ABS and Vanderbilt put spotlight on waterways decarbonization The current GHG emissions profile of the inland waterway sector is low compared to other freight modes. The American Waterways Operators cites statistics that show that one dry cargo barge can carry
VIDEO: Golden Ray responders complete final cut Responders completed cutting operations on the remainder of the Golden Ray wreck on Saturday. The final cut came just a few days short of the two year anniversary of the September 8,
FEMA charters Carnival Glory to house first responders Carnival Cruise Line reports that it has reached an agreement with the City of New Orleans and the Federal Emergency Management Agency (FEMA) to provide Carnival Glory for first responders housing through
How long before Gulf oil and gas production gets back on track? Efforts are underway to get U.S. Gulf of Mexico oil and gas production up and running in the wake of Hurricane Ida. Critical to these efforts will be resuming operations at Port
SFL Corp buys suezmax trio in 'counter-cyclical' move Trafigura likely part of deal, with oil trader's shipping arm involved in sale and leaseback deals with another related Fredriksen...
Crews need more awareness on how to fight battery fires Ships are using increasingly powerful batteries for auxiliary power, and carrying electric cars as cargo creates new safety risks
LR links with Inmarsat for industry first on remote surveys One-third of Lloyd's Register's surveys are completed remotely. Access to uninterrupted connectivity is essential for digital class. LR's collaboration with...
Box-carrying bulker returns to port after stow collapse Coronavirus impact may have been ultimate cause of last winter's series of containers overboard incidents in the Pacific, WK Webster...
BIMCO urges talks at IMO before adoption of market-based measure BIMCO deputy secretary-general Lars Robert Pedersen says the association has not decided which market-based measure is the most suitable for...
CMA CGM extends Le Havre suspension Poor productivity and congestion are blamed for CMA CGM's decision to avoid Le Havre. Cargoes will tranship via Antwerp
Neptune Lines names Jasienski as chief executive Company principal Melina Travlos remains president of growing Greek car and truck carrier specialist
Safety regulations not suited to large boxship fires The International Convention for the Safety of Life at Sea and Standards of Training, Certification, and Watchkeeping have changed little since...
Shipping's needs ignored despite averting global meltdown, say Greeks World's largest shipowning nation dismissive of plans to include shipping in the EU carbon market, but Greek owners hint they...
Trade policies can make the global supply chain climate-change resilient Eliminating tariffs and non-tariff barriers that limit trade in 'green' goods, harmonising environmental standards of goods and services, along with...
Hyundai Heavy raises $935m in high-priced IPO Move comes amid a strong rebound of the shipbuilding market, with new orders won by HHIC between January and July...
Daily Briefing China is starting to dominate marine insurance | The race to set a price for shipping's carbon levy is on...
Yang Ming director says shore staff compensation is too low Having the proposal passed by the board of state-owned Yang Ming is expected to be difficult. This is because of...
China faces potential bauxite crunch from Guinea coup A military coup in Guinea has left China facing a bit of a double whammy in terms of problematic supplier...
