NSRP funds panel project on automated detail planning The National Shipbuilding Research Program has awarded funding for a panel project on Automated Detail Planning and Instant Earned Value Control. The panel members are Netherlands-based Floorganise BV and ShipConstructor Software USA,
Two FMC Commissioners seek rapid testing and priority vaccination for maritime labor Two Federal Maritime Commissioners, Carl W. Bentzel and Daniel B. Maffei, are urging that rapid COVID-19 testing be made available as soon as possible to the essential U.S. maritime labor force, whose
NASSCO wins $100 million Navy order General Dynamics National Steel and Shipbuilding Co, San Diego, Calif., has been awarded a $100,040,336 contract for the execution of the a Whidbey Island-class dock landing ship USS Comstock (LSD 45) fiscal
OSG takes delivery of second 204,000 barrel barge The Greenbrier Gunderson shipyard in Portland, Ore., has now delivered the 204,000 barrel capacity oil and chemical tank barge OSG 205, to Overseas Shipholding Group, Inc. This is the second tank barge
UK P&I Club launches Global Crew Change Advice manual The UK P&I Club has launched "Global Crew Change Advice," a comprehensive manual that outlines current challenges and issues regarding crew changes in ports throughout the world. The UK Club worked with
Hedda Felin named CEO of Hurtigruten Norway Hurtigruten Group has appointed Hedda Felin as CEO of Hurtigruten Norway, where she will will assume her new role on March 1, 2021, taking the helm of Hurtigruten's iconic coastal Norway operations.
RightShip's new chief executive sets out his data-driven agenda The evolution of ship quality assessment organisation RightShip has had its challenges over recent year but what has emerged is...
UK P&I Club issues crew change rules guide The UK P&I Club has released an A-Z guide of coronavirus restrictions in ports around the world. It hopes the...
Glencore to cut emissions through coal assets depletion The commodities trading house aims to become carbon neutral by 2050 mainly through the natural depletion of its coal assets...
Do box shipping's safety standards stack up? The loss of containers from ONE Apus is an unwelcome event. Attention needs to turn to how containers can be...
Shipping pledges to cut plastic waste The chamber has urged companies to ban single-plastics by the end of 2021 to help cut ocean waste. Its new...
French diesel imports at 2020 low as lockdown curbs demand Middle distillate imports seen at 300,000 barrels per day in November, surpassing April low of 340,000 bpd, according to data...
Opec deal signals tougher start to 2021 for tanker owners Addition equates to one more aframax loading daily, offering little cheer for owners contemplating 140 fewer tankers exporting crude each...
Economic outlook: Gravity of global economy is rapidly moving east The coronavirus pandemic has produced the deepest recession since the Second World War, disrupting economic activity, travel and supply chains...
Nordic hull: Secrets of Scandinavian success 'You have the world's best centre of marine insurance, and you do things better than us in some areas. It's...
Watch the 2020 Greek Shipping Awards The Lloyd's List Greek Shipping Awards took place on Friday, December 4. Rewatch the entire virtual event on Lloyd's List
Top 10 box port operators 2020 PSA's Peter Voser tops our regular rankings rundown of the global port operators. The Singaporean port operator stands head and...
Daily Briefing Free to read: China's shipping groups criticise EU carbon trading scheme | Vehicle carrier deliveries to drop in coming years |...
Manitoulin acquires third US freight forwarder The freight-forwarding arm of Canada's Manitoulin Group has bought Chicago-based World Wide International Logistics, its third acquisition in the United States.
Trans-Pacific box boom likely to last until March - or longer There will be no letup in booming container imports in 2020. The only question now is how long it lasts into 2021.
Kuehne + Nagel expands aerospace logistics offering to freighter conversions Retrofitting a passenger plane to operate as a heavy cargo plane is a big engineering job that requires many new parts and disposal of old...
FMC commissioners want maritime workers on COVID-19 vaccine priority list Port communities in LA, Charleston and Philadelphia already at risk, officials assert.
