JMS designs 53 foot tankship with diesel outboard propulsion A self-propelled, 53- by 18-foot, 10,000 gallon, USCG inspected, double-hull tankship designed by JMS Naval Architects, Mystic, Conn., is unique for its compact size and diesel outboard propulsion. Currently under construction at
ASCE infrastructure report card raises the grade for inland waterways The American Society of Civil Engineers (ASCE) realesed its 2021 Report Card for America's Infrastructure. ASCE's quadrennial assessment grades the condition and performance of 17 categories of infrastructure-including inland waterways locks, dams, drinking water,
TTB: NTSB looks at the lessons that accidents teach Accidents involving tugs, towboats, and barges can be deadly and are usually expensive. To discuss the lessons to be learned, Day 2 of Marine Log's TTB - Tugs, Towboats & Barges free
Seaspan Corporation orders eight newbuild box ships Containership leasing giant Seaspan Corporation, a wholly owned subsidiary of Atlas Corp. (NYSE: ATCO), reports that it has entered into an agreement with a major shipyard for the construction of eight newbuild
Singapore start-up Brightree now a Fleet Connect application provider Singapore-headquartered Brightree Pte Ltd has signed an agreement that will see it join the fast-growing group of certified application providers to offer a dedicated application for Inmarsat's Fleet Connect service. Fleet Connect
Solar-powered ferry will be first vessel with new thruster Torqeedo and Poseidon Propulsion B.V. are introducing a fully-electric steerable thruster system designed to provide up to 65 kW of emissions-free power and directional thrust. The first vessel with the new system
Inspector General says Elaine Chao used office to help family A report released by the Inspector General (IG) of the U.S. Department of Transportation says that Trump Administration Secretary of Transportation Elaine Chao used her office staff on a number of occasions
Global Ship Lease posts increased profit amid 'dramatic chartering successes' US-listed containership owner sees a 'highly supportive market' over the medium term, encouraging it to further expand its 50-ship fleet
Israel faces compensation cap on 'terrorist' oil spill Decision not to to subscribe to top layer of fund means Jerusalem may not get enough to meet outlays
New hull forms and training must be factored into future designs A Mare Forum webinar has heard that shipbuilders' reluctance to discuss new designs that would not fit production processes has...
Seadrill writes down $2.9bn on rigs Offshore driller Seadrill announced a $2.9bn impairment charge for last year after it filed for bankruptcy protection in Texas in...
Baltic Exchange to launch new handysize futures contract There has been growing interest in trading handysize derivatives, experts say on a webinar, especially given strong freight rates so...
EU faces call to back green hydrogen and ammonia for shipping Maritime stakeholders lobby the European Commission to promote the growth of green hydrogen and ammonia for shipping use
Shipping faces 'sustained tempo' of threat in Middle East Shipping should expect more attacks in the Red Sea and Middle East Gulf linked to the proxy conflicts between Iran...
Box shipping prepares for new upcycle in post-pandemic recovery When the current chaos in the supply chain eases, shippers face dealing with higher rates and emerging environmental costs
Iran tanker oil spill in Israeli waters 'deliberate' Lloyd's List Intelligence data confirms Israel's description of events surrounding the oil spill. Despite several instances where the Panama-flagged Emerald's...
Norden warns of lower earnings in 2021 on weak tanker market The company posted a fourfold increase in net profit in 2020 mainly attributed to its dry bulk operator unit, which...
Star Bulk acquires kamsarmax resales Greece-based owner buys eco-type bulker pair under construction at Jiangsu Yangzi-Mitsui, citing changing emissions rules among the motivations
Daily Briefing Free to read: Charterers attacked as no crew-change clauses compound seafarer crisis | Maritime Markets Outlook: Why tankers need you...
Trump's transport chief used role to promote family shipping business, report finds In a 44-page report accompanying his letter, the inspector general said the Justice Department's criminal and public integrity divisions each...
Pandemic reveals gaps and opportunities in US trade The health crisis exposed sourcing weaknesses in the US supply chain with PPE, pharmaceuticals, and medical equipment being manufactured in...
