Sensor fusion makes situational awareness data more certain, actionable SPONSORED CONTENT: From the wheelhouse of nearly any commercial surface vessel, mariners must interpret multiple sources of data about their surrounding marine domain. In addition to using their natural senses, they understand
NYK Line opts for WinGD hybrid solutions for car carrier quartet Engine developer WinGD is making its debut in the hybrid sector. Four newbuild car carriers ordered by Japan's NYK Line will feature an integrated hybrid power solution that will help dramatically cut
Fourth mariner credential scammer heads for slammer Lamont Godfrey, 43, of Virginia Beach, Va., was sentenced to 45 months in prison, August 16, for mail fraud, wire fraud, and aggravated identity theft. Godfrey became the fourth person to receive
Conrad delivers first of four McDonough spud barges Morgan City, La., headquartered Conrad Shipyard reports that its Deepwater South facility in Amelia, La., has delivered the first of four ABS classed spud barges to McDonough Marine Service, headquartered in Metairie,
Weekly Briefing: Box capacity cheaper to buy than rent | Capes eye $50,000 per day | Tankers down, but not out Containership capacity may be in short supply but with charter rates skyrocketing and periods lengthening, it is cheaper to buy...
Supply chains in the grip of congestion virus How long will the Ningbo closure last? Plus: LA's exports in freefall, and why co-operation between carriers and angry US...
Boxes on bulkers? Yes with reservations, say safety experts Drawbacks highlighted include lack of securing mechanisms, crews not trained in container handling, increased chance of container damage and weather...
Seafarer dies from coronavirus on Greek-owned bulker The Panama-flagged bulker left Australia in mid-June and stopped in Singapore, India and Sri Lanka, before arriving in Brazilian anchorage...
Carriers will seek higher contract rates to extend profitability The surge in carrier profitability has been based on high spot freight rates boom this year. A key test will...
Diana $15m share offer is 100% oversubscribed According to a preliminary count by the depositary for the offer, Computershare Trust, a total of more than 6.3m shares...
SFL ups dual-fuel car carrier orders to four SFL has ordered two more sister vessels to be chartered by a leading Asia-based transportation company and scheduled for delivery...
Freight rate boost takes Zim to record earnings Zim has seen volumes rise well above the market average. With average freight rates doubling in the past year, the...
Wallenius Wilhelmsen back to pre-coronavirus earnings Wallenius Wilhelmsen said its adjusted earnings have returned to pre-pandemic levels, with shipping revenue up 22% in the second quarter...
Congestion worsens as Ningbo terminal remains shut The port has conducted the third round of swab tests for people in the affected area. This is normally the...
DHL boosts ocean volumes with Hillebrand deal Consolidation in the freight forwarding sector is increasing. DHL's Global Forwarding business is buying tank container specialist Hillebrand in a...
US needs national containerised export strategy as numbers keep falling The port's July 2021 loaded imports increased 2.9%, loaded exports decreased 27.6% becoming the port's lowest number of export containers...
Norden boosted by bulker strength Danish owner and operator says it has achieved its best quarterly result in six years and is on track to...
MISC backs BCG digital endeavour The Singapore-based ventures will be key drivers for the smart ship, which leverages automation and assistive technologies to ensure safety...
Samsung Heavy to raise over $1bn via share issue Proceeds will be used to pay debts and support its development of eco-design vessels
Daily Briefing MSC's secondhand spree tops $2bn | Shipping to shrink 'outdated and misleading' High Risk Area | Taliban's rise in Afghanistan...
US Gulf ports to offer liquefied natural gas fueling option for ships New Orleans and Galveston, Texas, will offer liquefied natural gas fueling services for marine vessels by 2022 and the end of 2021, respectively.
Supply chain 'anarchy' is gold mine for ocean carriers like ZIM Ocean carrier ZIM now expects to earn $4.8 billion-$5.2 billion this year - five times what it earned in 2020.
Crude price slide extends for fifth day after surprise US gasoline build Concerns surrounding delta variant spread could limit near-term energy demand growth.
JAPAN DATA: Aug. 8-14 LSFO domestic shipments at lowest in 36 weeks as power demand plunges **Estimated LSFO shipments plunge 63% on week to 189,813 barrels **Estimated HSFO shipments also drop 41% on week to 605,545 barrels
Trafigura's TFG Marine launches Antwerp bunkering operations In Antwerp, TFG Marine will have several barges with the aim of providing 100,000 mt/year of marine fuel across all of the ports in the wider Amsterdam-Rotterdam-Antwerp region. This is likely to increase as ports mandates the use of mass flow meters, a company spokeswoman said late Aug. 17.
CHINA DATA: Jan-July key oil products exports hit 29 mil mt, leaving 7.5 mil mt quota for Aug-Dec Data released by the General Administration of Customs on Aug. 18 showed that, despite a significant fall in July, China's key oil products exports rose marginally by 0.3% year on year in the first seven months.
OIL FUTURES: Brent crude finds floor on US stocks data The data provided a floor to prices, as the market continues to mull over the impact of the delta variant of coronavirus on longer-term demand outlooks, sources said.
FUJAIRAH DATA: Oil product stocks gain led by surge in middle distillates **Heavy distillates fall to 4-month low **Bunker supplies 'tight': trader
Demand for bunker fuel in Bangladesh weakens amid high prices, bad weather **Chittagong OPL bunker deliveries part suspended **Demand expected to rise in September
HONG KONG DATA: June fuel oil imports rise 41% on year to 2.18 mil barrels The Hong Kong bunker industry saw a slight increase in demand after the government dropped its requirement for ships calling at its ports without loading or discharging cargo to complete 14 days quarantine.
Singapore delivered LSMGO discount widens to near 4-year high Trading sources have attributed the widening discount to a shift in demand from MGO 0.5%S to LSMGO 0.1%S, as well as attractive offers by suppliers in an effort to capture demand.
Thin supply lifts HSFO swap prompt structure, spread to Rotterdam Sources said the fire at a crude unit and a prevailing thin supply in the market supported the rise in the spread.
Delivered high sulfur bunker demand shifts to Singapore amid tight supply in Fujairah "The tight availability at Fujairah has forced quite a few oil tankers to shift to Singapore to bunker, while en route to North Asia," a trader said.
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