VIDEO: Methanol-electric towboat set for 2023 debut The world's first methanol-fueled towboat is set to to join the fleet of Metairie, La., based Maritime Partners LLC and become available for charter in 2023 to meet the pressing demand for
Austal USA lines up steel supply for T-ATS project at shipyard Following its receipt of a $144.6 million U.S. Navy contract to build two steel-hulled Towing, Salvage, and Rescue ships (T-ATS), shipyard Austal USA has contracted with local Alabama steel provider SSAB Americas
Is the future of LNG as a marine fuel to use it to produce hydrogen? Current barriers to the uptake of hydrogen as a ship's fuel include the difficulties and costs of its production, distribution and on board storage. However, by producing hydrogen on board using readily
New battery hybrid tugboat design developed for U.S. market Coden, Ala.-based Master Boat Builders Inc. (MBB) and naval architect and marine engineering firm Robert Allan Ltd. (RAL) have developed new battery hybrid tugboat design, the ElectRA 3000-H. This design has been
IMO's MEPC 77 avoids the tough stuff Last week's meeting of the International Maritime Organization's Marine Marine Environmental Protection Committee (MEPC 77) once again demonstrated that the IMO is too often a place where dreams go to die and
Cowes Harbour and Cedar Marine to develop sustainability plan Cowes Harbour Commission (CHC) is joining the charge for environmental responsibility among the UK's ports and harbors as it today announces its adoption of the Carbon Management Plan developed by technical and
MAN readies four-strokes for green future fuels By continuously developing the range of services for its portfolio of four-stroke engines, MAN Energy Solutions is enabling its customers to exploit a range of synthetically manufactured, climate-neutral future fuels. Already today,
Regulatory uncertainty tops shipping's risk list The greatest risk to shipping markets over the next five years is regulatory uncertainty, according a Lloyd's List's poll ranking...
IMO faces calls for emissions workload efficiencies Countries have called for changes to the way the IMO handles its mounting workload on reducing greenhouse gas emissions, with...
Euroseas scores new $130,000 daily rate for containership A 12-year-old boxship that claimed a record $202,000 rate in October has locked in more than four years of employment...
Cyprus launches second bid to forge ferry link with Greece New tender has been made more flexible for operators after first attempt in January fizzled out without a single bid
Coronavirus variants defer tanker market recovery Strategic petroleum reserve releases and resumption of Iran-Europe nuclear talks add to oil market volatility
Decarbonisation will expedite corporate transition, says Wärtsilä chief While COP26 headlines focused on the pace of transition, behind closed doors business leaders are assessing what it all means...
Handysizes maintain strong performance Handysizes have shown greater resilience to freight rate falls over recent weeks on strong trading volumes which has seen utilisation...
Marine plastic pollution delays amplify IMO time-management dilemma Greenhouse gas emissions regulatory talks at International Maritime Organization meeting sideline issues to a 'graveyard time slot'
The week in charts: One Hundred People 2021 | Worst behind tanker sector? | LNG rates continue ascent Lloyd's List revealed its annual ranking of the 100 most influential people in shipping in 2021 last week, indicating where...
Klaveness chief Kristoffersen jumps ship to Wallenius Wilhelmsen Mr Kristoffersen, who appeared for the first time in this year's Lloyd's List Top 100 people in shipping, has been...
Cosco consolidates box-making assets amid favorable market conditions Deal will add a design capacity of producing 1m teu of new containers annually - the world's second-largest - to...
Loss-making Frontline cites 'potentially potent cocktail' for tanker markets recovery Cocktail of ageing fleet, increased scrapping, dwindling orderbook and rising oil demand in place to improve fundamentals, says management
Daily Briefing One hundred: Shipping's most influential people in 2021 | The 'usual speed of IMO co-operation' is not fast enough |...
Tanker in collision with bulker off India, no casualty or pollution reported The tanker manager says the vessel was not carrying oil and chemical containers on board
Port of Vancouver truckers issue strike notice Container truckers at two carriers serving the Port of Vancouver are set to go on strike Friday over benefits and detention pay.
LA/LB ports postpone congestion surcharge for 3rd time Southern California ports and private operators are using carrots and sticks to help eliminate a massive pileup of cargo.
Omicron threatens tankers but could extend container shipping boom Here's how omicron variant could impact tanker, container and dry bulk shipping rates.
Retailers open pop-up container yards to bypass Savannah port jams Innovation and investment are the watchwords at the Georgia Ports Authority, where officials are rushing to deal with supply chain constraints.
Ducere to proceed with Canadian crude-by-barge project Ducere plans to build a barge facility near Chicago focused on shipping Canadian heavy crude to Louisiana for refining as well as export.
Marine fuel 0.5%S at two-month low on omicron variant Global downward trend also seen in Singapore 0.5%S marine fuel barges.
Crude edges higher as market digests potential omicron variant impacts As of Nov. 29, omicron variant reported in at least 15 countries across five continents
INTERVIEW: Euronav sees tanker market well placed to ride out any COVID-delayed recovery *VLCC dirty freight rates have risen since summer *Atlantic basin shows demand growth potential
OIL FUTURES: Oil recoups some losses after posting largest daily drop since April 2020 Concerns triggered by the detection of the COVID-19 variant omicron -- named on Nov. 26 during a World Health Organization emergency meeting -- induced a particularly bearish sentiment in the market.
Russia says no need for OPEC+ to make hasty decisions over new COVID-19 variant The alliance is set to meet Dec. 2 to decide on January crude production levels amid a US-led attempt to lower prices by releasing strategic stocks and a sudden rise in fears over fresh travel restrictions globally due to the discovery of the Omicron coronavirus strain.
IMO's recent climate meeting 'a missed opportunity': Maersk CEO The IMO is currently targeting a 50% cut in emissions from the global fleet by 2050 compared with 2008 levels, but there is growing industry and political pressure to raise the 50% goal to 100%.
EUROPE AND AFRICA RESIDUAL AND MARINE FUEL: Key market indicators this week Buying activity in the downstream bunkers market picked up on Nov. 26, in line with significantly lower bunker prices. The price drop is relieving some pressure shipowners and charters have faced recently.
THAILAND DATA: Oct fuel oil exports rise 19% as refinery restarts Almost 70% of the volume was shipped to Singapore and Malaysia, the data showed, where significant land and floating storage was available.
Vitol's Muller says OPEC+ likely to be cautious as it assesses new variant OPEC+ ministers, led by Saudi Arabia and Russia, are meeting after Dated Brent nosedived 11% on Nov. 26, sending shock waves into the energy market as news of the Omicron variant outbreak led to bans on flights from South Africa.
South Korea's Oct fuel demand improves; refiners wary of potential new lockdowns Transportation fuels, especially gasoline and jet fuel, led the country's October oil consumption increase as the government started to rapidly ease movement restrictions across the nation since mid October.
Asia residual fuels: Key market indicators for Nov 29-Dec 3 South Korean bunker suppliers have been offering December slots since late November as inventories of LSFO and LSMGO bunker grades are running low, which has limited product availability for prompt delivery at end November.
Zhoushan suspends bunkering operations at outer anchorage on strong winds Zhoushan bunker suppliers expect it will take a few days to normalize.
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