Boston Ship Repair wins $14.3 million Navy contract Boston Ship Repair LLC, Boston, Massachusetts, has been awarded a $14,358,866 firm-fixed-price contract for a 90-calendar day shipyard availability for the overhaul drydocking availability of USNS John Lenthall (T-AO 189). Work will
$10 million STEMHO expansion will create 100 jobs VT Halter Marine's maintenance and repair sister company ST Engineering Halter Marine and Offshore, Inc. (STEHMO), is expanding in Pascagoula, Miss., adding dock space and water depth adjacent to its Bayou Casotte
MARAD awards $280 million in Port Infrastructure Grants The U.S. Department of Transportation's (USDOT) Maritime Administration (MARAD) last week announced that it has awarded more than $280 million in discretionary grant funding through the new Port Infrastructure Development Program. The
George R. Duclos passes at age 86 Gladding-Hearn Shipbuilding, Duclos Corporation, Somerset, Mass., reports that George Raymond Duclos, age 86, died peacefully on February 15, 2020 surrounded by his family. Born in 1933 , George Duclos joined Gladding-Hearn Shipbuilding
Qatar's emerging cluster wants to be taken very seriously The lasting impression from this first Maritime and Logistics Summit is that Qatar has developed a regional presence that shows...
Coronavirus weighs on outlook for Glencore and Golden Ocean 'We haven't had any cancellations in shipments, we have not had any delays in opening letters of credit across most...
Ships poised for new CO2 measures in 2022 Once again, the IMO will discuss measures to reduce carbon intensity for ships next month, with proposals indicating that ships...
Coronavirus: P&I will cover seafarer illness and death, Standard Club confirms 'If there were an unfortunate incident with a seafarer who contracted the virus, then class cover would respond in the...
From the News Desk: How is the coronavirus affecting shipping? Spot rates in container shipping markets have weakened substantially despite an increase in blank sailings by carriers, while the volume...
China port calls slump below last year's trough Empty container supply building up in China as exports remain constrained
EU competition regulator warns shipping that consolidation can only go so far Remedies to distortions to competition from future mergers may not be sufficient in the future, says the director for transport...
China offers more tariff cuts on US goods amid coronavirus gloom Move comes as Beijing pledges to spend an extra $200bn on purchases from the US - which includes $78bn on...
MISC upbeat on petroleum shipping business MISC warns that the coronavirus outbreak has posed risks to the oil and tanker market and it could face short-term...
Daily Briefing Free to read: EU shipowners nervously eye growing Chinese ownership | Tanker at centre of Venezuela power struggle over crude...
Asian Bulk Logistics-backed transhipper seals contract in Guinea Shi.E.L.D. will manage and operate the Asian Bulk Logistics-owned vessel to facilitate bauxite exports in Guinea
Coronavirus: China strives to bring back truck drivers as port logjam persists As part of a set of measures designed to clear the logjam of goods piling up at Chinese ports, a...
Qatar delays LNG expansion plans A delay should reduce near-term contracting competition for US projects, Stifel noted
Nakilat posts highest-yet net profit in 2019 The chairman cited favourable market conditions accompanied by business diversification and resource optimisation that helped to elevate the company to...
DP World delisting addresses investor disconnect, but debt action and deleveraging is demanded The path back to full state ownership will see DP World take on an additional $8.1bn in debt as Dubai...
Will coronavirus hit to Chinese box export rates be capped? Cost to ship containers from China is down 6-8% but dearth of cargo may limit discounts.
US tightens sanctions lid on Russian oil shipper Rosneft The Office of Foreign Assets Control has added the Swiss-based oil brokerage arm of Rosneft Trading to the SDN List for its recent arrangements to...
Dry bulk's binary coronavirus fate: Snap-back or wipeout The second half of 2020 is shaping up to be either very good or very bad for dry bulk shipping.
Volga-Dnepr ramps up "clean" air charters for China Looking like a scene from the Fox drama "24" where Kiefer Sutherland deals with biological weapons, technicians in hazmat suits spray down Volga-Dnepr cargo planes...
Commentary: This Arctic party needs some good icebreakers The Artic Ocean may be the next area that sees the superpower nations "rubbing up" on each other in search of faster ocean passage and...
US ports land more than $280 million in federal grants Fifteen projects net funding from the U.S. Department of Transportation's Maritime Administration.
Airlines, posts to cooperate on making airmail faster, more reliable E-commerce is putting pressure on airlines, postal services and customs administrations to move large volumes of letters and packages, while also trying to catch counterfeit...
Coronavirus upends airfreight market, puts premium on charter rates The coronavirus has created a weird market dynamic for airfreight in China. There is very little demand for scheduled flights to move manufactured goods, but...
Commentary: Revolutionary transportation innovations moved humankind forward Series of book reviews makes clear there is much to learn from successes of the past.
European hi-lo fuel oil spread drops below $100/mt as market settles after IMO2020 Values for low sulfur products have been falling back again after spiking in January.
Crude climbs off lows to settle even after US levies sanctions on Rosneft State Department says it's "confident that energy markets will remain stable."
External: Global Risk Management
Crude oil moves into floating storage as contango widens with China's import cuts: sources Several VLCCs have already been taken on time charter and more are in the offing.
Singapore MPA to give 50% port dues concession to passenger vessels on COVID-19 The new concession, to be given from March 1 to August 31, will be on top of all existing port dues concessions, the MPA said.
Oil and gas shipping sector grapples with coronavirus disruptions The coronavirus has triggered quarantine measures in most cargo ports globally, causing logistical delays.
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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