Ship-to-ship (STS) loadings of Russian Urals blend crude oil hit a record high in January in the Mediterranean as traders moved cargos onto larger vessels to make long-haul shipments to Asia more cost effective, Refinitiv Eikon data showed.Since the European Union banned purchases of Russian sea-borne oil in December over Moscow's actions in Ukraine
The European Union's full embargo of Russian oil products came into effect on Feb. 5, but data from traders and Refinitiv show that the bulk of Russia's fuel oil and vacuum gasoil (VGO) is already being shipped to other regions, mostly in Asia.In January, less than 5% of Russian fuel oil and VGO was shipped to EU countries, including some 100,000 tonnes to Agioi Theodoroi in Greece, about 80
A public-private partnership between the state of Louisiana, the Port of New Orleans and two global maritime industry leaders will build a $1.8 billion container facility on the Lower Mississippi River, Gov. John Bel Edwards announced.The new Louisiana International Terminal (LIT) in St.
Maersk Line, Limited (MLL), a U.S. subsidiary of Danish shipping giant A.P. Moller - Maersk, has resolved a sexual assault and harassment suit filed by former U.S. Merchant Maritime Academy (USMMA) cadet Hope Hicks.Hicks shook the international maritime community in 2021 under the moniker "Midshipman-X" when she publicly described how she was raped by her superior officer while serving as an
Norwegian grocery distributor ASKO announced its two new full-electric, self-driving vessels have been christened.The battery-electric powered RoRo cargo ferries, named Marit and Therese, will cross the Oslo Fjord daily between Moss and Horten, mainly carrying groceries for NorgesGruppen's chains.
A critical channel deepening project that will help move cargo more efficiently to and from the U.S. advanced Monday after the Long Beach Harbor Commission concluded an extensive environmental review process and greenlit the endeavor.The work will also allow the port to welcome newer cleaner, and more efficient cargo vessels.
More than 560 dockworkers at the Port of Liverpool, one of Britain's largest container ports, will go on strike from Sept. 19 to Oct. 3 over pay, the Unite union said on Friday, adding to a summer of industrial unrest caused by soaring inflation."Workers across the country are sick to death of being told to take a hit on their wages and living standards
Singapore has held onto its status as the world's top maritime hub for the ninth consecutive year, according to a recent index report.The Xinhua-Baltic International Shipping Centre Development Index Report, jointly published annually by Chinese state news agency, Xinhua, and global maritime data provider, the Baltic Exchange
New federal money promises dramatic impacts throughout the United States’ inland waterways system in 2022 and beyond. This report focuses on America’s central rivers; the Western rivers will be covered in a future report. These central rivers reach 11,000 miles, from Pennsylvania to Florida and from Texas to South Dakota.Consider the money within the U.S.
Romania and Poland are in talks with the European Commission over export tracing mechanisms for Ukrainian grains to ensure local farmers are not hurt by a flood of cheap imports, the Polish and Romanian prime ministers said on Tuesday.Ukraine, one of the world's largest grain exporters
On October 31, 2022, global maritime leaders of tomorrow graduated from the World Maritime University (WMU). The Class of 2022 has received the education required to contribute to maritime and ocean matters in their home countries and more broadly to the implementation of the United Nations Sustainable Development Goals (UN SDGs).
Hurtigruten Norway announced it has launched its first environmentally-upgraded battery-hybrid powered ship as part of a €100 million seven vessel refit program aimed at significantly reducing both CO2 and NOx emissions.MS Richard With has gone through extensive upgrades, having been retrofitted with two large battery packs (1,120kWh each) and new