Atlas Maritime exercises newbuilding option at Daehan Shipbuilding Move marks the third newbuilding deal for the South Korean shipyard this year
Global Ship Lease eyeing more secondhand asset deals Buying used ships allows boxship owner to start earning money right away, executive chairman George Youroukos said
Ioannis the Contrarian: Diana executive likes the market but not scrubbers Two years on, the exhaust-gas debate still hasn't gone away on a dry-bulk panel
Nigeria readies maritime security plan amid questions from local owners Nigerian shipowners still have questions on the project
Surprise, surprise: tanker owners take another punch from Opec+ Market woes to worsen in near term as major producers only agree to a small hike in April
How high? Supramax and handysize bulker rates at levels not seen in 11 years Now the market is wondering how much higher rates can go
Maersk emerges as GSL's partner in sale and leaseback deal George Youroukos hails action 'that will benefit company for years to come'
VLCC rates headed back to $70k? Which brave tanker CEO made the call? Deutsche Bank analyst draws out wet-trade honchos on when rates recovery will hit
Seanergy frees up $5m a year by paying down debt New York-listed owner has 'a significant liquidity position' assuming paper market holds up, chief executive Stamatis Tsantanis said
New faces aboard as Cheniere teams up with GasLog for US cadets on LNG carriers First two students board GasLog Gladstone at Sabine Pass for some hands-on experience
Seaspan inks order for up to a dozen neo-panamax boxships Owner confirms deal for 12 scrubber-fitted boxships of 12,000 to 15,000 teu
Scorpio Group builds LR2 pool to 49 with addition of Greek shipowner Kondinave is a first-time partner as fleet growth continues
Maersk, Jindal Steel and GMS could do battle for idled Reliance yard Interest grows in former Pipavav facility undergoing debt restructuring
Dire VLGC rates fall again but may have reached floor for now Brokers and analysts see signs that weak market could turn as more cargoes finally emerge
Israeli minister blames Iran for spill 'caused by Libyan pirate ship' Geopolitical waters muddied further following new pollution claim, which comes on top of car carrier blast row
Maersk Tankers makes two segment heads redundant in new corporate structure Danish pool manager goes for 'agile' chartering team based on 'a service provider model'
Photos emerge of damage on car carrier after Gulf attack Israeli owner says UAE probe into incident continues.
Norden posts 'best result in 10 years' on the back of stronger bulker operations Chief executive Jan Rindbo said the result was testament to the owner-operator's focus on being asset-light
Baltic Exchange rolls out new LNG-fuelled gas indices CME Group set to launch three new futures contracts based on Exchange's indices this month
Government watchdog accuses Elaine Chao of using members of staff to promote father Report claims staff members worked on books on James Chao and Foremost Group, but ultimately nothing criminal
Seismic shift seen for survey vessel owners as PGS reactivates pair Norwegian shipowner is more optimistic for the summer season, as Shearwater Geoservices also announces new work
North Sea exodus continues as DOF, Solstad and Siem sell and redeploy OSVs The shrinking of the European offshore vessel fleet is continuing with both geographical and sectoral shifts
Government watchdog accuses Elaine Chao of using staffers to promote father Report claims staff members worked on books on James Chao and Foremost Group, but ultimately nothing criminal
Shell confirms LNG bunker vessel charter with Knutsen Spanish newbuilding will operate for the energy major in Port of Barcelona
The S word: why it's too early to call a commodities 'supercycle' The use of the word is just something investment bankers say, according to analysts
BW performance platform 'could be a game-changer' High-tech system can help shipowners benefit from optimising chartered-out vessels
Bargain NOx Tier II newbuildings to test shipping's environmental resolve How will the commercial market react to vessels built to now dated emissions standards?
