Callan Marine wins Gulf Intracoastal dredging contract Galveston, Texas-based Callan Marine has been awarded the U.S. Army Corps of Engineers contract for maintenance dredging of the Gulf Intracoastal Waterway, from Rollover Pass to the Galveston Causeway. This project will
America's first cargo hybrid to add autonomy The first hybrid cargo vessel to be built in the U.S., the Captain Ben Moore, the third in a series of 65 foot hybrid catamarans built by Derecktor Shipyards, Mamaroneck, N.Y., is
FERRIES 2020: New hybrid electric WSF Olympic class ferry On November 10, Matt Williams, program manager at Portland. Ore.-based Vigor, will give a presentation at Marine Log's free virtual FERRIES 2020 conference that features highlights and progress on the new hybrid
USCG FRCs could be based in American Samoa U.S. National Security Advisor Robert O'Brien last week announced plans to conduct a feasibility study on whether to base U.S. Coast Guard Sentinel Class Fast Response Cutters (FRCs) in American Samoa. "The
U.K. special forces end stowaway takeover of Navios tanker An incident in which a group of stowaways took control of the Navios Tankers Management 75,000 dwt tanker Nave Andromeda in the English Channel off Gosport, Hampshire, ended when U.K. special forces
Stowaway drama highlights policy shortfalls and legal vacuum There are no guidelines for crew to deal with unauthorised persons who have boarded a ship, so the incident at...
IMO must do more work on emissions, says industry BIMCO and the World Shipping Council have told governments there is more work to do after an agreement was reached...
Oil transfer starts from stranded Venezuelan floating storage unit Questions have been raised about whether a larger tanker could be used for the operation, which would take up to...
Hope fades for three missing seafarers after tanker explosion Three seafarers missing after an explosion on a chemical tanker in the Sea of Azov
'Stay positive, think global' is message of Posidonia panel The most far-reaching consequence of the health crisis is expected to be a discouragement from ordering ships, which will lead...
UK's freight ecosystem braces for massive changes The UK's freight ecosystem faces massive changes in how it does business with its European trading partners
Falcon Maritime joins Dania Ship Management The addition of Falcon Maritime extends Dania Ship Management's capabilities to create 'a compelling platform' for Copenhagen-based shipmanagement solutions
Scrubber sales fall amid uncertainty, says Wärtsilä Signs that the fuel price spread has increased in recent weeks is encouraging, but risks remain about a second or...
Vessel owner praises 'calm' crew after security incident Greece-based Navios Tanker Management thanks the UK authorities for their response and praises ship staff for remaining calm through their...
Box lines add record capacity in fourth quarter After overshooting on capacity reductions during the peak of the pandemic, container lines have not only restored blanked sailings but...
Italy LNG bunkering on track with Toscana green light Italy has at least two terminals being developed to provide LNG bunkering services
Armed robbers target three vessels along Singapore Strait The Singapore Strait has seen 28 reported incidents since the start of this year, 24 of these occurred in its...
Daily Briefing Free to read: IMO agrees emission-cutting proposal despite reservations | Counterparty scrutiny spikes as supply chain risks rise | No need...
E-commerce explodes into holiday shipping season We're shopping online for products at levels not expected for 10 years because of the pandemic. Delivery companies are trying their best to stay ahead...
OOCL Q3 revenue climbs 16.3% Hong Kong-based container carrier moves 1.94 million TEUs during the third quarter of 2020.
Career Tracks: COO, CTO and CMO Svitzer, Alvys, Blue Ridge, Duluth Seaway and Bureau Veritas announce appointments.
What shipowners should know about new pollution control standards Maritime sector is encouraged to weigh in during a 30-day comment period that begins Monday.
OIL FUTURES: Crude settles lower as COVID-19 surge threatens demand outlooks Oil futures settled lower Oct. 26 as demand outlooks came under pressure amid a surge in COVID-19 cases in the US and Europe.
AMERICAS BUNKERS: Key market indicators this week Spot marine fuel pricing was again mixed throughout the Americas, with the week ended Oct. 24 seeing a bearish close, as ports took direction amid limited liquidity and some feedback pointing to shifts in supply fundamentals.
Europe and Africa residual fuel -- key market indicators this week Market conditions in Northwest Europe are strengthening as a result of reduced supply in the market, while demand remains largely unchanged at levels below those before the coronavirus pandemic.
CHINA DATA: Sep fuel oil exports drop 23% on month to 1.27 mil mt China exported 1.27 million mt of fuel oil in September, down 23% on the month but up 31.9% year on year, data from the General Administration of Customs showed Oct. 26.
Singapore 10 ppm gasoil/marine fuel 0.5%S spread shrinks to 6-month low on faltering gasoil The spread between FOB Singapore 10 ppm sulfur gasoil and marine fuel 0.5%S narrowed to a 6-month low Oct. 23 on the back of weakening gasoil and tightening marine fuel 0.5%S markets.
Asia residue fuel market - Key market indicators this week Traders expect fuel oil supply for both low sulfur and high sulfur grades to remain tight in the coming weeks as refiners are cutting run rates globally due to weak middle distillate demand.
Shipping industry players must take more active role in decarbonization **Industry must work in tandem with other stakeholders **EU ETS undermines global decarbonization efforts
Galp maintains 2020 output, capex targets on Brazil ramp-ups **Targets 10% production growth, 50% capex cut **Production costs reduced to $1.90/b in Q3 **Downstream hit by aviation, bunkers
Market imbalances point to opportunities for clean products tanker market: analysts **Differing impact of coronavirus opens arbitrage windows **Gasoline key to recovery for oil demand **Short-term outlook for gasoline, clean tankers weak
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