Felicity Ace sinks MOL Ship Management (Singapore) reported today that the car carrier Felicity Ace sank at around 9 a.m. local time, some 200 nautical miles off the Azores. The vessel had been in trouble
Exam scam: More guilty pleas, sentences in text score fixing case Two former Coast Guard employees have pleaded guilty in the ongoing exam scam case involving a test score-fixing scheme at the U.S. Coast Guard's Regional Exam Center (REC) New Orleans in Mandeville,
Zero-emission bulk carrier project gains LR Approval in Principle Lloyd's Register (LR) has awarded its Approval in Principle (AiP) to Norwegian ship owner Egil Ulvan Rederi AS for its zero-emission self-discharging hydrogen-fueled bulk carrier, With Orca. As we have reported earlier,
Feds up scrutiny of ocean shipping Here's another indication that ocean shipping, and in particular the nine carriers and three alliances that dominate the global container shipping market, are facing increasing U.S. scrutiny-and could potentially lose their antitrust
IEA members to release 60m barrels of oil The emergency response sends 'a unified and strong message to global oil markets that there will be no shortfall in...
More P&I clubs reveal renewal outcomes 'The difference this year is that there seems to have been a consistent approach across the market throughout the whole...
Biden's rhetoric will not fix US supply chains Demonising foreign-owned container lines and their alliances is easy. Fixing the US supply chain, not so easy. Focusing on the...
Climate change could 'severely compromise' maritime trade, warns IPCC Bigger storms and sea level rises are already affecting port activity, infrastructure and supply chains, but states and industry are...
Felicity Ace sinks following catastrophic fire in Atlantic Having now sunk in deep water in the Atlantic Ocean, determining the cause of the fatal fire on board the...
Shipping is falling short in cyber preparedness The maritime industry's failure to address the online menace is playing into the hands of cyber criminals
The Lloyd's List Podcast: Why is shipping still not prepared for cyber attacks? As Lloyd's List reveals the results of a new survey revealing the industry's readiness to repel cyber attacks, this week0146s...
State-backed cyber warfare concerns grow The Russian invasion of Ukraine has led to warnings of more spoofing, jamming and other state-backed cyber perils, though criminal...
BW LPG warns of short-term geopolitical uncertainty Company positive on medium-term outlook, expecting rates to be partly backed by strong export momentum in the US and Middle...
Marine insurers urge caution over Ukraine crisis 'The sanctions landscape affecting Russia and Ukraine has altered rapidly over recent days. Physical conflict will also likely affect events...
Links in supply chain make perfect viral vectors Container shipping has already had its fair share of high-profile cyber attacks - and, with its highly dependent relationships, an attack...
Yildirim considers future of CMA CGM stake after 12 years Container shipping has been tamed, according to Yildirim Group president and CMA CGM board member Robert Yildirim, with good prospects...
More carriers block Russia cargoes as conflict continues Maersk, MSC and ONE are no longer taking Russia bookings. But with cargo already on the water, lines are looking...
Ukraine calls for shipping's aid at IMO Ukraine calls on the IMO to discuss the war threat to safety in the Black Sea and Sea of Azov...
Daily Briefing Credit chaos and emergency due diligence as shipping continues to shun Russia | Tanker rates at high and volatile levels...
Tributes to leading shipping lawyer full of 'charm and intellect' Mei Lin Goh was a leading Asian shipping lawyer and 'second mum' to colleagues at WFW Singapore
KSOE wins $350m dual-fuel boxship order linked to Eastern Pacific Shipping Newbuilding contract is related to options tied to a January order for classic post-Panamax ships linked to Singapore-based owner Eastern...
New Zealand port unions raise concerns about handling Russian ships The move is in protest against Russia's invasion of Ukraine and is not directed against crew of Russian ships
Alibaba's Cainiao launches China-Thailand ocean freight service Company has the flexibility to redirect cargo to truck services amid pandemic-led disruptions to ocean freights, without affecting customers' shipping...
