Bug infested bulker ordered out of U.S. waters U.S. Customs and Border Protection (CBP) agriculture specialists at the Port of New Orleans ordered the removal of a vessel due to invasive insects found in the wood dunnage that had been
Was Israel-connected ship hit by drone attack? A Liberian-flagged product tanker was today sailing under the control of its crew and with a U.S. Navy escort after being involved in an incident yesterday in which two of those on
Coast Guard SEACOR Power hearing starts Monday The Coast Guard is scheduled to conduct a formal public hearing starting Monday, August 2 in Houma, La., to consider evidence related to the capsizing of the liftboat SEACOR Power and the
Halter Marine to build 5th Navy berthing barge The Navy has exercised a contract option worth $41 million that will see Pascagoula, Miss., shipbuilder Halter Marine build a fifth Auxiliary Personnel Lighter-Small (APL(S)) 67 Class berthing and messing barge. The
Navy charges Bonhomme Richard sailor in relation to fire that gutted ship The Navy has filed charges against a sailor for allegedly deliberately starting the fire last year that quickly spread and gutted much of the interior of amphibious assault ship USS Bonhomme Richard
FERRIES 2021 to meet in NYC area in November Marine Log partners with Passenger Vessel Association to plan first ferry event in 18 months Set to take place at the Hyatt Regency Jersey City on the Hudson, November 9-10 in Jersey
LR's Palmer takes on key UN shipping decarb role Lloyd Register's (LR) global sustainability manager, Katharine Palmer has been appointed as the United Nations Climate Change (UNFCCC) High-Level Climate Champions' (HLCC) Shipping Lead to support the shipping industry's drive to decarbonization.
Wakashio case turns spotlight on criminalisation of seafarers The seafarers' union says the detention without charge of the Wakashio's crew in Mauritius highlights the persistent problem of governments...
Zodiac Maritime diverts tanker after fatal Mercer Street attack The tankers are two of the 138 ships managed by the Ofer family's shipping business
Hapag-Lloyd raises outlook after earnings soar in first half Second-quarter results for container lines were always going to be good. Now the outlook for the full year looks even...
Heppell to join Tindall Riley from Neon Philip Whittaker to revert to chief operating officer role
Carrier service quality is a two-way street Service levels in container shipping have dived dramatically during the pandemic. But carrier customers also have a role to play...
P&I clubs face up to the Micawber dilemma The entire club ethos is to do the best they can by their members. If they turn around to shipowners...
Manual operations at South African ports after cyber attack Most terminals are still operating with manual processes in place. This is slowing down loading operations, ship agents say
NYK issues $182m 'transitional' bonds NYK says it will use the proceeds to finance renewable energy projects such as ammonia and hydrogen-powered ships, but also...
Inmarsat sets tone for shipping's digital decade Interest in digitalisation has grown so fast over the past year that adding a few more satellites will not satisfy...
Ship carrying invasive insects ordered to leave US A vessel anchored near New Orleans was ordered to leave the US after federal agents found wood infested with an...
The Lloyd's List Podcast: What the EU's climate goals mean for shipping In the second part of a special extended edition of the Lloyd's List Podcast, sustainability editor Anastassios Adamopoulos speaks with...
ONE delays full-year outlook as supply chain strain blurs picture Boosted by surging freight rates, Ocean Network Express has seen profitability shoot up again. But despite positive signs, the pandemic...
Fatal oil tanker attack off Oman 'caused by drone' 'With profound sadness, we understand the incident on Mercer Street... has resulted in the deaths of two crew members on...
Daily Briefing Flag state willing to share data of accused oil-spill tanker | P&I pricing could rise 50% by 2024, says broker...
Record volumes pose operational challenges for US ports 'Maintaining operational efficiency is more challenging' as bottlenecks increase due to pressured supply chains, mismatched rolling stock, capacity-strained logistics networks and...
NYK takes delivery of carrier for troubled LNG Canada project TC Energy Corp, builder of the 670 km Coastal Gas Link pipeline that will feed the LNG Canada plant, said...
Singapore launches global centre for maritime decarbonisation The centre aims to collaborate with maritime to help the sector reduce greenhouse gas emissions, implement decarbonisation pathways and create...
Exmar partners Nutrien to develop ammonia-fuelled ship The low-carbon ammonia-fuelled ship will run on ammonia produced by Nutrien in Louisiana helping the partners to reduce their maritime...
US ports face peak-season 'gridlock plus' as anchorages fill Almost no container ships were stuck at anchor when 2020 peak season began. This peak season, terminals are pre-clogged.
ONE giant leap - 1,432% profit gain Ocean Network Express says the "economic environment is now changing" and it cannot forecast what the rest of 2021 holds, but Hapag-Lloyd can. It expects...
Are you shipping me?!? $32,000 container move from China to LA We have a new winner in the ocean shipping game of "How High Can Rates Go?" - about 15 times higher than before the COVID...
Repsol's Q2 oil and gas output declines amid asset revamp Spain's Repsol on July 29 reported a 3% year-on-year decline in its oil production in the second quarter to 208,000 b/d and a much steeper drop in gas output citing maintenance and asset sales as it slims its portfolio as part of energy transition efforts.
