VIDEO: Golden Ray removal passes major milestone The St. Simons Sound Response Unified Command (the Coast Guard, Georgia Department of Natural Resources, and Gallagher Marine Systems) has taken a big step forward in its efforts to dismantle the wreck
Davie adds Vard Marine and Serco to polar icebreaker team Canada's Davie Shipbuilding reports that Vard Marine Inc. and Serco Canada Marine have become partners in its polar icebreaker program, which is the flagship project at Davie's National Icebreaker Center (NIC). Canada's
First Newcastlemax in Oldendorff newbuild quartet named at Hantong Named today in a ceremony at the Hantong Shipyard in China, the Newcastlemax bulker M/V Henry Oldendorff is the first of four newbuildings, to be delivered by the shipbuilder to Germany's Oldendorff
Australia's new icebreaker starts sea trials The Australian Antarcic Program's new icebreaker, the 160.3-meter RSV Nuyina, recently left the Netherlands port of Vlissingen to commence trials in the North Sea. The month-long sea trials phase marks an important
Svitzer makes key Americas terminal towage sector appointment Seeing increasing growth opportunities in the Americas terminal towage sector, Maersk Group member Svitzer has appointed Rutger Thulin as its new Managing Director for the Terminal Towage Cluster in Americas, spanning Svitzer's
Kongsberg: Cloud-based radar training can be accesses anytime, anywhere Kongsberg Digital is launching a new cloud-based simulation service for maritime radar training. Used as an advanced eLearning tool, it enables instructors to manage and control exercises with realistic radar simulations to
Owners' primary drivers of digitalisation revealed in new survey All attendees to the webinar will receive full access to the Digitalisation Uncovered publication, which includes interviews with ABB, Bureau...
Maersk and CMA CGM push EU for free emission allowances The two major carriers also call for only domestic voyages to be included in the EU Emissions Trading System and...
Ruling expected to bring greater transparency in London arbitration 'The decision, which was anticipated with trepidation in some circles, will in fact strengthen the commanding position and reputation of...
Why shipping's MRV regulation must target cargo owners In October 2019, the market capitalisation of oil major Royal Dutch Shell was 600 times higher than that of shipowner...
Shippers and forwarders demand change to failing ocean freight market European shipper and forwarder representatives urge carriers to review their current operational and business practices and return to 'respecting schedule...
Will China speak against EU impatience on shipping emissions? China and the EU have an aggressive green agenda driven by huge potential seen in the clean energy sector, a...
Maritime Markets Outlook: The best of times, the worst of times The divide in fortunes between the global tanker fleet and containerships is widening, according analysis presented by Lloyd's List and...
Landmark ruling has implications for arbitration disclosure The court decision inHalliburton Company v Chubb Bermuda Insurance has major implications for the London maritime arbitration sector, say legal...
Box freight rates to rise further on equipment shortages High demand has disrupted the flow of containers back to Asia leaving shortages at export locations. Shippers are having to...
Three vessels involved in collision at Brazilian port All three Liberia-flagged bulkers have been moved to outer anchorage for inspections and temporary repairs, according to a Lloyd's List...
Four crew taken from Marinakis tanker off Togo Four crew were kidnapped from the Marinakis-owned chemical and oil tanker Agisilaos in Ghanaian waters, five nautical miles west of the Gulf...
Rightship appoints Steen Brodsgaard Lund as new chief Mr Lund has 30 years of experience in the maritime industry and remains committed to elevating shipping safety standards
Daily Briefing Free to read: Asia-Europe container freight spot rates hit new highs | China agrees $1.5bn deal for additional Indonesian coal...
Lloyd's marine insurers must meet 'bare minimum' rate increases Rate increases of at least 8% required for players to 'look good' next year, Munch Re Syndicate underwriting chief says
Cosco leasing unit to finance 16 newcastlemaxes for sister company Vessels were originally ordered by Cosco Shipping Bulk, and will now be sold to Cosco Shipping Development under an operating...
CSSC to boost capacity for offshore wind Move comes with China's expected dominance in future offshore wind energy market, which creates opportunities for equipment makers and vessel...
Delta Air Lines names logistics veteran to lead cargo Delta Airlines named a new cargo boss on Monday, moving Shawn Cole to an upper management position in sales.
Celebrity site picks up mariner's fabulous rescue The feel-good story appears above Cardi B's party apology.
AirBridge Cargo transports first shipment of Chinese COVID vaccine UPS and a Russian all-cargo airline collaborated to move the first shipment of a Chinese-made COVID-19 vaccine.
CAI International sells railcar fleet to Infinity Transportation The $229 million deal comes as CAI International seeks to focus on its containing leasing business.
December Primorsk ULSD exports up 16% on month Fundamentals in the Northwest European diesel market have been relatively steady throughout November.
Oil pulls back as OPEC punts on production cut extensions Brent forward curve slips deeper into contango.
MONTHLY FORTIES TRACKER: Four VLCCs load Forties through Nov, two heading to Asia **Two VLCCS going East as demand there for European grades rises **Tight European refining margins
REFINERY NEWS: Spain's Repsol halting crude distillation unit at Bilbao **No. 2 CDU to halt until market recovers **Mobility restrictions led to 16% demand reduction for road fuels
European driving activity rebounds as governments ease latest lockdowns **Regional oil demand seen hit by 900,000 b/d in November **Madrid rebounds to pre-March lockdown congestion high **European refining runs suffering as fuel lags crude
Europe and Africa residual fuel -- key market indicators this week **Fuel oil demand waning as year-end approaches **Surging Aframax demand for fuel oil cargoes from Baltics
RUSSIA DATA: Planned Dec. product sales on Spimex little changed on month **Planned volume of gasoline is 290,696 mt **Planned volume of fuel oil is 52,655 mt
EU carbon prices jump above Eur29/mt on delayed 2021 free allocation **Free allocation expected in Q2 2021, delayed from February **Regulatory steps needed before free EUAs can be allocated **Delay has little bearing on April 30, 2021 compliance process
REFINERY NEWS: Neste to shut Naantali by March 2021, Porvoo to focus on renewable fuels **Oil products demand not expected to recover to pre-pandemic levels **Switch to save company Eur50 million/year
Asia middle distillates - Key market indicators this week **Regional supply tight **Outages may lend support
Asia residual fuel market - Key market indicators this week **Demand optimism for year-end **Inventory work-downs likely to restrict availability
OPEC+ heads into crunch-time negotiations still in search of unity over 2021 oil quotas **Preliminary talks over extending oil cuts to boost market **Russia, Kazakhstan said to seek output rise, UAE undecided **Formal OPEC meeting Nov. 30, non-OPEC joins Dec. 1
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