Navy Secretary Backs U.S. Maritime Revitalization Plan
by John Konrad
Sunday, May 19, 2024
In the Senate Armed Service committee meeting on Thursday Secretary of the Navy Carlos Del Toro endorsed the call to action plan published by members of congress this month calling...
Indonesia Eases Import Rule For Some Goods To Clear Containers
by Bloomberg
Sunday, May 19, 2024
By Norman Harsono May 17, 2024 (Bloomberg) —Indonesia has revised an import rule in a bid to release thousands of containers being held up at its ports, after businesses complained that...
Rescuers Search For 11 Fishermen Missing At Sea In South Africa
by Reuters
Sunday, May 19, 2024
JOHANNESBURG, May 18 (Reuters) – Search and rescue efforts were underway in South Africa on Saturday to find 11 fishermen missing at sea after their vessel sunk off the coast of Cape...
Romania Searching For Three Missing Crew After Ship Sinks In Black Sea
by Reuters
Saturday, May 18, 2024
BUCHAREST, May 18 (Reuters) – Romanian rescue teams were searching on Saturday for three missing crew members of a cargo ship that sank off the Black Sea coast, the naval authority said....
Panama-Flagged Oil Tanker Attacked Off Yemen
by Reuters
Saturday, May 18, 2024
CAIRO, May 18 (Reuters) – A Panamanian-flagged crude oil tanker was attacked near Yemen’s Red Sea port city of Mocha, British security firm Ambrey said on Saturday, in the latest incident in waters where...
Inmarsat ‘Digital Wave’ Report Explores Importance Of Connectivity Onboard ‘Floating Offices’ At Sea
by gCaptain
Friday, May 17, 2024
The new report examines how emerging technology trends in the maritime industry are emphasising the importance of ‘always-on’ connectivity for ships Inmarsat Maritime, a Viasat company, has launched a new...
Improved China, U.S. Data Bolsters Oil - But Prices Stubbornly Range Bound
by Ship Bunker
Friday, May 17, 2024
Meanwhile, Russia finds a new way to benefit from the sanctions.
PHOTOS: ‘M/V Happy Star’ Transports Eleven Tugs from Asia to Europe
by Mike Schuler
Friday, May 17, 2024
Damen Shipyards and BigLift Shipping have transported eleven Damen tugs from Vietnam and China to Europe in a single voyage. This undertaking was completed in less than two months, half...
Bullish Tanker Market Makes it Harder to Spot Potential Downward Risk
by hellenicshippingnews...
Friday, May 17, 2024
The tanker market’s bullish nature lately, is making it harder to spot potential downward trends. In its latest weekly report, shipbroker Allied said that “a closer look at the TD3C route (MEG/China) could help us argue that trend patterns look fairly consistent with those being noted in other size segments and types of trade (i.e. ...
VLCC AG-China tonne days
by hellenicshippingnews...
Friday, May 17, 2024
This week’s chart highlights the trend in VLCC (Very Large Crude Carrier) tonne-days growth, which has been decreasing consistently since our last review in week 17, just before the end of April. At the end of the second week of May, the demand growth for dirty tonne-days continues to challenge the solid improvement in market ...