10 minutes with Russell Shrewsbury, VP of Western Towboat As we approach TTB 2022, the industry's only maritime event dedicated exclusively to the tug, towboat and barge sector, we wanted to talk to a provider of custom-built and designed tug and
Maersk containership runs aground Initial efforts to refloat a 400 meter long Maersk containership that ran aground last night were unsuccessful. The vessel, the Mumbai Maersk was en route for Bremerhaven from Rotterdam when, at around
Norwegian OSV operator signs up for Inmarsat Fleet LTE Mobile satcom leader Inmarsat has secured a new contract for its flexible, three-in-one network service Fleet LTE from Ålesund, Norway, headquartered Golden Energy Offshore AS. Using Fleet LTE, three of the operator's
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
Maryland to bring back two vanishing islands through dredging A pair of vanishing islands off the coast of Dorchester County, Md., are to be restored using dredged sediment. The U.S. Army Corps of Engineers (USACE) Supplemental FY 2022 Workplan allocates $37.5
How Schottel uses digitalization to optimize vessel operations Propulsion specialist Schottel, Spay, Germany, is introducing a range of digital products and services that open up new possibilities for optimizing vessel operations. "Basically, we are creating a virtual image of the
Poseidon Principles to ditch IMO goals for zero-carbon target 'The goal will be to be as transparent as we can, without breaching confidentiality, and in the next couple of...
Dorian mandates $100m buyback as profits dip
Ten crew missing after FPSO sinks off Nigeria Owners SEPCOL confirm a fire 'engulfed' the FPSO following a blast in the early hours of February 2. The cause...
Maersk ultra-large boxship grounded off Germany 'All crew are safe, there is no pollution and no sign of hull breach,' Maersk says, while the entrance to...
Capital Product eyes further boxship and LNG acquisitions Pipeline of potential drop-downs from the Evangelos Marinakis' Capital Maritime is growing as the Greek shipowner pens orders for feeder...
NYK Line revises full-year forecast up 31% as ONE hauls in cash NYK Line expects profits attributable to its owners to rise 31% for the year, to $8.1bn
Buoyant Braemar finds cash buyer for Cory Brothers Listed broker sees strong top line growth on the back of dry market volatility and even from subdued tanker market
DSME scores Zodiac half-dozen The latest 15,500 teu capacity vessels have been ordered for long-term charter to an undisclosed container line operator and are...
Euronav sees tanker market recovery in sight Company using the downturn in the market to rejuvenate its fleet through drydockings ahead of a tanker market recovery later...
Daily Briefing Casualties seen steadying over the past five years | Vintage vessels to boost demolition sector | Hottest year on record...
Senate introduces ocean shipping reform bill Bipartisan legislation introduced in the U.S. Senate would give maritime regulators power to shift the carrier-shipper balance.
John Porcari Q&A: Current volumes are 'floor for the future, not the ceiling' In this exclusive interview with American Shipper, the port envoy to the White House Supply Chain Disruptions Task Force discusses the state of the ports,...
Cartel? Liner competition increased as trans-Pacific rates spiked Accusations fly as shipping lines rake in billions, but the numbers imply more carrier competition, not less.
Blizzard cripples US air cargo operations A winter storm is severely impacting express air and air cargo operations in the middle of the country, which could impact deliveries anywhere in the...
Aviation sector says resolving 5G safety conflicts will take years Congress, regulators and industry are trying to develop a long-term plan that would allow 5G cell towers to coexist with airport traffic.
INDIA DATA: Dec gasoil exports rise 15% on month on recovering demand India's gasoil exports rose 15.39% month on month to 3.21 million mt in December, latest Petroleum Planning and Analysis Cell data showed, amid recovering demand from Asian economies and thinning flows to the West due to unviable arbitrage economics.
ARA diesel, gasoil stocks fall 2.6% to 1.583 mil mt: Insights Global Stocks are now 41% lower than at the same period last year.
Trafigura consortium plans 240 MW green ammonia plant for marine fuels in Norway The Iverson eFuels green ammonia plant in the Sauda municipality in southwest Norway will have an initial electrolyzer capacity of 240 MW to produce 600 mt/day of renewable ammonia from hydrogen.
OIL FUTURES: Crude lower despite limited OPEC+ supply increase OPEC and its allies reaffirmed Feb. 2 that they would not provide additional supplies beyond the previously agreed 400,000 b/d monthly.
Cyberattack causes chaos at key European oil terminals This is especially impacting the flow of oil products such as heating oil, diesel, jet fuel, gasoline and fuel oil in Antwerp, Hamburg, Amsterdam, Ghent and Terneuzen, with many cargoes and barges being diverted to other terminals in the region.
Russian 0.7% gasoil exports from Tuapse set 18% higher on month in Feb Exports of 0.2% sulfur gasoil grades are set to double on the month to 120,000 mt, comprising four cargoes of 30,000 mt.
TENDER DATA: Pakistan State Oil seeks HSFO, LSFO for H1 April PSO procures fuel oil on behalf of utilities to meet domestic power generation demand.
FOB Singapore MOC fuel oil trades surge 80% on month in January Accounting for the 94.44% surge in high sulfur fuel oil volumes to 700,000 mt in January was the lack of on-specification cargo in Singapore, despite ample HSFO stocks in storage, according to a Singapore-based trader.
Panama Canal to decrease Neopanamax locks maximum draft to 49.5 feet Waiting times peaked Feb. 1 at 12 days for Super class tankers, which includes clean MRs and LR1s, traveling Southbound.
Shippers call on FERC to clarify accounting, reporting obligations for oil pipelines The Liquids Shippers Group contends that oil pipelines appear to be under-reporting these revenues on an industrywide basis.
Cargill, Mitsui, Maersk Tankers launch fuel efficiency advisory for shipping amid tightening climate targets "There is an immediate need for shipping to change its emissions trajectory and shipowners have to deal with complex regulatory requirements," Pind, said.
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