USMMA Sea Year program set to resume The U.S. Department of Transportation (DOT) and the Maritime Administration (MARAD) are planning to resume the Sea Year program at the U.S. Merchant Marine Academy, Kings Point, N.Y. The program was paused
New York Bight offshore wind plans move ahead The Bureau of Ocean Energy Management (BOEM) today announced it has completed its environmental review of potential impacts from offshore wind energy leasing activities in the New York Bight, a portion of
Ammonia-fueled shipping project gets Norwegian government funding Viridis Bulk Carriers-a joint venture between Navigare Logistics, Amon Maritime and Mosvolds Rederi-and its consortium partners in an ambitious ammonia-fueled shipping project have been awarded NOK !3.75 (about $1.53 million) in Norwegian
RFP out for battery-hybrid Governors Island ferry Elliott Bay Design Group (EBDG) reports that its design for a 190-foot passenger/vehicle ferry for the Trust for Governors Island is out for bid. The ferry will operate between Lower Manhattan and
Omicron and crew change: Shipping responds with quarantine plan With the Omicron coronavirus variant leading governments close borders, shipowners, seafarers' unions and maritime employer groups are responding. They are establishing their own approved international network of quarantine facilities to ensure seafarers
Sounds of peace for mental health By Emily Reiblein, Director HSSE -Crowley Logistics As the holiday season rolls around again, the hunt for peace is on. Letters and symbols of peace appear on shop windows, hanging on street
North Star embarks on offshore fleet decarbonization plans North Star, the U.K.'s largest ship operator servicing the oil and gas industry, has kick started its ambitious fleet decarbonization plans with an in-depth sustainability study across its 44 offshore infrastructure support vessels. The
Port of South Louisiana names new executive director The Board of Commissioners of the Port of South Louisiana has selected Paul Matthews to serve as the port's next executive director, effective January 15, 2022. Matthews is replacing long-time executive director
Austal USA finalizes San Diego ship repair deal Austal USA reports that it has finalized its deal to establish a ship repair facility in the Port of San Diego. The deal includes a long-term lease of a waterfront site in
Fresh records set for boxship charter rates steer owners to greater 2022 profits Underlying demand for containership demand 'is showing no signs of weakening', according to research consultancy Alphaliner
Fears growing over risks to supply chain from new variant, marine insurers warn Insurance industry raises concerns about lack of personnel, port congestion, reduced ship capacity and containers, pressure on the bottlenecks and...
Digital acquisitions alter Alfa Laval's focus Tech companies will be spending the next year analysing their digital journey. They might have to buy or set up...
Navios gets third-quarter boost from dry bulk market Third-quarter dry bulk revenues up by more than 55% while logistics arm made net loss despite increased revenue
SSY cautions on iron ore trade growth expectations Ship brokerage Simpson Spence Young is cautious about the magnitude of seaborne iron ore import trade growth next year given...
TEN sees tanker recovery signs as results improve Slew of new charters will generate at least $500m in revenues
Quarantine network set up to ensure safe crew change The shipping industry is creating an approved network of changeover facilities to ensure safe crew changes as draconian travel restrictions...
Contract rates set to break records in 2022 Few shippers want to lay their fortunes at the door of the spot market after the disruption of the past...
2M alliance shuffles schedules to avoid Europe's congested ports Congestion is leading to carriers' schedules being impossible to maintain and increasing blank sailings. Maersk and MSC have rationalised their...
MOL agrees deal for FSRU with Royal Vopak in Hong Kong Partnership advances their bid to further explore downstream opportunities for LNG bunkering as a cleaner marine fuel in the city
Daily Briefing Golar launches Cool Company with backing from Idan Ofer | Attica confirms 'ongoing' merger talks with Anek | Dry bulk...
Antong buys secondhand containers for $11m The Shanghai-listed container shipping carrier has agreed a deal with Tianjin Dongjiang Yitong Leasing for more than 3,000 boxes
Shipping managers caught in transactional trap, says V.Group chief Former Topaz Energy & Marine chief sets out strategy set a new structure for running the company, and launches a...
Port of Long Beach: On-water visibility requires supply chain information highway While the Port of Long Beach is still dealing with a lineup of container ships waiting to berth, it is looking ahead to providing more...
Global ammonia prices surge on European natural gas cost push As of Dec. 15, ammonia prices in Europe were the highest globally at $1,120/mt CFR Northwest Europe (up 47% since the launch), while FOB Black Sea, a major source of ammonia to Europe, was assessed at $1,055/mt (up 49%).
Cash differentials for European gasoil cargoes surge on tight fundamentals "[Gasoil] 0.1% is very tight. In the Mediterranean, none of the local refineries have extra length. Also there is good demand in France," a trader said.
OIL FUTURES: Crude continue to rise following surprisingly large US stock draw US crude oil inventories posted the largest draw since September in the week ended Dec. 10, US Energy Information Administration data showed Dec. 15, as exports pushed to five-month highs.
Japan's MOL, Vopak enter joint venture for Hong Kong LNG terminal's FSRU This will be the world's largest FSRU with a storage and regasification capacity of 263,000 cu meters and 800 million cu feet/day, respectively, according to the companies, and also be Hong Kong's first-ever LNG import terminal.
Norway's Equinor joins forces with France's Engie on Belgian blue hydrogen The Belgian government released its hydrogen strategy in October and Equinor said the H2BE project would help Belgium deliver on the strategy.
China's Shandong independent refiners face environmental hurdles Shandong-based independent refiners may be heading for more trouble after China's environmental authorities said some of those had added extra capacity without the required clearances.
China's CEFC International shifts from supplying low to high sulfur bunker fuel in Zhoushan In early 2021, most of the company's sales came from low sulfur bunker fuel with maximum 0.5% sulfur, while in December they are now from high sulfur bunker fuel, the source said.
Singapore HSFO bunker sales gain in Nov despite thrust on cleaner fuels Industry sources expect the share of HSFO to likely remain elevated going forward.
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