
Articles
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1 week ago |
shippingwatch.com | Nidaa Bakhsh
The US says any refinery, company or broker that facilitates the trade puts itself ”at serious risk”. The US Treasury Department’s Office of Foreign Assets Control (Ofac) has sanctioned a Chinese independent refiner, five tankers and several companies for facilitating Iran’s oil shipments.
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1 week ago |
shippingwatch.com | Nidaa Bakhsh
Andrew Cutler, who has been in the role for 13 years, has decided to step away at the end of the year. He is being replaced by Mike Hall, currently deputy CEO. Andrew Cutler, chief executive at The Britannia Group, a UK-based P&I insurer, has decided to resign after 13 years in the role.
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1 week ago |
shippingwatch.com | Nidaa Bakhsh
London-listed owner says sanctioned tankers which will likely be removed from the trading fleet will help with supply-side fundamentals. Tufton Assets, a UK-listed shipowner, says there remains significant uncertainty on the net outcome of geopolitical changes.
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1 week ago |
shippingwatch.com | Nidaa Bakhsh
The updates to the maritime convention aim to improve working conditions for seafarers including recoginising them as key workers. The International Labour Organization’s Maritime Labour Convention (MLC) has been strengthened following a week of negotiations in Geneva.
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1 week ago |
shippingwatch.com | Nidaa Bakhsh
Vladimir Motin was charged with gross negligence manslaughter after the incident in the North Sea in early March. Case has been adjourned until May 30. Vladimir Motin, the Russian captain of the Solong box ship which collided into the Stena Immaculate tanker in the North Sea in early March, appeared virtually at a hearing in London.
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What's happening in the dry bulk market--seems directionless. Any thoughts?

Cyclone Ilsa has passed. Port Hedland re-opens. Limited impact to cape rates.

Dry bulk rates even lower now than when I wrote this: https://t.co/vTfyvQs6QP