New inland push boat goes to work for Plimsoll Marine Recently delivered by the Blakely BoatWorks shipyard in Mobile, Ala., to Plimsoll Marine, the M/V Green Wave is a Subchapter M compliant inland push boat that will operate within the Cooper Consolidated
Edda Wind orders three more CSOVs Offshore wind service company Edda Wind (OSL:EWIND), Haugesund, Norway, has ordered three Commissioning Service Operation Vessels (CSOV) in addition to the six it already has under construction. On delivery of the three
Poor communication blamed in $1.1 million barge strike on bridge The National Transportation Safety Board (NTSB) has issued its report on a January 12, 2021, incident in which an empty hopper barge, pushed by the towing vessel Robert Cenac, struck the CSX
Heddle Shipyards fully booked for the winter All three of Canadian shipbuilder Heddle Shipyards' Ontario Shipyards are fully booked for the 2022 winter works season. The company says that, despite a new wave of pandemic restrictions and supply chain
Ulstein inks contract to design SOVs for Chinese offshore wind market Shanghai Electric Windpower Group has signed a contract with Ulstein Design and Solutions and China's ZPMC shipyard that will see them design two types of service operation vessels (SOVs) that will be
Kongsberg Maritime to supply advanced thrusters to Sanmar tugboats Turkey's Sanmar Shipyards has signed what's described as "a sizeable contract" that will see Kongsberg Maritime deliver high-performance, future-proof US205SFP and US255SFP thrusters for installation on new azimuth Stern Drive (ASD) tugboats.
Op-Ed: Marine coatings systems explained By Thomas O'Shaughnessy, owner of Industrial Paint and Protection magazine It may sound dramatic, but it's true: corrosion is attacking your ship from the first second it goes into service, to the
Investor wins $6m award against Libra in containerships dispute Shipping company underlines irony that at today's valuation the boxships at the centre of the dispute would have provided a...
Ukraine flags up ongoing maritime harassment by Russia Ukraine says tensions with Russia have so far not affected commercial shipping to its Black Sea ports
Carlyle-backed Interlink sells 12 handysize carriers Private equity owners Carlyle Group, which has links to Bermuda-based dry cargo operator Interlink Maritime, has helped to oversee a...
Embiricos group gains $80m on boxship sale to CMA CGM Tonnage shortage pushes up charter rates and asset prices as continuing port and supply chain congestion extends sailing times
US vaccinates more than 76,000 seafarers A lack of supply and pandemic-related travel curbs, even for vaccinated seafarers, remain challenges
The Week in Charts: Shipping's CO2 emissions rise | Tanker earnings forecasts revised down | Containerships lead January newbuild orders Shipping's carbon dioxide emissions are up, tanker earnings are revised down, crude tankers receive a bearish forecast and $7.6bn worth...
Dry bulk market to peak this year, says analyst By contrast with several other views, the consultancy sees rates heading a touch higher, with the gap between supply growth...
Training at the heart of decarbonisation's safety success Enhancing training and education will be vital in the likely scenario of multiple fuels being developed and adopted to meet...
Crew of 18 airlifted from bulker after collision off Dutch coast All 18 crew have been rescued from a listing bulk carrier following a collision between two Malta-flagged vessels off the...
S5 chief charts transformation of ship agency Netherlands-based investor First Dutch has become the sole shareholder of port agency network S5
Regulating safe shipping is about to get harder Shipping has come a long way from the safety horror stories of decades past. Yet future fuels, the advent of...
Burning questions remain over fire safety The frequency of large boxship fires has fallen recently - but the risks remain and any one of the smaller incidents...
CMA CGM buys into last-mile logistics With plenty of spare cash on hand, carriers are expanding their fields of operations. CMA CGM's latest acquisition will see...
ONE forecasts $15bn full-year profit Congestion and delays have reduced ONE's available capacity and led to a fall in volumes. But strong demand and sky-high...
Loctek's newbuilding order a 'strategic' move Furniture maker's decision to establish its own shipping business will lock it into extra operational burdens and risks, despite all the...
MOL raises earnings estimate to $5.46bn Bulk charter rates and panamax charges boosted overall performance, although conditions in the very large crude oil carrier market remain...
Daily Briefing Newbuilding contracts worth $7.6bn signed in January | Ukraine: Minor incursion could have major impact on shipping | Tanker market...
USDA announces container subsidy - lawmakers say it's not enough A new export container subsidy at the Port of Oakland received a tepid response from lawmakers pushing for a major overhaul of shipping regulations.
Container shipping has greatest quarter ever - with more to come Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.
CMA CGM buying large stake in last-mile delivery company E-commerce is becoming an increasing area of focus for some ocean carriers.
Boeing lands Qatar Airways as 1st customer for 777X freighter Qatar Airways is renewing its freighter fleet with a big order for an all-new aircraft from Boeing.
Supply chain pain may lurk in container crane bill Legislation affecting the world's largest gantry crane manufacturer brings supply chain risks along with it, according to a port security expert.
FTC extends deadline for public comment on supply chain disruptions The FTC wants to know if large corporations are engaging in anticompetitive supply chain practices.
EUROPE AND AFRICA RESIDUAL AND MARINE FUEL: Key market indicators this week The European marine fuel market is expected to give back some of its recent gains.
JAPAN DATA: Dec fuel oil sales surge 70% on year on robust demand for power Overall, oil product sales increased 2.6% year on year to 3.18 million b/d in December despite lower sales of gasoline, jet fuel and kerosene.
European January fuel oil swaps trade volumes in MOC rise to 410,000 mt The most commonly traded derivative was the 1% FOB Northwest Europe cargo swap, which accounted for 310,000 mt.
OIL FUTURES: Russian tensions push crude higher as March Brent nears expiry With tensions between Russia and Ukraine dominating global attention, the risk of escalation meant the impact of any sanctions on energy supply was a pressing concern for market participants, according to analysts.
INTERVIEW: KPI OceanConnect CEO sees 8% bunker growth, outpacing industry average in 2022 Platts estimates global bunker demand to grow 3% on the year to 6.20 million b/d in 2022.
Asia residual fuels: Key market indicators for Jan. 31-Feb. 4 An uptick in Russian volumes into Singapore is expected to ease some of the blend component tightness in the high sulfur fuel oil market, bunker suppliers in the city-state said, despite prompt supply remaining slightly tight.
China's oil product export quota cut music to ears of South Korean refiners Major South Korean fuel producers including SK Innovation, S-Oil and GS Caltex indicated the refiners are increasingly optimistic that their middle distillate sales would increase significantly across Asian markets in the absence of Chinese competition.
CHINA DATA: Carbon Emission Allowance price hits record high $9.63 Jan 28 China's environment ministry, which oversees the national carbon market, has not made an official announcement as to which sectors will be enrolled to the national compliance market this year, and the respective quotas.
Hong Kong's Feb ex-wharf marine fuel 0.5%S premiums settle $2-$8/mt higher on month The premiums for all major suppliers ExxonMobil, Chevron and Sinopec were settled at a similar level, a supplier said.
Singapore 0.5%S marine fuel cargo premium falls sharply over Jan as stocks rise Since late January, suppliers have shortened the delivery lead times of the International Maritime Organization-compliant bunker fuels to around 4-7 days, compared to the 7-11 days indicated around early January when supply in the LSFO complex was scarce, industry sources said.
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