Russian crab-catching vessels feature Schottel propulsion Ten new Damen designed crab-catching vessels for the Russian crab-catching companies Antey, Merlion and Aqvainvest will be propelled by Schottel propulsion systems. Eight will be built at Russia's Nakhodka shipyard and two
J.F. Brennan acquires Specialty Diving Services, Inc. La Crosse, Wis., headquartered J.F. Brennan Company has announces the asset acquisition of New England-based Specialty Diving Services, Inc (SDS). Founded in 1986, SDS is headquartered within a short range of Boston
"Dream Ship" will be retrofitted with compact SCR A cruise ship with a starring role in a popular German TV series is to be retrofitted with an ultra compact SCR (Selective Catalytic Reduction) system that will enable it to meet
First retrofitted VLGC completes LPG-fueled voyage to Houston Singapore-headquartered BW LPG Limited (OSE: BWLPG.OL) reports that BW Gemini, the world's first Very Large Gas Carrier (VLGC) to be retrofitted to LPG dual-fuel propulsion technology (see earlier story, has successfully completed
Ulstein says more about GLDD rock installation vessel Ulstein Design & Solutions BV has released a few more details about the subsea rock installation vessel that it is designing for Great Lakes Dredge and Dock (see earlier story). It will
Maritime asks Washington for $3.5 billion and vaccine priority American maritime and supply chain trade associations and organizations last week sent letters to Secretary of the Treasury Steve Mnuchin and Congressional leaders asking for help in coping with the impact of
Sanctions-busting tactics escalate as 'scrapped' tanker loads at Venezuela Vessel-tracking data from Lloyd's List Intelligence shows two Iran-linked tankers spoofing locations and disguising identities, confirming anecdotal reports of tankers...
Shipping will struggle to evade EU carbon market A new report seeks to debunk the commonly shared idea that if shipping is included in the EU Emissions Trading...
Shipping acts together to support seafarers during festive season International Chamber of Shipping says the campaign has seen extra funding given to seafarer welfare organisations. The North American Maritime Ministry...
UK ports in flat-pack flap as congestion continues British ports have claimed they are coping with high demand. But with lines now moving some services, a 'perfect storm'...
Countries must act now to award seafarers key worker status The secretary-general of The Mission to Seafarers charity calls for an immediate international response to the UN and International Labour...
Shippers to review carrier performance There is a wealth of data available on the state of the container shipping market. But little of it focuses...
Feeder boxship collision off Shanghai kills three seafarers Among the 16 crew members on Xin Qi Sheng 69, 11 were rescued and five remain missing, according to Shanghai...
Daily Briefing Free to read: The 100 most influential people in shipping revealed | ONE Apus investigation latest | EU CO2 plans...
Between the lines: Carriers reap rewards of extended peak season With freight rates soaring on nearly all trades and ships sailing fuller than ever amid exceptionally strong demand, the major...
Saudi tanker blast sparks shipping security concerns BW Group says the Singapore-flagged, 76,580 dwt ship was 'hit by an external source' while discharging early Monday morning. The crew...
MISC hit by Petronas stake sale Petronas still holds sway over MISC's stock market performance, even after the shipping line's efforts at diversifying beyond its home...
VLGC freight rates reach five-year high There were only 11 VLGCs, out of a global fleet of 302 ships, available to load Middle East LPG at...
American Airlines transport its first COVID vaccine shipment (with video) American Airlines is moving a Pfizer vaccine shipment from Chicago to a Caribbean island via Miami.
Contingency planning guides Pfizer vaccine distribution flow The distribution of COVID-19 vaccines is finally a reality, but it's a carefully orchestrated process among the federal government, the manufacturer, a major health care...
OIL FUTURES: Prices climb on vaccine optimism; demand outlooks remain under pressure Crude futures settled higher after a volatile session Dec. 14 as the market balanced optimism surrounding the rollout of a COVID-19 vaccine against freshly dimmed near-term demand outlooks.
AMERICAS BUNKERS: Key market indicators Dec. 14-18 Retail marine fuel spot markets enter the week Dec. 14-18 on a bullish kick while shaking off weak demand, as recent gains in key global energy indicators have propped up values.
