Marinette and Vigor deliver two more RB-Ms to Jordan Shipbuilders Fincantieri Marinette Marine and Vigor (Team RB-M) have of two additional Response Boat-Mediums (RB-Ms) to the U.S. Coast Guard. These boats are part of an approved foreign military sale to Jordan
Ørsted U.S. Offshore Wind names Ed LeBlanc Manager of Marine Affairs Ørsted U.S. Offshore Wind reports that it has hired former U.S. Coast Guard (USCG) officer Ed LeBlanc as Manager of Marine Affairs. LeBlanc has over 40 years of experience in the USCG,
Detyens wins $21.3 million MSC contract Detyens Shipyards Inc., North Charleston, S.C., has been awarded a $21,316,067 contract for a 75-calendar day shipyard availability for the regular overhaul and drydocking of USNS Sacagawea (T-AKE 2). The contract includes
Jumbo and GoodFuels to take sustainable bio-fuel oil to the offshore support market Schiedam, Netherlands, based heavy lift shipping and offshore transportation and installation contractor Jumbo, and the commercial, sustainable marine biofuel company GoodFuels, have announced a joint initiative to test marine bio-fuel oil on
Diamond S starts fleet renewal efforts with sale of two vessels Greenwich, Conn., headquartered Diamond S Shipping Inc. (NYSE: DSSI) reports that it has agreed to sell two of its 2008-built medium-range product carriers, the Atlantic Aquarius and Atlantic Leo, as part of
Campbell Johnston Clark opens in Miami and appoints Neil Bayer as partner London-headquartered shipping law firm Campbell Johnston Clark (CJC) is opening a Miami office after appointing Florida-based litigator Neil Bayer as a partner. Bayer will head a team focusing on marine claims, with
Seabulk ATB makes first methanol delivery Seabulk Tankers, Inc. a subsidiary of SEACOR Holdings Inc. (NYSE: CKH), today reported the successful delivery of its first methanol parcel chemical shipment aboard the articulated tug-barge (ATB) Sea-Power/Sea-Chem I. The Sea-Power/Sea-Chem
New Orleans RTA ferries nearer to gaining COIs Two new ferries delivered the New Orleans Regional Transit Authority last year (see earlier story) may now be on track to gain the Coast Guard Certificates of Inspection (COI) required before they
Virginia Pilots order ninth Gladding-Hearn launch The Virginia Pilot Association has ordered a Chesapeake Class launch from Gladding-Hearn Shipbuilding, Somerset, Mass. The vessel will be the association's ninth pilot boat built by the shipyard since 1983. Since the
Iran warns US not to seize freed tanker headed towards Greece Tehran warns any attempt by the US to seize the Adrian Darya 1 - formerly Grace 1 - again will...
Cosmoship and MC-Schiffahrt express concern over Cameroon attacks Another vessel attacked a few hours earlier has been identified as the Antigua- and Barbuda-flagged multipurpose vessel MarMalaita
Economou clinches DryShips acquisition deal George Economou is likely to pay about $76m to acquire all of the remaining DryShips shares
OCIMF facing substantial damages in unfair dismissal case 'I have reached the firm conclusion that the process which led to the removal of Captain Rashid's accreditation was deeply...
One too many variables in maritime sustainability reporting Ship finance is not for the faint-hearted - this is one reality investors have to live with, even if they have...
Daily Briefing Iranian tanker leaves Gibraltar after US legal move is rejected | Seized UK tanker likely 'spoofed' by Iran | The...
Seventeen seafarers kidnapped in Gulf of Guinea attacks on two vessels The latest attacks come just a week after a liquefied petroleum gas tanker was fired upon by a gang in...
Finalists announced for Lloyd's List Asia Pacific Awards Winners will be announced at the Lloyd's List Asia Pacific Awards ceremony in Singapore's Shangri-La Hotel
World's largest boxship completes first Asia-Europe leg MSC says larger containerships help it meet its environmental commitments and lower carbon emission per teu
Diamond S disposes of two 2008-built MR tankers Update: D'Amico International Shipping of Italy also sheds product tanker from a joint venture
Samsung Heavy wins $621m 10-vessel aframax order The yard group has also signed a Memorandum of Understanding with MAN-ES to collaborate on remote engine diagnosis and control...
Iranian tanker leaves Gibraltar after US legal move is rejected LATEST: Oil tanker Grace 1, which has been renamed Adrian Darya 1, is moving east into the Mediterranean and is...
Norden and Enviva collaborate to boost US exports of wood pellets 'Enviva is the world's largest producer of wood pellets and we are proud that they have trusted us to deliver...
