Meyer Turku picked to build new Finnish patrol ships The Finnish Border Guard and shipbuilder Meyer Turku Oy have entered into a letter of intent (LOI) for the construction of two new multi-purpose external patrol vessels. The Finnish Border Guard's VL
Two more Svitzer tugs will boost Suez Canal towing capabilities The Suez Canal Authority has just extended its current contract with Maersk group towage specialist Maersk to include two additional tugs. Following the extended shut down of canal traffic that occurred when
Golden Ray: Responders get ready for final cut Responders removed Section Six of the capsized car carrier Golden Ray from the wreck site in St. Simon's Sound, Ga., on Saturday. That leaves two of the eight sections of the wreck
CMB and Tsuneishi unveil hydrogen-fueled ferry The world's first ferry to be powered by hydrogen-fueled engines was unveiled before a group of Japanese children from Urasaki Primary School last week. Called HydroBingo, the 80-passenger vessel is the product
Daily Briefing Bulkers serving as makeshift boxships clubs warn | LA/Long Beach anchorages full and Ningbo remains closed | Carriers flock to...
Danaos signs $378m new chartering spree US-listed owner was not specific about the latest charter rates but has managed to negotiate hefty increases and to cover...
UK gives new detail on seafarer vaccination plans The UK is allowing vaccine doses to be given closer than eight weeks apart for seafarers with limited time in...
Bulkers serving as makeshift boxships, clubs warn 'The problem now is that they are going under deck and being loaded in the holds, loading six and seven...
Carriers flock to transpacific as goldrush continues With rates high and demand still yet to plateau, there's gold in them thar trade lanes. Container lines are plunging...
Odfjell sells last two gas carriers to BW Epic The sale of the two vessels to Singapore-based BW Epic Kosan is expected to close at the end of October
Daily Briefing Why the global supply chain is hanging by a slender thread | Ships continue to bypass Ningbo | What the...
DSV Panalpina closes Agility deal DSV has been busy on the acquisition trail. Its latest expansion will boost its Middle East and Asia presence
Ningbo terminal closure enters sixth day The number of ships at anchor outside Ningbo is declining, with carriers beginning to cut services calling there
Anchorages full as LA/Long Beach boxship queues approach record levels Beneficial cargo owners and forwarders face more delays on the transpacific trades as the number of containerships waiting to dock...
Port of Corpus Christi converting refinery to carbon-neutral production facility The port ultimately hopes to scale hydrogen production for exports to international markets.
California congestion nears new high, East Coast gridlock worsens Queue of container ships off U.S. ports keeps building, with months' worth of peak-season cargo still to unload.
Leasing firm to convert 18 Airbus A321 passenger jets to freighters Aircraft leasing and management firm BBAM showed its confidence in the new Airbus A321 freighter design by placing a large order with an aftermarket shop...
FreightWaves Flashback: Bombproof air cargo containers 1996: The FAA says it's ready to start testing new designs of air cargo containers built to withstand terrorist bombs, but the industry worries the...
FreightMango partners with Vizion for long-term visibility needs "There was a lot of flexibility in their API that allowed us to do what we wanted to do with it, compared to others that...
Crude prices retreat as delta spread clouds demand outlooks ICE Dollar Index climbed to 92.623 in afternoon trading, rallying off a five-session low seen Aug. 13.
More tankers calling at UAE's Fujairah port, boosting bunker sales: traders **HSFO cargoes being moved to Singapore **More fuel needed as OPEC boosts output
OIL FUTURES: Crude dips below $70/b on stalling demand outlook The rapid spread of the delta variant of the COVID-19 infection has dented demand projections for the rest of 2021.
EUROPE AND AFRICA RESIDUAL AND MARINE FUEL: Key market indicators this week The low sulfur complex was rangebound last week, with traders expecting more bullish sentiment in the coming months as downstream demand recovers and arbitrage barrels to Singapore increase.
Industry eyes Norway green ammonia projects in energy transition **Applications in marine, fertilizer industries
Oman's Sohar Port and Freezone Q2 throughput climbs 14% on year **Cargo tonnage may exceed last year's total **Oman is part of OPEC+ alliance easing output cuts
Ceypetco to target domestic bunker market as outlet for excess fuel oil In addition to supplying its own fuel oil production to the local utilities market, the company also issues buy tenders seeking fuel oil to cover shortfall in supply, last issuing a buy tender seeking 20,000 mt of 180 CST 3.5% sulfur fuel oil for delivery over Sept. 1-5.
VIETNAM DATA: July oil product imports fall 47% on year to 584,455 mt The inflows of gasoline, diesel and jet fuel declined sharply year on year in July, but fuel oil imports surged over the same period.
Asia residual fuels: Key market indicators for Aug. 16-20 Demand outlook for August is likely to be steady at best to slightly weaker on relatively lesser inquiries so far this month, traders said.
Total bunker sales in Panama rise slightly in July, marine fuel 0.5%S loses ground **High sulfur IFO 380 and MGO support overall increase **Total sales 12% stronger than in July 2020
India's BPCL Q1 gross refining margin jumps to $4.12/b Refinery throughput at BPCL's two refineries stood at 7.84 million mt in fiscal Q1, up 20.8% on the year.
Howard Energy plans carbon-neutral, blue hydrogen facility at Port of Corpus Christi The Port of Corpus Christi aims to position itself to become the nation's top carbon capture and sequestration management hub.
FUJAIRAH DATA: July bunker sales jump 2.8% on month to 2021 high Among the biggest changes at Fujairah for July, sales rebounded 81% for marine gasoil bunkers to 1,422 cu m.
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