Aluminium Marine delivers advanced whale watcher Brisbane, Australia, shipbuilder Aluminium Marine has delivered the Spirit of Migaloo II, a 24 m catamaran whale watch vessel to Seaworld Cruises. Designed by Incat Crowther, Spirit of Migaloo II is specifically
FortisBC to ship LNG to China in ISO containers Canadian natural gas utility FortisBC has entered into its first term supply agreement to produce liquefied natural gas (LNG) for Top Speed Energy Corp. to export to China. The relatively small volumes
Kirby pleads guilty to criminal charges in Canada spill A Canadian court has imposed penalties of C$2.9 million (about US$2.3 million) on Houston headquartered Kirby Offshore Marine Corp. Kirby entered guilty to three of nine criminal charges related to a diesel
All towboats in triple sinking removed from river The Coast Guard has transitioned from pollution response to the investigation phase of the major marine casualty that occurred July 5, 2019, involving three vessels that sank in the Illinois River near
VIDEO: Cuomo announces massive offshore wind agreement New York State Governor Andrew M. Cuomo yesterday signed into law the Climate Leadership and Community Protection Act, or CLCPA, which sets the state the goal of achieving a carbon free electricity
Seafarer dies in fall on bulk carrier Filipino seafarer killed outright
Don't mention the B word The future looks bright for UK shipping, as long as you focus entirely on 2050 and don't look too hard...
UK sets out ambitions for maritime in zero-emission era The UK aims to be a maritime innovation hub and has launched its Maritime Annual Report and Clean Maritime Plan...
Intercargo decries 'largely unanswered' questions over 2020 Alarm sounded by dry bulk owners' organisation as it urges fuel suppliers, charterers and owners to contribute more to preparing...
Shipping organisations back Hormuz task force call 'We strongly support any initiative that seeks to reduce the risk to shipping and seafarers going about their legitimate business...
Kidwell exits Braemar without any regrets Kidwell insists he will take a break, but has some ideas about where he might end up next
Attica confirms bond issue The lion's share of the proceeds from a bond sale by the largest ferry owner and operator in Greece, Attica...
Kawasaki building hydrogen export terminal in Australia The operator will use Australian coal to produce hydrogen and then liquefy it for export
Click and connect to explore shipping's game-changer A transformation is underway in the maritime indusry that is likely to be as seismic as the shift from break-bulk...
LPG carrier caught breaching sulphur limit off Shanghai Surveillance ship used onboard sniffer equipment and a drone to inspect the liquid petroleum gas carrier
Grace 1 detention order extended amid talks to defuse tension Gibraltar Supreme Court has granted an order extending the detention of the tanker seized on July 4 on suspicion of...
The Lloyd's List Podcast: UK shipping battling Brexit and bomb threats UK Shipping is very much in the spotlight this week, dealing with direct threats from Iran's leadership amid rising tension...
Skou says shipping can fend off competition to hire top IT talent 'Digitalising global trade is a pretty exciting mission,' says AP Moller-Maersk chief executive Søren Skou amid concerns about whether the shipping...
The Interview: Søren Skou When Maersk's group revenue shrank from $60bn to $35bn between 2011 and 2016, the board of directors called for an...
Inmarsat buyer pledges to safeguard UK business Private equity consortium would be legally bound to keep main operating centres in the UK for three years
Daily Briefing Wärtsilä sees weakening of demand in marine business | Fall in diesel demand seen changing IMO 2020 fuel mix |...
US naval forces down Iranian drone over Hormuz Tensions in the Gulf continue to mount as the US and Iran probe each other's naval forces in the region...
Venture Global LNG secures funding needed for Calcasieu Pass Venture Global LNG has signed long-term sales and purchase agreements with BP, Shell, Repsol, PGNiG, Galp and Edison for LNG...
VLCC recovery boosts Cosco Shipping Energy Transportation Analyst estimates CSET's VLCC earnings in the second quarter to be at about $21,000 above the market average
Emissions policies need urgent rethink, says Gratsos Dr George Gratsos claims that policies prioritising human health, especially strict limitations on sulphur oxide emissions, are derailing efforts to...
Zeaborn founder Meyer steps down Mr Meyer will remain managing partner of holding company Zeaborn holding
Iran strikes in Strait of Hormuz as Middle East tanker tensions explode Stena and Norbulk vessels captured in latest Middle East shipping drama
Golden Ocean Group puts $400m in shares on the shelf John Fredriksen-backed bulker owner's market capitalisation stands at $969m.
'Electric' capesize bulker rates climb to highest level since 2010 Capesize rates has reached its highest level since October 2010, with earnings almost 10 times above where they sat three months ago. Factors driving up the market read like a shipowner's dream. Vale VLOC scrubber fitting 'undoubtedly' set to boost soaring capesize market Strong iron ore prices; seasonality, increasing iron ore exports, vessel undersupply in the Atlantic, volatile bunker price
Public Greek owners shed supramax tonnage in busy summer market Two major Greek shipowners have continued fleet renewal efforts by offloading supramax bulkers as the sale and purchase market shows no signs of a summer slowdown. Both Angeliki Frangou's Navios Maritime Holdings and Petros Pappas-led Star Bulk are believed to have offloaded older vessels from their respective fleets this week. Supramax owners cash in as sentiment turns bullish Petros Pappas ad
Alma Maritime capesize reported sold as S&P market responds to rate rise Brokers report a string of capesize deals in the sale-and-purchase (S&P) market this week, in a further sign of growing buying appetite for dry bulk carriers amid a rising freight market. Capesize transactions have been few and far between in the first half of this year. As the market improved over the past few weeks, however, an increasing number of deals is said to have occurred, according to
Petrobras refuses to bunker two Iranian bulkers Duo stranded in Brazil for weeks over lack of fuel.