Seismic shift seen for survey vessel owners as PGS reactivates paid Norwegian shipowner is more optimistic for the summer season, as Shearwater Geoservices also announces new work
Scrapping likely as impairments push struggling Seadrill to $4.66bn loss John Fredriksen-backed group says markets remain tough as it faces up to second Chapter 11 restructuring
Covid-19 confirmed as cause of death of CSL bulker master Norwegian post-mortem reveals master suffered Covid-related cardiac arrest
'Ghost ship' filmed close to breaking up on rocks off Irish coast Evacuated, possibly hijacked, abandoned and now close to self-destructing, the Alta has had a hell of a past few years
Shipping can embrace connectivity at sea in response to IMO cyber security deadline IMO cyber security deadline is an opportunity for shipping to embrace the technologies available today to ensure operations are secure
Siem Offshore's Omdal warns banks over distressed OSV sales in race to bottom Norwegian CEO says newcomers can drive down rates with their low capex costs
'Sparkling green' KCC proving its worth, Clarksons Platou says Analyst Frode Morkedal expects unique combination carrier offering to reward investors in future years
Sembcorp Marine secures first ever sustainability-linked loan facility Singapore yard group says pre-determined ESG targets will result in lower borrowing costs
AET offloads another of its older VLCCs as part of eco-shipping drive Conversion buyers said to be paying firm price for the Bunga Kasturi Empat
Report charges Elaine Chao with using government staffers to promote father Government watchdog says staff members worked on books on James Chao and Foremost Group, but ultimately nothing criminal
Mining giants become 'standard bearers' for dual-fuel bulkers BHP and Anglo American lock in vessels, while Fortescue Metals and Rio Tinto pursue newbuildings
Rio Tinto lines up Chinese yards for $800m dual-fuel bulker binge Miner looks to charter up to a dozen newcastlemaxes to transport Australian iron ore to China
Air cargo 2021: The good, the bad and the ugly Air cargo is a good news, bad news story this year. Shipment volumes are at pre-crisis levels. But cargo is joined at the hip with...
Republicans to White House: Limit infrastructure spending to roads and bridges Republican lawmakers push back on Biden's 'big, bold vision' ahead of infrastructure talks.
Project44 reels in Ocean Insights in 'largest acquisition in visibility space' "Ocean Insights has dominated the container-tracking space, and we look forward to providing the industry not only the best ocean capabilities but also the most...
ContainerPort Group sells container yard, depot division to ITS ConGlobal Drayage trucking and logistics company ContainerPort sold its container yard and depot division to ITS ConGlobal, a company with intermodal, finished vehicle and depot service...
OPEC+ near deal to largely maintain oil cuts for April, including extra Saudi cut: sources **Russia allowed 130,000 b/d increase in quota, Kazakhstan 20,000 b/d
Shell charters new LNG bunker supply vessel for Barcelona operations Shell has chartered a new LNG bunker supply vessel, which will use the Enagas LNG terminal in Barcelona.
Japan needs steep emissions cuts from 2030, energy reforms for 2050 climate goal: IEA * Return of nuclear power by 2030: 30 plants restarted vs 9 currently * 2050 climate plan calls for 50%-60% of electricity from renewables * January energy crisis may influence next strategic energy plan
S Korea's Hyundai Heavy, Aramco sign blue hydrogen cooperation project Hyundai Heavy Industries Holdings, or HHIH, has signed a memorandum of understanding with Saudi Aramco on blue hydrogen and ammonia projects, a Hyundai Heavy official said March 4.
TANKERS: Asian Aframax freight rates surge to w90 amid switch to clean products **Around 12 Aframaxes switch to clean segment **Demand strong for Australian condensate **Ballast to Mediterranean tightens Middle East supply
Japan's March fuel oil exports seen set to buck trend of fiscal year-end rise amid reduced supply The situation this year is complicated by reduced fuel oil availability after the country's largest refiner ENEOS' 145,000 b/d Sendai refinery was shut Feb. 13.
Singapore March ex-wharf marine fuel term settles at $6/mt premium "Volumes are expected to be higher in March compared to Feb as Feb was a short month," a trader said.
OPEC+ still undecided on April quotas as committee makes no recommendation
Platts to replace vessel guidelines with volume for CIF Rotterdam, FOB STS Scapa Flow crude oil
CERAWEEK: LNG market debates new benchmarks amid long-term supply needs
OIL FUTURES: Crude rises on US product draw, probable OPEC+ hold on supply cuts
Malaysia eyeing nationwide switch to ultra-low sulfur gasoil by April, say traders
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