Fincantieri Marinette Marine to have largest shiplift in U.S. Wisconsin shipbuilder Fincantieri Marinette Marine (FMM) has signed a contract with Pearlson Shiplift Corp., Miami, Fla., to design and build a state-of-the-art shiplift system. On completion, the shiplift system will be the
Dual-fuel retrofit kit for MAN 32/40 engine completes Type Approval Test MAN Energy Solutions reports that a dual-fuel retrofit kit for its MAN 32/40 engine has successful concluded its Type Approval Test (TAT). The TAT confirmed the suitability of the retrofit kit for
Southwest Shipyard delivers TSGI-designed tank barge The Shearer Group, Inc. (TSGI) reports that Houston's Southwest Shipyard, L.P. has delivered a 250- by 54- by 12-foot, 6-inch, 23,000 BBL tank barge built to a TSGI-developed design. The barge's primary
Crowley sells 44-year old tug Shipbroker Marcon International, Coupeville, Wash., reports that Crowley Marine Services Inc. has sold its 7,200 BHP Invader series tug Hunter, to private Washington interests. Built in 1976, the tug was the 21st
Still burning cash, Carnival hopes for resumption of U.S. cruises this year In a business update released today, the world's largest cruise ship operator, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reported that its monthly average cash burn rate for the third quarter
Yanmar generator engines selected for Japanese LNG-fueled ferry duo Osaka, Japan-headquartered Yanmar Holdings has received an order from Mitsui O.S.K. Lines Ltd. (MOL) for dual fuel 8EY26LDF engines. The engines will be used to power generators on board Japan's first two
Opec sees fossil-fuelled future for shipping Marine fuel oil demand is estimated to grow by 400,000 bpd over the next five years despite decarbonisation measures, according...
IMO under pressure to bring in tougher emissions measures Calls for a carbon levy on shipping fuels are turning up the heat on the International Maritime Organization, which is...
Opec forecasts stagnant crude oil trade over next decade Oil cartel's World Oil Outlook 2045 signals any post-pandemic recovery in oil demand at least two to three years away
BW Group invests in biogas tech company BW Group, which controls the world's biggest gas carrier fleet, becomes a major shareholder. The investment is the latest by...
Health crisis reveals digitalisation's uneven adoption The IMO wants to leave no company behind but the uptake of digitalisation is uneven, while lack of cyber awareness...
NSB continues Asia push with new Singapore shipmanager Pacific International Lines stalwart Panneer Selvam hired to head operation
Giuseppe Bottiglieri Shipping sees in new management In a statement, the new management team of the dry bulk owner based in Italy has been announced, reportedly replacing...
World boxship fleet update: Engines and economics put orders on hold Container shipping is going through a boom period despite ongoing concerns over the direction of the pandemic. But instead of...
Singapore bunker sector to take measured path to digitalisation While bunker industry players in the top global bunkering centre agree that digitalisation is central to preparing for the future...
Oneglobal's SSL Endeavour registers at Lloyd's Registration enables the Cyprus team to conduct open market business with Lloyd's underwriters and to place delegated underwriting authority business...
Torm study finds SOx emissions drastically lower using scrubbers The study, compiled by independent consultant Niels Bjorn Mortensen, was based on analysis of operations from 29 ships with data...
Trade imbalances put pressure on equipment availability High demand for e-commerce goods and medical equipment is leading to high export levels from Asia. But finding containers to...
LNG bunker tie-up seeks to service east-west trades The network 'will combine global commercial offerings with regional operational expertise and bring further momentum to the emergence of a...
Daily Briefing Free to read: LNG bunkering expansion not hindered by methane slip concerns | Dishonesty in collision case evidence now increasingly harder...
Asia Pacific forums focus on digitalisation in shipping and the economy China, the main engine of economic growth in the Asia Pacific region in recent times, faces challenges such as the...
Matson signals higher results amid transpacific demand The Hawaii-based company credit its expedited CLX and CLX+ China-focused services for the better results
Pyxis Tankers raises $5m selling preferred shares, warrants Funds could be used to pay down debt or expand the fleet
Brazil emerges as a top growth market for crude and product tanker trade The South American country hikes crude output despite Covid-19, and its fuel consumption is recovering amid domestic refinery woes
Barry Rogliano Salles CEO elected chairman as Tim Jones retires Jones has chaired the Paris-headquartered shipbroking group since 2014
V.Group rings the changes at German shipmanagement desk Ulla Eithz Nielsen takes the reins at Hamburg-based shipmanagement unit
Carnival 'optimistic' on 2020 return to US sailing despite losing $8bn this year so far It confirmed a $2.86bn loss for the third quarter and still does not know when its entire fleet will operate normally
Pyxis Tankers launches share sale effort, hopes to raise $5m Funds could be used to pay down debt or expand the fleet
Ince launches new consultancy in Abu Dhabi London-lised Ince Group is building up its consultancy arm with a new base in the Middle East
Olympic Subsea aims to seal $300m restructuring in a week Talks ongoing over debt deal after Stig Remoy company stretched standstill period
Offshore owners 'confident' as spot PSVs fall to lowest this year But brokers warn that other vessels are returning to tight North Sea region
Trio of Chembulk tanker veterans launches own commercial mission Sage Tanker Partners combines decades of experience with appeal to owners overlooked in market consolidation
NSB poaches PIL fleet manager Panneer Selvam for Asian push Experienced manager to run new Singapore office as German group looks to expand further
Glencore unit linked to surprise VLCC storage deal in Singapore Lukoil's trading arm relet the 2004-built DHT Lake for a short-term deal at $25,000 per day
Mercy Ships needs crew just as urgently as it needs funds for work in Africa Charity has waiting list for medical staff wanting to volunteer but struggles to find engineers and seafarers
Major charterers speak out on cutting carbon emissions Heads of shipping for the 17 global charterers and operators that are the founding signatories of the Sea Cargo Charter explain why they have committed publicly to cut greenhouse gas emissions
Cruise lines may need billions to get global fleet back on the move Estimate of up to $15m each to return ships to service after prolonged idleness
Genting and Royal Caribbean to relaunch Singapore cruise operations Cruise majors both announce a Singapore restart but their ships will be going nowhere
Tufton Oceanic sees its value grow in strong boxship market UK shipowner says its net asset value has increased over the third quarter
OIM signs deal for first LNG-fuelled wind turbine ship Norwegian group orders new eco-design at CIMC Raffles in China
'Stellar' Stolt-Nielsen profit shows chemical tanker rebound Norwegian owner beats analyst forecasts as costs fall due to lower fuel prices
Pavilion Energy and Gasum team up on LNG bunkering New partners plan to develop global supply networks with Singapore buyer eyeing other hook ups
Seafarers trapped on ships but footballers roam free? Travel restrictions cast inequalities for crew members
MPP optimism blooms over growing renewable-sector prospects Will renewables rescue the multipurpose segment from the downturn in the oil and gas sector?
