The European Union's FuelEU Maritime regulation takes effect on Jan. 1, 2025, and it is expected to give European shipping interests a big compliance challenge - or opportunity, depending on how they operate. The regulation is highly technical and is driven more by math than...
Lim Oon Kuin (known as OK Lim) was accused of cheating global bank HSBC out of $111.6m through discounts made...
Singaporean bunker trading tycoon OK Lim has been sentenced to more than 17 years in prison for his role in an accounting scandal that cost their creditors billions of dollars. Lim, 82, faced 130 individual charges in connection with a fraud scheme at his now-defunct trading...
Market is highly fragmented among service providers varying widely in quality Related StoriesHouthis reject UN claims of taking $180m monthly in illegal fees for safe Red Sea transitDaily Briefing 18 November 2024US announces $580m in port grants [ad_2] News source: https://www.lloydslist.com Go to original post...
The Royal Navy, Royal Fleet Auxiliary and RAF have maintained constant watch on two Russian naval task groups passing the UK over the past seven days. Warships, helicopters, a support ship and long-range maritime patrol aircraft monitored the progress of two separate groups – one led...
The Biden administration has announced nearly $580m for 31 port improvement projects in 15 states and one territory Related StoriesFormer shipping minister calls on industry to take action on sexual assault, harassment and bullyingPort of Montreal operations to resume on SaturdayWeak German economy hits trade at...
The Suez Canal recently completed one of the most unique transits and the largest of its kind in the 154-year history of the waterway. A missive floating dock being transferred from Singapore to Turkey made its way north on November 7 and 8 after intricate...
Greek shipowners return to lift Russia crude as oil price falls below G7 cap | Former shipping minister calls on...
In a still-evolving financial situation, hydrogen fuel cell pioneer Teco 2030 Is facing a financial collapse after a bankruptcy petition was filed yesterday against the parent company. Earlier it had been reported that its manufacturing subsidiary was facing a bankruptcy petition and demands from the...
Linking technological advancement with environmental responsibility is paving the way for a cleaner, more sustainable future for the maritime industry Related StoriesNew focus on human-centered design in developing class rules will impact crew and competencesIACS’ new focus on the human element will impact crew and competencesA...
