UPDATED: SEACOR Power death toll grows In an update released Friday evening, the Coast Guard reports that divers from Donjon Marine Company who were diving on the capsized Seacor Power lift boat had recovered two more unresponsive people.
GLDD rock installer project moves along Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) has taken another step forward in its plans to build a subsea rock installation vessel to support U.S. offshore wind farm projects. As we
DOT: $1 billion available in RAISE grants U.S. Secretary of Transportation Pete Buttigieg has announced that he U.S. Department of Transportation (DOT) has published a Notice of Funding Opportunity (NOFO) to apply for $1 billion in Fiscal Year (FY)
Brazilian yard starts work on diesel/battery pushboats A new fleet of innovative diesel/battery electric pushboats for Hidrovias do Brasil S.A. has begun at the Belov Engenharia shipyard, in Salvador, Brazil. The vessel are being built to a design from
SAFE Boats delivers first Stormer workboat to U.S. customer Bremerton, Wash., headquartered SAFE Boats International has recently delivered the first workboat built under its license agreement with Dutch shipyard Stormer Marine BV. The boat, a 6.8-meter Porter 68S, delivered in late
Biden administration to seek funding for fifth NSMV As Congress starts in on its annual appropriations process, the Office of Management and Budget has released a preliminary discretionary request that signals some of what will be in the Biden administration's
World Bank calls on policymakers to cut support for LNG bunkering A new report by the World Bank sees only a limited role for LNG as marine fuel as shipping achieves...
Abandoned bulker crew beg for relief The vessel was registered with St Kitts & Nevis at the time of the abandonment, but has been re-flagged with...
TEN hails new charter deals for four LR1s Tsakos is pursuing flexible, long-term contracts and this latest deal reflects "strong industry fundamentals as world economies restart", argues the...
US fails on Iran sanctions enforcement promise as China crude imports escalate China projected to import more than 1m barrels per day of Iranian crude in April, the highest monthly volume since...
The Lloyd's List Podcast: John Angelicoussis - the shipowner's shipowner In a special edition of the Lloyd's List Podcast we discuss the legacy that legendary shipowner John Angelicoussis leaves the...
Suez Canal compensation claim is simply outrageous Egypt is wrong to use the crew of the now world famous ship Ever Given as bargaining chips in the...
Combatting Covid-19 with containers Container shipping can provide a cost-effective way of distributing vaccines to low-income countries. But it will take time to convince...
HMM eyes newbuilding orders with government support HMM's ordering plans come as the South Korean government confirms it is ready to help support domestic owners to build...
India set to increase phosphate imports With phosphate inventories at the lowest level in two years, India's farmers will have a shortfall of some 3m to...
From the News Desk: Ever Given stuck again, in red tape Freeing the Ever Given from the sandy banks of the Suez Canal was a relatively straightforward, if immensely difficult salvage...
US west coast ports and supply chains need 24/7 work week Mr Cordero is highly aware that the 24/7 mentality cannot be limited to the dockworkers or even the port itself...
Navios Acquisition suspends dividend in 'difficult' market Despite 'brighter' signs for the tanker sector, VLCCs are still earning average spot rates below operating costs so Navios is...
Surging imports show importance of global supply chains Chinese manufacturing has stormed ahead while the US has yet to fully recover. That is causing higher levels of imports...
Sanctioned tanker 'fraudulently' registered with Nauru Elderly tanker Angel owned by sanctioned Ukraine company tracked sailing in Mediterranean after transiting Suez Canal a week ago
Daily Briefing Free to read: $3.4trn investment to modernise fleet by 2050, says Stopford | Ever Given casualty places crisis communications under the spotlight |...
Azerbaijan cargo airline debuts at Rickenbacker airport Silkways West Airlines is a large cargo operator out of Azerbaijan. It recently began flying to Columbus, Ohio.
Port of Savannah container moves jumped 48% in March Savannah's record March underscores why it's investing hundreds of millions on new capacity upgrades.
Bunker sales in Panama reach in March their highest level in a year **Sales of marine fuel 0.5%S rise 4.9% on month **A stronger 8.6% jump seen in high sulfur IFO 380
BUNKERWORLD INDEX: Prices off recent lows **High Asian prices thin demand **Gibraltar supply getting tighter **Availability constraints at Panama
OIL FUTURES: Crude higher on positive demand forecasts, robust US, Chinese data "Prices are in good health... We have seen some technical breakouts this week, and crude is most certainly one of them," according to Ole Hansen, Head of Commodities Strategy at Saxo Bank.
Sonangol to buy Puma Energy assets in Angola in $600 mil shareholding swap with Trafigura **Trader Trafigura to control over 90% of Puma Energy **Angola was looking to sell off assets under privatization drive **Trafigura to use funds to pay Puma debt, fund expansion
REFINERY NEWS: Russia's Yanos starts building delayed coker complex **As a result it will fully halt fuel oil output. **Construction is scheduled for completion in 2024.
FEATURE: Bunkering hubs to grow market share as more fuel types emerge **Decarbonization to reinforce bunkering hubs **Alternative fuels bunkering planned in key hubs **Fuel quality, supply chain resilience key for buyers
ARA fuel oil stocks rise 14.9% on week to 1.743 million mt: Insights Global Market participants recently said ample supply of high sulfur fuel oil in Europe, coupled with quiet demand, put pressure on HSFO differentials.
China to increase oil product exports by 31.7% on year in 2021: ETRI **Combined exports to increase to 54.7 million mt **Gasoil demand to drop 0.8% on year from 2020 **8.45 mil mt/year new ethylene capacity expected in 2021
Taiwan's Evergreen weigh options to transfer arrested Ever Given cargo **Cargo, ship insured separately **Indian crew stranded on ship **Ship fully operational
FEATURE: Domestic LSFO production outpaces demand in China's bonded bunker fuel market **Demand falls short of supply **Export quotas fail to stem growth
China's Q1 low sulfur bunker fuel output surges 131% on year to 2.7 mil mt: Longzhong The country's LSFO production capacity has risen around 54% to almost 20 million mt in 2021 from around 13 million mt in 2020, according to Longzhong.
Panama Canal booking tariff hike postponed to June: ACP The ACP said the delay would provide the maritime industry more time to prepare for the change in booking fees
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