Dirk Lesko named president of Irving Shipbuilding Dirk Lesko, whose retirement as president of GD's Bath Iron Works shipyard in Bath, Maine, in April caught many by surprise, is to assume the role of president of Canada's Irving Shipbuilding
MSC Cruises orders hydrogen fuel cell newbuild duo from Fincantieri Explora Journeys, the luxury travel brand of the MSC Group's cruise division, has signed a memorandum of agreement (MOA) with shipbuilder Fincantieri covering the construction of an additional two luxury cruise ships.
EBDG-designed hybrid-electric ferry for Casco Bay enters construction Elliott Bay Design Group (EBDG) today announced that its design of a hybrid-electric passenger vehicle ferry for Casco Bay Lines of Portland, Maine, will enter the construction phase at Senesco Marine of
Op-Ed: BioLNG is in use and provides flexible CII compliance backed by green finance by Steve Esau, chief operating officer, SEA-LNG BioLNG is available now. Suppliers are quoting prices for delivery of bioLNG bunkers in Rotterdam, the biggest marine fuel bunkering hub in Europe, and in
Hydrogen power barge project brings rocket science on board A French consortium is planning to put a multi-service power barge into operation in the Port of Rouen that would supply energy and hydrogen to ships during port calls, enabling cold-ironing and
Port of Caddo-Bossier cuts ribbon on spacious new warehouse The Port of Caddo-Bossier, along with the Red River Waterway Commission and the Louisiana Department of Transportation and Development, cut the ribbon for its new 100,000-square-foot heavy-load warehouse on June 30. Construction
Ukraine corridor hangs in the balance amid shipping disputes With accusations of stolen grain shipments and seized vessels souring high level political talks over a UN-led plan to open...
Russian diesel opacity rises as oil traders limit public trades Diesel from Russia, the world's second-largest exporter after the US, still sailing for Europe even as sales, bids and offers...
Rotterdam hydrogen plant gets sign-off Europe's ports have a major role to play in decarbonisation. As well as being import hubs for green fuels, they...
LNG shipping capacity 'to outpace demand' to 2025 Europe LNG imports seen rising on Russia-led energy supply crisis but overall global natural gas demand downgraded in medium-term outlook
Constanta congestion drives Maersk to Turkey The closure of Ukraine's main container port at Odessa led to cargoes being diverted to Romania. Now that country's main...
Box lines battle for additional capacity MSC continues to dominate both secondhand acquisitions and newbuilding orders. Maersk and Cosco's share of capacity falls as available tonnage...
Better scrutiny of sustainability-linked loans needed to prevent greenwashing As sustainability-linked loans grow in popularity, more scrutiny of key performance indicators in the deal documents is needed to prevent...
Bergvall Marine and Parisco to rebrand as Gallagher Bergvall Marine offers insurance and risk management services to clients including shipowners, managers, offshore contractors, shipyards and finance institutions, while...
China eases entry rules for international vessels Quarantine at the port of entry for international vessels transferring to domestic routes will be shortened from 14 days to...
MPCC orders dual-fuel feeder boxship pair at Chinese yard Chief executive says deal will help the company renew its fleet
Daily Briefing China anti-graft probe stokes concern over reining in lending | Maersk quits ICS as climate ambition divides industry representation |...
Maritime safety is a team pursuit - we stand or fall together The Japan Transport Safety Board reported operational and management shortcomings underpinning the loss of the bulk carrier Wakashio. But only...
Pacific Basin bulker stranded off Sydney towed to safety Pilots boarded the vessel amid improved weather conditions
Viewpoint: German labor talks at impasse Contract talks between German port employers and labor union ver.di have bogged down over questions about inflation's impact on wage increases.
France-based Vallair introduces 'soft' cargo conversion for Airbus A330 jet Vallair says it will turn passenger aircraft into light-duty freighters by clearing out the cabin so boxes can be loaded on the floor.
Containerized solar water farms provide clean water, jobs for locals Nonprofit organization GivePower is using solar power to desalinate water and provide positive health, education and economic impacts for communities.
Refined product prices tumble in Latin America despite rising July imports Many of the prices reached record highs in early March right after Russia's invasion of Ukraine and again around the start of May.
Japan's IMO-compliant domestic bunker contracts for Q2 settles at Yen 105,300/kl
Brent holds above $100/b as recession concerns trigger renewed selling pressure Crude prices see second day of intense selling pressure as recession fears fueled demand concerns.
NWE HSFO barge price hits 6-month low as crack slides amid higher Russian flows With strong refining margins for oil products, refiners have been running their refineries at maximum capacity, which has increased HSFO supply as a by-product of maximized gasoline runs, said fuel oil traders.
UAE's AD Ports agrees to work with Uzbekistan's SEG on refined exports Fergen processes 4.5 million mt/year with a potential of 6.5 million mt/year, according to SEG which aims to exports its products to the wider CIS region, Europe and the Middle East.
Platts discontinues 3.5% IFO 380 bunker assessment in Callao, Peru The reconfiguration of the Talara refinery in Callao is expected to drastically reduce the production of residual fuel oil in the country.
JAPAN DATA: June 26-July 2 oil product exports surge 45% on week to 3.41 mil barrels Low sulfur fuel oil exports also hiked 44.8% week on week to 338,043 barrels in the week to July 2, while high sulfur fuel oil exports dived 49.2% on the week to 372,607 barrels.
Hong Kong's tight LSFO supplies push bunker spread against Zhoushan to all-time highs Tight inventories of low sulfur fuel oil lifted delivered bunker premiums at Hong Kong despite tepid demand, as delayed inflow of replenishment stocks is expected to limit ex-wharf supplies during the first half of July, market sources said July 6.
China likely to issue 5 mil mt oil product export quotas in second batch of 2022: sources The new allocation would lift the total quota volume to 22.5 million mt thus far for 2022, 39.2% lower than the 37 million mt awarded in the first two batches of 2021, data from S&P Global showed.
Singapore 380 CST HSFO crack slides to more than 2.5-year low on ample supply According to Kpler shipping data, Singapore and Malaysia received 315,000 mt of HSFO from Russia in June, spiking 75% from May.
China issues 2.5 mil mt LSFO export quota in third batch for 2022 The new allocation brings total fuel oil export quotas in the first three rounds for the year to 12.25 million mt, up 11.4% from the same batches in 2021.
OPEC Secretary-General Barkindo who helped forge alliance with Russia dies Barkindo, a Nigerian oil veteran who was due to wrap up his six-year tenure as OPEC secretary-general at the end of July, was a guest of Nigerian President Muhammadu Buhari earlier on July 5.
Bunkerworld symbol discontinuations The following Bunkerworld symbols have been discontinued due to inactivity.
European weekly fuel oil exports to Asia drop: Kpler Estonian fuel oil exports to Asia are expected to total 225,000 mt, accounting for most European product arriving in Asia during the week. The week prior, Russian exports to Asia totaled 479,000 mt, with Estonian exports only at 37,000 mt.
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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