U.S. penalties on shippers transporting Russian oil in breach of the G7's price cap could push more Russian cargoes onto vessels referred to as the ghost fleet and away from mainstream tankers, shipping sources and analysts told Reuters.The cap bans Western companies from providing maritime services for Russian seaborne oil exports sold above $60 a barrel.
Britoil Offshore Services said this week it had acquired 30 offshore service vessels and supporting offices in Singapore from Dutch shipping firm Vroon."The acquisition will see an expansion of Britoil’s operating footprint into the Mediterranean, the North Sea and Asia Pacific. The operations will also synergise in the Middle East and Africa," Britoil said.
Mediterranean Shipping Company (MSC) on Monday held a naming ceremony for its new ultra large containership MSC Nicola Mastro in Intaly's Port of Trieste.The 400-meter-long 24,116 TEU newbuild was built by China State Shipbuilding Corporation's Jiangnan Shipyard as part of MSC's new record-breaking Celestino Maresca class, among the world's largest containerships.
An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a collision near Cuba. A third is seized in Spain for drifting out of control.These vessels were part of a "shadow" fleet of tankers carrying oil last year from countries hit by Western sanctions
European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne oil - an idea of the Group of Seven (G7) nations - with an adjustment mechanism to keep the cap at 5% below the market price, according to diplomats and a document seen by Reuters.The agreement still needs approval from all EU governments in a written procedure by Friday.
The Canada Industrial Relations Board (CIRB), a federal watchdog, ruled on Wednesday that the Pacific coast dock workers' strike must end because their union did not provide the required 72-hour notice before the walkout."This strike is illegal," Labour Minister Seamus O'Regan said on Twitter after the ruling. The International Longshore and Warehouse Union (ILWU) had no immediate comment.
PMA says US West Coast port workers shut down Port of Seattle; workers' union denies claimThe Pacific Maritime Association (PMA), which represents terminal operators, said in a tweet on Saturday that coordinated and disruptive work actions led by the International Longshore and Warehouse Union (ILWU) have shut down cargo operations at the Port of Seattle.
Swan Hellenic has taken delivery of SH Diana, its third expedition cruse ship built by Helsinki Shipyard.The 125-meter-long, 12,100 GRT newbuild is the largest ship in the Swan Hellenic fleet. Accommodating 192 passengers, SH Diana is slightly larger than 152-passenger SH Minerva and SH Vega launched from Helsink Shipyard in in December 2021 and July 2022 respectively.
Swan Hellenic announced that SH Diana, the newest and largest ship in its fleet, was floated out of dry dock this week at Helsinki Shipyard.SH Diana’s fitting out is now already under way, leaving the luxury expedition cruise ship on schedule for her maiden cruise leaving Palermo, Italy for Lisbon, Portugal on April 15.
Finnish shipbuilder Helsinki Shipyard Oy, having received bids for the auction of NB518, announced that Swan Hellenic has been awarded the tender.Helsinki Shipyard has exercised the right to sell the ship by tender, provided for by the shipbuilding contract, after the original buyer, Russian-owned GTLK Europe, failed to take delivery.
Venezuela's PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company, people familiar with the matter said. Eni and Spanish oil firm Repsol in May last year received authorizations from the U.S.