News Flash | Sea and Job

India: Centre considers seed funding to establish a shipping insurance entity

With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying its own funds as preliminary investment. This approach would involve private insurers and shippers contributing at a secondary...

Yemen’s Houthis to play bigger role in Middle East conflict?

In a recent speech, the leader of the Houthi rebel group in Yemen proudly announced his group’s tally over the past year: The Houthi group, which controls much of northern Yemen, targeted 193 ships passing their country and launched more than 1,000 missiles and drones...

Italy’s Fratelli Cosulich diversifying bunker barge fleet amid multi-fuel future

Genoa-based Fratelli Cosulich is diversifying its bunker barge fleet to include methanol- and biofuel-ready vessels, and plans to expand its LNG barge fleet further as it gets ready for shipping’s multi-fuel future, its head of marine energy Guido Cardullo told...

Head of international shipping regulator says industry must do more to cut carbon pollution

For years, the international shipping industry has been criticized for making little progress in reducing the carbon-belching pollution released from the fuels that vessels use in moving most of the cargo that people use every day, such as food, cars and clothing....

A close eye on Iranian oil flows to China amid heightened geopolitical risks

China’s seaborne crude imports fell from August’s year-to-date high to 9.7 mbd in September, as refiners turned to onshore crude inventories to sustain operations. Despite seasonally strong motor fuel demand during autumn, a slowing economy and tight clean fuel export...

US expands sanctions to Iran’s ‘ghost fleet’ of oil tankers

The United States expanded sanctions against Iran’s petroleum and petrochemical sectors on Friday in response to an Iranian missile attack on Israel, the administration of President Joe Biden said. The U.S. move adds petroleum and petrochemicals to an executive order...

India: Centre considers seed funding to establish a shipping insurance entity

Yemen’s Houthis to play bigger role in Middle East conflict?

Italy’s Fratelli Cosulich diversifying bunker barge fleet amid multi-fuel future

Head of international shipping regulator says industry must do more to cut carbon pollution

A close eye on Iranian oil flows to China amid heightened geopolitical risks

US expands sanctions to Iran’s ‘ghost fleet’ of oil tankers

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