PODCAST: Small-scale ferry operations and the bigger picture In this edition of Listen Up!, we talk to Nigel Cabral, who is the CEO of Tideline Marine Group, a ferry services and maritime consulting firm based in Tiburon, Calif., that focuses
Biden XO bans U.S. investments in Chinese shipbuilding giants If you're a "United States person" and have been thinking of investing in the Chinese shipbuilding industry, think again. President Biden yesterday issued an Executive Order (XO) aimed at "addressing the threat
Shipping CEOs to IMO: We need massive decarbonization R&D fund The CEOs of 17 major container and RO/RO carriers-including Thomas Crowley, owner & CEO, Crowley Maritime, and Matthew J. Cox, Chairman & CEO, Matson Inc.-have written an open letter to the International
USACE and dredging industry sign MOU to improve safety culture The Council for Dredging and Marine Construction Safety (CDMCS) and the U.S. Army Corps of Engineers (USACE) have inked a strengthened partnership on safety and discussed ways, through shared understanding and commitment,
X-Press Pearl: Environmentalists file lawsuit As the smoldering remains of the containership X-Press Pearl settle into the sea, Sri Lanka's Centre for Environmental Justice, which is associated with Friends of the Earth Sri Lanka, today filed a
San Francisco gets world's first floating fire station Seemingly overnight, a new structure appeared on San Francisco's waterfront back in December. Situated at Pier 22½ just behind the historic Firehouse 35 and nestled beside the Bay Bridge, this floating building
US Coast Guard Seeks Transportation Specialist Do you hold a management level merchant mariner endorsement? You may have the experience the U.S. Coast Guard needs!
Salvage claim by Suez Canal Authority faces challenge The SCA has valued the property salved at around $2bn or even $3bn... Based on our experience of other large...
Greek tanker owners in apparent Venezuela U-turn Mysterious Piraeus-based Edge Maritime has four suezmaxes shipping Venezuelan crude
CMA CGM revenues surge on demand Additional capacity will help towards easing supply chain disruption. But strong demand is set to remain into second quarter
Diana agrees two charters at double previous rates New charters commence on June 6 and June 10
The Lloyd's List Shipping Podcast: A guide to the next chapter of shipping emissions negotiations The IMO's environmental negotiators meet next week with a priority to finalise short-term emissions measures. But their meeting is also...
Port states raise concerns about crew change breaches The Paris Memorandum of Understanding on Port State Control said the share of deficiencies over seafarer employment agreements rose 58%...
Shipowners will soon face taxes as well as death If the industry is effectively in the same tax bracket as substantial trucking outfits or high-street retail chains, the matter...
Declining revenues raise concern over viability of salvage industry International Salvage Union members reported a total of $98m in revenue from just 52 wreck removal jobs last year, in...
Poor packing of dangerous goods implicated in X-Press Pearl fire Regulations for the carriage of dangerous goods are well established. But even if they are declared, poorly packed containers can...
Successful crew change comes from years of hard graft No one is listening to calls for seafarers to be seen as key workers, Hans Boers believes. The best way...
Speed and control will be key to Ever Given dispute Ever Given was travelling above the Suez Canal's speed limit when it grounded. But weather conditions made higher speeds necessary...
Yantian Port congestion spreads into nearby hubs Maersk says it expects continued terminal congestion and vessel delays 'upwards of 14 days in the coming week'
Brit launches marine war consortium Brit said the consortium aims to improve efficiency in covering breach call risks, allowing brokers the opportunity to obtain instant...
Daily Briefing Free to read: End-of-life registries scrap one in six ships | X-Press Pearl blaze shines spotlight on boxship fires | Shipowners...
Chinese grain demand offers 'significant boost' to panamax earnings The strong container shipping sector will drive many agricultural consignments to the dry bulk segment because of equipment shortages and...
China-based shipbuilders added to US investment blacklist President Biden said that 'additional steps' were necessary to address the national emergency declared in his predecessor's executive order in...
Viewpoint: Containers don't lie - Yantian port crisis getting worse No matter the rhetoric, the unvarnished truth is it takes people to move trade.
OOCL vessel blamed for crane collapse at Taiwan port The cranes cost $21.6 million to construct; a price tag on vessel and cargo damage has not yet been estimated.
