USCG issues waterways commerce cutter RFP The U.S. Coast Guard Acquisition Directorate reports that the Coast Guard waterways commerce cutter (WCC) program released a request for proposal (RFP) on April 30 for the design and construction of its
Tidewater CEO: "Everything we own should be working by end-2022" Offshore services giant Tidewater Inc. (NYSE: TDW) reported results for the quarter ending March 31, 2021, that still showed a lot of red ink. But, in a sign that it may see
New generation patrol boat will protect Great Barrier Reef The Norman R. Wright & Sons shipyard in Brisbane, Australia, has delivered the Reef Resilience, the second of two new-generation Incat Crowther 24 patrol boats built for the Great Barrier Reef Field
Innovative hull air bubbler system gains BV approval Bureau Veritas has awarded Singapore-based GILLS Pte Ltd. its Approval in Principle (AiP) for a hull air lubrication system that requires no energy-consuming compressors to generate air bubbles. The GILLS (gas injected
VIDEO: Hospital ship Global Mercy completes sea trials The world's largest civilian hospital ship, Global Mercy, has completed sea trials. Gothenburg, Sweden-based Stena RoRo, which is managing construction of the ship on behalf of the international charity organization Mercy Ships,
Port Houston breaks ground for Ship Channel deepening project Marking the start of National Infrastructure Week, Port Houston has held a ceremony breaking the ground for the start of construction work to support widening and deepening the 52-mile Houston Ship Channel.
New Jersey offshore wind takes another step forward Electric transmission project developer Anbaric Development Partners, a leading developer of electric transmission projects, has concluded its second set of oceanographic survey activities for its Boardwalk Power Link (BPL) project, which will
USCG proposes to update electrical engineering regs by Tom Ewing On April 22, the U.S. Coast Guard published a Notice of Proposed Rulemaking (NOPR) to update maritime electrical engineering (EE) regulations. The regulations impact design, construction and inspection of
Aponte and Idan Ofer ink landmark deal for LNG-fuelled boxships The prospect of a favourable deal from Eastern Pacific; pressure from cargo interests keen to see a portion of LNG...
Global Ship Lease raises dividend as world boxship fleet reaches 'full employment' Containership owner says it sees strong fundamentals continuing for at least the medium term
SPONSORED Improved cargo tank cleaning saves lives and serves the sea MOL Chemical Tankers has equipped its vessels with UV/Vis spectrophotometers that allow seafarers to monitor all tank cleaning operations as...
Trade spat threatens Australia-China gas shipments Australia is the biggest supplier of LNG to China, accounting for 45% or imports last year, Lloyd's List Intelligence data...
High iron ore price halts capesize retreat The average weighted capesize time-charter gained 2% to $42,370 per day at the close on the Baltic Exchange
Mystery over cause of blast on oil tanker off Syria Two explosions were reported on a Lebanese-owned tanker carrying Iranian crude to Syria after a similar incident on the same...
Suez Canal Authority cuts Ever Given compensation demand Egyptian official goes public on reduction in claim for grounding from over $900m to around $600m, but even that is...
Global box volumes heavily dependent on US demand Surging demand in North America is distorting global container demand growth figures. US exports have also faltered as supply chain...
Alfa Laval acquires weather specialist StormGeo StormGeo has been owned by private equity firm EQT for the past seven years, during which time investments in six...
Hutchison completes acquisition of Rotterdam terminal Hutchison increases its presence in Rotterdam with the acquisition of APM Terminals' Rotterdam terminal. APMT will focus development on Maasvlakte...
Pipeline cyber attack triggers transatlantic tanker boost Transatlantic daily tanker earnings surge 117% in one day to nearly $20,000 as traders seek medium range tankers to refined...
ONE partners buoyed by container shipping boom Looking ahead, K Line is the more cautious of the Ocean Network Express trio on future prospects, while NYK and MOL...
Daily Briefing Free to read: Looming crew crisis requires urgent action, not words | Fluid port regulations frustrate seafarers | Salvors warn of...
Tanker rate boost from pipeline cyberattack could be fleeting Trans-Atlantic product tanker rates have spiked, but a quick pipeline restart would curb future upside.
FreightWaves Flashback: A simple error in measurement 1978: More than a decade ago, someone accepted the measurement given in a manufacturer's advertisement at face value. The figure has been used since then...
US, Canadian pilots unions clash over Cargojet and fatigue rules The Air Line Pilots Association has accused the bargaining unit for Cargojet pilots of going along with the company's effort to weaken new anti-fatigue rules.
Trans-Atlantic rivalry brews over Airbus A321 converted freighter Airbus is competing not only against Boeing to sell small converted freighters, but it now has a new U.S. competitor in retrofitting A321s.
India's COVID-19 surge to unleash drastic disruptions in maritime industry: sources Bunkering schedules will go awry, daily earnings will be hit and ships will seek to offset it by higher freight for India-bound voyages, sources said.
EUROPE AND AFRICA RESIDUAL FUEL: Key market indicators Weakness in the 0.5% sulfur marine fuel oil market has been weighing on the low sulfur feedstocks complex, according to European vacuum gasoil traders
CHINA DATA: Bitumen Blend tops April crude imports for independent refiners on Shandong demand **April Bitumen Blend crude imports at record high **About 1.88 mil mt April crude inflows relate to Iranian crude **Jan-April Nemina, Oman, Upper Zakum imports more than treble
EMEA Middle Distillates: Key market indicators The easing of coronavirus restrictions in France and Spain over the weekend is expected to stimulate an uptick in diesel consumption in the countries.
Colonial Pipeline closure seen boosting European clean products **Gasoline market could be biggest beneficiary of pipeline closure **Transatlantic freight rates start to firm, seaborne imports like to surge
OIL FUTURES: Crude higher following tightness on Colonial Pipeline outage With the capacity to transport 2.5 million barrels of gasoline and other oil products per day, the affected pipelines supply almost half of the fuel needed on the US East Coast, according to Commerzbank.
Fratelli Cosulich orders first LNG bunkering ship for operation in Mediterranean Sea **LNG as marine fuel provides immediate environmental benefits **Vessel to transport over 8,000 cu m of LNG, 500 cu m of MGO **Ship expected in summer 2023
Petrobras to halt bunker operations at Brazil Vitoria, Praia Grande and Tubarao ports at end-May The suspension follows the end of the current contract to use the barging pier in the Tubarao terminal, the company said.
Singapore 380 CST HSFO differential slips to negative on weak Middle East demand **380 CST cash differential drops to year-to-date low **Demand from Saudi Arabia yet to rise
Asia residual fuel market: Key market indicators this week Low sulfur fuel oil market will likely grapple with weak downstream demand at the two largest bunkering ports of Singapore and Fujairah this week.
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