NTSB reports on expensive collision between two anchored ships The National Transportation Safety Board has issued its report on a May 8, 2020, incident in which, at about 4.55 p.m. local time, the anchored general cargo vessel Nomadic Milde collided with
Mass Maritime now delivering training to wind farm construction personnel With three offshore wind farms set to be built in the Atlantic Ocean approximately 20 miles south of Nantucket and Martha's Vineyard, training for the personnel who will construct them is critical.
MAN books 40 orders for new ME-GA engine MAN Energy Solutions reports that it has landed 40 orders for its latest dual fuel engine, the MAN B&W ME-GA, since its market unveiling in March 2021. The company attributes the order
AAM launches America's first hydrogen fuel cell ferry All American Marine Inc. (AAM), Bellingham, Wash., and vessel owner SWITCH Maritime report that the 70-foot, 75-passenger hydrogen fuel cell powered ferry Sea Change has been launched and has started operational trials.
West of England P&I paid abandoned crew on Iran-linked blacklisted tanker US sanctioned the Liberia-flagged very large crude carrier Oman Pride four weeks after its crew abandonment case was resolved
FSL Trust buys first ship in six years Singapore-based owner departs from preference for more fuel-efficient tonnage to service strategic relationship with charter of another seven of its...
Russian container market bounces back in first half, says Global Ports 'We have successfully protected our terminals' container market share in both key basins and taken required steps to capitalise on...
No alternative to LNG as transition fuel, says V.Group Critics of LNG dismiss it as another fossil fuel. However, unlike ammonia or hydrogen it is available, its qualities are...
Zim looks to first acquisitions to secure growth With its debts paid down and profits soaring, Zim is looking to expand in a remarkable turnaround for the company...
UECC launches battery-hybrid car carrier United European Car Carriers has launched the second of three LNG-powered battery-hybrid car carriers. It said its newbuild programme was...
Grindrod picks up ultramax with Japanese financing The company will bareboat charter back the vessel for a period of up to 15 years as it signs financing...
Maersk takes lead in race to scale green methanol Maersk has secured sufficient supplies of e-methanol to fuel its first dual-fuel feeder by 2023, but the race to scale...
Odfjell says chemical tanker market remains challenging Norwegian chemical tanker and terminals operator is optimistic that demand will pick up again as we enter 2022
Frontline appoints Barstad as chief executive Mr Barstad, who assumes his role on September 1, says he will be working to position the company for what...
Samsung Heavy wins class approval for ammonia-ready tanker design Norwegian classification society DNV has granted the approval in principle to the design
Petronas delivers first carbon-neutral LNG cargo Estimated lifecycle carbon footprint of the LNG cargo was offset through renewables-based carbon credits, certified through a rigorous verification process...
MR trades bullish in Asia-Pacific but continue to struggle in Atlantic Pacific medium range tanker rates remain bullish on increased long-haul arbitrage cargoes, Indonesian export tax on palm oil and tightening...
Daily Briefing Congestion worsens as Ningbo terminal remains shut | Carriers will seek higher contract rates to extend profitability | Boxes on...
Blocked Ningbo terminal begins to handle vessels at berth Move comes after no positive results have been detected from all three rounds of swab tests for people in the...
Forwarder JAS Worldwide announces 4th acquisition in past year Freight forwarder JAS Worldwide announced it has entered into a share purchase agreement with forwarding, logistics and supply chain management provider Greencarrier Freight Services International.
Viewpoint: 2021 is the year of the freight service embargo You can't blame carriers for refusing to stick by a handshake agreement to sell service at pre-negotiated rates or at a discount.
Crude slide extends for sixth day as market eyes hawkish Fed, demand concerns Nationwide gasoline inventories unexpectedly climbed in the week ended Aug. 13.
Port of New Orleans, CLEANCOR eye LNG bunker partnership The port will provide CLEANCOR with data, logistics expertise, customer contacts, as well as introductions and marketing support.
Platts proposes changing MOC timings for European bunker assessments for eWindow launch Following the eWindow launch in this market on Oct. 14, participants in the Platts MOC process will be able to submit bids and offers for publication directly through the eWindow software or through an editor, who would then publish bids and offers using the software.
SAUDI DATA: Crude exports for second month in June as output cuts unwind **Refined product exports highest since May 2020 **Kingdom unwinding extra output cuts
REFINERY NEWS: Works underway at ExxonMobil's Antwerp: sources Works started around mid-August and were expected to be completed by the end of the month.
Global weekly mobility slips as Japan curbs deepen gloom over oil demand recovery **China, Japan demand hit by delta outbreaks **But India, Germany, UK continue to recover
Blue hydrogen stirs debate as chair of UK lobby group resigns over skepticism **Blue hydrogen 'at best expensive distraction' **UK pursuing both green and blue hydrogen plans
Platts to discontinue European LSFO bunker assessments from Oct. 6
Vietnam may need to export more crude, slash fuel imports as unwanted oil stocks pile up Domestic fuel consumption has tumbled in recent months amid a resurgence in COVID-19 cases.
OIL FUTURES: Crude drops $2/b on US gasoline demand U-turn US gasoline inventories unexpectedly climbed in the week ended Aug. 13, US Energy Information Administration data showed Aug. 18, amid a continued slowdown in demand.
Maersk secures renewable-sourced methanol supply for shipping **Conventionally produced methanol currently 109% dearer than fuel oil **New partnership could be blueprint for scalability
China's Sinochem to start bunker supply at Zhoushan by end-Sep: sources **Sinochem got bunker supplier license in late June **Competition among suppliers expected to heat up
RoRo shipper Wallenius points to jagged COVID-19 recovery **Gasoline crack rangebound through Q2 **US, European Q3-Q4 curve backwardated
Tightening MF 0.5%S supply in S Korea sees delivered spread from Singapore improve October is also expected to see lesser marine fuel 0.5%S production from the country's biggest refiner, SK Energy.
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