Dynagas looks to repay debt as lower finance costs help it to greater profit The LNG carrier owner reported similar voyage revenue, but a greater profit
Guinea coup gets mixed reviews from dry bulk sector Possible impact leaves some fretting but others unfazed
VLCC-capable export terminal flipped to Canadian pipeline player Calgary's Enbridge has taken over the Moda Ingleside Energy Center in a $3bn deal
Jasienski takes over chief executive position at Neptune Lines Australian joins Greek company seven months after quitting top post at Wallenius Wilhelmsen
Hurricane Ida boosts aframax rates but MR markets disappoint US Gulf oil refineries and production facilities are expected to resume normal operations in a few weeks
End of summer sale: shipping stocks climb as tankers lead the way Jefferies sees busier period ahead as investors return from beach vacations and global oil production rebounds
Euroseas further expands feeder fleet in hot containership market Greek shipowner, which is seeing much higher profits, plans to add more ships
Bulker rate surge rebounds on Saga Shipholding after write-down Japanese-owned open-hatch bulker specialist faces the impact of strong rates on its balance sheet
Sea Consortium lifts secondhand feeder spend to over $100m Singapore-owner bags fourth feeder boxship of the year for $39m as values rise
Zim's business model a 'gold mine' in rising markets, analysts say Israeli containership operator is 'not done yet' as congestion continues to drive rates up, Fearnley Securities believes
Broker Marsh challenges P&I clubs over general increases Mutuals defend their plentiful capital reserves and conservative management strategy, in online debate
'Low-cost' US could become world largest supplier of LNG bunkers Eagle LNG believes that by 2030 between 25% and 50% of newbuildings will be LNG dual-fuelled vessels
Lloyd's Register and Inmarsat link up to improve remote surveys New app is being piloted in gas and dry bulk shipping sectors
Fredriksen's SFL snaps up modern suezmaxes in counter-cyclical tanker bet New York-listed shipowning company says soft markets provide attractive entry point
Record breaker: Boom sees ClarkSea index clock up longest monthly winning streak UK shipbroker Clarksons says new records continue to be set in the major vessel markets
Carnival and Princess Cruises still fighting Covid-19 lawsuits At least 40 have been filed over the Grand Princess' ill-fated voyages in February 2020
Clarksons Research rate index on biggest monthly winning streak UK shipbroker says new records continue to be set in the major vessel markets
German shipping tests the waters at 38th Peter Gast Schiffahrtsregatta Successful staging of first major shipping get-together in Germany since the pandemic
Western Bulk private placement to close early due to 'strong' investor interest Tender will close at the end of the Oslo trading day on Tuesday
Intercargo offers dry bulk industry backing for carbon levy Intercargo is the only other shipping association backing ICS's call for a tax on emissions
GEV not giving up on new CNG carriers despite hydrogen push Australian owner still trying to firm up order for innovative fleet of Chinese newbuildings
China Huarong sells supramax bulker online for well above market value Hot dry-bulk market sees bidders drive up price of bulker sold through Zhejiang Shipping Exchange's online platform
Heineken refreshes the batteries other shippers can't reach Engine maker Wartsila develops swappable rechargeable battery system for zero emission inland shipping company transporting containers of beer
LNG steamships square up to challenge of new IMO carbon regulations As EEXI and CII rules loom, IACS forms working groups to tackle questions for some of world LNG fleet's least-efficient vessels
KSOE and Posco to develop liquid hydrogen fuel tank Joint project targeting prototype for small ships by the end of this year
Bulker owners Franbo Lines and Swire Bulk eye container loading deals Asian companies latest to want slice of lucrative box market
New IMO rules could herald end of the road for a third of global LNG fleet Owners may have to choose between scrapping older steamships and reducing their trading speeds
Dry bulk market should remain strong amid lower grain forecasts, analysts say China's plan to curb steel output and high iron ore prices may lower capesize bulker rates, according to Breakwave Advisors' John Kartsonas
Pressure on carmakers to drive out carbon could fuel change in shipping Manufacturers tackle life-cycle emissions by ordering LNG-powered vehicle carriers, but moving beyond fossil fuels is the next step
Lim Oon Kuin's Singapore luxury pad put up for grabs by Hin Leong Trading liquidators Three-storey mansion could fetch as much as one of the former oil and shipping tycoon's large tankers
