Golden Ray salvage faces delay of "several weeks" The St. Simons Sound Incident Unified Command working on the salvage of the capsized car carrier Golden Ray says that cutting and lifting operations on the wreck will be delayed for several
Top charterers agree to disclose shipping climate footprints Adding to the pressures on ship operators to reduce GHG emissions from their fleets, a group of some of the world's most significant charterers of vessels have signed a commitment to assess
Q&A: John Eckstein, Executive Chairman of Marquette Transportation Company After 30 years with Marquette Transportation Company, Paducah, Ky., John Eckstein has assumed the role of executive chairman of Marquette and transitioned his duties as CEO to the company's president, Damon Judd. In this
EPA: New vessel discharge rule in works The U.S. Environmental Protection Agency (EPA) yesterday proposed standards to reduce the environmental impact of discharges, such as ballast water, that are incidental to the normal operation of commercial vessels. When finalized,
Alfa Laval PureCool enables up to 50% methane slip reduction As pressures to reduce GHG emissions from ships grow, methane slip from LNG fueled engines could well become the target of future regulations. Though LNG produces less CO2 than conventional fuels, a
ABB's Schwarz honored with Kings Point McReady Award Edward Schwarz, Vice President at ABB Marine and Ports, has received the United States Merchant Marine Academy's Admiral McCready Award, becoming its 51st recipient. Schwarz (a 2000 Kings Point graduate) leads ABB's
IMO updates safe crew change protocols The International Maritime Organization (IMO) has updated its protocols for ensuring safe crew change during the COVID-19 pandemic. Currently, IMO says, some 400,000 seafarers from across the globe are now stranded on
Evergreen Marine appoints new chairman Change at the top at Evergreen Marine comes a few days after compatriot line Yang Ming also announced a new...
Shipping, hackers and the law With cyber crime against the shipping industry back in the spotlight, law firms and insurance companies with advice on extortion...
Dishonesty in collision case evidence now increasingly harder, says QC 'While the VDR data makes it easier to say what went on, whatever anybody says, it remains critical to get...
BPA welcomes more inclusive freeport plan The UK government has placed emphasis on freeports as a means of economic growth following both Brexit and the pandemic...
Benefits of green retrofits for older ships being 'overlooked' Retrofitting of older tonnage can reduce consumption by up to about 12% depending on ship type and can be made...
Weekly briefing: Carriers make calls on future fuels; bleak energy outlook Shipping's green efforts took several steps forward this week with announcements that container carriers are backing new fuels, while Singapore...
Charterers urged to follow IMO on emissions reporting The International Chamber of Shipping believes a new emissions reporting initiative by major charterers has 'interesting ideas' but should be...
IMO urges 'strict adherence' to pandemic rules The International Maritime Organization added recommendations to prevent infection on board when seafarers join their ships. The updated protocols come...
Changing Lanes: Container trade faces challenges beyond pandemic MDS Transmodal assesses events beyond the pandemic that are affecting the dynamics of global containerised trade, including Brexit, WTO leadership...
LNG bunkering expansion not hindered by methane slip concerns Total is one gas producer working to contain methane emitted from its upstream operations
Shortcomings dampen impact of global issues monitor The issue with the greatest impact on shipping was thought to be global economic crisis, followed by decarbonisation, and pandemics...
Global container volumes jump on unlikely peak season Latest official figures for August show container freight numbers climbing above last year for the first time in 2020 following...
Investing in shipping requires patience, say Greek owners Long-term institutional investors who understand the nature of shipping markets are what is needed rather than 'day traders' or investors...
Frontline chief Robert Macleod steps down Frontline said Macleod has decided to step down from the helm of the tanker company. Frontline commercial director Lars H...
Daily Briefing Free to read: Shipping industry expects post-pandemic economic crisis | Euronav chief backs 'gradual' carbon levy | India to surpass...
ICTSI starts operations at Cameroon port terminal The port is strategically located in the centre of oil and gas production areas in the Gulf of Guinea and...
Shipping sees off-spec fuel as a major concern Industry survey raises concerns over developments of off-spec low sulphur fuels and an increase in contamination cases
US short-term energy outlook remains uncertain The rate of global oil demand growth slowed in August and September compared with the initial recovery in June and...
