TTB 2022: Lessons learned on building an advanced hybrid tug On March 30-Day 2 of Marine Log's TTB 2022 conference for the tug, towboat and barge industry-Garrett Rice, president of Master Boat Builders Inc. based in Coden, Ala., will present on its
Unions slam idea of U.S. Virgin Islands ship registry A proposal to launch a U.S. Virgin Islands ship registry has been met with a wall of opposition from U.S. maritime unions and the AFL-CIO. The proposal is one of a number
Future USS Fort Lauderdale completes acceptance trials Huntington Ingalls Industries (NYSE:HII) reports that the future USS Fort Lauderdale (LPD 28), the Navy's 12th San Antonio class-amphibious transport dock ship, successfully completed acceptance trials January 31. The ship, built at
N-KOM and ABS explore use of remote techniques to augment shipyard surveys A joint development project (JDP) between ABS and Qatar shipyard N-KOM (Nakilat - Keppel Offshore & Marine Ltd.) will examine how techniques developed by ABS for its program of remote survey of
Southern Illinois Transfer towboat will be Mitsubishi-powered A retractable pilothouse towboat under construction at Kaskaskia Shipyard Inc., Red Bud, Ill., is to be powered by two Mitsubishi diesel propulsion engines, supplied by Covington, La., headquartered Laborde Products. Ordered by
Vintage vessels to boost demolition sector A downturn in shipping markets, already being seen in the crude tanker and capesize bulker sectors, should help to tip...
Seanergy puts faith in share price recovery Nasdaq-listed capesize specialist says it expects to strongly outperform spot rates in the first quarter
Edda Wind orders three more newbuildings Norwegian offshore wind vessel company has six vessels under construction and two vessels on the water
Industry partnerships see growth market for decarbonisation advice Two partnerships have launched separate voyage optimisation and advisory products at a time when companies are looking for short-term emissions...
Eneti drops plan to build offshore wind vessel in the US The US-listed company is focusing on the existing fleet acquired through its Seajacks purchase and has inked charters for vessel...
Brazil loosens Jones Act-style cabotage laws Shake-up known informally as BR do Mar gets qualified thumbs-up from local shipping markets
Hottest year on record for boxship S&P market Scramble for tonnage in a frantic post-Covid market drives S&P numbers to record highs. Business is expected to soften in...
Shell's Potter appointed new chair of OCIMF 'We must continue to focus on the safety and care of the people that work in this important industry whilst...
Covid takes human toll in casualty data Port entry denials and quarantine periods caused significant delays and costs for shipowners as seafarers tested positive in hundreds of...
Casualties seen steadying over the past five years Casualties have flatlined in recent years, however, numbers through the first eight months of 2021 suggest a slight rise could...
Daily Briefing Frontline calls for IMO action over Iran ships impersonating its tankers | Houthis likely 'not responsible' for fatal Mercer Street...
US plan proposes domestic solution to 'opaque foreign flags' The proposal to establish an open registry in the US Virgin Islands 'will allow the US to command a diverse...
Omicron, weather dent air cargo growth in January The air cargo market is very strong, but the latest January numbers are deceiving.
Supply chain chaos and port gridlock could drag on into 2023 Barring an economic downturn, U.S. demand could still be squeezing ports a year from now.
Viewpoint: 'Disruption indicator' blames US ports for 80% of global inefficiency Despite the victory of saving Christmas, the congestion problems at the nation's largest ports have not improved.
EU carbon price hits record high as parliament debates CBAM EU Allowance futures contracts for December 2022 delivery on the ICE Endex exchange rallied as high as Eur93.39/mtCO2e in intraday trading -- surpassing the previous high of Eur91.19/mt seen Dec. 8.
Russia Feb Tuapse ULSD loadings stable on month at 257,500 mt The schedule shows 15 cargoes due to load in February -- one of 32,000 mt, six of 30,000 mt, five of 6,000 mt, two of 5,500 mt and one of 4,500 mt.
Platts invites feedback on overall price assessment methodology guide Platts will consider all comments received and will make comments not marked as confidential available upon request.
Primorsk ULSD exports to fall 1.5% on month to 1.58 mil mt in Feb Of the 42 cargoes scheduled, there was one of 66,000 mt, one of 65,000 mt, one of 99,000 mt and one of 96,000 mt, with the remaining 38 cargoes 33,000 mt each.
REFINERY NEWS: India Haldia running at 98% after works State-run Indian Oil Corp's Haldia refinery was running at around 98% after a shutdown for planned maintenance that was delayed due to a fire, company officials said Feb. 2.
OIL FUTURES: Crude little changed ahead of OPEC+ meet The oil market will be oversupplied by 1.3 million b/d in 2022 if OPEC and its allies fully unwind their production cuts as planned, the group's advisory technical committee heard Feb. 1, as ministers appear likely to approve another 400,000 b/d hike in quotas for March when they meet Feb. 2.
FEATURE: Brent backwardation as steep as it has ever been With both OPEC+ and other suppliers unable to keep pace with global demand growth as coronavirus restrictions ease, booming product markets have meant crude buyers have been scrambling to secure prompt loadings, driving that sharp structure.
FUJAIRAH DATA: Oil product stockpiles climb across the board after crude gains Heavy distillates and residues used for shipping and power generation jumped 16% to 11.379 million barrels, a nine-week high.
OPEC+ struggles to hit production targets with oil demand on the rise The inability of several members to hit their quotas over the past several months casts significant doubt on whether the alliance will actually bring on as much supply as it is aiming for.
German oil terminals, tank farms operating at 'limited capacity' after cyber attack The incident has affected supply of some oil products in Germany, Europe's biggest oil consumer, trading sources told S&P Global Platts.
Russia's January oil output rises 1% on month Russia has increased output in recent months as quotas under the OPEC+ agreement have risen on recovering demand following pandemic lockdown measures easing globally.
AmmPower eyes renewable ammonia plant for bunkers at South Louisiana port The facility could produce up to 4,000 mt/day of green ammonia, which could provide fuel for over 4,500 oceangoing vessels a year at the port, the company said in a statement Jan. 31.
JAPAN DATA: Oil products output falls 3.2% on week over Jan 23-29 Production of low sulfur fuel oil slumped 26.3% week on week to 1.10 million barrels in the week to Jan. 29. High sulfur fuel oil production declined 14.5% week on week to 1.01 million barrels during the same period.
JAPAN DATA: Jan 23-29 oil product exports rise 15.3% to 4.56 mil barrels Exports of low sulfur fuel oil plunged 41.9% week on week to 491,425 barrels in the week to Jan. 29, while high sulfur fuel oil exports fell 14.9% to 451,238 barrels.
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