Laborde Power Products adds East Coast sales representative Covington, La., based Laborde Products has hired Peter Licnikas of Lowell, Mass., as its East Coast sales representative. This follows Laborde's appointment in April as the new engine distributor for the East
Schottel to open new service center in Brazil Spay, Germany, headquartered propulsion system specialist Schottel reports that its Schottel do Brasil subsidiary will soon be able to offer more services to existing and new marine customers. Construction is now well
Austal USA delivers EPF 12 Austal Limited (ASX:ASB) reports that the USNS Newport (EPF 12) has been delivered to the United States Navy from Austal USA's shipyard in Mobile, Ala. USNS Newport is the 12th Spearhead-class Expeditionary
VesselsValue partners with Concirrus Online ship valuation and data provider VesselsValue has a formed a new data partnership with Concirrus, a company that serves the insurance market with a number of data and analytical services. The
Canadian oceanographic science vessel returns to service The Canadian Coast Guard offshore oceanographic science vessel CCGS Hudson, is back in service following the completion of vessel life extension work at the NEWDOCK shipyard in St. John's, Newfoundland and Labrador.
Klaveness implements data transfer solution in quick time Norway-based Klaveness Ship Management has rolled out a data transfer solution from maritime digital platform provider Dualog in just 24 hours. With having a fast and reliable data sharing system between the
Japanese companies plan to develop ammonia-fueled tugboat Three Japanese companies have kicked off a joint development project that aims to put the world's first ammonia-fueled tugboat into practical use. The same three companies-NYK Line, IHI Power Systems and ClassNK-worked
Maritime Partners takes delivery of second towboat in 15-vessel series Belle Chasse, La., shipbuilder C&C Marine and Repair has delivered the M/V Brooks M. Hamilton to Maritime Partners LLC, Metairie, La. The vessel is second in a series of 15 towboats that
ACL chief does not rule out UK flag return as ships move to Malta The Grimaldi subsidiary will keep a sizeable presence in Liverpool, where a great deal of back office work for the...
Industry ready to push ahead of regulators in decarbonisation pursuit Members of one of the biggest sustainable initiatives in the maritime industry claim they are willing to go faster than...
Columbia partners with Saudi Aramco for Mid-East expansion President of Columbia Shipmanagement Mark O'Neil says the Middle East is a region undergoing a shift in its approach to partnerships...
Hull and machinery claims down, Cefor data shows Hull and machinery has so far taken only a modest hit from coronavirus, with P&I and loss of hire worst...
DP World plans $4.5bn in new port investments with Canadian pension fund International port operator DP World agrees deal with one of Canada's biggest pension-fund managers to add an extra $4.5bn into...
Brittany Ferries seeks state aid after 75% fall in passengers Brittany Ferries has axed two services, idled half its fleet and sought French government aid after its passenger numbers fell...
Container shipping's digitalisation at inflection point Carriers' responses during the pandemic have been short-term fixes that have done little for customer service
Wilhelmsen in hydrogen fuel venture with Hyundai Glovis The companies will explore short and longer-term opportunities, leveraging on a shared focus on the global gas shipping market
OOCL linked to more supersized newbuilds Cosco Shipping is said to be orchestrating a string of 23,000 teu ships for its Hong Kong-based unit on the...
Crew evacuated after fire on VLCC off Sri Lanka The vessel, which is operated by New Shipping, was carrying crude from Kuwait to Paradip port on India's east coast...
Missing livestock carrier: Survivor says vessel sank in typhoon A rescued seafarer says he is the sole survivor from the Gulf Livestock 1 which is said to have capsized...
Investors advised to look to shipping tech There is a dire need for committed funds for technology to improve shipping, TCC Group chairman and chief executive officer...
Frontline chief eyes VLCCs as next investment The company's chief Robert Macleod expects tanker rates to rise once oil demand returns. He also noted that a low...
Letter to the Editor: Let's salute merchant seafarers The seven seas are an unforgiving environment and heavy seas, storms, hurricanes and danger are ever present. Over 100 merchant...
IMO's Arctic fuel ban projected to be largely ineffective The International Maritime Organization has developed draft ban on the use of carriage of heavy fuel oil in the Arctic Sea...
LNG shipping sees post-pandemic rebound Supply outages and demand recovery in Asia boosted LNG spot prices in the region, opening up arbitrage opportunities for trades...
Daily Briefing Free to read: Tanker rally muted as stocks curb crude seaborne shipments | 'We are calling for help' to end migrant...
