More COVID-19 cases at major U.S. shipyards On March 23 we reported that an employee of Huntington Ingalls Industries Ingalls Shipbuilding division had tested positive for the coronavirus. Yesterday, Ingalls said that it had been notified of an additional
Gulf Island to build two more T-ATS vessels Gulf Island Shipyards LLC, Houma, La., has beem awarded a $129,925,080 modification to a previously awarded contract to exercise options for the construction of two additional towing, salvage and rescue ships (T-ATS)
Master Marine delivers second of two Osage Marine towboats Master Marine, Inc., Bayou La Batre, Ala., has recently delivered the M/V Frank Mellor to Osage Marine Services, Inc., St. Louis, Mo. "We would like to congratulate Osage personnel for their great
Panama Canal adopts measures to guarantee sustained operations Following a mandatory countrywide lockdown announced by the Panamanian Government to combat the COVID-19 pandemic, the Panama Canal Authority has adopted new measures today to guarantee the continuity of its operation and
VIDEO: Chevron Marine launches Cloud Solutions Chevron Marine has launched a suite of digital solutions offering ship owners and operators tools with which to analyze, manage and help improve their operational performance. The suite, Chevron Marine Cloud Solutions,
VIDEO: ISWAN gives seafarers guidance on managing mental health during COVID-19 restrictions With seafarers unable to leave vessels for crew changes or unable to travel back to their home countries, the International Seafarers Welfare and Assistance Network (ISWAN) has launched a new video featuring
Handheld 3D scanning used in tug engine mount modification project DotProduct LLC, Boston, Mass., reports that its hand-held 3D scanning was recently used to capture the as-built state of two engines to inform design modifications for the Kirby Offshore Marine tug Mount
Diana Shipping chairman and CEO tests positive for coronavirus In a filing with the SEC, Athens-headquartered dry bulk operator Diana Shipping Inc. (NYSE:DSX) reports that its Chairman and Chief Executive Officer, Simeon Palios, has tested positive for the novel COVID-19 virus.
BIMCO issues COVID-19 guidelines for office spaces To assist the shoreside of the maritime industry in taking appropriate protective measures at office workplaces, BIMCO is issuing guidelines intended to help shipping companies avoid spreading of the COVID-19 disease at
Future fuels: Wärtsilä starts ammonia combustion trials Wärtsilä has initiated combustion trials using ammonia. The research will help the company to prepare for the use of ammonia as a fuel that can contribute to reducing greenhouse gas emissions. As
Navy exercises option with VT Halter for fourth berthing barge VT Halter Marine Inc., Pascagoula, Miss., has been awarded a $39,906,609 firm-fixed-price modification to a previously awarded contract. It covers the detail design and construction of a fourth Navy berthing barge, formally
Coronavirus and shipping briefing: Tanker rates collapse while the outlook weakens for containers Tanker rates are falling dramatically as the coronavirus-led drop off in demand outweighs the oil price war. Elsewhere, crew change...
Coronavirus will see shipping litigation spike, HFW warns 'The first concern that clients have that we're seeing is whether coronavirus gives rise to force majeure event. And then...
Hamburg defers fees to support port users Fees deferred to end of 2020 so port can continue to work without restrictions
Container freight rates set to slide as demand dries up Container liftings will fall this year but policy measures could lead to a sudden 'snap back' in 2021
Can dry bulk markets recover from coronavirus impact? The biggest concern for the dry bulk shipping industry is centred around logistics and supply chains, with port restrictions and...
Coronavirus: Prominent maritime figures face measures Diana and Performance Shipping's Simos Palios falls ill with a coronavirus infection. Elsewhere, the owner of the Capital Maritime &...
Join Lloyd's List for a live coronavirus Q&A on Thursday On Thursday March 26, reporters and analysts from across the Lloyd's List and Lloyd's List Intelligence teams will join a...
India lockdown to slow Asia LNG demand India, with its limited liquefied natural gas import and distribution infrastructure, is seen as a 'swing buyer'. It was prompted...
Port operators in Shanghai and Ningbo-Zhoushan bolster partnership The move serves Beijing's national strategy to make the Yangtze River Delta region an integrated economic zone to spur further...
Daily Briefing Free to read: Container lines on brink of cashflow crunch | China signals further relaxation of crew change restrictions |...
China container line joins Singapore's Calista platform China is the biggest trading partner of the Association of Southeast Asian Nations, with some $202bn in bilateral trade in the...
Hoegh LNG locks down vessels not due crew rotation Visitors are banned from Hoegh LNG ships to keep seafarers infection-free. Despite fears about the coronavirus fallout, the liquefied natural...
Indian seafarers delay homecoming amid 21-day lockdown Seafarers at the end of their contracts are asked not to return to India as borders are tightened for the...
