Vigor wins $8.5 million MSC contract Vigor Marine Shipyard LLC, Portland, Oregon, has been awarded an $8,562,943 firm-fixed-price contract for a 50-calendar day shipyard availability for the mid-term availability on the USNS Matthew Perry (T-AKE 9). The contract
Conrad delivers asphalt barge duo to Parker Towing Morgan City, La., headquartered Conrad Shipyard (OTC Pink: CNRD) reports that it has delivered two 30,000 bbl asphalt barges to Parker Towing of Tuscaloosa, Ala. "We are pleased to announce the delivery
CBP cracks down on exports of stolen vehicles U.S. Customs and Border Protection is putting a crimp in a growing export market involving transnational criminal organizations: stealing vehicles and shipping them to overseas markets. In response, CBP officers are conducting
Environmentalists slam MEPC decision on Arctic HFO ban A ban on the on the use and carriage of heavy fuel oil in the Arctic just approved byIMO's Marine Environment Protection Committee (MEPC 75) has been slammed by the Clean Arctic
Resolve Marine repositions Alaska response tug to Kodiak Resolve Marine has repositioned its Alaska-based response tug Makushin Bay from Dutch Harbor to Kodiak, where it will respond to a growing need to provide local vessel operators and owners with rapid
Golden Ray: Cutting continues New photographs have been released giving an indication of the progress being made in cutting the wreck of the capsized car carrier Golden Ray into sections. The cuts are being made by
CMA CGM boosted by recovery in shipping and logistics volumes CMA CGM has seen higher volumes in the third quarter of this year than it did last year. Combined with...
Time to chase the devil from the IMO A diluted, tepid brew of short-term efficiency measures was served up at the IMO with the promise of carbon-free jam...
IMO approves HFO ban in Arctic Sea Environmental groups blast the new rules on restrictions of HFO use and carriage in the Arctic Sea, which come into...
The week in charts: Pandemic impact on secondhand bulker and recycling markets revealed The coronavirus pandemic has impacted on transactions in both the secondhand bulker and the ship recycling markets, new data shows...
Forwarders call for action on detention and demurrage Forwarders have been hit by heavy fees for the use of containers, even though this is often out of their...
Shipping's proposed $5bn research fund endures IMO scrutiny IMO members are considering an industry proposal for a research and development fund and administering organisation. But issues surrounding a...
Hafnia sees consolidation as future of product tanker market Product tanker markets in the fourth quarter of the year have continued to suffer a slump and increased cases of...
Is video analytics the answer to safer ships and safer seas? Video Analytics can be used to detect or even predict unsafe situations, spot unintentional operator errors, or avoid accidents by...
European container freight rates continue upward surge Asia-Europe rates have not seen the same pricing pressure as those on the transpacific during the peak season. But with...
Post-Brexit freight trade set for bumpy ride The Brexit transition period ends on December 31, but many forwarders have yet to make arrangements for how they will...
Daily Briefing Free to read: Governments split on market-based measures for emissions | German owners back new IMO line on greenhouse gases...
Rainmaking conquers start-up challenge in Singapore In Asia, infrastructure must be put in place first before start-ups can be attracted, but this is not necessarily a...
DSIC wins shuttle tanker order from Chinese owner The newbuilding, which is the first suezmax shuttle tanker ordered by a Chinese owner, will serve an offshore oil project...
Zhuhai completes $270m buyout of rival port Buyer hopes the deal will expand its cargo volume and market share in handing pulp, steel, logs and engineering equipment
Avenir LNG chief executive resigns The new company is focused on small-scale LNG projects and recently carried out Malaysia's first bunkering operation. The budding LNG player...
Golar LNG and B&V team up on floating ammonia research 'The next step is to plan for a net zero-carbon energy mix,' said Golar LNG's chief executive. Meanwhile, the replacement...
COVID-19 vaccine distribution could start in mid-December, official says The adviser overseeing Operation Warp Speed said distribution of the first COVID-19 vaccines could begin as soon as Dec. 11.
Lufthansa rotates chiefs at cargo division, subsidiary airlines Lufthansa Airlines has added a new CFO, and played musical chairs with a number of other leadership positions.
Oil prices rise on vaccine bullishness despite COVID-19 surge Front-month NYMEX WTI hits highest settled price since Sept. 2.
Spain calls for hydrogen project registration following Eur1.5 billion pledge **Ministry opens month-long call for expressions of interest **Spain to dedicate Eur1.5 billion to hydrogen through 2023 **Energy, industrial companies outline investment plans
Spanish energy group Cepsa sees flat 2021 output amid OPEC+ cuts **Upstream in Algeria, Abu Dhabi seen affected **Capex could be tightened after reductions in 2020 **Downstream unlikely to recover in H1 2021: Bonacasa
WAF gasoil imports soar to record high on higher demand: Kpler **Refined product consumption back to pre-pandemic levels **Largest supplier Saudi Arabia
Shell, partners, begin construction of Netherlands bio-LNG plant Increasing bio-LNG consumption in bunker space.
FEATURE: Container shipping bottlenecks will support record freight rates into 2021 **Capacity bottlenecks may cause distribution delays **Switch in buying habits has favored containers **Higher freight rate environment could become new normal
ARA fuel oil stocks drop 3% on week to 1.302 mil mt: Insights Global HSFO tightness may ease on arrivals from Baltics.
Weekly Black Sea gasoil exports hit 12-month low on lower Russian refinery rates **Run rates may rise in December **Turkey predicted to be largest recipient
Green hydrogen costs need to fall over 50% to be viable: S&P Global Ratings **Three reasons why steep decline 'possible by 2030' **Simultaneous support for CCS to boost volumes **Pipeline transport ahead of liquefaction
Bunkerworld Index: Bunker price rises lose steam amid rising coronavirus infections **Backwardated Singapore market stimulates sell-side competition **ARA market looks to increasing flows of HSFO from Baltics **USGC may see higher demand ahead of Thanksgiving
FEATURE: Ukraine eyes hydrogen to future-proof energy assets **Spare nuclear capacity to be used for hydrogen production **Energoatom, Naftogaz join forces to develop sector **Germany could be outlet for hydrogen piped via gas network
Crude contango narrows as market eyes OPEC+ quota extension, Asia demand rebound **Potential OPEC+ extension supports near-term crude **Asia oil demand exceeds expectations **Money managers cut oil shorts in wake of vaccine news
Petredec signs deal for LPG dual-fuel engines for fleet Under the agreement, each vessel will be powered by individual MAN B&W 6G60ME-LGIP dual-fuel engines, capable of running on LPG.
SINGAPORE DATA: Residue stocks slip to 22 mil barrels on higher fuel oil exports Fuel oil imports in the week ended Nov. 18 fell 17.66% on the week to 745,978 mt, according to the Enterprise Singapore data.
India to push LNG as cleaner transport fuel, reduce reliance on diesel India is committed under the Paris Accord to reduce greenhouse gas emission intensity of its Gross Domestic Product by 33-35% below 2005 levels by 2030.
Japan's domestic clean product shipments fall in Sep on weak gasoline demand: JFCSA Shipments fell primarily due to the slow recovery of domestic gasoline demand.
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