Rolls-Royce Power Systems names Otto Preiss COO Otto Preiss is to join the management board of Rolls-Royce Powers Systems as Chief Operating Officer (COO) on May 1. Preiss joins the company, whose brands include MTU and Bergen Engines, after
VIDEO: Dacoma and Tuco to test novel workboat stabilizer Two Danish companies - Dacoma and Tuco - are to test a novel stabilizer developed for offshore renewables sector work and crew boats. Developed by Dacoma ApS, the Airkeel is a submerged,
USCG again recommends that operators remove duck boat canopies The Coast Guard is conducting a Marine Board of Investigation (MBI) into the deadly July 2018 sinking of the DUKW-type amphibious vessel Stretch Duck 7 in which 17 people lost their lives.
NTSB reports on towboat's expensive encounter with bridge The National Transportation Safety Board has issued a report on an April 24, 2019, incident involving, the Terral River Service Inc. 2006-built towing vessel Edna T. Gattle, The towing vessel was pushing
Inmarsat report explores Japan's connected maritime innovation ecosystem Japan's role and potential as a driver of digitalization in shipping is the focus of a new report sponsored by Inmarsat. The study, "A quiet revolution - the maritime innovation ecosystem in
The Lloyd's List Podcast: The View from Singapore We should have been in Singapore this week, setting the agenda for digitalisation and decarbonisation. But in the absence of...
Greek ferry operators appeal for urgent government aid XRTC, a specialist consultancy which analyses Greece's ferry sector, said that the economic difficulties confronting the sector amount to a...
Floating storage at record levels as tanks fill up on land Floating storage volumes have gained 37% in two months as the coronavirus pandemic cut global crude consumption by a third...
The week in charts: Oil market chaos boosts charter rates; Dover ferry traffic suffers Despite what would appear to be a confluence of negative factors for the spot market, very large crude carrier rates...
Alfa Laval reports declining scrubber orders Uncertainty around yard slot availability, long-term fuel prices and freight rates contributed to the fall in demand
Second wave of blankings could disrupt European exports First half of 2020 will see a 17% reduction in capacity on the Asia-Europe trade lane
MISC unit completes VLCC sale While neither the buyer nor the sale price were disclosed, broker valuations peg a 15-year-old very large crude carrier at...
Call for regulators to step up on fuels conundrum Much needs to be done to understand the carbon footprint of fuels, including liquefied natural gas, methanol, hydrogen, ammonia, biofuel...
UK funds ferry routes to keep supply chains open Ferry operators carrying freight supplies between islands have struggled because of the coronavirus lockdowns
State bailouts are useful, if you can get one While the South Korean government pouring cash into HMM is deemed as a market distortion by some competitors, its alliance...
From the home front: Reaching across the globe from Italy's coronavirus hotspot Decisive action and flexibility have helped the company manage the situation. It believes this is how the needs of the...
Shipmanagers focus on crew morale as borders remain closed A prolonged period of contract extensions will lead to a significant rise in mental health issues and raise risks for...
Why is Japan holding back its entrepreneurs? A new report digs deep into the nature of Japan's innovation culture. It concludes that maritime would benefit greatly from...
UK copes with high volumes of container imports UK supply chain has managed to absorb influx of pre-lockdown ordered goods without terminal congestion
Daily Briefing Free to read: Clean storage crisis triggers record product tanker earnings | Debt-ridden Hin Leong acts to cede control to...
Is China's elusive V-shaped recovery helping shipping? In the longer-term, the coronavirus outbreak will lead to a deeper reconfiguration of supply chains as manufacturers look to mitigate...
Port of Hueneme hit as automobile production and sales stop 'We are expecting a dry spell in automotive cargo flows to the port of Hueneme for an uncertain period that...
Global Container Terminals files injunction to prevent Maersk leaving Maersk and Hamburg Süd told GCT they plan to stop calling at GCT New York on May 1
Danish shipowners 'deeply concerned' about South Korean subsidies Europe's top two container lines have spoken out in the past about state subsidies for some of their competitors, which...
Airports expected to function normally despite reduced control tower hours FAA cuts tower hours for air traffic control, but airports should continue to function smoothly.
Q&A: Transport economist on pandemic pain, lasting fallout IHS Markit's Paul Bingham predicts sustained 2020 weakness and higher long-term costs.
FreightWaves Flashback 2003 - Unknown impact of SARS 17 years ago, the SARS outbreak topped the list of concerns for the international shipping industry.
Mayor taps JAXPORT CEO for COVID-19 advisory group The 12 members of Reopen Jacksonville will advise the Florida city's mayor on the easing of stay-at-home restrictions put in place to slow the spread...
Delta Deep Dive: Airline resets cost structure for long term Delta Air Lines officials believe they have the reputation for customer service, reliability, and brand experience that will carry them through the pandemic. Now, they...
US Coast Guard monitoring oil tanker buildup off California (with video) Triple the number of vessels at anchorage increases risk of oil spill.
Commentary: COVID-19 - globalization's biggest test yet Trade is set to plummet by 13% and 32% in 2020
Maritime History Notes: Daniel K. Ludwig - father of the supertanker American shipping magnate believed in efficiency and economies of scale in operating the world's largest ships.
TANKERS: Americas Aframax freight spikes close to 110% on export drive, floating storage "Lots of ships going off for storage, for about a year," a shipowner said.
Virus-fueled rout in oil market promises lower US gas supply, higher prices "NBP is becoming the Waha of Europe; too much gas and not enough places to store it or sell it," said Ira Joseph, Platts Analytics head of gas and power.
ChemChina to take maiden Khafji crude cargo in May: source The 141,000-mt Khafji crude cargo is scheduled to arrive at Yantai port on around May 20, a source said.
Asia tanker freight rates at record high amid supply squeeze, but payment delays likely: traders "All sectors of tankers are very firm all over the world," a chartering executive with a commodities trading company said.
Singapore gasoil exports jump 148%, but middle distillate stockpiles remain near 43-month high Industry sources said the recent fall in gasoil outright price has spurred pockets of demand in the region.
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