OSM Maritime wins double management deal with DFDS Bjorn Tore Larsen's OSM Maritime has secured a two-ship deal with DFDS. OSM will provide both technical and crew management for two DFDS vessels trading between Norway and the UK. Larsen the lion sleeps with one eye open as he tracks his prey Thomas Mork, vice president of technical organization at DFDS, said: "With a major fleet under OSM management and our long relationship with them as crewi
EF Marine targets Indian P&I sector Singapore insurer wins approval to operate in sub-continent.
Teekay LNG Partners presses on with higher distribution payments Teekay LNG Partners has stuck with its higher distribution levels for the second quarter following a one-third bump in its payout to investors earlier this year. Teekay LNG adds five years of new charters Lauritzen strikes seven-ship ethylene carrier pool deal with Teekay LNG Partners The MPL will pay $0.19 per unit for the second quarter, in line with the "significant increased" number seen in
Jefferies rolls back tanker rate forecasts on Opec cuts and refinery maintenance Jefferies has cut its crude and product tanker rate forecasts for this year amid Opec's decision to keep the oil tap turned down and prolonged refinery maintenance. Shipping's supercycle 2020: could the fantasy turn into a reality? VLCC resale prices to pass $100m in up-cycle, says Fearnley Securities The downward revisions come despite the bank's positive outlook for generally improving shippi
Court extends Grace 1 arrest for 30 days Gibraltar has at least another month to investigate potential sanctions breach.
Maridive AHTS held over $21m claim But Egyptian owner's vessel reported to have left Aruba waters despite court order.
Vale VLOC scrubber fitting 'undoubtedly' set to boost soaring capesize market Braemar ACM says almost 50 giant ore carriers could go to dry dock for the exhaust cleaning equipment by the end of this year
Boxship momentum turns negative on over-supply Alphaliner says demand growth also slowing in the second half.
GSL clinches pay rise for OOCL charter New York-listed owner fixes GSL Keta on a short-term deal.
Two bulker crew die while cleaning tank Atlantska Plovidba says two more injured during incident off Brazil.
Shipping impairments hit Danske Bank Single-name exposures push charges up at Danish lender in second quarter.
Gibraltar and Iran begin Grace 1 talks Delegations meet in London to de-escalate VLCC seizure crisis.
COSL downgraded at Morgan Stanley after share rally US investment bank trims estimates for Hong Kong-listed driller after stock jumps 20% in one month
Canada wins deal to export LNG to China by container Method of transport said to cater to customers who have no access to pipeline network
US Navy shoots down Iranian drone over Strait of Hormuz Trump said aircraft's close proximity to warship threatened safet of the ship and its crew
APMT, ILWU strike LA retraining deal Dockworkers will be trained to repair automated cargo-handling equipment they argued would take their jobs.
Exporters' input 'valuable' to BIS Eric Hirschhorn, BIS chief during the Obama administration, said interactions with industry when reforming export control regulations are vital and warned the agency needs more resources to carry out its mission.
US lawmakers gather USMCA details in Mexico The congressional delegation trip caps off an active week on Capitol Hill regarding consideration of the new NAFTA.
Port of Long Beach updates master plan
Seattle, Tacoma set international container record
FUTURES 5: Crude settles higher after Iran seizes British tanker in the Strait of Hormuz Crude oil futures settled higher Friday as international tensions ramped up following seizure of a UK-flagged chemicals tanker by Iran in the Strait of Hormuz.
External: Global Risk Management
LNG bunkering uptake could ease pressure on LSFO as IMO 2020 looms LNG pricing economics is becoming increasingly favorable, Imaizumi said.
IEA 'significantly' concerned on Strait of Hormuz, sees well-supplied oil markets: Birol Political tensions globally, including the one in the most important Strait of Hormuz, is something that concerns the IEA significantly.
Singapore's residue stocks fall 4.2% week on week to 6-month low "July looks steady despite higher bunker premiums," said a Singapore bunker supplier Friday.
Japan says 'seriously concerned' on Middle East tensions after US announcement on drone "We are in the midst of collecting information [on the drone shooting] by cooperating with relevant countries," Nishimura said.
Shanghai delivered 380 CST bunker premium hits 7-month high amid limited stock "There are limited avails and premiums are sky high", a shipowner said.
Oil surplus blunting price impact of sanctions, tanker attacks: US State Department's Iran envoy "There's plenty of oil; Iranian crude is not exotic, there's plenty of compatible grades, Saudi is one of them," Hook said.
Iran claims 'missing' oil tanker seized for smuggling fuel The latest incidents could further stoke fraught relations with Iran's neighbors and the West.
Oman turns to Japan as crude exports to China trend lower "ESPO gives better yields of gasoil, and coupled with shorter voyage times and smaller lots, all makes it a very good feedstock," a refinery said.
S Korea's Hanwha Total buys first Khuff condensate cargo from Saudi Arabia Shipping reports showed Hanwha Total chartering the Suezmax Ice Transporter to load a condensate cargo from Ras Tanura around July 25.
Affinity Shipping arranges first LNG freight swap The trade was made over-the-counter bilaterally between Total and Glencore.
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