Shearer Group to provide construction oversight of new TxDOT ferry The Shearer Group, Inc. (TSGI) is to provide construction oversight of the 300 ft hybrid ferry under construction the Texas Department of Transportation (TxDOT) at Gulf Island Fabrication, Inc.'s Jennings, La., shipyard
Amy Larson to step down as National Waterways Conference President The Board of Directors of the National Waterways Conference, Inc. reports that longtime NWC President Amy Larson will step down at the end of the year. Julie Ufner will take over as
Samsung Heavy and Bloom Energy plan fuel cell powered Aframax San Jose, Calif., headquartered Bloom Energy, the world's leading provider of stationary fuel cells. has announced a collaboration with shipbuilder Samsung Heavy Industries (SHI), to design and develop ships powered by Bloom
Heads roll at Tidewater Houston headquartered offshore services specialist Tidewater Inc. (NYSE: TDW) announced today that it has reached agreements with Jeffrey A. Gorski, Executive Vice President and Chief Operating Officer, and Bruce D. Lundstrom, Executive
Indonesian yard launches first in new Incat Crowther 42 series Indonesia's PT Cahaya Saumdra shipyard has launched the Brilliance of Majestic for Singapore operator Majestic Fast Ferry. The vessel is the first of a new class of Incat Crowther 42 design vessels
Stena Bulk says Impero finally released by Iran The Swedish-owned, British-flagged tanker Stena Impero, which was seized by Iran in the Strait of Hormuz, July 19, has finally been freed from detention and has left Iranian waters. Erik Hanell, President
The interview: Xu Lirong Turning bloated state-owned businesses into globally competitive players has been at the core of Capt Xu's responsibility. He has delivered...
Shipmanagers can expect rapid evolution ahead, but it won't all be smooth sailing The rise of digital shipping, increasing regulatory pressure, and the need to boost crew training all call for dedication to...
The Lloyd's List Podcast: Shipping's moonshot - zero-emission vessels by 2030 Shipping's first major far-reaching moonshot initiative is here. The Getting to Zero coalition has set its eyes on delivering commercially...
'We must continue to evolve' The maritime administration has been restructured; an intense promotional programme is supporting an overhauled Cyprus maritime brand; and online services...
Safe pair of hands, safe pair of offices Among the company's most interesting recent moves was establishment of Safe Bulkers Management in Limassol in 2015
MOL joins Novatek and JBIC on Arctic LNG transhipment project Floating storage units located in Kamchatka and in Murmansk will be used for transhipment of LNG cargoes from Novatek's Yamal...
MSC, Hapag-Lloyd and DNV GL consider latest zero emissions coalition The three majors could join the Getting to Zero coalition that launched earlier this week
Lloyd's List Future Fuels Forum looks through haze to a brighter future Availability, quality and enforcement remain last-minute concerns for industry experts assessing low-sulphur implementation, but the major problems could yet lie...
Dynagas Partners posts lower earnings Partnership sees itself as 'better positioned' for growth after clinching refinancing
Daily Briefing Free to read: Cosco sanctions send 'shockwave' through tanker markets as charterers reject Chinese tonnage | Maersk Tankers buys seven...
Stena Impero crew disembark after ten weeks of detention The 16 crew who have been detained in the Iranian port of Bandar Abbas since July 19 have finally been...
Pengerang's MGO trade volume surges ahead of IMO 2020 The deepwater terminals being developed in phases at Pengerang, are well-positioned to get in to the market for bunkering of...
ONE containership in Piraeus collision with Turkish chemical tanker The ONE vessel was bound for the Piraeus container terminals when the incident occurred
Farid Salem leaves a lasting legacy as he retires from CMA CGM Rodolphe Saadé describes his uncle as 'the architect of the CMA CGM adventure' whose 'unique expertise, outstanding qualities as a...
Limetree Bay refinery re-start will boost low sulphur supply at Caribbean hub The terminal can hold 34m barrels in 167 storage tanks and boasts deepwater access to 11 docks including the offshore...
