Cruise lines respond to Dorian Cruise lines are reshuffling their schedules as Hurricane Dorian continued to roll towards the Southeast United States. In a weather update released at 8:00 PM (ET) yesterday, Carnival Cruise Lines said that
Austal and Fred. Olsen hone next gen trimarans' environmental creds Australian shipbuilder Austal (ASX: ASB) and long term customer Fred. Olsen, S.A. have partnered on two next generation trimarans with advanced environmental credentials. Starting with the design process, Austal's R&D team used
International merchandise trade is falling Here's a reality check for those who think that world seaborne trade can only keep growing. Figures released by the OECD yesterday show that G20 nations' international merchandise trade, seasonally adjusted and
Ecuadorian Navy corvettes upgraded using Roxtec multi-cable transits Ecuadorian state-owned shipyard ASTINAVE specified Roxtec cable transits instead of cable glands when modernizing the corvettes Manabí and Loja for the Ecuadorian Navy. The change to Roxtec cable transits solved three issues:
Fednav takes delivery of 35,000 dwt ice class bulker Montreal, Quebec, headquartered Fednav Limited yesterday took delivery of the Federal Montreal, its newest Great Lakes-suitable handysize vessel, in a ceremony at Japan's Oshima Shipyard. The Federal Montreal is a 34,500 DWT
East Coast braces for Dorian The U.S. Coast Guard has set Port Condition X-RAY for the entire Atlantic coast of Florida due to the forecast approach of Hurricane Dorian. In addition, Port Condition WHISKEY has been set
EU could extend maritime security trial to Strait of Hormuz Move comes after 17 seafarers were kidnapped from two ships in Cameroonian waters off Douala earlier this month
US claims Adrian Darya is headed to Syria UPDATE: US Secretary of State Mike Pompeo says US has evidence that the Iranian oil tanker at the centre of...
China Merchants Port woos carriers as it faces low growth Managing director Bai Jingtao says the Chinese port giant is in talk with container shipping lines about the latter being...
Houston Ship Channel to start limiting large containership access New laws aimed at preserving two-way traffic in the Houston Ship Channel come into effect at the weekend
Songa takes a slice of scrubber fuel savings with charterers Scrubber clause in charter contracts is designed to share the cost of installations on feederships
Cosco Shipping reshuffles container liner management Yang Zhijian, the general manager of Cosco Shipping's dry bulker business, is to become the new co-chief executive of OOCL...
Hunter Group agrees new sale and leaseback deal The Norwegian VLCC owner ditches deal with shipping banks for new five year sale and leaseback deal with leasing company
Belships expands fleet with two ultramax newbuilds Norwegian dry bulk owner secures seven-year bareboat charters from a Japanese shipyard
Vancouver: Banking on expansion A dispute over rival expansion plans is costing time, money and effort - all of which could be better spent on...
Tokyo: Japan's mega city punches below its weight Surveys of Tokyo's relative status among its peers suggest it ranks lower than it should on a world scale
Singapore: Lion City roars to the top Singapore has its eye set on extending its clout from the physical to virtual - the maritime nation now seeks a...
Shanghai: Hopes for future rest on expanding free trade zone A new round of policy support is creating opportunities for the city to establish its maritime excellence that extends its...
Oslo: Modern maritime capital A leader in technology and a shipping hub, Oslo could become shipping's sustainability capital
New York: Inextricably linked to both maritime and finance While there are no longer ships docked at New York piers the same way as in the past, the city...
Mumbai: Port heads in right direction Indian prime minister Narendra Modi wants to brand Mumbai as a favourable location for international maritime companies by allowing 100%...
London: Legacy of maritime expertise Britannia no longer rules the waves, but London's world-beating cluster of white-collar shipping services leaves the UK capital with fair...
Hong Kong: City's role to be transformed With competitor ports taking volumes, Hong Kong will have to work at projects such as the Greater Bay Area development...
Hamburg: Bowed but not broken With an enviable talent pool, Hamburg is diversifying to ensure it keeps its role as Germany's premier shipping centre
Shipping's 'public face' is more important than ever Progressive companies in the industry understand the importance of building a positive reputation aligned with brand
Dubai: Giant rises from the desert Dubai is firmly on the map as a global tourist and business destination and, while it may currently be playing...
Copenhagen: Traditional but diverse industry looks set for bright future Danes keep their strong maritime traditions alive through collaboration
Athens: Playing a defensive game In one top maritime city survey published earlier this year, Athens loitered in 13th place overall, but was ranked in...