MOL reports $146m extraordinary losses amid virus fallout The extraordinary losses involve two of MOL's affiliates, Gearbulk Holding AG and Ocean Network Express
Coronavirus: US west coast ports take extra safety measures and remain fully operational The announcement by the Pacific Merchant Shipping Association comes a week after dockworkers at the Port of Oakland threatened to stop working...
Cargill adapts to evolving coronavirus situation Cargill is working with shipowners and customers to minimise disruptions
Maersk vice-president becomes Port of Long Beach commercial operations director Long Beach Harbor Commission president Bonnie Lowenthal said Mr Duncan's relationships with many of the port's national and overseas customers...
Q&A: Flexport exec on coronavirus past, present and future An exclusive interview with Nerijus Poskus, global head of ocean freight at Flexport.
LA, Long Beach terminals adjust hours to disinfect between shifts The second-shift change will provide time to clean handling equipment to help prevent the spread of the coronavirus.
US Customs order ensures more rubber glove imports One of the world's largest suppliers of disposable rubber gloves may resume exports to the U.S. after resolving forced labor concerns, Customs and Border Protection...
Seafarers on 'front line of this global calamity' International Maritime Organization secretary-general stresses that world trade during the coronavirus pandemic depends on the mariners who move goods.
Trans-Pacific container rates level off after gains China-to-U.S. box rates are losing steam after last week's rise.
Maritime History Notes: The multipurpose tanker Manhattan Once America's largest merchant ship, oil tanker, icebreaker and research vessel.
Bailout: Airlines vs. airports Airlines and airports have a symbiotic relationship, but there is tension over airlines' interest in waiving airport charges and taxes during the pandemic recession.
US pressures Saudi Arabia to give up oil price war with Russia The US is urging Saudi Arabia to back off its oil price war with Russia, with Secretary of State Mike Pompeo calling Crown Prince Mohammed bin Salman on Tuesday.
Lockdown hits India's oil demand; cheaper crude offers opportunity to store The collapse in oil prices has created opportunities for India to ship in incremental crude cargoes, but dwindling domestic demand because of a countrywide lockdown means oil buyers will be treading cautiously as they try to gauge the demand outlook ahead, analysts told S&P Global Platts.
Light crudes get cheaper vs heavy as COVID-19 hits gasoline, jet demand Declining refining margins for transport fuels such as gasoline and jet fuel have impacted demand for lighter crude grades in Asia, with the value of premium grades such as Abu Dhabi's Murban crude flattening against medium, heavy-sour barrels in March.
Urals set to flow east, as contango draws in China's Unipec: traders Chinese oil trading group Unipec has stepped in to buy at least three cargoes of Baltic-loading Urals in the last few days, surprising many bystanders and suggesting that the steep contango in flat prices has created opportunities for the medium sour crude to flow east.
Shipping market sees renewed opportunities eastbound on naphtha price collapse The collapse of the CIF NWE Naphtha market has re-opened conversations within the shipping market about sending product from Europe to Japan, with the arbitrage potentially re-opening as product prices drop.
Argentina's YPF to boost crude exports as it cuts refinery runs Argentina's biggest oil producer YPF is maintaining oil production during a coronavirus-sparked lockdown of the economy, but a 30% to 40% plunge in local crude demand has led the state-backed company to plan to step up crude exports despite low international prices, CEO Daniel Gonzalez said.
Weak gasoil flat prices spark WAF storage demand, support differentials With flat prices for refined products in Europe touching multiyear lows this month, importers of middle distillates like gasoil and jet fuel in West Africa have also seen outright prices drop heavily, a trend sources this week said has tightened demand and supports differentials.
CE Delft study shows bio, synthetic LNG viable for decarbonization: SEA-LNG "As LBM and LSM become available at scale, the carbon-free future will become reality," Keller said.
Wartsila starts combustion trials on ammonia as marine fuel The tests are part of a program to develop ammonia as a fuel option, with regard to engines, fuel supply and storage.
External: Global Risk Management
Singapore Apr/May Marine Fuel 0.5%S contango widens to six-month low on demand uncertainty "The volume of arbitrage cargoes is low in April. But whether supply really tightens depends on demand," a trader said.
Fujairah's LSFO demand picks up amid delivery delays due to bad weather Demand this week will be supported by the backlog of deliveries from the delays caused by the bad weather, a trader said.
SK Energy starts LSFO production from new vacuum residue desulfurization unit "It [started] about a week earlier than expected, and its now producing commercial product," a source said.
Pakistan curtails Apr oil product purchases amid COVID-19 slowdown Pakistan State Oil, which handles the imports, awarded less cargo volumes at lower prices for April deliveries.
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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