The Ministry of Reconstruction, Infrastructure, and Transport of Ukraine asserts that Russia is now trying to intimidate international shipowners and undermine confidence in the safety of civilian shipping.
[By: RightShip] RightShip, the maritime industry's leading safety and risk intelligence platform, and NorthStandard, one of the world's leading P&I clubs, today announced a strategic collaboration that will see NorthStandard leverage RightShip's safety and risk intelligence to strengthen its loss…
Danish ferry operator Scandlines retired the oldest vessel in its fleet, the Kronprins Frederik, which had become a well-known fixture on the Baltic. The ferry made its last run heading to a recycling yard after 45 years of service.
Shipping activity overnight and into August 1 appears to have been subdued in the Strait of Hormuz, with two Iranian attacks on vessels in transit late Friday. No attacks or disruptions were noted in the Hormuz on Saturday or Sunday.
The Russia – Ukraine war started on 24 February 2022, when Moscow invaded its neighbor. The invasion triggered widespread condemnation, and a coalition of over 40 countries has imposed coordinated economic sanctions on Russia as a result.
Oil prices fell about five per cent to a three-week low on Monday after US President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from…
