Coast Guard budget request funds key shipbuilding programs Highlights of the Department of Homeland Security's 2022 budget request for the U.S. Coast Guard include $170 million to fund Polar Security Cutter program management and provide for long lead time materials
Ingram brings two new vessels into fleet Ingram Marine Group, along with Cenac Marine Services, Main Iron Works and other stakeholders, this week held a ceremony christening the M/V Adrienne M. Moore and honoring the M/V Tom Cornwell. Both
VIDEO: First look at new ferry designs for Isles of Scilly BMT has now released the first details of its cutting edge designs for new vessels to serve the Isles of Scilly, off the southwest tip of the U.K. The Isles of Scilly
DOJ Antitrust Division intervenes in Zen-Noh grain elevator acquisition Zen-Noh Grain's planned acquisition of Bunge Mississippi River grain elevators has hit a bump in the road. The U.S. Department of Justice has announced that it will require Zen-Noh Grain Corp. (ZGC)
Now Hiring - UL Masters and UL Chief Engineers NOW HIRING - as we continue our dredge fleet expansion with the future addition of our 8,500 CY Hopper Dredge "RB Weeks" which is currently under construction, we are accepting resumes for UL Masters
Conrad cuts steel for GLDD dump scow barges Conrad Shipyard recently hosted a steel cutting ceremony for Great Lakes Dredge & Dock Company LLC (GLDD) at its shipyard in Morgan City, La. The steel is for three 7,100-cubic-yard dump scow
Crowley inks MOU on offshore wind safety training Crowley has signed a Memorandum of Understanding (MoU) with RelyOn Nutec to enhance the availability of offshore wind safety training across the U.S. The strategic partnering pairs leading Jones Act maritime solutions
World's first green hydrogen refuelling station opens at Antwerp The technology arm of Belgian shipping group Compagnie Maritime Belge has opened what it called the world's first hydrogen refuelling...
Dynagas doubles LNG carrier order at Hyundai Heavy Doubling of order book to four vessels of unique 200,000 cu m size comes as Greek owner awaits delivery of...
X-Press Pearl blaze shines spotlight on boxship fires 'With a given probability of a fire starting in one container, the probability of a fire starting in at least...
Shipowners criticise EU for potential biofuel boost from new regulation A new study claims the European Commission's plan to introduce the first ship fuel CO2 standards for vessels calling at...
D'Amico to test emissions cuts from biofuel blends Italian product tanker owner d'Amico will test lifecycle emissions cuts from biofuels on its ships Cielo Bianco and Cielo di...
Maersk launches emissions analytics tool Maersk has launched an emissions analytics tool for its biggest customers to calculate the emissions from their supply chains, in...
End-of-life registries scrap one in six ships Data indicates that ownership of elderly tonnage most likely to use end-of-life registries are connected to owners outside Europe
Grounding incident raises questions over use of electronic charts A study has been carried out by the UK and Danish maritime accident investigation units about the practical application and...
Stena Bulk adds to MR fleet with newbuilding charters The 50,000 dwt scrubber-fitted vessels, which are scheduled to be delivered in the first half of 2022, are an addition...
ICBC Leasing orders six newcastlemaxes backed by RWE charters Chinese yard is reluctant to bring the optional vessels into effect as the original price agreed earlier this year is...
Demand rises for cross-Channel shortsea services The pandemic, customs clearances and a shortage of drivers is making accompanied freight less attractive. Direct containerised services between the...
Boxship daily rates hit record high with six-figure sum fixed for single voyage Charterer playing 'truly stratospheric' level is undisclosed but China's CU Line could be possible taker of tonnage
Braemar's focus on shipbroking business pays dividends 'We have not only exceeded market and indeed our own expectations for financial performance, but we have realigned many aspects...
OOCL boxship collides with berth in Taiwan One crane worker had a cut to his arm, while two others were trapped inside the damaged crane but were...
Maria Angelicoussis greenlights two LNG options at Samsung The orders for a second and third LNG carrier at the South Korean yard are believed to be the Angelicoussis...
Shanker Pillai, Hafnia For all the talk of pace and accelerated digital change, technology development and integration is taking place alongside behavioural change...
Ove Munthe-Kaas, Engine Online The digital platform has fulfilled a latent need among industry players to exchange information with each other while maintaining anonymity
Nicolas Ang, F-drones There is every reason to be optimistic about entrepreneurship in shipping as industry leaders are beginning to embrace innovation and...
Mi Chuanjin, Sailor's e-home The "seafarer scalper-like" model in China's traditional crewing business has led Mr Mi to create his start-up, aiming to digitalise...
Ioannis Martinos, Signal Group Signal began as a shipmanagement company 'with a twist' but rapidly established its own platform to harness data and promote...
Dita Bruijn, PortXchange Innovation is gaining pace, though the challenges of changing a conservative industry are still great. There is room in the...
Cosmo King, ioCurrents The company, based in Seattle, was formed in 2015 and first targeted fishing vessels, then tug boats. It has since...
Clément Galic, Unseenlabs Unseenlabs launched the company's second and third maritime geolocation nano-satellites in November last year. The first went into orbit in...
Ben Braverman, Flexport Companies of all sizes - including brands like GeorgiaPacific, Made.com, Bombas and Tacha - use Flexport technology to move more than $10bn...