Stolt-Nielsen says chemical tanker momentum growing as profit surges Norwegian owner beats analyst forecasts as costs fall due to lower fuel prices
Castor Maritime fixes latest acquisition for up to 14 months Cypriot owner says panamax Magic Horizon will earn $11,000 per day
Arctic Securities targets German shipping sector with new Hamburg office Norwegian investment bank raids German rival Berenberg for latest recruits to expand European offering
Procopiou sisters: Siblings move centre stage Quartet of siblings take control of divisions of their father's sprawling group
Is the time finally right for electronic bills of lading during pandemic? Delays and security questions may give impetus to owners' usage of time-saving technology
Silo thinking must break down for ports to benefit from new tech Port orchestration and carbon-cutting technologies need shipping to shed resistance to data sharing and collaboration
Arctic's very survival relies on shipping saying 'nyet' to the NSR The Arctic region needs special protection more than unrestrained economic development, despite all of the recent shipping projects that could spell both opportunity and doom
Japan's great ore carrier clear-out picks up pace Three more vessels touted for sale in tonnage disposal following Wakashio disaster
Average capesize rates predicted to peak in October, before declining IHS Markit says current rally in rates for large bulkers caused by short-term positional factors
Can green shipping scheme lick 'herding cats' dilemma? Banks, charterers, shipowners and governments want to clean up ocean transport. Not necessarily in the same way.
Mesa Airlines makes first cargo flight for DHL Mesa Airlines and DHL reach a big cargo milestone.
Industry groups ready responses to FMC's ocean carrier pricing review The U.S. Federal Maritime Commission wants to learn the extent of allegations that ocean carriers are targeting noncontracted service providers for freight payment.
21 Air gets creative, adds capacity with passenger freighter 21 Air is a small cargo airline that wants to expand but can't afford new aircraft. So it's acting as a sales agent and partnering...
ANALYSIS: Asia-Pacific tankers' freight outlook weak for Q4 on poor demand Asia-Pacific tankers' freight will likely remain weak during the final quarter of 2020 due to subdued demand and even the usual Northern Hemisphere winter and floating storage is unlikely to provide significant support.
US Gulf Coast LNG, oil and gas producers all coming offline ahead of Hurricane Delta US Gulf Coast LNG producers were shutting down or making emergency preparations Oct. 8 ahead of Hurricane Delta now that most of the US Gulf of Mexico's oil and gas flows have already come offline as the storm treks through the Gulf.
ARA diesel, gasoil stocks rise 4.3% on week to 2.887 mil mt: Insights Global Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub increased by 4.3% to 2.887 million mt as of Oct. 7, Insights Global data released Oct. 8 showed.
Singapore gasoil-Dubai crack hits 6-week high on expectations of supply tightening The front-month Singapore 10 ppm sulfur gasoil swap spread against the Dubai crude swap hit a six-week high at the Asian close Oct. 7 on expectations of regional supply tightening as refiners move to maximize kerosene output for winter.
HSFO bunker barge availability tight in Singapore after typhoons delay vessels The availability of bunkering barges is limited in Singapore amid vessel delays following two recent typhoons in Japan and South Korea, market sources said Oct. 8.
Asia's maiden hydrogen trade flow routes to feature Australia, northeast Asia Asia may witness some of the initial hydrogen trade flows from Australia to Japan and South Korea, the two countries in the region that have rolled out long-term plans for the clean fuel, which analysts and market participants said have to be largely met through imports.
More than 90% of Gulf oil offline as LNG plants, refineries prep for hurricane More than 90% of crude oil production in the US Gulf of Mexico was offline Oct. 8 in advance of Hurricane Delta as LNG plants and refineries shuttered or hunkered down in advance of the storm's anticipated landfall on Oct. 9 in southwestern Louisiana.
OIL FUTURES: Oil climbs as US, Norway production woes threaten supply outlook Oil prices settled higher Oct 8. as lowered crude production in the Gulf of Mexico and Norway tightened near-term supply outlooks.
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