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Bulgaria to keep up export flows of Russian fuels to Ukraine

Derogation from EU sanctions allows for Russian fuel to keep flowing into Ukraine via Bulgaria after Feb. 5.
  • New Russia sanctions could eventually leave Europe in drastic need of diesel
  • Wärtsilä books major loss from Russian exit

For subscribers

Foto: Uncredited/AP/Ritzau Scanpix

New Russia sanctions could eventually leave Europe in drastic need of diesel

For subscribers

Foto: Mærsk Mc-kinney Møller Center for Zero Carbon Shipping

Mærsk Center for Zero Carbon hires new executive from port company

For subscribers

Foto: Christian Charisius/AP/Ritzau Scanpix

European carrier orders 12 methanol vessels at Korean yard

For subscribers

Foto: Ritzau Scanpix/Andrew Biraj

Carriers scrapped 292 vessels on South Asian beaches last year

For subscribers

Wärtsilä's financial loss after the Russian exit has been felt in all corners of the business, says head of marine systems Tamara de Gruyter. | Foto: Wärtsilä

Wärtsilä had to abandon valuable projects after departure from Russia

For subscribers

  • Foto: Clodagh Kilcoyne/Reuters/Ritzau Scanpix

    Maersk and German start-up wants to enhance emission visibility for global e-trade

    A partnership with German startup Cozero is to help Maersk develop tools necessary to work out emissions for global parcel deliveries.

    For subscribers

  • Foto: Colourbox

    Greek tanker carrier teams up with Singapore decarbonization center

    Singapore Global Centre for Maritime Decarbonization snags up first ever Greek partner in tanker carrier Olympic Shipping.

    For subscribers

  • Foto: CMB

    Swiss-Belgian duo to develop ammonia engine for bulk carriers

    Via company CMB Tech, Belgian shipping family Saverys aims to develop an ammonia ship engine in collaboration with Swiss WinGD. The engine will be deployed in ten Chinese-built dry bulk vessels.

    For subscribers

  • Foto: Sameer Al-doumy

    Total Energies prosecuted for potential 'greenwashing'

    Three NGOs have filed complaints over Total Energies, now a formal investigation target for French prosecution authorities.
  • Foto: Tatiana Meel/Reuters/Ritzau Scanpix

    EU considers capping Russian fuel prices at USD 100 a barrel

    With less than ten days until sanctions on refined petroleum products from Russia will be implemented, the EU is allegedly contemplating a price cap on the nation’s diesel at USD 100 per barrel.

    For subscribers

  • Foto: Wolfram Steinberg/AP/Ritzau Scanpix

    New partnership to investigate potential human rights abuse at sea

    Organizations Human Rights at Sea and Confidential Human Factors Incident Reporting Programme pledge to share resources and investigate cases involving potential violations of human rights at sea.

    For subscribers

  • Jeb Bush (left) is the brother of former US president George W. Bush (right). He is former governor of Florida and ran for nomination as the presidential candidate of the Republican Party in 2016. He lost, however, to later president Donald Trump. | Foto: Alex Brandon/AP/Ritzau Scanpix

    Jeb Bush levels sharp criticism at candidate for IMO leadership

    Panama is not worthy to lead the UN’s maritime organization, as the country protects ships violating sanctions against Iran, argues Jeb Bush, brother of former US president George W. Bush.

    For subscribers

  • Foto: Amit Dave/Reuters/Ritzau Scanpix

    Only eight box vessels sold for demolition in 2022: "We are sure to see a backlog"

    After three years with increasing shipbreaking, levels declined in 2022. Only few container ships were retired, increasing the need for demolition of older, fossil-fueled tonnage, according to one analyst.

    For subscribers

  • Ships sailing on the US Mississippi River. The pictured ships have no connection to the Greek carriers mentioned in the article. | Foto: Gerald Herbert/AP/Ritzau Scanpix/AP

    Greek carrier slapped with major fine for willful pollution tampering

    Greek carrier Empire Bulkers and a related company are ordered to pay a USD 2m fine for knowingly discharging polluted water into the Mississippi River.

    For subscribers

  • Lars Jensen is a shipping analyst and founder of consultancy Vespucci Maritime. In the future, he will write two opinion pieces for ShippingWatch a month. | Foto: MAGNUS MØLLER

    Opinion: Nine carriers operate 82 percent of all vessels. That does not mean they control the market

    It is a widespread misconception that the nine largest carriers also control over 80 percent of global freight. Conversely, their collaborations might very well benefit customers in a time with many blank sailings, writes Lars Jensen.
  • Foto: Joachim Ladefoged

    European ports launch offshore wind collaboration

    Last year marked the beginning of a new European collaboration, which has now prompted six wind ports to sign a deal on realizing offshore wind ambitions.

