BIMCO has just issued a new Carbon Intensity Indicator (CII) clause for voyage charterparties. Here are the main issues owners and charterers should be aware of. The Carbon Intensity Indicator (CII) regulations have been in…
The growth in the level of activity in Ukraine’s unilateral ‘humanitarian” coastal Black Sea corridor from Odesa and other ports down to Istanbul, which began operating in September, has seen Russia step up its threats…
The increasing concern in recent years that some ports are not “playing the game” when it comes to permitting ships in difficulty to enter their harbours will not have been helped by a report yesterday…
The Amazon region is currently suffering from one of the worst droughts in years. Smoke from fires around the city Manaus is further hampering navigability in the rivers. Members and clients operating in the region…
India looks set this month to buy its largest amount of dirty fuels from Russia for many years. A steep decline in flows of crude oil, added to the prospect of refinery maintenance in the…
In what looks to be more a case of wishful thinking than any reflection of reality, the Ukrainian Navy has announced the opening of a “temporary corridor” for ships to transfer goods from Ukrainian ports…
The price of Russian crude has gone past the west’s price cap of $60 a barrel, set by the Group of Seven nations, and Russian revenue from oil exports has risen to an eight-month high,…
For older VLCCs, prices are falling fast. The latest rusty tanker deal filling up broking reports is a sale by South Korea’s SK Shipping which has offloaded the 19-year-old, 314,000 dwt, Samsung-built C.Champion for $37.8m…
