Great Lakes Dredge to move corporate headquarters to Houston America's largest provider of dredging services, Great Lakes Dredge & Dock Co. (NASDAQ: GLDD), is moving its corporate headquarters from Oak Brook, Ill., to Houston. The company says that the move puts
Design for 22,000 cu.m liquefied hydrogen carrier gets AIP Hyundai Heavy Industries Group, Hyundai Glovis, the Liberian Registry, the Korean Register and their partners have successfully developed what they say is the world's first large size and commercially viable liquified hydrogen
North Carolina Ferry System gains Marine Highway designation In a first for the state, the North Carolina Ferry System (NCFS) has been designated as a Marine Highway Project. Issued as part of the U.S. Maritime Administration (MARAD) America's Marine Highway
ABB delivers shore connection technology for high speed Viking Line ferry ABB Marine & Ports shore connection technology is ensuring that calls by the passenger ferry Viking XPRS at Estonia's Port of Tallinn are made quietly, efficiently and emissions-free The ferry, built in
VIDEO: New U.K. polar research ship starts sea trials The U.K.'s most advanced polar research ship - RRS Sir David Attenborough - yesterday left the Cammell Laird shipyard for two weeks of technical sea trials. In November, the shipyard is set
Bollinger delivers first of six FRCs destined for operations in Bahrain Despite build challenges that included the pandemic and six named storms, Bollinger Shipyards LLC, Lockport, La., today delivered the USCGC Charles Moulthrope to the U.S. Coast Guard in Key West, Fla. It
Gulf Island Shipyard to expand labor force Gulf Island Fabrication Inc. (NASDAQ: GIFI) plans to expand the workforce at its Houma, La., Gulf Island Shipyards division. According to an announcement by Louisiana Gov. John Bel Edwards and Gulf Island
Owner of unseaworthy tugboat fined for "vile behavior" The Australian Maritime Safety Authority (AMSA) reports that Anthony Roy Wolfe, the owner of MV Wallaroo-an unseaworthy, ex-navy tug boat-was convicted of hindering a Commonwealth public official in Cairns Magistrate Court on
BL Duke River Terminal prepares for Illinois Waterway reopening The BL Duke River Terminal, a division of BL Duke, is planning to resume normally scheduled business as repairs to the Illinois Waterway near completion. Northbound traffic from the Port of New
V.Group expands Costamare relationship to 41 vessels Shanghai Costamare Management will be integrated into V.Group's Shanghai office as part of the move
A shift to better maintenance is accelerating Shipowners are looking at methods of ensuring asset availability and exploring predictive maintenance for future use. They may find old...
P&I pool claims hit record $300m at halfway mark Ratings agency predicts rate hikes at most clubs, as mutuals feel double whammy squeeze from string of big casualties and...
US to consider regional emissions regime for shipping A bill backed by the Democrats would establish an emissions reporting regime in the US as well as impose vessel...
Complex reefer supply chain 'suffers from miscommunication' Cargo claims for losses in the temperature-controlled supply chain are increasing. The majority of the incidents could be remedied by...
Steamship Mutual levies 5% general rate hike 'International Group Pool claims are notably higher than in any previous year after six months, and the club's projected contributions...
Bulker deals market remains buoyant Safe Bulkers expects the kamsarmax to be delivered from its Japanese yard in the first half of 2022, while Scorpio...
Shortage of empties pushing up container costs High levels of exports from China and fewer imports have led to an imbalance in container equipment. Shippers are now...
Queensland tests crew linked to New Zealand infection The 2009-built, Liberia flagged Sofrana Surville had travelled from Papua New Guinea to New Zealand, where eight crew from the...
Daily Briefing Free to read: Marshall Islands adds voice to IMO decarbonisation backlash | DNK to return entire decade's premiums | Yard...
Filipino seafarers test positive for coronavirus in China The Philippine Overseas Employment Administration, which claims the seafarers had tested negative before their departure, said Chinese officials had expressed...
Australian state threatens to turn away vessels with infected crew Shipping groups said Western Australia should work on safe crew change protocols instead of turning ships away after the state's...
Cosco unit to finance 10 pulp carriers for sister company Vessels were originally ordered by Cosco Shipping Specialized as part of its fleet expansion plan backed by long-term COAs. It...
