VIDEO: Seawing kite to start trials on Airbus RO/RO Airseas, a French tech pioneer founded by former Airbus engineers, has completed the first installation of its automated kite Seawing on a commercial vessel. The first Seawing system has been installed on
Prison term handed down in exam scam case Four defendants have now been sentenced for their roles in a test score-fixing scheme at the U.S. Coast Guard's Regional Exam Center (REC) New Orleans in in Mandeville, La. One of the
Port of Baltimore helps ease supply chain woes Mercedes-Benz is one of several major shippers using the Port of Baltimore to get over supply chain hurdles. On Monday, the car carrier Noble Ace delivered 1,800 new Mercedes-Benz vehicles at the
Gladding-Hearn completes Bermuda Incat ferry refit Resolute, one of two high-speed passenger catamaran ferries delivered by Gladding-Hearn Shipbuilding, Duclos Corporation, to the Government of Bermuda, Ministry on Transport in 2002, has returned to service after a compete refit
Offshore wind could generate $4.5 billion in federal revenue A new report released by the American Clean Power Association (ACP) indicates that expanded offshore wind leasing in the United States could generate up to $4.5 billion in new federal revenue, create
Neptune Americas delivers workboat for Canadian renewables market Neptune Americas & Marine, Houston, Texas, recently delivered The Tidal Pioneer (EuroCarrier 2611), a 26- by 11-meter (85- by 36-foot) workboat that is to be used for the growing Canadian renewable energy
Change of leadership at Swedish Club Gothenburg, Sweden-headquartered marine mutual insurer the Swedish Club is to appoint Thomas Nordberg to succeed Lars Rhodin as managing director from January 1, 2022, when Rhodin retires. Nordberg is a former head
Navios Holdings announces $550m of debt financing Financing includes two new bank facilities and a number of sale-and-leaseback deals
Dry bulk unfazed by Evergrande downgrade to default While the news about Evergrande is huge, there is no real change in the short-term, as the risks have more...
Dutch bio-LNG production plant wins EU funding Plans for a bio-LNG plant in the Netherlands have financial support from the EU's Innovation Fund
Indonesia coal port congestion gains on pandemic curbs Vessel-tracking shows that bulk carriers totalling 9.9m dwt tonnes, including 83 panamax bulk carriers and a further 46 supramax vessels...
Eastern Mediterranean rounds out tanker renewal with LR2 brace EastMed is paying $60m apiece for the 115,000 dwt vessels
Allied Shipbroking detects 'stress' behind dry bulk bravado Softer bulker prices offer another indication that bull run has lost 'a fair part' of its confidence, says analyst
Swedish Club names Nordberg to replace Rhodin Marine mutual hires former Gard UK managing director for top job. Thomas Nordberg has close to 30 years' experience in the...
UK ports take double-digit throughput hit from pandemic and Brexit 'Challenging period' for ports sector and decarbonisation will add to pressures, admits Tim Morris, but meanwhile 95% of UK trade...
California ports delay container dwell fee again Just the threat of ever-increasing fees for the late pick up of containers has cleared cargo out of terminals. But...
Two detained over fatal collision in Baltic Sea A body was recovered from the barge Karin Høj and the sea search for another missing crew member has been...
New variant will 'slow, but not upend' oil recovery, says IEA IEA monthly report downgrades oil price estimates for 2022 as demand recovery takes hold, with supply outpacing demand in December
Daily Briefing US Gulf exports to keep LNG rates strong after retreat from record highs | Clean tanker rate recovery boosted by...
Crew taken in attack on boxship in Gulf of Guinea Lloyd's List Intelligence data shows that the 5,551 teu ship was en route from Kribi, Cameroon to Cotonou, Benin when...
Shipping's use of hydrogen presents a challenge for policymakers Green lobby warns of the difficulty of renewably making the huge amounts of hydrogen needed to decarbonise the economy
Fitch maintains neutral outlook on shipping Ratings agency says continued global economic recovery is key for all shipping segments to maintain their favourable supply and demand...
Disruption, delays, demurrage: What's covered? It's important for LSPs, cargo owners, warehouse operators and other stakeholders in the supply chain to understand their insurance programs, contractual agreements and best practices...
Hydrogen hype? United Airlines says it could fly new-tech jets by 2028 United Airlines is getting lots of attention with bold statements that it hopes to fly hydrogen jets in seven years and supersonic jets by the...
Port of Virginia sets November volume record November volumes rose nearly 4% year-over-year, although on a sequential basis, volumes fell nearly 9% from October.
'Halloween costumes are still coming through the ports' Christmas is just around the corner, but the supply chain remains snarled, says a C.H. Robinson exec.
CHINA DATA: Independent refiners lift run rates to 5-month high as margins hold JLC survey covers 43 independent refineries in Shandong, with a combined capacity of 166.7 million mt/year, which accounts for about 18% of China's total refining capacity.
Saudi Aramco allocates full January term volumes to some Asian buyers With OSPs higher, spot market activity for February-loading barrels could see more support from refiners, a trader in Singapore said.
CHINA DATA: PDH plants run at 86% in Nov amid record low processing margins Chinese PDH plants saw a record low theoretical processing margin in November at minus Yuan 1,358/mt ($213.29/mt), down from Yuan 573/mt in October, according to Platts calculations.
TENDER DATA: Lanka IOC buys VLSFO for end-December delivery When: Delivery over Dec. 27-Jan. 1
Tight low sulfur fuel oil stockpiles firm up Dec Singapore ex-wharf bunker premiums The first bunker supplier also said that buyers paying up the prevailing ex-wharf premiums run the risk of selling delivered bunkers below cost, while it would be more prudent to hold off amid the steep backwardation.
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