Russia Has a New Oil Trade Route
In light of impending Western sanctions against Moscow, Russia appears to have discovered a new method of selling oil: El Hamra oil port, Egypt.
Shipping
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Additional Fee at NY & New Jersey Port Due to Container Pile Up
In effort to ease container congestion, the Port of New York & New Jersey unveiled new fees based on export volume and empty container weight.
MoU Signed by Rotterdam & Singapore Ports
MoU signed by the Port Authorities of Rotterdam and Singapore to create the longest green and digital shipping corridor in the world to date.
Study on Carbon Capture and Storage on Ship Launches
The Qiyao Environmental Technology-created CCS idea has undergone laboratory testing and is currently undergoing continual optimization.
First Ship Built on Great Lakes in Nearly 40 Years Sets Sail
The 639-foot Mark W. Barker takes first trip from Fincantieri Bay Shipyard, Sturgeon Bay to transport raw materials & stone throughout the Lakes.
Iranian Tanker to Recover US-Confiscated Oil Cargo
Iranian-flagged ship moored off Piraeus is anticipated to return to Iran this week with a portion of its cargo that the USA had taken away.
Japan's 100% Biofuel Supply Trial Starts
Production of Neste Renewable Diesel, a 100% renewable fuel, uses livestock & used cooking oil otherwise discarded by the food sector.
Trade Organizations Call for Review of EU Competition Rules
Trade organizations requesting the review of the European Union's Consortia Block Exemption Regulation for container shipping get underway.
UKHO To Stop Paper Charts
The UK Hydrographic Office projects that the progressive elimination of paper charts from production would be completed by the end of 2026.
PIL To Use Hazcheck Detect To Stamp Out Suspicious Cargoes
Pacific International Lines of Singapore decides to use the Hazcheck Detect cargo screening tool in an effort to identify dangerous shipments.
Three Major Companies Plan to Bunker LNG in Egypt
EGAS, Kanfer Shipping, Leth Suez Transit hope to work with commodities traders to develop strategic, competitive LNG bunkering hub in Suez Canal.
Australia Bans Tankers Due to Seafarers’ Welfare Issues
The AG Neptune, a 105,400 dwt vessel, was examined at the Port of Gladstone in June 2022, according to AMSA, which received a complaint.
Foinaven FPSO Workers Ready to Strike
The Foinaven FPSO vessel's crew members have chosen to go on strike in response to a disagreement about redundancy money payouts.
Prison Sentence for Captain for Transporting Harmful Trash
Belize-flagged Cramoil Equity was reportedly transporting hazardous trash without permission when the Batam Port Authority received a tip.
Ban on Tanker After $120,000 in Unpaid Salary
Upon learning crew members were due more than $120,000 in salaries, officials barred an oil tanker from entering Australian ports for six months.