Gulf of Mexico battening down ahead of Hurricane Delta Ports along the US Gulf Coast remained open as of Tuesday evening, but the US Coast Guard is scheduled to hold...
Lloyd's Register sells energy business to UK private equity The divestment of its energy business come as part of a structural review of LR's business and midway through a...
Bangladesh's Meghna back in China for ultramax quartet Company approaches three Chinese shipyards for up to four 63,500-dwt ships
Banks take back Hermitage PSV fleet at 62% of outstanding debt Tidewater outduels rival for acquisition of 11 crew boats at auction Wednesday
Bulk cargo challenges container shipping in decarbonisation contest Container industry's Clean Cargo initiative should improve emissions reporting standards and learn from Sea Cargo Charter, says researcher Tristan Smith
IMO 'ready' to talk carbon tax when member states propose it November meeting will discuss proposals for future fuels fund
BW Group pumps investment into waste-to-fuel company Ductor The Singapore shipowning giant has taken a major stake in a biotech company that focuses on fermenting waste
BP joins Getting to Zero Coalition and Global Maritime Forum Panelists at GMF meeting call for carbon tax, regulation, collaboration and leadership
Windward to help EU agency fight drugs crime Maritime intelligence company will provide predictive AI analytics to help catch smugglers in narcotics clamp down
Angeliki Frangou and her brother John square up at trial in London Trial in London this week will aim to settle the siblings' complicated business arrangements
Euronav to recycle sales cash into debt cutting and renewal Belgian tanker giant has also replenished some of the stored VLSFO on its ULCC Oceania
Sovcomflot eyes new investment after raising $550m in Moscow IPO Russian state shipowner's stock falls below offer price after debuting at lower end of expected range
Global Mercy: a happy blend of hospital ship and Stena ferry Mercy Ships' newbuilding took a long time to build as it was the first complex passenger vessel ordered in China
ShipServ seeks sustainable ship supplies system with new platform Online maritime procurement site adds green credentials to upgraded simple and secure trading system
China's hunger for iron ore lifts capesize bulker values Smaller asset-class valuations remain mostly flat amid less demand for coal and grain, according to VesselsValue
ERS Feeder Pool adds Transworld containerships in expansion drive Two feeder vessels added as German-managed pool sets sights on Asia
Unipec turns active in period charter market amid weak tanker rates Tanker market's dominant spot player seen hedging against market volatility by fixing five ships in recent weeks
Strong box rebound causes Moody's to switch stance on Maersk Ratings agency upgrades outlook to positive after owner shows resilience during pandemic
Is it time to drop the idea of annual P&I policies in turbulent times? Global Maritime Forum hears some radical views on how the shipping insurance sector needs to change during the pandemic
Founding editor's top five stories from TradeWinds' first five years Trond Lillestolen, TradeWinds' first editor-in-chief and publisher, selects the stories that shaped its early years
Clarksons brings in Sue Harris to replace director Marie-Louise Clayton Experienced finance executive will take over running of audit and risk committee at UK shipbroking group
Sea Cargo Charter: What is it? How will it affect my business? And will it work? Key questions about the new 'charterers' charter'
Shipping gains fail to keep Courage Investment Group in the black Non-maritime investments wipe out rising profits of Hong Kong company's marine transport activities
Bottiglieri family removed from historic Italian shipping company Family rumoured to be plotting relaunch after their exit from Giuseppe Bottiglieri Shipping Co
More aged tankers sold in secondhand market as earnings prospects weaken Some owners are divesting from ships aged 15 or above
Shipowners will not 'sit passively by' as African kidnap numbers rise, Bimco says Group urges Nigeria to step up efforts to safeguard seafarers as Joint War Committee extends risk zone
Cargo Day aims to keep up and widen good work raising funds for Mercy Ships Fundraisers hope to match or better last year's $1.3m this November - as new ship doubles medical capacity but also operating costs
Andy Dacy: Veteran has seen a lot of markets and he likes what's to come Banker turned investor and asset manager sees better supply-demand balance while sticking to conservative approach
