MSC launches new digital solution for processing Bill of Lading online
New partnership to bring all-in-one ocean freight procurement e-solution to shippers
Organic food products exports surge
APSEZ waives handling charges for oxygen-related equipment, Covid-related cargo for three months
JNPT Trade Notice
MoPT to implement increase in Scale of Rates for vessel related charges from May 1
India Inc. working to augment oxygen supply, remove logistics & supply chain bottlenecks
Cabinet approves agreement between India & the Govt of the United Kingdom of Great Britain & Northern Ireland on Customs cooperation & mutual administrative assistance in Customs matters
Minister reviews preparedness of Major Port hospitals for Covid care management
Suez Canal Authority says eager to reach settlement over compensation for blockage
Shearwater Geo swoops on Polarcus six Six of the seven seismic acquisition ships previously operated by Polarcus have been acquired by Bergen, Norway, headquartered Shearwater GeoServices Holding AS. Polarcus went into liquidation after its lenders took possession of
Schottel gives TSHD maximum maneuverability A 1,500-cubic-meter trailing suction hopper dredge (TSHD) under construction by Netherlands-based Kooiman Marine Group will have optimum maneuverability, even in narrow rivers, thanks to a relatively short length of about 75.9 meters
MacGregor introduces next gen deck machinery With experience dating back to 1875 and benefiting from proven Pusnes, Hatlapa and TTS technologies, MacGregor has introduces the next generation of its deck machinery. MacGregor says the new range provides significant
Cruises from U.S. ports could restart in mid-July Cruise lines have been sent a letter by the Centers for Disease Control and Prevention that indicates that cruises from U.S. ports could resume in mid-July, reports USA Today, which has obtained
U.S. Navy vessel fires warning shots at IRGCN fast attack craft Iran's Islamic Revolutionary Guard Corps Navy (IRGCN) continues to engage in potentially dangerous close approaches to U.S. vessels. Within weeks of the April 2 incident in which IRGCN vessels harassed two U.S.
VIDEO: Höegh Autoliners to have ammonia-ready car carrier by 2023 Oslo, Norway, headquartered Höegh Autoliners plans to build a series of ammonia-ready car carriers called the Aurora Class that will not only be the most environmentally friendly ever built, but the largest,
London calling: IPO heralds move to kick-start UK return of listed shipping 'Doing this successfully will lay the foundations for the London Stock Exchange and London investors to attract high-quality shipping companies...
India's worsening health crisis triggers fresh crew-change challenge About 30% of an estimated 80,000 Indian seafarers are stuck at home without an income as owners and managers work...
Volvo sees potential supply chain shifts from decarbonisation Volvo has committed to becoming climate neutral by 2040 and is examining the sustainability of its supply chains, which its...
Mozambique and Russia-Ukraine tensions prompt security concerns Security analysts are wary of tensions between Russia and Ukraine, and of continued risks in the Middle East - but mainly...
Global Chartering concludes acquisition of Essar mini-capes Six 106,500 dwt bulkers will be taken under the joint venture between DryLog and ArcelorMittal, with charters to continue serving...
Three more Ever Given crew to be relieved Suez Canal Authority says that only the ship and its cargo are under arrest. Crew may be replaced, but a...
Grimaldi to launch direct Ireland-Europe service Irish shipments to Europe were previously dependent on connections through the UK. Now shortsea operators are stepping in to fill...
Australia's maritime regulator bans sub-standard bulker The Panama-flagged vessel had been detained in early March because important regular surveys had not been carried out, and for...
MSC launches electronic bill of lading The pandemic has helped move the industry ahead with efforts to digitalise many of its processes. MSC will now offer...
Nils Aden returns to Harren & Partner The seasoned industry insider was formerly chief executive of shipmanager ER Schiffahrt. He is now taking the role of managing...
Taylor Maritime announces $250m London IPO Existing fleet will form seed assets for listed vehicle
Daily Briefing Free to read: Lloyd's mulls axing support for LOF salvage contract | Owners and unions hope to ease tensions after...
Cosco port arm sells domestic assets on global expansion plan China's port giant has sold equity interests in several domestic box terminals in the past year before signing off on...
Marine LNG lowers ship emissions net of methane slip While hitting back at critics of marine LNG, Total also highlights significant growth in LNG bunkering fleet, which looks set...
