Louisiana leaders celebrate deepening of Mississippi River Ship Channel Louisiana elected officials, federal partners and maritime stakeholders joined the Big River Coalition in New Orleans, August 16, to celebrate the U.S. Army Corps of Engineers (USACE) completion of the first two
Silverback Marine unveils industry-first collared landing craft Tacoma, Wash., aluminum boat builder Silverback Marine has released details of its latest brainchild for the small commercial workboat market: a fully collared, large-door landing craft. Collared RHIB style boats are widely
Ukraine seeks to expand scope of grain corridor As safety is assured through the maritime corridor agreement and the pace quickens on inspections, allowing more than 600,000 tonnes...
Traffic to ports along Rhine largely unchanged, but cargo volumes drop The number of commercial ships arriving into ports connected with and along the Rhine River is stable, but cargo volumes...
New block train service launched between Greece and Serbia First trains dedicated to carrying CMA CGM containers offer weekly capacity of 50 teu in each direction
Time to speed up grain exports from Ukraine The best solution, of course, would be an end to the war. Failing that, everything possible must be done to...
Gram's vehicle carrier earnings continue to improve World's third-largest non-operating owner of vehicle carriers says its average time charter rate was up in the second quarter, with...
Hapag-Lloyd shifts allegiance on South Africa trade Hapag-Lloyd's purchase of DAL has bought it a slot in the SAECS consortium. Its South Africa service will now be...
Senior Niarchos lieutenant John Frangoulis dies at 98 Man of 'high principles' spent 45 years with Niarchos group, starting on board tankers
Maersk signs up seventh methanol supplier Switching to green fuels has always required supply to be available. Maersk's order of 12 methanol-ready ships has led to...
Biofouling: A multi-layered ESG problem Biofouling increases frictional resistance, which leads to higher operational costs and lowers energy efficiency
OOIL doubles net profit on soaring freight rates There are legitimate concerns about the impact of inflation and interest rate rises on consumer spending in many key economies...
DP World expects slower growth in second half Acquisitions and high demand for storage boosted revenues in the first half. But global economic headwinds are likely to slow...
Ocean Freight Exchange hires five shipbrokers from BRS Ocean Freight Exchange is a data-centric artificial intelligence platform connecting shipowners and charterers
The Lloyd's List Podcast: Can Japanese gambling deliver autonomous shipping? What has the Apollo astronaut programme got to do with ageing Japanese seafarers and funding for autonomous shipping? Listen to...
ABS to study maritime use for nuclear propulsion The American Bureau of Shipping will develop models using different reactor technologies for maritime applications. It wants to develop an industry...
Australia's grain shipments remain stable in first half Australia is a major net exporter of agricultural products, including the type of products being disrupted by the situation in...
Daily Briefing One Hundred Ports: Congestion chaos overshadows volume recovery | Turkish owners lead way in lifting Ukrainian grain | Transpacific rates...
Singapore Airlines inaugurates 777 freighter service for DHL Express A partnership between DHL Express and Singapore Airlines is taking off following the delivery of a new Boeing 777 freighter.
SINGAPORE DATA: Residual fuel stocks climb 9% on week as imports soar Singapore's fuel oil imports soared 141.2% on the week to 1.145781 million mt in the week to Aug. 17.
ARA diesel, gasoil stocks rise 1.2% on week to 1.513 mil mt as low Rhine stifles buying Water levels along the Rhine - a key inland artery for the transportation of oil products and other commodities - have fallen to critically low levels in recent days, having been restrictive for several weeks.
Jurong Port, MHI, JERA to build ammonia combustion plant in Singapore The companies will conduct a joint study under the MOU for a 60-MW-class gas turbine combined cycle plant fueled 100% by ammonia.
REFINERY NEWS ROUNDUP: China's crude throughput down in July The country's four state-owned refiners trimmed run rates to about 73.5% in July, from 75% in June, marginally above a two-year low of 73.4% in May.
OIL FUTURES: Crude falls amid firm Russian output, economic concerns Market analysts said that continued Russian oil output and weaker demand growth could potentially limit oil prices this year and the market could be in a surplus until early 2023.
ARA fuel oil stocks rise 0.3% on week to 1.221 million mt: Insights Global Market participants said that recent EU sanctions may have caused 3.5%S FO Rotterdam barge Brent cracks to widen, with the crack spread at a two-and-a-half month high as of Aug. 12.
Fears of HSFO supply constraints emerge in Northwest Europe According to shipping data software company Kpler, no new Russian imports of 3.5%S FO have moved into the ARA region since Aug. 1. Previously, in the week beginning July 25, 1.05 million barrels of Russian product were delivered at the hub, comprising 89% of total imports.
European VGO loadings fall 20% on week to 152,513 mt Distillate hydrocracker margins have come under pressure as rising gas prices have led to increased hydrogen costs as well as elevated power costs. Therefore, run rates in secondary units such as distillates hydrocracker units will be affected by the price of gas.
BUNKERWORLD: Falls in crude set tone for mixed marine fuel markets * Strong supply weighs on Singapore VLSFO * ARA HSFO supply very limited * Strong diesel, crude supports US fuel oil
EU carbon price hits all-time high of Eur99.14/mtCO2e The latest gains came amid a short-term supply crunch with monthly auction volumes down to 24.1 million mt in August, dropping 43% from July levels.
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