Zan Fast Ferries orders third CoCo Yachts Coastal Cruiser Gorinchen, Netherlands-headquartered CoCo Yachts reports that Zan Fast Ferries of Zanzibar, Tanzania, has ordered a third CoCo Yachts designed high speed passenger craft. The vessel, a Coastal Cruiser 599, will join two
Gateway Terminals handles first box in Savannah At the Port of Savannah today, representatives from Gateway Terminals, the International Longshoremen's Association and the Georgia Ports Authority (GPA) joined to mark the first container moved under the direction of Gateway,
DNV and PowerX team up on offshore wind power transfer vessels Classification society DNV has signed a non-binding letter of intent with PowerX, the Japanese company that thinks there's a better way than subsea cables to bring electricity ashore from offshore wind farms.
Alabama Shipyard awarded USNS Comfort drydocking The U.S. Navy's Military Sealift Command has awarded Alabama Shipyard, Mobile, Ala., a $25,964,083 firm-fixed-price contract (N3220522C4031) for a 150-calendar day shipyard availability for the regular overhaul and drydocking of the Military
They're hiring women now! Ferry captain reflects on 46 years of service Back in late September 2021, Capt. Marsha Morse of Vashon, Wash., retired after over 46 years of service as a professional mariner with the Washington State Ferry (WSF) system. Morse became the
SAFE Boats wins Ukraine-linked patrol boat order As tensions over Russian threats to Ukraine mount, SAFE Boats International, Bremerton, Wash., has been awarded a contract under a U.S. security assistance program that includes a focus on enhancing Ukraine's capacity
Container shipping's 2022 outlook: The bulls, bears and wild cards How could the consensus - that container spot rates will remain extremely high - be wrong?
5 alternative container ports for avoiding congestion Small ports were one solution for big-port problems in 2021. Shippers that could find a vessel were able to get their cargo processed quickly by...
FOB Singapore MOC fuel oil trades rise 159% on month in December Traded volumes in the FOB Singapore fuel oil Platts Market on Close assessment process rose nearly 160% from November to 880,000 mt in December, bolstered by a sharp increase in both high sulfur and very low sulfur fuel oil trades on the month, S&P Global Platts data showed.
TENDER DATA: Pakistan State Oil seeks HSFO, LSFO for H1 March Pakistan State Oil procures fuel oil on behalf of utilities companies to meet domestic power generation demand.
OIL FUTURES: Crude rises as OPEC+ sees limited omicron impact Crude futures rose midmorning Jan. 3 after an OPEC+ advisory committee report suggested the omicron coronavirus variant would have a limited effect on global demand growth.
FEATURE: North American midstream crude sector poised for small, incremental growth in 2022 North America will see more crude oil volumes flow from Western Canada and West Texas in 2022, but the crude midstream sector will count only modest, incremental growth with pennies remaining pinched and few big projects sanctioned, according to energy analysts.
Asia residual fuels: Key market indicators for Jan. 3-7 Trading activity in the Asian fuel oil market in the week of Jan. 3-7 is expected to gain pace as participants return from the year-end holidays.
REFINERY MARGIN TRACKER: US margins end 2021 on high note as omicron variant looms US refining margins rose for the week ended Dec. 31, putting a strong finish on 2021, despite the rapid spread of the highly contagious omicron variant as the world enters the third year of coronavirus, an analysis from S&P Global Platts showed on Jan. 3.
AMERICAS BUNKERS: Key market indicators Jan 3-7 Bunker markets in the Americas is expected to continue the upward trend following two weeks of increased pricing amid talks of higher demand in several ports and a strengthened energy complex.
Singapore delivered, ex-wharf MF 0.5%S bunker spread nears 11-month high The spread between delivered and ex-wharf Singapore marine fuel 0.5%S bunker widened to an eleven-month high of $13/mt Dec. 31, S&P Global Platts data showed, amid strengthening demand for the delivered grade.
Bunker fuel price rises in most Latin American ports at 30% to 40% in 2021 Spot prices for marine fuel 0.5%S rose more than 30% over the year in most ports in Latin America in 2021, while the advance for marine gasoil exceeded 40%, according to an average of monthly data from key ports in the region assessed by S&P Global Platts.
FEATURE: Shipping industry may outpace IMO in toughening climate targets The shipping industry may look beyond the International Maritime Organization in 2022 for guidance in combatting climate change, amid mounting pressure to increase the pace of its current efforts.
BRAZIL DATA: Nov refined product sales slide as demand falls Brazil registered a year-on-year decline in refined product sales in November as demand in Latin America's largest economy continued to retreat with the end of the agricultural harvest season, according to data released Jan. 3 by the National Petroleum Agency, or ANP.
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