From Compliance to Capability in Environmental Performance
Shipping is no stranger to regulation. New requirements come into force, procedures are updated, training is arranged and vessels adapt. It is a cycle our industry knows very well.
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Russia Seeks $2.35B From Exporters to Build Arctic Icebreakers
Russia plans to raise more than RUB200 billion ($2.35 billion) from exporters to finance the construction of icebreakers for its Arctic sea route, according to a draft government decree published this week.Russia is seeking additional sources to finance the development…
Yanbu Tanker Loadings yet to Resume Despite Saudi Pipeline Restart
Saudi Arabia is building up crude pumping volumes through its East-West Pipeline that runs to its Red Sea export hub of Yanbu, although crude tanker loadings have yet to resume, according to industry sources, satellite imagery and shipping data.Saudi Arabia…
Captain Killed in Russia’s Latest Attack on Merchant Shipping
Ukraine’s State Border Guard Service and its Ports Authority are reporting that the master of a cargo ship was killed in an attack by Russia on September 23.
Overcapacity Looms Over Container Shipping as Supply Pressure Mounts
The return of container vessels to the Suez Canal – Red Sea route is likely to have a profound impact on the sector, especially as it continues to roll out new vessels and other issues begin to subside.
Ukraine Clears Danube-bound Vessels Offshore to Tackle Two-week Queue
Authorities will begin clearing vessels bound for Danube ports via the Sulina Canal while they are still in the Black Sea, rather than processing them inside the canal, in an effort to eliminate a two-week queue, shippers said on Wednesday.Most…