Eastern Shipbuilding celebrates opening of new repair facility Panama City, Fla., headquartered Eastern Shipbuilding Group, Inc. (ESG) yesterday hosted the grand opening of its Port St. Joe, Fla., (PSJ) facility. The new facility adds an additional 40-acre site to the
First Upper Ohio Navigation Project contract awarded The Pittsburgh Engineer District has awarded Richard Goettle Inc., of Cincinnati, Ohio, the first construction contract for the $1.8 billion Upper Ohio Navigation project. The $4.7 million contract awarded Goettle is for
Hyundai orders world's first ME-GA engines MAN Energy Solutions has booked the first orders for its new low pressure ME-GA two-stroke stroke engine. HHI-EMD (Hyundai Heavy Industries' Engine Machinery Division) has ordered a dozen of them. Six new
VIDEO: River cruise vessel runs aground A riverboat cruise turned into somewhat of an adventure cruise yesterday when passengers found the vessel had gotten stuck on a sandbar near Barkley Bridge on Lake Barkley, Ky., during a seven-day
Retrofitted inland vessel cleared to sail the Rhine on hydrogen Rotterdam-headquartered Future Proof Shipping B.V. (FPS), which is retrofit the 110 meter by 11.45 meter inland container vessel Maas to a zero-emissions hydrogen propulsion system, has cleared a regulatory hurdle. The Central
Zero by 2050: Is the technology there yet? If you didn't get the message that shipping needs to decarbonize, welcome back from your vacation on Mars. The International Maritime Organization has set what the International Chamber of Shipping describes as
Paulo Enoizi named to lead GasLog Partners Chief operating officer since 2019, Paulo Enoizi succeeds Paul Wogan, who has stepped down from the partnership to concentrate on...
Singapore strengthens crew change rules Singapore's Maritime and Port Authority has further tightened its crew change requirements while easing the home isolation requirement to 14...
UK sanctions divergence may be headache for marine insurers 'At the moment, we are not quite there yet, but there are areas of difference, and we have clients for...
Sovcomflot secures charters for LNG duo from TotalEnergies The French energy major will charter two 174,000 cu m liquefied natural gas carriers from Sovcomflot for up to seven...
Regional freight rates set to follow main lane trades Smaller trade lanes have yet to see the price shocks of major head haul routes. But with ships needed on...
The week in charts: Sky-high scrapping rates | Buoyant bulker FFA volumes | Relentless box charge High steel plate prices on the Indian subcontinent have driven ship recycling rates to their highest level in more than...
Abu Dhabi considers green ammonia bunkering facility The project will also feature a storage facility at Khalifa Port. This raises the prospect of becoming a hub for...
The lessons and the aftermath of the Ever Given incident Suez Canal Authority speaks out on Ever Given grounding, and what the rest of 2021 holds for the shipping industry
European forwarders call for fairer taxation regime Container lines are increasingly competing with freight forwarders for hinterland services. But by claiming these services as ancillary to shipping...
Daily Briefing Free to read: Ever Given was human error but it won't happen again, says Suez Canal chair | Holding Ever...
US freight transport sector faces 'crackdown' on anti-competitive behaviour FMC chairman Dan Maffei welcomes the move, saying it engenders a new 'spirit of co-operation' among government departments
China sees shipping as a potential target for national carbon market The move comes against the backdrop of China's pledge to decarbonise its economy and the pressing need at the international...
The Lloyd's List Podcast: Why shipping is not going to get any sanctions risk relief Don't mistake the anticipated lifting of Iranian sanctions for an easing of compliance risk. For those banks and insurers seeking...
Prokopiou eyes fresh challenge as new owner of Hellenic Shipyards George Prokopiou says a return to shipbuilding 'remains to be seen' at the facilities that have been passed between state...
Staten Island Ferry construction christens Florida's newest shipyard Eastern Shipbuilding opens a new shipyard in northwest Florida with Staten Island Ferry orders.
Lufthansa's CityLine passenger subsidiary to haul freight Lufthansa Cargo is an early adopter of the Airbus A321 converted freighter and will use a passenger affiliate to fly the aircraft.
Stranger things: Air cargo becomes value play over ocean freight The Upside Down is a parallel universe inhabited by the Demogorgon in the Netflix series "Stranger Things." In the real world, shippers that don't want...
Final innings are coming soon on the fate of Oakland's Howard Terminal One alternative: The team moves to Las Vegas, though that would keep Howard Terminal in place.
NWE 0.1%S gasoil values buck trend to near 6-month high Marine gasoil demand levels in Northwest Europe cited as possible boosts to 0.1%S gasoil barge premiums.
Crude climbs as market eyes tightened near-term supply outlook Rapid drawdown in US crude inventories in recent weeks has supported bullish near-term supply outlooks.
CONTAINER QUARTERLY: Demand-related strength to continue to end of year **Rates to remain firm heading into second half of 2021 **Demand expected to outstrip supply of empty containers
Grangemouth operators Ineos, Petroineos sign up to Acorn CCS project **Grangemouth CCS startup planned by 2027 **BP-led Humber and Teesside CCS to combine
US to ship 343,000 mt of LGP to Europe in July so far: Kpler **US-Europe LPG arb for July seen closed **NWE butane complex stronger on tight supply
Maersk highlights unexpected costs of building methanol-fueled vessel **Conventionally produced methanol 43% costlier than LNG **Existing infrastructure for methanol as a bunker fuel
High delivered WTI Midland offers support N Sea, WAF crude markets **Weaker US arb economics support alternative light sweets **Expectations of lower US flows to Europe in Aug, Sept
BUNKERWORLD INDEX: Prices dip on fraying cohesion in OPEC+ amid varied bunker market sentiment **Softer South Korea delivered marine fuel 0.5%S prices spur demand **Supply outlook at Antwerp good for all grades of fuel **Congestion at Montreal expected to linger until mid-week
ARA fuel oil stocks down 14% on week at 1.236 million mt: Insights Global **Stock draw comes as traders report fewer cargoes on offer **Spread between 3.5% and 1% sulfur fuel oil widens to $61/mt
EU carbon market extension 'high risk, low reward for consumers' **Eur100/mt price needed to change behavior **Policies risk tipping more into fuel poverty
Sinopec's tight bonded bunker quota likely to squeeze supplies, boost prices at China ports Sinopec accounts for about 65% of China's LSFO production, according to market sources.
SINGAPORE DATA: Residue stocks fall to over 3-month low on firm demand, low imports **Bunker demand firms up to better-than-average level **Fuel oil imports decline 1.3% on week to 967,590 mt
Singapore balance July ex-wharf marine fuel term premium rises on demand uptick Demand for IMO-complaint fuel at the world's largest bunkering hub of Singapore has been better-than-average to rather firm, especially for most parts of the last couple of weeks, traders have said.
Saudi Arabia's HSFO purchases from Asia fall on refinery startup, crude use at power plants **Jizan refinery sells three Aframax HSFO cargoes a month **Saudi Arabia burning crude oil at power plants
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