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The Federal Maritime Commission (FMC) in Washington DC is having to handle a record number of cases. The latest complaint comes not from a shipper but from China’s BAL Container Line, which has taken SSA Marine Terminal to task over its decision to levy congestion surcharges. “Complainant alleges these violations arose from an assessment of …
https://splash247.com/record-volume-of-cases-rain-in-at-the-federal-maritime-commission/
https://splash247.com/record-volume-of-cases-rain-in-at-the-federal-maritime-commission/Suezmaxes and aframaxes look set to be the beneficiaries of last week’s announcement that the US will ease sanctions on Venezuelan oil, though analysts remain divided on whether the development is good news for the tanker sector as a whole. The US has issued a six-month license authorising transactions in Venezuela’s oil sector after Venezuelan …
https://splash247.com/winners-and-losers-from-lifting-of-sanctions-on-venezuela/
https://splash247.com/winners-and-losers-from-lifting-of-sanctions-on-venezuela/London-headquartered broker Gibson is reporting that there are now no suezmax newbuild slots left in China for 2026. “As a result,” Gibson stated in a recent report, “we are seeing a number of owners spar with the Korean/Japanese yards on what pricing can really be achieved for deliveries across 2026.” In South Korea, yards would …
https://splash247.com/no-suezmax-newbuild-slots-left-in-china-for-2026/
https://splash247.com/no-suezmax-newbuild-slots-left-in-china-for-2026/Iron ore port stocks in China have slipped to below the 100m ton mark for the first time since September 2020, but an armada of big bulkers heading from Brazil and Australia suggests this low point will pass quickly. Inventories of iron ore peaked in February 2022 at 144m tonnes and have been unwinding ever …
https://splash247.com/chinese-iron-ore-inventories-slip-below-100m-tons/
https://splash247.com/chinese-iron-ore-inventories-slip-below-100m-tons/A fire has broken out aboard a scrap barge in Jersey City, N.J., the U.S. Coast Guard said on Sunday.The agency said its watchstanders at USCG Sector New York received an initial call of a fire aboard a scrap metal barge moored at Sims Metal…
https://www.marinelink.com/news/fire-breaks-scrap-barge-new-jersey-508930
https://www.marinelink.com/news/fire-breaks-scrap-barge-new-jersey-508930Tanzania on Sunday signed agreements with Dubai state-owned ports operator DP World to operate part of the Dar es Salaam port for 30 years, a deal that has previously been opposed by Tanzania opposition and rights groups.Plasduce Mbossa, director…
https://www.marinelink.com/news/tanzania-inks-deals-dp-world-operate-dar-508931
https://www.marinelink.com/news/tanzania-inks-deals-dp-world-operate-dar-508931An investigation into the damage to the Balticonnector gas pipeline is currently focused on the role of the Chinese NewNew Polar Bear container vessel, Finland's National Bureau of Investigation (NBI) said on Friday.Early on Oct. 8, a gas pipeline…
https://www.marinelink.com/news/china-ship-focus-pipeline-damage-probe-508932
https://www.marinelink.com/news/china-ship-focus-pipeline-damage-probe-508932Richard Mueller, president and CEO of naval architecture and marine engineering firm NETSCo has been elected as president-elect of the Society of Naval Architects and Marine Engineers (SNAME) and is slated to ascend to the presidency in the…
https://www.marinelink.com/news/richard-mueller-named-presidentelect-508933
https://www.marinelink.com/news/richard-mueller-named-presidentelect-508933The sailaway ceremony for the Tango floating liquefied natural gas (FLNG) unit and Excalibur floating storage unit (FSU) was held Saturday to mark the vessels' sail away from Dubai to Congo, where they will serve Eni's Congo LNG project, whose first phase will start in December 2023.Tango FLNG, whic
https://www.marinelink.com/news/tango-flng-excalibur-fsu-set-begin-508936
https://www.marinelink.com/news/tango-flng-excalibur-fsu-set-begin-508936Singapore's Maritime and Port Authority (MPA) will launch a digital bunkering initiative on Nov. 1, making the city-state the first port in the world to use electronic bunker fuel delivery notes, the MPA said on Monday.The digital notes will…
https://www.marinelink.com/news/singapore-roll-electronic-bunker-delivery-508940
https://www.marinelink.com/news/singapore-roll-electronic-bunker-delivery-508940