AWO holds webinar on helping crewmembers engage with TSMS The American Waterways Operators (AWO) presented a webinar February 25, on "Safety Know-How: Helping Your Crewmembers Embrace and Understand Your TSMS." Panelists included Cmdr. Jennifer Hnatow, chief of the U.S. Coast Guard's
ClassNK releases new CBM guidelines To promote the use of Condition Based Maintenance technology, classification society ClassNK has released CBM guidelines that explain the society's revised rules for using CBM in class surveys. CBM - a method
Celebrity Edge sails with all-female bridge and leadership team After a week of downbeat news from the cruise industry, here's one positive story. In what's claimed as a first in maritime history, Celebrity Cruises' Celebrity Edge departed Port Everglades yesterday with
Qatar shipyard to add new floating dry dock Milaha (Qatar Navigation Q.P.S.C) is to expand its facilities with the acquisition of a new floating dry dock to support vessel repair and dry docking. The dock is set to arrive at
PODCAST: Why LNG-as-fuel is making waves In Marine Log's latest Listen Up! podcast, Tim Herman, President of Pivotal LNG, and Tim Casey, President and CEO of Polaris New Energy, talk about why so many vessel operators are switching
Shearwater Geo enters deepwater OBS market with U.S. GoM award Shearwater GeoServices Holding AS reports it has been awarded a major Ocean Bottom Seismic (OBS) deepwater ROV project by TGS and partner in the U.S. Gulf of Mexico. This will be Shearwater's
HFW unveils promotions to partner and legal director levels Firm has more than 200 shipping lawyers and master mariners across the Americas, Europe, the Middle East and Asia-Pacific, specialising...
Marine broker Aon buys rival Willis Towers Watson for $30bn The new Aon will have 95,000 staff and combined equity value of about $80bn
Floating storage economics improve as oil contango widens Oil prices have slumped 35% sending shockwaves through global markets already reeling from dwindling demand due to warm winter conditions...
Terminals axe shore leave as coronavirus alarm mounts 'People are closing ports but not airports or land borders. Seafarers are facing stigma, and it's without any reason,' claims...
World boxship fleet update: Idle vessels returning to service could upset market balance Boxship fleet growth goes into hiatus during coronavirus outbreak
Industry pushes governments for bunker licensing schemes In another attempt, industry groups asks governments to introduce the measure to boost fuel quality and safety
IEA anticipates first drop in oil demand in over a decade amid coronavirus The International Energy Agency's chief accused those responsible for crude oil price plunges of playing 'Russian roulette' with the oil...
Maritime fingers on the economic pulse CMA CGM's Rodolphe Saadé expects cargo volumes to be back to normal by the end of the month, thereby taking pressure...
Oil price war adds to tanker market volatility Oil prices have slumped 35% following the failure of Opec+ talks to rein in production, with Russia and Saudi Arabia...
Blanking figures show impact of coronavirus beginning to ease Cancelled sailings are set to return to normal levels in the coming weeks as supply chain eases up
Clarksons braces for coronavirus impact The company remains confident about its medium-term market prospects, but expects a hit from the coronavirus during the first half
Daily Briefing Free to read: Cashflow critical to liner shipping carriers | EU commissioner wants to abolish bunker tax exemptions | The...
CSSC (HK) seals feeder ship sale-and-leaseback deal with Sinokor The deal will strengthen the group's leasing business and is consistent with its overall business development strategies
Cruiseship infected with coronavirus heads to port of Oakland California governor Gavin Newsom expected the operation to take up to three days but he emphasised that the situation was 'fluid' and...
Judge reduces damages award against ILWU to $19m from $96m ICTSI Oregon president and chief executive Elvis Ganda issued a statement saying that the company is pleased Judge Simon upheld the jury's findings against ILWU but disappointed that the...
Saadé defends CEVA acquisition as central to CMA CGM's growth prospects While acknowledging that he was concerned about the impact of coronavirus on the European and US economies, the CMA CGM...
China port operations returning to normal Although the number of new coronavirus cases in China is dropping, shipping lines are still canceling sailings in response to expected low demand.
USTR faults China for continued WTO obligation shortfalls "China has continued to embrace a state-led, mercantilist approach to the economy and trade, despite WTO members' expectations," the Office of the U.S. Trade Representative...
Port of New York and New Jersey chief tests positive for coronavirus Gov. Andrew Cuomo announces Rick Cotton is under quarantine and some port authority staffers will be tested.
Commentary: Data shows maritime trade being restored CNBC's Lori Ann LaRocco writes about the ramping up of manufacturing in China, and the subsequent ramping up of cargo headed to the U.S. via...
What crude price collapse means to ocean shipping Here's why tanker stocks are rising as the rest of the U.S. stock market is crashing.
CBP pulls counterfeit electric toothbrush heads from supply chain The fake Oral-B toothbrush heads, which arrived at Philadelphia airport from Turkey, were likely made in "unsanitary facilities with substandard materials," U.S. Customs and Border...
Asian gasoline set to plunge to 4-year lows as crude plunges: sources Asian gasoline market participants displayed highly risk-averse behavior during the Asian morning trade session on Monday, amid increased volatility from the plunge in global oil markets over the weekend that sent Asian gasoline values to open at its lowest in nearly four years, industry sources told S&P Global Platts.
USGC middle distillate exports to Europe rise to 890,000 mt in March: data At least 890,000 mt of US Gulf Coast middle distillate shipments are currently scheduled to arrive in Europe in March as of Monday, with 530,000 mt bound for Northwest Europe and 360,000 mt set to arrive in the Mediterranean, data from S&P Global Platts cFlow trade flow software showed.
IEA slams oil market 'Russian roulette' move to kill US shale The International Energy Agency on Monday slashed its oil demand forecasts for the current quarter and full year due to the coronavirus crisis, as its executive director, Fatih Birol, denounced certain countries for using the situation to try to "kill" the US shale industry.
Prices tumble more than $10/b as market share battle extends selloff Crude futures tumbled more than $10/b Monday as Saudi Arabia slashed official selling prices, extending a selloff that has largely been in place since late January.
Oil price crash to spur storage plays; tanker owners upbeat As oil prices continue to crash dramatically, oil traders are looking to hold more barrels in storage to cope as the oil markets face a supply glut caused by a lack of OPEC+ cuts and the impact of coronavirus on oil demand.
Singapore jet fuel plummets to four-year low on crude plunge, paralyzed demand The value of spot Singapore jet fuel cargoes nosedived to a fresh four-year low Monday, dragged down by plummeting values in the upstream crude arena coupled with diminishing demand from the downstream aviation sector.
HSFO crack trades above minus $10/b for first time since July High sulphur fuel oil cracks traded above minus $10/b during European trade Monday for the first time in eight months, as limited production and sustained demand for HSFO outside the bunker pool kept prices relatively buoyant.
Dated Brent falls below $40/b Monday for first time since April 2016 S&P Global Platts' key Dated Brent benchmark fell below $40/b for the first time since April 2016 Monday.
Offshore US crude export projects at risk as oil price tumbles The US Gulf Coast may no longer require as many deepwater crude export terminals to move barrels around the world now that oil prices are tumbling amid pandemic fears and a new market share fight between Saudi Arabia and Russia.
Asian middle distillates pause to take stock of crude dive; bearish outlook persists Traders and analysts expect exports from the key China market to hit record highs in March as demand struggles to recover
Euronav buys another scrubber-fitted VLCC for IMO 2020 compliance The modern eco-VLCC is due for delivery in Q1 2021.
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