Thrustmaster auxiliary propulsion units selected for Navy's new guided missile frigate Thrustmaster of Texas, Inc. reports that it has been awarded a contract by shipbuilder Fincantieri Marinette Marine (FMM) for the design, development and manufacture of the auxiliary propulsion unit (APU) on the
Shipowners and P&I clubs turn to predictive intelligence to ensure sanctions compliance While sanctions-busting countries continue to find new way to cloak their maritime activities, the shipping industry faces increasing sanctions compliance requirements from agencies such as the U.S. Treasury's Office of Foreign Assets
Israel Shipyards orders MAN propulsion packages for OPV duo MAN Energy Solutions has won a contract to supply complete propulsion packages for two OPV-45 offshore patrol vessels currently under construction at Israel Shipyards in Haifa. The contract covers two identical shipsets,
J.F. Brennan gains ISO certificates in three key areas La Crosse, Wis., headquartered J.F. Brennan Company Inc. has received International Organization for Standardization (ISO) certification to three separate international standards: ISO 45001-Occupational Health and Safety ManagementISO 9001-Quality ManagementISO 14001-Environmental Management Accreditation
Cargill in wind propulsion initiative Agribusiness giant Cargill, one of the world's top charterers of ships, is continuing to put its considerable weight behind efforts to decarbonize shipping. In its latest move in this direction it has
Kirby earnings hit by COVID-19 and hurricanes America's largest tank barge operator, Houston-headquartered Kirby Corporation (NYSE: KEX), today reported third quarter net earnings of $27.5 million, or $0.46 per share, compared with net earnings of $48.0 million or $0.80
Britannia warns on higher pricing, but sweetens pill with cashback Britannia says it will not set a general increase in rates but will instead raise more premium income on a...
Eleven stowaways found on ro-ro at Southampton A group of 11 Albanian stowaways were found in the hold of a Wallenius Wilhelmsen car carrier at Southampton days...
Pandemic second wave and LNG supply glut imperil winter rates strength A winter demand spike has lifted daily spot earnings for LNG carriers to above $100,000 on routes from the US...
Take BIMCO sale and leaseback template as roadmap, experts argue The new standardised term sheet published by BIMCO will provide some useful guidance about how to put a term sheet...
Carrier behaviour more important than credit ratings As container lines prepare to publish what will likely be stellar third-quarter results, and bask in the glow of ratings...
Felixstowe congestion spreading to London Gateway and Southampton Congestion at the port of Felixstowe has spread to nearby box hubs London Gateway and the Port of Southampton, adding...
DSV Panalpina posts strong quarterly performance Conditions for the freight forwarder have been better than expected, but the assumptions behind its forecasts are more uncertain than...
Lloyd's Register launches decarbonisation centre Lloyd's Register's new Maritime Decarbonisation Hub will seek to accelerate decarbonisation, help reduce carbon intensity and deploy zero-emissions ships by...
LNG marine fuel gains traction as France's Total orders four tankers French energy company Total has ordered four new LNG-powered aframax tankers to be delivered in 2023 from two Norwegian companies...
Hunter sells VLCCs it bought back from Ship Finance International Oslo-based Hunter Group sold the 2019-built 300,000 dwt Hunter Saga and Hunter Laga for an en-bloc price of $168.4m. The...
Greek Shipping Awards: The show must go on! Boldly embracing and perhaps even expanding the possibilities of digital, this year's Lloyd's List Greek Shipping Awards are still being...
Major lines eye scrubbers or LNG for next mega ship orders Hundreds more container vessels may go on order in the next two years, with a focus on 23,000 teu and...
Greek ferries feel the full brunt of pandemic A vital contributor to the economy as well as a lifeline to the country's island population, Greece's ferries face a...
IR Class expects Indian tonnage to grow on domestic demand Indian shipowners have been augmenting their fleet with new and existing vessels, said executive chairman of Indian Register of Shipping...
Daily Briefing Free to read: Greek shipping activity grows | West of England defends rate hike | MEP report pushes for EU...
South Australia ramps up hydrogen export ambitions The per kilogram cost of producing hydrogen in Australia needs to come down first before it can compete internationally. South...
