The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying support for a charge on the international shipping sector’s greenhouse gas emissions, documents reviewed by Reuters showed. The documents, being discussed at an International Maritime …
Ukraine said any ships heading to Russian ports may be military targets, a tit-for-tat response to a threat from Moscow that escalates the war’s risk to global food markets. Since Moscow halted the Black Sea agreement that allowed Ukraine to …
Russia warned that from Thursday any ships traveling to Ukraine’s Black Sea ports will be seen as possibly carrying military cargoes, after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports. The …
An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of using the world’s oldest and most dangerous vessels. Shortly after President Vladimir Putin’s invasion of Ukraine early last year, hundreds …
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the environmental and safety impact of an expanding fleet of aging vessels plying major shipping lanes. The city-state has held 33 ships for …
A giant oil tanker that was detained in China failed its safety inspection on more than 20 counts, spotlighting the dangers posed by a rapidly expanding fleet of aging vessels sailing the world’s oceans. The ship, currently called the Titan …
Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a Malaysian maritime enforcement agency official said on Tuesday. The Pablo, an Aframax-class crude oil tanker whose insurers are unknown, was …
Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if they can lawfully cover Russian cargoes. Since December, buyers of Russian crude oil have only been allowed to access financial …
A rise in spot prices for Russian crude oil to above the $60 per barrel cap imposed by western powers has made ship insurers even more nervous of running foul of the rules as they are unable to independently track …
A United Nations agency that oversees shipping raised concerns about the shadow fleet of tankers that has emerged to transport oil amid sanctions, calling for more steps to boost safety. States that become aware of ships going dark — or …