Natural gas production to be flat, but greener, higher value: EQT Executives at EQT, the largest natural gas producer in the US, plan to capture value by producing greener gas, not necessarily more gas, they said during a second quarter earnings call July 29.
ExxonMobil aims to boost Permian output by 40,000 boe/d in Q3 ExxonMobil pumped 400,000 b/d of oil equivalent from the Permian Basin in Q2 021, which it aims to increase by 40,000 boe/d in Q3 through continued operating efficiencies, the company said July 30.
CONTAINER PREMIUMS: Spread between US Atlantic, Pacific Coast all-inclusive rates narrowing The spread between eastbound trans-Pacific all-inclusive container freight rates to the US East and West coasts is slimming as demand for West Coast imports increases, while ports remain heavily congested.
OIL FUTURES: Crude rally extends on weaker dollar, tightened supply outlook Crude prices extended their rally July 29, settling higher on the back of a weaker US dollar and tightening inventories.
Eni raises oil price outlook as market recovery powers strong Q2 earnings Italy's Eni raised its near-term oil price outlook July 30 as the market rebound fueled strong second quarter earnings despite lower production volumes and negative refining margins.
Enbridge prepares to finish Line 3 replacement, ramp up volumes Enbridge's Line 3 replacement project is roughly 80% complete and still slated to come online in the fourth quarter as the Canadian oil sands industry continues to bank on Enbridge alleviating the nation's pipeline bottleneck problem after the recent cancelation of the competing Keystone XL project.
European jet fuel imports from East of Suez at 330,000 mt so far for September: cFlow The minimum volume of jet fuel that is so far scheduled to come into Europe from the East of Suez in September stood at 330,000 mt as of July 30, according to cFlow, S&P Global Platts' trade flow software, and fixtures from shipping sources.
OIL FUTURES: Crude rally extends as market eyes tightened supply outlooks Crude futures extended their bull run July 30, settling higher for a third straight session, as the market looked past pandemic-related demand concerns toward tightened supply outlooks.
Japan's JERA maintains 'sufficient LNG stocks' at summer power demand Japan's largest power generation company JERA has maintained "an appropriate level of LNG stocks" as of July 30 in the midst of the current summer demand and will ensure its sufficient inventories during the demand season, a company official said.
Air France-KLM expects Q3 capacity to reach 60%-70% of 2019 capacity Air France-KLM on July 30 said it plans to fly 60%-70% of 2019 passenger capacity over the three months to September 30, but did not provide any capacity guidance for the fourth quarter of the year.
India's IOC April-June refining margin at $6.58/b, focuses on LNG State-run Indian Oil Corp.'s gross refining margin reached $6.58/b in the first quarter of 2021-22 fiscal year compared with minus $1.98/b in the year-ago quarter on inventory gain and better returns from cracks, company officials said July 30.
Interview: Enapter aims to disrupt H2 market with modular electrolyzers Electrolyzer start-up Enapter has low-cost renewable hydrogen production in its sights that is cheaper than incumbent technologies, the company's head of strategy Thomas Chrometzka told S&P Global Platts July 29.
PNG LNG working to resume LNG, condensate output: ExxonMobil PNG The PNG LNG project in Papua New Guinea is working to resume LNG and condensate production in the coming days after power was restored at the associated Kutubu Central Processing Facility following a recent outage, a spokeswoman for ExxonMobil PNG Ltd, the operator of PNG LNG, said in an emailed response to queries.
BUNKERWORLD INDEX: Bunker prices rebound on crude rally According to traders at the bunkering hub of Singapore, buyers have inked August loading ex-wharf marine fuel 0.5%S bunker term contracts at premiums of $3.50-$3.75/mt over the Singapore Marine Fuel 0.5%S cargo assessments during July.
SINGAPORE DATA: Residue stocks fall to 22.90 mil barrels as fuel oil imports plunge Ahead of an anticipated fall in incoming volumes of low sulfur fuel oil from the Americas into Singapore in August, cargo imports fell 72% to 106,802 mt, mostly due to a 38.80% decline in cargo from Brazil to 63,872 mt, and a 100% fall in volumes from Mexico.
COVID-19 comeback, hydrogen push may initiate South Korea's long-term crude import downtrend The world fifth-biggest crude importer received 80.165 million barrels, or 2.67 million b/d, in June, up 7.4% from 74.659 million barrels a year earlier, showed latest data from state-run Korea National Oil Corp.
Singapore Aug ex-wharf marine fuel term premium rises, supplies tighten as demand swells Term contracts for balance-July dates are currently being inked at premiums of $2.50-$2.75/mt, while trades for July supply were concluded in June at a premium of around $1/mt, traders said.
Fujairah Aug ex-wharf 0.5%S fuel term premium firms up on bullish sentiment for Q3 The overall demand has improved in July compared with June, and bunker demand in the third quarter should outstrip a relatively lackluster second quarter, a trader in Fujairah said.
South Korea's LSMGO output rises 50% in July on LCO blending, weighing on premiums Until May, South Korea had routinely exported around 20 Medium Range cargoes/month of LCO to China, where LCO had been used as an alternative to gasoil in the mining, industrial, agricultural, construction and fishing sectors.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
