The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, three sources with knowledge of the matter said.President Joe Biden's…
The Philippines has deployed air and sea assets of its military and coast guard in its exclusive economic zone to monitor China's largest coast guard vessel, calling the ship's presence an act of Chinese 'intimidation, coercion and aggression'…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its five-session winning streak on Monday, pressured by weaker rates across capesize and supramax vessel segments.The index…
European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, although firms with vessels that can run on alternative fuels, such as biodiesel and LNG, will benefit, two shipbrokers said…
The Office of Merchant Mariner Credentialing is hosting an intersessional meeting of the National Merchant Marine Personnel Advisory Committee (NMERPAC) subcommittee on task 24-3 Operator of Remote-Controlled Survey Vessels of 65' or less.The…
December 31, 2024, marked the end of the Russian gas transit agreement via Ukraine, and an extraordinary meeting of the EU’s Gas Coordination Group has confirmed that, thanks to efficient preparatory work, there are no supply security concerns in the EU…
Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the country, as partners of state oil company PDVSA took more cargoes under licenses granted by Washington.As President Nicolas…
Clarksons Research have today released their latest Green Technology Tracker, including full year 2024 data points, charting the progress of alternative fuel uptake and investments in energy saving technologies across the global shipping fleet…
Technology group Wärtsilä has been included as an index component of the Dow Jones Sustainability Index Europe (DJSI) for the ninth consecutive time.The company was assessed based on its 2023 performance and was ranked within the top four per…
Shipments of limestone on the Great Lakes totaled 28.3 million tons in 2024, a decrease of 3.9 percent compared to 2023. 2024’s loadings were below the trade’s 5-year average by 2.9 percent.Loadings from U.S. quarries decreased 3.4 percent from the prior year to 22…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth consecutive session on Friday, aided by firm capesize and panamax vessel rates.The index, which factors in rates for capesize…
The International Longshoremen's Association and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, according to a person familiar with the matter.Talks between the ILA, which represents more than 45,000 dockworkers across the U…
The Great Lakes St. Lawrence Seaway System as amended a Planned Outage at Lock 7.Mariners are advised of a revision to the preplanned closure at Lock 7 for the replacement of Gates 1 and 2. Due to environmental conditions, the closure will begin one day later…
The Federal Maritime Commission issued a policy statement today making clear it is an appropriate venue where private parties may bring class actions to resolve disputes covered by the statutes the agency administers.The guidance yields important…
Finland's national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil tanker in a bid to secure the company's claim for damages related to the breakdown of the undersea Estlink 2 electricity interconnector…
