Svitzer Australia takes delivery of ASD tug Recently delivered by the ASL Shipyard, Singapore, the Robert Allan Ltd. designed RAstar 3000-W series ASD tug Svitzer North has been built to a design developed in close co-operation with Svitzer's operations
Marine Log to hold second virtual TTB event in March Registration is now open for Marine Log's annual TTB-Tugs, Towboats & Barges conference, the only event dedicated exclusively to the tug, towboat and barge segments of the U.S. maritime transportation industry. The
NTSB reports on contact of tanker with multiple vessels on Lower Mississippi The National Transportation Safety Board has issued its report on an incident in which a fully laden product tanker plowed into moored vessels, barges and wharves causing some $40.5 million of damages.
GAO says "atrophied" supplier base threatens Columbia class program The General Accounting Office has just released a report entitled "Columbia Class Submarine: Delivery Hinges on Timely and Quality Materials from an Atrophied Supplier Base." The Navy plans to invest about $128
VIDEO: Meyer Turku shipyard floats out Costa Toscana Finland's Meyer Turku shipyard today floated out Costa Toscana, the new flagship of Carnival Corporation's Italian company, Costa Cruises. Like sister ship Costa Smeralda, the 337 meter, 6,730 passenger vessel will be
Frank Coles steps down as Wallem CEO The board of Hong Kong headquartered Wallem Group reports that CEO Frank Coles has resigned and will be leaving the Wallem Group shortly. "As many will be aware," says a Wallem statement,
Total exits US oil lobby group over environment strategy differences The French energy company, which charters 3,000 oil ships a year, is leaving the American Petroleum Institute due to its...
Maersk calls for military action after pirate attack Maersk joins calls for more naval patrols in the Gulf of Guinea after a failed pirate attack on one of...
The Lloyd's List Podcast: Why shipping still needs to focus on human rights at sea David Hammond, the founder and chief executive of Human Rights at Sea, explains why the crewing crisis has helped highlight...
Piracy threat may be greater than the numbers suggest The International Maritime Bureau's annual piracy report highlights the seriousness of the kidnapping threat off West Africa. Analysts say the...
Wallem Group chief Frank Coles steps down Wallem Group has promoted shipmanagement unit head John-Kaare Aune as chief executive
P&I clubs face post-Brexit hoops to write in London 'My concern is that this will take some time, because I guess the Prudential Regulation Authority is quite busy these...
Regulators' distrust of container lines puts lives at risk Carriers need to inform each other when they find shippers trying to hide dangerous goods. But fears of breaching competition...
Carriers call for collaboration during health crisis Container lines say they are doing all they can to provide capacity. But they are hampered by factors beyond their...
Awilco to net $14.3m from short-term LNG charter The two- to three-month charter comes against the backdrop of an elevated LNG spot market in which ships are very...
Norton Rose Fulbright to cut over 130 jobs Restructuring planned for some time, insiders insist
Tensions rise as charterers refuse to fix ships with crew-change commitments Industry anger grows as reports of charterers' unwillingness to share responsibility in crew change crisis are raised within cross-agency briefings...
Container spot rate highs hold firm Sustained demand and equipment shortages continue to propel freight rates to record highs, amid reports of $1,000 surcharges on headhaul...
Crime at sea across Asia increases by almost a fifth At least 30 incidents occurred in the eastbound lane of the Singapore Traffic Separation Scheme, two incidents in the precautionary area...
Crew rescued from listing bulker off Philippines The vessel's 22 crew were said to have been rescued by a Taiwanese fishing trawler and are safe
OOCL reports fourth-quarter boom Boosted by a sector-wide surge in freight rates, the results can be seen as a prelude for stellar performances to...
Yangzijiang Shipbuilding in joint venture to develop LNG terminal Yangzijiang signed an agreement with Jiangyin city for an industry park, including an LNG terminal with a 6m tonnes annual...
Daily Briefing Free to read: UK's Britannia Club to redomicile in Luxembourg due to Brexit | Scrubber economics improve for newbuildings |...
Record LNG prices and rates 'won't last,' say analysts 'The whole of 2021 could look very different if the cold weather [in the north] carries on for another month,'...
Vale reports blaze at Ponta da Madeira terminal Vale said the blaze was brought under control by the fire services without any casualties or environmental damage. According to...
China reaffirms attempt to curb box shipping rates as Cosco stock tanks The stock price of Cosco Shipping Holdings slumped on Friday morning following a statement by Chinese officials. The box shipping...
Ship fuel prices jump, spread widens. 'Scrubber' revival nigh? Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.
Port of Long Beach pads record book The 8,113,315 TEUs moved in 2020 stacked up as a record year for the Port of Long Beach.
United Airlines invades Delta's backyard with Atlanta cargo route United has made cargo a priority during the pandemic. The number of passenger cargo flights it operates is evidence of that.
Alaska Air warns of increased cash burn in January The jump in passenger traffic for U.S. airlines during the Thanksgiving and Christmas holidays was a mirage, not a sustainable source of revenue for overcoming...
Prices rise as OPEC+ moves boost sentiment Alliance decided in December to ease quotas by a 500k b/d for January.
Crude slides more than 2% amid stronger dollar, Chinese lockdowns Dollar rallies after Biden reveals $1.9 trillion stimulus plan.
Singapore MPA's 2020 bunker suppliers ranking by volume shows shake-up Shell Eastern Trading topped the 2020 list.
S Korea 0.5%S Marine Fuel bunker premium hits 8-month high on tight supply "Supply is extremely tight," a South Korean refining source said.
Japan's IMO-compliant domestic bunker contracts for Q4 settled at Yen 48,000/kl: JFCSA For Q4, oil products supplier Itochu Enex and shipping company Tabuchi Kaiun were in charge of the final price negotiation.
FEATURE: China's economic comeback to add sparkle to oil demand in 2021 Oil analysts estimated China's oil consumption growth to be at least at a rate half of the country's GDP growth.
Singapore Feb regrade on downtrend following COVID-19 resurgence, tepid demand This development also pushed the FOB Singapore jet fuel/kerosene to a discount of 21 cents/b to the Mean to Platts Singapore jet fuel/kerosene on Jan. 8.
Naphtha East-West spread narrows on tighter Europe; Asia takes in US cargoes instead Strength in the crude oil complex, along with robust demand for naphtha as a petrochemical feedstock due to positive olefins margins, have driven up trading sentiment for naphtha.
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