PODCAST: David Lee of ABB discusses the current state of the U.S. tug market In this edition of Listen Up!, we talk with David Lee, senior account manager, new sales, at ABB Marine & Ports. He oversees all sales initiatives for towboats, tugs, dredging and marine
Sea-Cargo to retrofit RO/RO with tilting rotor sails Norwegian multipurpose vessel operator Sea-Cargo is to retrofit its 1997-built RO/RO SC Connector with rotor sails and a battery pack. Installation is scheduled for fourth quarter 2020 and Sea-Cargo says that, in
Natasia Pilides leaves shipping post to become Cyprus's Minister of Energy In a reshuffle of his cabinet last week, the President of Cyprus, Nicos Anastasiades, promoted Shipping Deputy Minister Natasa Pilides to Minister of Energy, Trade and Industry. Named Cyprus's first Shipping Deputy
Herbert-ABS expands its stability evaluation solution Herbert-ABS Software Solutions LLC, a joint venture between Herbert Engineering Corporation and American Bureau of Shipping, reports that it has expanded its HECSTAB stability evaluation software to include all vessel types and
Marine Highway grant will fund key element of Jeffersonville barge shuttle project The Ports of Indiana says that $545,145 awarded it in the latest round of MARAD Marine Highway grants will support a $778,766 barge shuttle project for Nucor Steel underway at its Jeffersonville
Stena Line presses ahead with ferry fleet modernization With 36 vessels and 18 routes in Northern Europe operating 28,000 sailings each year, Gothenburg, Sweden, headquartered Stena Line is one of Europe's largest ferry operators. And it says that, despite the
Portuguese repair yard Navalrocha stays busy Lisbon, Portugal, based ship repair yard Navalrocha has been bustling this year, even while navigating the COVID-19 outbreak. Notable jobs have included completing a multi-million Euro refit of a seismic survey ship
Signal to proceed with new dry bulk coverage Signal's market platform and shipmanagement businesses continue to grow despite the coronavirus pandemic
Libyan oil blockade could be lifted soon Any lifting of the five-month blockade on crude exports will offer respite to the aframax and suezmax markets
Navios boxship loses containers off Australia The incident follows the loss in May of 50 containers from the vessel APL England off Sydney
Extended LNG dual-fuel payback time limiting newbuilding orders Fuel price spreads equate to between a 10- and 12-year payback for shipowners investing in liquefied natural gas dual-fuel technology...
Bunker Holding expects unpredictable year as profit doubles Earnings before tax was $155.2m, which means that profit was double the previous year's $77.3m on revenue of $10.6bn
Freight rate increases mask regional variations With little sign of any upturn in volumes, aggressive capacity management steps are set to remain in place
Castor Maritime raises funds for fleet growth Underwritten offering raises $20.7m, but a further $20.7m could be generated by 59.1m warrants
DFDS cuts 650 jobs to 'adapt to new market conditions' Danish car and passenger ferry operator is to make 8% of its workforce redundant as part of cost-saving measures
Time is right for fledgling Guinea shipping line GSC plans to set up a platform that will provide shipping services for all mining concessions in Guinea that are...
Norden orders four ultramax bulkers The quartet of 61,000 dwt vessels is expected to be delivered during 2022, on the back of Norden's sale of...
Indian ports hold Chinese shipments amid rising tensions Many Indian exporters fear that China could retaliate against the holding up of its consignments at Indian ports by delaying...
Trafigura renews US financing in deal worth $4bn Earlier this month, Trafigura emerged as a winner from the sharp decline in crude prices caused by the coronavirus pandemic...
Daily Briefing Free to read: Grimaldi calls for tougher cargo fire safety rules | The Lloyd's List podcast: Waiting for the world...
Australia expects LNG export earnings to fall 26% Export volumes are expected to hold steady but these will not assuage the damage from drastic falls in LNG prices
Gulf of Mexico grain export terminal repairs delayed The delay means the Reserve terminal will miss a key portion of the US crop-cargo season, with most of the...
Update: One dead in shooting outside Amazon fulfillment center in Florida Search underway for gunmen after prospective employee is slain in Jacksonville.
Breaking News: Two people shot outside Amazon fulfillment center TV news reports at least one person critically injured at facility in Jacksonville, Florida.
SAL Heavy Lift sails on IT cloud CIO Claas Matthies is tasked by SAL Heavy Lift with implementing a digital strategy to streamline and improve the financial outcome for one of the...
Career Tracks: Fifth-generation dockworker appointed to harbor board Long Beach mayor taps ILWU officer Bobby Olvera Jr. to serve as commissioner.
Singapore July ex-wharf marine fuel term contracts settle lower on ample supply
US crude stocks expected lower amid export surge
European VLSFO weak on ample supply, while limited supply supports HSFO
FEATURE: HSFO cracks at pre-IMO 2020 levels on sour crude shortage, US refiner demand
INTERVIEW: Sing Fuels to expand into other fuel oil segments as it bolsters bunkering Sing Fuels setting up bunker trading desk for LNG and evaluating greentech projects, Thomsen said.
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