The World Shipping Council (WSC), the International Chamber of Shipping (ICS), and the Asian Shipowners’ Association (ASA) have made a submission to the European Commission seeking an extension of the Consortia Block
In the 40 days since July 22, when Russia and Ukraine signed a UN sponsored 120-day deal brokered by Turkey, 2.1 million tonnes of grain have been exported through the Ukrainian ports
St. Catharines, Ontario, headquartered Algoma Central Corporation (TSX: ALC) and Donsö, Sweden, based Furetank have entered into a joint venture (JV) agreement to construct four dual-fuel ice class 1A 17,999 DWT climate
On August 9, the Indonesian Energy and Mineral Resources Minister announced that 71 coal mining companies failed to meet their domestic market obligations, and that 48 of them are now banned from
Athens-headquartered Diana Shipping Inc. (NYSE: DSX) has agreed to buy what looks to be the entire fleet of Stamford, Conn., based Sea Trade Holdings, Inc. Announcing the deal, Diana said it has
Ukraine grain export cargoes might soon start flowing more rapidly. In a hopeful sign the Turkish Ministry of National Defense reports that the first ship to depart Ukraine with an export cargo
As the President of Ukraine, Volodymyr Zelensky, observed the loading of Ukrainian grain onto a bulk carrier at the Chornomorsk Sea Trade Port hopes were high that exports could soon start moving.
There are at least a few hopeful signs that seaborne exports of Ukrainian grain could resume within days. Under a deal brokered by Turkey on July 22, bulkers will be escorted to
The Council of the EU said today that, in an effort to increase EU security of energy supply, member states have reached a political agreement on a voluntary reduction of natural gas
CIT, a division of First Citizens Bank, today announced that its Maritime Finance business provided $80 million to refinance two Korean-built containerships operated by Seamax Capital. Founded in 2012 to make investments