Turkey's maritime authority said on Thursday it would continue to block the passage of oil tankers that don't carry appropriate insurance letters, adding that insurance checks on ships in its waters were a "routine procedure".The logjam is creating growing unease in oil and tanker markets and comes as the G7 and European Union introduce a price cap on Russian oil.
President Vladimir Putin on Tuesday touted Russia's Arctic power at a flag-raising ceremony and dock launch for two nuclear-powered icebreakers that will ensure year-round navigation in the Western Arctic.Presiding via video link from the Kremlin at the launch ceremony in the former imperial capital of St Petersburg in northern Russia
It’s amazing to consider that a commercial vessel in the Pacific Ocean, approaching the mouth of the Columbia River, can continue its eastward journey to finally tie up at the Port of Lewiston, in Lewiston, Idaho, America’s most inland West Coast port, 465 miles from the Pacific Ocean.
Edward Heerema is founder and president of Allseas, which brought the world’s largest construction vessel, Pioneering Spirit, to the market. The company, which also brought innovation to the pipelay sector, has added its latest trick to Pioneering Spirit – its jacket lift system. But Allseas is also targeting deepsea mining and has its sights on the offshore wind market.
My father was on the new construction team of the 1958 SS Rotterdam V, a visually iconic passenger liner that is presently a static hotel and event space in Rotterdam Harbor. When she entered service, her looks were much discussed and generally compared to her very graceful older running partner, the 1936 SS Nieuw Amsterdam II.
NVOCCs are caught in the middle of the Ocean Shipping Reform Act of 2022 requirements for reporting demurrage and detention; FMC needs to pump the brakes and allow the industry to catch upThe Ocean Shipping Reform Act of 2022, passed by Congress without industry input and signed into law on June 16
China has entrusted a defense-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of a deal to offset Caracas' billions of dollars of debt to Beijing, according to three sources and tanker tracking data. China National Petroleum Corp (CNPC) stopped carrying Venezuelan oil in August 2019 after Washington tightened sanctions on the South American exporter.
The 10-year-old Viking Grace returned to operate between Turku and Stockholm on February 12 as a better and climate-smarter version of itself. During its three-week visit to the dock, new technology to reduce fuel consumption was installed and the interior refurbished. Some 5,000 square meters of old carpet and bags and bags of textiles were recycled.
Coden, Ala. shipbuilder Master Boat Builders has delivered the new tug Hayden Grace to Bay Houston Towing Co. for operations in Galveston, Texas.The new 85-foot-long vessel is the first in a series of three RApport 2600 tug designed by Canadian firm Robert Allan Ltd. ordered by Bay Houston Towing. The design team and the client worked to address operational challenges the vessel would face.
The U.S. Treasury Department said late on Wednesday that shipments facing the G7's upcoming price cap on oil products such as diesel and gasoline from Russia will have a grace period to arrive at their destination.G7 democracies and Australia are planning to cap prices on two oil products from Russia from Feb. 5 as part of their effort to reduce Moscow's export revenues as it wages war in Ukraine.
One year after Lumen Technologies (NYSE: LUMN) established a new subsea fiber route between the U.S. and France, the company is increasing network capacity and diversity, investing in a fiber pair on Grace Hopper, a subsea cable system spearheaded by Google, between New York and Bude, Cornwall in the U.K.
North Star’s new UK-built hybrid-powered daughter craft, specifically designed for the offshore wind market, has been launched at a naming ceremony held at the Royal Norfolk and Suffolk Yacht club in Lowestoft, adjacent to the firm’s regional operations hub. The vessel was christened ‘Grace Darling’ in honor of a famous lighthouse keeper’s daughter from the North East of England who risked her