Gulf Coast braces for Barry As Tropical Storm Barry churned through the Gulf of Mexico, offshore oil and gas operators in the Gulf of Mexico evacuated platforms and rigs in response - and ion shore worries mounted
VIDEO: Coast Guard in dramatic narco sub take down The Coast Guard has released dramatic video of a June 18 incident in which crew members of the U.S. Coast Guard Cutter Munro (WMSL 755) boarded a narco sub while operating in
Armstrong Marine delivers landing craft to Chenega community Port Angeles, Wash., based Armstrong Marine USA has delivered the 46' x 15' high-tunnel catamaran OMC was recently delivered to the native Chenega community in Chinega Bay, Alaska, after successful launch and
Schottel and Ulstein make automation and digitalization move Schottel and Ulstein are cooperating on maritime automation and digitalization. Spay/Rhine, Germany, based propulsion and steering specialist is taking a 50% stake in former Ulstein subsidiary, Ulstein Blue CTRL, which will continue
Frequent bridge warnings are causing "alarm fatigue" Frequently sounding bridge warnings, especially false ones, can create "alarm fatigue" and hinder watch keepers in carrying out their vital role. That is a key finding of a new survey supported by
VIDEO: Belle Chasse opts for Volvo Penta for launch repowers Harahan, La., headquartered Belle Chasse Marine Transportation, the largest launch service on the Lower Mississippi, puts a lot of hours on its fleet of crew and supply boats, which run day and
Threat from digital forwarders exaggerated Freight forwarding sector is ready and willing to adapt to the challenges of a digitalised industry
Industry leaders required. Apply here The deadlines for Lloyd's List Awards are closing soon - get your entries in and prove that your company is leading...
Ruling could give time charter owners wriggle room on maintenance of class 'What has been clarified is that if you fail to fulfil the obligation and there is no serious damage caused...
Capesize gains spread to other segments The capesize segment, which has the highest weighting in the BDI at 40%, has soared to the most since December...
Tanger Med volumes to grow by 1m teu a year With the first phase of its new berth open for business, Tanger Med is setting its eyes on becoming one...
Warning over end-to-end integration Drewry's managing director Tim Power argues that port and terminal operators should avoid the risky path towards turning themselves into...
CargoSmart's GSBN settles on service agreements with industry leaders The GSBN is being billed as a not-for-profit joint venture to accelerate the digital transformation of the shipping industry, but...
Samskip names Kari-Pekka Laaksonen as chief executive Former Containerships chief executive moves to Netherlands-based multimodal operator
UK shipping emissions plan is an era-defining moment The Clean Maritime Plan will be the UK's route map to clean growth for the maritime sector and pathway to...
Maritime safety in focus amid Iran threats The UK is sending a second warship to the Gulf amid rising tensions with Iran. HMS Duncan is heading to the...
The more focused a collaboration, the more it is likely to succeed An admission by the President of Oshima Shipbuilding that his company could not have come up with an innovative ultramax...
Daily Briefing Gulf tensions rise over threat to shipping | UK targets post-2025 newbuilds to be zero-emissions capable | Viewpoint: Reducing risk...
Höegh FSRU wins Cheniere charter With this latest contract secured for H'egh Galleon, Höegh LNG's fleet will be fully employed from this September, says chief executive officer...
The Lloyd's List Podcast: The industry's growing 'to do' list Guy Platten, secretary-general of the International Chamber of Shipping, joins the Lloyd's List Podcast this week to talk us through...
The Interview: Jan Rindbo Rindbo, who has been in shipping for 25 years, has been leading the Danish dry bulk and tanker company Norden...
Keeping marine pilots safe The close of Seafarers Awareness Week is an opportunity to raise awareness around the dangers pilots face every day of...
Total firms up investment and seals LNG offtake from Driftwood LNG Driftwood LNG developer Tellurian expects its portfolio to attract $907m of investments from Total
US warns China to abide by Iran sanctions If secondary sanctions are imposed, they would place blocking sanctions on anyone that deals with Iran as well as foreign financial...
LA commissioners reaffirm approval of APMT automation plan The council majority was unmoved by the pleas for consideration of the adverse economic impacts of the planned automation
BHP seeks LNG-fuelled transport for iron ore cargoes 'While LNG may not be the sustainable homogenous fuel of choice for a zero-carbon future, we are not prepared to...