Salvors work to stabilise X-Press Pearl There are no signs yet of chemical or oil spillage from the fire-stricken containership. But authorities still fear further pollution
NYK to join ammonia gas carrier study with Yara The latest pact follows a research project aimed at enabling zero-emission power generation from blue and green ammonia in Japan
Daily Briefing Free to read: Biden global minimum tax push could take in major shipowners | Soren Skou pitches eventual $450 per...
Asia's regas expansion halted by pandemic impact Developers and financiers holding back construction in the hope of more stable market conditions, says IGU
CDB Leasing snaps up six ultramaxes from Hayfin CDB Leasing, which has been actively expanding its shipping portfolio over the past few years, has acquired 17 dry bulkers...
Algoma orders dry bulk vessel with new design Toronto-listed Algoma said the new class vessel's design will build on the original Equinox Class standards to offer 'increased deadweight...
SITC places $192m order to further expand fleet The exercised options have pushed the company's orderbook size to 35 vessels, accounting for 48% of its existing fleet capacity
Unique Logistics books dozens of Asia cargo jets for peak season Finding space on an international aircraft to move one's freight is no easy task. Large shippers with enough volume are just renting entire planes to...
US imports could stall as demand overwhelms trans-Pacific capacity Retailers at increasing risk of not getting goods from Asia on shelves as ocean transport system hits limit.
Pearl lesson: Safe transport of dangerous goods essential "The X-Press Pearl's sad fate is the latest in a disappointing recent and persistent catalog of container ship fires," says the TT Club.
Russian June domestic crude pipeline prices edge higher on month Spot prices for Russian crude oil for domestic loading and delivery by pipeline in June were steady to slightly higher by up to Rb300/mt ($4/mt) month on month, mostly on the back of a firmer Brent market but also shortages of supply.
US crude oil inventory draws extend amid rising refinery demand, lower production US crude oil inventory declines extended in the week ended May 28, US Energy Information Administration data showed June 3, amid rising refinery demand and lower production.
EU Council adopts conclusions on sustainable transportation The EU Council on June 3 adopted conclusions on a Sustainable and Smart Mobility Strategy, setting out a commitment to align the transportation sector with the Paris Agreement on climate change.
US State Department sees longer road ahead for Iran talks, lifting sanctions The US State Department signaled June 3 that indirect talks with Iran on rejoining the 2015 nuclear deal and removing US energy sanctions could stretch on for weeks.
Mexico's June 6 elections to likely determine Pemex share in refined product markets Mexico's upcoming June 6 elections will likely determine how much power state oil company Pemex gains in the country's refined product market, as President Andres Manuel Lopez Obrador seeks congressional and gubernatorial support to overturn the 2013 energy liberalization.
New Ecuador president taps ex-Petroamazonas chief Bermeo Calderon as energy minister Ecuador's newly inaugurated president, Guillermo Lasso, has named oil engineer Juan Carlos Bermeo as the country's new energy minister, replacing the previously named Roberto Salas who last week turned down the appointment after disclosing possible conflicts of interest.
OIL FUTURES: NYMEX RBOB strengthens as USAC gasoline stocks remain tight despite build NYMEX RBOB futures rallied against the broader energy complex June 3 as a modest US gasoline build failed to alleviate regional tightness ahead of the high-demand summer driving season.
June 6 elections decisive for Mexico's power sector Mexico's June 6 elections will be decisive for the future of the energy sector as President Andres Manuel Lopez Obrador seeks to gain enough support to revise the country's constitution and put a formal end to the country's energy liberalization.
EU climate proposals for shipping could cause biofuels overreliance: ICS **Biofuel prices at record high on high demand, tight supply **EU targets flag-neutral measures
Another fire in Iran hits oil pipeline after naval ship sinks, Tehran refinery ablaze **Naval support vessel Kharg sank in Gulf of Oman **Firefighters battled vessel fire for 20 hours
OIL FUTURES: Overnight rally fades following US refined product builds **US gasoline stocks climb 1.5 million barrels **Crude stocks draw 5.08 million barrels
TFG Marine, d'Amico lead bio-bunkers project in Amsterdam-Rotterdam-Antwerp **Supplies with B30 bunker **Expanded trials to start mid-June
Russia's Lukoil 'happy' to resume talks on Iranian projects once US sanctions lifted **Energy ministers meet to discuss joint projects, investments **Iran nuclear deal set to be finalized before June 18 election
CMB opens Antwerp renewable hydrogen multimodal refueling station "It is the first refueling station in the world that produces green hydrogen" via an integrated electrolyzer and compressor, CMB.TECH said.
Pakistan's oil products sales rise 18% in first 11 months of fiscal 2020-21 Fuel oil sales have grown primarily because of the prevalent gas shortage during the November-March period.
Yara inks agreement with Japanese maritime companies for ammonia-fueled gas carrier **To study operational requirements, ship design, regulatory compliance **Major bunker hubs like Singapore exploring ammonia potential
Shipping group BIMCO prepares new charter party clauses for carbon compliance **BIMCO study highlights commercial, contractual challenges **Cost sharing to be focus of BIMCO clauses
S Korea's June bunker supply to stay at low levels, keep prices elevated: sources **South Korea's bunker supply likely around 500,000 mt in June **High prices unlikely to attract demand from China
Singapore LSMGO prices may decline amid likely rise in LCO supply "More LCO will go into the LSMGO pool, and most of it will likely come to Singapore given that it has the biggest pie [of bunkering in Asia]," a trader said.
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.
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