Long Beach picks HDR to design rail facility The expansion and reconfiguration of the existing Pier B railyard will create a staging area for loading freight trains nearly...
Golden Ocean buys back more shares Golden Ocean Group now holds 770,000 of its own shares. The Oslo- and New York-traded bulker owner announced Monday that it had bought back 25,000 shares at $5.50 (NOK 49.31) from the Oslo Stock Exchange. Golden Ocean swells dividend despite loss on derivatives bet It was the first buyback since late June, when Golden Ocean repurchased 50,000 shares at $5.01. The company announced its share bu
Siem Industries earmarks Subsea 7 share options Siem Industries is poised to grow its stake in Subsea 7 by up to 19% by mid-2021, after putting an over-the-counter option structure in place. Subsea 7 banking up to $150m from Orsted deal If the group exercises all its options, its stake in the Oslo-listed OSV and subsea contracting group will increase to 28.5% or 85.4 million shares in total. The put-and-call option structure consists of 10 s
K Line points finger at BW for Houston Ship Channel spill Thousands of barrels of reformate spilled in the 10 May crash, sinking a Kirby barge
DryShips stays up 35% on plan to go private through merger Revised merger agreement which values company at $456m has been unanimously approved by the special committee of DryShips' directors.
VLCC rates surge with Middle East fixing activity unfazed by Shaybah attacks Tanker markets are supported by the end of refinery maintenance season and IMO 2020 factors
Lauritzen Bulkers trims owned fleet further Denmark's Lauritzen Bulkers has taken another step to trim its fleet of owned vessels. US and European shipbrokers said the bulker operator disposed of the 31,000-dwt Hedvig Bulker (built 2011). The reports suggested that Taylor Maritime has paid $10.3m for the Hakodote Shipyard-built vessel. Lauritzen Bulkers director Jens Sondergaard director said: "We don't comment on rumours." Hong Kong-h
Fifth generation take top spots to shape Tschudi's fortunes Children of Felix Tschudi take key roles at tradition-rich Norwegian shipowner
Chinese lessors own very largest boxships but sizes still unclear Two leasing houses have emerged as owners of MSC's initial record-breaking boxships
Maritime & Merchant Bank says investors should expect the unexpected in shipping Investors are showing a 'distinct' interest in shipping, the Oslo-based bank said
Scotland nationalizes Ferguson yard to finish LNG ferries Scottish government rescues last private yard on the Clyde to complete costly LNG ferry contract
Shell confirms tie-up with Sinokor on LNG-fuelled aframax tanker haul Energy major also signs up to JP Morgan newbuilding quartet as part of its 'drive to decarbonise shipping'
Braemar revives Wavespec name to rebrand engineering arm Welcome back Wavespec. Braemar Shipping Services announced on Monday it was rebranding its engineering division as Braemar Wavespec, reviving the name after seven years. "With the recent disposal of our other businesses within Braemar technical division to Aqualis to form AqualisBraemar, the remaining part of our technical division, engineering and naval architecture continues as an integral part
Seventeen crew kidnapped from Greek and German ships off Cameroon Hamburg-based owner said it has assembled an emergency response team
Diamond S Shipping offloads two MRs as part of fleet renewal Craig Stevenson-led shipowner said disposals will generate liquidity of about $12m in total
Blaze hits Avenir LNG newbuilding in China No casualties reported as blaze destroys LNG tank insulation
d'Amico continues focus on youth as 10-year-old MR sold Italian shipowner confirms disposal of product tanker jointly-owned with trader Glencore.
Renamed Grace 1 sails from Gibraltar after last ditch US arrest effort The VLCC is now sailing to Kalamata, Greece for arrival on 25 August
Excess tonnage supply keeps aframax rates depressed Falling bunker prices and resumption of output at Libya's largest oilfield do little to offset weakness
Jakarta's protectionism raises alarm for free and fair shipping Indonesia has belatedly opted out of IMO 2020 and is ramping up other policies designed to give preferential treatment to its domestic shipping industry
PORT REPORT: Liquefied natural gas import terminal gets official green light at world's biggest coal port The world's biggest coal port moves forward with US$500 million plans to import LNG into Australia... which is the world's biggest LNG export nation.
Sime Darby paid US$136 million for automotive and construction dealer Gough Sime Darby Berhad (BM: 4197) has directly told FreightWaves it paid about NZ$211 million (US$136 million) to acquire automotive and construction machinery dealer Gough Group...
EagleRail Container Logistics: An idea ready to take flight? A Chicago start-up has proposed using crane rails to move containers in and out of terminals to ease congestion in the era of mega-ships.