SINGAPORE DATA: Residue stocks rise 7% to nearly 26 mil barrels on higher fuel oil imports Singapore's commercial onshore residue stocks edged 7.13% lower week on week to 25.751 million barrels, or 4.06 million mt, in the week to Dec. 2 amid a 27% surge in fuel oil imports, Enterprise Singapore data showed Dec. 3.
Med 0.1% gasoil cargoes hit 11-week high against NWE on tight supply Mediterranean 0.1% gasoil cargoes have climbed to their highest premium to their Northwest Europe counterpart due to tight supply in the region from low refinery run rates and a lack of Black Sea exports, sources said.
Offshore oil-exporting terminal Texas GulfLink receives key draft environmental review The little-known Texas GulfLink project led by upstart Sentinel Midstream arguably took the lead in the now-stalled race to build offshore crude exporting terminals in Texas after becoming the first such project to receive a draft environmental impact statement from the federal government.
OIL FUTURES: Crude price rally extends amid US stimulus hopes, weaker dollar Oil prices settled higher Dec. 4 as optimism surrounding US federal stimulus negotiations and a weaker dollar offset pandemic-driven demand concerns.
MARINE FUEL 0.5%S: Improving demand prospects push prices to highest since March Global marine fuel 0.5%S markets saw increased prices and premiums to crude in November, and though the global economic recovery has helped, some concerns remain about whether an increase in run rates among refiners in coming months, causing another supply overhang.
Panama Canal Authority to consider adding additional booking slots for LNG tankers The Panama Canal Authority may add additional reserved LNG transit slots in the future to address the increase in US exports via the shortest route from the Gulf Coast to the key East Asia import market, the agency said Dec. 4.
USGC No. 2 gasoil drops past two-month low US Gulf Coast No. 2 gasoil fell Dec. 4 to its lowest level in more than two months, pressured by little demand to ship up Colonial Pipeline.
Drybulk shipping feels the pinch after big scrubbers bet: analysts **Almost half of dry bulk new builds fitted with scrubbers in 2020: BIMCO **Payback time for scrubbers has widened to 4-6 years **Scorpio Bulkers selling assets after unsuccessful scrubber foray
UK government needs to invest in EV battery production to meet climate targets **EV adoption continues, battery capacity lacking **10-point plan seen as political tactic **'Outlook bleak' without battery factories: Cornish Lithium
RUSSIA DATA: Novorossiisk, Primorsk Jan-Oct freight turnover falls 21.9% amid constraints **Coronavirus weighs on crude demand **Crude transshipment falls 32% on year **Russia liquid bulk turnover down 10.2%
REFINERY NEWS: Puertollano concludes month-long maintenance **Hydrocracker maintenance was broadened to other units **Company previously said it planned maintenance on petrochemical units
ARA fuel oil stocks fall 11.4% on week to 1.304 mil mt: Insights Global **Players work down inventories for year-end **More supply than buying interest in market
European VLSFO backwardation hits nine-month high The European very low sulfur fuel oil market has hit nine-month high as product comes to the market ahead of year-end.
UK raises climate ambition to cut emissions by 68% by 2030 **UK ups target from previous 53% emissions cut **UK urges world leaders to raise ambition ahead of summit **New target follows UK's 10-point green revolution plan
Bad weather halts bunker operations at Gibraltar: port authority All bunkering operations at the port of Gibraltar have been suspended due to adverse weather conditions, Gibraltar's Bunkering Superintendent said.
Bunkerworld Index: Prices keep rising amid signs of bullish sentiment **Fujairah, Singapore traders optimistic demand will rise **Novorossiisk tightens on reduced refinery output **Latin American demand supported by sentiment from vaccines
REFINERY NEWS: Explosion, fire breaks out at S Africa's Engen refinery **Company to update later on Dec. 4 **Refinery had resumed operations after halting for poor demand
Hong Kong Dec 0.5%S marine fuel differential inked at minus $3-$5/mt, unchanged from Nov **Quarantine weighs on Hong Kong demand **Suppliers buying increasingly on spot, less on term-basis
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