USCG sets 2020 minimum random drug testing rate The Towing Vessel Inspection Bureau (TVIB) reports that the U.S. Coast Guard has set the calendar year 2020 minimum random drug testing rate at 50% of covered crew members. The minimum random
MOL and NYK to order LNG-fueled coal carriers Japan's Kyushu Electric Power Co., Inc. has entered into long term transportation contracts agreements with Nippon Yusen Kabushiki Kaisha (NYK) and Mitsui O.S.K. Lines, Ltd (MOL) that will see the two companies
Matson takes delivery of first Kanaloa Class ConRo Matson, Inc. (NYSE: MATX) yesterday took delivery of its newest vessel, the largest combination container / roll-on, roll-off (ConRo) ship ever built in the United States, from General Dynamics NASSCO shipyard in
HMD to build four 1,800 TEU Con-Green box ships for Evergreen South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has won a KRW 110 billion (about $95 million) order to build four 1,800 TEU containerships for Taiwan's Evergreen Marine Corporation. The vessels, each of
Italian yard selected to build LNG bunkering vessel The Rosetti Marino shipyard in Ravenna, Italy, has been selected to build a Semi-Ballastable Barge Transporter (SBBT) LNG/MDO bunkering vessel. With a capacity of 4,000 cu.m of LNG and 1,000 cu.m of
Bulker master pleads guilty to operating vessel while intoxicated Vadim Humenyuk last week pleaded guilty to operating a commercial cargo ship in San Francisco Bay while intoxicated, announced U.S. Attorney David L. Anderson and U.S. Coast Guard Captain of the Port
The LNG Outlook LNG developers are locked in a stiff competition to get new capacity off the ground. Some have taken on the...
The LPG Outlook Even as sentiment for liquefied petroleum gas shipping is veering towards an improvement in the fortunes of owners as 2020...
The Tanker Outlook The 2020 fortunes of the crude and tanker market can be distilled into five elements - sanctions, storage, scrubbers, sulphur and...
Turkish cargoship sees third grounding in a decade Zelek Star was carrying cement and other goods from Greece to Israel when stormy weather forced the vessel away from...
Strategic re-think at Ardent results in new CEO and HQ Strategic re-think will see the company move away from decommissioning and focus on emergency management
Yamal LNG starts transhipping at Zeebrugge Novatek touts the transhipment hub at Zeebrugge as improving the reliability of its exports from Yamal LNG to Asia and...
SembMarine secures $406m in offshore contracts SembMarine has engineering expertise in catering to different geographies and operating environments
Keppel nets $118m in scrubber and ballast water retrofits Keppel O&M has secured retrofits for 108 scrubbers and 97 BWTSs to date
Japan to send destroyer on one-year Middle East deployment Industry players welcomed the decision, adding that it would enhance safe passage of ships in the region
Vietnam greenlights project and moves closer to importing US LNG Vietnam may start importing LNG from the US as early as from 2023 if the Bac Lieu LNG-to-power project takes...
Hornbeck Offshore to appeal delisting from New York Stock Exchange In October, Hornbeck chief executive Todd Hornbeck acknowledged that the firm's third quarter results were 'disappointing' and that 'market conditions...
Japanese utility signs up NYK and MOL's first LNG-fuelled coal carriers These coal carriers will draw on LNG supplies from a Kyuden subsidiary based in Japan
Matson takes delivery of new ro-ro containership from Nassco Matson said Lurline also is one of its fastest vessels, with a top speed of 23 knots, helping to ensure...
