St Kitts and Nevis to provide berths for two Royal Caribbean vessels The Federation of St Kitts and Nevis today outlined the process to be used for safely harboring two Royal Caribbean vessels this week. Minister of Tourism, Lindsay Grant, told a press conference
Scienco/FAST adds InTank BWTS to its product line St. Louis, Mo., based water and wastewater treatment systems specialist Scienco/FAST has acquired the InTank Ballast Water Treatment System developed by Envirocleanse, a division of Charter Brokerage, LLC, a Berkshire Hathaway Company.
Phyllis Hardin becomes the first woman to chair the Arkansas Waterways Commission The Arkansas Waterways Commission has appointed Phyllis Harden to succeed as Marty Shell as Chairman. Harden is primarily responsible for Legislative and Special Projects for Pine Bluff Sand and Gravel Company where
Mauritius: Bow of grounded bulker to be towed out to deep water The bow of the grounded bulk carrier Wakashio is to be towed to 8 nautical miles from the outer limit of the reefs that almost completely surround Mauritius to water 2,000 meters
Chevron Marine Lubricants assesses impacts of 2020 fuel switch Chevron Marine Lubricants has published a new white paper on its experiences working with new fuels and lubricants after over half a year of low-sulfur fuel operations following the implementation of IMO
L&L Marine takes delivery of Thordon-equipped towboat Recently delivered to L&L Marine Transportation, Harvey, La., by Rodriguez Shipbuilding Inc., Bayou La Batre, Ala., the 1,600 hp towboat Amelia Ray is now operational with a full range of Thordon oil-free
Conrad reports profitable half-year and bigger backlog Morgan City, La., headquartered shipbuilder and repairer Conrad Industries, Inc. (OTC Pink: CNRD) has reported its second quarter and six months 2020 financial results and backlog. For the quarter ended June 30,
Eastern delivers second RApport 2400 Z-drive tug to Bisso Offshore Eastern Shipbuilding Group Inc., Panama City, Fla., recently delivered the M/V A. Thomas Higgins, the second of two 80-foot 5,100 HP Z-drive tugs, to Bisso Offshore LLC, a division of E.N. Bisso
Two Wakashio crew were on board for more than a year The actions of Wakashio's crew during the three-hour period when Automatic Identification System vessel-tracking showed it deviated from a major...
Rusting Yemen tanker threatens to dwarf Mauritius spill The International Maritime Organization is drawing up a response plan in case of an oil spill from Safer, which would dwarf...
Compensation for Wakashio spill could be capped at only $18m While still too early to assess the full extent of the clean up costs and pollution damages, the impact on...
Torm open to consolidation after profits jump Danish company Torm is looking to replace its vessels when the time is right as part of its fleet renewal...
Shipping's reskilling revolution is a long way off The painful experience of this year's crew repatriation crisis will inform the BIMCO/ICS seafarer survey. However, the industry needs to...
Not all is well with the 'consensual' restructuring of Xihe Group While OCBC is the only lender so far to have backed a judicial management filing against Xihe, its move has...
After Wakashio, is the Bunker Convention fit for purpose? What has happened in the Indian Ocean provides confirmation that increased payouts cannot come soon enough, and governments of coastal...
Investigations to determine cause of Wakashio disaster could take months Various investigations will need to be completed to determine the cause of the Wakashio grounding, which could take a considerable...
Gold Star Lines launches new Vietnam service The new service will add to Zim intra-Asia specialist Gold Star Lines' other services from Vietnam and provide greater connectivity...
Hong Kong port coronavirus cluster expands The cases have spread from workers sharing temporary accommodation that was used for rest breaks and as changing rooms
Daily Briefing Free to read: Pandemic impact 'definitely not over', says Hapag-Lloyd chief | US seizes Iranian gasoline on Greek-owned tankers |...
China's Fujian province moves to consolidate regional ports Fujian is the latest Chinese coastal province that has followed the call of policy makers in Beijing to integrate their...
Stock regulator criticises Yingkou Port for fund embezzlement The punishment was reduced because YPG had shut down the finance subsidiary and returned the misused funds, said the regulator
Q&A: COVID, the rise of China, and the future of ocean shipping COVID-19 could ignite geopolitical clashes and cause "meltdown" in U.S. consumer demand.
British Airways starts sunsetting 747 fleet The first of 31 giants of the sky in British Airways' fleet says goodbye.
