Algoma Central in four product tanker JV with Furetank St. Catharines, Ontario, headquartered Algoma Central Corporation (TSX: ALC) and Donsö, Sweden, based Furetank have entered into a joint venture (JV) agreement to construct four dual-fuel ice class 1A 17,999 DWT climate
Crowley joins hybrid-electric ferry project Shipbuilder Senesco Marine, Kingston, R.I., has selected Crowley to provide design verification and production packaging for the hybrid-electric passenger vehicle ferry it is building for Casco Bay Lines of Portland, Me. Under
Steerprop to supply propulsion package for Maersk Supply Service WTIV The wind turbine installation vessel (WTIV) being built for Maersk Supply Service by Singapore-based Sembcorp Marine will have a Steerprop propulsion package. Maersk Supply has been developing an innovative concept for installing
Fincantieri Marinette gets $39.4 million more for Constellation frigate work Fincantieri Marinette Marine Corp., Marinette, Wis., has been awarded a $39,414,122 contract modification that exercises an option for fiscal 2022 engineering and class support requirements in support of detail design and construction
European shipowners wary of lifting grain from Ukraine The safety of crews and vessels in what is still a war zone is upmost in the minds of owners...
Hopes rise for Iran-held tankers' release after STS in Greece End of ordeal could finally be in sight for 49 seafarers kept under armed guard since May
Three Russia-loaded tankers sail to US Agricultural trades and oil cargoes that depart from Russia are exempt from US sanctions
DFDS warns of potential slowdown Danish ro-ro cargo and passenger ferry operator says passenger recovery is stronger than expected
UK dock workers at port of Liverpool vote to strike Union members reject 7% pay offer, threatening more disruption. UK supply chains face tough times as Liverpool joins Felixstowe in...
Algoma partners with Furetank for eco chemical tanker order Canadian company will jointly own two 18,000 dwt 'Vinga-class' tankers ordered by Furetank, together with a pair of additional units...
Study examines role of Indonesia in maritime's green push The report proposes three key opportunities for Indonesia, including the potential of establishing Kalimantan as a bunkering hub, the electrification...
Gulf Navigation refinances five petrochemical tankers Proceeds will be used to improve Gulf Navigation's debt levels as the company's current liabilities exceed its assets
Keppel Shipyard wins $2.9bn FPSO newbuild contract from Petrobras Scheduled for completion in the first half of 2026, the P-80 is the second FPSO that Keppel O&M will be...
Jobs project aims to attract maritime's next generation Pilot aims to enhance attractiveness of maritime jobs amid competition for talent in Singapore
PaxOcean starts ammonia bunker design project The initiative aims to support the use of green ammonia as a sustainable marine fuel
Daily Briefing Ukraine war risk insurance rates find normal range | Ukrainian grain sailings increase amid lingering safety concerns | The Lloyd's...
The plunge in dry bulk shipping: Ominous signal on China's economy? Rates and sentiment in dry bulk shipping have fallen hard. Economic pressures in China appear to be a major culprit.
Viewpoint: Bigger mallet needed for latest game of whack-a-mole The latest whammy? A U.K. port strike could delay deliveries of Guinness.
UAE's Murban crude exports from Jebel Dhanna rise despite resumption of Fujairah loadings ADNOC said Aug. 5 that it has diverted loadings to Jebel Dhanna amid ongoing work to restore operations at its oil terminal in Fujairah.
Germany signs MOU with utilities to ensure LNG supply for two FSRUs Germany's efforts to guarantee LNG volumes for its new import terminals come as European gas prices continue to surge on winter supply concerns.
OIL FUTURES: Crude prices lower as Iranian nuclear deal advances Negotiations in the Iranian nuclear deal has further developed, as the EU, Iran, and US progress towards an updated nuclear agreement.
HONG KONG DATA: June gasoil, diesel, naphtha inflows fall 39% on weak demand Hong Kong uses naphtha and natural gas to produce town gas, which is used as a cooking and heating fuel.
Observers see shift from Mexico over fuel storage, but skepticism remains The reopening of private refined products storage terminals in Mexico is sparking hope the government may be softening its stance towards private investments in that sector, but observers remain skeptical about the potential for substantial change.
GoodFuels' Asia-Pacific branch supplies marine biofuel to NYK bulk carrier MV Frontier Explorer was refueled with biofuel in a blend with VLSFO during its port call to Singapore on July 5, en route from Australia to India, it said. GoodFuels first supplied an NYK-owned vessel with biofuel in January 2019 in Rotterdam.
HONG KONG DATA: June fuel oil imports slip 0.1% on month to 2.51 mil barrels While Hong Kong's bunker suppliers grappled with tight stockpiles of low sulfur fuel oil during most of June, higher inflows of replenishment cargoes were likely to have raised import volumes closer to levels in May, market sources said.
REFINERY NEWS ROUNDUP: South Africa's Natref back online Operations at Algeria's Skikda have not been affected by a fire that occurred on a truck during refuelling Aug. 15, according to local media reports. The production units of the complex continue to operate normally, the company was quoted as saying in a statement.
FUJAIRAH DATA: July bunker sales up 2.7% on month despite severe weather Refueling operations for bunker barges were mostly hampered between late-July and early-August as upstream cargo suppliers ceased terminal operations, thus limiting product availabilities for downstream bunker deliveries, sources said.
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