Teekay Arc7 LNG carriers caught in US-Cosco sanctions tangle Company says it is working to resolve indirect ownership issue to avoid any disruption to services
Globus losses widen, ends second quarter in the red It was a rough second quarter for Globus Maritime, but the bulker owner sees better days on the horizon. For the second three months of 2019, Globus posted a $3m loss, or a $0.74 loss on a per share basis, steeper than the $938,000 loss for the same period last year. "During the second quarter of the year the market was under severe pressure mainly due to the ongoing concerns in the trade war
Two more leave Tidewater Two more executives announced their departures from Tidewater this week.
Dynagas eliminates common dividends completely As part of its refinancing plan, the gas carrier owner had to stop paying dividends
Fredriksen increases lead in Norway rich list Partner-turned-rival Troim loses ground on Kapital list.
Silent on fleet details, Cosco faces isolation from international shipping Charterers, brokers and insurers are reviewing business relationships with Cosco Shipping Energy Transportation following the sanctions news
Samsung develops world's first fuel-cell aframax South Korean yard aims to deliver tanker powered by solid-oxide gas technology.
P&I clubs caught in Cosco Dalian sanctions fallout Five protection and indemnity mutuals provide cover to the Chinese company
Gestion exits tanker sector with Hafnia deal Monaco owner offloads MR duo, while Singapore buyer also sells older ship.
Cargill profit drops 10% despite small revenue rise Trading giant says it is focused on modernising all aspects of operations.
Golden Energy Offshore fixes newbuilds for winter work Term deals secure three months of employment just as spot market expected to slow
Klaveness wins more time for combination carrier options Klaveness company says decisions on more oil/bulk vessels will be taken between February next year and January 2021
Third Baltic LNG index to go live from next week Exchange's BLNG2 from Sabine Pass in the US to the UK's Isle of Grain has been on public trial since early July
Trial opens over Tilbury port 'hijacking' UK court hears harrowing claims of alleged attempt to take control of Grimaldi's Grande Tema
Sanctioned Kunlun and director Xu Bin prove hard to find Kunlun Shipping has vacated the premisses named by US authorities in sanctions documents
Dynagas Partners earns more as drydock costs fall New York-listed LNG carrier owner builds charter backlog worth $1.31bn.
Two hurt as ONE boxship and tanker collide in Greece Turkish tanker develops list after incident in Perama.
Stena Impero finally leaves Iran after two months of detention Stena Bulk says tanker heading to Dubai after being seized in July.
Hapag-Lloyd launching new India services to 'meet demand' German liner operator teaming up on new routes with ONE, Cosco and Yang Ming
Shipbuilder DSME marketing early-delivery VLCC berths for 2021 Effort by South Korean yard group comes amid growing interest in dual-fuel VLCCs
Cosco Shipping faces heavy financial hit from US sanctions Cosco Dalian said to have contributed almost 40% of profits in first half of the year, says analyst
Rescue mission launched after Lorenzo lashes Bourbon AHTS Anchor handler reportedly taking on water after coming within 60 miles of eye of latest US hurricane
Foreguard Shipping poised for growth after LPG carrier sales Alan Hatton-led shipowner now fully concentrating on chemical tankers after Epic Gas deal
FreightWaves oil report: tough times out in the oil patch A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what's ahead. The Dallas Federal...
Down Under Trucking: worker killed in port yard Australian logistics continues to be dangerous for workers: a man was tragically crushed to death last week. In corporate Australia, companies are winning contracts. Meanwhile,...
DHL Express hikes U.S. rates 5.9% for 2020 Air and ground express firm DHL Express announced September 27 a 5.9% general rate increase on shipments moving to and from the U.S., effective January...
Michael Welch dies; had co-founded forerunner firm to XPO Logistics (with video) Michael Welch dies. Had co-founded forerunner firm to what is now XPO Logistics
Breaking News: Car2go to shutter operations in five cities as mobility landscape changes Ride-hailing and peer-to-peer models cut into traditional car-sharing market.
