Weekly briefing: Containers in the wrong place; tanker prospects darken A shortage of equipment is hampering the box shipping sector as trade volumes continue to surge post-lockdown and pre-Christmas. Meanwhile...
Winter rally drives Australia east coast LNG to new high Australia east coast projects set a new record export level. Outages seen in the country's west coast projects on the...
Surging ship calls bring record containerised cargo to California ports The Los Angeles-based Marine Exchange of Southern California confirmed the glut, recording 52 containerships in the San Pedro Bay ports...
Ship lenders are aligned to 2050 decarbonisation goals, for now The average carbon intensity performance of 15 lending institutions' shipping portfolios for 2019, was marginally short of meeting a trajectory...
Baltic's Brightest Broker title up for grabs
From the News Desk: The Seafarer stands tall in our annual rankings Selecting a list of the most influential people in shipping is never an easy task - there will always be...
China confirms Australian coal ban leaving 38 bulk carriers stranded Lloyd's List Intelligence data shows at least 35 panamax or post-panamax and three capesize bulk carriers of more than 6m...
Fresh 'lower for longer' oil demand forecasts weigh on tanker trades Monthly reports from the International Energy Agency and Opec both trim demand estimates for 2021 as vaccine benefits seen as...
Demise of DVB, a bank laid low by 'shipping, shipping, shipping' Founded as Deutsche Verkehrs-Kredit-Bank as long ago as 1923, DVB now looks unlikely to celebrate its centenary
Yard Talk | LNG's climate credentials depend on a long bridge to decarbonisation Shell is said to be considering the high pressure, ME-GI main engine, which can almost eliminate the methane slip from...
IMO says 45 countries have now classed seafarers as key workers More member states need to sign up to address the issue, says the IMO in a circular letter. Singapore has...
Five crew reported kidnapped off Nigeria Five crew have been kidnapped from a locally trading general cargoship in the Gulf of Guinea, according to reports. The...
Our industry is united more than ever, says Guy Platten The industry is united. Of course there are slight differences of opinion, but they been exaggerated. 'More unites us than...
Compensation claim against Rina can be heard, Italian Supreme Court rules Decision could have worldwide implications for litigation against class in the wake of future fatal casualties
Saudi Arabia says explosive boat hit fuel ship at Jeddah port Saudi Arabia said an explosives-laden boat hit a fuel transport ship anchored at Jeddah the same day Hafnia reported a...
Yes, we have no containers Carriers have made much of their investment in new container fleets. But the shortage of export containers in Asia is...
Asleep at the wheel - why shipping can no longer fake work hours Canary Sentinel came out of a tech sector that long ago took sensor technology for granted; Workrest emerged from frustration...
Final discharge for Vale's converted VLOCs The final discharge marks an end to the use of VLOCs converted from very large crude carriers for Vale, which...
Singapore takes lead in granting shore leave for seafarers Vessels will have to be in Singapore port for at least 14 days to be eligible for the lifting of...
Daily Briefing Free to read: Saudi tanker blast sparks shipping security concerns | Sanctions-busting tactics escalate | UK ports in flat-pack flap...
Anglo American sees LNG as a viable step to cut carbon emissions Mr Lye agrees that a significant part of the solution to meet shipping's decarbonisation targets is to use multi-fuel capability...
Custom-built ATR 72-600 gives FedEx more cargo capacity FedEx is renewing its regional fleet with a cargo-friendly turboprop from ATR.
Anchored container ships weigh down Port of LA's volume "In November, 50 of the 88 vessels coming to Los Angeles first went to anchor and averaged two and a half days there."
Airlines, logistics companies ramp up global vaccine deliveries Distribution of coronavirus vaccines isn't limited to FedEx and UPS. Many freight transportation and logistics companies are already playing a large role in the global...
Holiday puzzle: Vaccine, blizzard, e-commerce boom, trade war Vaccine distribution won't delay deliveries of your Honey Baked Ham and toilet paper, says CNBC's Lori Ann LaRocco.
Pandemic hit Port of LA with huge ebbs and flows The Port of Los Angeles is still working to get toys to retailers' shelves in time for Christmas.
Liner capacity control and the future of container shipping Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards, and leasing companies?
OIL FUTURES: Oil climbs on COVID-19 vaccine optimism, but demand concerns persist Crude futures settled higher Dec. 15 as progress on US approval of a second COVID-19 vaccine overshadowed newly bearish demand projections.
EC proposes excluding gas projects from PCI funding, focus on hydrogen **Hydrogen from natural gas to be allowed under reforms **Gas supply security much less of a concern: EC **Gas assets can be converted to carry lower-carbon fuels: GIE
Titan conducts first LNG bunkering on bulk carrier in Rotterdam **Titan LNG delivers LNG to the dry bulk carrier M/S Haaga **LNG used to refuel a vessel on the Great Lakes, Canada for the first time
Global tanker markets supported by Asian oil demand: IEA **Ton-mile demand up 4% in Nov on strong Asia demand **Small room for recovery in crude tankers **South Africa's Engen refinery halt presents upside for products
Med dirty Handysize freight rates surge on tight tonnage Freight rates in the Mediterranean and Black Sea Handysize market have risen in the first half of December on a confluence of factors, including bad weather, increasing Turkish strait delays and more cargoes being pushed out of refineries.
INTERVIEW: Repsol upbeat over 'profitable' transition to clean energy after COVID-19 jolt **Solar, wind to underpin fivefold capacity boost by 2030 **Synthetic fuels, green-hydrogen key to competitive edge **Crude slate unlikely to change despite biofuel push
Repsol sees biofuels, synthetic fuels as future for shipping, aviation **Synthetic fuels could be game-changer after 2030: Repsol **International transport bodies have mandated future emission caps
Norway approves Northern Lights CCS project to store CO2 from around Europe **CO2 transport and storage operations due on line 2024 **Project to inject 1.5 mil mt/year in N Sea reservoir initially **European neighbors expected to join Norwegian project
REFINERY NEWS: OMV invests in biofuel output at Austria's Schwechat OMV has said it is investing around Eur200 million ($243.1 million) in biofuel production at its Schwechat refinery in Austria. As a result, the refinery "will be able to substitute large quantities of fossil diesel with biodiesel in an innovative co-processing approach."
Global refinery throughput expected to increase through Jan: IEA Global refinery throughputs are expected to continue rising from October through January, after falling in October under the impact of maintenance in Europe and hurricane impact in the US Gulf Coast, the International Energy Agency said Dec. 15.
Oil demand to stay weak amid uncertainty over COVID-19 vaccine availability: IEA **'Several months' before vaccines have an impact on oil demand **Oil demand to climb by 5.7 million b/d in 2021 **Global crude stocks to return to pre-pandemic levels by Dec 2021
Gasum's Coralius hits new LNG ship-to-ship bunkering record "So far Coralius has done several hundred ship-to-ship LNG bunkerings," Gasum said.
South Korea's EWP boosts LSFO purchase amid coal power plants shutdown: source South Korea plans to shut nearly 16 out of 60 coal-fired power plants for three months starting December.
Gulf Oil's purchase of Ocean Tankers assets to have limited impact on Singapore bunker market: sources "The market recovered quite quickly from the shock of Hin Leong's exit earlier this year, and there are enough and more bunker suppliers here to meet vessel demand for bunker fuel," a source said.
BW LPG commits three more VLGCs to LPG dual-fuel retrofitting, bringing total to 15
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