Modest inventory bump not likely to slow freight's flow anytime soon There was a fair amount of "feel-good" talk regarding inventory build during the fiscal first-quarter retail earnings season. But for several chains, the year-over-year comparisons...
Saudi OSP hikes for lighter crude grades exceed expectations Saudi Aramco's official selling prices for July-loading term crude for Asian buyers were higher than expected, traders said June 4, taking advantage of benchmark Dubai's deep discount to Brent limiting the flow of arbitrage barrels into the region.
SINGAPORE DATA: Middle distillate stocks fall to 15-month low on export demand Singapore's commercial middle distillate stocks fell 7.9% week on week to 11.47 million barrels over May 27-June 2, as strong exports and reduced spot availability pushed inventory levels to a 15-month low, according to data released by Enterprise Singapore late on June 3.
ARA diesel, gasoil stocks rise 4.6% on week to 2.3 mil mt amid dampened barge demand Stored inventories of ultra low sulfur diesel and gasoil in the Amsterdam-Rotterdam-Antwerp hub rose 4.6% on week to 2.305 million mt as of June 3, according to Insights Global data June 4.
OIL FUTURES: Crude pushes again to multiyear highs on tightened fundamentals, weaker US dollar Crude futures pushed to new multiyear highs for a third straight session June 4 on tightened supply and demand fundamentals, and a weaker US dollar.
Russia's Tuapse port June ULSD exports to fall 10% on month to 319,000 mt Ultra low sulfur diesel exports from the Russian Black Sea port of Tuapse are set to fall 10% month on month to 319,000 mt in June, according to a copy of the loading program seen by S&P Global Platts June 4.
China's COVID-19 measures on ships could push bunker demand to Singapore China's COVID-19 prevention measures on ships could push bunker demand away from the country to other places such as Singapore, market sources said June 4.
ARA fuel oil stocks jump 13% on week to 1.374 million mt: Insights Global Conditions in the European 0.5%S marine fuel market have been supply-driven of late, as the market battles with oversupply losing previous support from lessened arbitrage opportunities to Singapore.
Total CEO sees blending mandates 'fundamental' for shift to hydrogen economy **Creating a bigger hydrogen market key to plant scale **Carbon storage needed to scale for blue hydrogen
BUNKERWORLD INDEX: Prices climb as firming crude sets trajectory amid varying regional bunker sentiment **Excess supply at Singapore weighing on prices **Delays loading 3.5%S FO at Algeciras expected to ease **Argentine agricultural exports supporting demand
Bunkering at Colombo unaffected by 'X-Press Pearl' cleanup operation The Singapore-flagged 'X-press Pearl', a container ship that departed Hazira, on the west coast of India, on May 15 reported a fire on deck on May 21 while in Colombo waters.
Peninsula, Enagas to launch LNG bunker barge in Strait of Gibraltar **LNG a potentially cost-effective option for 2030 climate targets **LNG bunker barge Peninsula's first step to sustainable future: CEO
SPAIN DATA: Gasoline, jet supply volumes hit nine-month highs in May Cepsa restarted its 5 million mt/year fuel unit at its Huelva refinery in early May as well as its 4.9 million mt/year vacuum distillation unit, both of which were halted in September.
European fuel oil swaps volume traded in Platts MOC rises to 115,000 in May **Fuel oil derivatives roughly unchanged on month **Totsa biggest buyer in May
CHINA DATA: Bitumen blend tops May crude imports for independent refiners **Bitumen blend imports seen at 3 mil mt over May 14-June 12 **About 8 mil mt Iranian crude diverted from Malaysia in Jan-May
REFINERY NEWS ROUNDUP: Russia's May throughput falls slightly on month The month-on-month drop in throughput was due to spring refinery maintenance ramping up, while the year-on-year increase was due to run cuts last year.
SINGAPORE DATA: Residue stocks reverse three consecutive declines to rise 12% on week **Fuel oil imports jump nearly 50% as inflows from most regions rise **Fuel oil exports increase 15% with shipments to North Asia, India, Indonesia
Singapore June ex-wharf marine fuel term settles lower on supply overhang Market sources on June 4 attributed the lower settlement levels this month to an oversupplied market across Asia coupled with weak demand.
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