Ingalls Shipbuilding awarded $1.5 billion contract for construction of LPD 31 Huntington Ingalls Industries (NYSE: HII) reports that its Ingalls Shipbuilding division has received a $1.50 billion fixed-price-incentive modification to a previously awarded contract for the procurement of the detail design and construction
Hornbeck Offshore to file for Chapter 11 Covington, La., based Hornbeck Offshore Services (OTCQB:HOSS) plans to file for Chapter 11 bankruptcy protection. In a Form 8K dated March 31, the company reported that it and certain of its subsidiaries
Fatigue seen as factor in accident involving two Kirby Inland Marine towboats The National Transportation Safety Board has issued its report on a March 2019 incident involving two 1968-built Kirby Inland Marine towboats, the Dixie Vandal and the Trinity. At 0408 local time on
Navy awards Swiftships $50.1 million for four more landing craft Swiftships LLC, Morgan City, La., has been awarded a $50,144,904 modification to a previously-awarded contract that exercises an option for the construction of four LCU 1700 class Landing Craft Utility (LCU) transportation
Laborde named East Coast distributor for Mitsubishi marine engines Mitsubishi Turbocharger and Engine America has named Covington, La., headquartered Laborde Products as the new distributor for the East Coast of the United States for Mitsubishi Marine Engines. Laborde Products was already
Force majeure doesn't get ship operators off the loan repayments hook British-based shipping companies are in principle eligible for government coronavirus support schemes, say lawyers, but unfortunately few seem to have...
Bankers go easy on owners as coronavirus bites - at least for now Lenders won't necessarily be more reasonable, but coronavirus should make them more pragmatic, more resigned, and ready to recognise the...
The week in charts: More blank sailings, China shows early signs of recovery There was a considerable jump in the number of blank sailings announced on deepsea trades this week, while the Baltic...
Chinese lessors warn on rising shipping defaults But bank-backed leasing houses are said to be financially confident as they can tap the inter-bank market for liquidity rather...
Singapore exempts maritime from virus-linked suspension Prime Minister Lee Hsien Loong said the suspension would not apply to economic sectors deemed 'strategic' or that 'form part...
Antwerp prepares for crisis and beyond Box ports may face changing supply chain needs in a post-coronavirus world
The Lloyd's List Podcast: Piracy in a time of coronavirus West African pirates clearly didn't get the memo on social distancing. Undeterred by the global coronavirus pandemic, piracy is still...
Norway's shipowners braced for 35% revenue hit and lay-offs Passenger shipping expected to be hit the most, with a 90% drop, as offshore faces even tougher year compared to...
Yilport's US investment plans delayed by red tape and coronavirus After losing out in the bidding for Long Beach Container Terminal in southern California, Yildirim Group chairman Robert Yildirim has...
Update: Lloyd's List magazine The Lloyd's List magazine will be distributed digitally for the next three months
Capacity reductions set to stay New wave of cuts likely as China export demand falls
Dynacom confirms orders for seven tankers in China After lengthy talks, a pair of VLCCs at Dalian and five suezmaxes at New Times are going ahead, says Greek...
Freight forwarding in the virtual office In the coronavirus lockdown, video conferencing has come to the fore in the relationship building that forwarders rely on
Register now for the Lloyd's List Future Fuels Webinar Join shipping and bunker industry experts to discuss how the sector will fuel its future and what businesses can do...
MOL renames tanker management arms The Japanese shipping giant reported a $146m extraordinary loss last week after coronavirus hit its bulker and containership business
Daily Briefing Free to read: Bahri brings in more VLCCs as Saudi oil cargoes head out | Capacity crunch risks return of...
CDB Leasing orders $188.9m ultramax octet Chinese lessor intends to charter the newbuilds to an independent third party upon delivery
Keppel closes some shipyard operations over coronavirus cases There are four known cases. Employees working on the Liza Unity FPSO and the Coral South turret project are said...
Southwestern US ports back to normal after coronavirus alert Two dispatch halls had to be closed for cleaning and sanitising on Wednesday night, creating a labour shortage on the...
FreightWaves Flashback: Motor carrier finds private telephone network way of the future We take a look back at the state-of-the-art technology that streamlined trucking in 1961.
Roller-coaster ride goes on for crude-tanker stocks Tanker shares fall back as crude-oil prices surge. What comes next?
American Trucking Associations: 'The second quarter is going to be terrible' Bob Costello expects many trucking companies to go out of business before the economy recovers from the recession caused by the coronavirus pandemic.
Airlines continue to rationalize networks amid collapse in travel Airlines are in survival mode and could permanently rid themselves of older aircraft in effort to help financial recovery.
Port of LA leader tasked with lifesaving logistics for city Mayor taps Gene Seroka to locate and deliver medical supplies critically needed during coronavirus pandemic.
Ocean cargo continues to flow to the Port of Alaska Despite COVID-19 concerns, the Port of Alaska and ocean carriers calling Anchorage insist that ships loaded with containers will continue to arrive on schedule.
Delta Air Lines to manufacture face shields Dealing with a crisis requires innovation and Delta Air Lines doing that on several fronts. Now it is switching gears and making face shields for...
Pilots raise concern with FAA about protection from coronavirus A pilot' union says airlines need to be held more accountable for protecting cockpit crews from the coronavirus, but at the corporate level all airlines...
Damco meets pandemic logistics challenge head-on No one was prepared for the global shipping disruption caused by COVID-19, but Mike Meierkort said Damco's resiliency program is "the closest thing to having...
Sinopec plant supplies first IMO-compliant fuel for bonded bunkering at Guangzhou port Sinopec's Guangzhou Petrochemical refinery in the southern Guangdong province of China has supplied IMO-compliant marine fuel for delivery to ocean-going vessels, the company said on its website Friday.
Port of Singapore to stay open for operations amid stricter steps to control coronavirus The Port of Singapore will remain open for operations even though stricter measures have been announced in the country to combat the coronavirus pandemic, the Maritime and Port Authority of Singapore said Friday.
Brazil's Petrobras sees crude, bunker fuel exports rising in May: CEO Brazilian state-led oil producer and refiner Petrobras expects exports of crude oil and refined products, especially bunker fuel, to grow in May as key trading partner China emerges from a coronavirus-led shutdown, CEO Roberto Castello Branco said.
Bunkers market bucks trend of lower ICE LSGO, follows crude up The marine fuel bunkers price bucked the recent trend of tracking ICE LSGO downwards after it followed Brent's upwards Thursday.
OIL QUARTERLY: COVID-19 weighs on European fuel oil in unexpected start to year The European marine fuel oil market has seen a turbulent year fundamentally so far, from contending with the monumental change that was IMO 2020 to facing demand destruction on the back of the coronavirus pandemic.
OIL FUTURES: Crude climbs on OPEC+ meeting optimism, but US unemployment numbers create headwind Crude oil prices jumped again Friday morning on discussions by global leaders of production cuts, but new bearish US unemployment numbers held prices down from their earlier highs.
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