TENDER DATA: Sri Lanka's Ceypetco seeks 30,000 mt fuel oil for Jan 11-12 The last tender seeking 5,000 mt of 180 CST HSFO with maximum 3.5% sulfur, and 24,000 mt of 180 CST grade either 0.5% sulfur or 1.8% sulfur, for delivery in Dec. 27-28 was reissued with a change in volume.
TENDER DATA: India's MRPL sells 25,000 mt LSFO for early Jan loading MRPL last sold 25,000 mt of marine fuel with maximum 0.5% sulfur for loading over Dec. 13-15 to Shell, S&P Global Platts reported earlier.
TENDER DATA: Sri Lanka's Ceypetco reissues tender seeking 30,000 mt fuel oil for end Dec Ceypetco procures fuel oil on behalf of West Coast Power Pvt. Ltd. and other local power companies for power generation.
Supply tightness supports spike in bunker prices in some LatAm countries **Highest price jump for 0.5%S seen in Cartagena **Talk of short avails of VLSFO heard in Ecuador
IRAQ DATA: Nov oil output falls 4%, below OPEC+ quota, SOMO says **Federal output drops 5% as exports hit by bad weather **Kurdish Nov production, exports rise on month **Total domestic oil use steady in Nov
OPEC report shows room to raise output with allies while keeping oil market balanced **OPEC analysts lower 2021 demand forecast **But call on OPEC still well above Nov. output **Report will inform upcoming OPEC+ talks
UK to create framework for commercial power carbon capture projects **At least one power CCUS to be supported **CCS gas plant readiness rule to be reviewed **To consult on system operation governance
INDIA DATA: Nov oil products demand rises 0.4% on month to 4.7 mil b/d **Demand rises on-month amid mild economic revival **Fuel oil demand higher than Jet demand
UK to end support for fossil fuels overseas: PM Johnson **Major policy shift as taxpayer support to end for fossil fuels **China unveils modest increase to 2030 climate targets **Pakistan to stop building coal-fired power plants
Australia's Fortescue inks hydrogen MOU with Japanese partners Fortescue Metals Group has inked a memorandum of understanding with Kawasaki Heavy Industries and Iwatani Corporation to potentially supply Japan with liquid hydrogen as Australia vies to become a major renewable hydrogen exporter.
VIETNAM DATA: Nov refined product imports fall 41% on year Vietnam imported 597,756 mt of oil products in November, a 40.7% year-on-year decline, according to preliminary data released by Vietnam Customs Dec. 14.
HONG KONG DATA: Oct fuel oil imports jump to 3.72 mil barrels **Imports averaged 3.23 mil barrels/month in Jan-Oct **Total imports in Jan-Oct at 32.27 million barrels
SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt **MFO 380 CST sales maintain momentum to hit 995,000 mt **Nov LSFO sales rise 4.5% from Oct
Explosion at tanker discharging gasoline cargo at Jeddah, Saudi Arabia **Tanker hit by 'external source' while discharging at Jeddah **Limited impact on gasoline due to long supply in Middle East **Hafnia confirms explosion, fire on BW Rhine **Second tanker explosion in Saudi Arabian waters in less than three weeks
Asia residual fuel market - Key market indicators this week Falling demand for 180 CST and 380 CST high sulfur fuel oil from the power sectors in South Asia and the Middle East is weakening sentiment in both markets, but in the case of the 380 CST grade, strong demand from the Singapore bunker market was providing some support.
Singapore Marine Fuel 0.5%S cash differential flips to discount on slower buying activities **First discount since Sep 24 **Bunker demand weakens amid festive season
S Korea's Hyundai Rotem to start production of hydrogen reformers by end Dec South Korea's Hyundai Rotem will start making hydrogen reformers at a plant in Uiwang, south of Seoul, by the end of December, the company said Dec. 14, having completed construction that began in July.
INTERVIEW: Freepoint expands Asia LSFO footprint by supplying maiden cargo to Pertamina terminal **Sambu terminal received first LSFO cargo from Freepoint in December **Terminal expected to ramp up to optimal LSFO utilization in 2021 **Freepoint eying more spot, term LSFO deals in other Asian markets
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