US west coast ports boosted by retail sales demand The import figures reflect US retail sales growth, which accelerated in September. Retail sales increased 1.9% last month, the most...
Japan starts ship-to-ship LNG bunkering The LNG bunkering operation is backed by a joint venture comprising Toyota, JERA, NYK and K Line. The new LNG...
Major Greek owners divided over how emission rules affect shipping outlook Petros Pappas embraces decarbonisation regulations, while Evangelos Marinakis and George Procopiou express worries over the lack of clarity
Scorpio done with bulkers by end of March? Owner continuing breakneck pace with sale of eighth unit and may be exiting sector far more quickly than most had assumed
Carnival free to start sailing in US waters again in December The New York-listed owner plans to offer cruises from two Florida ports
Columbia Shipmanagement makes Italian play in hook-up with Premuda New 28-ship management company targets third-party business with existing players
ARC's nine-figure US government contract in jeopardy US government watchdog sides with challengers over big military relocation contract
New-generation shipowners say regulatory 'mess' is killing traditional shipping Greek shipping's younger generation feel they are working in a different industry to the one their forebears knew
Shipping needs to redouble its efforts to attract female seafarers Just 10% of the students attending Greek maritime academies are women
Danske Bank names top Scandinavian shipowners for ESG Winners include Flex LNG, Hafnia, BW LPG, Norden and Belships
Cleaves concerned for shareholders after Scorpio's 'discount' bulker sales Spate of disposals to fund wind turbine vessel move viewed as unfavourable for dry bulk investors
Newcomer challenging Pangaea Logistics for VesselIndex 'outperform' crown Dry owners overall had a strong first half to 2020 compared to market indices, but will it hold in a recovering market?
Maritime is 'best-kept secret' for women, says industry veteran The sector needs to reach out to students in school if it wants to attract more women, says WISTA's Anna Silva
Women 'flat out discouraged' from shipping careers, says Celebrity CEO Lisa Lutoff-Perlo has not always felt welcome in male-dominated cruise sector
Maritime is 'best-kept secret', says industry veteran The sector needs to reach out to students in school if it wants to attract more women, says WISTA's Anna Silva
Another setback for Hurtigruten as it cancels Antarctic expeditions Covid-19 pandemic has hit passenger volumes and made travel restrictions fast-changing and unpredictable
Zim makes history with service to the United Arab Emirates Israeli carrier will initiate first connection to the Arab state in company's 75-year history
Rotterdam launches bunker licensing scheme to protect shipowners Europe's top bunkering hub seeks to ensure the quality of fuel supply
Rates for modern LNG carriers break past $100,000 per day mark Winter market finally kicks on back of higher prices and demand pull from Asia
Danske Bank names top shipowners for environmental, social and corporate governance Winners include Flex LNG, Hafnia, BW LPG, Norden and Belships
PGS set to go to court to enforce $1.2bn debt deal Seismic survey vessel owner still trying to win over rebel banks, but legal action looks likely
Steamship Mutual becomes first P&I club to announce general increase London-based insurer is the first to show its hand on premium increases for the upcoming policy renewal
Shipowners can play coronavirus card on EU's new hazardous materials rules Europe is giving shipowners six-months' relief from the new Inventory of Hazardous Materialseur regulation
DNB's shipping book shrinks $170m as offshore remains a problem Overall impairments down at Norwegian lender as shipping prospects improve however
ADS Crude Carriers has a decision to make after selling last VLCC Oslo-listed company promises strategy update after disposing of all three of its veteran vessels in a matter of weeks
Employers and unions set up Manila quarantine safe houses for seafarers Hundreds of seafarers to be housed in hotels in mass Covid-19 testing scheme help to relieve stranded crew
Libra's 'Game of Thrones' battle with Nord/LB over $84m boxship loans Dispute over financing of seven vessels ends up in New York court
Greek shipping looking to turn crisis into opportunity Greek owners are showing the quick reflexes it takes to navigate opaque shipping markets in a time of Covid-19 and new environmental standards
Singapore investigators fail to determine cause of Maersk Honam casualty Accident investigation into 2018 fire said it was likely caused by fire in number three cargo hold
Tata NYK supramax saves the day for six Indonesian seafarers Vigilant lookout spots castaway crew adrift for two days in the Berau Strait
Western Australia tightens rules for seafarers in face of Covid-19 spike State premier says all crew coming off ships will have to undergo two weeks of quarantine in a state-run hotel
Bevy of bulkers change hands as prices threaten to cool Sincere Navigation, Oldendorff Carriers, Doun Kisen, NS United and Nissen Kaiun cash in on capesizes ahead of expected value declines
Project Apollo tempts yards with large tanker haul Latest mystery enquiry lands with shipbuilders, but who is behind it?
