The Iranian tanker vessel Grace 1 has been released by UK authorities in Gibraltar, where it had been held since early July. US authorities filed last-ditch request to seize the tanker.
In a letter, Stena Bulk's CEO calls on India's prime minister to personally enter the efforts to secure the release of UK-flagged tanker ship Stena Impero and its primarily Indian crew members, who have been detained in Iran since mid-July.
In a region connecting Denmark and Sweden, Stena Oil will deliver the new low-sulfur fuel meeting the IMO's requirements by barge. The company also expands with a storage facility and gets a new tanker delivered.
According to shipbroker Braemer ACM, Evergreen has sent four container ships to be scrapped. Last week, the Taiwanese liner company pledged better safety to ShippingWatch after scrapping of an Evergreen vessel recently cost a yard worker his life.
Indonesia will not enforce IMO 2020 when the rules take effect next year. Rather, the country will allow its ships to sail on heavy fuel within national waters, prompting criticism from Trident Alliance.
Japanese shipping group MOL has established a working group to bring down shipping's CO2 emissions by using alternative fuels. A Japanese classification bureau is also part of the initiative.
Sunday, Iran seized an oil tanker said to be smuggling oil to Arab countries. Seven seafarers have been detained along with the tanker.
More and more fuel types with a low sulfur content are being introduced to the market – and in some cases in ports in which low-sulfur fuels are not common, says Bureau Veritas. This indicates one thing in particular, assesses the classification bureau.
Donald Trump escalates the trade war with China with announcement of new tariffs on USD 300 million worth of Chinese imports. The new taxes could go well above 25 percent, says the US president.
The US and China plan to meet again in September for trade talks, as the latest round of negotiations conclude with few signs of progress in the trade dispute between the two superpowers.
The two superpowers wrapped up a new round of trade talks without clear evidence of progress made toward ending the protracted trade dispute.
British oil major BP has not sailed its own UK-flagged tanker vessels through the Strait of Hormuz since an attempt to detain a BP ship earlier this month. Stena Bulk vessel Stena Impero is still detained by Iran.
First it was Brexit that diluted the UK flag's maritime standing. Now UK-based shipping companies fear that the Strait of Hormuz conflict is making it less attractive to sail under UK flag.
Yet another British Navy warship has arrived at the Strait of Hormuz to guard the country's merchant fleet in the region following Iran's detention of a UK-flagged Stena vessel a few weeks back.
This week especially held stories involving the Strait of Hormuz, and most recently, the Danish government has declared its readiness to participate in a naval mission. Moreover, an investor has lost patience with a Danish shipbreaking yard, and logistics company Kuehne+Nagel said no to seafreight acquisitions.
Denmark is now prepared to participate in an international naval mission aimed at ensuring the safety of international shipping in the Strait of Hormuz. "The government welcomes a possible Danish contribution," says Foreign Minister Jeppe Kofod.
The UK navy has been tasked with accompanying British-flagged vessels through the Strait of Hormuz, says government spokesperson. This precaution is a result of last week's seizure of a British-flagged tanker vessel. Updated.
A Brazilian top court justice has ordered Petrobras to refuel two Iranian ships stranded off the country's coast. The state-owned oil company initially refused to do so, fearing sanctions by the US.
At least two Iranian vessels are stranded in Brazil as international sanctions do not allow the vessels to be refueled. Iran threatens to cut all imports from Brazil in retaliation, claiming it can easily find new suppliers.
A US investor has lost patience with the Modern American Recycling Services shipyard in Frederikshavn, Denmark. Now he wants the money used for purchasing two obsolete rigs returned. MARS denies allegations.
China is ready to expand the country's ban against wash water from open-loop scrubbers, reveals a new plan in which China outlines how the country aims to comply with next year's sulfur regulations, writes Reuters.
With Boris Johnson as the new UK Prime Minister, the risk of a no-deal Brexit just increased significantly, warn several organizations. DFDS continues its preparations while hoping for a deal, informs chief executive.
If the US imposes tariffs on European cars and auto parts, the EU is prepared to respond with EUR 35 billion in tariffs on US goods. Previously, the EU threatened to impose EUR 20 billion in tariffs.
Iran's seizure of a UK-flagged oil tanker constitutes state piracy, says UK Secretary of State Jeremy Hunt after an emergency meeting in London.
Dry bulk shipowners' association Intercargo expresses concerns six months ahead of the new sulfur regulations entering force. Limited access to fuels complying with the new requirements delay practical tests aboard, claims Intercargo.
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