Lindsay-Blee in Colombia marine fuels partnership Independent marine fuel company Lindsay-Blee reports that it is has entered into an exclusive marketing and distribution agreement with Master Fuel SAS of Cartagena, Colombia. Effective immediately, under the agreement Lindsay-Blee will
USCG commits to flexibility on Sub M during COVID-19 pandemic The Coast Guard has responded to a recent request by the American Waterways Operators asking that it suspend in-person Subchapter M inspection activities for a minimum of 30 days, for the mutual
Navy to widen inquiry into removal of Roosevelt commanding officer The controversy surrounding the removal of Capt. Brent Crozier from commend of the COVID-19 stricken aircraft carrier USS Theodore Roosevelt continues. Last Friday, reports circulated that a preliminary inquiry had resulted in
Ineos takes delivery of giant Rhine gas barges London-headquartered Ineos Trading & Shipping has taken delivery of three of four new barges that will be the largest gas barges operating on the River Rhine and the first to be fully
VIDEO: Stena Bulk trials 100% biofuel in MR tanker The 49,646 dwt Stena Bulk MR tanker Stena Immortal ran on 100% biofuel during a recent 10-day sea trial. The tanker received the first delivery of GoodFuels Bio Fuel Oil during a
Weekly briefing: Glimmer of hope for carriers; floating storage at new highs Initial concerns over frozen supply chains and port congestion as a result of lockdown measures has not come to pass...
Long-term ocean freight contract rates remain stable Carriers have been working hard to make adjustments to protect rates, aggressively withdrawing capacity from the market and adopting more...
P&I clubs' co-operation 'helps shipping to be sustainable' Society's demand that shipping does more to improve levels of safety at sea and environmental protection is an obligation, not...
One storm too many for box carriers? With combined full-year losses approaching $1bn in the 'best case scenario' for the container shipping industry, lines are in survival...
Decision over going private will reflect China Merchants' vision on port business CMPH has issued a statement dismissing media speculation that it could go into private hands
Tanker rates rebound boosts China Merchants Energy Shipping The company says the tanker market has been affected by various factors, but eventually gained momentum in March
Scandlines braces for 'severe' hit to passenger traffic Scandlines said cost and efficiency improvements helped offset lower traffic volumes last year
Keppel Offshore & Marine cuts workforce by 95% Keppel's six shipyards in Singapore remain operational albeit with reduced headcounts, while all its yards overseas except those in the...
Dutch court overrules London on email charterparty agreements Decision flies in the face of commercial reality, leading local shipping lawyer warns
Costamare taps $165m in new European bank financing Adjusted net income per share beats the analysts' consensus as first-quarter net income reaches $32.8m versus a $1.7m loss last...
Cargo cancellations and low prices sink LNG rates Owners may hope that a contango market can bolster LNG floating storage in the autumn. For others, the practical problems...
Carriers likely to face high seas after coronavirus crisis If carriers resort to chasing market share in the wake of the coronavirus crisis, they face losing more than $23bn...
Singapore bunker premium rises as fleet tightens on Hin Leong fallout Hin Leong-linked bunkering unit accounted for about 10% of Singapore's marine fuel sales last year, according to industry estimates
Daily Briefing Free to read: Hin Leong insolvency leaves traders and shippers exposed | Ports accused of denying hospital treatment for seafarers...
Shipowners look to force majeure as BI cover fails against coronavirus Inconsistent coronavirus-related port and border closures or entry restrictions have led to goods being rerouted via ports different from those...
Singapore approves commercial BVLOS drone deliveries Singapore-based start-up F-drones is the first company to receive authorisation from the Civil Aviation Authority of Singapore for such deliveries
Vale to phase out 25 converted VLOCs from its fleet Vale has also revised its guidance for iron ore fines production in 2020 to 310m-330m tonnes from 340m-355m tonnes
Court bid fails to halt Maersk's New York terminal exit A GCT spokesperson said the firm will continue legal proceedings 'for full damages against Maersk in order to protect our...
