USACE awards $8.9 million deck barge contract Sterling Shipyard LP, Port Naches, Texas, has been awarded an $8,980,400 firm-fixed-price contract for services to build, test, and deliver a new deck barge that will be paired with a government purchased
Thome invests in Kongsberg Digital full mission bridge simulator Now in operation at the Thome Group's Makati City facility in the Philippines' Metro Manila region, a new full mission navigation bridge simulator with a 320° view was formally opened, following all
VIDEO: Incat Tasmania's latest fast ferry sets sail for Port of Spain Following completion of sea trials, Australian shipbuilder Incat Tasmania's latest delivery, the 100 meter catamaran fast ferry Buccoo Reef, departed Hobart for Port of Spain yesterday. The delivery voyage to Trindad and
Seafarers on hunger strike hospitalized in Kuwait Indian, Turkish, Azerbaijaniani and Bangladeshi seafarers are in the third week of a hunger strike in the port of Shuaiba, Kuwait, reports the International Transport Workers Federation. The abandoned crew of the
Wing sail system wins DNV GL Approval in Principle DNV GL has awarded an Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a wing-sail auxiliary propulsion system for ships that is the result of a joint research
Inmarsat marks a Fleet Xpress milestone and launches a data academy In yet another sign of shipping's insatiable appetite for data, Inmarsat has completed the 10,000th ship installation of its Fleet Xpress maritime broadband solution. Simultaneously it has launched a new "Fleet Data
No hiding place for flags that don't pull their weight The idea of 'flag blindness' is not yet tenable. To extend the ophthalmic metaphor, a once-a-year visit to the opticians...
The week in charts: Freight derivative trading at 12-year high and tanker scrapping rebound The appetite for tanker and dry bulk forward freight agreements has risen significantly off the back of geopolitical uncertainty and...
World boxship fleet update: New orders emerge at end of extraordinary year While the world boxship fleet grew little in 2020, new orders in the final days of the year are unlikely...
Vale says no impact to monthly shipments after Ponta da Madeira fire Shipping activities expected to resume in coming days using a second shiploader at the southern berth of pier 4 where...
Shell, Mitsubishi and Vattenfall to produce green hydrogen The partners hope the plant located next to Hamburg's container terminal could be producing up 100 MW of green hydrogen...
High box spot rates show little sign of weakening With supply chain bottlenecks still to be alleviated and demand unrelenting, east-west rates continue to demand a premium. The post-Chinese...
Daily Briefing Free to read: Tighter emission requirements drive up demand for fuel-saving equipment | Tanker scrapping to rebound from 23-year low...
LNG trade needs greater liquidity to counter volatility LNG demand is predominantly still tied to power generation, which subjects trade in the commodity to the vagaries of the...
The Lloyd's List Podcast: What are the shipping market tipping points for 2021? With the help of BIMCO's chief shipping analyst Peter Sand we're taking a quick run through the key tipping points...
DB Schenker lifts pause on truck trips to UK There's a steep learning curve for importers and exporters now that the U.K. is no longer part of the European Union. Botched customs forms are...
OIL FUTURES: RBOB rallies against broader energy complex slide after US gasoline draw An unexpected US gasoline draw supported RBOB futures Jan. 22 while the rest of the oil complex came under pressure from pandemic-related demand concerns and rising US crude supply.
RUSSIA DATA: December fuel oil exports up 6.8% on year to 3.081 mil mt Russian fuel oil exports increased by 6.8% year on year to 3.081 million mt in December, according to data released Jan. 22 by the Central Dispatching Unit, the statistical arm of the energy ministry.
INE completes first physical VLSFO overseas delivery in Singapore Shanghai International Exchange, or INE, completed the first physical delivery outside of China against its tax-free very low sulfur bunker fuel oil futures on Jan. 19-21 in Singapore, it said Jan. 22.
European 0.5%S marine fuel strengthens on eastern arb pull Very low sulfur fuel oil in Europe has strengthened steadily in recent weeks, supported largely by a pull eastward to Singapore and the surrounding region while domestic availability remained constrained on months of refinery run cuts.
Bunkerworld Index: Prices waver as lockdowns intensify Bunker prices faltered during the week beginning Jan. 18 as bearish pressures in the wider oil complex outweighed instances of bullish sentiment in marine fuel markets, a pattern some analysts suggest could continue in the near-term.
TENDER DATA: Thailand's PTTGC sells IMO-compliant fuel oil for H1 Feb loading The company last sold 35,000 mt of IMO 2020-compliant fuel oil with minimum 100-380 CST viscosity for Jan. 16-18 loading from its Map Ta Phut refinery, at a discount of around $3/mt to Mean of Platts Singapore Marine Fuel 0.5%S assessments, S&P Global Platts reported earlier.
SINGAPORE DATA: Residue stocks inch 1.3% lower on week as fuel oil imports fall Singapore's commercial onshore residue stocks edged 1.37% lower on the week to 21.999 million barrels, or 3.46 million mt, in the week to Jan. 20 amid a decline in fuel oil imports and a pickup in bunker demand, Enterprise Singapore data showed Jan. 21.
ARA fuel oil stocks rise 21.9% on week to 1.371 mil mt: Insights Global Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp region, as measured by Insights Global, rose 22% to 1.371 million mt in the week to Jan. 20, following a 3% rise the previous week.
CHINA DATA: 2020 fuel oil output surges 37.9% on year to 34 million mt China's fuel oil output in 2020 climbed 37.9% year on year to 34.06 million mt, according to latest data released by the National Bureau of Statistics. Output rose 17% month on month in December to 2.76 million mt, the data showed.
CHINA DATA: 2020 fuel oil exports rise 43% to 15.68 million mt China's fuel oil exports climbed 43% to 15.68 million mt in 2020, and were up 76.1% year on year at 2.47 million mt in December, latest data from the General Administration of Customs showed.
RUSSIA DATA: December fuel oil exports up 6.8% on year to 3.081 mil mt
Bunkerworld Index: Prices waver as lockdowns intensify The BW0.5%S Index ended Jan. 21 at $447/mt, down $4/mt on the day, up $1/mt on the week and $41/mt higher than 30 days previously.
ARA fuel oil stocks rise 21.9% on week to 1.371 mil mt: Insights Global
CHINA DATA: Transport fuel output slides 9% on year to 28.5 mil mt in Dec
INE completes first physical VLSFO overseas delivery in Singapore
CHINA DATA: 2020 fuel oil exports rise 43% to 15.68 million mt
SINGAPORE DATA: Residue stocks inch 1.3% lower on week as fuel oil imports fall
Demand for oil storage seen solid in 2021 amid shifting markets: storage experts
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