NTSB: Towboat captain's sleep inertia likely led to $2.5 million hit on lock gate A captain who assumed a watch immediately after waking was likely experiencing sleep inertia, leading to a tow striking a lock gate in the Gulf Intracoastal Waterway, says the National Transportation Safety
Admiral Linda L. Fagan nominated to be next USCG commandant President Biden has nominated Adm. Linda L. Fagan to serve as the 27th commandant of the U.S. Coast Guard. On confirmation, she would be the first woman to serve as commandant of
Schottel takes majority stake in Turkish electrical system integrator Spay, Germany, headquartered marine propulsion leader Schottel has taken a majority stake in Turkish marine electrical system integration specialist Elkon from the family investment house Vera Capital. The minority stake will remain
Miners team up with owners to set up green corridor for iron ore trades The consortium, led by the Global Maritime Forum and comprising BHP, Rio Tinto, Oldendorff and Star Bulk, will assess the feasibility...
Owners and war risk insurers joust over rates for trapped Ukraine ships This is about standing shoulder-to-shoulder with clients, not profiting from the situation, says Canopius head of marine
Leonhardt & Blumberg buys three Ardmore Shipping tankers Hamburg boxship owner diversifies into tanker sector in sale-and-leaseback deal with Ardmore
Fresh EU sanctions target Russian shipping New sanctions will lead to the recalibration of bulk carrier trade flows as a generational energy crisis engulfs Europe, which...
Bulker values continue upwards trajectory Panamax bulk carrier second-hand prices have risen by an average of 4% in the past month
US lawsuit seeks costs and punitive damages over Golden Ray wreck Action taken under Oil Pollution Act of 1990 and federal maritime law, as well as Georgia state laws
War to knock dry bulk demand growth to 1% The situation in Ukraine, combined with already lower assumptions for China's appetite to draw in dry bulk commodities, has reduced...
Freeports need to focus on exports and innovation UK freeports can do more to drive exports and innovation by using the customs status effectively. But they need to...
Nor-Shipping brings a much-needed mindset refresh Nor-Shipping, the industry gathering that probably leads the world in its focus on green issues, is back. The call for...
Freeports get mixed report card one year on The first tranche of UK freeports was announced just over a year ago. Progress has been good but there is...
Salvors to remove cargo after attempts to refloat Ever Forward fail Two crane barges are to be deployed to lighten the Ever Forward in an operation expected to take two weeks
General cargo vessel hit by shelling in Mariupol General cargoship Azburg and its 12-strong crew have been docked in Mariupol since February 23
Maersk Center aims to scale up the use of new fuels Maersk chief executive Bo Cerup-Simonsen says global regulation is crucial for the massive use of new types of fuels
Russia war risk rates down sharply despite extension of listed areas Double-digit peaks fade away as premiums drop to 1-2% bracket. Any cases of price-gouging are reportedly likely the responsibility of...
UN criticises 'insufficient' shipping climate change targets 'If international aviation and shipping emissions were a part of the Paris Agreement, it may remove something of the present...
Lenders urged to take 'moral leap' for green shipping Malaysian shipping conglomerate MISC's chief operating officer says 'banking fraternity' needs to share risks with shipowners if it wants to...
'We'll treat Russian seafarers fairly,' say shipping leaders While striving to help their Ukraine crew, shipping executives say they also remain supportive of Russian crew who continue to...
Daily Briefing Singapore probes cause of alleged bunker fuel contamination | Risk sharing seen as important for financing green shipping | Drifting...
PSA acquires 2nd Port of Halifax container terminal PSA International has added to its port portfolio with the acquisition of Canadian container terminal Ceres Halifax.
Lawmakers grill Postal Service on Oshkosh truck purchase The Postal Service rejected lawmakers' calls to produce a new analysis of its future electric delivery vehicle fleet.
Another China lockdown jeopardizes electronics, auto supply chains Chinese President Xi is intent on eradicating COVID. The policy has come at a high economic cost. A new lockdown in Kunshan could threaten electronics...
Cracking the supply chain data code Carl Bentzel's vision for the next-generation supply chain is one that shares public data across transportation modes and anticipates future shocks.
Global airline capacity rebounding strongly: OAG Capacity of airlines globally rebounding sharply: OAG
Market seeks alternatives to Russian crude supplies Dirty tanker markets look for alternatives to Russian crude
Senators call for more transparency in US fuel markets, tougher FTC oversight US Senators call for more fuel market transparency and price reporting oversight
Crude drops as dollar strengthens amid looming Russian sanctions
France top destination for US LNG in March amid Europe supply disruption fears Spain was a close second, followed by the UK, an April 4 analysis of trade flow data by S&P Global Commodity Insights showed.
Singapore Platts MOC gasoil swaps trades jump 159% on month in March Liquidity in the gasoil market increased amid firm demand for Asian gasoil barrels on the back of recovering demand from most importing regions in the Asia-Pacific region.
Singapore March fuel oil paper MOC trades fall 35% on month Singapore bunker demand for marine fuel 0.5%S grade has been weak as buyers hold back due to the high prices.
Oman's Sohar Port looks into solar-based hydrogen as gas alternative for steel An agreement was signed with Hydrogen Rise and Jindal Shadeed Iron & Steel to evaluate what would be the first green hydrogen plant at Sohar, the port said in an April 5 statement.
Ammonia bunkering projects advance as maritime decarbonization goals loom The Ammonia 2-4 project is one such project that is being coordinated by global technology group Wartsila.
OIL FUTURES: Crude rises amid calls for additional Russia sanctions The European Union is considering the prospect of new energy sanctions on Russia, including those on Russian oil imports
European hi-lo fuel oil swap hits near 1-year low amid lower Russian volumes Sources said that there had been some relaxing of the tightness in the physical market for lower sulfur grades.
EU bans Russian coal and shipping from ports, 'working' on oil sanctions Not included in this latest round is a ban on oil imports, despite calls from some member states for that.
Singapore 180 CST HSFO crack spread surges to 2.5 year high as utility demand soars Singapore HSFO supply tightened especially after the Russia-Ukraine conflict as US refiners started taking HSFO cargoes from the Middle East.
Stronger bunker demand expected as Hong Kong lifts quarantine requirements Stronger low sulfur fuel oil bunker demand since the beginning of April has lifted premiums of the delivered grade, as more buyers meet requirements amid an easing of pandemic-related restrictions, according to Hong Kong-based bunker suppliers April 5.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
