Holland America Line sells four ships Carnival Corporation's Holland America Line cruise brand has announced that Amsterdam, Maasdam, Rotterdam and Veendam will be leaving the fleet and transferring to undisclosed buyers. The ships have been sold in pairs,
House T&I Committee approves Water Resources Development Act H.R. 7575, the Water Resources Development Act of 2020 (WRDA), was reported out of the House Transportation and Infrastructure Committee today, drawing approval from both the American Waterways Operators (AWO) and the
Indian shipyard to build two autonomous freight ferries for Norwegian owner India's Cochin Shipyard Limited (CSL) reports that it has signed contracts for construction and supply of two autonomous electric freight ferries for ASKO Maritime AS, Norway, with an option to build two
Hudson River Cruises resumes sightseeing cruises Kingston, N.Y.-based Hudson River Cruises has resumed its Hudson Valley sightseeing cruises while following the Centers for Disease Control and Prevention (CDC) guidelines to provide a comfortable and safe environment for all
Cryopeak and Island Tug & Barge sign MOU on LNG bunkering Richmond, B.C., based Cryopeak LNG Solutions Corporation has signed a Memorandum of Understanding with Island Tug & Barge Ltd. to deliver LNG bunkering services in southwest British Columbia. Cryopeak and ITB have
VIDEO: Energy saving retrofit cuts passenger vessel fuel consumption by 24% Energy-saving retrofits are commonplace on large cargo vessels and cruise ships. But can they also make a significant difference on a small passenger vessel? Lausanne, Switzerland, headquartered CGN, which operates a fleet
Allianz: Coronavirus challenges could cause uptick in shipping losses Though large shipping losses are at a record low, having fallen by over 20% year-on-year, marine insurer Allianz Global Corporate & Specialty SE (AGCS) warns that the coronavirus crisis could endanger the
American Club manager makes key New York appointments Shipowners Claims Bureau, Inc. (SCB), the manager of the American P&I Club, has made senior appointments to its management team in New York. Dorothea Ioannou takes on the role of Deputy Chief
Allianz says shipping losses at record low 'We know from past downturns that crew and maintenance budgets are among the first areas that can be cut. It...
Qatar's LNG shipping arm boosts profit Doha-based Nakilat says there have been no disruptions to its business despite the 'ongoing challenges' of the coronavirus pandemic
Daehan lands Tsakos shuttle tanker order Portugal-based Galp said to be charterer behind project for up to three DP2 suezmaxes
GPS hacking remains a global threat GPS hacking is now a huge global concern, says a cyber expert. Until recently regarded as a priority for shipping...
'Illogical' airline inaction blocking Singapore crew repatriation Airlines told to step up and resume regular commercial flights as nearly 300,000 seafarers remain stuck on ships at sea...
LNG cargo cancellations forecast from US as demand drops The consultancy meanwhile expects a ramp-up in supplies of liquefied petroleum gas by the end of the year
Weekly briefing: Quiet optimism for containers, tanker earnings stabilise Loaded container volumes in the opening five months of the year were down but not nearly as bad as some...
American Club elevates Dorothea Ioannou American Club elevates Dorothea Ioannou to deputy chief operating officer. Club's managing outfit also appoints Molly McCafferty claims director for...
Gulf of Guinea now a piracy hotspot that threatens all seafarers, says report 'Violence against crews is a growing risk in a workforce already under immense pressure' - IMB director Michael Howlett
Vessel linked to Iran has been 'hijacked' The charity said the crew were home safe but did now say how they left the UAE.
Hapag-Lloyd optimistic for first half but sees 'prevailing high risk' Full-year guidance remains the same as earnings rise despite the background of the coronavirus pandemic
Dubai opens for crew changes Hotel stays are still not permitted for signing-off crew unless they have tested negative
EU halts South Korea merger probe again European Union officials have stepped in for the third time to halt the probe, with no rationale given for the...