US Customs changes Jones Act stance on ship equipment Decision will impact offshore industry, law firm BlankRome says
Diana Shipping to offload older panamax Transaction marks eighth vessel sale amid a series of share buybacks in past 12 months
Nord/LB gets $3.17bn cash injection German ship financier completes capital restructuring
Songa boxship runs into Bosphorus shore 2,000-teu Songa Iridium (built 2008) to undergo inspection after hitting land at narrowest point of Turkish Straits, media say
Curtain comes down on key capesize index End of an era as Baltic Exchange stops publishing iconic coal route
Stena Bulk scraps last pre-2000 built tanker Company opts for green recycling of the 126,000-dwt Stena Sirita (built 1999)
Former Braemar director fined by UK financial watchdog Kevin Gorman failed to disclose personal trading
Japan sends warship to the Middle East Gulf Destroyer will protect Japanese oil supplies
European yards call on EU to safeguard 1 million jobs Sea Europe says its members are under threat from unfair competition
Deutsche Bank sees happy holidays for scrubber investors Price spread of IMO 2020 compliant fuels to widen to record high, boosting firms that bet on scrubbers, analysts say
Harry PapachristouUS Customs changes Jones Act stance on ship equipment Decision will impact offshore industry, law firm BlankRome says
Diana Shipping to offload older panamax Transaction marks eighth vessel sale amid a series of share buybacks in past 12 months
Nord/LB gets $3.17bn cash injection German ship financier completes capital restructuring
Songa boxship runs into Bosphorus shore 2,000-teu Songa Iridium (built 2008) to undergo inspection after hitting land at narrowest point of Turkish Straits, media say
Curtain comes down on key capesize index End of an era as Baltic Exchange stops publishing iconic coal route
Stena Bulk scraps last pre-2000 built tanker Company opts for green recycling of the 126,000-dwt Stena Sirita (built 1999)
Former Braemar director fined by UK financial watchdog Kevin Gorman failed to disclose personal trading
Japan sends warship to the Middle East Gulf Destroyer will protect Japanese oil supplies
European yards call on EU to safeguard 1 million jobs Sea Europe says its members are under threat from unfair competition
Deutsche Bank sees happy holidays for scrubber investors Price spread of IMO 2020 compliant fuels to widen to record high, boosting firms that bet on scrubbers, analysts say
Evergreen places feeder containership order worth $112m Evergreen powers ahead with fleet renewal as fourth order for the year is signed
OSG expands with four suezmax tankers in Alaska Tanker takeover deal OSG buys over Alaska Tanker Company fleet in deal that sees it assume full control of the company
2019 Recap: Highlighting the best of 'Fuller Speed Ahead' CEO Craig Fuller provides exclusive industry insights found only on FreightWavesTV.
Today's pickup: Smith's candor; Target on-target FedEx's Fred Smith speaks candidly about the future. Target kicks e-commerce butt.
Drilling Deep: Trucking and Wall Street, 2019 Drilling Deep podcast host John Kingston joins with his colleague FreightWaves Finance Editor Todd Maiden to discuss how the trucking industry did on Wall Street...
LNG: The next major marine fuel? A global effort is underway to slash harmful emissions from ocean-going ships. Liquefied natural gas will likely play an important - but only partial -...
Poinsettias, handmade glass ornaments among Mexico's key Christmas exports The Christmas trade is big business in Mexico, which exports everything from ornaments to holiday candy to the United States and other parts of the...
Maritime History Notes: Hazards of the sea Cargo on board a ship has frequently been the cause of damage or total loss.
IMO sulfur cap, new capacity complicate refinery fortunes in 2020 The global low sulfur cap on marine fuel from January and the ramping up of additional capacity in 2020 are likely to have contrasting impacts.
Shipowners rush to de-bunker HSFO as IMO 2020 looms Off-spec bunkers are finding their way on board ships even though samples are drawn before loading.
Crude settles in black after large US draw Gains come after uptick in refinery demand weighed on US crude oil inventories last week.
Sur de Texas connection to Mexico gas grid bullish for cross-border flows US natural gas exports to Mexico could see significant upside heading into the new year.
Trump administration revises Jones Act framework for oil, gas operations US maritime industry fears the revisions could potentially alter a century of legal precedent governing movement of key commodities between US ports.
Singapore MF 0.5%/380 CST HSFO bunker price spread widens to record high Buying activity has rapidly declined for 380 CST high sulfur bunker fuel since November.
Expectations of US crude draw push oil market to three-month highs Markets were supported by bullish forecasts from the American Petroleum Institute.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
