Port of Houston: "We're number one" The Port of Houston says that newly released government statistics show that the Houston Ship Channel port complex and its public and private terminals now hold the number one place among U.S.
BAE Norfolk wins $197.4 million Navy contract BAE Systems Norfolk Ship Repair, Norfolk, Va., has been awarded a $197,452,828 contract for the USS Wasp (LHD 1) fiscal 2021 Chief of Naval Operations scheduled docking selected restricted availability that includes
GTT to appeal Korea Fair Trade Commission fine Paris, France, headquartered LNG containment specialist GTT (Gaztransport & Technigaz) says it will appeal a fine of approximately $11.4 million imposed on it by the Korea Fair Trade Commission (KFTC). KFTC's decision
VIDEO: Golden Ray cutting picks up speed New video released by the St. Simons Sound Response Unified Command shows the technique being used by the twin-gantry heavy lift catamaran VB 10,000 to cut the capsized car carrier Golden Ray
Fincantieri to operate giant new repair yard in Mexico A new ship repair yard to be built in the Port of Progreso in Yucatán State, Mexico, will have two dry docks able to take ships up to 400 meters (1,312 feet)
Call for scrubber phase-out on ships on environmental concerns International Council on Clean Transportation says scrubber technology substantially reduced sulphur dioxide emissions, but carbon dioxide, particulate matter and black...
US regulator increases surveillance of alliances Carriers are coming under increasing scrutiny from regulators in Asia and the US. Now the Federal Maritime Commission is putting...
UK ports 'coping' with unprecedented demand Frontloading ahead of Brexit and volatility in global supply chains have pushed up throughput volumes at UK container terminals. Ports...
Bulk carrier industry draws up new guidelines on ventilation The guide is designed to provide a better understanding of how and when to ventilate given the different types of...
Carriers unlikely to repeat this year's success in 2021 Even with the switch from services to goods, container volumes have remained down this year. The outlook for next year...
Greek-owned aframax damaged in blast off Saudi Arabia An explosion believed to have been caused by a mine has punctured an Economou-owned crude oil tanker berthed at Al...
London Club seeks double-digit rate hikes for P&I and FD&D Move puts A Bilbrough-managed club at the upper end of rises so far announced for the 2020-21 policy year
Frontline tanker fleet earnings stay below break-even amid oil demand uncertainty Most of the tankers in the fleet of New York-listed Frontline will be earning average rates below the company's break-even...
EU to tighten recycling rules amid coronavirus uncertainty The obligation for an Inventory of Hazardous Materials for ships calling at EU ports has been complicated by the coronavirus...
Newbuild orders look set to regain pace in 2021 The latest Lloyd's List Intelligence Shipbuilding Outlook shows contracts for 2020 at historical lows, but prospects are much brighter for...
Maersk Product Tankers linked to $400m deal for 14 MR vessels Sources says the deal covers 14 Maersk medium range product tankers built between 2016 and 2020 and will see each...
Weekly briefing: Stellar quarter for box lines; dry bulk owners optimistic Maersk, CMA CGM and Zim all posted strong earnings in the third quarter to underline the exceptional year that leading...
Greek Shipping Awards 2020: Watch online For the first time since its launch in 2004, the drama of the Lloyd's List Greek Shipping Awards will not...
Daily Briefing Free to read: Resold China-flagged tankers lift first Venezuelan cargoes in six months | Starved shipbuilders offered ray of light...
Surcharges and diversions as China frozen food checks cause Tianjin reefer congestion Lines had imposed surcharges on reefer containers going into Shanghai and Tianjin in February when a shortage of truck drivers...
BIMCO cautious on dry bulk market recovery in 2021 Geopolitical developments in particular around Chinese coal imports are putting the brakes on dry bulk demand, according to BIMCO. However...
BioLNG has green fuel advantages over hydrogen or ammonia BioLNG is likely to be commercially competitive relative to other low- and zero-carbon fuels such as green hydrogen and ammonia...
