Buttigieg sworn in a Secretary of Transportation Former Mayor of South Bend, Indiana, Pete Buttigieg, was today sworn in as Secretary of Transportation by Vice President Kamala Harris, after being confirmed by a Senate vote of 86-13, Buttigieg drew
TTB: Canal Barge to speak on "Safety: Operations Taking the Lead" Mary McCarthy, director of safety and quality systems for Canal Barge Company Inc., New Orleans, La., will present on "Safety: Operations Taking the Lead" at Marine Log's free virtual TTB-Tugs, Towboats &
Sennebogen material handler pays off for Norwegian operator Berge Rederi AS, Hitra, Norway, has been using a ship-mounted version of the Sennebogen 860 material handler aboard its 2006-built, 5,780 dwt M/V Kjervaagsund since 2019, making loading and off-loading processes more
New SEA/LNG report: Bio-LNG a prime pathway to carbon neutrality A report just released by SEA-LNG, the multi-sector industry coalition advocating for LNG as a marine fuel, says that LNG-fueled vessels account for approximately 13% of the current newbuild order book, with
STX Engine set to build first Mk3 variants of MAN workhorse MAN Energy Solutions reports that South Korean licensee STX Engine has signed a contract with Daehan Shipbuilding for three MAN 6L23/30H Mk3 gensets. This marks the first sale of the Mk3 version
Wärtsilä solutions selected for Irish Sea battery hybrid RoPax The 132 meter long RoPax ferry on order for the Isle of Man Steam Packet Co. (IOMSP) at South Korean shipbuilder Hyundai Mipo Dockyard will feature a range of Wärtsilä solutions. The
BIMCO to develop AIS switch-off clause to meet US concerns Organisation fears charterers may develop own clauses that leave owners at risk of being terminated, even if AIS is switched...
Jan De Nul dredgers first to receive ultra-low emissions notation Bureau Veritas has developed its new ULEV notation by adapting the European Commission's Stage V policy for emissions reduction to...
Seafarers killed in separate incidents during storms In the most recent incident, a bulker on its way to Tunisia from the US got caught in rough weather...
Why tanker shipping is ahead of the digital game Data analytics lies at the heart of the sector's future growth. The survey shows that a significant number of tanker...
Focus on human factor to prevent shipping accidents Compliance is the key difference between maritime, where minimum standards are met, and aviation, where the highest possible standards are...
Revealed: The subterfuge tanker fleet keeping Venezuelan and Iranian crude flowing Data compiled from Lloyd's List Intelligence shines a light on one of darkest and opaque sub-sectors of energy commodities shipping
Vessel operating costs at highest since 2007 Manning costs were up by 6%, and there are signs that the virus has deepened an existing officer shortage. Drydocking...
FSL Trust clinches charter renewals for five product tankers The contract renewals are for the 5,420 dwt pair Shannon Fisher and Solway Fisher, and for the 4,400 dwt tankers...
No easy solutions to supply chain congestion Box lines have deployed all their available capacity and have added equipment to their fleets. But the disruption to landside...
Euronav aims to have newbuild suezmax pair ammonia-ready Crude tanker owner Euronav will spend $113m for the newbuild suezmax pair that could run on LNG and even potentially...
Myanmar ports said to be operating normally Airport shutdown will impact crew changes at time when 7,000 of country's seafarers are over contract
Iran to release crew of South Korean tanker The 19 crew members of a South Korean tanker detained a month ago amid a spat between Iran and South...
Daily Briefing Free to read: Owners 'going ballistic' in hardest P&I renewal round for years, warns Aon | Shipowners make their play...
Disagreement on ship prices stalls newbuilding market Some orders, for which a letter of intent had been signed at the end of 2020, now face the prospect...
Counting the cost of port congestion For the 29 transpacific loops currently serving Los Angeles-Long Beach, liner operators need to find an extra seven very large...
Myanmar's oil and gas sector may withstand US sanctions New projects are more likely to face challenges in accessing financing. Liquefied natural gas imports especially may be hit by...
NYK and K Line boost earnings prospects Japanese shipping giants say they will continue efforts to secure stable profits for their bulk fleet, where performance has been...
Crowley Solutions wins Alaska contracts from US defence agency Under the contract, which begins this year, Crowley will provide lightering and transportation of 4m gallons of fuel annually for...
Delivered bunker prices heard lower than ex-wharf in ARA: sources Sluggish demand in the Amsterdam-Rotterdam-Antwerp bunkers sector has pressured fundamentals, as some delivered prices dropped lower than basis ex-wharf, two bunker suppliers said Feb. 3.