DSME signs tie-up deal on engine digitalisation with MAN and HSD Engine The partnership will cover all aspects of marine engine digitalisation
Hyundai Samho picks up twin LNG-fuelled capesize bulker orders from H-Line The latest order brings the number of LNG-fuelled vessels in South Korea to seven as owners eye solutions to meet...
Royal Navy expected to escort another MOL-owned VLCC Kpler predicts the Isle of Man-flagged Atlantic Pioneer will be escorted by HMS Montrose through the Strait of Hormuz
Baltic Dry Index at highest level in over half a decade The Baltic Dry Index (BDI) is at the highest level seen in over five and a half years. The Baltic Exchange today assessed the index at 1,865 points, a 49-point increase on Thursday's level and its highest point since January 2014. Capesize spot market corrects itself after huge growth The index has rallied by 785 points over the past 30 days. Its progress has been almost non-stop since since
Kjell Inge Rokke's Ocean Yield faces dividend dilemma around idle FPSO Kjell Inge Rokke's Ocean Yield could be forced to cut back its dividend if it is unable to find employment or a buyer for its only FPSO. Uncertainty has surrounded the unit since Reliance released the 214,266-cbm Dhirubhai-1 (built 1979) last year and fresh firm work from within Rokke's empire or outside has yet to materialize. Ocean Yield in market for deals despite FPSO woes Ocean Yield FPSO
Cargill profit falls 67% in fourth quarter Trading and chartering giant hit by "very challenging" global environment.
Tanker officer jailed for Shell oil theft Dang Van Hanh receives two and a half year term for crimes in Singapore.
Navios Maritime Containers names new finance chief after Christopoulos quits Erifili Tsironi has joined Navios Maritime Containers as its chief financial officer, replacing Chris Christopoulos, who has left the company. Navios Containers refinances as profit dwindles Tsironi joins from sister company Navios Maritime Acquisition, where she has been co-chief financial officer since December 2018. Before that, she was chief financial officer of Navios Maritime Midstream P
Valles Steamship sells aframax a month after boosting tanker orderbook Koo family shipowning company Valles Steamship has sold one of its older tankers, brokers believe. Valles Steamship takes up aframax newbuilding option Japanese VLCC sale promises latest positive asset price point It comes with the Chinese owner having just added to its aframax orderbook in Japan and suggests prices in the sector are failing to keep pace with escalating VLCC values. Sales spec
Two officers found dead on Greek LPG carrier Gas Aegean called in Sri Lanka after deaths of Russian and Ukrainian discovered.
Piraeus Bank mulls Asian financing partnership Greece's Piraeus Bank, a commercial lender that also has shipping loans, said on Friday it is exploring a partnership with an unnamed financing house in the Far East to jointly provide maritime credit to Hellenic clients. "Piraeus Bank announces that it is exploring a potential strategic partnership opportunity with a major Asian Pacific financial conglomerate operating globally, to provide finan
Petredec revealed as seller of four LPG carriers to Epic Gas Petredec has emerged as the seller of four LPG vessels to BW-backed Epic Gas. Epic Gas plots purchase of larger vessels backed by BW Group 'halo' effect The acquisition of the 11,000-cbm pressurised vessels Kahyasi and Kris Kin (both built 2015) has now been completed, Epic said on Friday. Completion of the deals for the other two ships, the 11,000-cbm Kingcraft and Kisber (both built 2015),
Union Maritime grows crude tanker fleet with Cosco order Laurent Cadji's Union Maritime has boosted its crude tanker fleet with an aframax order in China. Marinakis and Union Maritime splitting BP Shipping aframaxes Play on supramax to reap $13.3m for Union Maritime It has placed two firm vessels at 113,000-dwt tankers Cosco Shipping Heavy Industry Zhoushan with options for two more. The move continues Union's expansion in the aframax market, which
Second Grace 1 officer arrested as probe continues Gibraltar's chief minister says captain and first mate being questioned at police HQ.
Richard Fulford-Smith's Affinity sees profit spike helped by 'quite a few' LNG orders Shipbroker's top executive head has seen his wages double
Zuyderzee adds former DVB shipping head Michiel Steeman Dutch shipping investment advisor also recruits ABN Amro's Caspar van Overklift.
