London-headquartered shipowner has ordered four 158,000 dwt suezmax crude oil tankers with deliveries scheduled for 2029

Tanya and Kim

Despite over £2m being owed to the IMO from member states, more than 97% of contributions have been received, which is an improvement on the previous two years

CCIC’s Singapore subsidiary has been forced to shut down and lay off hundreds of employees after being blacklisted by the US for allegedly facilitating Iranian oil trade, underscoring the far-reaching impact of US sanctions on Chinese companies operating in global energy markets

If you’re a ship operator planning global deployments that extend beyond mid-October, you’d like to know what the rules will be for US port fees. Ship operators won’t know those rules for at least another month

Geopolitical events are causing ongoing distortions in product tanker trades — the historic shift of LR2s from clean to dirty trades being a case in point. But this hasn’t translated into strong spot rates, disappointing stock investors

US crude and LNG exports to China are suspended. Propane exports are falling. US ethane exports to China are next on the chopping block. The Trump administration has announced a new ethane licence requirement, and the USTR port fee plan is particularly onerous for very large ethane carriers

The Eugenides Foundation has a road map for reforming maritime education in Greece, but attracting and retaining a new generation of seafarers is a multi-layered challenge

Singapore-headquartered company recently pulled out of a greenfield terminal project at Jawaharlal Nehru, India

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Tehran’s outflows remain robust, despite Trump administration’s ‘maximum pressure’ campaign; While US tariffs weakened North American imports, Asian exports remained strong, especially to Europe; The Panama Maritime Authority has substantially reduced its share of the Iran-trading fleet over the past 18 months, but US pressure group UANI says it is still complicit in facilitating Iran’s oil export

Shipping ‘endlessly exciting’ as a career, Angeliki Frangou tells engineering graduates and that technology will enable a new era of ‘proactive reliability’

The PGSA iterated that transits through the Strait of Hormuz require its approval, holding firm on its demands even as the US and Iran continue negotiating a peace deal

LNG carriers may end up paying to pollute rather than switching to bio- or e-LNG in coming years because of the lack of a business case for cleaner options, BW LNG chief executive Yngwil Asheim has said

Despite market share gains, overall new ship orders remain 45% down year on year, raising uncertainty whether South Korean yards can meet annual targets