China's Imports of Russian Oil Near Record High
Russia remained China's top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments.China's imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10.81 million metric tons, or 2.55 million barrels per day (bpd) last month, according to data from the General Administration of Customs.That was quite close to the previous monthly record of 2.56 million bpd in June 2023.Seven Russian tankers under sanctions offloaded Sokol cargoes in Chinese ports in March…
Detained Ship from Russia Allowed to Leave German Port
A cargo ship from Russia earlier detained in Germany on suspicion of breaching sanctions is now free to leave the port of Rostock, the Stralsund main customs office confirmed on Friday without providing any further details.The Atlantic Navigator II carried 251 containers of birch wood destined for the United States, which is subject to EU sanctions against Russia, but not to the US ones, prosecutors have said.The vessel, which is managed by Canada-based CISN and sailing under the Marshall Islands flag, also has enriched uranium for some US clients, exempted from both US and EU sanctions, The O
Ras Al-Khair SEZ Seeking Maritime Infrastructure Investment
Saudi Arabia’s Ras Al-Khair Special Economic Zone (SEZ) said it is seeking local and foreign investors to help boost the Kingdom’s maritime infrastructure.With an initial area of 20 square kilometers, Ras Al-Khair SEZ, operated by the Royal Commission for Jubail and Yanbu, is an expanding zone with two focus areas, The King Salman International Complex for Maritime Industries and Services, and the Offshore Cluster supply chain. The SEZ is located next to Ras Al-Khair Port, the Kingdom’s newest industrial port.Ahmed M.
German Prosecutors Probe Ship for Possible Russian Sanctions Breach
A cargo ship leaving Russia that made an unscheduled stop at the German port of Rostock is under investigation there for carrying cargo in possible breach of sanctions, German authorities said on Wednesday.The Atlantic Navigator II, managed by Canada-based CSAL and sailing under the Marshall Islands flag, has been detained by German customs. On board are 251 containers of birch wood, which is subject to EU sanctions against Russia, prosecutors said."Investigations are under way against the captain of the freighter on initial suspicion of a violation of the Foreign Trade and Payments Act…
China Grain Imports Near Record High
Cereal and oilseed imports to China, the world's biggest buyer of farm goods, will remain near record highs this year despite a recent spate of cancellations as lower global prices and a domestic output shortfall prompt purchases.China's wheat imports from Australia in January and February this year have nearly quadrupled from the same time last year, the latest customs data show. That trend should continue even after Beijing cancelled or postponed 1 million metric tons of Australian wheat last week.The cancellations, along with those for about 500,000 tons of U.S.
Tanker Liteyny Prospect, Hit by Sanctions, Docks in China to Offload Russian Oil
The Russian tanker Liteyny Prospect, hit by sanctions, has docked at the Chinese port of Huanghua to discharge its 700,000-barrel Russian Sokol crude cargo, two sources familiar with the matter said, clearing part of a backlog of cargoes disrupted by sanctions on Moscow's oil trade.The tanker is one of six ships carrying Sokol crude, which India has not been able to import due to payment issues. The six ships had been sailing to China but five of them are floating at sea early this week, shipping data showed, following fresh U.S.
Spanish Police Seize Eight Tonnes of Cocaine
Spanish police seized eight tonnes of cocaine from Suriname hidden in a container disguised as a power generator in the southern port of Algeciras, tax authorities said on Monday.The haul of cocaine, one of the largest ever intercepted in Spain, was inside a metal structure designed to escape detection from scanners.But customs agents detected a large quantity of stacked goods that practically filled the container, so they forced it open.The drug smugglers had planned a route designed to make the discovery of the cargo's true contents as difficult as possible.
US Import Volumes Seen Rising Despite Red Sea Disruptions
Inbound cargo volume at the United States’ major container ports is expected to see year-over-year increases through the first half of the year despite attacks on ships in the Red Sea, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.“Only about 12% of U.S.-bound cargo comes through the Suez Canal but the situation in the Red Sea is bringing volatility and uncertainty that are being felt around the globe,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “U.S.
