BMT wins the first Admiralty Marine Innovation Program Challenge The U.K. Hydrographic Office (UKHO) has announced that international design, engineering, science and risk management consultancy BMT is the winner of the first Admiralty Marine Innovation Program challenge, positioning the company to
Hybrid Lake Geneva ferries to have EU Stage V Wärtsilä 14 engines Wärtsilä has been selected to supply the engines and related emissions control after-treatment systems for two new passenger ferries being built for operation between Switzerland and France across Lake Geneva. The ferries,
BAE Norfolk books $76.3 million Navy contract BAE Systems Norfolk Ship Repair, Norfolk, Va., has been awarded a $76,251,735 firm-fixed-price contract for the execution of the USS Stout (DDG 55) fiscal 2021 drydocking selected restricted availability (DSRA). The contract
Nigerian operator upgrades fast crew boat fuel monitoring to Fueltrax A major Nigerian vessel owner and operator of fast crew boats and security vessels has upgraded the onboard Electronic Fuel Monitoring Systems (EFMS) in two of its crewboats to Fueltrax, as its
Nichols Brothers launches third ASD-90 tug for Foss Launched yesterday by Nichols Brothers Boat Builders (NBBB), Freeland, Wash., the M/V Leisa Florence is the third of four ASD-90 class tugs ordered at the shipyard by Foss Maritime. Foss welcomed the
Petredec LPG carrier newbuilds to be powered by LGIP dual fuel engines Use of LPG as a marine fuel continues to gain ground. Singapore-based Petredec Holdings (Eastern) PTE Ltd this month signed a contract for the construction of three 93,000 cu.m LPG carriers at
Vessel Repair puts new dry dock and transfer system into operation Port Arthur, Texas, based Vessel Repair reports that its new 280-foot dry dock and a two-barge transfer system was put into service on July 23, 2020. The first docking and transfer on
Armed guards 'not the answer' to piracy threat Many more kidnappings have led shipowners to call for armed guards on ships transiting the Gulf of Guinea. But most...
Europe welcomes IMO emissions cutting measure The European Commission welcomed the IMO approval of a new short-term greenhouse gas measure, but said the scheme falls below...
German owners back new IMO line on greenhouse gases 'This far-reaching resolution represents substantial progress regarding the contribution by shipping towards combating climate change,' says chief executive Ralf Nagel
Dry bulk owners bullish on long-term prospects for sector Genco, Eagle Bulk and Star Bulk said they were seeing better market fundamentals going forward, provided newbuild ordering remained restrained...
Capacity concerns to drive transpacific contract negotiations Carrier capacity management has proved to be the saving grace for container shipping this year, but for shippers it has...
DP World close to 'business as usual' at UK terminals DP World says its UK container terminals 'are operating effectively despite unprecedented inbound traffic', saying imports have peaked
Hybrid ships' attractions grow Classification society DNV GL is receiving a lot of interest from customers looking to initiate battery-powered or battery hybrid vessel...
Governments split over market-based measures to cut emissions While EU governments backed a call by both the Marshall Islands and the Solomon Islands for immediate negotiations on market-based...
Golden Ocean looks to dry bulk market strength in 2021 With demand recovering and vessel supply decreasing, Oslo-based Golden Ocean is positive for a market lift next year and in...
Italian classification society repels cyber attack 'Rina's IT department managed to repel subsequent attacks and immediately took the necessary countermeasures to contain their effects,' the Italian...
Daily Briefing Free to read: Maersk focuses on boxes rather than ships | Refinery closures promise product lift | Ship finance post-Libor...
Digital freight forwarder Beacon opens Hong Kong office With Asia being the world's leading manufacturing hub, the region is central to Beacon's expansion strategy. With a large proportion of cargo...
US west coast ports report surging container traffic But Port of Los Angeles executive director Gene Seroka noted the continuing trade imbalance, saying that for every three and...
Seat bags help Alaska Airlines carry more cabin cargo Cargo never got a window view during air transport until the coronavirus pandemic led airlines to find innovative ways to mitigate the loss of passenger...
COVID lockdown sequel threatens shipping demand As COVID hospitalizations surge and business restrictions mount, could U.S. importers be overshooting the mark?
COVID vaccine logistics to start as sprint, turn into marathon Operation Warp Speed is getting close to pushing out the initial supply of COVID-19 vaccines by the end of the year, but plans are still...
Port of LA launches Return Signal for trucking to address congestion Platform is designed to improve efficiency of returning empty containers.
New resources help aviation logistics firms plan for COVID-19 vaccine Logistics companies, apart from the big integrators, may feel like they're in an information black hole when it comes to preparation for the COVID-19 vaccine....
ZIM crushes all-time earnings records Net profit skyrockets by more than 2,800% to $144.4 million.
Commentary: Ocean freight data, automation the next big thing Where we're seeing the need for ocean freight-related ingenuity, logistics tech companies are beginning to fill the space, but we are far from seeing the...
Maersk Q3 profits surge - and Q4 looks even better Maersk confirms that cargo demand looks strong through year-end, bucking the usual seasonal trend.
Baltimore's 'inland' port takes shape on e-commerce demand Former Bethlehem Steel plant site at Sparrows Point, Maryland, attracts shippers and 3PLs to build Northeast distribution centers.
Crude settles lower as COVID-19 lockdowns threaten demand outlooks Seven-day moving average of new COVID-19 infections in the US reached fresh record-high Nov. 18.
REFINERY NEWS: Russia's Gazprom Neft reports lower throughput in Jan-Sep **Jan-Sept throughput falls 2.9% on-year **Q3 throughput rises 15.7% on Q2
US DATA: Low sulfur feedstock imports plummet on COVID-19 demand destruction **LSSR FO imports down 59.8% on year **IMO regulations reduce imports into the US
CHINA DATA: Oct fuel oil output rises 24.2% on year to 2.82 mil mt **Fuel oil output has risen since LSFO tax rebate took effect **Rising demand for LSFO on IMO 2020 rules
CHINA DATA: October middle distillate output falls 13.2% on year to 17 mil mt **Jet fuel demand expected to decline further in Nov: Platts Analytics **Gasoil up 0.6% on month amid peak demand season
UAE says it's 'reliable and long-standing' OPEC member as commitment doubts surface Sources say ADNOC goals hampered by OPEC cuts.
ANALYSIS: Europe's Dec naphtha arbitrage limited by shipowner interest; Asia firm for Jan arrivals Firmer Asian market in Jan could draw more Dec-loading cargoes
INTERVIEW: VPS sees pandemic-induced jet glut raising marine fuel volatility **Risk of lower flashpoint could create shipping hazard **Wax issue in VLSFO raises storage challenges
SAUDI DATA: Sept middle distillate production down 18% on year at 4.21 mil mt **Jet fuel output plunges to near 10-year low **Domestic, international sales sluggish due to weak demand
Spain's Endesa plans 1.1 TWh/year LNG bunker facility at Algeciras **4,080 cu m of LNG storage from 2023 **Project already has environmental approval **Possible further expansion to 10,000 cu m
Arte Bunkering to expand SE Asia network after Singapore operations start City-port's marine fuel sales stood at 47.46 million mt in 2019.
IMO should be moving faster on shipping emissions: Environmental NGOs IMO said Nov. 17 that draft amendments to MARPOL on short-term measures to reduce the carbon intensity of shipping had been approved.
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