CDC slightly eases cruise travel warning The U.S. Centers for Disease Control and Prevention on Wednesday lowered its health notice on cruise travel from Level 4 (very high), which recommends avoiding all travel, to Level 3 (high). At
Knud E. Hansen unveils new WTIV design The latest addition to Danish naval architectural consultancy Knud E. Hansen's Atlas series of wind turbine installation vessels (WTIV) designs, the Atlas A-class, is able to carry four new-generation 14 MW wind
Callan Marine to add another new dredge Galveston, Texas, headquartered Callan Marine continues to expand its fleet. In May last year, it took delivery of the 32-inch cutter suction dredge General MacArthur. Then, In July last year, it reported
DNV launches digital EEXI calculator Classification society DNV estimates that currently up to 30,000 vessels will need to take action to comply with the upcoming EEXI regulation, likely be adopted at this week's 76th meeting of the
GLDD to pay $1 million fine in 2016 pollution case Great Lakes Dredge & Dock (GLDD) agreed to pay a $1 million dollar fine in relation to a 2016 oil spill near a Louisiana barrier island. If the company's plea deal is
IMO adopts new emissions measures The Marine Environment Protection Committee has officially adopted operational and technical efficiency requirements for ships, beginning in 2023, despite disappointment...
ITF points to flag failings in abandoned crew ordeal The seafarers, mostly from India, went on hunger strike earlier this year because their pleas for owed wages, repatriation, and...
M/Maritime endorses Onex Syros yard for dry docking bulker fleet The company's 34,900 dwt handysize Avra.GR, built in Japan in 2016, has already completed the five-year special survey, spending a...
MEPC adopts 'toothless' Arctic HFO ban The Marine Environment Protection Committee signed off on a ban on the use and carriage of heavy fuel oil in...
Blankings rise as Yantian disruption continues With Yantian only slowly coming back to operation, carriers are still diverting vessels away from southern China. But a significant...
Britannia report shows extent of pool losses Attritional claims broadly stable for London-based club, but Stellar Banner total loss and pandemic took financial toll
Decision to quarantine port workers faces legal challenge Australia's maritime union and a Darwin stevedoring company are taking a state government to court after police detained 13 port...
Crisis regulation risks poor policy decisions Container shipping's customers are seeking solutions to fix the congested supply chain. But making new regulations during a temporary crisis...
Future seafarer training 'must focus on digital literacy' An industry webinar heard that colleges are still teaching digital evolution from 15 years ago. A more holistic approach is...
TradeLens makes inroads in Chinese market Ports are a key area, where TradeLens aims to recruit more members in China. The development of GSBN will not...
Global Ship Lease agrees boxship deal in 'fantastic market' George Youroukos-led owner unveils second significant deal in a week, buying four high reefer capacity panamaxes to add to the...
West coast ports still under pressure from high US demand Any thoughts that the easing of the pandemic would lead to a downturn in consumer spending appear to be misplaced...
China set to overtake Japan as leading LNG importer Chinese importers acting on the urge to fulfil strong domestic gas demand would not cave in to political pressure, as...
Shipping's R&D fund proposal given a third shot at survival The proposal for a $2 levy on fuel to fund decarbonisation research and development projects did not convince governments, but...
Daily Briefing Free to read: Carbon levy talks pushed back amid division at IMO | Can Beijing tame the iron ore trade? |...
Thinking outside the box leads Costamare back to bulkers Greece-based company acquired 15 secondhand container vessels in the first five months of this year, but with prices soaring in...
CDB Leasing orders 10 MR tankers worth $384m Chinese leasing major has unveiled a wave of deals in relation to vessel acquisitions and newbuilding orders since last year...
Report: Cargo part of solution mix for airline deleveraging Excerpt: Most airlines survived the pandemic financial crisis, but will they survive the recovery?
Vessel group rejects allegations of threats against US exporters The Federal Maritime Commission tells Congress exporters allege they are being threatened by ocean carriers if they complain about excessive fees and unfair practices.
Rise in trans-Pacific spot rates is relentless - and accelerating Spot pricing has surged even higher, propelled by carrier rate hikes and China congestion fallout.
Shippers, brokers square off over ocean carrier tariff prices U.S. food trade group tells maritime regulators that carrier profits do not justify added fees.
