Foss christens first in new ASD tug series Foss Maritime christened the Jamie Ann, the first of four new ASD-90 tugs under construction at the Nichols Brothers Boat Builders shipyard, in Freeland, Wash. on Saturday, February 29, 2020. Her three
Coronavirus: Virgin Voyages' Scarlet Lady gives New York a miss Coronavirus concerns have apparently prompted Sir Richard Branson's Virgin Voyages to scrap plans to hold a series of travel industry preview events in New York aboard its first ship, the recently delivered
Korea Line LNG bunkering vessel will have Wärtsilä cargo handling system Wärtsilä has been selected to supply the cargo handling system for a new 18,000 cu.m LNG bunkering vessel being built for Korea Line at Hyundai Mipo Dockyard in Korea. "This latest order
SUNY Maritime and Hornblower strengthen partnership Officials of SUNY Maritime College, Fort Schuyler, N.Y., recently joined executives of ferry operator Hornblower in a ceremony that saw the college's navigation lab renamed the "Hornblower E-Navigation Lab." The naming marked
VIDEO: Volvo Penta IPS powers Beagle Channel tour boats Argentina based tour boat operator Los Yámanas S.A. is using Volvo Penta Inboard Performance System (IPS) to power two of its sightseeing vessels, which operate in one of the most remote parts
Bristol Harbor Group contracted to continue working with USACE Marine Design Center Bristol, R.I. headquartered Bristol Harbor Group, Inc. (BHGI) has been awarded an Indefinite Delivery Contract (IDC) to provider naval architecture and marine engineering services for the United States Army Corps of Engineers
MacGregor wins Polar Security Cutter equipment order Cargotec's MacGregor unit has received an order from shipbuilder VT Halter Marine Inc. to supply deck machinery and cargo handling equipment for the U.S. Coast Guard Polar Security Cutter (PSC) program. The
Increased marine demand underpins Hempel's return to growth Hempel, the coatings supplier, has posted improved revenue for 2019. Higher demand for its hull paints and an industry-wide push...
Braemar to expand despite coronavirus fears Stronger tanker markets boosted Braemar's shipbroking business in late 2019, but its engineering and logistics arms lagged
From the News Desk: China is key to the impact coronavirus has on shipping Analysts are still crunching the numbers when it comes to the full impact of coronavirus, but the signals so far...
Standard Club offers cashback after near 5% tonnage growth 'Overall, premium across the membership increased at 20 February 2020, and deductibles were adjusted, reflecting the board's expectation that rates...
Shrinking fuel oil spread cuts scrubber earnings premiums Change in fuel oil pricing structure is likely to extend payback times for scrubber technology, now deployed on over 2,700...
Yangzijiang Shipbuilding faces labour crisis Executive chairman Ren Yuanlin says the company is trying its utmost to prevent a 'coronavirus fiasco'
Coronavirus: Shippers warned of medical testing fraud The International Transport Intermediaries Club warned shipmanagers to be vigilant and check all invoices related to the coronavirus outbreak
Panama Canal imposes draught restrictions The maximum authorised draught for vessels transiting the panamax locks has been reduced to 13.87 m from March 30
Polaris Shipping to remove fuel from Stellar Banner The vessel remains stable, while underwater inspections are being conducted to examine the hull condition
Newbuild demand backed by long-term views on LNG expansion The investment decisions announced last year in new plants with over 70m tonnes per annum of liquefaction capacity spell more...
CINS changes board members Uffe Ernst-Frederiksen steps back to deputy chairman role as YS Hwang takes top job
South Korea offers financial relief to coronavirus-hit shipping Under the new plan, the government will provide just over $75m in low-interest loans should the virus outbreak continue to...
Carriers face tough decisions about technology amid coronavirus impact With carrier revenues set to be affected by the coronavirus outbreak, there are concerns the sector's efforts to digitalise will...
Forwarders count the cost of coronavirus impact Freight forwarders are preparing for impact of the coronavirus outbreak, which is expected to mean lower cargo volumes and reduced...
Equipment shortages hit shippers Despite signs the Chinese supply chain is starting to move again, equipment shortages are set to remain for some time
Port of LA taking 'substantial' hit from coronavirus Baltimore terminal reduces working hours; Georgia ports brace for volume dive
China cargo flows rapidly return to pre-coronavirus levels CargoMetrics data reveals that Chinese port activity has recovered much faster than some had feared.
Colorado businessman receives 7-year jail term for biodiesel tax credit scam Matthew Taylor of Shintan Inc. was ordered by the U.S. Department of Justice to pay back $7.5 million in illicit tax credits obtained from the...
IATA postpones World Cargo Symposium as registrants withdraw over coronavirus The travel and hospitality industries are getting battered by falling demand for their services as the coronavirus spreads. Less economic activity and aircraft capacity hurts...
Crude settles mixed as market looks to OPEC meeting for next direction Market digests surprise US interest rate cut and weighs signs of a potential supply cut.
FEATURE: East-West naphtha spread doubles in a week amid supply glut in Europe Asia is typically net short of naphtha, but transportation delays and downstream demand destruction caused by the coronavirus have impacted demand sharply.
Singapore Marine Fuel 0.5%S cargo slips to first discount in 3 months "I suspect March supply will be still heavy for the moment," said a Singapore-based trader.
Some shipowners upbeat about scrubbers as benefits come to the fore "We have not had any major problems; we don't see any corrosion issues or any breakdown issues," said Spliethoff's Arne Hubregtse.
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