Victory Cruise Lines suspends service through June 30 for Victory I New Albany, Ind., headquartered Victory Cruise Lines (VCL), is extending its temporary suspension of operations by its 202-passenger Victory I through June 30, 2020 and has canceled all planned itineraries for sister
MARAD awards $19.6 million in Small Shipyard Grants The U.S. Department of Transportation's Maritime Administration (MARAD) today awarded $19.6 million in discretionary grants to 24 U.S. small shipyards through the Small Shipyard Grant Program. The program provides funding to assist
USNS Comfort begins admitting patients from New Jersey The Navy hospital ship USNS Comfort (T-AH 20) began admitting patients from hospitals in New Jersey April 17 in an effort to expand its support of COVID-19 response efforts. New Jersey state
COVID-19: Chinese shipyard output down 27.3% China's shipbuilding industry slowed its production during the first quarter partly due to the coronavirus epidemic, but new orders grew, the Xinhua news agency reports. The industry completed ships with a tonnage
Inland river industry mourns "Mr. Lew" Lew Meibergen, age 88, former Chairman of the Board and President of Johnston Enterprises, died Thursday morning, April 16, 2020, at home in Enid, Oklahoma, reports trade association IRPT (Inland Rivers Ports
Golden Ray removal will involve largest lift vessel built in the U.S. Salvage operations to remove the capsized car carrier M/V Golden Ray from St. Simons Sound, Georgia, will involve the use of the largest lift vessel built in the United States, the VB-10,000
'Dire implications' for tankers if floating storage fails to offset demand contraction Average time charter equivalent rates have dipped from a record $210,000 daily on April 2 to today's levels of $170,000...
Class analyses suggest no single fuel type for zero-carbon shipping It will be possible to meet the IMO's emission reduction targets by 2050, but the anticipated market share of fossil...
UN probes Sharjah-Libya jet fuel shipment as UAE boosts crude imports The UAE is among countries implicated in Libyan arms embargo violations, and one of only five tracked receiving Libyan oil...
Sohar Port joins SEA-LNG coalition SEA-LNG chairman Peter Keller has welcomed Sohar to the coalition, saying the port is ideally situated outside the Strait of...
Forwarders may see 20%-30% volume drop in second quarter Forwarders struggle to find cargoes as global shipments decrease
Capesizes hold firm despite Vale's sharp 2020 iron ore cut Average weighted capesize time charter on the Baltic Exchange rises to $10,081 per day by Monday's close, the highest since...
Colombian authorities investigate death of boxship captain Colombia's Maritime Directorate General named the victim as Myo Tun Zaw, aged 50, of Myanmar
Between the lines: The extent of the coronavirus crisis This worst-case scenario would be devastating for the industry, as the combined operating profits of the top 12 carriers during...
ONE volumes point to tough first quarter for container lines With more blanked sailings yet to come, containerised freight volumes look set to stay constrained until mid-2020 at least
Daily Briefing Free to read: Could coronavirus derail shipping's decarbonisation agenda? | PIL eyes growth with Asia and Africa rebound | 'Hidden'...
Consolidation pays off for carriers during crisis The consultancy warns, however, that 'nothing should be taken for granted' in the current crisis, under which any companies or...
Crew believed held in Benin anchorage pirate attack According to Lloyd's List Intelligence, 11 members of the crew managed to lock themselves in the citadel, while contact was...
IMO unable to hold virtual decarbonisation talks IMO secretary-general Kitack Lim says reducing greenhouse gas emissions remains one of the IMO's highest priorities
South Carolina cuts costs to navigate throughput downturn Newsome now anticipates a 5% to 10% reduction in container volumes instead of any projected increases in the fiscal year...
North Carolina redoubles efforts to be big ship ready The project is another key component of NCP's more than $200m capital improvement plan aimed at modernising and enhancing the port's efficiency
Tanker stocks surge as global oil market collapses U.S.-listed tanker stocks boast double-digit gains on historically awful day for crude-oil pricing.
United Airlines still fighting for survival despite $5B federal grant Airlines and analysts are lowering expectations for a quick bounce back in business this summer because there still is so much uncertainty about the coronavirus.
Port of Alaska volumes remain healthy COVID-19 has not hurt cargo flows between the Pacific Northwest and Anchorage.
Port of Virginia shuttering terminal Portsmouth Marine Terminal will be closed while import volumes are down as a result of the coronavirus pandemic.
Will dry bulk remain the 'Wile E. Coyote' of ocean shipping? Bulker rates are rising, but not yet profitable, and market risks abound.
Struggling US importers granted 90-day duty deferment The duty deferment applies to qualifying importers facing "significant financial hardship," Customs and Border Protection said.
Pilots union demands FAA get tough with airlines on COVID-19 precautions A major pilots union is criticizing airlines for allegedly skirting recommended best practices to protect workers from the coronavirus.
Supply chains after COVID-19: A conversation with Jim Tompkins If there's a supply chain Jim Tompkins hasn't seen, it hasn't been invented. As the chairman and CEO of the international consultancy he founded in...
Cargocast enables real-time, hands-free airfreight tracking in terminals Radio frequency identification has matured in terms of its cost effectiveness and efficiency over the past decade, the company says.
Singapore oil trader Hin Leong's founder OK Lim blamed for derivatives, inventory losses - filing Singapore oil trader Hin Leong Trading Pte. Ltd.'s founder Lim Oon Kuin has been blamed for financial mismanagement and reselling of inventory.
Limited HSFO demand hinders traders from storing HSFO despite steep contango "The current contango can cover tank costs, so we can carry over fuel oil [which is already in tanks] to next month," a trader said.
China receives first US LNG shipment since March 2019: cFlow How much volume China can absorb is uncertain, as Northeast Asian spot LNG prices remain low.
Singapore bunker players anxious despite sharp rise in March marine fuel sales "I am very skeptical now, after what has happened to Hin Leong," a bunker supplier said.
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