Navy picks Lake Assault boats for Force Protection-Medium Boats contract Lake Assault Boats, part of Fraser Shipyards, has been chosen to supply up to 119 Force Protection-Medium (FP-M) patrol boats to the U.S. Navy. The five-year indefinite delivery indefinite quanity (IDIQ) contract
Ecochlor appoints VP of Global Service Maynard, Mass., headquartered ballast water management systems specialist Ecochlor has appointed Michael (Mick) Madely to the newly created position of Vice President of Global Service. "We are very happy that Mick has
NTSB issues report on towboat sinking The National Transportation Safety Board has issued its report on the sinking of the 1968-built towing vessel Tom Bussler, owned by McGinnis Equipment Company, Inc. and operated by National Maintenance & Repair
Wilhelm Wilhelmsen dies at age 82 The fourth-generation owner of Norway's Wilhelmsen group, Wilhelm Wilhelmsen, passed away on February 22 at the age of 82. Although from a very young age, he held many positions in the company
Boskalis uses Wärtsilä thruster solutions in crane vessel project Wärtsilä has committed to a demanding delivery schedule for a thruster solution that will enable Netherlands-based Boskalis to convert an existing hull to create the crane vessel Bokalift 2. The DP2 crane
Q-LNG gets approvals for larger variants of LNG bunkering ATB New Orleans headquartered Quality Liquefied Natural Gas Transport (Q-LNG) reports that it has received U.S. Coast Guard design basis acceptance and regulatory approvals to move forward with construction on two variants of
Compact two-stroke SCR gains Class NK approval A high pressure SCR (selective catalytic reduction system) said to be the most compact of its type on the market has passed Class NK approval testing. MAN Energy Solutions first introduced the
Shipping comes to terms with its future The shipping industry knows EU rules on emissions are coming. Soon enough, those parts of the industry that think the...
New marine fuel oil arbitrage routes opening for tankers Volatile crack spreads - the profit or loss derived from producing different refined products - as well as volatile crude prices, has...
Black carbon study criticised at IMO An argument has been put to the IMO that fuel samples used in a recent black carbon study did not...
StealthGas acquires gas carriers in new joint-venture The deal is the second in a year for the Greece-based company
Rapid growth of US Gulf crude exports 'nearly over' Many shale producers have debt maturing in 2022 estimated at $30bn, and they will divert cash to pay back debt...
Disagreements over approach to decarbonisation persist A high-profile panel discussion in Brussels highlighted how despite agreement on the overall goal, decision makers and stakeholders have different...
February oil demand plunges on coronavirus Global demand is dependent on Chinese oil refineries, which have sharply cut runs. This makes the impact on markets more...
Clarksons gains foothold in Spain The outfit will be folded into Clarksons' Specialised Products and Petrochemical Gases divisions
Glimmer of hope for the bleak dry bulk market? Market participants expect the dry bulk market could pick up in the second half of the year if the virus...
China Merchants Port raises $100m from virus-control bonds More than 60 entities have raised Yuan7.5bn from the so-called virus-control bonds in the period from February 10 to February...
POSH wins major Petronas towage contract PDLNG Dua is slated to be the world's first FLNG vessel to operate in deep water
Daily Briefing Free to read: Major carriers signal a shift in mindset to tackle emissions | Coronavirus: Shippers allowed shipside loading and...
Wilhelm Wilhelmsen dies, aged 82 With his extensive network and business relationships in Norway and internationally, he was instrumental in developing the Wilhelmsen group over...
Coronavirus: Container truck drivers returning to Ningbo port Development comes as the disease disrupts shipping and port operations, with increased blank sailings leading to a volume loss of...
India orders crews to stay on board ships at risk of coronavirus Ships from specified countries are allowed to berth. However, their crews will not be allowed to disembark regardless of nationality
More US LNG cargoes cancelled as spot prices tank Forward gas prices no longer support shipping LNG from the US to Europe, according to BloombergNEF
Brazilian consultant to SembMarine jailed in bribery and money laundering case The two executives came to the authorities' attention in the massive Brazilian anti-corruption campaign Operation Car Wash
US tightens export controls for Russia, Yemen The Commerce Department wants to further restrict U.S.-origin items that could assist in nuclear and missile weapons development and diversion efforts in the two countries.
Q&A: Jefferies analyst on shipping stock rout and what's next An exclusive interview with Jefferies analyst Randy Giveans on the coronavirus-induced shipping-stock collapse.
DHL Express upgrades fleet with more 777 freighters Competition is fierce in the e-commerce wars and efficiency is critical to customer service and profitability. DHL's investment in new Boeing freighters is designed to...
FDA will expedite reviews of Costco food imports The nationwide retailer has become the first participant in the U.S. Food and Drug Administration's Voluntary Qualified Importer Program, which aims to reduce foodborne illnesses...
Coronavirus crisis worsens: FreightWaves coverage timeline As risks surge and stocks plunge, a look at the key coronavirus issues and a rundown of FreightWaves' coverage to date.
Career Tracks: CSafe, Hangar A, Fontaine and Momentum Patrick Schafer promoted to chief executive officer; Ron Richards hired as chief technology officer; Jamil Young tapped as division president; and Jim Bertuola named vice...
KPI Bridge Oil to buy OceanConnect Marine in bunker supply merger
Coronavirus impact masking post-IMO 2020 risks for marine fuels Biggest threat comes from VLSFO quality issues.
Oil settles sharply lower as coronavirus spread sparks pandemic fears Markets react in wake of new cases over the weekend in South Korea, Italy.
Saudi-led coalition in Yemen destroys Houthi explosive-laden boat in Red Sea: SPA Saudi Arabia often intercepts and destroys Houthi missiles targeting its cities and also its oil facilities.
Singapore Marine Fuel 0.5%S/Dubai spread narrows to 4-month low on weak demand "Prices are a mess because everyone is not sure if they should sell now or hold," the supplier added.
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