Daehan Shipbuilding seals first dual-fuel tanker with order worth $450m Tsakos Energy Navigation firms up four aframax crude carriers plus options for two additional vessels
UOB Kay Hian turns positive on Sembcorp Marine with stock upgrade But Singapore investment bank says shareholders will need to be patient
Hafnia 'bottom of the class' as others improve in Oslo exchange ESG survey ESG 100 report into top Oslo-listed companies shows improved results for almost all shipping companies, but they need to do more after coming late to the game
Daehan Shipbuildings seals first dual-fuel tanker with order worth $450m Tsakos Energy Navigation firms up four aframax crude carriers plus options for two additional vessels
Hyundai Heavy Industries prices IPO at top of range on healthy interest South Korean shipyard has set the IPO price at the top of the range of $51.8 per share
Platts plans USGC-UKC aframax freight derivative assessments Move prompted by the growing trend of US crude exports to the UK and the Netherlands
LNG owners prepare for EEXI and CII rules as IACS deliberates final figures But class society grouping working groups are not likely to report until third quarter of 2022
Strong LNG shipping market signals buoyant longer-term mood Poten & Partners expert Jefferson Clarke outlines why prospects are looking bright
Taiwan's CSBC builds containerships on speculation State yard is constructing four 2,800-teu scrubber-fitted vessels and would sell the newbuildings if there are keen buyers
CMB doubles Qingdao Beihai bulker tally to four Belgian shipowner's containership division has also added two more newbuildings at Qingdao Yangfan
Capesize rates tumble over bauxite amid Guinea's political unrest Prices for the commodity jump as analysts look on
Capesize bulker rates tumble over bauxite amid Guinea's political unrest Prices for the commodity jump as analysts look on
Deputy commerce secretary talks tariffs, exports, jobs at Seattle container facility Deputy U.S. Commerce Secretary Don Graves joined port officials to discuss the importance of trade, infrastructure funding, lowering tariffs and job creation in Washington state.
Viewpoint: Living proof of COVID vaccine's death-defying power Back at FreightWaves after a more than monthlong fight against COVID, I thank CEO Craig Fuller for moving the F3: Future of Freight Festival online.
TRADE X acquires automotive export specialist Techlantic Automotive trade platform TRADE X has acquired vehicle export specialist Techlantic after raising $45 million over the summer.
REFINERY NEWS: Operations at France's Gravenchon not affected by fire: report Operations at France's Port Jerome-Gravenchon have not been affected by a fire early morning Sept. 7 which was put out after 20 minutes, according to a local media report citing the refinery.
Unprecedented rally in Med gasoline cargoes on prompt tightness, robust demand **Record Med gasoline cargo premiums versus swaps **Very high prompt gasoline demand meets tight supply side
UK's Lindsey refinery joins Humber CO2 capture and storage project **Project to store CO2 in depleted North Sea gas fields **Plans to capture 1.1 million mt of CO2/year from refinery
Libya's eastern terminals face growing protests amid NOC-ministry row **Demonstrations at Es Sider and Marsa el-Hariga threaten to impact exports **Dispute between Oun and Sanalla dispute escalates
NWE jet fuel barges at 12-week low as holiday season ends **Western Europe seat capacity slips to 64.2% of September 2019 level **European legacy airlines' jet consumption capped at 60% of pre-COVID-19 level
Renewable hydrogen production growing faster than expected: electrolyzer producer **240-MW plants to start in coming years: Cummins **$7-8/kg hydrogen at pump possible in California: Toyota
CRUDE MOC: Sour complex dips amid weaker spot buying cues Market participants expect a weaker appetite for crude purchases on the spot market this month despite brighter buying sentiment emerging from China and Japan.
Malaysia's Petronas hastens decarbonization push, but oil business still vital **Company's first CCS project scheduled for completion in 2025 **Oil product output unlikely to peak at least until 2025-2030
CHINA DATA: Aug crude imports rebound 8% on month to 10.5 million b/d **Imports in August remain 6.2% lower on year **Oil product outflows in August slumped 19.5% on month
OIL FUTURES: Crude prices stable; Saudi price reductions offset supply tightness The price cuts come as several Asian refiners asked for less oil from Saudi Arabia in August, as renewed outbreaks of the COVID-19 delta variant sapped demand amid increasing OPEC+ supply, according to ANZ research analysts.
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