Fugro brings high-efficiency geotech rig to U.S. for Atlantic Shores Offshore Wind Geo-data specialist Fugro is performing a third year of integrated site characterization services for New Jersey based offshore wind farm developer Atlantic Shores Offshore Wind. Geophysical, metocean and environmental scopes of work
How does U.S. waterways competitiveness stack up in world terms? A new study released today focuses on the current state of the U.S. inland waterways system and compares it to others from around the world. Commissioned by the National Waterways Foundation (NWF).
Bulker master arrested in Australian cocaine bust could face life sentence The 51-year-old master of the 38,763 dwt Marshall Islands flagged bulk carrier Interlink Veracity was arrested yesterday by the Australian Federal Police (AFP). The man, a national of Montegro, was expected to
Ship owner and operator enter guilty pleas in pollution case Empire Bulkers Limited and Joanna Maritime Limited, related companies based in Greece, pleaded guilty today to knowing violations of the Act to Prevent Pollution from Ships and the Ports and Waterways Safety
Two more Keppel O&M "legacy" jack-ups win charters Singapore's Keppel O&M has secured bareboat charters for two more of the jack-ups left on its hands due the termination of newbuild charters during the downturn im the oil and gas sector.
Polish RoPax trio will feature MacGregor RO/RO packages MacGregor, part of Cargotec, has been selected to supply comprehensive packages of RO/RO equipment for the three new LNG-fueled, hybrid-electric RoPax ferries on order at Poland's Remontowa Shipbuilding for the Polish ferry
CIT provides up to $30.5 million financing for Lomar Kamsarmax acquisitions New York City based CIT, a division of First Citizens Bank reports that its maritime finance business served as sole lead arranger on up to $30.5 million in financing to expand Lomar
Gothenburg takes delivery of fourth ferry powered by EST-Floattech battery system The public transportation agency for the Gothenburg, Sweden, region - Västtrafik - has recently a taken delivery of the hybrid electric ferry Eloise. Built by Finnish shipbuilder Työvene, the 33-meter, double-ended commuter ferry is
Military escort for grains out of Ukraine faces hurdles The UK's proposal to send warships to the Black Sea to ensure grains are able to be exported out of...
Croatia considers provenance and politics of suspected Iranian shipment A tanker suspected of carrying Iranian crude oil has been roaming the Adriatic for weeks awaiting a decision from the...
UK funds green innovation in maritime sector Mr Courts confirmed the second round of funding will be made available via the recently launched UK Shore agency
Diana rewards shareholders as profits leap US-listed company beats analysts' expectations for first quarter of the year earnings
Technology offers best solution for container crane safety Quay crane incidents make up a fifth of terminals' insurance claims. But most of the risk could be mitigated through...
Frontline pitches 'asset manager' advantage for Euronav tanker takeover 'We work more like asset managers optimising the portfolio of multimillion dollar investments, than traditional shipowners,' says chief executive Lars...
Bowsher defends West decision not to renew 20% of book 'A lot of people have said we have shrunk, but it depends on what measure you are looking at,' says...
Fronthaul container trade seen shifting to multi-year contracts Supply chain fragility, container lines' schedule unreliability and logistics logjams at US ports has underpinned a 10-fold increase in volumes...
Quad partnership to launch maritime visibility initiative National leaders at a summit in Tokyo have turned their attention to maritime security. New initiative will seek to track...
Turnkey LNG conversion concept shows promise More than 100 containerships could be potential candidates for the innovative liquefied natural gas conversion
Trafigura teams with Palantir to monitor carbon emissions Carbon emissions platform aims to increase visibility and accuracy of shipping emissions
Euroseas launches share buyback as profits soar Share price does not include amount of contracted revenue, says chief executive
Frontline tanker rates show quarterly gains of 44%-143% on oil volatility Owner and operator of 72 tankers reports significant quarter-on-quarter gain in chartering earnings as oil market volatility aids demand recovery
Indonesia's new sales rule for palm oil threatens supplies Price details and how much each producer needs to sell locally before being allowed to export have not been announced
BW Epic Kosan positive on LPG trade outlook Company flags market uncertainty because of Ukraine invasion and Chinese lockdowns impacting demand and logistics
Daily Briefing US seizes Iranian crude from Russian tanker arrested in Greece | MR tanker period charters gain 35% in three months...
FreightWaves part of CNBC's new Supply Chain Heat Map A new tracking analytic uncovers the undercurrents within the flow of trade.
Gulf Coast ports' April cargo volumes get boost from imports Gulf Coast ports continue to see strong demand for container and breakbulk cargo services during the month of April.
Jaxport ready for larger container ships The Jacksonville harbor deepening project "demonstrates Florida's unwavering commitment to strengthen and grow supply chains."
Polish trader Unimot eyes emerging opportunities to sell diesel into Germany In April, Unimot began leasing 127,000 cubic meters of storage capacity at Denmark's Gulhavn terminal and received its first delivery of diesel from Saudi Arabia in the second half of the month.
Crude in floating storage falls despite Russian oil on water reaching elevated levels For the week beginning May 23, Kpler estimates volumes of crude in floating storage at 89 million barrels, the lowest since April 3. The Kpler estimate is based on the volume of oil on tankers idled offshore for seven days or more.
REFINERY NEWS ROUNDUP: China's April throughput downs; Shenghong starts up The April throughput fell 8.6% from 13.85 million b/d in March, and was below the January-February average of 14.04 million b/d.
HONG KONG DATA: Combined gasoil, diesel, naphtha imports fall 54% on month in March Hong Kong has no refineries and imports all of its oil needs.
Singapore delivered marine fuel 0.5%S premium rises to 28-month high on tight supply Low sulfur fuel oil stocks have been squeezed since April as LSFO blending components were diverted to the gasoil market on account of the latter's better margins for the ultra-low sulfur fuel.
EC, US reaffirm urgency for 'decisive' action to reduce Russian imports The moves triggered renewed supply-side concerns, with European gas prices remaining high and volatile
Toyota extends plant shutdowns into June; scrap demand likely to be hit The plan is expected to weigh heavily on Japan's domestic steel demand, which in turn would pressure scrap demand.
HONG KONG DATA: Fuel oil imports fall 1.2% on year to 4.05 mil barrels in March The bulk of Hong Kong's fuel oil imports were sold in the bunker market as the city-state does not have fuel oil-fired power plants, except backup generators, market sources said.
OIL FUTURES: Crude prices waver on growth outlook concerns Global supply remains tight but China's COVID-19 lockdowns were curbing industrial and social activities in the region, relieving much of the pressure on demand.
- 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