Yemeni rebels allow UN access to 'floating bomb' Environmental experts have likened the Safer to a 'massive floating bomb', holding 34 storage tanks of oil that could paralyse...
Evalend Shipping wins one-year charter for newbuilding VLCC from Trafigura Charterers have shown more interest in period tonnage but rates are still low
Thumbs down for LNG as industry innovators thrash out the future of fuels TradeWinds' expert panel plots its way to 2030 while discussing the merits of hydrogen, sail power, ammonia and more
Frontline sees Libyan oil production boosting suezmax tanker market Run down of floating storage also likely to combine with better than expected demand in boost for tankers, chief executive forecasts
Panamaxes benefit from China's demand for Indonesian coal Capesize rates and the Baltic Dry Index see little movement on Wednesday
PL Ferrari defends P&I clubs' free reserves policy Broker says clubs cannot keep calling on plentiful finances to bail out underwriting losses in the face of pressure from ratings agencies
Possible mine blast hits Economou tanker in Saudi waters Explosion breaches hull in aframax controlled by TMS Tankers.
Floating regasification unit leaves China for Ghana LNG project Joint venture Access LNG is targeting opportunities to commercialise LNG infrastructure across Africa
Insurer West of England slams Djibouti after release of 'hostage' crew A sale has succeeded where flag, insurers, and international organisations had failed to fre the last crew on abandoned Probulk ship
Norway's Bergshav sells one of its three aframaxes Shipowner confirms that the Bergina was sold to an undisclosed buyer
Bulkseas Marine joins Greeks hunting for kamsarmax tonnage Hellenic players have spent about $430m on secondhand kamsarmaxes so far this year, most of the built in Japan
Suez Canal cuts VLCC fees in half to keep owners keen Waterway luring big tanker business with rebate starting in December
Sustainable shipping is about so much more than just fuel While all eyes are focused on future fuels, Klaveness Combination Carriers has carved out a niche with shipping's version of the circular economy, offering a model for more radical, innovative ideas
Sold out: Swire's $100m Cadeler IPO attracts 'significant' investor interest Wind turbine vessel venture priced at NOK 23.50 as time runs out to take part in Oslo sale
Bulkers and cruiseships lead the way, but scrapping proves limited in 2020 Clarksons Research says demolition levels are not what would normally be expected in a time of crisis
EU, Turkey in war of words over Mediterranean boarding Turkey lodges protest after German forces board vessel
Avance Gas says market 'inefficiencies' driving strong VLGC sentiment John Fredriksen-backed owner expects rate rally to last, as delays tie up vessels worldwide
Korea Fair Trade Commission fines GTT for non-compliant practices French membrane-type containment system designer plans to appeal against regulatory body's ruling
Bimco brings in IMarEST's Bev Mackenzie to run new London outpost Experienced policy expert will become organisation's permanent representative at the IMO
Period charterers return to take product tankers in droves as spot rates recover At least three LR2s and six MRs have been fixed on time charters since mid-November
Okeanis secures period charters for three tankers amid uncertain outlook Deals for VLCC, suezmax and LR2 can help Greek owner mitigate market risks
Hungary's HOLD becomes biggest ADS Crude investor after VLCC sales Private fund continues to buy up stock in company considering its next move in shipping
Okeanis secure period charters for three tankers amid uncertain outlook Deals for VLCC, suezmax and LR2 can help Greek owner mitigate market risks
Frontline clears away debt maturities until 2023 in $351m deals Refinancing at attractive terms maintains competitive cost structure, tanker owner says
The slow-steaming pace of the IMO leaves shipowners stranded Delays at shipping's global regulator could leave regional policymakers in Brussels under pressure to do their own thing
Norton Rose Fulbright expands Hong Kong maritime presence Becky Tai joins Norton Rose Fulbright as partner in Hong Kong
Zodiac Maritime buys VLCC duo from Xihe Group unit VLCC sale to is the second carried out by the embattled Lim family
Cruise-hungry Indian recyclers to feast on elderly Metropolis cruiseship Death-knell of Hong Kong casino-cruise trade reduces the market for second-hand cruiseships
Navig8 Chemicals and Vosco feel the wrath of ING Bank with cargo claim arrests Dutch banks seizes two tankers in Singapore that it claims discharged cargoes it held title to
Sentosa Ship Brokers expands into Europe with Geneva office Rapidly expanding Singapore tanker brokerage looks to grab a piece of the action in Switzerland's top shipping hub
Shell poised to boost LNG newbuilding tally as it sheds older ships But will the energy major stick with favoured shipowners in latest approach to market players?