Why shipping's real leaders don't join coalitions Nailing down a definition of leadership in shipping has always proved hard. That's because the industry is fragmented, which is...
No let-up on China tariffs by Biden or Trump The chief effect of Mr Biden's approach on tariffs and sanctions will likely be calmer seas ahead, while that of...
Gulf of Guinea pirates becoming 'more professional' Countering the Gulf of Guinea's piracy threat to shipping demands co-ordinated approaches between companies and states as well as improving...
A second term for Trump could be good for tankers, research says Meanwhile, bulker and boxship owners might prefer a Biden presidency
Royal Caribbean posts negative revenue amid accounting error New York-listed cruise major posts third consecutive quarter of losses amid pandemic
US stocks rocked by tough week, but shipping shares are twice as bad Markets stabilise Thursday after suffering worst single day since June on virus fears, election
GTT diversifies research efforts into hydrogen and ammonia French LNG cargo containment system designer says results of Korean Fair Trade Commission hearing are 'pending'
Capesize market 'loses confidence' as supply swamps Atlantic Falling rates also follow cascade in oil prices amid Europe's Covid-19 lockdown renewals, brokers say
DNV GL names former Telenor CEO as new chair The Norway-based classification society has focused on industry digitalisation during the coronavirus pandemic
Kirby pitches turnaround as Covid-19 drags on earnings The Houston company is posting profits, just smaller ones as the pandemic continues to rage
Hafnia to adopt bunker fuel derived from coal waste Oslo-listed tanker operator in further decarbonisation drive with Arq
Ostensjo eyes expansion as Simon Mokster invests in crewing business Norwegian offshore owners teaming to build up Mercator Crewing after 2019 takeover
New Fortress buys offshore vessel for new LNG import solution Company make key shipping hire and opens US Gulf office to handle barge-based ISO container shipments
Maersk Tankers' ZeroNorth expands board as Cargill buys in Chartering giant's investment approved as two new faces join board of digital start-up
Barcelona seeks financing for cruise projects amid Covid-19 Europe's largest haven for passengerships has €72m in infrastructure improvements on tap for 2020
NYK Line chopping Nagoya listing as streamlining continues Big Japanese shipowner wants to cut costs by ending dual listing
Scorpio Bulkers was serious about selling - but now what as it waits for wind shift? Executives expect a new group of analysts and investors, but can they go two years without a revenue-generating business?
LNG carrier spot rates inch higher as tonnage pool slims Tri- and dual-fuel diesel-electric vessels join six-figure party but charterers hold back
Siem Offshore calls for mergers as rivals take 'unsustainable' rates Norwegian offshore vessel owner says consolidation is vital for sector with no recovery in sight
Dramatic Navios product tanker rescue adds to security fears in Gulf of Guinea Experts say incident shows citizens are becoming increasingly desperate to flee the troubled region
Irene Lan takes helm of bulker owner Shih Wei Navigation A maritime graduate, Lan rose through the ranks in Shih Wei
Pareto auctioning OSV duo as banks seek to recover $267m Construction ships linked to Singapore's Coastline Maritime to be sold in the US in December
Pareto Bank's shipping book reduced but loan losses also down Niche Norwegian shipping lender hunting for new business as it remains unscathed by pandemic
Essar Shipping tests buyer appetite for its six mini-capes Indian shipowner says it is open to selling vessels, but is not in any rush to say goodbye to them
Hunter Group plans shareholder payout as it confirms VLCC sales Norwegian shipowner says it has agreed to offload two tankers for a combined $168.4m
Novatek poaches Sovcomflot's Evgeniy Ambrosov for top maritime job Northern Sea Route operations likely to be a key focus for well-known Russian shipping name
The shipping dollar called - and it was ringing from an Oslo number While nobody was paying attention, the foreign exchange has made Norway a bargain for global shipping businesses
Odfjell chairman slams autonomous ships as a low priority for shipping Laurence Odfjell claims shipping has far more important issues to tackle than autonomous ships.
