News Flash | Sea and Job

US Treasury Targets Iranian Oil Exports and Shadow Fleet

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is further disrupting Iran’s oil exports by imposing sanctions on Greek national Antonios Margaritis, his network of companies, and nearly a dozen vessels involved in Iran’s shadow fleet....

Platts proposes to change CIF Mediterranean Marine Fuel 0.5% Cargo basis port to Algeciras, Jan 2

Platts, part of S&P Global Commodity Insights, proposes to change the basis port of the CIF Mediterranean Marine Fuel 0.5% Cargo assessment (MFCMM00) from Genoa to Algeciras, effective Jan. 2, 2026. Following market feedback and an observed change in...

US resumes imports of Venezuelan oil under new license to Chevron

Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the South American country’s oil following a new license granted by Washington, vessel tracking data showed. The U.S. Treasury Department last...

Tendering in times of volatility – how can ocean container shippers achieve financial savings and supply chain resilience?

If you are a business preparing a budget ahead of tendering for your next long term ocean container shipping contract, where do you start given the massive supply chain volatility during 2025 in the wake of US tariffs and trade wars? In a hypothetical scenario where...

Asia-USWC container rates nearing pre-Red Sea diversion levels

Rates for shipping containers from east Asia and China to the US continued to fall this week, with rates to the US West Coast nearing where they were when carriers began avoiding the Red Sea because of attacks by Houthi rebels. The sudden move to avoid the Red Sea and...

85% private participation in key ports by 2030: Sarbananda Sonowal

The government has identified 50 public-private partnerships (PPP) projects worth over ₹60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business...

US Treasury Targets Iranian Oil Exports and Shadow Fleet

Platts proposes to change CIF Mediterranean Marine Fuel 0.5% Cargo basis port to Algeciras, Jan 2

US resumes imports of Venezuelan oil under new license to Chevron

Tendering in times of volatility – how can ocean container shippers achieve financial savings and supply chain resilience?

Asia-USWC container rates nearing pre-Red Sea diversion levels

85% private participation in key ports by 2030: Sarbananda Sonowal

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