Bath Iron Works files NLRB complaint against striking union General Dynamics Bath Iron Works (BIW) says that it today filed a charge with the National Labor Relations Board against the IAM Local S6 union for violating the National Labor Relations Act
Carnival Corporation to accelerate ship disposals "We have been transitioning the fleet into a prolonged pause and right sizing our shoreside operations," said Carnival Corporation & plc President and CEO Arnold Donald, in a business update for the
Two submarines share dry dock for simultaneous inactivations Two elderly Los Angeles-class submarines headed for decommissioning - USS Olympia (SSN 717), commissioned in 1984, and USS Louisville (SSN 724), commissioned in 1986, - both entered Dry Dock 5 at Puget
Wärtsilä makes Expert Insight available for two-strokes and scrubbers Wärtsilä's digital predictive maintenance product, Expert Insight, originally launched in November 2019 for four-stroke engines, has now been extended to support two-stroke engines. It is available in combination with Wärtsilä's Lifecycle Solutions
The Fjords takes delivery of second all-electric cat Norwegian operator The Fjords has taken delivery of a second all-electric vessel, Legacy of The Fjords, which will join her sister ship Future of The Fjords and plug-in hybrid Vision of The
Legislation seeks financial aid for maritime in national emergencies The Chair of the House Committee on Transportation and Infrastructure, Peter DeFazio (D-Ore.), and the Chair of the House Subcommittee on Coast Guard and Maritime Transportation, Sean Patrick Maloney (D-N.Y.) yesterday introduced
Castor clinches charter for newly acquired panamax The Nasdaq-listed company has drawn on recent public offering proceeds to help it buy a fourth panama and has chartered...
The week in charts: Static container fleet; VLCCs used for floating storage World in-service containership fleet capacity grew marginally in June compared with the previous month, while the number of very large...
Tanker earnings pick up as IEA expects exports boost VLCC rates on key routes have jumped by almost $15,000 per day and exports are expected to grow in July
The Lloyd's List Podcast: Crewing crisis reaches boiling point Governments have this week pledged to speed up efforts to get hundreds of thousands of stranded merchant sailors home, but...
UN chief says shipping bailouts must not imperil climate Guterres makes comments in a speech to the International Energy Agency's Clean Energy Transition Summit
Going to work may no longer mean being in an office A survey found people are more productive out of the office. But what about that water-cooler conversation that sparks innovation?
Swift action is needed to back up summit declaration Industry leaders are anxious to resolve the crew change scandal as rapidly as possible, but continuing governmental inertia is maintaining...
Consortia agreements need full access to data Is access to data on vessel-sharing agreements fit for participating lines to make a proper and reliable self-assessment under EU...
Posidonia remains 'cautiously' on track for October 'The overall picture is that we have most of our international participants willing to come, subject to being able to...
Baltic Exchange advises vigilance over market coercion A circular about a commitment to eliminate market mamipulation raised speculation in some circles about a formal complaint, but the...
China Merchants names new chairman China Merchants Group boasted Yuan9.1trn ($130bn) total assets as of end-2019 and Yuan714.4bn revenue for the year
Hamburg pioneers machine learning to reduce dwell times Software enhancement to terminal operating system should lead to more efficient yard operations
MISC link to six Satellite Petrochemical newbuilds Chinese charterer Satellite Petrochemical originally chose to run the vessels together with US-based Delos Energy Transportation, which quit the deal last...
Daily Briefing Free to read: Crew change summit commitment offers promise of political progress | Pledges, platitudes and protocols won't repatriate seafarers...
Hong Kong introduces mandatory health tests for seafarers Marine department issues draconian order stipulating that crew members who do not supply a negative test result for coronavirus will...
TEN orders up to three suezmax shuttle tankers The move will double TEN's presence in the shuttle tanker sector. This is a niche area within the shipping industry...
US facing lowest peak season since 2014 Hackett Associates founder Ben Hackett says US imports are performing like a 'yo-yo' - going up one month and down...
Port of Long Beach posts 11.1% container decline Canceled San Pedro Bay calls more than doubled in the first half of the year compared to 2019.
China logjam, stubborn storage buoy tanker rates Most floating storage has yet to be unloaded while delays in China are mounting.
Port of Oakland volume uptick pleasant surprise Boost attributed to retailers trying to beat capacity constraints and rate hikes.
