News Flash | Sea and Job

Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours

As a meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 83) closes today, the Clean Arctic Alliance welcomes member states’ approval of a proposal for a new North-East Atlantic emission control area, scheduled to...

Tankers: VLCC Market Keeps Trending Downwards

Clean LR2 MEG LR2’s gradually softened this week. The TC1 75kt MEG/Japan index dropped from WS250 to WS130.28 and a TC20 90kt MEG/UK-Continent was also assessed $271,000 lower at $3.73m. West of Suez, Mediterranean/East LR2’s remained dormant with the TC15 index...

International Maritime Organization climate talks fall short, groups still optimistic about clean shipping future

The International Maritime Organization (IMO) concluded its latest round of climate negotiations without reaching a consensus on critical measures to reduce greenhouse gas emissions from the global shipping industry, falling short of the climate targets under the...

Estonian authorities detain Russian ‘shadow fleet’-linked oil tanker near Tallinn

Estonia detained a Russian-linked oil tanker near Tallinn for maritime law violations. The Kiwala, which authorities claim is part of Moscow’s “shadow fleet,” has already been sanctioned by the EU and other countries. A Kremlin-linked oil tanker was detained by...

BAR Technologies’ WindWings: A Practical Solution Amidst MEPC 83’s Compromised Net-Zero Framework and Mediterranean ECA Implementation

In the wake of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) 83rd session, which concluded with a narrow majority approval of the draft “IMO Net-Zero Framework,” BAR Technologies underscores the immediate viability and...

XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April

Data highlights: • Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April when they increased +9% and +15% respectively. • Average spot rates are down 42% into US East Coast and 50% into US West Coast since 1 January,...

Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours

Tankers: VLCC Market Keeps Trending Downwards

International Maritime Organization climate talks fall short, groups still optimistic about clean shipping future

Estonian authorities detain Russian ‘shadow fleet’-linked oil tanker near Tallinn

BAR Technologies’ WindWings: A Practical Solution Amidst MEPC 83’s Compromised Net-Zero Framework and Mediterranean ECA Implementation

XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April

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