    For subscribers

  • Foto: Pr / Cma Cgm

    More than half of global fleet likely to receive worst climate ratings

    An analysis of the sailing activities of 15,372 ships throughout the last year shows that more than half of the global merchant fleet stand to receive one of the two worst CII ratings.

    For subscribers

  • Foto: Cpc/Reuters/Ritzau Scanpix

    Why the G-7 cap on Russian fuel prices will be harder than it looks

    With 24 days until G-7 nations impose a price cap on refined oil from Russia, Bloomberg News provides an overview of the main factors that need consideration before cap specifics are determined.

    For subscribers

  • Ifølge IMB har en flådeindsats fra en række lande heriblandt Danmark, der i slutningen af 2021 og indtil starten af 2022 havde fregatten Esbern Snare sejlende i Guineabugten, bidraget til at holde pirat-kriminaliteten nede. According to IMB, combined efforts from a string of countries have contributed in keeping global piratical activities at XX | Foto: Handout/Reuters/Ritzau Scanpix

    Global piracy incidents hit lowest levels in decades

    Global piratical activities are dropping steadily, with dwindling especially taking part in the Gulf of Guinea off West Africa, show new numbers from IMB, applauding the sustained efforts in the area.

    For subscribers

  • A small business owner resorts to candle lights during a Odessa blackout back in December 2022. | Foto: Stringer/Reuters/Ritzau Scanpix

    Dry cargo operator running on back-up power: "The noise of generators is heard all over Odesa"

    Russian missile attacks lead to blackouts in Odesa. But the people and businesses are adapting to the ”extreme conditions,” writes dry cargo exec in latest update from the Ukrainian city on the Black Sea banks.

    For subscribers

  • ”We are very determined that one should aim for climate neutrality by 2050, similar to our own target in Danish Shipping,” says Danish Shipping's Maria Skipper Schwenn. | Foto: PR-foto: Danske Rederier

    IMO should agree on climate neutrality – a "disaster" if not

    A decisive battle regarding shipping’s climate ambitions will take place in July, says Danish Shipping, arguing that IMO’s climate committee should decide on a tightening of 2050 climate targets and set dates for specific measures ensuring climate neutrality.

    For subscribers

  • Foto: PR-FOTO

    Accident board blames faulty safety measures aboard Norden tanker for fatal incident

    The Danish Maritime Accident Investigation Board lashes out at the safety measures installed on a Norden tanker, on which two technicians suffered fatal accidents during a routine inspection. The case has been handed over to the Danish Maritime Authority.

    For subscribers

  • Foto: Magnus Møller

    Opinion: Carriers are blamed for a lot of things – but inflation should no longer be one of them

    Shipping companies were accused of greed and being a source of increased consumer prices during the pandemic. That claim is only partly true, writes analyst Lars Jensen in his first opinion piece for ShippingWatch.

    For subscribers

  • The picture shows a pipeline inaugurated in Duisburg, Germany, in December 2022. | Foto: Roland Weihrauch/AP/Ritzau Scanpix

    RWE and Equinor plan Norway-Germany hydrogen pipeline

    Norway and Germany intend to build hydrogen power plants along with a pipeline for sending the fuel between the two countries, state officials say.
  • Foto: Hempel

    Hempel still stuck in Russia – hopes to sell factory soon

    EU sanctions obstruct Hempel’s long-running attempt to hand off a Russian factory with 124 employees. The company now hopes for a legal breakthrough.

    For subscribers

Latest news

  • Freight rates out of China continue to plummet – 3 Feb
  • Ziton wins multi-year deal with German utility – 3 Feb
  • Euronav CEO defends decision to retain large dividend – 3 Feb
  • DSV denies savings plan but is attentive to costs – 3 Feb
  • DP World to construct large port terminal in India – 3 Feb
  • Maersk's chief of fleet leaves after 25 years as reshuffling continues – 3 Feb
  • Clarksons banks on offshore wind with new US office – 3 Feb
  • Opinion: Maersk and MSC heading for direct confrontation over customers – 3 Feb
  • Bulgaria to keep up export flows of Russian fuels to Ukraine – 3 Feb
  • New Russia sanctions could eventually leave Europe in drastic need of diesel – 3 Feb
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