APL ship involved in fatal collision failed to follow safety rules Maintaining an unsuitable speed for the conditions in order to make schedule commitments was among the reasons cited for the...
UK issues emergency port funding ahead of Brexit 'As the UK continues to develop as an outward-facing global trading nation ready for a post-Brexit world, the resilience of our trading...
Daily Briefing Free to read: BDI continues upward momentum | Iran to expedite legal process against seized British tanker | Exclusive interview...
The Lloyd's List Podcast: Ports beyond Brexit As London International Shipping Week approaches, along with the increasing likelihood of a no-deal Brexit, we are joined by UK...
CSSC Shipping in $190m leaseback for Exmar-linked FSRU barge The 2017-built FSRU barge is under a 10-year contract with Cyprus-based trading giant Gunvor
Cosco Shipping Energy Transport expects tanker boom ahead of IMO 2020 CSET believes that the oil tanker industry has entered a new bullish phase
SembMarine wins unique FPSO design FEED contract from UK field operator The cylindrical hull design is touted as a cost-effective alternative to traditional ship-shaped and turret-moored designs
US cyber attack weakened Iran's ability to track and target oil tankers Washington and Tehran have long been involved in an undeclared cyber conflict, a confrontation carefully calibrated to remain in the...
Navios Maritime Holdings sells off management division Navios Maritime Holdings has sold its shipmanagement arm to a company affiliated with chief executive Angeliki Frangou. Navios Acquisition unveils sale-and-leaseback deals for 10 ships N Shipmanagement Acquisition Corp paid $20m for the management division, for which it will be paid $3,700 per day per ship for the next two years. The new ship manager will also extend Navios Maritime Holdings a
US hits out at Taiwanese owners for North Korea dealings A ship, a trio of companies and two Taiwanese nationals have had their US assets blocked
French shipowners cheer Macron's slow steaming support The French shipowners association says slow steaming is a fast, easy and obvious solution
Grounded bulker creates gridlock on Parana A grounded bulker has held up traffic on the Parana River all week. The 82,000-dwt Cassiopeia Ocean (built 2018) ran aground in the river earlier this week southeast of Rosario, sources tell TradeWinds. Cosco bulker runs aground in South America Tugs have been attempting to refloat the ship, but have failed, Francisco Venetucci of law firm Venetucci & Associates, said. He said the issue was exa
Iran to speed up Stena Impero legal process But foreign minister Mohammad Zarif maintains UK committed "sea crimes."
Klaveness in no rush for full listing Oslo-based Klaveness Combined Carriers (KCC) is in no rush to get fully listed on the Stock Exchange, according to chairman Lasse Kristoffersen. The company has been listed on Oslo Axess since May. He said: "We live well with that and the market does so as well. The demand is that we get more shareholders." Klaveness Ship Holding is the largest shareholder with 54%, then EGD Shipholding with 18
Shipping restructuring pays off for Hamburg Commercial Bank Restructured former HSH Nordbank reversed $28m of provisions in first half.
Odfjell continues to seek exit from gas sector Sales have taken longer than expected for Norwegian chemical tanker owner
BW takes two large LPG carriers from Unique Shipping BW LPG has concluded time-charter deals with Unique Shipping extending its charters for two VLGCs. European gas brokers said the Oslo-listed shipowner chartered Unique's 82,000-cbm Berge Nantong (built 2006) for 12 more months and the Berge Ningbo (built 2006) for another 18 more months. BW is now believed to be paying less than $1m per month for each ship. Company CEO Martin Ackermann said he
Iranian VLCC sniffs around Syria in cat-and-mouse game with watchers Iranian VLCC's wanderings in the Mediterranean bring it ever closer to its original destination, Syria
Mitsubishi wins double ferry order Mitsubishi Heavy Industries is set to conclude an order for two ro-ro ferry newbuildings from local Japanese ferry consortium SHK Line Group. The ships will go into service on a new route planned by the group from 2021. The new route will run between Yokosuka in Kanagawa prefecture to the Japanese island of Kyushu. Order-starved Mitsubishi to build Navios VLCC contracted at Imabari The vessels
Golar working FSRU project duo for Brazil as it readies Sergipe Low global gas prices make fuel switch conversation with consumers "compelling", says chief executive Iain Ross
LNG fuel the focus as Sovcomflot eyes fleet renewal CFO Nikolay Kolesnikov outlines the case for gas power over scrubbers.
