BOEM set to prepare Dominion Energy offshore wind EIS Another U.S. offshore wind project looks to be rolling smoothly along the regulatory track. Dominion Energy reports that the Bureau of Ocean Energy Management (BOEM) is publishing in the Federal Register the
Saltchuk Holdings makes offer for OSG Jones Act tanker and ATB operator Overseas Shipholding Group, Inc. (NYSE: OSG), said today that, "following receipt by the company of a non-binding indication of interest to acquire all of the issued
New DNV rules include "Fuel Ready" In the latest updates to its rules for ship classification, DNV has released multiple new class notations to help the maritime meet the challenge of decarbonization challenge. The include "Fuel Ready," a
The Lloyd's List Podcast: Why container shipping will never be the same again Container shipping is not going to return to normal, according to Otto Schacht, the head of sea logistics at Kuehne+Nagel...
K+N's Otto Schacht predicts new era of sustained profitability for container lines Amid complaints from cargo interests about lack of ship capacity, Schacht says lines are doing whatever they can to provide...
Pioneer Marine looks to expand following buyout Management has reached an agreement to buy out the company that specialises in handysize bulk carriers given market prospects
Cargo owners back ammonia-focused start-up An innovative Norwegian joint venture wants to take delivery of its first ammonia-fuelled ships in 2024 or 2025
Shipping exempt from global minimum corporate tax rate 'This is clearly not a final agreement, there is a long way to go between this announcement and the final...
Seaborne trade growth back to pre-pandemic levels Seaborne trade growth has returned to pre-pandemic level as virus-stricken economies restart, according to Lloyd's List Intelligence data. Trade is...
Efficiency has role to play in fuel transition Net-zero carbon fuels have far lower energy densities than fossil fuels. But by applying the same techniques used to reduce...
Star Bulk launches two share offerings worth $150m The two sales agreements are each for $75m worth of common shares signed separately with Deutsche Bank Securities and Jefferies
Maritime Markets Outlook: Shipping's half-year health check The Lloyd's List Half-year outlook 2021 takes the temperature of the core maritime trades and offers a view on the...
Costamare deal for 12 vessels boosts bulker fleet ahead of possible spin-off US-listed boxship owner has spent more than $300m on acquiring 28 bulkers in a flurry of deals in the space...
Tankers: The only way is up A vaccine-led recovery is under way for the crude and product tanker markets but the underlying fundamentals that determine its...
Daily Briefing Free to read: Vaccines and versatility are overcoming the crew-change crisis | Green Deal will bring opportunities and challenges to...
CMA CGM delivers 'Little Lady Liberty' to New York The 3 m bronze replica of the Statue of Liberty arrived at the Port of New York & New Jersey...
Congestion at Southern California ports caused by supply chain 'collapse' 'The terminal and vessel backlogs that occurred in San Pedro were the result of a cumulative collapse of the entire...
Hot markets rarely translate into decarbonisation efforts Chile-based Nachipa chief executive Felipe Simian believes that slow steaming creates a level playing field, which is important for real...
SIPG earnings surge on container shipping boom In addition to a strong recovery in the port handling business, contribution from its box shipping affiliates is expected make...
Enjoy the markets fizz, but beware the hangover Our half-year health check on the state of the maritime markets finds shipowners in a better place than they anticipated...
Finding new ways to stay afloat Leasing has also expanded to fill part of the gap in ship lending, especially as lessors expanded their scope from...
Decarbonisation regulations come to a head After a long wait, shipping will finally learn how the European Commission believes it should be integrated into the EU's...
Container shipping's stranger-than-fiction first half of 2021 California offshore traffic jam, Ever Given, Yantian closure, skyrocketing rates and volumes ... what's next for container shipping?
Transair cargo jet crash lands off coast of Hawaii A Boeing 737 cargo jet went down in the water off Hawaii Friday morning.
