Shipping's cyber readiness mixed ahead of IMO deadline High-profile cyber attacks and the impending IMO 2021 requirement for shipping to get its digital house in order have sent...
The week in charts: Libya offers tanker support as crude tonne-mile demand slumps The rapid growth in Libya's oil exports since the resumption in October has provided some support for suezmax tankers in...
DFDS starts ro-ro service linking Irish Republic to Europe The UK's decision to leave the EU customs union has made the land bridge across the UK less appealing for...
Seafarers grow tired of being undervalued The culture of adjusting records and reports to suit regulatory compliance is said to be well known among industry stakeholders...
Urgent consensus needed over decarbonisation The slow pace of regulation and a working status quo mean the transition to zero-carbon shipping will be challenging. But...
Spike in empty containers leaving port of Los Angeles Asia to the US west coast is far from a balanced trade in normal times but past few months have...
Intermanager elects Columbia's O'Neil as president O'Neil will consider how to introduce an industry standard to assess quality ship managers and wants maritime stakeholders to set...
Pacific Basin buys four ultramaxes from Scorpio The sales bring Scorpio's bulker disposals tally to 17 since the end of September as it swiftly exits the dry...
Asia-Europe container freight spot rates hit new highs Record demand and a shortage of equipment is seeing box spot rates skyrocket. Asia-Mediterranean rates hit an all-time high this...
HOLD Owners' primary drivers of digitalisation revealed in new survey All attendees to the webinar will receive full access to the Digitalisation Uncovered publication, which includes interviews with ABB, Bureau...
China agrees $1.5bn deal for additional Indonesian coal The deal is for three years, according to a statement from Indonesia's coal mining association. While it did not provide...
Gulf states' economic blueprint may offer green energy solutions Economic diversification underpins the visions unveiled by Gulf states a year ago. Some funding should still be made available to...
The Lloyd's List Podcast: Is shipping still a Luddite sector? Despite all the positive examples of innovation, entrepreneurship and collaboration, shipping still struggles to move from siloed projects to scale...
Westports absorbs lockdown impact as volumes rebound As many countries emerged from lockdowns and movement restrictions in the third quarter, volumes also rebounded. Various forms of curbs...
Keppel wins $75m FPSO conversion contract The current project is Keppel O&M's 140th floating production storage and offloading vessel conversion project. Extra precautions are being put...
Small-scale LNG on the brink of breakthrough If the global LPG fleet is anything to go by, hundreds more small-scale LNG carriers may be required to support...
Volga-Dnepr grounds An-124 super-freighter fleet after accident Volga-Dnepr said it is taking safety precautions by grounding its fleet of mega-freighters. One of its An-124s was involved in a serious accident earlier this...
Senior general to lead Canada COVID-19 vaccine distribution A top general in the Canadian Armed Forces will oversee Canada's COVID-19 vaccine distribution efforts as questions mount over timetable and logistics.
Air Canada finalizes decision to convert aircraft to freighters Air Canada is showing itself to be one of the most innovative airlines around. It plans to start an all-cargo subsidiary on top of new...
Maritime History Notes: Tankers landed for Apollo program Three laid-up Mission tankers were enlisted to help get a man on the moon.
Unpacking political action committees: Why are transportation PACs important? Transportation PACs offer a way for trade associations - and the smaller companies they represent - to have a political voice, proponents say.
REFINERY NEWS: Repsol raises biofuel target to 2 mil mt/year by 2030 **Current output 700,000 mt/year **Previous target of 850,000 mt/year of HVO by 2025
SPAIN DATA: Oct. bunker fuel volume up 3.1% on month, down 9% on year **Algeciras, Barcelona, Ceuta drive on-month rise **Las Palmas demand drops
ARA fuel oil stocks rise 13% on week to 1.472 mil mt: Insights Global **European demand diminishing amid closing arbitrage windows **Tight HSFO market due to ease on Baltic arrivals
Russia aims to export hydrogen, take leading role: report **Russia has "enormous supplies" **Development proposals could be ready in Q1 2021
REFINERY NEWS: Rosneft close to completing upgrades at four Russian refineries - report **Hydrocrackers at Achinsk, Komsomolsk, Novokuybishev and Tuapse ready to launch **Rosneft expects 3.5 million mt output of VLSFO at Russian plants in 2021
Novorossiisk to convert fuel oil handling capacity to bitumen, biodiesel capacity: reports **Russian is decreasing fuel oil production **Potential for rise in biofuels production
Nigeria asks OPEC to review repercussions of output strategy **President Buhari asks OPEC to understand peculiar challenges **Growing dissent among OPEC members ahead of key meet **Nigeria in recession as economy reels from COVID-19 pandemic
European mobility hovers near six-month low ahead of new lockdown easing **Weekly economic mobility level lowest since June 1 **Governments maintaining restrictions despite vaccine hopes **Oil demand impact seen at 1.5 million b/d in 2020
Bunkerworld Index: Prices firm on enduring pockets of demand, optimism for crude **USGC prices on the rise despite easing availability **ARA MGO supply concerns appear **Quarantine rule hits Hong Kong buying appetite
OPEC+ JMMC to hold informal talks Nov. 28 **JMMC comprises Russia, Saudi Arabia, the UAE, Algeria, Nigeria, Iraq, Venezuela and Kazakhstan **The group is meeting amid uncertainty over demand in the coming months
Danish field certified for use as carbon storage facility: Wintershall Dea **DNV GL certifies site as able to safely contain CO2 **First well ready for injection at Nini West in 2025 **To have capacity of 3.5 million mt/year before 2030
CHINA DATA: Nov crude throughput inches up as state-owned refiners raise run rates to 80% **PetroChina, CNOOC, Sinochem boost run rates **Sinopec operating rates hold steady **ZPC's CDU trial runs at about 50% of capacity
Volkswagen partners with GoodFuels to run fossil-free car transport operations **Volkswagen powers car freighters with used oil from restaurants **First ship with MAN engine already running on climate-friendly fuel **Upscaling usage of marine biofuels within RoRo segment to be pursued
TENDER DATA: Thailand's PTTGC sells IMO-compliant fuel oil for end Dec **Volume for Dec. loading higher than November **Run rates to rise on improved margins
TENDER DATA: Sri Lanka's Ceypetco seeks 29,000 mt fuel oil for Dec 27-28 **Company cancelled previous tender
TENDER DATA: Sri Lanka's Ceypetco fails to award 25,000 mt fuel oil for Dec. 15-16 **Disagreement over cargo sample **Vitol sole participant
Russian, Iraqi ministers discuss OPEC+, energy cooperation prospects **New Russian energy minister participates in discussion **Russian companies' investments in Iraq exceed $10 billion
Saudi Arabia promotes circular carbon scheme as it plans to keep pumping oil **No specific plans presented to G20 members **Saudi officials say world will still need its crude **EU keeping 'critical eye' on scheme's implementation
Bangladesh to cut HSFO imports in Dec as onset of winter lowers power demand **Bangladesh to import 150,000 mt of HSFO in Dec, down 25% from Nov **180 CST HSFO values weaken
SINGAPORE DATA: Residue stocks rise to 24 mil barrels on higher imports **Fuel oil imports at 1.12 million mt, exports at 292,861 mt **Bunker demand weakens on higher crude futures
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