VIDEO: Boka Vanguard transports Carnival Vista to Grand Bahama Shipyard Royal Boskalis Westminster N.V. (Boskalis) has successfully loaded the 3,394 passenger cruise ship Carnival Vista on its semi-submersible heavy lift vessel Boka Vanguard and transported it to Grand Bahama Shipyard in Freeport,
Fincantieri Marinette Marine names retired admiral as president The Board of Directors of Fincantieri Marinette Marine Corporation named retired Navy three-star admiral Richard W. Hunt as the president of the shipyard at its annual board last week. "This move is
First towboat involved in multiple sinking pulled from river Some more details have now emerged about the triple towboat sinking near Hardin, Ill. that occurred July 5 after a moored deck barge to which the three were tied started taking on
ABS and MOL ink gas carrier MOU ABS and Mitsui O.S.K. Lines Ltd. (MOL) have signed a Memorandum of Understanding (MOU) to collaborate on up to 14 new gas carriers. The agreement covers seven new-build Very Large Ethane Carriers
Van Oord orders third dredge at Keppel FELS Rotterdam headquartered Van Oord has exercised an option to build a third trailing suction hopper dredge at Singapore's Keppel FELS shipyard. Like two dredges ordered from Keppel Offshore & Marine by Van
Austal says ferry orders boost earnings outlook Australian shipbuilder Austal Limited (ASX:ASB) is raising its earnings outlook, based on its healthy backlog of commercial ferry orders. Following preparation of its preliminary FY2019 results and its outlook for FY2020. Austal
Philly Shipyard wins first ship repair contract In its latest quarterly report released today, Philly Shipyard reports that currently, there is no shipbuilding or repair activity at the shipyard and all production facilities are idle and both graving docks
Gulf Coast assesses aftermath of Barry Flood warning remained in effect in some areas this morning as the remnants of what is now Tropical Depression Barry left the Gulf Coast area, but left trailing rain bands that drenched
Britain to send third warship to protect shipping in Gulf Britain will send a third warship and a military tanker to the Gulf as Iran's supreme leader threatened the UK...
Hapag-Lloyd and ONE expand African ocean freight connections New Middle East-India-Africa Express service part of plan to integrate growing African market more tightly into global networks
British-flagged ships exit Gulf amid Iranian threats Commercial shipping interests in the UK are working with the Ministry of Defence to defuse escalating tension in the Middle...
Between the Lines: Alliance reshuffle to shake up transpacific With roughly half of US imports from China now subject to a 25% tariff, and almost the entirety of Chinese...
US 'shooting from hip' on Iran sanctions, says IG head 'There are more curveballs, but we are there to engage with governments on behalf of owners, to make sure there...
Trafigura scraps third-party arrangements The decision comes months after Brazilian authorities began probing trading houses
Lack of standardisation hampering port automation Various equipment and IT systems that constitute the automated terminals are unable to exchange information in a meaningful and efficient...
Fuel prices take another volatile turn Ready demand in Rotterdam is discouraging suppliers from bringing cargoes to Singapore
Turkish cargo ship crew abducted off Nigeria A Turkish-flagged general cargo vessel was attacked this past weekend
MSC secures bail release of vessel seized by US in drugs raid But the ship remains subject to possible forfeiture if the investigation links senior crew members with the cocaine haul
Odfjell sells Chinese terminal stake to Yangzijiang Shipbuilding Odfjell sells 55% share in Jiangyin terminal for around $46m and expects $21m gain
Legal bid to block release of Iranian tanker 'It is a judgment against the government of Iran, and it would appear that the government of Iran own at...
Keppel seals contracts worth $96m The contracts are the third orders of the vessel types for each of the clients respectively
Inmarsat deal facing competition review UK competition authority will investigate if private takeover harms competition
Bunker costs to rise by half on Asia-Europe trades Bunker adjustment factor calculator shows bunker costs rising to $81 per teu on some trades
Daily Briefing Venezuela mimics Iranian sanction-evasion tactics | Cosco Shipping may join digital standardisation group | UK prepared to released Grace 1...
