Callan launches new Marine Construction Division Galveston, Texas, headquartered Callan Marine has recently launched a new Marine Construction Division, providing a broad range of turnkey marine, civil, and specialty construction services along the Gulf Coast. Serving both public
Containership leasing giant continues newbuilding spree Within days of its last foray into the newbuilding market (see earlier story), containership leasing giant Seaspan Corporation has resumed its buying binge, announcing today that it has entered into agreements with
Navy awards cable ship replacement studies contract BMT reports that it has been awarded a prime contract to conduct industry studies for the U.S. Navy's T-ARC(X) cable ship replacement program. The contract consists of capability and cost trade studies
Vineyard Wind project takes a big step forward In what Liz Burdock, president and CEO of the Business Network for Offshore Wind calls "the day the U.S. offshore wind industry has been anxiously awaiting for years," the Department of the
Stena Bulk concept "could be as impactful as containerization" Able to carry both dry and wet cargoes in modular compartments, an ultra-flexible, zero emissions design unveiled by Gothenburg, Sweden, headquartered tanker operator Stena Bulk pushes many boundaries. In an advance that
Golden Ray: Cutting begins on Section Two The St. Simons Sound Response team has now started operations to remove Section Two of the hull of the capsized car carrier Golden Ray, which is being sliced into eight giant sections
Shipping needs 5% zero-carbon fuels by 2030 to meet green goal A study by the Getting to Zero Coalition suggests that zero-carbon fuels need to account for 5% of international shipping's...
Clarksons takes hit from capital markets Shipbroker reports impairment charge of more than $83m related to 2015 purchase of Platou Group
Opposition aims to boost UK shipping sector to win votes 'Allowing people to access high-class jobs in the sector and remain in their homes without having to move to big...
Ten hostages released from hijacked mothership Pirates released 10 people taken hostage a month ago from the Chinese fishing boat Lianpengyu 809 off Gabon in the...
Wallenius Wilhelmsen chief leaves company Wallenius Wilhelmsen chief executive Craig Jasienski has left the company after 30 years with the group. Chief financial officer Torbjorn...
Lloyd's List Webinar: How to digitalise shipping The first in a series of Future of Shipping live events gathers industry leaders to discuss a more hard-headed approach...
Hafnia looks for 'windows' of rate improvement after loss Hafnia's time charter equivalent earnings of $104.3m for the fourth quarter of 2020 equated to an average of $12,400 daily...
Container volume growth muted despite sky-high rates Volumes in January fell sharply against the final month of last year, suggesting the upward trajectory of freight rates on...
Cosco earnings boosted by box shipping markets Demand for Chinese containerised exports has declined while the slot shortage on some routes has eased, according the latest Shanghai...
Improving ESG is all about corporate culture Companies looking to embrace environmental, social, and corporate governance risk management should make sure to bring the organisation and culture along...
Höegh LNG poised for $212m privatisation in deal with US bank Leif Höegh & Co partners with Morgan Stanley to buy the remaining 50.4% of Norway's liquefied natural gas specialist, whose...
From the News Desk: Why shipping's future requires 20/20 vision Shipping has long been content to keep its inner workings out of sight. This must change
UK empty container stockpile continues to grow Despite a shortage of much-needed empties in export markets, containers are piling up in the UK. Post-Brexit export delays in...
Seafarer mental health issues on the rise, study finds Mental Health Support Solutions managing director Charles Watkins said mental health directly impacts safe operations of a vessel. There could...
Daily Briefing Free to read: Shipping's 'big three' account for almost 80% of CO2 emissions | Charterers challenged over 'no crew-change' clauses |...
LNG import projects ramp up in the Philippines The race is heating up among project developers to lay claim to the first LNG import terminal start-up in the...
Biden's $1.9trn stimulus package will boost trade to US ports The movement of the bill through Congress came as China said its exports rose by more than 60% in January...
Yangzijiang signs contracts for 31 vessels worth $1.7bn Yards in China and South Korea are the beneficiaries of the recent uptick in container shipbuilding orders
Saudi Arabia says Ras Tanura oil terminal unscathed by drone attack The latest in a spate of assaults claimed by Houthi rebels from Yemen has driven the price of crude to...
Port of Virginia wins $15M contract for military cargo The Port of Virginia has recaptured some U.S. military business it lost over the years.
Career Tracks: GreyOrange, Aim Transportation and Duluth Seaway "We are solving meaningful business challenges with innovation and passion," says GreyOrange Chief People Officer Ramya Sampath Sharma.
California port pileup leaves old records in the dust How does California congestion rank versus 2015 logjam caused by tensions with dockworkers union? It's not even close: 2021 wins by a long shot.
Among Piers: South Carolina Ports COO Woman of the Year "As we continue to recover from the COVID-19 pandemic, now is the time to accelerate our throughput and growth," says Pennsylvania Gov. Tom Wolf.
Pilots ask FedEx to halt Hong Kong layovers over COVID rules FedEx pilots want the company to stop releasing crews into Hong Kong for rest periods because of aggressive testing and quarantine restrictions that subject them...
FreightWaves Flashback: Lessons from the Puerto Rico oil spill 1994: Those involved in response to the 600,000-gallon spill reflect on their efforts.
Europe and Africa residual fuel -- key market indicators this week **Demand for marine fuel in Asia continues to buoy LS cracks **Hi-5 crack spread has narrowed a little
Alfa Laval, Man Energy to launch large-scale tests for methanol in marine diesel engines **Other alternative fuels, like LNG, currently more popular **Methanol an expensive option at present
AMERICAS BUNKERS: Key market indicators March 8-12 **Houston dealing with post-storm congestion **Vancouver market tracks stronger Asian segments
Saudi Arabia discipline pushes OPEC+ crude output to 4-month low in Feb: Platts survey **OPEC pumps 24.86 mil b/d in Feb, non-OPEC adds 12.97 mil b/d **Saudi Arabia produces 8.13 mil b/d, fulfilling extra cut pledge
South Korea's bunker delivery tightness start to ease as weather improves **Bunker delivery in South Korea had been delayed since end-Feb **China's Zhoushan still experiencing delivery disruption
Hafnia upbeat about product tanker market in second half Product tanker operator Hafnia said March 8 that things were currently not the easiest in the market, but that it was upbeat about prospects in the later part of the year.
NWE gasoline crack surpasses 0.5% marine fuel for first time since Sept **NWE front-month gasoline crack recently assessed at highest level since July 2019
Sustainable aviation fuel rollout to gain momentum in Asia but hurdles remain **SAF costs limiting widespread adoption **Government aid, loans, R&D likely to boost SAF use
Asia middle distillates: Key market indicators this week Healthy gasoil export volumes from China for March may see supply outpacing demand.
Asia residual fuel market: Key market indicators this week Singapore's supply of low sulfur bunker fuel remains sufficient to meet demand during the week of March 8, bunker traders said.
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