Pete Buttigieg: "I support the Jones Act" President Biden's nominee for Secretary of Transportation, Pete Buttigieg, affirmed his support for the Jones Act at his nomination hearing in the Senate today, drawing applause from the Shipbuilders Council of America.
USCG moves ahead on passenger vessel SMS requirement The U.S. Coast Guard is moving forward with plans to require that U.S. flag passenger vessels have Safety Management Systems-structured and documented sets of procedures enabling company and vessel personnel to effectively
Cashman awards design contract for new hopper dredge U.S. dredging contractors continue to expand their fleets. In line with this trend, Cashman Dredging and Marine Contracting Co., LLC of Quincy, Mass.. has executed a contract with IHC America Inc., Houston,
VIDEO: Kitsap Transit takes delivery of first of two BMT-designed cats Recently delivered to Kitsap Transit of Bremerton, Wash., the Enetai is the first of first of two 140-foot (42.6-meter) high speed catamarans built by Nichols Brothers Boat Builders (NBBB), Freeland, Wash., under
World's largest floating wind farm will use Kongsberg Maritime technologies As part of a contract with industrial solutions provider Wood PLC, Kongsberg Maritime is to supply key positioning and monitoring equipment to Equinor's Hywind Tampen floating wind farm. Hywind Tampen is an
MARAD: $19.6 million available in Small Shipyard Grants The U.S. Department of Transportation's Maritime Administration (MARAD) yesterday announced the availability of $19.6 million in Federal funding for U.S. shipyards through the Small Shipyard Grant Program. The grants, which are limited
Lankoloop promises quick and easy towing and mooring connection Maritime ropes manufacturer Lankhorst Ropes has introduced what it says is "the world's easiest and quickest towing and mooring connection." Called Lankoloop, it uses a simple knot and eye connection to complete
OOIL raises $120m to fund newbuilds and containers OOIL says the proceeds will be used to fund vessels under construction, purchase containers or for other possible investments in...
Biden administration challenges global shipping to reduce emissions Fortunately for the global shipping industry, Mr Kerry believes that while governments have an important role to play in galvanising net-zero transitions, "they...
V.Group names OSM's Sprotte to replace Kayser at ship management unit Kofod-Olsen was appointed chief executive at the end of 2020, replacing Graham Westgarth, who moved up to chairman. Earlier this...
Denmark's call to tackle piracy makes little progress Denmark's defence minister has called for international partners to help police the Gulf of Guinea after recent attacks on ships...
Digital focus turns to data access ABB Marine & Ports believes the industry needs to see the bigger picture - the focus on public health and...
Tanker scrapping to rebound from 23-year low More than 90 vessels in excess of 34,000 dwt are forecast for scrapping in 2021, compared with only 25 last...
Tighter emission requirements drive up demand for fuel-saving equipment Inquiries about the company's PBCFs are on the rise. Orders are expected to jump substantially in the next two years
DHT to buy VLCC pair for $136m The company will receive the two DSME 2016-built very large crude carriers during the first half of this year from...
The Alliance suspends AL1 transatlantic loop The AL1 loop, sailing between northern Europe and North America's east coast, will be suspended from the start of the...
Total agrees LNG carrier charter deal with Sovcomflot The French energy major will take in a newbuilding 174,000 cu m liquefied natural gas carrier from Sovcomflot in 2021...
Supply chain chaos rooted in box shipping's contract culture There are few things new in container shipping. Today's problems reflect a long history of both shippers and carriers being...
Bank creditors take shares in Bourbon restructuring The restructuring arrangement reduces Bourbon's debt from more than $3bn to around $1.3bn, putting it back on its keel following...
New dry bulk safety standards issued The DryBMS document was jointly launched by vetting agency RightShip and shipowners association Intercargo and will be governed by a...
Castor acquires first capesize bulker The Petros Panagiotidis-led owner said it had agreed a purchase price of $17.5m for the vessel, but only identified it...
Maersk vessel loses 750 containers overboard Maersk Essen becomes third boxship in two months to lose containers overboard. Customers have been informed and an investigation will...
Daily Briefing Free to read: Freight rates push derivatives trading to 12-year high | Is there still competition in liner shipping? |...
MOL launches start-up fund MOL PLUS aims to generate synergetic effects by combining innovative ideas and technologies from start-ups with the group's resources to...
Rainmaking to expand maritime start-up platform Rainmaking aims to achieve greater collaboration between clients and industry decision makers through its open innovation platform
Tropical storm triggers Port Hedland shutdown The Pilbara Ports Authority has started clearing the anchorages of Port Hedland of large vessels and has directed all ships...
More expensive P&I seen as 'inescapable imperative' 'The board made clear to us, in so far as a general increase is given a nominal value, we are...
Navigator Gas plans first carbon-neutral voyage The company wants to reduce its own emissions, but given the absence of sufficient alternative fuels for deepsea voyages, carbon...
Navios Logistics eyes New York IPO Company says an offering is expected to take place after the US regulator completes its review process, subject to market...
OIL FUTURES: Crude lacks direction amid mixed US supply outlook, pandemic risks Crude futures finished a directionless session mixed Jan. 21 amid expectations of rising US inventories and pandemic-blunted demand outlooks.
Pakistan finds answer in oil as gas shortage hits power sector A sharp squeeze in domestic gas availability and the surge in LNG prices that has pushed up the cost of gas-based power generation have prompted Pakistan to turn to oil for power, a trend that could result in robust fuel oil consumption in coming months, analysts told S&P Global Platts.
Poor weather conditions impact bunker operations at Skaw Weather conditions were impacting some bunker supply operations in Denmark's Skaw region, though the Swedish port of Gothenburg remained open, market sources told S&P Global Platts on Jan. 21.
TENDER DATA: Sri Lanka Ceypetco seeks 30,000 mt of 180 CST fuel oil for mid-Feb Ceypetco procures fuel oil on behalf of West Coast Power Pvt. Ltd. and other local power companies for power generation.
Japan's bunker fuel premiums climb on competing demand from power plants Rising fuel oil demand from North Asia's thermal power plants for heating purposes during a colder-than-expected winter has tightened supply of the fuel in Japan's downstream bunker fuel market, which is expected to keep bunker fuel premiums elevated, market sources said.
Inclement weather impacts Amsterdam-Rotterdam-Antwerp ship operations: sources Ongoing adverse weather in the Amsterdam-Rotterdam-Antwerp region have impacted shipping operations, market sources told S&P Global Platts on Jan. 21.
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