Wärtsilä launches Smart Support Center service for Voyage business customers Wärtsilä has launched a new global Smart Support Center service. It is aimed at giving customers of Wärtsilä's Voyage business improved asset uptime via remote access, substantially reducing the need for physical
Antivirus paint developed for hospital surfaces could also protect ship crew and passengers Nippon Paint Marine reports that its parent, Nippon Paint, and Corning Inc. have developed a special coating to protect workers from picking up viruses from painted surfaces. Though developed specifically for frontline
NYC Ferry takes delivery of first Tier 4 compliant vessels Designer Incat Crowther reports that the the still expanding NYC Ferry by Hornblower has taken delivery of its first EPA Tier 4 compliant vessels. Named H401 and Curiosity, the 29 meter ferries
COVID-19 claims life of EXMAR Chairman Baron Philippe Bodson Antwerp headquartered EXMAR today reported that Chairman of the Board, Baron Philippe Bodson, passed away on April 4 after losing his fight against COVID-19. Nicolas Saverys, previously CEO of EXMAR, is taking
Vard to design and build SOV for Taiwan offshore wind farms Ålesund, Norway, headquartered Fincantieri group member Vard has won a contract to design and construct an offshore wind Service Operation Vessel (SOV) for Taiwan's Ta San Shang Marine Co., Ltd., a joint
Could coronavirus derail shipping's decarbonisation agenda? With the regulatory agenda temporarily on ice, a short-term delay to decision making timelines is now inevitable. But as the...
'Hidden' floating storage to absorb more tankers Although it is true to say that a rising number of tankers have been chartered explicitly for use as floating...
Shell study looks to other industries for safety clues Shell commissioned the report to support the mental and physical health of seafarers and is using its insights to help...
Call for all EU ports to be open for crew changes The European Sea Ports Organisation and the Federation of European Private Port Operators call for the Green Lanes concept to be...
PIL eyes growth with Asia and Africa rebound 'Emerging economies need to balance health and safety concerns with sustaining livelihoods,' SS Teo remarked, adding that this would support...
The week in charts: Tanker floating storage is still elevated, while China ship calls slide Floating storage capacity continues at elevated highs despite a marginal drop, as VLCCs still demand charter premiums, while in China...
Exmar reshuffles leadership after chairman succumbs to coronavirus Belgian gas transportation company announces that Nicolas Saverys, who was chief executive, assumes the role of executive chairman
Shippers face challenges as services are cancelled Longer voyages, port congestion, blanked sailings and financially challenged carriers put pressure on shippers
Forwarders call for more transparency in fuel surcharges Cargo owners and freight forwarders have not yet seen any benefits from falling fuel costs
Dry bulk operators optimistic despite uncertainty Although sluggish market sentiment has hit freight rates for the dry bulk segment, ship operators think they can rely on...
Ports' accumulation levels close to limit as insurers fear trade crisis 'We're concerned about the world economy and volumes dropping in a big way. We're anticipating turnover will be drastically reduced...
The Lloyd's List Podcast: Is shipping sailing into a great depression? The doom-laden forecasts have been coming thick and fast this week, warning of the steepest downturn since the Great Depression...
Daily Briefing Free to read: Saadé says supply chains must adapt to demand swings | Class to explore uniform approach on survey...
Port of Virginia shuts terminal amid throughput downturn The decline in cargo can be attributed to reduced numbers of ship calls into the port, which had 14 blank...
California box imports spike, but don't pop the cork Big April gains at Southern California container terminals are deceiving.
Lufthansa mothballs entire A340 fleet as downsizing continues Lufthansa Group is putting a bunch of long-haul planes in deep storage. A smaller version of itself is busy transporting cargo and scooping up stranded...
FreightWaves Flashback 1974 - JAX mini-bridge speeds delivery of 7,000 West Coast-bound VWs An overflow of West Coast-bound vehicle shipments characterized one of the largest mini-bridge operations ever assembled for a single movement.
More humanitarian aid for US pours in by air The U.S. government, hospitals and aid groups are relying on UPS, Atlas Air and other airfreight to speed deliveries of critical supplies.
Oceanex fears shortages in Newfoundland with suspended sailing Short-sea shipper says economic impact of COVID-19 has forced service disruption and employee layoffs.
Russian air transport company gets US rockets to launch site When you can't move it yourself, call the Russians. They've got the AN-124 airlift that can move giant loads like mining equipment, industrial machinery and,...
Port of Oakland welcomes its largest vessel The 19,200-TEU MSC Anna is retrieving empty containers piling up during the coronavirus crisis to return to Asia.
Air forwarders want financial relief in next federal aid package The current $61 billion set-aside for the domestic airline industry left out the forwarders.
Singapore middle distillate stocks soar to 43-month high as narrowing EFS hampers outflows Singapore middle distillate stocks soared to a 43-month high as a narrowing Exchange of Futures for Swaps spread hampered arbitrage economics to send Asian gasoil to the West, resulting in volumes building up within the city-state.
ARA fuel oil stocks rise to 21-month high in week to 1.540 mil mt: Insight Global Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp hub increased 4.5% to 1.540 million mt in the seven days to Wednesday, according to data from Insights Global, reaching over a 21-month high amid continued demand destruction on the back of the coronavirus pandemic.
China's independent refineries seen raising crude imports from late May on strong margins Strong refining margins have encouraged China's independent refineries to ramp up throughput and lift crude imports for late May to June delivery, refiners and trading sources told S&P Global Platts this week.
ARA jet kerosene stocks rise 12% on week, selling dries up Jet and kerosene inventories in the Amsterdam-Rotterdam-Antwerp trading hub have continued to rise while selling in the Platts Market on Close assessment process dries up amid a strong contango, run cuts and refinery maintenance, traders said.
Singapore light distillate stocks surge to 13-month high on sinking gasoline demand Commercial onshore light distillate stocks in Singapore, the region's largest oil trading hub, ballooned to a 13-month high in the week ended Wednesday, as regional demand for gasoline ground to a halt amid the global effort to combat COVID-19.
Weak US demand drives rare shipments of USWC naphtha to North Asia Asia is slated to receive rare shipments of US West Coast-origin naphtha, with at least two Medium Range tankers chartered for April-loading cargoes, trade sources told S&P Global Platts this week.
WTI tests 19-year lows as near-term demand concerns intensify Front-month WTI raced lower in early US trading as near-term oversupply concerns forced traders to abandon short positions.
Brazil's ANP reviewing requests to shutter 65,000 b/d in output, expects more Brazil's National Petroleum Agency is evaluating requests to shutter 29 oil fields accounting for about 65,000 b/d worth of output because of the impact of the coronavirus pandemic, but expects the review of high-cost, low-production fields to eventually cover up to 200,000 b/d, in line with state-led company Petrobras' planned cuts.
NWE butane finds support in WAF in lieu of gasoline blending demand Butane in Northwest Europe has strengthened as a percentage to naphtha with demand starting to emerge in West Africa amid lower butane prices driven by a lack of gasoline blending demand.
Oil product tankers left on water as storage capacity runs thin Oil product tankers carrying cargoes for discharge in the Amsterdam-Rotterdam-Antwerp hub have been left waiting for ullage availability as storage capacity in the region reaches its limit for oil products, which could lead to a renegotiation of terms between owners and charterers for floating cargoes on the water.
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