Enesel behind suezmax brace at Samsung Orders bring Greek group's tanker order book to nine vessels
Total awards initial design contract for Oman LNG Bunkering project Total first signed a Memorandum of Understanding with Oman to develop natural gas resources and an LNG bunkering service ...
China LNG demand to slow on trade spat with the US Economists have slashed China's economic growth projection following another round of US tariffs on Chinese goods. This will not bode...
Blackstone & Gold aims to be a disrupter of corporate hierarchy New player launches as Singapore's first commodities and energy law firm
DSME takes slow and silent approach to Solidus LNG system Yard readies and refines LNG cargo containment design for future projects
Notorious disaster ferry Norman Atlantic reaches end of the road Controversial ropax wreck heads to Turkey for recycling after nearly five years sitting in Italian port
Gunvor sues Torm, Valero over bad cargo Commodities trader Gunvor has sued Torm and Valero, accusing the duo of bringing it damaged cargo, costing it at least $1.65m. The lawsuit, filed last Friday in Houston federal court, says Gunvor bought 300,000 barrels of naphtha from the Texas oil company and enlisted the 49,757-dwt Torm Thunder (built 2015) to deliver it last autumn. Lawsuit claims Valero may have provided defective fuel to mo
Nakilat brings in Al Jazeera to polish image On Watch: TradeWinds' weekly column taking a sideways look at shipping news
Investigators struggle to deliver incident probes to IMO deadline German accident investigator outlines how complex probes are putting a strain on resources
Volatile bunker prices contribute to capesize rate hike Period rates for bulkers are still holding firm, showing the strength of the market
Seven Islands adding five more tankers Prem Watsa-backed company still expanding after Torm and Sovcomflot deals
Downing extends summer sell-down of Braemar Shipping Services stock Downing has extending a summer sell-down of its holding in London-listed Braemar Shipping Services. The UK investor was Braemar's leading shareholder at the start of this financial year in March but has now sold over half of that position. Downing dials down holding in Braemar Shipping Services A fresh filing today showed Downing to hold just 894,455 shares in the company. Its reduced 2.85% st
Pirates seize 10 seafarers from cargoship Turkish vessel Paksoy-1 boarded off West Africa.
Tsakos Energy Navigation tanker heads for Total charter Total is being named as the charterer of a Tsakos Energy Navigation suezmax tanker which is switching from the spot market to period business. Enesel adds to crude tanker drive with suezmax duo at Samsung Heavy Industries Tsakos Energy Navigation strikes three-year suezmax tanker charter New York-listed TEN announced last week a 36-month deal worth $23m in revenue, without revealing further d
Cosco Shipping Development keeps $1.3bn private issue alive Cosco Shipping Development (CSD), the financing arm of Chinese state conglomerate China Cosco Shipping, is keeping its long-awaited CNY 8.6bn ($1.25bn) private issue alive. According to exchange filings, CSD has been exchanging opinions with China Securities Regulatory Commission lately over the issue of A-shares that will be listed on the Shanghai Stock Exchange. Cosco posts weaker 2018 results
Petrobras charters 10 product tankers in one fell swoop Union Maritime, Eastern Pacific and a trio of Greek owners among those to secure MR business in Brazil
Iran 'assisting' missing Iraqi tanker Foreign ministry says Riah encountered technical problem in Gulf.
James Fisher buys tanker and wins deals for finding old bombs The handysize tanker will be used to fulfill a five-year Royal Navy bunkering contract.
Trafigura calls time on third-party deals Trader and shipowner will continue to use shipping agents, but there will be no new business development agreements.
Bob Burke's Ridgebury Tankers lines up $82m suezmax swoop Bob Burke's Ridgebury Tankers is lining up the purchase of four suezmax tankers hot on the heels of a successful VLCC asset play, market sources say. Ridgebury is plotting the potential $82m move for four ships managed by Konig, TradeWinds understands. It would mark Ridgebury's first purchase this year and its first suezmax acquisition since 2016. Market sources say Ridgebury is seeking capita
Danish OSV owner files for bankruptcy Blue Star Line says cancelled charters proved the last straw.
Mercator stretches $16m bond repayment date Restructuring Indian owner amends terms of issue, but will pay more interest.
Odfjell sells terminal to Yangzijiang Shipbuilding for $46m Norwegian tanker owner "tags along" as partner LG offloads port interests.
