Keel laying ceremony takes place for U.S.'s largest LNG bunker barge Construction of the U.S.'s largest LNG bunker barge continues on schedule as Crowley, Shell and Fincantieri Bay Shipbuilding leaders reviewed progress at the shipyard as part of a ceremonial keel laying on
USCG awards Austal USA contract for Stage 2 of OPC program The Coast Guard reports that it has awarded a fixed-price incentive (firm target) contract to Austal USA, Mobile, Ala., to produce up to 11 Offshore Patrol Cutters (OPCs). The initial award is
Jury convicts four of five Navy officers tried in GMDA bribery case In the latest development in the "Fat Leonard" case, on Wednesday, a federal jury failed to reach a verdict on charges brought against retired Rear Admiral Bruce Loveless. Four other defendants -
First of J.B. Hunt's own ships arrives in Port of Everett Another major player is working around the logjams in the container shipping business by securing its own ships - and using general cargo vessels to carry containers. Lowell, Ark., based J.B. Hunt
Ørsted and Eversource team with Boskalis for northeast offshore wind projects Ørsted and Eversource say they are working with Netherlands-based Boskalis for the foundation and offshore substations transportation and installation work for their South Fork Wind and Revolution Wind projects, as well as
AtoB@C orders seventh electric-hybrid ice class bulker Sweden's AtoB@C Shipping, a subsidiary of Aspo Group's ESL Shipping, has declared an option for an additional electric-hybrid ice class 1A bulker from Indian shipyard Chowgule & Company Private Limited. AtoB@C placed
Compact new Baudouin engine packs a lot of power French diesel manufacturer Baudouin, whose U.S. references include the NYC Ferry fleet, has launched a new engine on the international marine market. Baudouin's new 6F21 is the most compact marine engine in
Zodiac Tankers chief David Ofer switches to tech venture capital Ofer Group evolution will see David Ofer leave the family shipping business to grow OG Tech into a tier one global...
TEN buys VLCC as it returns to profit Increase in charter rates could signify end of tough run for tankers, says US-listed owner
Most maritime companies lack decarbonisation goals Just 35% of major shipping companies have made an IMO or net zero 2050 decarbonisation pledge, says the Maersk Mc-Kinney...
Ocean Yield invests in new ethylene carriers The deal is viewed as credit-positive as the vessels will be bareboat chartered out to Brazil's petrochemicals company Braskem on...
Green shipping faces unpredictable future Decarbonisation will be a 'journey of many stops' as companies chase fuel efficiency gains, webinar told
Ship finance: Falling cost scorches 'alternative' lenders With many shipowners making more money than they can remember, and banks willing to cut margins to keep the business...
LNG: Winter of content ahead for traders as global energy crunch drives profits Russia's war on Ukraine has upended oil, gas and agricultural markets, triggered record prices and placed energy security at the...
Regulation: Countdown to the CII Regulation watchers are eyeing the January 1, 2023 deadline when the IMO's Carbon Intensity Indicator rule kicks in; the regulation...
Braemar launches digital carbon-offset platform Projects will include sustainable agroforestry on the Guatemalan conservation coast, protecting habitats for critically endangered species in Indonesia, and measures...
Start-up growth 'probably won't be sustainable' Many of the start-ups selling vessel data and efficiency products will not survive and their products seldom live up to...
Stolt-Nielsen sees momentum in chemical tanker market 'Our tanker trading team is standing firm on contract renewals and spot fixtures to capitalise on the tightening market, and...
Gibson sees suezmax and aframax broker exodus The departures are said to have gutted the suezmax and aframax broking desks at the 128-year-old tanker broker, which is...
Box shipping reliability at 36% in May Overall liner shipping reliability remains at low levels, albeit with slight improvement from April, when compared with the past years...
Inter-alliance liner partnerships not accounted for by competition regulators Global Shippers Forum is calling for regulators to adopt a more accurate measurement of competition between container liner operators as...
HCOB agrees refinance deal with Hamburg Bulk Carriers Deal highlights importance of Asian markets to German bank, says head of shipping Rohr
CSSC Shipping joins LNG carrier chartering project with Cosco and CNPC Lloyd's List understands the deal will involve the yard-backed lessor bareboat chartering its LNG tankers to CSET, which will in...
Berge Bulk chooses wind propulsion for newcastlemax The large, solid wing sails will measure up to 50 metres in height and help reduce emissions by as much...
Singapore relaxes port entry requirement for vessels Singapore has also relaxed its entry requirements for crew as it learns to live with Covid
Daily Briefing Containers: Eyeing the post-pandemic slowdown | Shipbuilding: Latest super-cycle gives shipyards the upper hand | Transpacific rate decline expected to...
Lawmakers plead for deal ahead of dockworker contract deadline Lawmakers and shippers urge quick wrap-up of new dockworker labor pact on the eve of the contract deadline.
California ports piling up again: Too many containers sitting too long The number of import containers sitting at LA/LB terminals for nine days or more has more than doubled since February.
US LNG overtakes Russian pipeline gas in EU for first time: IEA's Birol Writing on Twitter, IEA executive director Fatih Birol also said the EU needed to cut gas demand ahead of the upcoming winter given low Russian deliveries.
Tight chemical tanker tonnage to continue through 2022: Stolt-Nielsen Rising fuel bills have become a concern across sectors.
REFINERY NEWS: France's Fos-sur-Mer refinery strike reduces throughput ExxonMobil confirmed a strike by the CGT union had begun on the evening of June 28.
South Korea-Singapore delivered bunker spread narrows to 31-month low Most South Korean refiners have been actively offering low sulfur fuel oil bunker for early July delivery dates at competitive rates since late June, according to market sources June 29.
INTERVIEW: Government dithering, interference pose new risks for carbon markets: South Pole CEO Heuberger said the existing carbon market infrastructure has been built over the past 17 years, but governments are now looking at rethinking the entire architecture under Article 6, especially 6.4, which is essentially the renewed Clean Development Mechanism.
INTERVIEW: Wartsila sees cost of alternative fuels driving efficiency in shipping Both petroleum-based bunker fuel and alternative marine fuel prices have been at record highs since Russia's invasion of Ukraine, throwing fuel bills into sharp relief.
OIL FUTURES: Crude edges lower as market looks to further supply constraints The OPEC+ producer grouping is set to meet later June 30 in a bid to settle on the agreement made in June and confirm output levels for August.
Lean inventories heighten Hong Kong's July term ex-wharf bunker premiums As the limited stockpile of low sulfur fuel oil elevated ex-wharf premiums, buyers have reportedly downsized term contractual volumes done for July loading dates.
JAPAN DATA: May oil product imports drop 31% on year, exports up 93% The country, however, boosted imports of fuel oil in May to 20,959 b/d, an eight-fold rise from 2,611 b/d in the year-ago period, according to METI data.
JAPAN DATA: Fuel oil sales surge in May on increased demand for power generation The country boosted imports of fuel oil in May to 20,959 b/d, an eight-fold rise from 2,611 b/d a year ago, the METI data showed.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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