CWind charters in additional vessels Chelmsford, U.K., based offshore renewables support services provider CWind is continuing with its fleet development and expansion plans. It has signed a long-term chartering agreement with Dalby Offshore that will see it
Damen to fit four more patrol vessels with Hull Vanes Damen Shipyards has ordered four more Hull Vanes for installation on a series of patrol vessels it is building for the Dutch National Police. The Hull Vane is a hydrodynamic wing-shaped stern
Qatar LNG carrier agreement hailed as China's largest shipbuilding export deal yet Qatar Petroleum has entered into an agreement to reserve LNG ship construction capacity in China to be utilized for its future LNG carrier fleet requirements, including those of its ongoing North Field
USNS Comfort to leave New York City Less than a month after arriving in New York City, the hospital ship USNS Comfort is to be redeployed. The ship was originally intended to give surge capacity to New York hospitals
Crowley takes delivery of Alaska fuels market ATB from Bollinger Bollinger Shipyards Lockport, LLC yesterday delivered an articulated tug-barge (ATB) unit capable of transporting multiple clean petroleum products in the Alaska market to Crowley Fuels LLC - the Alaska-based petroleum transportation, distribution
Tanker FFAs remain elevated despite cutback FFAs for VLCCs have gained over 50% in value in just eight days, with an expected boost in floating storage...
Seaborne trade decline could be biggest in 35 years But port calls data suggests efforts to restart the Chinese economy are gaining traction
'Now is the time to prepare for post-coronavirus world' 'Sometimes accepting late payment is better than enforcing direct and full payment with the risk of putting your debtor into...
Forwarders face storage capacity shortage Shortage of warehousing space could become critical if lockdowns are extended
Health crisis could drive transition to greener shipping, says Stopford By shaking up the status quo, the pandemic might be a catalyst for the radical measures needed, argues Martin Stopford...
Indian ship recycling yards resume operations In case of any suspected infection, the government has advised shipbreakers to hand over the worker to Gujarat Maritime Board's...
Carriers take advantage of low fuel costs to reroute With demand low, more container lines are taking longer voyages to reduce costs
China lands first deal from Qatar LNG shipbuilding bounty Deal signed today will allow the state-owned gas producer to secure the slots at Hudong-Zhonghua Shipbuilding, part of CSSC, for...
Maritime sector is doing work of 'national importance' - UK minister 'Despite the unprecedented difficulties, the industry has responded magnificently, working round the clock to keep the nation fuelled, fed and...
Norwegian shipowners' losses close to 25% Norwegian shipowners expect the number of vessel lay ups to triple and the amount of ship recycling to double because...
Capital Link transforms shipping forums by going digital But this time was different. The decision to go digital, even in the face of the coronavirus pandemic, was at...
Singapore yards hampered by new restrictions on foreign workers Singapore's Ministry of Trade and Industry has not disclosed which shipyards will have to stop operations
From the News Desk: Singapore looks beyond coronavirus Singapore's forward planning is paying dividends, while its investment in digital technology and infrastructure should mean it is well-positioned to...
Crisis and innovation in bulk shipping It can take a crisis for an innovative approach to gain traction, but only if lessons are learnt
Daily Briefing Free to read: White knights line up for troubled Hin Leong and Ocean Tankers | Floating storage profits surge as...
Singapore agencies back bunker sector amid Hin Leong fallout Enterprise Singapore and MPA say they will continue to work with stakeholders to ensure that Singapore's supply chain for oil...
Get ready for the new, slimmer Delta Delta is raising huge amounts of capital and cutting costs by half as it sets the stage for a new world with less travel.
New York terminal scrambles to block Maersk's exit Maersk plans sudden switch from Staten Island to New Jersey. The Staten Island terminal is fighting back.
Hapag-Lloyd celebrates reduced emissions on Earth Day The German shipping line says it has cut CO2 emissions per transported TEU by about 50% since 2008
Blank sailings threaten to sink heartland ag exports Container equipment shortage exacerbated by COVID-19 pandemic stresses upper-Midwest soybean exporter trying to fill his springtime customer orders to Asia.
Delta posts first quarterly loss since 2010 Delta is the first of the domestic passenger airlines to release earnings since the coronavirus pandemic spread globally and the picture isn't pretty.
United Airlines to raise $1 billion in stock offering United Airlines is getting $9.5 billion in U.S. government aid, but it still needs more money to stay afloat so it's selling stock and borrowing.
OIL FUTURES: Historic negative pricing fades but June contract falls below $11/b Overall US commercial crude storage is closer to 60% full.
Singapore's oil trading, bunkering sectors resilient despite Hin Leong crisis: statement The Singapore bunkering sector is well diversified with other licensed bunker suppliers, including Minerva and TFG Marine.
Singapore marine fuel market garners support on Hin Leong debacle Cancellations by OBS had led to an increase in bunker inquiries in the spot market since last week, suppliers and traders said.
FEATURE: Laden MR tonnage builds up in Mexico on discharge delays, ups freight rates "There is basically no discharge in East Coast Mexico. It's not weather related," a shipowner said.
Singapore police investigate Hin Leong amid claims of financial misconduct Hin Leong Trading's liabilities exceeded its assets by $3.336 billion as of April 9.
VLGC rates rebound to one-month high; set to rise further on Western activity With the open arbitrage to Asia due to demand recovery in India, Indonesia and China, trade sources estimate some 2 million mt due for May arrival, steady to April.
Storage firm Vopak looks to Q2 for benefits from oil contango Activities picked up significantly in March and that will show in the results going forward, Paulides said.
Americas tanker freight climbs on depressed crude price dynamics "With TD3C (270,000 mt Persian Gulf-China route) where it is, owners can do whatever they like," a shipbroker said.
Fujairah bunker traders feel ripple effect of crude price collapse Bunker traders noted a steep decline in VLSFO prices Tuesday trading in Fujairah, with trades heard below $180/mt.
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