LISCR hires former USCG LNG expert The Liberian International Ship and Corporate Registry has hired Dallas Smith as its Director of LNG and Offshore Technology and as General Manager its new Houston office. Smith brings over 20 years
Waterways Council, Inc. elects new President & CEO The Board of Directors of Waterways Council, Inc. today unanimously elected Tracy R. Zea as the organization's new President and Chief Executive Officer. He will assume the new duties effective today. With
Newcastlemax loads record met coal cargo at Port of Mobile Though U.S. barge lines may be carrying less thermal coal used for electricity generation these days, metallurgical coal shipments remain healthy. Where's it all going? The answer is that much of it
Halter Marine marks milestones in Navy berthing barge program Halter Marine Inc., Pascagoula, Miss., has launched the first two in the series of Auxiliary Personnel Lighter-Small (APL(S)) berthing barges it is building for the U.S. Navy. In other milestones in the
ClassNK joins maritime cyber risk management group MTS-ISAC ClassNK has joined the Maritime Transportation System Information Sharing and Analysis Center (MTS-ISAC). Set up in February this year, MTS-ISAC promotes and facilitates maritime cybersecurity information sharing, awareness, training and collaboration efforts
VIDEO: Fast and versatile workboat joins Jetwave fleet Now at work in Port Hedland, Western Australia, the 9.8-meter aluminum workboat Jetwave Nelson Point is the latest addition to the fleet of around 30 specialized vessels operated by Jetwave Marine to
Tanker gloom forecast for 2021 as dry bulk booms The global energy surplus is seen dragging on earnings for crude and product tankers even though oil demand is recovering...
Summit to address crew change crisis faces calls for action More flights are opening up to get seafarers home, says Global Marine Travel on a webinar
West of England says diversification strategy is 'all for now' 'We don't think reinventing the wheel and trying to compete in established sectors of the market is the way to...
Hafnia seeks dialogue after Ardmore rejects 'takeunder' The two companies' chief executives open up on the failed merger attempt that would have created the world's large product...
EU emissions reforms leave much still to play for Shipping will have to submit to new EU regulations and controls on emissions. Exactly when and how are unclear
Panamaxes enjoy gains as capesize cargoes are split The average weighted panamax time charter on the Baltic Exchange rose to the highest level in just over eight months
CMA CGM tightens rules for shipping protected species The company will require export permits from shippers under a convention on carrying endangered species
Weekly briefing: Doubts over containers 'peak' season; uncertainty in dry bulk The second quarter of 2020 will be one of the worst ever for container shipping in terms of volume, yet...
World boxship fleet update: A long road to rebalancing Scrapping is on the rise but will not reduce tonnage enough to affect the idle fleet
Dalian port to take over rival Yingkou in a $2.4bn share swap Deal is part of China's grand strategy to consolidate the country's port industry pestered by overcapacity and slowing economic growth
MSC refutes carbon ranking claims Container line criticises 'incorrect and misleading' claims in environmental report
Cruise lines delay new deliveries and plan for post-pandemic passenger safety Cruise giants Carnival and Royal Caribbean have pushed back the launch of new ships into 2021 as they continue to...
China Navigation hives off dry bulk division into separate business The company felt it was the right time to establish Swire Bulk as an independent entity in order to provide...
Japan's sustainable future: Born in Tokyo, raised globally One of maritime's most impactful and important countries begins to organise its response to the decarbonisation challenge
Daily Briefing Free to read: Crew welfare crisis: Less than one third of seafarers repatriated | China LNG imports claw back coronavirus...
Hong Kong tightens crew change policy as infections rise The draconian rule that all entering seafarers take a swab test might require some logistical adjustments for shipping firms to...
Car carrier totaled, to be removed from JAXPORT Cause of blaze at the Blount Island Marine Terminal remains under investigation.
Russian airline completes massive airlift of medical supplies for France Russian airline Volga-Dnepr, whose planes are commonly associated with transporting heavy equipment, spent the past three months ferrying tons of medical supplies from China to...
Commentary: COVID-19 severely impacts the 'Blue Economy' Lori Ann LaRocco illustrates the disruption to global trade by profiling what has happened at the Port of Miami since the coronavirus pandemic began.
Amazon to power cargo jets with sustainable fuel Amazon uses a lot of energy and emits a lot of pollution, but it is taking aggressive steps to be eco-friendly. Case in point: Amazon...
Freight, economy may not rebound in lockstep post-pandemic, report says A study looking at U.S. recessions over a 30-year period suggests freight and the overall economy may rebound according to different timetables after the pandemic.
US DATA: EIA says total US diesel stocks increase to record high US ULSD stocks rose 3.55 million barrels to 164.23 million barrels in the week that ended July 3, US Energy Information Administration data released July 8 showed, the highest such inventories have been since the agency began recording the data in the week that ended April 9, 2004.
OIL FUTURES: Crude edges higher as market mulls improved US product demand, large stock build Crude futures edged higher July 8 on the heels of a mixed US inventory report that showed both crude stocks and refined product demand on the up last week.
Rising 380 CST bunker fuel demand to support values in Japan, South Korea A rise in demand for 380 CST high sulfur bunker fuel was expected to support the high sulfur fuel oil market in Japan and South Korea in July, market sources said.
Singapore August ex-wharf marine fuel term indications fall on oversupply Singapore's ex-wharf term price indications for August-loading 0.5% sulfur marine fuel fell to a discount of $40-45/mt to the Mean of Platts Singapore 10ppm gasoil assessments amid oversupply of low sulfur bunker fuel, sources said on July 8.
China LSFO imports to fall in H2 as refiners strive to meet export quotas: sources Chinese imports of low sulfur marine fuel for domestic bonded bunkering are expected to drop significantly in the second half of the year as refiners raise production in order to meet their export quotas, market sources said July 8.
JAPAN DATA: Oil product stocks nearly flat at 61.26 mil barrels July 4 Japan's total refined oil product stocks came in at 61.26 million barrels on July 4, down 0.1% from 61.30 million barrels the previous week, the Petroleum Association of Japan said July 8.
Repsol's Q2 upstream production falls to lowest since 2015 Spanish integrated energy group Repsol reported July 7 that its upstream oil and gas production in the second quarter fell 8% year on year to 640,000 b/d of oil equivalent -- its lowest quarterly total since the 2015 purchase of Talisman -- with Libyan interruptions weighing on the total.
Singapore Aug-Sep 10 ppm sulfur gasoil spread flips to contango as prompt demand softens The Singapore August-September 10 ppm sulfur gasoil derivative timespread flipped to contango at the close of the Asia trade July 7 as a slowdown in prompt regional demand weakened the overall gasoil complex, market participants said.
Singapore 380 CST HSFO prompt structure flips into backwardation on firmer demand Fueled by strong demand in late June and July, the Singapore 380 CST high sulfur fuel oil balance July/August swap spread flipped into a backwardated structure of $1.55/mt on July 7 -- the first time in four months, S&P Global Platts data showed.
Russian, Chinese presidents discuss increasing hydrocarbon cooperation Russian President Vladimir Putin discussed increasing hydrocarbons cooperation with his Chinese counterpart Xi Jiping July 8, according to a statement posted on the Kremlin website.
US crude exports drop amid pressured Northeast Asia arbitrage US weekly crude exports fell to their lowest level November last week, according to US Energy Information Administration oil data July 8, as arbitrage incentives to Northeast Asia have eroded.
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