Fresh tender emerges for New Caledonia gas import solution Bids called for floating power unit or gravity-based structures without specifying LNG
Frontline's disappearing dividend 'speaks volumes' on tanker fears Worries mount for crude tankers: dividend cuts, the pandemic, a stubborn floating-storage hangover ... and now newbuild chatter.
Delta Cargo shuts Chicago airport facility for 9 days Delta is having problems processing cargo in Chicago and placed an embargo on new shipments for more than a week.
QSL buys out Groupe Robert's stake in heavy-haul carrier Canada-based maritime terminal operator QSL becomes full owner of Transport Watson & Sycamore, a heavy-haul trucking company based in Quebec.
Commentary: Is fuel efficiency a bad thing? While each fuel-efficient conveyance may consume less fuel per mile, the cost savings may induce more miles to be driven.
Rosneft to ship up to 602,465 b/d of oil via Northern Sea Route by 2024 **Oil will go from Vostok Oil project to Europe or Asia **Project contains 44 billion barrels **Rosneft sold 10% in project to Trafigura
VLSFO tightness heard easing in Europe: sources **NWE VLSFO cracks remain highest out of transport fuels **Supply heard outweighing demand in Europe: sources
Brent swaps flip into backwardation at Asia close on vaccine rally, OPEC+ intervention hopes **Analysts cautious on near-term pandemic considerations **Market awaits OPEC+ meeting
Russia's Gazprom eyes benefit from slowdown in LNG project investment **Macroeconomic landscape has affected LNG industry development **US LNG cannot be considered basis for regional energy security **Russian LNG can penetrate new sales markets: board
Saudi Arabia's September oil exports fall by 38.7% on year **Oil revenues fall by $5.91 billion **Saudi Arabia's breakeven price is $80/b
Italy opens hydrogen consultation, targets 5 GW electrolysis by 2030 **Plan foresees Eur10 billion investment **Heavy transport, refining, chemicals targeted **Eni, Enel plan 120 MW green H2 for refineries
Bunker One expands bunkering operations in Brazil The tanker will supply VLSFO, LSMGO and is fully equipped for offshore bunkering, it said.
FUJAIRAH DATA: Oil product stocks fall on 11% slide in heavy distillates Over the week to Nov. 23, middle distillates such as jet fuel and diesel climbed 3% to 6.161 million barrels, a record high.
Uneven recovery will see oil demand grow by 6.3 mil b/d in 2021: Platts Analytics Platts Analytics now expects oil demand to fall by 8.7 million b/d in 2020 from its previous assumption of an 8.5 million b/d reduction.
Ecomar expands Fujairah refinery capacity to 20,000 b/d, with demand climbing "Now is the time to build, costs are low," Shaddick said.
Gulf Coast VLGC freight rates climb to nine-month highs ahead of Thanksgiving Freight on the route from Houston to Japan rose $12 to $127/mt based on market indications of a fixture done at that level.
Singapore Dec-Jan 10 ppm sulfur gasoil spread hits 4-month high amid tight supply S&P Global Platts Analytics said that the supply outlook for gasoil could remain constrained in future.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
