J.F. Brennan wins $13.6 million USACE dredging contract J. F. Brennan Company Inc., La Crosse, Wis., has been awarded a $13,617,770 firm-fixed-price contract for dredging of Duluth-Superior Harbor. Bids were solicited via the internet with three received. Work will be
Fincantieri Bay gets ready for role in frigate contract Fincantieri Bay Shipbuilding (FBS), Sturgeon Bay, Wis., is preparing to upgrade its shipyard equipment and facilities this year to assist with work on the Navy guided missile frigate contract awarded sister yard
OSG reports profitable second quarter U.S.-flag tank vessel operator Overseas Shipholding Group, Inc. (NYSE: OSG) reported second quarter results that included net income of $6.4 million, compared with a net loss of $1.7 million for the second
Signet Maritime tug completes propulsion and maneuvering upgrades ST Engineering Halter Marine and Offshore, Pascagoula, Miss., has carried out upgrades to Signet Maritime Corporation's 10,000 bhp ocean towing tug Signet Warhorse II that included retrofitting new propulsion and maneuvering systems.
Revealed: Vessels damaged in Beirut blast Among the ships damaged by the blast is passengership Orient Queen, which listed severely to starboard in the port and...
Focus on shipping's prospects at Posidonia forum Lloyd's List will partner organisers of Greek super-event in a digitally streamed discussion scheduled for October 26
Star Bulk admits consolidation interest after new spate of sale and leaseback deals Star Bulk says it has no current need to raise further cash after agreeing sale and leaseback deals
The Lloyd's List Podcast: Nobu Su on money, law and prison The Lloyd's List Podcast is back after a summer break and this week we are talking exclusively to Nobu Su...
Jailed former shipowner Nobu Su is determined to fight on The Taiwanese former shipowner jailed in London over a long-running dispute about money owed in failed freight futures deals talks...
Beirut's container terminal to resume working ships Diversions to Tripoli are likely to be needed for a week or two but the port has sufficient remaining capacity...
Cruise sector could come to the aid of Beirut victims The cruiseship industry has been brought to a virtual standstill by the global pandemic, so why not reactivate some of...
ICS renews call for green fund to cut emissions The ICS says while the 'decoupling' of CO2 emissions from trade growth seen in the report is encouraging, efficiency gains...
Shipping joins banking on front line of sanctions enforcement 'The industry has been put on notice that Ofac and OFIS are looking closely at it,' argue Clyde & Co...
Eagle Bulk sells ageing supramax amid wider losses The sale of the 18-year old vessel, ahead of a scheduled statutory drydock, generated gross proceeds of $5m for the...
Is there a future for shipping ammonium nitrate? The full consequences of the tragic explosion in Lebanon will unfold over the coming weeks, though one chemicals industry source...
The week in charts: Lebanon needs port options for economic recovery Week in charts: The devastating explosion in Beirut resulted in hundreds of deaths and thousands injured. We look at the...
Scorpio Tankers sees market uncertainty 'for remainder of year' Company expects the future impact of the coronavirus backdrop and the uncertainty in the demand for oil and refined petroleum...
China adds four valemax berths to diversify iron ore imports Some short-term logistical impact can be expected as more valemaxes are enabled to make direct calls at the Chinese ports...
Euronav boosted by floating storage highs Euronav said the market pivoted back to 2019 levels sooner than expected
Forth Ports joins DP World for Thames freeport bid The two ports are seeking a Thames-based freeport hub close to key UK markets
Crew change costs shipowner $820,000, says ICS Exorbitant costs attached to crew transfers exemplified by the case of a crew travelling from Cote d'Ivoire to Paris, where...
Sembcorp Marine plans rights issue to 'ride out downturn' The company warned that if shareholders did not vote for the transaction to go ahead, strenuous efforts to recapitalise and...
Daily Briefing Free to read: Charterers lambasted for indifference to crew plight | Pacific Basin chief urges governments to allow crew changes...
RCL adds feeder service linking Ho Chi Minh to transhipment hubs Customers have requested the line to improve sailing frequency and connectivity between Ho Chi Minh and the two Southeast Asian...
Shipowner questioned in Cyprus about Beirut port blast Lebanon's state news agency says 16 people have been taken into custody as part of an investigation announced by the...
Australian shippers say COVID restrictions could delay container shipments Victoria and the city of Melbourne, Australia, are tightening health measures to stop an outbreak of the coronavirus. Imports and exports could get stuck at...
Hopes for shipping M&A face reality check M&A is being blocked by weak share pricing among buyers and lack of desperation among sellers.
Cathay Pacific sending planes to Australia for storage during pandemic Warm, dry weather isn't just easier on the body, it's nice for airplanes with metal frames and electronics that can deteriorate when there is too...
US Postal Service begins agency overhaul DeJoy affirms plenty of capacity for handling presidential election mail-in ballots.
Oakland Athletics takes swing at Schnitzer Steel California's Department of Toxic Substances Control is accused of failing to enforce environmental law.
Port of Beirut officials under house arrest following explosion Multiple Lebanese government agencies may have known dangerous ammonium nitrate was stored in a warehouse.
Freighters to the rescue: Korean Air posts Q2 profit Korean Air is a unicorn among passenger airlines. It made a profit in the second quarter, a remarkable feat given the depressed state of the...
FreightWaves Flashback 1960: "Walk-Through" Containers Give Maximum Flexibility The walk-through feature makes it possible to handle cargo within both containers without removing either from the chassis.
US Postal Service volumes grow 50% in face of steep loss USPS chief DeJoy says agency is in "financially unsustainable position absent significant fundamental change."
Med/NWE diesel cargo premium narrows as Med tightness eases The Mediterranean-Northwest Europe ultra low sulfur diesel cargo spread has weakened amid slightly stronger resupply levels into Europe, despite firm demand in the east Mediterranean.
Marine fuel 0.5%S prices in Argentina hit highest level since March Marine fuel 0.5%S in Argentina reached Aug. 6 its highest value since mid-March amid supply constraints and the recent rise in prices in Brazil.
Prompt diesel paper structure weakens as demand plateaus, arrivals set to increase Structure across the diesel paper markets weakened on Aug. 6, with the contango in both swaps and futures widening as traders saw demand growth slowing and arrivals increasing.
Oil slides on US-China tensions, stalling US economic recovery Oil prices moved lower in US morning trading Aug. 7 amid dimming economic outlooks and rising US-China tensions.
ARA fuel oil stocks up 8% on week to 1.356 mil mt: Insights Global Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp hub rose 8% to 1.356 million mt in the week to Aug. 6, according to data from Insights Global, as the market grappled with weak demand amid the summer lull.
Crude edges lower as US stimulus talks stall Oil futures finished a mostly range bound session lower Aug. 6, as lack of progress on US stimulus talks capped optimism fueled by falling Iraq crude production and a better-than-expected US jobs report.
Energy markets feel brunt of pandemic on global commodities The COVID-19 pandemic has wreaked chaos across global commodity markets, disrupting trade and supply and demand dynamics and creating major uncertainty over the pace of recovery.
India container freight surges by up to 67% on acute space shortage Container freight rates for sailings out of India have surged by up to 67% over the past month due to shortages in inventory and available space, market sources said.
World's first hydrogen train refueling station to be built in Germany Construction has begun of the world's first hydrogen refueling station for passenger trains at Bremervoerde, northwest Germany, engineering firm Linde said July 28.
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