News Flash | Sea and Job

Cyprus: ‘Challenging’ year ahead for shipping, says president

The year 2025 is expected to be another challenging year for international shipping, which should remain resilient and continue to adapt and grow, President Nikos Christodoulides said on Friday evening. Addressing the annual dinner of the Cyprus Shipping Chamber in...

MOL, Namura Shipbuilding, Mitsubishi Shipbuilding Acquire AiP for Large Ammonia-powered Ammonia Carrier- Major Step toward Enhanced Ammonia Transport Capacity

Mitsui O.S.K. Lines, Ltd. announced that a large-size ammonia-powered ammonia carrier, under joint development by MOL, Namura Shipbuilding Co., Ltd. and Mitsubishi Shipbuilding Co., Ltd. since 2021 ,has received Nippon Kaiji Kyokai (ClassNK) approval in principle (AiP...

Charting the uncharted: The (un)intended consequences of oil sanctions and dark shipping

Despite formal restrictions, untracked oil continues to reach global markets, calling into question the true effectiveness of oil sanctions. This column presents a novel ship clustering model to detect ‘dark shipping’ – where tankers disable their location signals to...

Russian diesel continues to flow to Syria on US-sanctioned tankers, data shows

A second tanker under U.S. sanctions is moored near the Syrian port of Banias and may deliver a diesel cargo from Russia, data shows, as Moscow and Damascus strengthen ties. Moscow backed former Syrian autocrat Bashar al-Assad during more than a decade of civil war in...

Tankers: VLCCs Slightly Higher Last Week

Clean LR2 MEG LR2’s have been in notable demand this week, as a result freight levels have spiked. The TC1 75kt MEG/Japan index jumped up 21.67 points to WS151.67 and TC20 90kt MEG/UK-Continent assessment climbed $512,500 to $3.89m with $3.9m reported on subjects...

Americas Aframax demand could take a hit amid non-renewal of Venezuelan sanctions waiver

The US Department of the Treasury recently announced that Chevron’s sanctions waiver was not renewed, meaning the company will no longer be able to market Venezuelan crude for export. While it was initially believed that Chevron would have six months to wind down its...

Cyprus: ‘Challenging’ year ahead for shipping, says president

MOL, Namura Shipbuilding, Mitsubishi Shipbuilding Acquire AiP for Large Ammonia-powered Ammonia Carrier- Major Step toward Enhanced Ammonia Transport Capacity

Charting the uncharted: The (un)intended consequences of oil sanctions and dark shipping

Russian diesel continues to flow to Syria on US-sanctioned tankers, data shows

Tankers: VLCCs Slightly Higher Last Week

Americas Aframax demand could take a hit amid non-renewal of Venezuelan sanctions waiver

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