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Port News
Caravel tightens grip on Pacific Basin, rules out takeover bid
Hong Kong conglomerate Caravel Group has increased its shareholding in Pacific Basin Shipping, strengthening its position as the largest shareholder…
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Port News
US tightens naval grip on Venezuelan oil exports with new tanker seizure
US forces are continuing the pressure on Venezuela with the seizure of a third tanker in just two days. Maritime…
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Port News
Second tanker seized as US tightens Venezuela oil net
US authorities have intercepted and boarded an oil tanker carrying Venezuelan crude east of Barbados, marking the second seizure of…
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Port News
Capesize rates charge past $40,000 a day as tonnage tightens across basins
The capesize market is ending the year with a burst of momentum rarely seen outside cyclical peaks, as tightening tonnage…
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Port News
Taiwan tightens noose on high-risk tonnage
Taiwan is amending its Law of Ships regulations with a view to fining ship operators up to NT$10m ($318,000) for…
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Marine World
Denmark Tightens Oversight of Shadow Fleet Tankers in Strategic Baltic Gateway
The Danish government has announced strengthened environmental oversight of tankers at Skagen Anchorage, a critical hub for Baltic Sea shipping…
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Port News
Denmark tightens checks on shadow fleet
The Danish government yesterday announced it is tightening environmental and safety inspections of oil tankers—especially older, high-risk ships—passing through its…
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Port News
Taiwan tightens P&I checks
Taiwan will begin enforcing a new shipowner liability insurance review system from October 15, the Maritime and Port Administration (MPA)…
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Port News
South Africa tightens offshore ship-to-ship rules
South Africa has introduced a new regulatory framework for offshore ship-to-ship (STS) transfers, sharply increasing penalties and setting strict environmental…
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Maritime News
Sweden Tightens Controls on Baltic Shipping Targeting Shadow Fleet
The Swedish government announced starting July 1 it will be enforcing new rules on ships that pass through Swedish territorial…
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