News Flash | Sea and Job

US port strike ends leaving cargo backlog

US East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached a wage deal to settle the industry’s biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time. The strike ended sooner...

Thousands of shipping containers have been lost at sea. What happens when they burst open?

Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, life-size plastic turkey decoys made for hunters, colorful squirt guns. And Crocs — so many...

South Korean Shipbuilders Land KRW 2 Tril. in Orders in a Single Day

The three major domestic shipbuilders—HD Korea Shipbuilding, Hanwha Ocean, and Samsung Heavy Industries—announced on Oct. 2 that they had secured shipbuilding orders worth over 2 trillion won in a single day. This marks the first time since 2008 that these...

Russia’s Shadow Tankers Threaten Baltic Environmental Catastrophe

The environmental group Greenpeace has examined the risks that Russia’s shadow fleet poses to the Baltic Sea as its vessels sail from its Baltic ports to the Danish Straits and, from there, to their destinations. The results could be devastating. The number of Russian...

IMO MEPC 82: Negotiations On A New Net-Zero Framework Continue

The 82nd session of the IMO’s Marine Environment Protection Committee (MEPC 82) continued its negotiation of GHG fuel intensity requirements, potentially in combination with a GHG pricing mechanism, as part of a new net-zero framework addressing GHG emissions. Other...

Tankers: VLCC Market on the Rise

Clean LR2 LR’s in the MEG were back to being subjected to downward pressure this week, taking them back to around the same level as a fortnight ago. TC1 sunk 26.39 points, taking the index to WS120.28 and, for a run west on TC20, the index settled down $374,447 to...

US port strike ends leaving cargo backlog

Thousands of shipping containers have been lost at sea. What happens when they burst open?

South Korean Shipbuilders Land KRW 2 Tril. in Orders in a Single Day

Russia’s Shadow Tankers Threaten Baltic Environmental Catastrophe

IMO MEPC 82: Negotiations On A New Net-Zero Framework Continue

Tankers: VLCC Market on the Rise

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