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Maritime News
UAE Emerges as Hub for Companies Helping Venezuela Avoid US Oil Sanctions
In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was…
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Maritime News
Pacific International Lines offered $600M lifeline as it fights to avoid liquidition
Pacific International Lines (PIL) is seeking protection from the Singapore High Court from winding-up or enforcement orders as it tries…
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Marine World
Ships Avoid Bunkering In Hong Kong Due To Strict COVID Rules
For some suppliers, sales have halved this month compared with July, according to people familiar who asked not to be…
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Maritime News
Port Agents Should Inform of Cost Increases to Avoid Payment Delays, Says ITIC
International Transport Intermediaries Club (ITIC) warns port agents to inform their regular principals of port fee and tariff increases, even…
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Maritime News
Chinese Firms May Avoid Tankers That Have Carried Venezuelan Oil
Chinese oil companies may soon decline to charter any tanker that has visited Venezuela in the past year to avoid…
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Marine World
Trump Administration Issues Global Maritime Advisory to Avoid Sanctions Risk
By Humeyra Pamuk, Jonathan Saul and Timothy Gardner WASHINGTON/LONDON May 14 (Reuters) – The Trump administration on Thursday issued guidelines…
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Tanker News
Nasty, brutish, but short; shipping must navigate gaping downside risks to avoid a great depression
A rapid market recovery is dependent on the success of policy responses and failure could be disaster, writes James Frew…
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