Iran renews call for Grace 1 release Foreign ministry also warns overseas powers to leave Gulf region.
Kari-Pekka Laaksonen returns as CEO of Samskip Former Containerships supremo to head rival boxship operation.
MOL reveals terms of $186m green bonds Japanese owner paying interest of up to 0.49% for "sustainability" notes.
Hoegh LNG inks debut Cheniere deal for latest newbuilding Hoegh LNG has inked a contract for its latest FSRU newbuilding which will keep the unit employed until it starts a long-term deal off Australia. Avenir LNG confident of newbuild charter despite being a reluctant shipowner LNG shipowners highlight long-term prospects amid spot volatility Cheniere has fixed the 170,000-cbm Hoegh Galleon in what marks the first firm contract between the two compan
Nippon Maru to undergo major makeover Mitsui OSK plans to turn veteran cruiseship into eco-friendly vessel
GEV hunts Brazilian business for newbuildings Australia's Global Energy Ventures is looking to tap into the Brazilian market for its compressed natural gas (CNG) newbuildings. The company has lined up an order for up to eight new CNG vessels worth $1.12bn at China's CIMC raffles yard. Big CNG carrier deal just the start for GEV Jensen and Clarksons team up on $1.2bn order for pioneering gas ships It is now working with Brazilian consultan
2020 Bulkers seals Koch charters for newbuilds Norwegian shipowner's newbuildings secure work for up to 36 months
Triton Marine sends Panamax bulker to the beach Scrap sale ends Dubai-based shipowner's brief foray into dry-bulk
US gets tough on China over Iranian crude imports Sanctions threatened as Trump administration vows to use maximum pressure to end all Iranian crude exports
Merit of US pushback against China debated Trade experts tackled the bilateral trade war, which has lasted for more than a year, during a panel discussion Wednesday.
APMT again wins LA automation project OK Largest marine terminal in North America gets another vote of approval for new cargo-handling equipment at Pier 400.
Inside Caribbean 'transshipment triangle' Ocean shipping lines and terminal operators are fighting for customers among shifting alliances and razor-thin profit margins.
Long Beach falls short of all-time record June 2018 was the busiest month in the port's 108-year history.
Commentary: Vessel forfeiture Issues for carriers involved in U.S. drug trafficking or other criminal investigations outlined.
CBP seizes counterfeit speakers in Philadelphia The fake Edison Professional speakers, with a manufacturer's suggested retail value of $253,572, originated in China and will be destroyed.
Tropical Storm Barry halts bunkering operations in New Orleans: sources Marine fuel bunkering operations in the port of New Orleans were heard coming to a halt Friday.
European fuel oil stocks drop in June on supply constraints: IEA Fuel oil stocks in European members of the Organization for Economic Co-operation and Development dropped by 1.8 million barrels year on year in June.
Fujairah bunker demand recovers on widening price discount to Singapore July bunker demand is seeing a slight recovery in Fujairah, owing to more competitive prices compared to other key ports such as Singapore.
ARA fuel oil stocks fall 14% to 1.04 mil mt on tight availability Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp trading hub dropped 14% to 1.038 million mt in the week to Wednesday.
External: Global Risk Management
CRUDE MOC RESEND: Middle East complex rallies amidst renewed demand for cargoes "Not sure why [Oman rallied] -- I didn't see any bid," said a buyer for a Chinese refinery on Thursday.
FACTBOX: Persian Gulf tensions raise stakes for oil, shipping markets On Thursday, UK's Ministry of Defence said three Iranian vessels 'attempted to impede the passage' of the British Heritage as it exited the Gulf.
TANKERS: Americas tanker markets see halt to operations, delays as Tropical Storm Barry nears USGC "I think there will be some delays. It's part of the reason we're a bit quiet I think," a shipowner said.
Austria's OMV to sell new 0.5% marine fuel from Q4 "Our new VLSFO will be produced in our Schwechat and Petrobrazi refineries," OMV said.
Phillips 66 shutting in Alliance refinery ahead of Tropical Storm Barry: company "The Phillips 66 Alliance Refinery is preparing a safe and orderly shutdown of the facility," said Phillips 66 spokesman Dennis Nuss.
Shipper Scorpio Bulkers orders nine new scrubbers The purchase comes on top of the 28 scrubbers already on order by Scorpio Bulkers, as announced December 2018.
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