Hong Kong aims to be global crew change hub BIMCO reports that, following several discussions with the Hong Kong Shipowners Association, the administration in Hong Kong is allowing conditional but unrestricted crew change in Hong Kong. According to information provided by
VIDEO: Drone tank inspection takes another step forward Remote drone inspection technology continues to grow in sophistication and capabilities. In the recent inspection of a 19.4 meter high oil tank on board an FPSO in Norway, the video shot by
John T. Myers Locks and Dam set for July 8 closure The U.S. Army Corps of Engineers Louisville District reports that, due to scheduled maintenance and repairs, the main (1,200-foot) chamber at John T. Myers Locks and Dam on the Ohio River at
Wilhelmshaven FSRU to have GTT containment system Paris-headquartered LNG containment system specialist GTT says it has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) for the equipment of the new 26,000-cubic-meter floating storage and regasification unit (FSRU)
Wake Media's Steve Parks dies at 45 U.K.-based maritime public relations specialist Steve Parks, 45, founder and managing director of Wake Media, passed away suddenly on Sunday, June 7. Parks started his maritime publishing career with Shipping World &
Havila mulls options following early redelivery of PSV In another sign of tough times in the North Sea OSV market, Norway's Havila Shipping ASA reports that Shell UK Limited has redelivered the PSV Havila Crusader early. Havila says that the
Conrad Shipyard wins Great Lakes Dredge and Dock newbuild TSHD contract Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has signed a contract with Conrad Shipyard for the construction of a 6,500-cubic-yard-capacity trailing suction hopper dredge. Delivery is expected in the first quarter of
GoodBulk posts loss despite 'outperforming' capesize market The dry bulk market has seen 'encouraging signs' in recent weeks as China's industrial activity in ferrous metals has regained...
EU database for shipping emissions rules gets Greens approval Greens MEP Jutta Paulus insists EU Monitoring, Reporting and Verification document is best available data source, but recognises its instability...
Port of Gothenburg sees some car volume recovery Imports have risen since the end of April, but not as much as exports
From the News Desk: Crunch time for crew changes Senior industry figures have expressed their dismay at the slow uptake of the protocols published over a month ago outlining...
Global steel demand to shrink 6.4% this year The expected sharp drop in steel demand this year will be mitigated by a faster recovery in China, which should...
Detention and demurrage calculator reveals hidden costs Daily charges that can add up to thousands of dollars vary significantly by carrier and location
Evergreen and Yang Ming set to receive state-backed loans Yang Ming chairman expects the carrier to trim its losses in the second quarter of the year and to fare...
Lloyd's List magazine: Shipping in the post-coronavirus era Although the impact of the health crisis will weigh heavily on the shipping in the upcoming years, positives will be...
Maersk's sustainability chief to stand down Mr Kornerup Bang will leave at the end of June as Maersk seeks to cut costs
US west coast box ports continue to lose market share Labour disputes, regulation and a lack of investment blamed for shift in container volumes to alternative gateways
Daily Briefing Free to read: Does China's security law threaten Hong Kong's shipping charm? | Slow adoption of crew change protocols is...
Stellar Banner declared as constructive total loss The Brazilian navy will supervise the wreck removal operation
Hong Kong further eases crew change restrictions Relaxation of restrictions follows negotiations between local shipping community and the government because the previous exemption was deemed insufficient to...
Safe Bulkers clinches five-year charters for panamax trio Announcement of new charters comes as Safe Bulkers posts a loss for the first quarter of the year
Pompeo declares end to 'generous delay' of sanctions against Iranian ships Two tankers on the list - Clavel and Petunia - recently delivered Iranian gasoline to Venezuela in violation of sanctions on both...
Containerised import figures suggest US pandemic is easing Recovery will be slow and not kick in until 2021, with cargo volumes continuing to decline in the second half...
Equinor sets carbon target for marine fleet The oil and gas producer has tankers that burn LNG on hire already and is set to embark on large-scale...
Awilco Drilling terminates semi-sub rig contract at Keppel The rig was ordered for $425m in 2018, while in 2019 Awilco Drilling exercised an option for another similar semi-sub
Longshore unions across nation pay tribute to George Floyd Peaceful protests and work stoppages take place on day of burial
Cargo revenues buoy airlines amid $84b loss for 2020 Airlines continue to send out SOS distress signals. The industry's main trade association says profit margins will drop 20% this year, but the increased reliance...
China has become an even bigger US import source post-COVID COVID effects far from over, but more positive news on the trans-Pacific.
CMA CGM reports $48 million profit, receives $1.18 billion loan French carrier trumpets its resilience and agility during coronavirus crisis
Fednav shores up maritime operations Canada's largest privately owned bulk carrier said combining its maritime activities in a single department will improve efficiency and better prepare it for a post-COVID-19...
'Ghost' freighters provide marginal boost to shippers Passenger planes are flying empty. Are there ghosts? It sounds kind of creepy. No need to worry. Airlines are simply putting their assets to use...
OIL FUTURES: Prices spike late on slow Gulf of Mexico rebound, bullish 2021 EIA report Crude oil prices spiked late June 9, ending in positive territory after trading down for most of the day, following a bullish US government report on 2021 global oil demand and news that Gulf of Mexico production was returning slower after Tropical Storm Cristobal.
BMW joins UECC, GoodShipping to advance biofuel trials in shipping German auto manufacturuer BMW has partnered with shipowner UECC and the GoodShipping Program to advance biofuel trials on UECC's roll-on, roll-off' car carrying vessels, paving the pathway for decarbonization for car carrier ships as environmental rules loom.
European LSSR strengthens on VLSFO blending despite muted bunker demand Northwest European low sulfur straight run values rose sharply June 8, following a competitive bid in the Platts Market on Close assessment process.
External: Global Risk Management
Repsol expands VLSFO offer to 15 Spanish ports
Fujairah's fuel oil exports fall to 18-month low with supplies held in storage "Fuel oil in Fujairah storage will see seasonal pull from Saudi Arabia, which will soon ramp up HSFO imports," Wright said.
Knutsen NYK Offshore Tankers orders ships with LNG-fueled gas supply systems The order for two new 124,000 dwt shuttle tankers was placed with Wartsila in April.
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