IMO's rules on carbon reduction in ships by 2023 seen making hiring vessels challenging
Suez Canal records third-highest revenue in 2020
Provision for verification of the exporters declaration (self certification basis) on the Rules of Origin under GSP Scheme-amendment in Para 2.104 (e) of handbook of Procedures, 2015-2020
Soybean meal exports up six-fold in Jan.
DP World Cochin celebrates 10 years of excellence
DPT becomes first Major Port to cross 100 mt throughput this fiscal
DPT Board meeting discusses key issues
Expansion of Sohar Port being planned
Pradeep Kumar Jittuka assumes additional charge as Chief Vigilance Officer, Chennai Port Trust
Forwarding industry progress in digital freight sales slow, concentrated: Survey
Höegh Autoliners provides fast & innovative solution for large break-bulk shipment
Phase I of Sankrail Freight Terminal in West Bengal inaugurated
sKart Global Express launches its first depot in collaboration with SpiceJet
Outlook for Asian shipyards boosted
Samsara Group inaugurates state-of-the-art ISO Tank Container & Road Tanker Cleaning Depot near Nhava Sheva Port
Newport News awarded $3 billion CVN 74 refueling contract. Huntington Ingalls Industries' Newport News Shipbuilding Division, Newport News, Va., has been awarded a $2,994,237,224 cost-plus-incentive fee contract for the USS John C. Stennis (CVN 74) Refueling Complex Overhaul. This effort will
Alumnus appointed master of Maine Maritime training ship Maine Maritime Academy (MMA), Castine, Me. has a hired alumnus Captain Gordon "Mac" MacArthur to serve as master aboard the academy's training ship State of Maine. With over thirty years of experience
WingGD broadens X72DF choices Winterthur Gas & Diesel (WinGD) is now offering four versions of its X72DF dual-fuel engine platform. The X72DF is WinGD's best-selling engine. Particularly successful in newbuild LNG carriers, it is also applicable
Jensen Maritime now integrated into Crowley Engineering Services Looking to bring the complete range of its services to maritime clients seeking design-build-operate solutions, Crowley Maritime Corporation has now fully integrated its Jensen Maritime unit into the Crowley Engineering Services group.
JAX LNG and TOTE notch up an LNG bunkering first JAX LNG and TOTE Services recently completed their first ship-to-ship liquefied natural gas (LNG) bunkering of a foreign-flagged vessel at the Jacksonville Port Authority (JAXPORT). Crews loaded 1,800 cu.m (about 450,000 gallons)
Siem Offshore books another offshore wind contract Kristiansand, Norway, headquartered Siem Offshore and Seaway 7, the renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East. The project will
Cook Islands flag cancels Iranian-linked tankers Registry first shown satellite images last October of cargoes being loaded at Iran terminals while vessel-tracking transponders switched off. Tanzania...
Oldendorff actively tests solutions in decarbonisation drive The German company says it will not be placing any newbuilding orders until a clear picture emerges of which future...
It's time to bring some humanity to shipping It's all very well investing in digital technologies and decarbonisation initiatives. But what about the men and women who work...
Club hopping not happening as renewal round closes 'Based on what I'm seeing and hearing in the market, the number of owners actually changing clubs this year is...
The Lloyd's List Podcast: Everything you always wanted to know about P&I, but were afraid to ask Ahead of the P&I renewals deadline we have been speaking to both sides of the annual battle. Clubs are seeking...
Tanker profits vanish for Frontline and Scorpio Tankers Two leading listed tanker companies report they are struggling to earn rates that cover cash breakeven costs against the backdrop...
Shippers face long haul before goods flow freely again Low inventory levels mean demand is set to remain high. But the impact of the lockdowns on productivity means it...
Oldendorff says family business gives it the edge as it turns 100 Chairman Henning Oldendorff says the company has been profitable for the past 14 years, despite some difficult times for the...
Daily Briefing Free to read: Is shipping ready to follow Maersk's carbon neutral lead? | Christian Ingerslev interview | Box tonnage providers return...
Yangzijiang buys neigbouring equipment supplier The acquisition is being funded through internal resources as Yangzijiang widens its base of related companies
All eyes turn to timing of tanker rate resurrection Crude and product tanker rates are bouncing along the bottom. As one analyst put it, "There's only one way to go from here."
260 containers lost, 65 damaged in Maersk Eindhoven at-sea mishap More than 2,900 containers have gone overboard just since the end of November.
Exclusive: UPS pilots try rapid COVID test to avoid Hong Kong quarantines Air crews don't like flying to Hong Kong these days because COVID testing there is invasive and they could end up in mass quarantine facilities....