New Fortress Energy Gets US Clearance to Ship Altamira LNG
U.S. Customs and Border Protection has issued a ruling to New Fortress Energy, confirming that the transportation of LNG produced at the its FLNG facility located offshore Altamira in Mexico by non-U.S. qualified vessels would not violate the Jones Act.As a result of this ruling, NFE is now able to sell and deliver LNG produced at its FLNG facility located offshore Altamira, Mexico to U.S. locations, including Puerto Rico.Puerto Rico represents a key downstream market for New Fortress Energy…
Baltic Dry Index Marks Worst Week Since 2008
The Baltic Exchange's dry bulk sea freight index slid on Friday as its worst week since 2008 came to an end with rates across vessel segments languishing at multi-month lows.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, lost 94 points, or 6.1%, to 1,460, its lowest level since Nov. 2. It shed more than 30% for its biggest weekly decline since 2008.The capesize index dropped by 252 points, or 10.4%, to 2,172, extending its losing streak to the fifth session and hitting its lowest since Nov.
Institute of Chartered Shipbrokers Welcomes New Senior Officers
The Institute of Chartered Shipbrokers has officially welcomed its new senior officers at a Controlling Council meeting held in Athens, Greece.Taking over from Glenn Murphy as International Chair of the Institute is Luis Bernat. Prior to his election as Chair, Bernat has held the position of Vice Chair since 2021. He brings to the role extensive experience gained over almost 50 years in the industry. This includes, most recently, his role as Chartering Manager for TSL Shipping & Trading.
Ask What Your Government Can Do For Your Industry (A 2023 Retrospective)
John F. Kennedy’s famous locution, “Ask not what your country can do for you, but you can do for your country” remains the rallying call for civic action and public leadership. The message remains foundational to the success of the United States, particularly as we head into an election year that once again appears to be filled with divisiveness and vitriol. That said, before we flip the calendar, it is important to set JFK’s message aside for a moment and reflect upon what our political leadership in Washington…
Why the Indian Ocean Could be China's Achilles' Heel in a Taiwan War
Every day, nearly 60 fully loaded very large crude-oil carriers sail between the Persian Gulf and Chinese ports, carrying about half of the oil that powers the world's second-largest economy.As the vessels enter the South China Sea, they ply waters increasingly controlled by China's growing military, from the missile batteries and airfields at its bases on disputed islands to its stealthy Type 055 destroyers.But when crossing the Indian Ocean, joined by others headed to China from Africa and Brazil…
US Import Cargo Peak Came Later Than Expected -Report
Inbound cargo volume at the United States’ major container ports should continue to slow in the final weeks of 2023 after reaching its peak later than expected this fall, according to the Global Port Tracker report recently released by the National Retail Federation and Hackett Associates.“We originally thought peak season would come in August but imports kept growing in September and again in October,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
Stowaways Found on Barge in Puerto Rico
Twelve stowaways were found on a barge in San Juan Harbor, Puerto Rico, the U.S. Coast Guard said.Coast Guard watchstanders at Sector San Juan received notification from a Coast Guard Station San Juan boat crew at 8:34 a.m., Saturday, of a possible stowaway sighting aboard the barge that was being towed by the U.S.-registered tugboat Sarah Dann.Coast Guard Sector San Juan’s Boarding Team responded to the report and found nine stowaways aboard the barge, including one who was unresponsive. The unresponsive stowaway was reported to be breathing and have vital signs.