Lloyd's Register sells energy business to UK fund after review Strategic rethink leads class society to see sale as best way to realise long-term growth potential of unit
Fire ravaged VLCC New Diamond said to be heading to Fujairah Reports suggest that it would be too risky to discharge the tanker at any of India's ports
Frontline CEO Robert Hvide Macleod steps down on 'very friendly terms' Trusted Fredriksen tanker executive leaves with immediate effect to look after his own investments
Zhoushan begins competition for Shanghai bunkering business Regulatory approvals plus new fuel storage capacity will let boxships at Shanghai fuel with subsidised bunkers from Zhoushan
Qingdao Yangfan resurrected with Delphis order for 5,500-teu containerships Belgian shipowner linked to order of up to six high-reefer containership newbuildings
Ocean Network Express searches for largest ships with least carbon footprint ONE sniffs out large ships from charter market but remains mum on potential mega-max order
Ocean Network Express pulls out the stops in 'roller-coaster' year Chief executive Jeremy Nixon says company has 'maxed out' on capacity and can do little more in face of surging demand
Sentosa Ship Brokers expands into India with industry veteran appointment Singapore tanker shop sees move as stepping stone to further global expansion
Singapore LNG bunkering capacity likely to hit 1m tonnes by 2021 City state also soon to launch request for proposal for additional LNG bunker supplier licences
Westport Holdings chased by Malaysia's tax man over underpaid bill Malaysian intra-Asian port disputes move and says it will appeal against any decision
CDC aims to avoid 'premature' start to US cruising Federal agency points out that Covid-19 has resurfaced on some resumed cruises
Cargill, Trafigura and Shell lead landmark move by big charterers to cut carbon pollution Seventeen major charterers commit to cut CO2 emissions from their cargo businesses through common standards in line with IMO targets.
FMC examines ocean carrier billing practices U.S. Federal Maritime Commission steps forward with notice of inquiry to evaluate alleged ocean carrier abuse of "merchant" definition for bill of lading responsibility.
Air cargo veteran White to retire as CNS president Michael White has been carrying the flag for air cargo in the U.S. for more than two decades. He will retire at the end of...
Commentary: Cargo keeps Alaska's skies very busy Air cargo traffic keeps Ted Stevens Anchorage International Airport in the same league as FedEx's and UPS' super-hubs.
Gasoil, gasoline markets key to VLSFO pricing: Integr8 Gasoil demand is expected to return to pre-coronavirus levels quicker than gasoline, but both are key factors for very low sulfur fuel oil prices in the medium term, as combined they make up over half of its ingredients, according to a webinar presented by hosted by Integr8 Oct. 7.
Indonesia's Abadi LNG project expected to start operations in 2027: Energy minister Indonesia's Abadi LNG project is expected to start operations by 2027 as the country steps up measures to attract foreign investment in its oil and gas sector, its energy minister said in the run-up to the Japan Producer-Consumer Conference 2020.
Lack of containers, high rates hurting Indian business as demand picks up: export body A lack of container availability in India is hurting the export sector and posing a "serious concern" over meeting delivery commitments to foreign buyers, the Federation of Indian Export Organisations (FIEO) said Oct. 7.
OIL FUTURES: Oil declines on US crude build, stimulus bill uncertainty Energy prices retreated Oct. 7 amid uncertainty surrounding the future of US stimulus-bill negotiations and rising US crude inventories.
Hydrogen, biofuels to form key bunker fuel options to achieve decarbonization: MSC MSC Mediterranean Shipping Co. is exploring the viability of hydrogen and fuels derived from it as a possible fuel source, and also is increasingly using biofuels within its existing fleet, the global container shipping company said in a statement.
Stronger case for scrubber retrofits to emerge after market normalizes: BIMCO analyst But even with the narrow bunker fuel price spread in the current market, investment in scrubbers are sound.
Hafnia's fuel procurement, strategies lead to smooth IMO 2020 transition: executive "For us, the decision to use LSFO has proven beneficial significantly quicker than we expected," Sorensen said.
LNG could account for 10% of global bunkering by 2030: Total Leprince-Ringuet said Total was already extending its reach into Asia and the Mediterranean.
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