bulk
Ukraine plans new Danube export route to beat Polish border spat
| February 20, 2024 | International Trade | Commodity | Maritime | Bulk
Ukraine said it’s planning an additional route via the Danube River to boost exports to pre-war levels as a spat with Poland over agricultural deliveries blocks a land border with the European Union.
Twice-attacked commodity shipper to stop using the Red Sea
| February 14, 2024 | Maritime | Bulk
Commodity shipping company Star Bulk Carriers Corp. will no longer sail through the Red Sea after attacks on two of its ships by Yemen’s Houthi rebels since last week.
Tankers tied to the Russian oil trade grind to a halt following US sanctions
| February 13, 2024 | Energy | Maritime | Bulk
A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible effects on Moscow.
The oil was from Iran. The insurance was from New York
| February 09, 2024 | Maritime | Bulk
American Club insures more tankers suspected of violating US sanctions than any of its Western rivals.
Latest US oil sanctions make Greek owners wary of Russian return
| February 09, 2024 | Energy | Maritime | Bulk
US sanctions on firms moving Russian oil may be turning up the pressure on the Kremlin — but they risk scuppering efforts to drive the nation’s petroleum trade out of the shadows.
Russian oil tanker U-turns hours after being hit by US sanctions
| February 09, 2024 | Energy | Maritime | Bulk
European tire recycling company announces $46 million plan to build first U.S. facility in Louisiana
| February 08, 2024 | Green Shipping | Maritime | Bulk | Ports & Terminals
Life for Tyres Group Limited, Europe’s largest end-of-life tire recycling company with the manufacturing facilities for sustainable commodities, announced it will invest $46 million to establish its first U.S. processing facility on 10 acres at the Port of South Louisiana.
TOP Ships Inc. announces vessel refinancings and full redemption of Series F perpetual preferred shares
| February 07, 2024 | Maritime | Bulk
G-7 aiming to force Russian oil away from shadow fleet, UK government official says
| February 07, 2024 | Energy | Maritime | Bulk
Japan’s Mitsui OSK says old LNG carriers have big methane issue
| February 06, 2024 | Energy | Alternative | Green Shipping | Maritime | Bulk
Methane leaks from an older generation of ships powered by liquefied natural gas are limiting the climate benefit of the fuel, Mitsui OSK Lines Ltd. President Takeshi Hashimoto said in an interview in India on Tuesday.
Russia’s seaborne crude exports surge after disruptions end
| February 06, 2024 | Energy | Maritime | Bulk
Flows jump by 900,000 barrels a day on recovery from storms and maintenance
US sanctions halt delivery of new vessels to Russian LNG plant
| February 06, 2024 | Energy | Maritime | Bulk
Oldendorff Carriers to significantly reduce emissions by outfitting three Norsepower Rotor Sails™ to a post-Panamax bulk carrier
| February 05, 2024 | Energy | Alternative | Green Shipping | Maritime | Bulk
Oldendorff and Norsepower have announced an agreement to use Norsepower Rotor Sails™ to further reduce CO2 emissions on a modern bulk carrier.
Greek shipowners are stampeding out of the Russian oil trade
| February 05, 2024 | Energy | Maritime | Bulk
Greek shipowners are fleeing the Russian crude trade after a ramp up in US sanctions targeting the traders and shipping companies moving the nation’s petroleum.
Supertanker hauling Russia’s flagship crude heads to Caribbean
| February 02, 2024 | Energy | Maritime | Bulk
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