If you want to play it safe, real change must come from the top Senior management need to demonstrate a personal commitment and lay out a clear vision
Philly Shipyard remains idle as cash burn goes on US shipbuilder still seeking new orders as it keeps on 80 staff
LNG trading platform Spark Commodities prepares for launch LNG trading platform Spark Commodities has moved into testing phase and is gearing up to go live. Backed by data intelligence company Kpler and EEX Group-controlled Powernext, Singapore-based Spark is aiming to apply technology to the LNG market so players are able to hedge their freight rates. First Baltic Exchange LNG index to go live next week Spark managing director Tim Mendelssohn, who for
Shipowners offer in on Shell LNG bunker vessel newbuilding Offers are now in from parties interested in providing energy major Shell with an LNG bunker vessel (LNGBV) newbuilding. Total and Shell float tenders for large LNG bunker vessels Those following the business said that, because the requirement is essentially a new design of about 18,000 cbm, some of the bidders needed more time to prepare. That led to the deadline being extended from 28 June to
Embattled Zolotas wins rare court victory in Cyprus Ex-NewLead chief to call for money-laundering charges to be dropped as local judges cancel 2016 arrest warrant
Vroon seals three-year charter extension Dutch owner Vroon has clinched a three-year charter extension for an anchor-handler in Thailand. The 65-bp VOS Ares (built 2012) has been kept on by PTTEP, it said. This commits the ship until at least June 2022. The unit operates as a production-support vessel, forming part of PTTEP's core fleet. It has "performed well for PTTEP in the Bongkot field since October 2018," Vroon said. "The ex
Boskalis heavylifter hoists Carnival Vista from Caribbean Dutch contractor's vessel completes loading operation in 12 hour non-stop operation
Israeli group tries to block Grace 1 release Activist organisation goes to court in Gibraltar seeking damages for alleged Iranian terrorist acts.
Veronica continues to impact Rio Tinto iron ore cargoes Shipments by Australian mining giant disrupted for the second consecutive quarter.
Forty passengers rescued from grounded Singapore ferry Accident involving high speed vessel said to have been caused by heavy rain and bad weather.
MSC Gayane allowed to sail Ship arrested after record cocaine bust is released after $10 million in cash and $40 million surety bond are posted.
CBP making gains on fentanyl trafficking A House subcommittee told Tuesday CBP fentanyl seizures thus far in FY19 equal all of FY18.
Commentary: Understanding railroads' earnings How to read the Class I railroads' second-quarter earnings reports and what questions to ask.
Bridge work to cut border wait times Laredo Mayor Pete Saenz highlights improvements being made to the World Trade Bridge at the Texas-Mexico border.
Manufacturers push for USMCA passage "The certainty that comes from having USMCA in place will allow us to continue to invest in manufacturing in the United States with confidence," says General Motors CEO Mary Barra.
CAI controls destiny with logistics business After 38% growth in 2018, the company says it is optimistic about continued expansion.
Canadian forwarders prepare to go paperless Canada's freight forwarders are working with the Canada Border Services Agency to test the processes for the country's new paperless export reporting system, which is scheduled to become the only way to file this information by June 1, 2020.
Brazil's Enauta applies for license to expand Atlanta field: IBAMA Brazilian independent oil and natural gas producer Enauta has applied for an environmental license for full development of the Atlanta field, where drilling to boost output from an early production system is currently underway, according to documents obtained from federal environment regulator IBAMA.
FUTURES 6: Oil settles lower amid signs of US-Iran rapprochement Oil futures settled sharply lower Tuesday after White House statements pointed to a potential thaw in Middle East tensions.
External: Global Risk Management
Russian investors plan $4 billion refinery in Zambia The unnamed investors seek to invest $2.5 billion in the new facility near Ndola, with construction of the plant starting within the next six months.
US July middle distillate deliveries to Europe at 1.13 mil mt: cFlow Only two vessels left the US Gulf Coast for Europe in the past week, according to cFlow.
Key infrastructure in US Gulf Coast reopens as storm Barry weakens Tropical Depression Barry "is fading as a tropical system" into what the National Weather Service calls a "remnant low".
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