Biden says ocean carrier alliances threaten US security and economy World Shipping Council says 'it is unfortunate that the president is demonising ocean carriers, the industry that is the backbone of...
Biden bans Russian aircraft from US airspace The United States is closing its airspace to all Russian aircraft as punishment for invading Ukraine, President Joe Biden said in his State of the...
White House urged to shepherd labor talks at West Coast ports Pandemic gridlock, the Ever Given, COVID outbreaks, container shortages, flooding, Ukraine. The next shoe to drop: a labor dispute.
Southeast ports, carriers sign on to plan to upgrade chassis pool The South Atlantic Chassis Pool 3.0, will be ready in October 2023 and will have 60,000 chassis available.
Shipping isn't waiting for sanctions. It's refusing to move Russian cargo Container lines and tanker owners rapidly and preemptively suspend business with Russia.
Ukraine crisis creates logistics headaches for air cargo, airlines Air cargo is facing more headwinds because of the Ukraine crisis, but some industry players could gain business.
New legislation would strip ocean carrier antitrust protections The Biden administration is backing new legislation aimed at alleged out-of-control market power by foreign ocean carriers.
Report: Climate change 'creating shocks to global trade' "Relative sea-level rise and the increased frequency and severity of storms are already affecting port activity, infrastructure and supply chains, sometimes disrupting trade and transport,"...
Car carrier - and Bentleys, Porsches and Lamborghinis - sinks The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.
Back to the futures: New era of container freight hedging begins Container lines, shipowners and shippers have a new way to navigate the market chaos: cleared freight futures.
UK bans Russian oil tankers from ports as new sanctions target shipping The UK has been ships under Russian control but cargoes are a different matter and they are not subject to the ban.
North Sea in prime position as some refiners shun Russian crude Crudes such as the UK's Forties and Norway's Johan Sverdrup are not exact replacements when it comes to quality but their local nature and availability, because of a limited arbitrage to Asia currently, make them a logical option for Northwest European refineries.
FEATURE: Russian invasion disrupts Ukrainian sunflower oil industry The closure of key shipping ports have stopped sunflower oil being loaded onto vessels.
European February fuel oil swaps trade volumes in MOC surge to 215,000 mt The most commonly traded derivative was the hi-lo spread swap, accounting for 125,000 mt.
UK's Grangemouth, Lindsey refineries resilient to Russian disruption: operators In an emailed comment, Ineos, the operator of Scottish refinery Grangemouth along with PetroChina, said there is limited exposure to Russia or Ukraine for Ineos and the joint venture Petroineos.
S&P Global Ratings lifts oil, gas price assumptions on Russian invasion of Ukraine Despite the higher price assumption, S&P Global Ratings said it does not expect to see widespread upgrades to its corporate credit ratings as a result.
Canada bans Russian oil in response to Ukraine conflict: AFP Canada imported almost 18,000 barrels of petroleum products from Russia in 2019, making it the country's third-largest foreign supplier after the US and Saudi Arabia, according to the Canadian Association of Petroleum Producers.
Maersk to suspend bookings to and from Russia ONE, Hapag-Lloyd, CMA CGM, and MSC have already suspended some bookings in the region. The suspensions have raised concerns about supply chain disruption due to an escalating Russia-Ukraine conflict.
Putin and Abu Dhabi Crown Prince hold talks on OPEC+ strategy OPEC kingpins Saudi Arabia and the UAE have avoided criticizing Russia's invasion of Ukraine as the US along with its allies have hit the Kremlin with far reaching financial sanctions.
Singapore marine fuel 0.5%S crack widens to 2-year high on tighter blend components More blend components are being channeled into the refinery feed rather than the marine fuel 0.5%S blend pool.
Turkey warns all warships against transiting Bosporus Ankara has warned riparian and non-riparian countries not to send war ships through the Bosporus.
Hong Kong's March ex-wharf marine fuel 0.5%S premiums rise tracking Singapore The premiums for all major suppliers ExxonMobil, Chevron, and Sinopec settled higher, a supplier said.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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