Tests Raise Alarms Over Fuel Blends Coming for Ocean-Going Vessels January 2, 2020 By Collin Eaton HOUSTON — As a global clean-fuel mandate takes effect Jan. 1, testing companies examining newer, low-sulfur marine blends acquired in...
Shipping Industry Sails into Unknown with New Pollution Rules December 12, 2019 By Jonathan Saul LONDON — Faced with imminent new global marine pollution rules, shipping companies and insurers are puzzling over the risks. To...
Viewpoint: The Wrong Way to Fight Porch Pirates December 6, 2019 By Sarah Halzack One consequence of America’s Cyber Monday shopping binge is the imminent arrival of $9.4 billion worth of merchandise on the...
UPS Found Liable For Shipping Contraband Cigarettes In New York, but Damages Reduced November 8, 2019 By Jonathan Stempel A federal appeals court found United Parcel Service Inc liable to New York state and New York City for shipping...
Shipping Fears Linger That Fuel Switch May Lead to Accidents September 12, 2019 By Firat Kayakiran The global shipping industry is about to undergo one of the biggest changes in its recent history with concerns lingering...
Gulf Tanker Incidents May Raise Shippers’ Costs, Cut Traffic July 22, 2019 By David Koenig and Frank Bajak Seizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for...
Seeking to Avoid Escalation, Ships Deploy Unarmed Guards to Navigate Gulf July 17, 2019 By Jonathan Saul LONDON — Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard...
How to Sink the Pirates Plaguing West Africa: Viewpoint July 2, 2019 By Tobin Harshaw Remember those Somali pirates? Earlier this decade, they brazenly hijacked giant oil tankers, demanded ransoms in the millions of dollars,...
Oil Tanker Insurance Costs to Jump After Gulf Attacks June 14, 2019 Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the...
Insurer Says Iran’s Revolutionary Guards Likely Organized Tanker Attack May 17, 2019 By Jonathan Saul and Gwladys Fouche LONDON/OSLO — Iran’s elite Revolutionary Guards (IRGC) are “highly likely” to have facilitated attacks last Sunday on four tankers including...