MPC Container Ships turns to investors for restructuring Oslo-listed company seeking to ride out liquidity pressure as rates tumble against the backdrop of coronavirus
European container shortages ease, but imbalances remain Supply in northern range ports has stabilised, but in southern Europe containers shortages are still severe
Daily Briefing Free to read: Crew change commitment failing on the ground | From logistical puzzle to conundrum - the V.Ships view...
Methanol Institute joins China's marine fuel study China is the largest producer and consumer of methanol globally, with well-established use in various applications. This means there is...
Keppel agrees FPSO fabrication contracts with Modec Integration and installation work on the project in Singapore is scheduled for the fourth quarter of this year and delivery...
American Airlines warns of 25,000 job cuts American Airlines, United Airlines and Delta Airlines are planning for mass layoffs unless workers take unpaid leave or separation packages as COVID continues to batter...
Shipowners with shares worth pennies rake in millions Top Ships, Seanergy, Castor and Globus tap equity markets to buy vessels.
Amazon to build giant central Texas fulfillment center Amazon's Pflugerville fulfillment center will be located off State Highway 130, a rapidly expanding business corridor in central Texas.
South Carolina Ports volumes holding steady CEO Jim Newsome optimistic about economic recovery in 2021.
Virgin Atlantic secures emergency investment to fund operation Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
2021 AirCargo Conference will take off virtually With safety and travel logistics in mind, the annual AirCargo Conference, which draws up to 800 attendees, will take place online in 2021.
Middle East Gulf VLGC rates recover from multi-month low amid tighter tonnage Very Large Gas Carrier rates on the Persian Gulf-to-Japan route extended gains in the week that began July 12, with shipping sources attributing the recent recovery to a tightening of tonnage supply.
Argentina's Santa Cruz presses Sinopec to step up oil investment Kirchner said she wants the company to come to a decision in "the short term" on how to increase investment and activity.
US crude exports to Asia expected to slow even further US crude exports to Asia have fallen over the first half of July, and are set to fall further as fixtures for Suezmaxes and VLCCs -- larger vessels better suited for Asia-bound voyages -- have slowed amid tight arbitrage economics.
Appeals court temporarily stays Dakota Access Pipeline shutdown The DC Circuit Court of Appeals granted a temporary stay of the planned shutdown of the Dakota Access crude oil pipeline as part of an administrative action to give a three-judge panel more time to consider arguments in favor of keeping the pipeline open.
OPEC+ lauds oil price rebound as producers prepare to boost output OPEC and its allies will ease their record production cuts on schedule in August after they helped pushed oil prices back above $40/b from their historic lows in April, ministers said July 15, confident that recovering global demand will soak up the additional supply.
US commercial crude inventories plunge as imports hit 8-week lows US crude oil inventories moved sharply lower in the week ended July 10 amid plunging imports and steady refinery demand, Energy Information Administration data showed July 15.
OIL FUTURES: Oil settles higher as US crude draw offsets rising OPEC+ production Oil prices rallied on the back of the EIA report, which also showed US refinery demand gaining on the five-year average and a steady increase in refined product demand.
SPAIN DATA: Algeciras shipping throughput for May falls 20% on year Total numbers of ships passing through the port of Algeciras, Spain, in May fell 20.3% from May 2019's level to 8.091 million mt, the port authority reported on its website.
External: Global Risk Management
FUJAIRAH DATA: Oil product stockpiles drop for third straight week Light distillate stockpiles fell to 6.267 million barrels, the lowest since April 20.
Kogas, local partners to boost LNG bunkering in S Korea Kogas and its five partners will set up the LNG bunkering JV by October, a Kogas official told Platts.
HSFO Singapore/Fujairah spread narrows on strong Middle Eastern demand "[Cargoes] are heading for the Red Sea," said a fuel oil trader based in Singapore.
Singapore's high sulfur bunker fuel demand supported in H2 after record June sales "I wouldnt be surprised if HSFO [makes up] 25% of total bunker sales in Singapore by the end of the year with completing scrubber installations," a trader added.
Singapore HSFO viscosity spread falls to 8-month low on firm 380 CST grade demand The viscosity spread was last lower on November 8, 2019, at 12 cents/mt.
- 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