China Unlikely to Repeat Last Winter's Surge of Fuel Exports
A surge of diesel and gasoline exports from China in the last northern winter eased then-prevailing fuel shortages in Asia but a repeat performance this year is unlikely.China's exports of refined products have eased from high levels in recent months, partly as a result of stronger domestic demand, but a lack of available quotas and shrinking profit margins for fuels have also played a role.In the northern winter of 2022-23 China played an outsized role in easing a squeeze on the availability of refined fuels…
US Shipbuilding: Policy and Progress
When asked about the top issues facing shipbuilders, executives at the Shipbuilders Council of America (SCA) listed a number of topics and concerns. SCA is the only national trade association representing U.S. shipyards engaged in the building and repairing of military and other government and commercial vessels, and companies providing goods and services to the shipbuilding industry.Shutdowns have consequencesMatthew Paxton and Paula Zorensky are, respectively, SCA President and Vice President. Their top federal concern at the end of September? A U.S.
COLI Transports Shiploader and Related Project Cargo to Rotterdam
After 2.5 months of engineering and logistics preparation, COLI Shipping & Transport successfully delivered a second hand shiploader and related project cargo from Hamriyah, UAE, to Rotterdam, the Netherlands.The project was handled by COLI’s Istanbul Team.The main unit, a 15.5 x 8 x 8.4 meter shiploader, was initially surveyed by a local team of engineers that the company deployed in the UAE to make sure all hydraulics and steering gear were in order.In two days, the cargo was moved from a laydown area located near Hamriyah Port and prepared for lifting and transport…
US Coast Guard Joins Papua New Guinea Maritime Security Operation
Papua New Guinea (PNG) has invited the USCGC Myrtle Hazard (WPC 1139) to join their lead in maritime operations to combat illegal fishing and safeguard maritime resources during August 2023.This marks the first time a joint patrol effort will be executed at sea since the signing and ratification of the recent bilateral defense agreement between PNG and the US, which allows the US to embark shipriders from PNG agencies aboard the ship to conduct at sea boardings on other vessels operating in the exclusive economic zone (EEZ).The move emphasizes PNG’s commitment to maritime domain awareness…
New Patrol Vessel Delivered to Thailand
Thai shipbuilder Seacrest Marine has delivered an Incat Crowther-designed patrol boat to Thailand’s Customs Department.Launched in April 2023, the 20-meter monohull patrol vessel, Customs Boat 523, is now patrolling the oceans off the coast of Thailand. The vessel can operate at speeds of up to 35 knots with a cruising range of up to 300 nautical miles.Designed for maximum performance and efficiency, Customs Boat 523 boasts an efficient hull paired with twin-propeller propulsion, Incat Crowther said.
Philippines Coast Guard Orders 80 OXE Marine Diesel Outboards
The Philippines Coast Guard has awarded a contract to OXE Marine’s exclusive distributor in the Philippines, Dynamic Power Marine and Industrial Hardware in partnership with DM8 Composites, to procure 40 high-speed vessels equipped with twin OXE300 outboards. As a result of the awarded contract, Dynamic Power will supply 80 engines to equip the high-speed vessels to support operations all over the Philippines.The vessels will be built by DM8 Composites, a FRP boat builder in the Philippines.
Two New Members Join SAFE Boats Board of Directors
Bremerton, Wash. based boatbuilder SAFE Boats International announced that retired Vice Admiral William “Dean” Lee and Tom Norton have joined its board of directors.Vice Admiral Lee served in the U. S. Coast Guard for more than 36-years, most recently serving as the Commander, Atlantic Area (LANTAREA), responsible for all Coast Guard operations from the Rocky Mountains to the Arabian Gulf. During his service to the Nation, he served in numerous command and staff positions specializing in search and rescue and small boat operations.
Singapore Reigns Supreme in International Shipping Center Development Index
For the 10th year in a row, Singapore ranks first in the Xinhua-Baltic International Shipping Center Development Index (ISCDI) Report.Published jointly by the Chinese state news agency, Xinhua and global maritime data provider Baltic Exchange, the report lists Singapore as the global leading maritime center, followed by London and Shanghai.The island nation scored 95.32 out of a possible 100 points, while London scored 83.35 points and Shanghai took third place with 81.58 points.Singapore has held the top position since the index began a decade ago.