X-Press Pearl fire still not under control Sri Lanka TV news channels today showed the nearly new containership X-Press Pearl as still continuing to burn, despite firefighting efforts that are now in their eighth day. Pollution from the 2017-built,
CEO Spotlight: Callan Marine's Maxie McGuire Without dredging, many rivers, harbors, and ports would be impassable to towboats, cargo ships and passenger vessels. Periodic maintenance dredging and channel deepening projects are essential to accommodate these commercial vessels. And
Wärtsilä to develop autonomous, zero emission container shuttle Kicking the container-on-barge concept up several notches, Wärtsilä is to demonstrate a commercially viable autonomous intra-port, inter-terminal container shuttle vessel. The vessel is being developed as part of an EU-funded project led
Gondan launches first CSOV in Edda Wind quartet Spain's Gondan Shipyard has launched the first in the series of four Commissioning Service Operation Vessels (CSOVs) it is building for Edda Wind AS, the offshore wind segment of Norway's Østensjø Group.
Golden Ray: Cutting equipment good to go, but will lugs hold? As they continue to assess the impact of the fire that broke out within the Golden Ray wreck on May 14, responders say the equipment being used to cut up and remove
Alfa Laval BWTS deckhouse solutions win DNV approval DNV has issued Alfa Laval the first design approval for the installation of ballast water treatment systems on the weather deck. The Type Approval design certificate is for the Alfa Laval PureBallast
Kitsap Seeks Deckhands EMPLOYMENT OPPORTUNITY Deckhands Position Summary: Pending board approval on June 1, 2021, we are recruiting for five deckhands to join our team to perform deckhand duties on a small passenger ferry vessel
ClearMetal acquisition brings AI to freight visibility After the supply chain disruptions of the past year, shippers and cargo owners want better information on inventories and lead...
Ethical hacker says ships are wide open to cyber attack Ethical hacker Weston Hecker detailed the increasing risk to ships' operational technology and how basic carelessness leaves many companies vulnerable
DNB warns of high investment risk of ordering ships A new study highlights the financial risks associated with investing in ships given the uncertainties about the industry's long-term regulatory...
Weekly Briefing: Dry bulk heating up | Container fires concern box market | Time to call the bottom of tankers? China is trying to cool an overheating commodity market, but so far there's only upside for bulkers. The container sector...
Frontline signals better times ahead for tanker market The owner of 61 tankers said the 'market should recover firmly' as the global economic rebound led to increased oil...
Samskip expands Amsterdam-Ireland shortsea capacity More customers seek to avoid the post-Brexit 'hassles of UK distribution'. Shortsea service avoids having to use land bridge to...
Call for seafarer mental health database An academic has proposed an anonymous 'seafarer mental health data alliance' to help universities and companies measure and help crews'...
BIMCO's new president pledges to raise shipping's voice As part of efforts to raise public awareness, BIMCO has rolled out its second film in a series featuring the...
Maersk Etienne crew recognised for 'admirable' migrant rescue Update: The product tanker's decision last August to rescue the occupants of a sinking migrant boat in the Mediterranean led...
Maersk seeks contract commitments through flexibility Overbooking and rollovers has been a difficult knot for box shipping to untangle. By committing to mutually binding bookings on...
Southeast Asia ranked the fastest growing LNG market Liquefied natural gas trade flows are changing as import growth rates for the gas in Southeast Asia look set to...
Daily Briefing Free to read: Shell given court order to cut emissions by 45% by 2030 | VLCC orders push newbuilding crude...
Three drill platforms grounded in Indian cyclone According to Lloyd's List Intelligence casualty reports, drill platforms - the 1981-built Aban II, 1983-built Olinda Star and the 1982-built...
US opens federal waters off California to wind The US aims for 30,000 megawatts of offshore wind by 2030, which could spur $12bn in capital investments for projects...
LAX cargo handlers charged with pilfering gold bars from $112M shipment Gold heist at LAX: Airport cargo workers dipped into shipment of gold, took some for themselves and now face 15 years in prison.
NATO withdrawal from Afghanistan could further crimp airfreight supply The U.S. military withdrawal from Afghanistan couldn't be accomplished without massive cargo transport planes. But tapping commercial resources could deprive other companies from using those...
ARA fuel oil stocks relatively stable on week at 1.220 million mt: Insights Global Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp region saw a marginal increase of 0.49% to 1.220 million mt in the week to May 27, according to data from Insights Global, after a 4% drop the previous week.
Weak US Gulf Coast 0.5%S marine fuel demand pushes retail under barges US fuel oil barges rose May 27 on stronger swaps and Brent futures, but physical demand remains weak enough that retail 0.5%S marine fuel is selling well below wholesale.
Big players call for shipping to reach zero emissions by 2050 The shipping industry must reach zero emissions by 2050, double the current industry target, key bunker sector players said in a statement May 27.
Vertex to add renewable diesel production at Shell's Mobile refinery Vertex Energy plans to operate its newly purchased 90,000 b/d Mobile, Alabama, refinery as a conventional plant while adding in a renewable diesel production capability, a spokesman for the company said May 27.
NYMEX WTI hits 2.5-year high as US demand outlooks soar Highest front-month settle for WTI since October 2018.
FEATURE: Bunker industry says unpredictable compliant fuel hampering hedging **Liquidity in 0.5%S fuel oil paper market slowly gaining traction **Variability in 0.5%S fuel oil blendstock makes hedging difficult
Singapore bunkers see muted impact of VPS sediment content alert: sources High TSP in deliveries made by multiple suppliers from April 25-May 19.
Spain to cease upstream oil production in June: Repsol **Three rigs produced 216,000 b/d in Q1 **Climate law to ban new concessions
CEC carbon prices gradually rise in May after limited demand for carbon credits in April Price seen increasing in four big steps during month.
European mobility rebounds to seven-month high as region emerges from lockdowns **Economic mobility approaching post-COVID high **Road fuel demand set for summer demand rebound **Jet outlook strengthens as airline capacity grows
Norway's Frontline expects tanker markets recovery despite Asian COVID-19 concern **Market not out of the woods yet but demand outlook is promising: CEO **Freight rates likely to remain under pressure in Q2, but H2 will be stronger
INTERVIEW: KPI OceanConnect eyes growth as bunker demand set to return: CEO **China's bunker fuel market becoming more competitive **Liquidity pressure to spur industry consolidation globally **IMO 2020 transition paves way to expedite shipping's decarbonization goals
Port of Rotterdam to launch electric container shuttle system amid burgeoning demand Recent increases in demand for container shipping.
Shell vows to fight Dutch court ruling seeking 45% emissions cut by 2030 **Shell told to accelerate emissions cuts in line with IPCC **Shell points to climate strategy, vows to appeal **Ruling adds to pressure on global oil and gas majors
Singapore VLSFO demand for blending components wanes as bunker market stays flat Singapore traders are exploring taking VLCCs on a short-term time charter basis for fuel oil and crude storage in Eastern Hemisphere, a source said.
Singapore 10/500 ppm gasoil spread hits 1-year high as medium sulfur supply lengthens Traders noted that exporters of LCO, such as South Korea, were already increasing medium sulfur gasoil output while trimming LCO production.
Zhoushan Marine Fuel 0.5%S bunker premium to Singapore hits 11-month high Singapore bunker prices were higher than Zhoushan over April 12-May 5 amid fierce competition in Zhoushan.
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