Vandroff named Fincantieri Marinette CEO Fincantieri Marinette Marine reports that Mark Vandroff will be taking over as CEO effective July 7, succeeding Jan Allman who has led the Wisconsin shipyard since 2014 and who has been promoted
Port of Los Angeles sets Western Hemisphere record for annual volume The Port of Los Angeles yesterday became the first port in the Western Hemisphere to process 10 million container units in a 12-month period. To mark the milestone, Los Angeles Mayor Eric
BOEM to hold New York Bight offshore wind lease sale The U.S. Department of the Interior today announced plans for what will be the Biden administration's first offshore wind sale. It will offer areas on the Outer Continental Shelf (OCS) in the
Two Celebrity Millennium guests test positive for COVID-19 Two passengers aboard a Celebrity Cruises' cruise that departed from the Caribbean port of Philipsburg, St. Maarten, June 5, have tested positive for COVID-19. The company issued the following statement: "Today, two
Wison delivers China's first floating wind platform Shanghai-based Wison Offshore & Marine Co., Ltd. (WOM) reports that it has completed construction of a semi-submersible foundation platform for the Three Gorges Guangdong floating offshore wind power project. Located in the
US calls incoming emissions measure 'weak' Countries at the International Maritime Organization's Marine Environment Protection Committee showed strong opposition to allowing waivers and exemptions from incoming...
Don't shoot the carrier Record freight rates and delays are the result of a system under pressure in the midst of a pandemic. When...
Charterparties may need amending to reach climate goals 'There is wide scope for owners and charterers to consider provisions addressing technical and operational efficiency within charterparty riders, and...
Shipping apes G7 to spread the word for seafarers The UK Chamber of Shipping is lobbying more for action on crewing, green shipping and digitalisation during the G7 meeting...
The week in charts: Yantian Port congestion | Easing global box demand | Crew abandonment case failures Vessel queues into Yantian may have reduced over the past week at the port's main anchorage but are still significant...
APM Terminals names Jonathan Goldner as Asia head APM Terminals will move its Asia headquarters to Singapore from Hong Kong in the coming months
The Lloyd's List Podcast: Why sustainability needs digital solutions as well as decarbonisation Shipping experts are calling for serious commitment on sustainability 'NOW' before it's too late. What's holding us back? Is the...
Daily Briefing Free to read: IMO chief warns failure not an option on cutting emissions | Abandoned crews languish as cases drag on...
Sri Lanka probes oil patch near X-Press Pearl Ship operator X-Press Feeders said a 'grey sheen' has been observed emanating from the vessel. There is no confirmed fuel...
Port of Los Angeles sets container processing record 'With our sustained focus on supply chain digitalisation, infrastructure investments and strong business relationships, we have the opportunity to build...
Astomos to ship first carbon-neutral LPG in deal with Shell Credits from Shell's global portfolio of nature-based projects will be used to offset lifecycle CO2 emissions generated across the value...
Asia Pacific drives LNG re-export growth The increase in LNG re-exports came on the back of volatility in prices. This fed trading interest and boosted liquidity...
Maritime Markets Outlook: Death and demand A vaccine-led recovery is going to be a bumpy ride for the maritime markets, so we are looking at the...
US sanctions 'cohort' of businessmen and shipping experts linked to Yemen's Houthis Ofac said the Houthis have used ballistic missiles, explosives, naval mines, and Unmanned Aerial Vehicles to strike military targets, population...
Container rates rocket even higher - and there's no end in sight Container spot rates spiked again, with new records set. For importers, the worst is yet to come.
Pending Belarus sanctions could complicate East-West freight moves Belarus occupies a key spot on the Trans-Eurasian rail line and is on the flight path used by airlines between Europe and Asia. Freight transport...
Broken records: 'Historic cargo surge' still making waves at US ports The "unprecedented" influx of imports continues on the West and East coasts.
TSA to exempt 'secure' exporters from new air cargo screening New air cargo security rules require 100% screening of every shipment. The Transportation Security Administration says cargo from large warehouses with heavy security measures don't...
Norway hydrogen road map to create marine transport hubs, industrial projects by 2025 Norway aims to establish five maritime transportation hydrogen hubs by 2025, along with up to two industrial projects with hydrogen production facilities, the government said in a road map published June 11.
OIL FUTURES: NYMEX products retreat as US mulls RINs relief for refiners NYMEX refined product futures settled sharply lower June 11 following reports that President Joe Biden's administration is weighing options to provide relief to US refiners from biofuel blending mandates.
OIL FUTURES: Crude futures higher on upbeat demand view Overall, the market is well supported with bullish signals on both the demand and the supply side, more than offsetting any bearish sentiment.
European VGO values buoyed by supply constraints, refined product demand **Russian refinery outages reducing supply **Stronger gasoline demand affecting values
INTERVIEW: IATA CEO sees 'significant' supply boost for SAF 2030-2040 **Calls out catch 22 of low biojet volumes and low uptake **SAF key element to lower carbon sector for long-haul flights **Industry ripe for consolidation but unlikely for another two years
Gazprom, Shell reiterate commitment to energy transition **Investing more than $2 bil a year in clean energy: Shell **Gazprom, Shell say energy transition inevitable
NWE low sulfur fuel oil market flips to backwardation as Med demand firms up Fuel oil traders talking to S&P Global Platts have said that the low sulfur fuel oil market has been supported by seasonal utility demand from countries in the Med.
ARA fuel oil stocks down 4.6% on week at 1.311 million mt: Insights Global Availability of high sulfur fuel oil was heard to be satisfactory in the ARA region, as Russian quality M-100 fuel oil was heard heading to the US Gulf Coast to meet coker demand.
Trafigura, Total join project to study using green ammonia as marine fuel **Cost a key issue for ammonia **Small plants may emerge in 2025
BUNKERWORLD INDEX: Prices waver amid mixed market dynamics and crude bearishness **Tightening of 3.5%S FO at Fujairah **Supply overhang in the Mediterranean **Congestion leads to limited prompt availability at Montreal
Australia's bunker demand falls sharply as cruise tourism sails in choppy waters **VLSFO bunker demand drop likely 30%-50% **Clear pathway for cruise industry recovery needed: CLIA
INDIA DATA: May oil products demand falls 1.5% on year to 3.8 mil b/d **Month-on-month demand in June set to improve **Transportation fuel demand to recover as COVID-19 eases
FEATURE: IEA's net-zero roadmap is unrealistic, lacks localized approach - Chinese experts **IEA report lacks differentiated approach between developed and developing countries **Rapid phasing out of fossil fuels could destabilize energy supply, power grids
SINGAPORE DATA: Residue stocks rise 5.2% on week to 26.92 mil barrels on low exports **Fuel oil imports rise 24.63% on week **Fuel oil exports fall 53% on week
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