MPC Container Ships orders methanol-fueled box ship duo Oslo-headquartered MPC Container Ships ASA has joined the growing list of shipowners opting to order alternate-fueled newbuildings. It has placed an order with Chinese shipbuilder Taizhou Sanfu Ship Engineering for two carbon-neutral
Biden administration announces availability of nearly $300 million in ferry grants The Federal Transit Administration (FTA) has issued a a combined Notice of Funding Opportunity (NOFO) making available nearly $300 million through three competitive grant programs that aim to boost access to rural
Fincantieri Marine Group names Marco Galbiati CEO Marco Galbiati, who has served as general manager of Fincantieri Marine Group (FMG) since 2018, has been appointed CEO, effective July 6. Former CEO Dario Deste, who was recently promoted to lead
Russia silent on seized ships as Mariupol is readied for reopening Despite legal and diplomatic complaints, the owners of two ships seized by Russian separatists in the self-proclaimed Donetsk People's Republic...
Ex-Sovcomflot LNG trio lifts Anna Angelicoussi group spend to near $1bn Latest deal sets yet another price benchmark for new LNG carriers and expands Alpha Gas fleet to eight LNG carriers
The other important event in British politics this week Whatever one's verdict on Boris Johnson, his government's Seafarers' Wages Bill is a solid starting point. But some rough edges...
Ukraine's trade shift a boon for neighbouring ports Ports in neighbouring countries are handling a greater number of vessels each month as they help to keep supplies moving...
Regulations threaten to further reduce containership capacity Container shipping's 7m teu orderbook will boost capacity. But at the same time, congestion and environmental regulation will see available...
Millennials are the future of shipping - for the better The needs and expectations of the next generation of seafarers, and how to deliver them, were addressed at this week's...
Shipping industry communication specialist Neil Jamieson dies Industry PR man with clients including International Registries Inc, Lykes Lines and Germanischer Lloyd
Bunker survey backs licensing to enhance sector transparency There is widespread industry support for the introduction of licensing schemes and mass flow meters pioneered by Singapore, a survey...
The Lloyd's List Podcast: How to balance ambition with uncertainty Decarbonisation commitments, demand signals and pledges are great, but the true test of progress will be within shipping companies themselves...
DCT Gdansk names contractors for terminal expansion Contracts have been signed to expand DCT Gdansk's two terminals to three. PSA-owned facility hopes to increase direct calls to...
TT Club calls for increase in cargo inspections Low rate of submissions of inspection reports is holding back improvements in safety. Governments called on to work with industry...
Cosco tanker unit benefits from new oil trade pattern Geopolitical events and reconfiguration of oil trade routes brought significant increase in transportation demand, says company
EPS dual-fuel suezmax on maiden voyage to India World's first dual-fuel liquefied natural gas suezmax completed its LNG bunkering in Singapore earlier this week. It will continue trading...
Fearnleys Securities to open office in Singapore Fearnleys will open an office in August. It wants to take advantage of the growing shipping market in Asia-Pacific
PIL joins World Shipping Council Singapore-based PIL is the 12th-largest container company, with a fleet of around 100 vessels
Daily Briefing Dark port calls growing amid accusations of stolen grain shipments | Tanker makes U-turn amid fresh Iran sanctions | Black...
KSOE wins LNG carrier orders worth $2bn Deal brings South Korean shipbuilder's new orders won this year to 137 ships with a total value of $17.3bn
There's still over $40B in cargo on container ships waiting offshore There were 125 container ships waiting offshore on Friday, including 36 off Savannah, 24 off Southern California and 20 each off Houston and New York.
Nippon Express launches service to avoid West Coast port congestion Nippon Express has launched a multimodal transport service for shipments from the U.S. and Canada to Asia via Mexico.
Huntsville offers Southern hospitality to air cargo Alabama's Huntsville International Airport in the past year has attracted new air cargo services controlled by major global logistics companies, solidifying its reputation as a...
ARA fuel oil stocks drop 9.86% on week to 1.125 million mt: Insights Global This is the fourth consecutive week stocks have declined.
First LSSR from Georgia arrives at US Atlantic Coast since 2018 The US feedstock market has been notably thin on supply since the Russian invasion of Ukraine, causing prices to soar.
BUNKERWORLD: Prices plunge amid crude selloff, easing supply *VLSFO output in Asia rises amid high cracks *Easing VLSFO supply in Northwest Europe *Potential for supply constraints in Ecuador
INTERVIEW: KPI OceanConnect sees attention shifting from scrubbers to alternative bunker fuels The Hi-5 is currently near record highs but with global caps on CO2 and other greenhouse gases in 2030 and 2050, respectively, enthusiasm for scrubbers looks to be easing as the shipping industry looks to the next steps in pollution abatement.
China's independent refiners gain upper hand as discounted crude offers grow S&P Global data showed that imports of these discounted crudes -- bitumen blend, Venezuelan heavy crude, Iranian crude, as well as Russian Urals -- amounted to 6.25 million mt, or 45.8 million barrels in June, accounting for about 83.7% of the total feedstock imports into Shandong and Tianjin.
SINGAPORE DATA: Bitumen exports fall 25% on week to 51,132 mt The main export destination was Indonesia at 20,007 mt, up 37% on the week, followed by China at 11,728 mt, down 53.8%, according to the data.
OIL FUTURES: Crude stable as market consolidates after heavy sell-off earlier in week Financial markets were given a boost July 8 by news of the Chinese government providing infrastructure stimulus to the economy by allowing local governments to sharply raise borrowing.
India's Nayara offers low sulfur fuel oil for July 27-29 loading Nayara is an occasional seller of low sulfur fuel oil while the company only produces LSFO when the economics are favorable.
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