The United States imposed sanctions on a Singapore-based shipping firm and its president, alleging they are supporting illicit arms imports into North Korea. The Treasury Department said that Senat Shipping Company was providing extensive support to Ocean Maritime Management Company (OMMC)…
China has launched regular military exercises in the Yellow Sea and the Bohai Strait, says the Chinese People's Liberation Army's Daily, the Chinese military's official newspaper. The China's military newspaper reported that eight days…
North Korea has test-fired newly deployed anti-ship rockets - three short-range KN-01 type missiles - with a reported range of 120km just weeks after the country claimed it tested a submarine-launched ballistic missile, , the North's media said…
North Korea has successfully test-fired a newly developed ballistic missile from a submarine in what would be the latest display of the country’s advancing military capability. The official Korean Central News Agency (KCNA) said that North…
North Korea recently conducted a third test of a new submarine-launched ballistic missile (SLBM) that is part of Pyongyang’s expanding nuclear arsenal, according to US defense officials cited by the Washington Free Beacon. The test took…
South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safely and are secure from attack.Korea…
Swiss trading house Mercuria has moved to become a significant player in the marine fuel market by hiring a team of close to 40 former employees from the once-largest supplier, traders and sources close to the matter said on Tuesday.The bankruptcy of Denmark's OW Bunker…
The United States on Wednesday blacklisted two North Korean shipping firms, Chongchongang Shipping and Ocean Maritime Management, following a similar move by the United Nations.The United Nations on Monday said Ocean Maritime Management…
The United Nations Security Council has imposed sanctions on the North Korean shippers that operate the vessel Chong Chon Gang, seized by Panama in July 2013 for attempting to smuggle weapons from Cuba to North Korea.According to the UN…
The U.S. pressed China to implement structural reforms in its exchange rate and to modify its 'aggressive behaviour' in disputed waters during a preliminary round of bilateral talks, senior U.S. officials said.The United States, led by U…
North Sea Forties crude differentials retreated on Monday as traders said last week's move higher on the back of tighter May supply was overdone, despite the possibility of a VLCC cargo to South Korea in late April.Forties differentials…
A fire-damaged tankship, 'Maritime Maisie' loaded with hazardous chemicals has become a maritime football in the north Pacific, with Japan and South Korea unwilling to give it refuge even though they risk a wider environmental disaster if it sinks…
The UK P&I Club’s Argentinian Correspondents have advised that the local Maritime Workers Union (SOMU) have issued a note stating that they will not allow the entrance of any vessel to the port of Ingeniero White (Bahia Blanca) that does not hold a valid ITF certificate on board…
Debunking the myths about international ship registries, choice of classification society and a raft of other variables.Throughout the shipping world, ship registries, where a vessel is tied to laws of a particular nation, remain a subject of continual debate…
US-based CB&I wins a project contract worth US$250-million from Korea's Daewoo Shipbuilding & Marine Engineering Co, Ltd. (DSME). CB&I's scope of work, which will commence in the first quarter, includes detailed engineering design services…
