VIDEO: Wärtsilä upgrades Coast Guard Academy simulation complex Wärtsilä has completed replacement of the Ship Analytics simulator solution at the U.S. Coast Guard Academy's Ship Control and Navigation Training System (SCANTS) facility. The original simulator system was installed at the
VIDEO: Maersk and DFDS join partnership aiming for industrial-scale sustainable fuel production Shipowners A.P. Moller - Maersk and DFDS have joined a Danish partnership that plans to develop an industrial-scale production facility in the Copenhagen area to produce sustainable fuels for maritime, road and
Eastern Pacific to build dual-fuel LPG carrier trio Singapore-headquartered Eastern Pacific Shipping (EPS) and Equinor have agreed on a time charter for three newbuild LPG dual-fuel propulsion gas carriers that are slated for delivery in 2022 from South Korean shipbuilder
LCS 24 completes acceptance trials The future USS Oakland (LCS 24) successfully concluded acceptance trials May 22, following a series of in-port and underway demonstrations in the Gulf of Mexico. During trials, the final milestone prior to
Damen introduces electric cutter suction dredge Damen Shipyards Group continues to extend its portfolio of electrically powered vessels. The latest addition to the line up is its first electric cutter suction dredge (ECSD) 650. With electric motors powering
Wilhelmshaven FSRU to be built by DSME Mitsui O.S.K. Lines Ltd. (MOL) and LNG Terminal Wilhelmshaven (LTW) have signed an agreement to build and charter a 263,000 cu.m LNG Floating Storage and Regasification Unit (FSRU) for the planned LNG
Two-thirds of shipowners have no decarbonization strategy, survey finds Shipowners see ammonia and hydrogen as the most attractive fuel options for the long term, according to an ABS survey. Nearly 60 per cent of respondents said they viewed hydrogen and ammonia
Hafnia rides floating-storage boom in first quarter The Oslo-listed company said it was in a strong position despite rates declining since their late-April peak.
Lloyd's List Ask the Analysts webinar: Register now and submit your questions When Lloyd's List launched its regular Ask the Analysts webinar last month we were bombarded with questions on everything from...
Eastern Pacific and Equinor line up dual-fuel LPG trio The alignment of green case credentials was enough to tempt Eastern Pacific away from its usual spot focus
StealthGas says 'question mark' raised over LPG market Owner posts increased profit but says it is taking 'defensive' measures in anticipation of a potential second wave of virus...
Maersk climate targets unaffected by coronavirus The company is sticking to its 2030 and 2050 decarbonisation targets and continues to explore zero emissions fuels
PIL confirms investment talks with Temasek 'As discussions with Heliconia progress, the board will make further announcements as and when there are any material updates or...
Marine fuel market must prepare for a new 'normal' With three shocks in the space of three months, the international marine fuel market has experienced significant turbulence already this...
Neda clinches LR2 order at Daehan Neda has incorporated improved cargo handling features and cargo flexibility into the vessel specification
Arkon to combine with Wilson to create European coastal giant The agreement will start from the second half of the year, subject to approvals
Danish companies unite for green hydrogen project Maersk and DFDS are among six Danish groups behind a project they hope will see green hydrogen and e-fuel deliver...
MOL orders FSRU for German LNG terminal The Wilhelmshaven terminal will have a capacity to import 7.25m tonnes of liquefied natural gas per year and is expected...
Daily Briefing Free to read: China congress: more stress than relief to shipping | Arkon in merger with Wilson to create European...
CSSC Shipping wins bank support for feeder newbuilds The 10-year loans are signed against 12-year bareboat charters for the vessels, which will be delivered in 2021
Will greater LNG demand lead to the death of coal? A 5% decline in thermal coal equates to just over 1% of total dry bulk demand, Stifel analyst Benjamin Nolan estimates
Air Canada raises $750 million to boost liquidity Airlines like Air Canada are raising private capital through various means, while also seeking emergency government assistance.
Mounting debt to shackle airlines' pandemic recovery, group says Airlines are in a no-win situation. They need money now to keep from going under but know that debt payments will make it more difficult...
Forty containers fall off APL England Authorities blame heavy seas off Australian coast for loss of medical supplies, household appliances and building materials
LATAM Airlines files for bankruptcy protection LATAM Airlines is looking for protection from creditors as it downsizes, something that all airlines are trying to figure out how to do in the...
Russia bans fuel imports until October to protect domestic refiners Russia on Monday introduced a temporary ban on imports of oil products, including gasoline, diesel, and jet fuel, until October 1 to protect the domestic market again imports of cheap fuel, mainly from Belarus.
Europe and Africa residual fuel -- key market indicators this week Participants in the European 0.5% sulfur marine fuel market have been eying the possible signs of firming market sentiment in the coming weeks, as national lockdown restrictions from the coronavirus pandemic begin to ease in Europe. However with refinery runs in Europe starting to increase, supply-side pressure is expected if demand does not pick up fast enough.
OIL FUTURES: Crude hits 10-week high as economic restarts prompt demand optimism Crude futures settled higher amid signs that the continued reopening of economies in the US and Europe could bring balance to oversupplied oil markets in coming weeks.
Asia residue fuel market - Key market indicators this week The Asian marine fuels market was unlikely to see any significant uptick in the ensuing days, said traders. Despite initial signs of a gradual pick up in demand, a less-than-upbeat market sentiment was underpinned by a supply overhang.
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