India's annual rains add pain to Australian coal trade Monsoons and a large stock build-up are forecast to induce an above-seasonal slowdown in Indian coal trade flows in the...
Scrubbers said to account for 10bn tonnes of 'polluting' washwater annually A report by the International Council on Clean Transportation projects bulkers, tankers, containerships and cruise ships will account for the...
Petronas agrees three-vessel charter deal for LNG Canada Its operating fleet will grow to 27 LNG carriers when the three vessels come into operation
West Coast port crisis caught in infrastructure debate Container rates doubling from a year ago is a lesson for port investment, according to Port of Long Beach's Mario Cordero.
Port of Montreal strike end nears after lawmakers OK back-to-work legislation Canadian lawmakers approve legislation to force an end to a strike by Port of Montreal longshoremen.
Importers lost their pricing power. How should they adapt? Now that shipping lines hold the pricing cards, importers must reset strategies, says Sea-Intelligence's Jochen Gutschmidt.
S KOREA DATA: March gasoil production jumps to 3-month high South Korea's March gasoil output rose 7.43% on the month to touch a three-month high of 27.35 million barrels, the latest Korea National Oil Corp. data showed. Market participants said the gains have come on the back of a hike in refinery run rates.
Sentiment for Brazil's Tupi crude firms amid pockets of Chinese demand China's buying sentiment for Brazil's Tupi crude has seen some recovery, market participants in the Asia Pacific sweet crude market said April 29, as pockets of trading activity has emerged ahead of the conclusion of maintenance season in June.
ARA diesel, gasoil stocks rise 4.2% on week as fundamentals remain soft Diesel and gasoil inventories at the Amsterdam-Rotterdam-Antwerp trading hub rose 4.2% to 2.173 million mt over the week ended April 29, according to Insights Global data.
Zhoushan ex-wharf bunker trades peter out on lower delivered prices The trade in ex-wharf Zhoushan marine fuel 0.5%S has become thin as delivered prices moved below ex-wharf offer prices as a result of fierce competition in the delivered bunker market, industry sources said April 29.
PBF Energy plans higher Q2 runs on rising demand, lower stocks PBF Energy expects higher second quarter refinery utilization than in the previous two quarters as market conditions improve, with stronger demand and refined product inventory levels at or near five-year average levels.
UAE's Fujairah bans crew change for vessels from India in past 14 days The Port of Fujairah has banned crew changes locally if a vessel has come from Indian ports within the past 14 days, as the coronavirus pandemic has overwhelmed India.
Ship recycling rates reach multi-year highs as scrap prices soar, supply dries up Aggressive buying appetite from ship scrapping yards have propelled scrapping prices to multi-year highs amid record steel prices and limited interest for scrapping in bulker and container vessel markets.
IMO should restrict scrubbers to limit water pollution: clean transport group The International Maritime Organization should require shipowners to use IMO 2020-compliant fuel instead of scrubbers because of resulting washwater pollution, the International Council on Clean Transportation said April 29.
OIL FUTURES: Crude hit six-week highs as market eyes US, Europe demand recovery Improved global demand outlooks and a late session slide in the US dollar pushed crude oil futures to settled at their highest since mid-March April 29.
Market observers in Mexico concerned about blackouts as summer approaches Market observers in Mexico are concerned about the possibility of power outages in Mexico during the summer if the country fails to secure enough fuel to meet demand ahead of the heat of summer.
New York bunker prices highest in more than a month Bunker fuel prices in New York Harbor April 29 reached their highest levels in more than a month, driven by strong demand and the relaxing of pandemic restrictions.
Hong Kong ex-wharf bunker suppliers offer May loading at $14-$16/mt discount to Singapore gasoil **May-loading offers similar to April **Singapore marine fuel 0.5%S stable in April
Continental Refining to repurpose idled Kentucky refinery to a biofuel facility CRC has completed its evaluation of the project feasibility and is currently progressing with detailed design, equipment procurement, permitting, the company said.
OIL FUTURES: Crude rises on signs of further strength in demand US downstream demand and expectations of improving gasoline requirements are lending support to prices.
Shell bounces back to black in Q1 but cautions uncertain pace of recovery Looking ahead, Shell said it sees its upstream production at between 2.15 million - 2.35 million boe/d in the second quarter.
IMO's GMN project extended to help developing countries curb GHG emissions MMTCs have undertaken a range of pilot projects, completed port energy audits and established branch offices.
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