INTERVIEW: Italian product demand seen returning to pre-COVID levels in 2022: Unem **Road fuel demand seen mostly recovering by end-2021 **Key role for more biofuel capacity **Full pre-pandemic demand may never recover in Italy
Floating storage at two-month highs as volumes off Asia rise **Some 114 million barrels of crude in tankers **Port congestion resurfaces near Asian refining hubs **But volumes poised to fall again as backwardation strengthens
REFINERY NEWS: BP Rotterdam resumes normal operations BP's Rotterdam refinery, which went offline in mid-January following an incident at the facility, has resumed normal operations and product loading, according to trading sources.
HSFO demand triples in Fujairah on scrubbers and competitive prices **Vessels fitted with scrubbers return to fleets **Cheaper HSFO supporting demand in Fujairah
Carlyle doubles stake in Swiss refiner Varo, with eye on biofuels expansion **Carlyle to buy Reggeborgh's 33.3% stake **Vitol shareholding unchanged at 33.3% **Sees opportunities for biofuels expansion in Europe
REFINERY NEWS: France's Fos-sur-Mer restarts units after work: report Units at France's Fos refinery have been restarted since Feb. 2, which could lead to incidents of flaring over several days, according to a local media report citing the refinery.
TANKERS: Aframaxes turning clean as dirty rates hit multi-year lows **Aframax owners face negative daily returns **Demand slashed by pandemic, Saudi Arabia's output cut **Less scrapping contributes to tonnage overhang
FUJAIRAH DATA: Oil products stocks climb across board for first time in 8 weeks **Fujairah bunker fuel demand 'dialed down' **Total inventories at highest since Jan. 4 **Middle distillates climb 15% in a week
JAPAN DATA: Oil product exports fall 1% on week to 3.41 mil barrels over Jan 24-30 Japan's oil product exports fell 1% week on week to 3.41 million barrels over Jan. 24-30, data released Feb. 3 by the Petroleum Association of Japan showed.
JAPAN DATA: Jan. 24-30 oil products output fall 6.3% on week to 17.39 mil barrels Japanese refiners cut their oil products output by 6.3% week on week to 17.39 million barrels over Jan. 24-30, the Petroleum Association of Japan said Feb. 3.
Open interest for LSFO, HSFO rises in Jan on ICE **Open interest for Singapore MF 0.5%S forward curve up 7.11% on month **Open interest for HSFO forward curves up 4.80% on month
Pakistan refined products sales rise 12% on year in July-Jan on strong fuel oil demand Pakistan's oil product sales during the last seven months of the fiscal year 2020-21 (February-January), recorded double-digit growth on the back of higher volumes registered in sales of furnace oil as electricity producers shifted from regasified LNG and gas, according to the latest data from the country's Oil Companies Advisory Council.
OIL FUTURES: Crude rises on US stock draw, broader fundamentals "Demand in the physical market has been the driver of a strong front of the curve for this week," Innes said.
Up to 11 Feb-loading US LPG cargoes to Asia canceled as arbitrage closes, fog disrupts ships The cancellations will reduce US cargo arrivals to Asia to 1.6 million mt in March from 2.3 million mt in February, sources said.
Iranian oil tanker in Egypt's Great Bitter Lake after running aground in Suez Canal: Platts cFlow The Aframax Sahra ran aground due to engine trouble around Km 123 of the Suez Canal while transiting from the Red Sea to the Mediterranean.
China's Lunar New Year unlikely to affect demand for gasoline, gasoil: FGE FGE said it continues to expect a shift to personal cars, as people are likely to avoid public transportation, for long-distance travel in China.
Japan's ENEOS to raise weekly wholesale oil product prices by Yen 500/kl: market sources Crude oil procurement costs in Jan. 26-Feb. 1 decreased an average Yen 70/kl from the previous week, according to S&P Global Platts calculations.
Singapore fuel oil swap trades during Platts MOC surge 145% on month in Jan The total volume of HSFO swaps traded in the Singapore MOC process soared 171.82% from December to 9.84 million barrels in January.
Corvus Energy, consortium advances maritime fuel cell systems project with Toyota "Decarbonization is inevitable and at Toyota, we are convinced that hydrogen will play a central role in creating a better future," Paquet said.
Singapore 10 ppm gasoil cash differential turns positive, highest in 6 months "Market [participants] expect tighter market [supply] in March onwards due to heavy [refinery] turnarounds," a trade source said.
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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