The rise of industrial property's little guys Low vacancy rates in smaller industrial markets signal a broadening of expansion in logistics property cycle
Will other listed ship owners privatize after DryShips' exit? DryShips and Teekay Offshore are going private. With share valuations weak, others could follow suit.
U.S. regulators gear up for offshore wind project oversight New guidelines highlight vessel safety issues for project developers.
U.S. shipments from Chile dropping amid extreme drought "We have signed the decree that officially declares this agricultural emergency due to water scarcity."
Trucking software supplier adds mountain corridor safety notifications Trucking software supplier Drivewyze is adding the dangerous mountain passes of Colorado to its safety alerts for subscribers of its PreClear weigh station bypass program.
U.S.-China trade war poses greatest threat to commercial vehicle forecasts The on-again, off-again trade war between the U.S. and China is a great threat to commercial vehicle forecasts, already buffeted by too many trucks and...
Maersk beefing up IT staff Maersk says technology is core to its vision and wants more of its 6,000-strong IT workforce to be direct employees and not contractors.
Startups in the transport space overlook a fertile investment landscape The transport industry is witnessing the rise of numerous technology startups, with investment pouring in from excited investors who envision a smart and connected future...
More Huawei affiliates added to Entity List The U.S. Commerce Department has added 46 additional overseas affiliates of Chinese telecommunications technology manufacturer Huawei Technologies Co. Ltd. to the restrictive Entity List.
Florida flooding possible, scorching heat in Plains (forecast video) Flooding could be an issue along Gulf Coast, while other areas bake in dangerous heat.
Who's King of Commercial Maritime? The UN Conference of Trade and Development released a study that reveals who's at the top of the commercial maritime world-ranked based on connectivity to...
LiDAR company Velodyne sues Chinese firms for patent infringement Velodyne has filed patent infringement claims that its rotating 3D LiDAR technology was copied by Chinese companies Hesai and RoboSense.
Today's Pickup: Data provider brokers peace between cities and e-scooter and e-bike operators Plus: tariffs hit wind energy supply chain; Uber partners with medical transportation provider
EPAM Systems joins Blockchain in Transport Alliance EPAM Systems is the latest member of the Blockchain in Transport Alliance. Learn more about the company and the Alliance in this article.
Uber Freight goes after larger fleets with dispatcher portal Uber Freight needs access to more capacity to keep up with 153 percent growth in gross bookings.
Shippers face uncertain supply chain impacts as IMO 2020 approaches The new IMO regulation reducing ships' sulfur oxide emissions aims to improve the health of the environment and human population, especially near coasts and ports....
California approves program to electrify 3,000 San Diego trucks and buses Combined with previously authorized programs, the investment is the largest by electric utilities in the U.S. to help replace heavy-duty vehicles with zero-emission technology.
Port Report: Sourcing shifts for U.S. imports boosting Southeast ports Move to non-tariff sources means switching ports, intermodal executives say.d
ARA 0.1% gasoil barges hit 4-month high despite low heating demand Barges of 0.1% gasoil trading in the Amsterdam-Rotterdam-Antwerp, or ARA, hub strengthened to a four-month high of minus $7/mt versus ICE low sulfur gasoil futures Friday.
Oil moves higher as supply outlooks tighten Oil future settled higher Monday as markets eyed a likely US crude oil draw and lower Saudi Arabian exports as signs of a tightening supply picture.
External: Global Risk Management
Iranian tanker released by Gibraltar sailing towards Greece: cFlow The Gibraltar government released the Iranian supertanker Grace 1 last Thursday August 15.
Nigeria's NNPC confirms list of suppliers in new crude-for-products swaps deal In a statement, NNPC said the new direct sale and direct purchase program will be from October 1 to September 30, 2020.
Asian gasoline lends support to light ends while naphtha, LPG sag on oversupply Asian LPG was still soft as abundant stockpiles and production in the US, which was flowing to Asia, pressured the market.
Asian regrade widens as China demand drives up gasoil, jet exits peak season "Light cycle oil is currently a very big business now too, and some buyers blend some of it into gasoil and sell them into the domestic market," a trader said.
S Korea's SK Energy increases gasoline, gasoil output in H1 ahead of IMO 2020 rule "Gasoil demand is expected to grow as the IMO regulations will be implemented from January next year," the company said.
Gibraltar rejects US request to seize Iranian tanker as it heads to Mediterranean "Grace 1 was renamed Adrian Daria whose next destination after detention is the Mediterranean Sea," Eslami said.
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