One of the mysterious tankers operating in the shadow fleet and sanctioned late last year was involved in an incident off Turkey late on Friday, March 7. Turkish authorities have not commented on the allision where the tanker was hit by a Turkish-owned containership,...
Russia’s energy shipping company Sovcomflot reported financial results on Friday, March 7, citing the continuing impact of Western sanctions on its operations and warning that the pressures on its operations were likely to increase this year. This came as Donald Trump...
South Korea’s SM Line issued a customer alter on March 5 reporting that one of its vessels has experienced damaged and lost containers in a Pacific storm. The SM Portland (51,314 dwt) has resumed its voyage bound for Vancouver where it will be inspected by...
On Thursday, the U.S. Coast Guard cutter Valiant offloaded nearly six tonnes of cocaine onto a pier at Coast Guard Base Miami Beach, just three miles from the city’s famous nightclub district – but the drugs are not for distribution. The giant...
The Trump administration is reported to be building out its plans to penalize China for its subsidy of the shipbuilding industry by seeking international support while also linking it to the rebuilding of U.S. shipbuilding and breaking China’s monopoly on...
Panama’s Attorney General weighed in during the ongoing debate over Chinese control of the Panama Canal telling the country’s Supreme Court he has determined the contract with China’s Hutchison Port Holdings is unconstitutional. He is asking the Supreme Court to...