NYK confirms LNG carrier order for Total charter Japanese owner says long-term deal will start on delivery from Samsung in 2021.
ESL buys bulker from SEB Leasing Finnish owner expands fleet again in deal relating to 2011 lease agreement.
Belships charters in Japanese newbuildings Norwegian owner expands fleet again with seven-year bareboat deal.
Songa Container pioneers profit-sharing scrubber clause Arne Blystad company aiming to boost attractiveness of its fleet and bring other players on board.
Uljanik Plovidba renaming to avoid 'wrong associations' Croatian tanker and bulker owner wants to emphasise separateness from bankrupt shipbuilder Uljanik Group.
MPCC draws down cash for scrubber retrofits Oslo-listed containership owner banks $13m for refinancing and yard work for two ships.
Hunter open to more VLCC sales as fleet leaseback deal agreed Buyer prepared to take first two VLCCs in series at $98m each - the highest price for a resale since 2015
Intercargo urges "extreme caution" over nickel ore cargoes in wake of Nur Allya loss Trade association said it is "frustrated" by a lack of action to eliminate cargo liquefaction threat
Golden Ocean capesize caught up in cocaine bust Fredriksen company confirms seizure of class A drugs in South Korea.
Sembcorp Marine seals FEED deal for Cambo cylindrical FPSO Shell-backed project opts for Singapore yard group to develop floater design solution
Mack Defense submits armored heavy dump truck for U.S. Army testing The U.S. Army is conducting live-fire testing on an armored heavy-duty dump truck from Mack Defense, the first of up to 683 trucks included in...
Down Under Trucking: a submerged stinky truck and a call for humane treatment of truckers A sewage truck met a watery end in New South Wales; regulators in NSW have improved port access; National Transport Commission overhauls assurance framework; ATA...
Why 2019 has been the worst year for trucking operators 2019 has been more challenging for trucking companies than any other non-recession year. Here is why.
FMC allows Puerto Rico terminals to combine Two San Juan, Puerto Rico container terminals can merge but will be subject to additional scrutiny by the Federal Maritime Commission.
Updated forecasts suggest Hurricane Dorian could slam Port of Savannah Both retailers and FEMA are taking a wait-and-see approach to the storm at this time.
Diesel barges in ARA firm to 3-month high amid lower Primorsk exports The premium of ultra-low sulfur diesel barges over the ICE low sulfur gasoil futures in the Amsterdam-Rotterdam-Antwerp region strengthened to a three-month high Thursday amid a lower export program from the Russian Baltic port of Primorsk.
US Treasury sanctions Taiwan, Hong Kong shippers for North Korean fuel transfers The US Department of the Treasury expanded North Korean sanctions Friday to include three individuals, three companies and an oil tanker accused of facilitating banned ship-to-ship refined product transfers.
PetroChina to keep investing in refining despite thin margins: executive PetroChina, the upstream-focused oil giant, will continue to invest in refining segment despite narrower margin, increasing overcapacity and intensive competition, a company executive said on late Thursday.
DUBAI FUTURES: Sour crude stalls ahead of new Oct trade cycle, US-China talks Benchmark Dubai crude futures' spreads were largely unchanged in mid-morning trading in Asia on Friday, at the close of the October cycle on the last trading day of August, and as market participants kept a close watch on developments for the US-China trade talks.
ARA fuel oil stocks rise on week on slow exports east Bunker suppliers at Rotterdam reported weak demand, with traders saying this in turn was weighing on fuel oil demand.
FUTURES 5: Crude, products settle lower on demand growth concerns Crude and refined products futures were bearish Friday, pulled lower by renewed concerns of lower demand.
Tug of war for Algerian LSSR ahead of IMO 2020 Algerian low sulfur straight run fuel oil has been drawing even more attention of late ahead of the introduction of a lower sulfur cap on marine fuel globally from January 1.
0.5% S MARINE FUEL SUPPLY ROUNDUP: Hellenic eyes first delivery in Nov'19 Greek refiner Hellenic is targeting November for first supplies of IMO 2020 compliant bunker fuel.
Bunker market prepares for Hurricane Dorian in Florida: sources Marine fuel activity is expected to be affected in Florida as Hurricane Dorian's trajectory narrowed in on the region, market participants said Friday.
Singapore bunker fuel premium over Piraeus hits record high When the Singapore assessment is at a premium to the Piraeus assessment it usually heralds higher demand at the Mediterranean port.
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