Bocomm Leasing signs tanker charter deal with Shell Deal is expected to give a fillip to the order-thirsty Chinese yards amid a severe demand downturn battering the broader...
California urged to avoid port air control rules delay The purpose of the so-called 'At-Berth Regulation' is to reduce emissions from diesel auxiliary engines on container ships, passenger ships...
Port of Houston to expand as it faces declining throughput The expansion work is considered imperative in order to ease the passage of larger containerships which last year faced limited...
US to review 'primary purpose' of detention and demurrage The FMC says this 'final interpretive rule' results from a process initiated by a coalition of shipper groups in December...
Virus crisis gives shipping golden opportunity to 'build back better' This is the moment for the industry to assertively lead change and show how it can bring benefit from the adversity of a pandemic recession
Seanergy signs third long-term cape charter with Glencore Rate will be based on Baltic Exchange Capesize Index, company said
Vale's phase-out of VLOCs to have 'positive impact' on bulker rates Iron-ore giant currently charters-in more than 50 VLOCs, according to VesselsValue
Bunker prices hit record lows, but scrubbers are 'not entirely dead' Exhaust gas cleaning technology has a long game to play even as shipowners enjoy low bunker costs for now
Saudi 'armada' begins arriving in US with 43m barrels of oil A total of 28 tankers will carry oil from Saudi Arabia to US shores over the next month
'Ghost' LNG shipping capacity haunting charter market Poten & Partners Jason Feer says freight markets in the sector are 'behaving strangely'
Tanker owners: don't fret, even our bad numbers are good Three major public tanker executives counsel investor perspective on a day when buyers don't like their shares very much
Bunker spreads behaving strangely under pressure from low oil prices Negative values have spread into the marine fuel arena but insiders do not expect to bunker for free or for the situation to last
India opens the door for crew to return home Government outlines new protocol for national seafarers entering and leaving the country under lockdown
China Merchants Energy Shipping poised for VLCC order at Dalian yard Shanghai-listed shipping conglomerate achieves strong first-quarter results on buoyant tanker earnings
A tale of two fortunes for Cosco box and tanker units Cosco enjoys strong tanker earnings but container volumes drop during the coronavirus pandemic
Dan Olsson says many lost jobs will not return after pandemic eases Stena supremo sees more redundancies coming and admits lasting problem with drilling operations.
Keppel Corp marine division posts profit but group anticipates bumpy road ahead Keppel Offshore & Marine has exited the first quarter in profit, but the group expects a difficult operating environment during the rest of 2020
Kumiai places wager on tankers as it eyes dry exit Kumiai goes after niche newbuildings at competitive prices as it readies sale of bulkers
Jones Act waiver could be in offing as oil prices languish The waiver would likely be temporary and could be expedited if futures contracts collapse for the second consecutive months, TradeWinds is told
Kumiai Senpaku lays wager on MR tanker as it eyes dry sales Kumiai goes after niche newbuildings at competitive prices as it readies sale of bulkers
Concordia Maritime halts Oslo listing plan due to pandemic Stena-controlled tanker company says the pandemic has made the outlook too uncertain to migrate its shares
Modion Maritime buys Borealis panamax as bulkers hit value pressure
Stena Bulk to press on with biofuels after successful trial Boss Erik Hanell says test on MR went 'very well' using recycled cooking oil
Cosco's tanker arm posts strong results despite sanctions hurting cash flows Chinese tanker giant rides on strong tanker earnings amid floating storage demand
Money talks, and it's shouting about tanker stocks One day after trading nearly $1bn-worth of shares, Herbjorn Hansson and the tanker crowd are getting used to being in high demand
Profitable Costamare sticks with dividend as it braces for coronavirus hit Company says has $268m cash buffer and no big debt payments left this year to cope with 'severe market disruption' from coronavirus
Bimco: Time to sharpen up contracts as tanker storage increases Danish organisation advises members to examine questions of hull cleaning, engine impact and crew supply as more vessels sit at anchorage
Bocomm Leasing inks Shell-backed order for LR2 tanker dozen Bocomm Leasing's LR2 newbuildings are ordered against charter contracts to Shell.