Wasp warning for Aussie aircraft operators: Check for mud Mud dauber wasps in Australia are setting up home inside pieces of sensitive aircraft equipment. It's more than a nuisance. It could be dangerous.
Hapag-Lloyd CEO: COVID, congestion, container shortage form 'perfect storm' "We have really a perfect storm of demand that's surging like there's no tomorrow, everybody needing to get the boxes back, COVID-related restrictions," says Hapag-Lloyd...
SINGAPORE DATA: Residue stocks fall 7.74% to 19.38 mil barrels on higher fuel oil exports Singapore's commercial onshore residue stocks declined 7.74% to 19.379 million barrels, or 3.05 million mt, in the week to Feb. 17 from a week earlier amid a pickup in fuel oil exports over the same period, Enterprise Singapore data showed Feb. 18.
ARA diesel, gasoil stocks fall 3.7% on week to 2.6 mil mt on US product pull: Insights Global Stocks of diesel and gasoil in the Amsterdam-Rotterdam-Antwerp hub fell 3.7% to 2.57 million mt in the week to Feb. 18, according to Insights Global data, as an open arbitrage to the US in the first half of the week saw a flurry of trans-Atlantic cargo fixtures.
Low demand for Latin American refined products offsets USGC outages: sources Pandemic-induced low demand for refined products throughout Latin America helped the region ignore refinery outages so far this week on the US Gulf Coast, its largest source of supply, sources said Feb. 19.
Argentina's Vaca Muerta fracking activity hits 17-month high in January Fracking activity in Vaca Muerta, Argentina shot up in January to its highest level in 17 months, according to data released Feb. 3, as demand recovers from an eight-month lockdown for the coronavirus pandemic and pricing incentives spur drilling for natural gas.
NWE 1% fuel oil prompt backwardation weakens significantly The backwardation between the front-month 1% sulfur FOB Northwest Europe fuel oil cargo market and the second month has narrowed significantly over the last week, amid softening demand for arbitrage deliveries eastward.
Bunkerworld Index: Prices rise further with crude after cold Texas weather The S&P Global Platts Bunkerworld Index extended its recent rise this week as cold temperatures in Texas hit production of refined oil products, though analysts expect sentiment to soften in the coming week.
VLSFO prices fall in Fujairah as US-Iran relations thaw Delivered marine fuel 0.5% sulfur prices in Fujairah fell more than $10/mt on news that US President Joe Biden's administration was rescinding the re-imposition of UN sanctions on Iran last September by the Trump administration.
IEnova says to start commercial operations of four refined products terminals in 2021 IEnova is planning to bring six infrastructure projects into commercial operation in 2021, including four refined products terminals, for which it has a total budget of $650 million this year, executives said Feb. 19
Brazil to cut all federal taxes on diesel for 2 months: Bolsonaro Brazil will cut federal taxes on diesel to zero for two months starting March 1 amid an ongoing debate over domestic diesel and gasoline prices that could lead to changes at the state-led oil company Petrobras, President Jair Bolsonaro said in his weekly webcast Feb. 18.
ARA fuel oil stocks edge lower on week to 1.658 mil mt: Insights Global Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp region, as measured by Insights Global, edged 1.1% lower to 1.658 million mt in the week to Feb. 17, following an 18% rise the previous week.
Counter-seasonal US crude draw extends amid stronger exports, refinery utilization Counter-seasonal US crude oil inventory declines extended in the week ended Jan. 29 as exports pushed to four-week highs, US Energy Information Administration data showed Feb. 3.
Winter blast cripples production, processing capacity, refineries across Texas The record-low temperatures sprawled across the Central and Southern US over the past week not only lead to large-scale production freeze-offs at wellheads, but also exposed the threat bitter cold has on natural gas processing plants and oil refineries.
RINs spike amid gasoline, ULSD import bookings Prices for renewable identification numbers, or RINs, spiked during morning trading Feb. 19 amid talk of gasoline and diesel imports into the US to cover shortages due to Gulf Coast refining capacity that was knocked offline by recent winter weather.
USGC diesel market surges in winter storm aftermath US Gulf Coast diesel prices pushed higher again Feb. 19 as the market continued to deal with tight supply and logistic constraints after a winter storm earlier in the week.
OIL FUTURES: Crude slide extends amid return of Texas output, thawing US-Iran relations Crude oil price declines continued Feb. 19 as the market eyed rising supply outlooks amid the restart of Texas production and easing US-Iran tensions.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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