Nissen Kaiun poised for MR tanker expansion with $140m HMD order Japanese shipowner books first order at South Korean yard since inking 11 containerships in 2018
Georgia Ports Authority scores record September State officials were among the guests cheering for the ports' fiscal-year successes.
American Airlines gets Q3 boost from cargo as yields pop American Airlines achieved a $77 million quarter-over-quarter gain in cargo revenue thanks to stepped-up cargo operations and favorable market rates.
Port Houston optimistic volume rebound underway ZIM and 2M increase capacity of vessels calling Texas.
Alaska Air takes $399 million Q3 loss, but reduces cash burn Alaska Airlines is slowly improving its financial outlook month by month, but it still lost about $400 million in the third quarter.
Cathay Pacific shutdown of Dragon brand cuts intra-Asia cargo capacity Cathay Pacific is having trouble remaining a viable airline with just a trickle of passenger business due to the coronavirus. It's taking drastic measures.
Southwest Airlines records $1.2B Q3 loss COVID-19 keeps bookings soft, planes parked during quarter.
OIL FUTURES: Energy climbs on stimulus hopes, better US jobs data Oil futures settled higher Oct. 22 amid fresh hopes for passage of a US stimulus bill and stronger-than-expected jobs data.
TENDER DATA: India's HPCL offers HSFO for Nov. 5-7 from Visakhapatnam HPCL is an occasional seller of HSFO via spot tenders, according to market sources.
Singapore Nov ex-wharf marine fuel term contracts settled higher as demand picks up Singapore's ex-wharf term contracts for November-loading 0.5% sulfur marine fuel were heard settled at a premium of $5.00-5.50/mt over the FOB Singapore Marine Fuel 0.5% cargo assessment, higher than the contract settlements of a $4.00-4.25/mt premium for October-loading contracts, sources said Oct 22.
TENDER DATA: Bangladesh's BPC buys HSFO, LSFO for H1 2021 The low sulfur fuel oil purchases are in line with the government's aim of importing cleaner gasoil and marine fuel. The country earlier relied on imported 180 CST fuel oil with a sulfur content of 3.5% and is now importing the grade only for power generation.
Port of Rotterdam to introduce bunker license scheme from February 2021 The European bunkering hub of Rotterdam, the Netherlands, will apply a bunker supplier license scheme from February 2021, according to a document on the port authority's website.
RUSSIA DATA: September fuel oil exports fall 5.1% on year to 2.454 mil mt **Fuel oil exports down 3.7% on month **Domestic deliveries down 28% on year at 667,778 mt
Bunker buying habits exposed as ULSFO prices at parity with MGO **MGO remains winner for ECA-complaint fuel option **Refinery run cuts limit blend components to make ULSFO **ULSFO demand remains persistent despite higher prices
Listen: Crude throughput hindered on reduced refinery runs
OIL FUTURES: Crude climbs on hopes of US stimulus, OPEC+ quota cuts Market sources were optimistic the OPEC+ alliance will reconsider its scheduled increase of almost 2 million b/d in oil production.
Pakistan's PSO keeps year-end fuel oil, LNG demand after end-Oct HSFO tender 'unawarded' PSO issued the tenders seeking a total 585,000 mt of HSFO and 220,000 mt of LSFO in the first week of October.
Singapore-China 380 CST HSFO arbitrage trade opens on higher SHFE prices "Not all of the HSFO is going into the bunker fuel market, some are not marine fuel specifications, and could be used for blending," a source said.
MAN Energy Solutions to lead Danish group to make ammonia-fueled ship engine Hydrogen and ammonia are the leading candidates to meet cleaner fuel goals, De Stoop said.
Americas bunker market adapting well to IMO 2020; COVID-19 still a factor: conference Sellers and suppliers have been "focused on quality" and use certificates of quality during their transactions, Coyne said.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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