Royal Caribbean gets CDC approval for test cruises Shares in Royal Caribbean Group (NYSE: RCL) were up sharply today on news that the U.S. Centers for Disease Control and Prevention has given the group its first green light for test
Bulker owners increasingly opt for ME-GI engines As more owners come to the conclusion that LNG, or at least LNG-ready, is the most future-proof option for newbuildings ordered today, sales of MAN B&W ME-GI engines are steadily increasing. In
Reygar aims for role in offshore wind surveys The siting and construction of offshore wind farms and associated seabed infrastructure requires accurate mapping of wide areas of the ocean floor. This typically becomes more challenging and costly with each mile
Tufton to retrofit bulker with Anemoi rotor sails An 82,000 dwt Kamsarmax bulk carrier is to be retrofitted with three Anemoi Marine Technologies Ltd. rotor sails, under what is described as "a commercial agreement" signed by Anemoi and TR Lady
Signal Maritime launches new MR tanker pool The MR pool aims to combine 'shipping best practices with internet-age advanced analytics' to produce superior results for member vessels
Suez Canal Authority says one person died during Ever Given salvage 'The shipowning company did not show the due recognition deserved, which did not reflect an understanding of the huge losses...
Shell given court order to cut emissions by 45% by 2030 Dutch court rules that Shell must reduce its CO2 emissions by 45% by 2030, compared with the company's target to...
Reporting of cyber crime against shipping is 'virtually non-existent' Cyber crime is one of the biggest threats to shipping's security, but incidents are seldom reported. It is often unclear...
Momentum builds in US offshore wind sector Excitement is building in the space, not just in the US, but globally, judging by the reaction and participation in...
X-Press Pearl insurers braced for total loss and pollution payout There are mounting fears of an environmental disaster as debris from the fire-stricken ship begins to wash up on beaches...
Coronavirus cases reported on valemax off Brazil While one crew member remains in intensive care, the others are in isolation on board the 2012-built very large ore...
Darwin Port development weighed down by political slant, says operator Uncertainties have cast a shadow over Landbridge's commitment to invest $155m over the next 20 years to expand the port's...
Abu Dhabi set for $1bn green ammonia facility Helios Industry will invest more than $1bn to build a green ammonia facility at Khalifa Industrial Zone Abu Dhabi, which...
Australia - a driving force for IMO reform As a founding member of the IMO, Australia will continue to champion organisational reform to strengthen the institution, while making...
Constantinos Angelopoulos, shipowner and industrialist, dies at 75 'Constantinos was dear to all of us and distinguished himself in both shipping and the wider business sector,' said Theodore...
VLCC orders push newbuilding crude tanker activity 47.7% higher Steel accounts for 40% of shipbuilding cost, with slots to build tankers becoming scarce as containership orders rise
Daily Briefing Free to read: China's signal to speculators may well support dry bulk freight rates | China and US 'lead tanker...
HMM to develop ammonia fuel supply chain for shipping Part of the plan is for KSOE to develop an ammonia-powered ship to be certified by the Korean Register, while...
Sailing oceans blue with green ammonia? After an 85% revenue jump, the South Korean carrier turns its attention to meeting its carbon neutrality target.
California's massive container-ship traffic jam is still really jammed Ships at anchor are unlikely to clear by peak season. Congestion is forcing wide-scale voyage cancellations.
Port of Savannah year-over-year container volume up 38% "Demand for products and services both domestically and abroad is driving significant gains in Georgia's cargo volumes," says Executive Director Griff Lynch.
Hapag-Lloyd raises box order to 'counteract the container shortage' "The supply of container equipment is currently one of our industry's biggest challenges," says Hapag-Lloyd CEO Rolf Habben Jansen.
DHL Express to launch new cargo airline in Europe Big integrated parcel carriers are constantly adding aircraft to their fleet, but that expansion is going even faster to keep up with e-commerce. DHL Express...
RBOB climbs as US gasoline demand tests fresh 14-month highs Market expectations of bullish summer demand outlooks driven by widespread vaccinations rates across US.
TRADER NOTE: Yongje Choi to head Oilmar Shipping new Seoul bunker trading office
Sri Lanka Hambantota port to set up marine fuel testing lab In a virtual ceremony, HIP signed a 10-year partnership agreement with Intertek Lanka. Intertek lab will provide assurance, testing, inspection and certification services.
INTERVIEW: Oman oil minister sees no competition between Murban futures, DME Oman
Iranian crude moving towards the light, in quality shift on Chinese preferences: sources
REFINERY NEWS: India's east coast refineries unaffected by cyclone Yaas
Europe's biggest blue ammonia project enters concept study phase **Barents Blue project completes feasibility study **Equinor-backed project to produce 1 million mt/year of ammonia **Interest in ammonia growing as long-haul transport fuel
OIL FUTURES: Crude stable amid hopes of strong US demand revival Hopes for demand recovery amid doubts about a US-Iran deal.
FUJAIRAH DATA: Oil product stocks drop to six-week low as exports pick up **Product exports head for best month since Feb **Middle distillates stocks at four-week low **India cutting back refinery run rates
REFINERY NEWS ROUNDUP: Several refineries in Africa remain offline A number of refineries in Africa have been offline, either following maintenance as Zambia's Indeni, or due to a lack of crude supply as Ghana's Tema.
OPEC+ should consider Iran's potential oil output hike: Novak **Iran deal on oil sanctions relief set to be finalized in May **OPEC+ meets next week to weigh in on easing quotas **Global oil supply deficit stands at 1 mil b/d
Hapag-Lloyd orders 60,000 TEU of containers amid soaring freight rates **Hapag-Lloyd's ordered total rises to 210,000 TEU **Fears of regional balances persist **S&P Global Platts Container Index more than quadrupled on year
JAPAN DATA: Oil product output rises 1% on week over May 16-22 High sulfur fuel oil output fell 11.3% to 1.29 million barrels.
JAPAN DATA: May 16-22 oil product exports surge 26% to 1.99 million barrels Low sulfur fuel oil, or LSFO, exports retreated 17.8% on the week to 312,173 barrels in the week ended May 22.
JAPAN DATA: May 22 oil product stocks inch higher on week to 66.03 mil barrels Light distillate stocks increased 4% week on week to 22.52 million barrels May 22.
UAE to build $1 billion green ammonia facility in clean energy push **Facility to produce 200,000 mt of green ammonia **To be powered by 800 MW solar power plant **UAE investing in green and blue ammonia projects
Private finance has work to do on ESG: S&P Global Sustainability1 **Private funds still seeking guarantees **Asset-backed securities evolving **Strong consensus on carbon pricing
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