Ballast-water-free LNG bunker/feeder gets double approval Paris-headquartered GTT and its partner, China's Hudong Zhonghua Shipbuilding Group Co. (HZ), have received a double Approval in Principle (AiP) from China Classification Society (CCS) and DNV for their "ballast-water-free" LNG bunker
OMSA in cybersecurity first The Offshore Marine Service Association (OMSA) reports that the U.S. Coast Guard (USCG) has recently issued formal approval of its recently updated OMSA Alternative Security Plan (ASP). The new OMSA ASP is
Alfa Laval takes a stake in hull air lubrication innovator Aiming to expand its toolbox for sustainable shipping, Alfa Laval today acquired a minority stake in a company developing a technology for which its founder, Gustaf de Laval first registered a patent
Med Marine to build another ASD tug for Abu Dhabi Ports Abu Dhabi Ports' Safeen Group has signed its second contract with Turkey's Med Marine shipyard for the construction of a MED-A2360 series tugboat. Delivery is set for July 2021. The vessel, a
VIDEO: Box ship blast rocks Jebel Ali port A massive explosion rocked Dubai's main port of Jebel Ali yesterday after a fire broke out on a containership identified as the 1993-built, 210 TEU, Cormoros-flagged M/V Ocean Trader. Although any explosion
Ambitious green goals or logistics headaches? In what is adding up to be yet another sign among many that the Biden administration is on board with tougher shipping decarbonization goals, the governments of the U.S., Denmark and Norway,
CROE announces senior management change Samuel W. Croll, CEO of CR Ocean Engineering LLC (CROE), has announced two changes to his senior management team effective July 1, 2021. Dominique Philibert has become president and COO, and Nick
Ruling allows owners to demand direct payment of freight under bills of lading Judgment will come as welcome news to owners, clarifying that they have the right to demand bill of lading freight...
Shipper competition driving up freight rates As long as there is more cargo than capacity to ship it, rates will keep rising. Shippers with long-term contracts...
Seanergy agrees to acquire NYK capesize The incoming vessel will be the sixth capesize purchase by Seanergy this year
Holding Ever Given as a bargaining chip was an error To maintain confidence of the world's shipping industry, Egypt must prove itself a reasonable interlocutor
Master of bulker abandoned off Egypt allowed to leave The ITF says the legal guardian system needs urgent reform following another recent case in which a young seafarer was...
Greeks lead frenzied first-half secondhand buying Activity in the dry bulk sector showed the greatest increase in comparison with last year's first half, with sales rising...
Divisions over slow steaming and the carbon market Liner shipping group the World Shipping Council and green NGO Transport & Environment are at odds over the EU's emissions...
Weekly Briefing: Box carrier spending spree | Bulker confidence wanes | Tanker outlook dims Sky-high profits have prompted container lines to return to yards in their droves. But rather than signalling a repeat of...
Ever Given was human error but it won't happen again, says Suez Canal chair The Ever Given's master was solely responsible for the decisions and actions that led to the blockage of the Suez...
Gerald unit restarts Sierra Leone iron ore shipments after two years The restart of shipments, initially from stockpiles, should benefit the supramax market, as the first consignment is 63,000 tonnes destined...
Daily Briefing Free to read: IEA wants greater transparency for 'carbon neutral' LNG | Dry bulk FFA volumes surge to fresh high...
Port of Vancouver operations disrupted by wildfire threat The British Columbia Wildfire Service said a hot, dry summer is predicted for much of the province, and that the heightened wildfire situation...
Large explosion and fire on containership at Jebel Ali port No casualties have been reported, according to authorities. They say the fire appears to have started in a container holding...
Southeast ports and carriers agree to upgrade chassis pool The SACP 3.0 agreement will create the largest fully interoperable chassis pool in the U.S., covering the states of Alabama, Florida, Georgia, North Carolina and...
Container lines set to topple quarterly profit records (again) New disclosures by lines point to massive ocean-carrier profits in the second quarter.
FMC onboard for Biden's ocean carrier 'crackdown' Biden's executive order calls on the Justice Department to help regulators monitor pricing practices and anticompetition in the container shipping and rail sectors.
Global shipping congestion calls for greater visibility IRIS is GEODIS' eye-in-the-sky ocean and air shipments visibility platform for booking and managing exports in real time.
NYMEX RBOB rallies as record demand weighs on US gasoline stocks Total US gasoline inventories fell 6.08 million barrels during the week that ended July 2.
India appoints new ministers for petroleum, steel, chemicals amid cabinet reshuffle Hardeep Singh Puri has been appointed as the new minister of petroleum and natural gas, taking over the portfolio from Dharmendra Pradhan, who has been appointed as the education and skills development minister.
REFINERY NEWS: Bilbao restarting hydrogen, desulfurization units The H3 unit will be back online July 10 and G3 will be back July 12, Petronor said.
Woodside to begin drilling at Senegal Sangomar, first oil still on track for 2023 The Ocean BlackRhino drillship arrived in Senegalese waters July 8, and was just southwest of capital Dakar, according to data from cFlow, S&P Global Platts trade-flow software.
ARA diesel, gasoil stocks fall 2.6% on week Gasoil demand has been impacted by the seasonal reduction in domestic heating during the summer, coupled with near 18-month high flat prices encouraging consumers to delay restocking.
Jebel Ali port operations normal after container ship explosion and fire: UAE minister **Ocean Trader fire was far from main shipping line **Authorities drafting plan to 'intensify precautionary measures'
CHINA DATA: June bitumen blend imports remain heavy for independent refiners, but July volume to drop **Merey, Iranian crude streams to continue **More fuel oil cargoes expected in July
OPEC+ hikes June output by 540,000 b/d amid higher demand for crude **Saudi pumps at five-month high of 8.97 mil b/d **Russian output flat at 9.51 mil b/d
OIL FUTURES: Crude falls on fears of OPEC+ disunity, stronger dollar The energy market has a handful of strong years left as the world makes the shift to renewable energy, Moya said.
Med gasoil differential hits first premium to LSGO futures in 3 months The market collapsed to a $10/mt discount against the LSGO futures May 17, which represented a 12-month low.
Japan advances study for 1.5 mil mt/year blue ammonia supply from Russia's Far East Japan expects to lower ammonia supply costs to the high Yen 10s/normal cu m-H2 by 2030.
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