Scandlines warns virus will dent profits this year after they held up in 2019 Baltic ferry operator reports stable 2019 earnings but says coronavirus will have a significant effect on it in 2020
World trade may have bottomed out as port calls pick up Clarksons Platou says activity has picked up in recent days and rates of decline have slowed
Crew arrested after four tonnes of cocaine found on 'dark' PSV Spanish police raid offshore vessel that was last spotted in Panama in July
Zodiac Maritime gets six-digit term rate for VLCC as storage boosts period charters Rates for crude tankers continue to rise on floating storage demand
MOL brings together chemical tanker divisions after Nordic Tankers takeover MOL Chemical Tankers will get new chief executive as it integrates with latest acquisition
Nordea takes cover from coronavirus storm as loan applications surge Corporate customers ask to borrow $14bn in March as shipping lender makes provisions for pandemic-related losses
Hafnia to debut on Oslo's main board on Thursday Stock exchange gives quick approval to upgraded listing for product tanker giant
Mozambique LNG hones owner shortlist to four contenders Key shipowner names chase 17 newbuildings but country unrest and Covid-19 look set to slow progress on the project
Singapore gives the go-ahead for beyond-visual-line-of-sight drone deliveries Local start-up F-drones makes first long-distance delivery as it develops larger drones suitable for the marine industry's requirements
Odyssey ends for stranded Greek members of Probulk Shipping crew Last three officers abandoned on handymax bulkers off Djibouti return home and are ready to sue shipowner who has 'disappeared'
Indian cruiseship tipped for evacuation voyages Cruise operator says its ship is on standby at the request of the Indian government
Sumitomo boosts ties with Yinson with 25% stake in Brazil FPSO Japanese trading house also increases exposure to Petrobras with latest deal with Malaysian firm
Vale set to remove 25 converted VLOCs from its fleet Brazilian miner also cuts 2020 capital expenditure forecast and warns Covid-19 could hinder production
Vale set to chop 25 converted VLOCs from fleet Brazilian miner also cuts 2020 capital expenditure forecast and warns Covid-19 could hinder production
Westports 2020 container volume forecast slashed by analyst Covid-19 set to take its toll on Malaysian terminal operator, says UOB Kay Hian
Infrastructure money in doubt for next COVID-19 response package Trump and Republicans at odds over using pandemic as bridge to transportation funding.
Tanker stocks could emerge as COVID-19 relapse hedge Shipping analyst Michael Webber sees tanker-stock upside if coronavirus recovery falters.
Alaska Airlines poised to use seats for cargo-only flights Alaska Airlines may be late to the party when it comes to using passenger aircraft as freighters, but it wants to be an early adopter...
Logistics for seed movement COVID-19 pandemic challenges American seed producers to secure airfreight capacity to meet spring planting.
Port of LA's Seroka helps procure 24 million masks Mayor Eric Garcetti grateful for "lifesaving purchase agreement" with Honeywell.
Shipping guru crystal ball: less globalization, more tech Industry sage Martin Stopford dives deep into the future of global trade.
FEMA expands coronavirus relief flights to more airports Secondary airports are increasingly being used by all-cargo carriers supporting the government's coronavirus logistics mission.
Scheduled cargo flights with passenger planes gain traction Virgin Atlantic has an extensive cargo network using passenger aircraft that are flying without passengers.
VLSFO hits new lows in Europe on muted demand Coronavirus pandemic continues to affect global demand.
Brazil's Petrobras sees Q1 refined product sales slide 4.9% on year Sharp slide in domestic demand caused by coronavirus-related shutdowns at home and abroad.
Low oil prices a consolation prize for container, dry bulk shipping The coronavirus has crushed global supply chains and destroyed demand for consumer goods, holidays and a raft of key commodities.
NYMEX crude settles lower after dip to $10/b level NYMEX June contract battered well ahead of expiration as growing inventories meet lack of storage capacity.
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