National freight volumes now positive for nine straight weeks as 2018 comparisons ease Volumes up 4% year-over-year this week
Hyundai, Cummins plan to make fuel cells for North American commercial trucks Cummins and Hyundai Motor Group will work on fuel cell electric systems for heavy-duty truck makers in North America as well as stationery fuel cells...
Italian government begs Delta to upsize Alitalia offer The Italian government is begging U.S. major Delta Air Lines to up the proposed acquisition of a 10% stake in Alitalia for $100 million to...
CargoLogic Germany lands AOC Leipzig-Halle-based cargo carrier is allowed to operate
FMCSA may face trouble in assessing carrier safety scores Risks related to CSA program outlined in DOT oversight report.
Cool Chain Association calls for data sharing Cool Chain partners are changing their mindsets
Freight Futures daily curve: 9/27 A big drop in the East region drives the National freight futures index lower on Thursday.
Jefferies warns of consequencies from WTO Airbus ruling Investment bank Jefferies warns of unexpected consequencies to WTO Airbus subsidiary decision
Freight brokers see more hot loads as carriers manage yield Truckload carriers are falling off of out-of-network freight; it ends up with brokers.
Antonov Airlines makes push for satellite business Antonov Airlines is seeking to build on its already robust business of moving satellites
Delta takes aim at American in Latin America with LATAM deal Delta is making a big play for Latin America, a region that is close to its base and where it sees the most growth potential...
Dray carrier opts for natural gas to meet California standards As California tightens trucking emissions, natural gas seen as most viable in market currently.
Commentary: Is the shipping industry ready for the new fuel mandate? Ben Thrower writes about the coming IMO 2020 regulations and its impact on the shipping industry.
Collaborating on lanes can benefit shippers and carriers Ashley Furniture, Kellogg, Republic Plastics and Transport America are reducing empty miles and gaining support for sharing trailer space.
Wrestling with demurrage fees from government cargo inspections The U.S. Federal Maritime Commission does not expect easy answers to the question of how to fairly assess demurrage and detention when Customs and Border...
US sanctions target Russian jet fuel carrier The Treasury Department's Office of Foreign Assets Control identified Moscow-based Maritime Assistance LLC as the head of a "sanctions evasion scheme" to deliver jet fuel...
New truck orders running below replacement demand should boost carrier profits in 2020 The Seasonally Adjusted Annual Rate (SAAR) for new Class 8 truck orders in 2019 is trending at approximately 150,000. Note that this number includes orders for...
Number of women behind the wheel soars year-over-year Women now make up over 10 percent of over-the-road (OTR) truck drivers, an increase of almost 30 percent.
Today's Pickup: Accelerator program pushes Geotab into city building Plus: AV companies mess with Texas; California black market cannabis boom.
Oil falls further on possible Saudi-Yemen peace pact Crude oil futures settled lower Friday after reports that Saudi Arabia announced it agreed to a partial ceasefire with Yemen.
EnQuest sees Kraken crude used as 0.5% sulfur bunker component
Fujairah heavy distillate stocks fall 11% on steady cargo outflow to the East"[Demand is] not too bad ... there was an immediate reaction to the Saudi incident [initially] but seems roughly normal again now," a bunker supplier said.
Charterers releasing sanctions-hit China Cosco Dalian tankers: sources "It is a bull factor for the LR1s," said a chartering source.
Petrobras confirms discontinuation of IFO 380 bunkers in Brazil from Oct Brazilian oil major Petrobras confirmed Thursday it will no longer offer IFO 380 bunkers at any Brazilian ports, effective October 1, as it works toward lowering its marine fuel sulfur cap.
SHIPPING: Scrubber fitting fails to raise rates as owners offer discounts Plenty of VLCCs retrofitted with scrubbers are being offered at a discount.
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