FSL taps Chinese leasing firm for twin LR2 sale-and-leaseback deal The two long range two product tankers are being constructed at Cosco Shipping Heavy Industry. FSL Trust said it had...
PSA signs Singapore terminal deal with HMM PSA will have the majority stake but no investment, operational or capacity details were revealed and the deal is subject to...
Singapore learns how to adapt to shipping's new normal Monetary Authority of Singapore managing director Ravi Menon said resilience must be built up in the supply chain, in industry...
US west coast risks losing more import trade to Canada Capacity expansion projects already under way could provide Prince Rupert and Vancouver with 'the physical ability by 2022 to divert...
Shippers file claim over alleged Iranian petroleum cargoes seized by US The US claims that Iran used Mobin, Oman Fuel and Sohar Fuel as fronts to mask the shipping of fuel...
Supertanker spot rates are crashing down to 'opex' levels Crude-tanker rates on the benchmark Middle East-Asia run are now deep in the red.
Emirates brings back A380 super jumbo jet, more routes Some people call it the Flying Forehead. The A380 is a double-deck plane that airlines quickly parked when the coronavirus destroyed travel demand. Now, Emirates...
DOT rolls out National Freight Strategic Plan National Multimodal Freight Network expected to be released later this year.
United Cargo spared brunt of airline's job cuts No part of United Airlines was spared from job cuts announced Wednesday, but the cargo division's roughly 50 job losses are far fewer than those...
Nippon Express completes acquisition of Indiana 3PL MD Logistics, a specialist in handling temperature-controlled pharmaceuticals, will operate as a subsidiary of the Japanese logistics services provider.
Disaster fallout: How global shocks are reshaping trade McKinsey warns that global shocks will become more frequent and shippers must improve the resiliency of their supply chains.
Bunker fuel availability tightens at Rotterdam: sources Availability of bunker fuel at the Dutch bunkering hub of Rotterdam has become limited, market sources have said.
Singapore 10 ppm gasoil/marine fuel 0.5%S spread at 15-week low amid rising gasoil supply The spread between Singapore 10 ppm sulfur gasoil and marine fuel 0.5%S narrowed to a 15-week low Sept. 2 amid rising supply and deteriorating demand for gasoil.
TENDER DATA: Taiwan's Formosa sells 40,000 mt 180 CST HSFO for Sept. 19-21 The company last sold 40,000 mt of bunker-grade 180 CST fuel oil with maximum 3.5% sulfur via a tender for loading over Aug. 10-12 from Mailiao, at a single-digit discount to MOPS 180 CST HSFO assessments, to Gunvor, market sources said.
Fujairah Sept ex-wharf marine fuel term talks muted amid oversupply: trade There are still no clear price indications for Fujairah ex-wharf term 0.5% sulfur marine fuel price for September, as traders struggle to clear their existing inventories amid ample supply, sources said Sept. 3.
Demand for HSFO at Singapore rising as more scrubbers fitted Singapore has seen a rise in demand for high sulfur bunker fuel of late from the growing number of ships that have completed scrubber installations, given the limited availability of the grade at smaller ports, market sources said.
China's rising fuel oil exports narrow Zhoushan-Singapore marine fuel 0.5%S price spread An increase in Chinese fuel oil exports for bonded bunkering since a tax rebate that came into effect Feb. 1 has narrowed the marine fuel 0.5%S price spread between Zhoushan and Singapore.
VLSFO availability still in flux as market adapts to IMO 2020: bunker suppliers The availability of 0.5%S fuel oil or VLSFO is seeing ongoing changes across the world as the supply-side of the bunker industry continues to adapt to the new IMO 2020 landscape, according to bunker suppliers.
REFINERY NEWS: Greece's MOH reports lower H1 throughput on Q1 maintenance Greece's Motor Oil Hellas said that its Corinth refinery processed 4.042 million mt of crude oil in the first half of 2020, down from 4.696 million mt in the year ago period, mostly due to the scheduled maintenance in January and February.
ARA diesel, gasoil stocks drop 5.7% on week to 2.513 mil mt: Insights Global Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub fell 5.7% week on week to 2.513 million mt as of Sept. 2, Insights Global data released Sept. 3 showed.
OIL FUTURES: Oil edges lower but buoyed by faltering US dollar Oil futures settled slightly lower Sept. 3 as the market searched for direction amid uncertain demand outlooks and a sharp decline in equities.
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