Carboline offers free online coatings education classes St. Louis, Mo., headquartered coatings specialist Carboline is offering a series of free online trainings. The company has always been committed to advancing education in thecorrosion industry and says it wants to
ABS and Chouest carry out first-ever remote DP/FMEA Utilizing Edison Chouest Offshore's Remote Monitoring Center (RMC), ABS has performed the first ever remote Failure Mode Effect Analysis (DP/FMEA) as part of completing the special survey of the machinery of Chouest's
Nautican product line continues under new ownership Outbound Engineering Group LLC, Seattle, Wash., has taken ownership of the intellectual property and equipment of marine propulsion system specialist Nautican Research & Development Ltd, and will continue the Nautican marine product
Bernhard Schulte Shipmanagement appoints new head of communications Hamburg, Germany, headquartered Bernhard Schulte Shipmanagement (BSM) has appointed Stefan Beeg as Head of Communications. Based in Hamburg, Beeg's role is to drive all corporate and marketing communications activities of BSM. Prior
DNV GL remote approach to machinery planned maintenance speeds surveys Classification society DNV GL says that with its new remote approach to machinery planned maintenance, Machinery Maintenance Connect (MMC), instead of requiring surveyors to travel to each individual vessel and go onboard,
MSC CEO: We have to keep the world moving Diego Aponte, CEO of Mediterranean Shipping Company (MSC), the world's second largest container shipping line, has written an open letter that spells out some of the steps the company is taking in
Japan's shipbuilding dispute with South Korea rages at WTO A meeting between the two countries failed to resolve the ongoing dispute over South Korea's assistance to its shipbuilding industry
Ferry operators call for bailout as crisis mounts Freight transport is keeping some ferry companies afloat, but they warn it will not be enough to make up the...
Oil production curbs arrest surge in floating storage charters Short-term time charter deals are unlikely to immediately materialise this week as everyone in the oil industry waits to see...
EU suspends separate shipyard merger probes The European Union has halted its investigations into two shipyard mergers amid the coronavirus outbreak, which has prevented the companies...
Forwarders battle to find alternative transport solutions As carriers cut capacity, forwarders are struggling to get goods transported
Maersk extends crew change prohibitions The company had originally banned crew changes of its vessels until April 14. It has now prolonged this until May...
Grimaldi pledges support for UK flag as Brexit forces ACL ships to quit Grimaldi Group joint managing director Emanuele Grimaldi promises no jobs will be lost in the UK when ACL ships are...
Big rise in Nordic marine premiums Last year 'marked an end to three exceptionally benign claims years, with the impact of large claims returning back to...
UAE to gradually lift crew change restrictions Crew changes have been prohibited in the UAE as a measure against the coronavirus, but the country now says it...
K Line-owned containership hits berth in Busan One crane completely collapsed while another four were knocked off their rails
Maritime in talks with airlines to repatriate seafarers The solution is to find key ports that are close to airports that are big enough that they are able...
Box lines face major losses if rates fall Carriers risk losing eight years of profits in one year if rate discipline collapses
Daily Briefing Free to read: Bankers go easy on owners as coronavirus bites | Chinese lessors warn on rising shipping defaults |...
BRS sees more sustainable dry bulk market in second half BRS says it is cautiously optimistic for the balance of 2020, with the risk-reward balance heavily skewed to the upside...
Teekay LNG wins charters for two tankers Teekay LNG has also secured refinancing of its existing $225m unsecured revolving credit facility from 13 international banks
LNG heavyweights team up on hydrogen and ammonia studies Australia's top LNG producer, Woodside, and the world's largest single LNG importer, Jera, have teamed up on one study to...
Aponte sets out MSC action to keep trade flowing 'As an essential cog for global trade, it is imperative that we, together with our customers, keep the world moving...
Labour dispatch halls may need reconsidering amid health crisis Current efforts may not be enough, as underscored last week when a terminal at the port of Los Angeles had...
