Maersk Tankers adds hire from telecoms industry to leadership team Maersk Tankers has appointed Eva Birgitte Bisgaard as its Chief Commercial Officer (CCO), She comes to the company from Danish telecoms specialist TDC. Maersk Tankers says its moves to strengthen its services
First in new Navy tug series features Furuno electronics The first of the U.S. Navy's new YT-808 tugs, recently successfully launched by shipbuilder Dakota Creek Industries (DCI), Anacortes, Wash., is outfitted with a sophisticated package of Furuno Marine Electronics. YT-808 is
Viking delivers first of three ambulance boats for Greek Islands Esbjerg, Denmark, headquartered Viking Life-Saving Equipment has delivered its first Viking Norsafe Munin-S1200 ambulance boat to the Hellenic Coastguard. Stationed in Naxos, the largest of the Cyclades island group, the vessel is
Iranian forces board Greek-owned tanker U.S. Central Command yesterday tweeted a video showing Iranian forces seizing a tanker identified as the Wila. According to the Equasis data base, the ship is an 8,055 dwt Liberian registered products
Tanker operator Diamond S reports strong second quarter Greenwich, Conn.-headquartered Diamond S Shipping Inc. (NYSE: DSSI) has reported results for the second quarter of 2020 that included booking a net income of $45.7 million or $1.15 per basic share, compared
Shipbuilders Council announces safety award winners Each year, the Shipbuilders Council of America (SCA), the national association representing the U.S. shipyard industry, honors shipbuilding and repair organizations with the "Excellence in Safety" Award and "Improvement in Safety" Award
Concordia says subdued tanker market will be 'back on track' next year The Swedish company is looking at undisclosed "opportunities" to grow, its chief executive says
Grounding case highlights need for passage planning shake-up Possible reforms include better pre-sailing checks, verification by company shore teams, greater use of new tech such as big data...
World boxship fleet update: Flattening the curve Containerships on order now account for the lowest proportion of the existing fleet for decades and the lower growth rate...
Tankers de-flagged for using Iranian sanctions-busting tactic Extent and prevalence of new tactic can blindside US government agencies that have placed Automatic Identification Systems vessel-tracking at the...
Zim rolls out misdeclaration screening software Zim says its software will screen cargo for potentially hazardous misdeclarations, in a bid to tackle a problem that is...
IEA lowers oil demand forecast citing coronavirus upsurge The ongoing uncertainty around demand caused by the health crisis and the possibility of higher output means that the oil...
Teekay sees limited impact on operations from pandemic The US-listed company continues to work with industry and governments to alleviate the crew-change crisis
Carriers quizzed by China over transpacific rate surge Shippers' accusation of profiteering by carriers would only make sense if China was still a 'planned economy', said one executive
Boxships lead scrubber installations Despite an increase in the number of scrubbers being installed on new ships, the vast majority of the world's vessels...
Hong Kong tests port workers after coronavirus cluster Hutchison-operated Hong Kong International Terminals said they were taking stringent precautionary measures to ensure the health and safety of the...
Greek manager confirms vessel boarded by Iranian forces The combined chemical and product tanker Wila was boarded by Iranian military personnel and held for several hours before being released...
Cargo carrier runs aground in central Philippines No damage or oil spill has been reported following the incident, which comes as the Philippines is in the middle...
Marine gas oil with off-spec flash point detected in Singapore Many suppliers are blending fuels to achieve the required sulphur levels post-IMO 2020, with operators filling their tanks with such...
Daily Briefing Free to read: Chinese port congestion accounts for 40% of crude floating storage | Governments have created a crew crisis...
Hyundai Heavy wins Shell-linked LNG carriers The latest deal will push the total number of LNG carriers bagged by KSOE this year to six, slowly boosting...
Panama vows 'full co-operation' over grounded vessel Almost all the fuel oil has been removed from onboard the Japanese bulker Wakashio, which is grounded on a reef...
US says Iranian forces boarded tanker in the Strait of Hormuz The alleged Iranian action follows a report that the government of Pakistan last week seized an Iranian oil tanker in...
Supertanker double-whammy: Less volume, shorter hauls Asia crude drawdown slashes both the "tons" and the "miles" in the ton-mile equation.
South Carolina Ports sees signs of economic recovery The Port of Charleston reports its busiest July for vehicles handled.
Emirates gears up freighters for Beirut relief Emirates says it will deploy dozens of all-cargo planes to Lebanon with humanitarian aid in response to the port explosion in Beirut.
Russian airlines expand 737 freighter services ATRAN Airlines says increased online shopping has increased express air cargo traffic between Moscow and China's northern cities.
The Force is with the USPS The U.S. Postal Service doesn't move the mail by itself. It relies on many transportation and logistics contractors. Cargo Forceis expanding operations to assist with...
India's container space tightness seen easing in Sep as imports recover after lockdown September's available container capacity is expected to rise 7% on year, snapping six straight months of lower-than-usual capacities, eeSea said.
SINGAPORE DATA: July bunker fuel sales rise 8.58% on month to 4.16 million mt "We saw more inquiries in the last two weeks of July as buyers were afraid that crude oil prices would continue to increase," a trader said.
Eastward exports of low and very low sulfur fuel oil plummet in July In July, no LSFO/VLSFO traveled to Malaysia from Europe, after 1.72 million barrels, or 29% of exports, made the voyage in June.
External: Global Risk Management
INTERVIEW: VLSFO's shorter shelf life causing storage concerns: Veritas Petroleum "On average, the shelf life is around three months for 0.5%S very low sulfur fuel oils," Bee said.
TANKERS: Asia Aframax tankers market weakens as long-haul voyages dwindle The stubborn build-up of tonnage has kept sentiment weak for Aframaxes, sources said.
Japanese companies start R&D to use ammonia as bunker fuel R&D to focus on commercialization of an ammonia-fueled ammonia gas carrier, an ammonia floating storage and a regasification barge.
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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