Canada awards Heddle Shipyards contract to refit CCGS Griffon Public Services and Procurement Canada, on behalf of the Canadian Coast Guard, has awarded a contract worth CA$4 million (a little over US$3 million) to Heddle Shipyards, Hamilton, Ontario, for refit work
Marine Log's TTB virtual event sees record attendance TTB-Tugs, Towboats & Barges kicked off its first-ever virtual event with nearly 350 participants-triple the event's attendance when it was Tugs & Barges. The event was held virtually due to the COVID-19
Mauritius will establish Court of Investigation into Wakashio grounding While the captain and chief officer of the ill-fated bulker Wakashio continue to be held in police custody, the Government of Mauritius is finalizing plans to hold a Court of Investigation to
MacGregor to supply key system for giant offshore wind installation vessel MacGregor has booked its largest ever single-vessel contract. It covers the supply of a system critical to the mission of what will be the world's largest custom-built offshore wind foundation installation vessel.
Was Bonhomme Richard fire the result of arson? According to multiple media reports citing unnamed Navy officials, a sailor is being investigated in relation to possible arson in the fire that severely damaged the U.S.S. Bonhomme Richard in July. Both
Law firm HFW acts on the sale of near half Swiss commercial fleet Eight separate vessel sales by Geneva-headquartered Massoel Shipping SA represented almost 40% of all Swiss-flagged commercial maritime vessels, according to London-headquartered law firm HFW (Holman Fenwick Willan LLP), which advised Massoel on
Cheoy Lee delivers first of two RAstar 3200-CL tugs Cheoy Lee Shipyards recently delivered the first of two Robert Allan Ltd. designed RAstar 3200-CL tugs to Yiu Lian Dockyards Ltd., Hong Kong. Named Hai Kun, on sea trials the tug achieved
Agribusiness, waterways operators eye likely impact of Laura Hurricane Laura came ashore near Cameron, La., with sustained winds of 150 mph at 1 a.m. as a Category 4 hurricane, but has since been weakening. Even before the storm came ashore,
Shipping's road to decarbonisation faces familiar obstacles A broader mobilisation towards a lower-carbon future will require political backing - and that means stronger decarbonisation commitments in the...
MPC Capital incurs impairment on container unit restructuring Deutsche Börse-listed former KG house, a co-investor in MPC Container Ships, has seen profits fall sharply thanks to its exposure...
Eastern Pacific exits handysize space with sales The company, part of Idan Ofer's empire, has sold four bulkers this month for a total of $35.95m, according to...
Hutchison agrees deal for third Egypt terminal Agreement will see a new $730m container terminal built on Egypt's Mediterranean coast to boost cargo exports
Bold move to exit Asia-Europe trades may have secured Zim's future Zim appears to have carved out a clear position in the container shipping industry, allowing it to look ahead with...
Zim chief hails 'very positive' position while shrugging off IPO speculation Israeli container line is still focusing on quality of service, while it is also benefitting from lower costs during the...
Tanker shipping focuses on outcome of US election The US presidential election is the 'biggest variable' for the prospects of energy shipping sector, says state giant China Merchants...
Frontline covers against market volatility as profits soar Frontline attributed a jump in second-quarter earnings to storage for unsold crude during the coronavirus pandemic
Cosco ports expansion not impacted by pandemic The Chinese state giant is unwavering in its ambitions in theface of the rising Sino-US tensions and the coronavirus backdrop...
A personal tribute to Greece-based maritime lawyer Patrick Hawkins Law firm Hill Dickinson plans to hold a commemorative service for Greece-based managing partner Patrick Hawkins, who has died in...
BW LPG sees challenging market in 2021 In the medium term, there is downward pressure on US LPG supply following lower oil prices, the Oslo listed company...
US Gulf ports feel force of Hurricane Laura The National Hurricane Center said Laura had weakened to a Category 3 hurricane but that it was still one of...
Daily Briefing Free to read: Crew change crisis deepens amid bureaucracy, logistics and cost | Open-loop scrubbers shrug off regional restrictions | Merger...
OOCL launches two direct China-Southeast Asia services The new services seem to suggest that OOCL, traditionally more of a mainline carrier, also sees the potential of China-Asean...
US issues sanctions over 'unlawful' construction in South China Sea One CCCC subsidiary, China Harbor Engineering Corp, built the Hambantota port in Sri Lanka, which has long been condemned by...
Wallenius Wilhelmsen raises $224m in bond issue Wallenius Wilhelmsen raised $224m in a four-year bond issue, saying it would refinance existing debt. The carrier's revenue fell 40%...
Flex LNG expects 270 cargo cancellations this year The Oslo-based company, part of John Fredriksen's Seatankers Group, said on an Arctic Securities webinar that it expected strengthening LNG...
Green hydrogen is leading decarbonisation pilot projects A new mapping initiative by the Getting to Zero Coalition highlights the prominence of green hydrogen in new decarbonisation projects...
Five vessels diverted from Port of New Orleans Some ships bypass calls at Port NOLA this week, although Port Houston reports no schedule changes.
E-commerce logistics, airfreight fuel Kerry Logistics' 1H profit Hong Kong-based 3PL's warehouse business suffers from shrinking inventories, but forwarding business saves the day, leading to $109 million first-half profit.
Singapore's Scoot strips seats for cabin cargo If you're an airline with the name Scoot, you've got to move fast. The Singapore carrier did that when it transitioned to cargo flights and...
Major ports and roads remain closed after hurricane makes landfall Key ports and roads across the Texas-Louisiana Gulf Coast remain closed in the aftermath of Hurricane Laura.
Commentary: Applying AI to decision-making in shipping and commodities markets Innovation in the maritime industry relies on top-down mandates that are complicated by multilayered regulatory regimes and compliance requirements.
US Gulf Coast energy industry assessing impacts of Hurricane Laura The US Gulf Coast energy industry was assessing the impacts of Hurricane Laura Aug. 27 and deciding when to begin reopening after the storm swept through the area overnight.
OIL FUTURES: RBOB sheds storm premium as USGC refiners assess storm damage NYMEX RBOB futures settled sharply lower Aug. 27 as early reports indicated only limited damage to US Gulf Coast energy infrastructure from Hurricane Laura.
Bangladesh's LSFO demand to double in H2 as imports commence The South Asian country started importing 0.005% sulfur gasoil in July.
ONE offers new service connecting ports of Far East Russia with Busan The first sailing on the route is expected to take place from Busan on Sept. 14.
Container shortage in rural US hampers soybean exports Platts Container Rate 13- North Asia to West Coast North America-climbed to $3,450/forty-foot equivalent unit, or FEU, on Aug. 17.
Taiwan ports see 15% increase in marine fuel volumes in August on demand diversion: sources "We have seen an increase in a number of bunker-only call ships that don't typically come to Taiwan," said a source CPC Corp.
Singapore high-sulfur bunker demand endures as sales increase Spot market volatility props up HSFO demand.
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