Overseas Shipholding Group, Inc. (NYSE: OSG) has exercised options to extend its bareboat charter agreements with Oslo-listed AMSC ASA for six Jones Act tankers. The six bareboat charter extensions provide for additional
Federal Maritime Commissioners Carl W. Bentzel and Max M. Vekich have written key Members of Congress to urge changing the law in a way that would allow the FMC to prohibit agreements
As a global maritime hub connecting regional and global markets, Singapore is ideally positioned to conduct research on on ways to increase the cyber resilience of the global supply chain. Now those
A licensed state pilot’s use of a cell phone while in direction and control of the Evergreen Marine Corporation containership Ever Forward gets considerable attention in the U.S. Coast Guard’s report on
The U.S. Department of Transportation’s Maritime Administration (MARAD) has entered into a new cooperative agreement with the Ship Operations Cooperative Program (SOCP) to develop and update resources that promote zero tolerance of
Two 46,000 cubic meter LPG dual-fueled gas carriers ordered by Exmar LPG, a joint venture between Exmar and Seapeak, will have Wärtsilä cargo handling and LPG fuel supply systems. The vessels, which
There are interesting times ahead in the tanker market. From December 5, the European Union ban on imports of Russian oil will kick in, with a minor exception for Bulgaria, which has
The Federal Maritime Commission (FMC) has introduced interim procedures to review, investigate, and adjudicate charge complaints filed by shippers to challenge carrier charges. It notes that since the enactment of the Ocean
Seapeak LLC reports that it has entered into shipbuilding contracts for the construction of five 174,000-cubic meter M-type (ME-GA propulsion) LNG carrier newbuildings. They are to be constructed by Samsung Heavy Industries
Central Command has now released details and imagery substantiating its findings that an Iranian drone was the “projectile” that struck a product tanker managed by Idan Ofer’s Eastern Pacific Shipping on November