Open interest for HSFO rises in June but continues downtrend for LSFO Combined open interest on the forward curves for high sulfur fuel oil futures contracts rose in June as traders expected high sulfur fuel oil demand in the Middle East and South Asia, while open interest for low sulfur fuel oil futures ticked lower amid expectations of lower supply, ICE data showed July 2.
OIL QUARTERLY: Low refinery runs, good petchems demand support European feedstocks Robust petrochemical markets lent support to LPG and naphtha in Europe during the second quarter which led refiners to maximize feedstock yields, a trend which should continue into the second half of 2021 alongside gradual economic recovery.
ADNOC Global Trading to join EMEA MOC for Physical Jet Fuel Cargoes; Med Gasoil/Diesel Cargoes; NWE Gasoil/Diesel Cargoes ADNOC Global Trading Ltd has advised S&P Global Platts it would like to participate in the Platts Market on Close assessment process for EMEA - Jet Fuel Cargoes-Physical;EMEA - Med Gasoil/Diesel - Physical;EMEA - NWE Gasoil/Diesel - Physical.
Ceres targets solid oxide electrolyzers for industrial hydrogen Lower efficiencies of 74% using water rather than steam were still well in excess of those of PEM and alkaline electrolysis, typically around 55%-65%, Selby said.
SINGAPORE DATA: Residue stocks rise 2% to 24 million barrels on higher imports The stocks dropped for two weeks in a row until June 22 and rebounded in the week to June 30, according to the data.
Australia's crude oil exports draw strength from improving Asian demand outlook Australia's crude oil exports are showing strong signs of revival as feedstock buyers in Asia snap up plentiful cargoes in the hope that the recovery in oil products demand, seen in many regional economies after a long period of feeble consumption, will be sustained.
REFINERY NEWS: Romania's Petromidia halts operations after incident
ARA fuel oil stocks down 4.2% on week at 1.443 million mt: Insights Global
REFINERY NEWS: Japan's ENEOS to restart fire-hit Marifu refinery in H1 July The fire broke out around 8:55 pm local time June 20 at a 27,000 b/d continuous catalytic reformer, and the CCR and some desulfurization units were shut right after the fire. For safely reasons, the company shut the CDU and other units June 22, a company official said earlier.
Platts proposes to include FSUs in ex-wharf Singapore bunker assessments The list of approved FSUs can be found in the Platts methodology guide for Asia Pacific & Middle East Refined Oil Products at https://www.spglobal.com/platts/en/our-methodology/methodology-specifications/oil
REFINERY NEWS ROUNDUP: Independent plants in China turn to fuel oil instead of bitumen blend In other news, PetroChina's 110,000 b/d Daqing Refining and Petrochemical in northeastern Heilongjiang province plans to cancel its gasoline exports in June amid weak supply of blending components, after the government imposed a consumption tax on imported mixed aromatics, effective June 12, a source with knowledge of the matter said.
Singapore marine fuel 0.5%S, HSFO cash differentials jump on tight supply The cash differentials of Singapore fuel oil market both for marine fuel 0.5%S and high sulfur fuel oil jumped July 1 due to supply tightness and on expectations of demand increasing, S&P Global Platts data showed.
FEATURE: Singapore weak barging spreads dampen time charter market for bunker tankers Ample availability of barges plying the delivered bunkers trade in Singapore stiffens price competition too, another bunker supplier said. Data by the Maritime and Port Authority, or MPA, of Singapore showed a registry of 210 bunker barges as of March 2021, slightly down from the 215 registered barges reported in July 2020.
BUNKERWORLD INDEX: Bunker prices rise on bullish crude rally The BW 0.5% Sulfur Index ports are Hong Kong, South Korea, Shanghai, Singapore, Japan, Las Palmas, Durban, Fujairah, Gibraltar, Piraeus, Rotterdam, St. Petersburg, Houston, Los Angeles, New York, Balboa and Santos.
OIL QUARTERLY: Higher supply offsets demand recovery in European transport fuels The second quarter saw significant price increases across distillates and light ends, with outright values reaching 1.5-year highs amid a tightening of the crude oil market and global demand recovery hopes.
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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