Diamond Ocean drillship completes upgrades at ST Engineering Halter Marine and Offshore ST Engineering Halter Marine and Offshore, Pascagoula, Miss., has completed a contract for upgrade work on Diamond Offshore's drillship Ocean BlackLion that included installation of a 215 metric ton NOV passive heave
Norway reacts to Hurtigruten COVID-19 outbreak with cruise ship ban As investigations into the COVID-19 outbreak aboard its cruise ship Roald Amundsen continued, Hurtigruten today announced that it has temporarily suspended all sailings on MS Roald Amundsen, MS Fridtjof Nansen and MS
Lower Mississippi River deepening project officially kicks off Lousiana Gov. John Bel Edwards and Louisiana Department of Transportation and Development Secretary Shawn D. Wilson joined officials with the U.S. Army Corps of Engineers on July 31 to announce an agreement
Inmarsat, Shell and Thetius launch crew welfare Open Innovation Challenge Maritime satcom leader Inmarsat has joined forces with Shell Shipping and Maritime and maritime digital consultancy Thetius to launch an "Open Innovation Challenge" for start-ups and small and medium sized enterprises (SMEs).
NYC Sheriffs arrest party boat owners, captain The excursion boat Liberty Belle was intercepted by the New York City Sheriff's Office on Saturday evening and the owners and captain arrested on charges that included holding an illegal party, violating
Disgruntled armed guard took control of Eagle Bulk supramax Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) said on Friday that it has successfully resolved a security incident on board its 52,483 dwt supramax M/V Jaeger involving an armed security
Ed Galloway to head up new Harvey Gulf subsea company New Orleans, La., headquartered Harvey Gulf International Marine has hired Ed Galloway, formerly of Subsea7/i-Tech7, to build and manage its new subsea venture company, Harvey Subsea Services. At SS7/i-Tech7, Galloway was Director
MAN Energy Solutions lowers job cut target The executive board and employee representatives of MAN Energy Solutions have agreed on a joint paper outlining the key points of the restructuring of the company announced July 22. The new plan
Capital Product chief taking 'opportunistic approach' Partnership posts improved net income from continuing operations of $8.7m for the second quarter
CMA CGM Libra case heading for Supreme Court Owners mount challenge on basis that crew's decision over what to mark on charts was a navigational decision rather than...
Maersk Drilling CFO to leave Mr Olsen helped to advise on AP Moller-Maersk's acquisition of Hamburg Süd in 2017
China's cement imports resurge China's cement imports reached 4m tonnes in May, double that seen in January, due to an upsurge in infrastructure spending...
Pandemic fallout delays vessel deliveries and limits new orders The total number of ships delivered in 2020 is expected to increase compared with last year, but a high number...
UK sanctions guidelines said to be 'misleading and incorrect' AIS switch-offs and STS are entirely legitimate. Masters of vessels from countries antagonistic to NATO cannot be expected to report...
Eagle Bulk confirms armed incident over pay dispute The guard did not surrender his weapon to the ship's master and forced the vessel to deviate from its course
Ince operating at pre-pandemic levels across Asia Ince Group's Asian staff have returned to office-based working, the law firm said as it unveiled a big jump in...
Cosco boosted by record transpacific rates The recent waves of consolidation in the container shipping sector has led to a 'better than expected' capacity discipline, which...
Tankers facing wild ride as global depression looms Opec cartel navigating geopolitical and economic icebergs as oil market rebalances over 2020's second half
With all hopes pinned on China, the new normal looks very familiar The coronavirus pandemic has exposed shipping market weaknesses, yet resilience within each sector reveals an industry inching its way towards...
Daily Briefing Free to read: UK shipping sanctions guide shows closer alignment to US | Are shipping's banks finally coming back? |...
Japanese bulker operator fined $1.5m in US pollution case A crewman-turned-whistleblower told the US Coast Guard about illegal discharges that had taken place on board the vessel
US ports call for federal funding to tackle 'unique' challenge Officials in the industry say it is critical that US ports have the resources necessary to address the unique and...
Jiangnan Shipyard clinches VLGC trio from AW Shipping AW Shipping is a joint venture between China's Wanhua Chemical Group and Abu Dhabi National Oil Co
Expedited trans-Pacific LCL filling a growing niche With airfreight capacity squeezed and rates high between China and the U.S., ocean freight consolidators offer the option of fast, cheaper less-than-container load, trans-Pacific services.
Funding go-ahead for Mississippi River deepening seen as boon for exports Project will increase available ship capacity within two years.
Qantas shuts Melbourne airport facility as government tightens COVID lockdown The state of Victoria in Australia has declared a COVID-19 emergency and is shutting down nonessential businesses. Qantas Freight is pausing operations at its warehouse...
Career Tracks: XPO appoints diversity officer LaQuenta Jacobs promoted to provide cultural leadership and strategic direction.
EMEA light ends: Key market indicators this week The European light ends complex has continued to weaken largely on a bearish demand outlook.
June fuel oil imports surge 20% on month on post-lockdown demand India's fuel oil imports in June registered a 20% increase from May at 590,000 mt as domestic demand returned following the nationwide lockdown, according to data from the country's Petroleum Planning and Analysis Cell published August 1.
Crude under pressure as OPEC+ cuts ease while refinery runs stay low Crude oil futures were trading lower at around midday in Europe August 3 on a slower than expected recovery in demand while at the same time OPEC+ production is increasing and the new global surge in coronavirus cases cast further doubt on the outlook for oil-product consumption.
Indonesia to mix coal-based DME, LPG as cooking fuel to lower LPG imports In an attempt to reduce Indonesia's dependence on imported LPG, the government seeks to mix coal-based dimethyl ether, or DME, and liquefied petroleum gas for use as cooking fuel, the Jakarta Post said recently, citing Ministry of Energy and Mineral Resources officials.
Asia middle distillates - Key market indicators this week Demand concerns are expected to take center stage in the Asian middle distillates complex as a resurgence of coronavirus infections around the region is expected to suppress buying appetites, exerting downward pressure on sentiment. Persistent supply tightness, however, is likely to provide a floor for prices, industry sources said Aug. 3.
Asia residue fuel market - Key market indicators this week Strong sales in the Singapore low sulfur bunker fuel market seen in the week ended July 30 are likely to continue into first-half August, according to bunker suppliers, as margins inch higher on the back of tightening supply in August.
ICE LSGO futures net speculative length slips back from 6-month high Speculative net long positions in ICE low sulfur gasoil futures fell 7,091 contracts to 59,189 in the week to July 28, according to ICE data, down from the six-month high reached the previous week.
Europe middle distillates: Key market indicators this week ICE low sulfur gasoil futures fell on the week, with the front-month ICE LSGO futures contract at $365/mt on July 31, down from $374.75/mt a week earlier.
NWE distillate MOC physical cargo volumes hit 2020 low in July In the Platts Market on Close assessment process in July, 405,000 mt of distillates products traded across the jet fuel, gasoil and diesel cargo markets in Northwest Europe, down 318,000 mt from June and the lowest volume traded in the process since December when 207,000 mt traded.
Hurricane Isaias projected to strafe eastern side of Florida over the weekend In a late July 31 advisory, the National Oceanic and Atmospheric Administration's National Hurricane Center said heavy rains associated with Hurricane Isaias could begin to affect south and east central Florida late Friday night and the eastern Carolinas by early next week, potentially resulting in isolated flash flooding.
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