Canadian pipeline operators propose carbon transportation, sequestration network Two of Canada's largest pipeline operators are partnering to develop a network of infrastructure to carry and sequester carbon emissions in Alberta as early as 2025.
TENDER DATA: Lebanese ministry seeks two 30,000 mt LSFO cargoes Buyer: The Lebanese Republic Ministry of Energy and Water Specs & quantity: Two 30,000-mt cargoes of Heavy Fuel Oil Grade (A), or 1% LSFO.
TENDER DATA: Ecopetrol offers fuel oil for June 17-19 loading Seller: Ecopetrol Country: Colombia
Tallgrass announces Pony Express open season to move crude Tallgrass Energy said it announced a new open season to move crude oil on its Pony Express pipeline system from the Guernsey hub in Wyoming more than 150 miles to Sterling, Colorado.
Major utilities call for 'prompt and strong' revision of EU carbon market Leaders from a group of seven European utilities have called for a prompt and robust revision of the EU Emissions Trading System as the center point of the European Commissions "Fit for 55" package of climate proposals due in July.
Chile's Magallanes region adds second green hydrogen project US and Austrian companies have joined forces to develop a second renewable hydrogen project in Chile's Magallanes region, the Chilean government announced June 16.
ARA diesel, gasoil stocks rise 12% on week to 2.393 mil mt, despite wider destocking Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp, or ARA, trading hub rose 12% on the week to 2.393 million mt in the week to June 17, according to Insights Global data, despite diesel traders reporting destocking ahead of the quarter end and as road fuel consumption rises.
European refiners face margin headwinds over lagging jet, gasoil recovery European refiners are facing further downward pressure on margins in the near term as middle-distillate cracks continue to suffer from the pandemic-hit aviation sector and congested global supply lines dent diesel and gasoil demand, according to analysts and refining industry players.
OIL FUTURES: Crude slides nearly 2% as US dollar tests two-month highs An overnight crude price slide accelerated in US trading June 17 as the US dollar tested two-month highs on the heels of a hawkish Federal Reserve Open Markets Committee meeting June 16.
ARA fuel oil stocks up 13% on week at 1.486 million mt: Insights Global The increase in fuel oil inventory levels was mainly due to unfavorable economics for sending product -- mostly 0.5% sulfur marine fuel -- eastward.
ITALY DATA: May product demand rebounds on year, down 13% versus May 2019: Unem **May fuel demand jumps 49% on year **Weak general demand still affecting products
SAUDI DATA: April crude exports fall to lowest since June 2020: JODI **Supply to market fell to 8.110 mil b/d in April **Volumes will rebound with unwinding of extra output cut
Kuwait dust storms triggers tanker congestion at ports **Tanker congestion at 9.1 days, from 1.6 days **Aviation sector not affected
Angolan August crude loadings set to rise 154,839 b/d: Sonangol Angolan crude output has been on a downward trajectory recently because of technical and operational problems at some fields, aggravated by a lack of upstream investment and incentives.
Hydrogen fuel cells to compete with diesel truck engines by 2030: Cummins **Hydrogen truck total cost of ownership falling **Policies, incentives vital for energy transition
RUSSIA DATA: Novorossiisk, Primorsk Jan-Apr throughput down 19% on year **Crude volume down 31% on OPEC+ agreement **Dry cargo up 2% amid rising metals prices
Russia's government mulls redirecting diesel exports for covering domestic use **Talks about gasoline, naphtha export ban resurface **Duma approves damping mechanism changes
China's private refiners receive first FO cargoes after new consumption tax **Private sector to switch feedstock amid consumption tax on bitumen blend **Fuel oil could currently trade at $70/mt premium to MOPS assessment: source
Consolidation key to tankers meeting climate goals: International Seaways CEO **Bigger players needed to handle complex future **H2 2021 should see higher rates
OIL FUTURES: Crude down slightly on overall bearish market sentiment Expectations of Iranian oil returning weigh on oil complex.
EU needs higher carbon prices to reach net-zero: FT Summit participants **Researcher claims Eur100/mt price needed **Rising price to make CBAM introduction 'more pressing'
FEATURE: Singapore bunker market volumes remain resilient despite hurdles **Steady stream of inquiries' in June **Barging spreads under some pressure
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