Powerful players eye Singapore as green ammonia bunkering hub Aiming to play a pioneering role in establishing a supply chain for ship-to-ship green ammonia bunkering in the Port of Singapore, a group of leading maritime companies have signed a Memorandum of
Navy takes delivery of DDG 118 The U.S. Navy accepted delivery of the guided missile destroyer future USS Daniel Inouye (DDG 118) from shipbuilder General Dynamics Bath Iron Works, Bath, Me., March 8. Delivery of DDG 118 represents
Seaspan Shipyards awards over $1 billion in JSS contracts to Canadian suppliers Canada's Seaspan Shipyards reports that it has awarded more than $1 billion in contracts to date to 140 Canadian companies from coast to coast that are supporting design and construction of two
Great Lakes Dredge wins Boston Harbor contract Great Lakes Dredge and Dock Co. has been awarded a $61,788,000 firm-fixed-price contract for rock blasting, removal and dredging in Boston Harbor. Bids were solicited via the internet with four received. Work
Marcon brokers sale of ocean salvage and rescue tug Marcon International, Inc., Coupeville, Wash. reports the sale by Star Matrix Hong Kong, Ltd. to Japanese buyers of the ocean salvage and rescue tug Hulk (ex-Resolve Monarch, ex-Anglian Monarch). The 11,400 bhp
BAE San Diego wins Navy contract worth potential $49.9 million BAE Systems San Diego Ship Repair, San Diego, Calif., has been awarded a $34,729,132 contract for a combination of ship maintenance, modernization and repair of the USS Russell (DDG 59) to execute
Diana Shipping to monitor vessels' environmental performance Athens-headquartered dry bulk specialist Diana Shipping Inc. (NYSE: DSX) reports that its wholly-owned subsidiary Diana Shipping Services S.A. has signed an agreement with ABS to implement the ABS Environmental Monitor digital sustainability
Kongsberg's Kognifai offers new tool for fleet energy management Kongsberg Digital has teamed up with Norwegian software provide Yxney Maritime to make Yxney's Maress application available to all Vessel Insight users on Kongsberg's Kognifai open ecosystem. The Maress application is a
Three more guilty pleas in USCG test score scam The U.S. Attorney's Office for the Eastern District of Louisiana reports that three more individuals have pleaded guilty in relation to a test score-fixing scheme at the U.S. Coast Guard's Regional Exam
Greenbrier Marine launches 350-foot Crowley ATB barge Crowley Maritime has marked another milestone in its 55,000-barrel articulated tug-barge (ATB) newbuild project with the launch and christening at Greenbrier Marine of Qamun, a double-hulled petroleum barge specifically designed for the
Substandard flag states targeted as regulatory arbitrage rises The International Maritime Organization continues to target fraudulent registries and ship registrations
Carriers have little to fear from regulatory oversight Shipper groups are concerned about high freight rates, delays and service disruptions. But carriers say they are doing all they...
Maersk Tankers touts benefits of scale in decarbonisation efforts Smaller owners that may struggle to reduce carbon emissions on their own can achieve considerable savings by joining a pool...
Vessels sell-off lifts Maersk Product Tankers to record profit How quickly and effectively coronavirus vaccine is rolled out globally will determine timing of the rebalancing oil tanker market, company...
Braemar overpaid for Naves acquisition, says new chief 'I've been in the chair for two months and I'm feeling pumped... People are looking for deals on the street,'...
K Line launches carbon neutrality unit The Japanese major will develop a new business unit dedicated to carbon neutrality and renewable energy projects
Liner lobby recruits seasoned green experts The World Shipping Council is bringing in Bradshaw and Corbett to extend the group's policymaking reach, as environmental regulations top...
Stena Bulk unveils pioneering hybrid vessel design The new electric, modular hybrid bulk carrier is designed to meet the need for sustainable, zero-carbon, efficient and flexible seaborne...
Daily Briefing Free to read: Shipping needs 5% zero-carbon fuels by 2030 to meet green goal | Opposition aims to boost UK...
Congress calls for closer scrutiny of ocean carriers Congressmen also wanted to know if the Fact Finding 29 investigation on International Ocean Transportation Supply Chain Engagement found that...
US containerised imports projected to rise in 2021 US import volumes are predicted to reach 26.96m teu this year, a 7% increase on 2020. Compared with the corresponding...
Leonhardt & Blumberg linked to boxship deal The German company is believed to have backed purchases of handysize pair valued at $13.5m
Petredec exercises option for three LPG-fuelled VLGCs The move for the additional three 93,000 cu m LPG carriers is the second part of a deal for three...
China remains top US trade partner, Mexico No. 2 China was the top U.S. trading partner for the 10th consecutive month in January and was the most important trading partner in 2020.
Amazon investment strengthens partnership with cargo airline ATSG E-commerce is like a monster that can't be contained and Amazon is growing with it. The online retailer just bought some aircraft for the first...
International GO scheme vital to future green hydrogen trade: IRENA **CO2 content standards vital for H2 trade **'Many countries' will have to agree GO scheme
Incentivizing demand critical for hydrogen market development: panelists **Financing requires long-term offtakers **Carbon intensity could be a metric for hydrogen market development
Libya targeting 1.45 mil b/d oil output by end of 2021: Sanalla **Rise dependent on allocation of budget, improved security **NOC hopes to pump 1.6 million b/d in two years
Norway energy ministry gives go-ahead for Northern Lights CO2 injection project **First industrial-scale European CCS pilot project **Crucial to Norway's continued oil and gas ambitions
REFINERY NEWS: Russia's Khabarovsk planning spring works: sources The refinery had a shutdown in January when it replaced some of the equipment on the reformer and has been running at full capacity since early February.
Russia's Putin calls for regional cooperation on decarbonization **Russia establishing pilot emissions schemes in several regions **Projects to include carbon farming; Gazprom Neft, Sibur to take part
ITALY DATA: Refinery throughput down 15.5% in 2020: Unem The average run rate in the full year was 67.5% of the 87.25 million mt/year capacity.
OIL FUTURES: Overnight price rally fizzles as market searches for next driver **Winter storm adds to US inventory uncertainty **US dollar retreats from three-month high
Linde eyes green hydrogen bunker supply in North Sea 2022 **New supply source will slash ferry's CO2 emissions up to 95% **Hydrogen, ammonia favored options for energy transition in shipping
Americas, West of Suez tanker markets bank on trans-Atlantic revival **Closed USGC ULSD arbitrage to UKC stifles freight markets **Shipowners await product demand resurgence from vaccine effort
Hong Kong balance March 0.5%S marine fuel ex-wharf term differentials settle $2/mt higher than Feb One supplier attributed the uptick to tighter supply in the marine fuel 0.5%S market in Singapore.
Singapore 10 ppm gasoil cash crack dips to more than 5-week low on supply concerns Trade participants said the weakening crack is reflective of supply concerns- Chinese gasoil exports in particular, which are being eyed warily.
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