Middle River Marine to expand Illinois River fleeting space Mokena, Ill., based Middle River Marine reports that it recently received permitting from the US Army Corp of Engineers, Rock Island District to add an additional 100 plus fleeting spaces on the
Comfort receives supplies to support coronavirus response Medical care providers aboard the Military Sealift Command hospital ship USNS Comfort (T-AH 20) yesterday received critical supplies in support of COVID-19 response efforts in New York City. The Comfort was originally
Metal Shark increases law enforcement market share Jeanerette, La., headquartered shipbuilder Metal Shark is gaining increased popularity among law enforcement agencies. It has recently added 20 new customers and has over 35 welded aluminum law enforcement vessels either recently
Boskalis acquires Ardent Americas Papendrecht, Netherlands, headquartered Royal Boskalis Westminster N.V. (Boskalis) reports that it has acquired maritime emergency response specialist Ardent Americas LLC. Ardent Americas is a leading provider of OPA90-mandated marine emergency response services
Crowley develops concept for rapid response medical support barge Crowley Maritime Corp. has developed design and operations capabilities for rapid response medical support barges to serve government and commercial providers delivering aid related the novel coronavirus (COVID-19) crisis. Based on Crowley's
European Commission calls on EU states to designate ports for fast-track crew changes The European Commission yesterday issued guidelines to European Union member states on the protection of health, repatriation and travel arrangements for seafarers, passengers and other persons on board ships during the COVID-19
Intercargo vents frustration with RightShip's new management benchmark Dry bulk owners' body warns of 'unwelcome' duplications as its own self-assessment scheme for sector nears industry-wide consultation phase
P&I loss prevention faces higher workload linked to virus 'Every member I speak with has an inbox full of opinions on coronavirus, but it's about turning the volume of...
Coronavirus crisis seen as expediting digitalisation push The virus is sure to spur greater interest in adapting digital solutions, according to Allcargo Logistics chairman and founder Shashi...
Nautilus protests at Condor Ferries cost cuts The union complains at the imposition of 'punitive measures without proper consultation with employees'
Commercial shipping's future could be in the air Among the many zero-emission propulsion projects under development, Airseas' Seawing appears the most unconventional. The first use by an Airbus...
EU pushed to select ports for crew changes The European Commission is urging member states to help fast-track crew changes and offer accommodation and transport services to seafarers
The week in charts: West coast container throughput drops, latest shipbuilding forecast Coronavirus is delivering a severe shock to the US supply chain, as the latest figures for Long Beach and LA...
Singapore bunker industry thrives on regulatory controls Ports in the Amsterdam-Rotterdam-Antwerp region want to emulate Singapore's success. They want to set up a licensing scheme and follow through...
Best of both worlds as Baltic Exchange expands in Asia The role of Singapore and its maritime cluster has been highlighted as an advantage of the linkage between the Baltic...
Ardent seeks saviour as Boskalis snaps up salvor's US arm It was not immediately clear whether further consolidation may follow involving other parts of Ardent's operations
More container service cancellations likely The health crisis has also led to the delayed launch of several new deepsea services
Carriers take action as congestion looms Major container shipping lines are urging shippers to hold on to their cargo or move it quickly off-terminal in an...
Armateurs de France elects Sauvée as president New head of AdF hails shipping's values of 'solidarity, professionalism, pragmatism and constant dialogue with all stakeholders' in face of...
Stena Line ends Sweden-Germany route to cut costs The route used to draw 300,000 passengers a year, but freight volumes and train traffic have declined
Daily Briefing Free to read: Don't let coronavirus take down ferry companies | P&O Ferries claims survival at risk without major cuts...
Ren Yuanlin hands over reins of Yangzijiang Shipbuilding Executive chairman says he will take an advisory role after stepping down from the helm while letting the younger generation...
India lockdown has hit shipping significantly, says IR class chief Remote inspections have become the new reality for the Indian Register of Shipping
The going gets tougher for LNG sector Poten & Partners' Melanie Lovatt suggests that buyers in southern Europe may also seek to defer cargo deliveries given the...
Two supply chain 'shocks' dent container throughput at Los Angeles Volumes for the first quarter of 2020 are down 8.5% compared with 2019, while 449,568 teu in March represents the...
Substituting cargo for passengers becomes mainstream business for airlines The idea of using passenger planes as freighters would have been considered farfetched in February since the main deck can't be loaded with large pallets....
Singapore 10 ppm sulfur gasoil cash differential plunges to record low on supply glut, anemic demand A supply glut and anemic demand has sent the FOB Singapore 10 ppm sulfur gasoil cash differential plunging to a record low, with the benchmark ULSD grade closing the Asian session Wednesday at a discount of $2.14/b to the Mean of Platts Singapore Gasoil assessment, FOB.
Atlantic Supramaxes face calm as global demand evaporates Coronavirus is set to hit the Atlantic dry bulk market in its weakest spot, demand.
UAE's ADNOC to sell 0.5% sulfur LSFO regularly from Ruwais: traders Abu Dhabi National Oil Co. plans to sell low sulfur fuel oil with maximum 0.5% sulfur regularly from its Ruwais refinery after it sold a cargo for April loading, according to traders.
OIL FUTURES: Crude prices fall after OPEC+ agrees to cut 10 million b/d Crude prices fell late Thursday after a modest deal from OPEC+ to cut oil outputs by a combined 10 million b/d failed to convince traders the reductions are enough to offset the much larger demand collapse caused by the coronavirus pandemic.
INTERVIEW: OPEC cuts not enough, but G20 deal could stabilize oil prices: Pioneer CEO An OPEC+ deal to cut 10 million of oil production in May and June is not enough to counter plunging global demand, but an agreement for further cuts by G20 members could help stabilize oil prices in the mid-$20s/b, Scott Sheffield, CEO of top Permian oil driller Pioneer Natural Resources, said Thursday.
Crude prices slide as 10 million b/d OPEC+ cut fails to impress market Crude futures fell Thursday as an emergency OPEC+ group meeting resulted in a production cut agreement that was likely too limited in scope to compensate for the drop in global oil demand caused by the coronavirus pandemic.
FEATURE: Latin America continues to adjust to coronavirus fallout Reported cases of coronavirus continue to climb throughout Latin America and countries in the region are tightening restraints to curb the outbreak, drastically affecting economies on all fronts in the process.
Nigeria's Forcados crude exports on force majeure as pipeline shut: Shell Loadings of Nigeria's key export grade Forcados are on force majeure due to the shutdown of the Trans Forcados pipeline, terminal operator Shell said Thursday.
FEATURE: Floating products in tankers offshore comes into focus on USGC Shipping sources expect floating storage interest on the US Gulf Coast to increase in coming weeks for products with contango structures, as the coronavirus pandemic and a global flood of cheap oil have destroyed spot demand.
Race to China is on as fifth tanker carrying US LNG cargo said to be en route The tanker, chartered to BP for a spot voyage, was in the North Pacific on Wednesday, cFlow showed
India's MRPL slashes refined product output further amid coronavirus lockdown India demand is practically at a standstill since the lockdown, and refiners have no choice but to cut rates, a source said.
Singapore Marine Fuel 0.5% bunker premium hits record low ahead of OPEC+ meeting Ministers from OPEC, Russia and nine other producers will log on to a high-stakes online summit Thursday.
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