Coast Guard offers new Subchapter M training options The U.S. Coast Guard's Towing Vessel National Center of Expertise has launched a new training hub that allows industry compliance officers or operators, Third Party Organization representatives, and Coast Guard marine inspectors
ClassNK unveils "Digital Grand Design 2030" In the maritime industry, digital technology promises to create new value by collecting and utilizing data on ship operations and cargo movements, and sharing it among different players. At the same time,
Norwegian in fleet-wide agreement for Nippon Paint antifoulings Nippon Paint Marine has signed a long-term supply contract with Norwegian Cruise Line Holdings (Norwegian) to provide antifouling systems to 13 cruise ships operating under the Norwegian Cruise Line, Oceania Cruises, and
Kongsberg books Mystic Cruises equipment contracts Kongsberg Maritime has won contracts worth approximately 300 MNOK (about $32 million) to equip three adventure cruise ships, with a fourth to follow. Built by WestSea Viana Shipyard in Portugal and destined
Coronavirus: Sea Japan 2020 postponed The organizers of Sea Japan 2020 say that they have decided that it is not possible to hold the exhibition as scheduled on March 11-13, 2020. This follows a request from the
Survey seeks operator feedback on IMO 2020 fuel problems The IMO 2020 global sulfur limit for marine fuel oil has now been in force since the start of the year. Shipowner organizations BIMCO, ICS, INTERCARGO and INTERTANKO are calling on fleet-
Oil bottlenecks rise at US Gulf ports as pipeline capacity added Corpus Christi and Houston are in the spotlight as America tries to ramp up its shale oil exporting programme. The...
Hafnia says low-sulphur fuels help sustainability The company is expecting better market rates later in the year
SevenSeas fund buys first bulker Launched by two Greek managers in 2018, the Luxembourg-domiciled fund is stressing risk-mitigation and has appointed Seabury Maritime to help...
Chinese buyers cut April crude purchases as refinery runs collapse Chinese oil refineries are a key driver of global demand and the refinery cuts being witnessed imply the loss of...
American Club gains 10% on per-tonne pricing, at cost of losing tonnage 'Although difficult business conditions prevail in both the shipping and insurance sectors, the American Club's recent experience has been highly...
Maersk credit facility linked to environmental performance New revolving credit facility will see Maersk pay lower rates if it meets or exceeds carbon reduction targets
From the News Desk: Has the shipping sector accepted new EU emissions rules are inevitable? Europe's four leading carriers have taken the bold step of agreeing to work in collaboration to help decarbonise the shipping...
Venture capital-backed Danelec focuses on IoT growth Hans Ottosen tells Lloyd's List why it was necessary to relinquish a majority stake in the company if the opportunities...
Soft demand continues for China's international freight Post-coronavirus 'cargo rush' risks creating a shortage in shipping capacity with the prospect of spikes in rates
Between the lines: Cargo owners feel impact of coronavirus The coronavirus outbreak and continued closure of various manufacturing entities has taken a significant bite out of container shipping demand...
Low LNG prices to benefit India's gas expansion India looks set to ramp up on LNG imports, having already awarded licences for city gas distribution projects covering 70%...
US opens trade talks with Kenya Trade talks with Kenya could mark new engagement with sub-Saharan Africa
Daily Briefing Free to read: February oil demand plunges on coronavirus | Rapid growth of US Gulf crude exports 'nearly over' |...
Polaris Shipping chief convicted over Stellar Daisy's fatal sinking Families of the victims made clear they though the the court had handed down a derisory punishment. They said they...
'We need a smaller group of better capitalised clubs' The main obstacle to change in the P&I sector is the decision-making process within the International Group where every one...
Ports of Long Beach and Los Angeles sign agreement to improve market share The new agreement between the two Southern California ports aims to reverse decline, a point underscored by the directors of...
DP World acquires key terminal in Canada Fraser Surrey Docks was founded in the early 1960s and has become the largest modern and multi-purpose terminal on the west coast of...
USDA expects sunny outcome for ag exports to China U.S. Agriculture Secretary Sonny Perdue said most benefits of "Phase One" trade deal with China should be realized in 2020, despite commercial disruption from coronavirus.
All-cargo carriers eye surge in business as coronavirus pressures airline finances It's difficult to predict how travel and trade patterns will impact the global economy for the full year, but companies involved in trade and travel...
Commentary: Trade flow teeter-totter tilts again The trade war between the U.S. and China caused companies to adapt supply chains and the transportation of their products. Darren Prokop writes about those...
Senators urge trade sanctions for Russian election interference Democratic Senators Charles Schumer and Sharrod Brown say sanctions should target not only the responsible Russian government agencies and officials, but President Vladimir Putin.
Chinese producers ramp up VLSFO sales for bonded bunkering after VAT rebate Pricing economics and further infrastructure boosts will be key to boost output further.
Bolivia's YPFB seeks 1.495 million barrels of high sulfur diesel Bolivia's YPFB wants to buy up to 237,727 cu m (1.495 million barrels) of diesel with maximum 0.5% sulfur, one cargo every 60 days, with one lot of gasoline blendstock of 172,000 cu m (1.082 million barrels).
Thailand's Prima Marine sees FSU demand rise on IMO 2020 Thailand's Prima Marine Public Company Limited on Tuesday said that it has expanded its floating storage unit, or FSU, business to support demand for storage and blending of low sulfur fuel oil, reflecting the accelerated demand for cleaner fuels due to the International Maritime Organization's 2020 global low sulfur mandate.
USGC FOB crude exports markets under pressure on global supply glut, coronavirus fears: sources Prices for US crude cargoes for export are under pressure amid a well-supplied international market and an increasingly ominous outlook regarding the spread of Coronavirus, sources said this week.
Coronavirus a 'gut punch' for US offshore oil export terminals: Sentinel CEO The race to build oil-exporting terminals offshore Texas is hitting roadblocks amid the coronavirus outbreak as negotiations stall with potential customers in Asian markets.
OIL FUTURES: Oil slide extends amid focus on coronavirus spread Oil futures settled down for a second day Tuesday as the continued spread of the coronavirus outside China weighed on demand outlooks and sent equity markets sharply lower.
External: Global Risk Management
FEATURE: Asia refiners set to trim output of low sulfur marine fuels as margins slump Asia will likely remain net short of low-sulfur fuels and need longer-term investment in refinery upgrades.
GP Global expands trading operations to the Americas Owen joins GP Global from Bomin Bunker Oil Corp.
Singapore delivered 0.5%S marine fuel slips to rare parity with Fujairah "Everyone is just lowering prices everyday. It's crazy," said a UAE-based bunker supplier.
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