ABB to deliver integrated power system for advanced diamond recovery vessel ABB is to supply an integrated power system package for the advanced diamond recovery vessel under construction at Damen Shipyards Mangalia for De Beers Marine Namibia (Pty) Ltd (Debmarine Namibia). With a
Danish electric ferry reports successful first year in service In its first year of operation on a 22 nautical mile route, the pioneering Danish all-electric ferry Ellen has notched up some noteworthy milestones, according to Danfoss Editron . Operating between the
VIDEO: Two ships collide in Welland Canal Transport Canada is to investigate an accident in which two vessels collided while transiting Canada's Welland Canal, in opposite directions, this past Saturday. YouTube video caught the incident in which the Florence
CMA CGM newbuild will have new automatic roll stabilization system Hamburg, Germany, headquartered Hoppe Marine GmbH has introduced a fully automatic version of its well-known Flume roll stabilization system. In Flume systems, roll damping tanks use a hydrodynamically controlled flow of liquid
Lindsay Malen-Habib named President of American Salvage Association The Executive Committee of the American Salvage Association (ASA) reports that Lindsay Malen-Habib is taking on the role of ASA president, effective immediately. Malen-Habib has been an active ASA member for over
Firefighters continue battling blaze aboard USS Bonhomme Richard This morning, firefighting teams were continuing to battle a fire on board USS Bonhomme Richard (LHD 6), which is moored pier side at Naval Base San Diego for a regularly scheduled maintenance
Greek tankers linked to Venezuela 'now in the Middle East' Greece-based owner says the Automatic Identification System was switched off for crew safety and piracy risks. Two of the four...
Cyprus shipping sector seeks continuity from new minister The domestic shipping industry wants the government to upgrade the image of Cyprus as one of the most important and...
Libya rebels to continue blockade on oil exports Oil exports emanating from crucial Libyan ports were able to resume for a single day before being halted again. The...
Crew crisis needs 'substantial solution' Governments should intervene, says Union of Greek Shipowners president
Ocean Tankers administrators in bid to fend off claims The court-appointed interim judicial managers stand a chance of bringing Ocean Tankers' exposure to Hin Leong's alleged fraudulent trades under...
Rebels to allow access to 'floating bomb' in Red Sea Dryad Global says more progress will depend on a ceasefire holding between the Houthis and the Saudi-backed government of Yemen...
Ports welcome UK's $875m Brexit funding boost 'We look forward to reviewing the detail but this is an important first step to help limit the impacts of...
US joins UK in leading global crew change An estimated 300,000 of the world's 1.5m seafarers await repatriation as cascading lockdowns across countries since March prevent three quarters...
IMO eyes further steps toward decarbonisation The IMO has held virtual talks on potential short-term measures to reduce greenhouse gas emissions. Although unofficial, the discussions yielded...
Ask the Analyst: Bankruptcies and credit risk during lockdown The impact of the coronavirus pandemic will have a profound impact on the viability of several shipping companies. In the first...
Sugar trades help buoy smaller-sized bulkers Brazil's exports rose 37% in the first half of the year, and will remain strong over the coming months, says...
Patchy recovery leading to trade imbalances The largest shift in trade balance was reported on the South America trades, where backhaul volumes were running 20% higher...
Daily Briefing Free to read: Swift action is needed to back up summit declaration | Hong Kong introduces mandatory health tests for seafarers...
Singapore continues to dominate key shipping index While Singapore has again grabbed the top spot on the Xinhua-Baltic index, Hong Kong drops down the rankings in areas...
Maritime has improved in its use of intelligence. It still has room to pick up the pace More shipping leaders are realising that change is happening. They accept that improvisation is only a temporary fix while transformation...
Shipping's steady course toward decarbonisation The various targets in the IMO Roadmap are not yet regulatory but there is huge pressure for them to become...
KLM gets EU blessing for Dutch emergency aid Airlines are leaning heavily on governments for support until they can get back on their feet once the COVID crisis subsides. Next up: KLM.
Two ships that didn't pass in the day Canadian Transportation Safety Board examining 'rare occurrence' in Welland Canal.
FAA clears airlines to remove passenger seats for cargo The FAA's ruling allowing airlines to jam more cargo in the cabin by removing passenger seats may be a pyrrhic victory. The incentive to do...
Hawaii's Young Brothers seeks rate increase to stay afloat Even before Hawaii imposed COVID-19 travel restrictions earlier this year, Young Brothers lost money and last year sought a rate increase valued at $13 million...
Career Tracks: Supply chain professor nets CSCMP award Matthew Waller will receive the Distinguished Service Award during EDGE 2020 Live!
Houthis claim attack on Aramco's new Jazan refinery Iran-backed Houthi rebels in Yemen have claimed responsibility for a July 12 drone and missile attack on Saudi Aramco's recently built Jazan oil refinery, local media reported.
Singapore's residue stocks rise 6% on week to 3-year high amid dearth of demand Singapore's commercial onshore residue stocks rose 6.1% week on week to 26.666 million barrels or 4.2 million mt on July 8, marking a three-year high, Enterprise Singapore data released July 9 showed.
Around 360,000 mt of USGC middle distillate heading to Europe so far in July: cFlow Seven clean tankers have left the US Gulf Coast over the past seven days, all of them medium-range tankers, cFlow data showed.
OPEC's 2019 oil revenue shrinks on production cuts, weaker prices OPEC's 13 members suffered an 18% contraction in their oil export revenue last year on weaker prices and output curbs, denting their economies leading into 2020's coronavirus crisis and market meltdown.
OIL FUTURES: Oil retreats as demand outlook dims amid fresh US lockdowns Oil futures retreated in afternoon trading to settle lower July 13 as demand outlooks dimmed amid reports of new lockdown measures in California.
OIL FUTURES Crude slides as market awaits OPEC+ news On the supply side, the OPEC+ Joint Ministerial Monitoring Committee's meeting on July 15 will determine whether the coalition will taper production cuts.
Low scrappage rates weighing on tanker markets: sources Sustained newbuild deliveries is expected to put further pressure on the spot tanker market.
SINGAPORE DATA: June bunker fuel sales fall 2.45% on month to 3.83 mil mt Total low sulfur bunker fuel sales decreased 0.11% on the month to 2.711 million mt in June, MPA data showed.
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