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Ocean Transportation: Page 98

Russian Ship’s Secretive South Africa Stop Prompts U.S. Questions
The visit demonstrates the difficulty for the U.S. and its allies of enforcing sanctions against Moscow.
Photo: iStock.com/IherPhoto
Europe Gas Rebounds as Region Seeks to Ensure LNG Keeps Flowing
While Europe has so far made it through an unprecedented energy crisis that has fueled inflation, much of the winter remains.
Photo: Bloomberg
Ukraine Grain Ship Refloated after Running Aground in Suez Canal
The incident involving the 225-metre Marshall Islands-registered M/V Glory had sparked fears of a repeat of a blockage in 2021.
Suez Canal. Photo: iStock.com/IgorSPb
Xi and Marcos Agree to Boost Ties, Consult on Maritime Issues
The Philippines is seeking loans from Beijing for infrastructure projects and Marcos has called China the country’s strongest partner in pandemic recovery.
Philippines president, Ferdinand Marcos Jr. Photo: Bloomberg
Germany Imports First LNG From the U.S. at New Uniper Terminal
Berlin fast-tracked its first LNG import terminals by renting five floating storage and re-gasification units.
The Hoegh Esperanza FSRU approaches Wilhelmshaven, Germany, on December 15. Photo: Bloomberg
How to Avoid Demurrage, Detention and Storage Charges
Two years of logistics logjams have burdened ocean shippers with costly increases in demurrage, detention and storage fees.
Photo: iStock.com/1933bkk
Insurers End War-Risk Cover for Shipping Across Russia, Ukraine and Belarus
At least 12 of the 13 Protection and Indemnity (P&I) clubs — which cover 90% of the world’s ocean-going ships, including those from the U.K. and the U.S. — said they would no longer be able to provide coverage.
Photo: iStock.com/berean
Making International Logistics Sustainable: The Dry Port Concept
The best approach to encouraging intermodal transportation in the hinterland is through the dry port concept.
Photo: iStock.com/TarikVision
Exxon Is Avoiding Tankers That Previously Transported Russian Oil
Moves by big firms such as Exxon and Shell are increasing the pressure on owners to choose between serving Russian and non-Russian interests.
Photo: Bloomberg
U.S. Container Imports Are Plummeting at Year End
The first reports from gateways on both coasts suggest container imports turned sharply downward last month.
Port Of Charleston Old
Commodity Shippers Nearing Insurance Cliff for Vessels to Russia
If the big reinsurers do ultimately stop covering Russia and Ukraine marine business, shipowners might turn to insurance from Chinese or Turkish firms.
Photo: iStock.com/Konoplytska
Germany Eyes Arrival of First LNG Vessel to Ease Gas Crunch
The ship’s arrival during northwest Europe’s first major cold snap this winter highlights the need for new gas supplies after Russia slashed deliveries in retaliation for the continent’s support for Ukraine.
The Hoegh Esperanza FSRU approaches Wilhelmshaven, Germany, on December 15. Photo: Bloomberg
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