FreightWaves Flashback 1991: War and peace in Kuwait A tour of war-ravaged Kuwait reveals extensive damage to its international air terminal and seafaring ports.
US airlines cancel Hong Kong flights over crew testing Pilots don't want to fly to Hong Kong because of mandatory crew tests for coronavirus. Some airlines have hit the pause button on flights to...
Supply chain shifts from China boost US Southeast, Gulf ports - CBRE Real estate and logistics services firm CBRE Inc. predicts U.S. Southeast and Gulf Coast seaports will benefit from supply chain shifts away from China in...
INTERVIEW: BP's former CFO sees oil price in $45-55/b range during 2021 Global oil prices will likely strengthen over the coming 18 months to hover around $45-55/b if economies continue to reopen and OPEC+ follows through on efforts to drain oil stocks which surged during the peak of pandemic lockdowns, BP's former chief financial officer Brian Gilvary said.
NWE diesel strengthens to 3-month high on rising demand Northwest European cargoes of ultra-low sulfur diesel and ULSD barges trading in the Amsterdam-Rotterdam-Antwerp hub strengthened July 9 to three-month highs versus front-month ICE low-sulfur gasoil futures as demand continued to rise amid reduced regional production and limited incoming resupply from other regions.
European VLSFO market in limbo on oversupply Oversupply in the European 0.5%S marine fuel market is persisting despite the easing of coronavirus restrictions, with demand for the bunker fuel not yet strong enough to make a big dent in stocks built up during the peak of the pandemic.
INDIA DATA: June oil products demand fall 7.8% on year to 4.3 mil b/d India's oil products demand in June fell 7.8% year on year to 16.29 million mt, or 4.3 million b/d, latest provisional data from the Petroleum Planning and Analysis Cell showed, reflecting weak economic activities during the COVID-19 lockdown period in Asia's third-largest economy.
IEA sees light distillates as the most resilient part of the barrel While demand for the full range of refined oil products has been hit by COVID-19 and was on a slow path to recovery, light ends have seen the best performance, the International Energy Agency said July 10.
FERC told pipe development still key as oil, gas sector eyes post-pandemic period As the oil and gas sectors grapple with coronavirus-related market impacts, the Federal Energy Regulatory Commission was urged to keep advancing pipelines and driving toward efficient markets, but also to adjust to the heightened focus on sustainability among buyers and investors.
After tech conference, Chatterjee bullish on pandemic responses, need for pipes Chairman Neil Chatterjee left a two-day technical conference with a positive outlook on how the energy industry has ensured reliable supplies despite the coronavirus pandemic, and with a confirmation of his view that more pipeline infrastructure is needed, he told reporters July 10.
IEA sees 2020 global oil refinery utilization of 72%, 'lowest in 37 years': The average utilization rate of global oil refineries is expected to fall to 72% in 2020, "the lowest in 37 years" and the partial rebound in 2021 will only "nudge" it up to 77%, below the long-term average of 80%, the International Energy Agency said July 10.
Global climate goals need major energy innovation push: IEA A global goal to reach net zero greenhouse gas emissions by 2050 will be out of reach unless governments and the private sector launch a major acceleration in clean energy innovation, the International Energy Agency said July 2.
WAF sweet crude loses luster as European refineries turn to more typical slate The brief boost for prices and demand that West African crude saw over the past couple of weeks has started to fade as numerous factors have seen them lose their luster for European refineries, traders said.
Brazil's Enauta boosts Q2 oil, gas output 8.9% on year Brazilian independent oil and natural gas producer boosted output 8.9% year on year in the second quarter after the Atlanta Field returned to full operations after a Q1 maintenance shutdown, according to a production report the company released July 9.
German cruise line AIDA to resume sailings from August German cruise line AIDA Cruises will resume sailing from August, after the coronavirus pandemic triggered an industry-wide pause on operations for four months, parent company Carnival Corporation said.
Brazil's Petrobras, Abu Dhabi's Mubadala in exclusive refinery sales talks: Petrobras Brazilian state-led oil company Petrobras started exclusive negotiations to sell the Refinara Landulpho Alves, or RLAM, in Bahia state to Abu Dhabi-based Mubadala Investment Company, Petrobras said July 9.
OIL FUTURES: Crude climbs on improved demand outlooks, virus treatment optimism Oil prices settled higher July 10 as part of a cross-asset rally fueled by coronavirus optimism, strengthened demand outlooks and a weaker US dollar.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