Maritime tech startups face coronavirus cull VC funding has evaporated, wooing new customers is extremely difficult and existing customers' focus has changed.
Alaska Airlines answers call to action for face masks (with video) Alaska Airlines is supporting the 100 Million Mask Challenge with its freighter capacity.
Container lines scramble to avert 'life-threatening' COVID-19 losses Carriers slash even more ocean services in bid to prop up rates as demand crumbles.
Trump encourages imports for coronavirus relief, while stopping US exports The Trump administration is working to accelerate deliveries of medical supplies from overseas to address shortages at healthcare facilities around the U.S., but doesn't want...
MARINE FUEL 0.5%: Sluggish demand, ample supply mar near-term outlook The marine fuel 0.5% market is unlikely to see any significant rebound from prevailing levels due to lackluster demand coupled with abundant supply.
Asian refiners cut runs, shut down as demand destruction intensifies Facing limited demand for oil products due to the coronavirus pandemic, refineries in Asia and across the world are increasingly cutting throughput and shutting down.
INTERVIEW: Rojgaard says wider variety is new frontier of VLSFOs Key variables, such as viscosity and density, in new IMO 2020-compliant bunker fuels mean those handling them must be prepared, but many of the challenges are familiar, according to fuel testing agency Bureau Veritas.
Rapidly rising floating storage reserve could take years to clear Oil storage is about the only thing in demand in the crude market right now, with the coronavirus pandemic obliterating consumption and forcing producers and traders to store more oil on the water as land-based facilities near tank tops.
CONTAINER SHIPPING QUARTERLY: Supply issues loom amid coronavirus pandemic The container shipping market is largely braced for a tough quarter, with the global slowdown resulting from the coronavirus outbreak creating a range of logistical issues.
Brazil's Braskem reports $708 million quarterly loss After delaying its earnings release twice, Braskem reported net loss of $708 milliono in the fourth quarter of 2019 on Friday, saying the result was affected by provisions to cover financial compensation due to suspended operations at chlor-alkali and ethylene dichloride plants in Alagoas.
USGC middle distillate flows to Europe slow amid talk of Europe exports to USAC Around 270,000 mt of US Gulf Coast middle distillate shipments was scheduled to arrive in Europe in April as of Monday, with around 210,000 mt bound for Northwest Europe and 60,000 mt bound for the Mediterranean, data from Platts cFlow, trade flow software, showed.
Argentina's PCR, YPF suspend crude supply deal as demand falls Argentinian oil producer Petroquímica Comodoro Rivadavia said Monday its crude supply contract with state-backed YPF has been suspended as a coronavirus-related lockdown of the economy depressed demand for petroleum products.
G20 has little to gain from OPEC+ oil cuts deal G20 energy ministers have agreed to hold an emergency meeting on Friday to discuss global collaboration with OPEC+ oil production cuts. Boosting the price of crude is an economic imperative for members such as Saudi Arabia and Russia, but the majority of the group of major economies arguably have more to lose supporting any action by the cartel.
US crude stocks to build as refiners cut runs amid COVID-19-hit product demand US crude inventories likely moved higher last week as refiners cut runs in response to an historic decline in gasoline demand, an S&P Global Platts Analysis showed Monday.
OIL FUTURES: Crude prices fall as stock markets soar NYMEX crude oil plunged by 8% on Monday, despite a bullish day on Wall Street as the Dow Jones Industrial Average jumped by nearly the same percentage and rose more than 1,600 points.
Oil output cuts inevitable but tanker storage reservoir will remain
SHIPPING Q1: Surge in tanker rates on oil storage unlikely to continue beyond Q2 Given the magnitude of the jump in rates in Q1, market participants said the uptrend was unsustainable
Singapore Marine Fuel 0.5% bunker premium slumps 31% in March on plunging demand "Tankers are still seeing good demand and higher freight rates but container lines are suffering," said a shipowner.
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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