Air Transport Services Group starts business to train pilots Air Transport Services Group is becoming a one-stop service shop for outsourced airline services, especially for cargo operators.
Career Tracks: Maersk veteran picked to lead Westwood Shipping Jack Mahoney will take over for the retiring Guy Stephenson.
IN THE LOOP: Major Chinese players ramping up US crude buying State-owned Chinese oil refiners have returned to buying US crude oil for September-loading and the expected volume should exceed the last peak buying spree seen in May, according to traders.
TAIWAN DATA: Jun oil product demand, crude throughput down 4% on month Taiwan's consumption of key oil products -- LPG, naphtha, gasoline, jet fuel/kerosene, diesel and fuel oil -- totaled 754,000 b/d in June, falling 4% from May.
REFINERY NEWS ROUNDUP: European refiners report lower runs in H1 European refiners reported lower rates in the first half of the year.
LSGO futures net speculative length down from 6-month high Speculative net long positions in ICE low sulfur gasoil futures fell 1,117 contracts to 66,221 in the week to Aug. 11, slipping back slightly from a six-month high, according to Intercontinental Exchange data.
OIL FUTURES: Oil settles higher amid improved demand outlooks Crude futures settled higher Aug. 17 as fundamental outlooks improved amid ramped-up China crude purchases and a compliance-focused OPEC+ agenda.
FEATURE: US refiners accelerate plans to reconfigure plants Facing demands for cleaner energy, some US refiners have accelerated plans to reconfigure plants even as questions remain about demand recovery from the coronavirus pandemic.
RUSSIA DATA: Sep crude export duty to rise 1.3% to $6.48/b The export duty on Russia's Urals crude and other blends not subject to the country's more favorable tax rates has been set at $47.50/mt for September, up 1.3% from $46.90/mt for August, the finance ministry said Aug. 17.
REFINERY NEWS: Japan's JGC Corp to complete Iraq's Basrah refinery upgrade by 2025 Japan's JGC Holdings Corporation has announced that it has officially received the letter of award for upgrading Iraq's 210,000 b/d Basrah refinery in Southern Iraq, with the scheduled completion date of refinery upgrade slated for 2025, the company said in a statement on its website.
Denmark's Torm rides strong tanker rates, positive going into Q3 Danish product tanker group Torm, reporting excellent second quarter results, said Aug. 17 the first six months of the current year had been driven by strong tanker rates and that it was confident of a positive performance in the third quarter.
Fujairah bunker volumes edge up in July after hitting lowest this year Bunker volume at the Port of Fujairah in July rose 1% on the month after hitting a seven-month low in June, according to a report seen by S&P Global Platts.
July container volumes at Singapore port down 6.8% on-year Container throughput at Singapore port fell 6.8% year on year to 3.01 million twenty-foot equivalent units (TEU) in the month of July, data released by Maritime and Port Authority of Singapore said.
Europe and Africa residual fuel -- key market indicators Summer lulls continue to impact market activity in the European fuel oil markets, while demand in the end-users bunkers market saw a marginal uptick in Europe last week.
Belarus turmoil unlikely to affect Ukrainian diesel prices, analyst says Ukraine's diesel fuel prices are not likely to be affected by political turmoil in Belarus, one of its main suppliers, due to abundant stocks, Serhiy Kuyun, the head of the A-95 energy analysis firm, said Aug. 17.
Iran inks contracts to expand production capacity by 180,000 b/d Iran's state-run companies have signed 13 contracts with local contractors that aim to raise oil production by over 180,000 b/d, as part of the country's policy to be in a position to regain lost market share once sanctions against its energy sector are lifted, oil minister Bijan Zanganeh said at the signing ceremony Aug. 17.
Around 3,000 mt bunker fuel recovered from Wakashio post spill: Japan's MOL Japan's Mitsui O.S.K. Lines, Ltd., or MOL, said Aug. 16 around 3,000 mt of bunker fuel oil onboard the bulk carrier Wakashio had been recovered and transferred to small tankers by Aug. 12, while the remaining around 1,000 mt had leaked off the Mauritius coast.
VENEZUELA DATA: PDVSA, partners producing 442,000 b/d of crude Crude production by PDVSA and its international partners increased to 442,000 b/d, according to technical reports dated Aug. 15 reviewed by S&P Global Platts.
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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