shipping News

Strikers Shut Down Vital Great Lakes Shipping Artery for Days, Negotiations Looming

MINNEAPOLIS (AP) — A strike has shut down all shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the United States via the Great Lakes to the rest of the world. Around 360 …

Viewpoint: A New Risk Landscape Emerges for Global Maritime Industry

In a constantly changing world, the maritime industry has always stood as a symbol of resilience, adaptability, and progress. Key to this, however, has always been the role of insurance, and in particular, third party liability within the context of …

Maritime Industry Explores Nuclear Power for Ships as Technology Opens Up

LONDON –– The maritime industry is exploring whether nuclear fuel can be used to power commercial ships as advancements in technology open up such options, industry officials said. Nevertheless, any possible nuclear fuel solutions for ships are at least 10 …

Shipping Company Ordered to Pay $2.25M After Discharging Oily Bilge off Rhode Island

PROVIDENCE, R.I. (AP) — The owner of a Greek oil tanker has been ordered by a U. S. judge to pay $2.25 million in fines and penalties after discharging oily bilge water into the ocean during a trans-Atlantic voyage and …

Romania Bids to Clear Danube Logjam After Ukraine Attack

BUCHAREST/KYIV —Romania expects around 30 ships from Ukraine to clear customs on the Danube River over the next two days as it bids to clear a logjam in the aftermath of Wednesday’s Russian attack on Ukraine’s main river port at …

Burning Car Carrier Towed to Temporary Location off Dutch Coast

AMSTERDAM – A burning car carrier off the Dutch coast has been towed to a new location away from shipping lanes as part of an operation to salvage the ship, the Dutch public works and water management ministry and local …

Insurers Reviewing Black Sea Ship Cover After Russia Suspension

LONDON, July 17 (Reuters) – Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia said on Monday it will suspend participation in a UN-backed deal that allows the export of grain through …

Iran Tried to Seize 2 Oil Tankers Near Strait of Hormuz, US Navy Says

DUBAI, United Arab Emirates (AP) — Iran tried to seize two oil tankers near the strategic Strait of Hormuz early Wednesday, opening fire on one of them, the U.S. Navy said. It said that in both cases, the Iranian naval …

Venezuela’s Oil Tankers at Risk of Sinking, Fires, Spills, Report Finds

PUNTO FIJO –– More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be immediately repaired or taken out of service, according to an internal report from state-run oil company PDVSA that …

Oil Spills and Near Misses: More Ghost Tankers Ship Sanctioned Fuel

LONDON –– An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a collision near Cuba. A third is seized in Spain for drifting out of control. These vessels were part of a …