Denmark's Esbjerg eyes more dry bulk after new terminal's first discharge Port chief executive says he is confident the new facility will attract more business to the port
Bassoe: Shipyards face $15.2bn loss on orphaned rig newbuildings Norwegian broker says yards may finally have to bite the bullet on rigs with 'nowhere to go'
Synergy Marine celebrates workers on FSU conversion project in Singapore Despite work difficulties and pandemic outbreak, company applauds work without incident or Covid-19 infections
Unisea Shipping makes suezmax debut with $110m order Unisea previously only contracted Samsung Heavy Industries to build aframax tankers
Cido Shipping linked to first newbuilding order in five years Hong Kong shipowner said to capitalise on special relationship with HHI to order two VLCCs
UPS pilots ask for more precautions to slow COVID cases UPS pilots say the company isn't holding up its end of the bargain to keep them safe while flying cargo during a pandemic. UPS denies...
ATSG sees Q3 earnings rise on cargo aircraft leases Air Transport Services Group's freighter leases offset financial losses from its grounded passenger planes.
Amazon sees surge in Q3 earnings The e-commerce retail and logistics giant's bottom line is healthier than ever.
South Carolina Ports on brink of 'truly historic' 2021 'Significant accomplishments' in 2020 will be followed by game changers next year.
CIEM chassis begin rollout at new Virginia plant Chassis manufacturer anticipates chassis shortage as COVID-19 subsides as well as desire among pool operators to replace aging units.
Search ends for Port of Savannah longshoreman Coast Guard utilized helicopter, response boat and local agencies in the effort to find longshoreman Joe Williams.
Demand for Kirby's inland tank barges sank in Q3 Kirby tops earnings expectations on lower costs despite COVID and hurricane hits to demand.
DSV Panalpina CEO: Q3 results beat odds during pandemic Danish third-party logistics services provider's bottom-line benefits from easing COVID-19 during summer months.
DOD planning 'every logistical detail' of COVID vaccine distribution The Defense Department, the biggest logistics organization in the world, is putting its expertise to work developing a strategic plan for efficiently delivering a COVID...
TENDER DATA: India's HPCL sells HSFO for Nov 5-7 from Visakhapatnam The company last sold 27,000 mt of 380 CST HSFO with 3.5% maximum sulfur for loading over Oct. 16-18 from Visakhapatnam to an unknown buyer, at a discount of $20-$25/mt to MOPS 380 CST HSFO assessments, market sources said. HPCL is an occasional seller of HSFO via spot tenders, according to market sources.
Bangladesh to maintain HSFO imports in Nov despite shoulder season on high LNG prices Bangladesh's import of high sulfur fuel oil in November is expected to be steady from October as the country's plan to import LNG from spot market for the month thwarted due to higher than expected price, industry sources said Oct. 29.
GIBRALTAR DATA: September bunker calls fall 2% on month There were 412 bunkering operations at the Mediterranean bunkering hub of Gibraltar in September, 2% less than in August, data from the Gibraltar government showed.
Fujairah MF market may garner further support on tight availability: traders Fujairah marine fuel 0.5%S bunker market may firm up further going into November due to thin product availability, traders said Oct. 29.
OIL FUTURES: Crude weakest since June amid coronavirus-dimmed demand outlooks Oil prices settled at the lowest level since early June on Oct. 29 as demand outlooks dimmed in the face of rising coronavirus cases that have sparked broad lockdowns in Europe.
Rotterdam Q3 bunker fuel sales rise 8% on year **Fuel oil sales rise, MGO sales fall **HSFO sees its share creep up from Q2
India's BPCL looks to increase Mumbai bunker sales **BPCL revives operations at Mumbai Oil Terminal **Supply chain made more efficient to ensure prompt deliveries **Company to tap outer port limit arrangements for bunkering
Aframax Med market reaps benefits from Libyan crude export surge **Libyan output supports Aframax freight rates **European refineries buying Libyan crude **Other European grades to be pulled East
Rotterdam Q3 LNG bunker sales double on year *Year-to-date sales greater than annual volume for 2019 **LNG cargo throughput at Rotterdam falls in Q1-Q3
Rotterdam HSFO crack hits record high on tight supply **Tight availability drives multi-month record for margin **Coronavirus continues depresses production levels
IMO, S. Korea partner to help less-developed nations meet shipping climate goals **Partners recognize barriers to poorer nations meeting targets **Geopolitics may cause regional approaches
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