Florida files suit to end CDC cruise ban Under the direction of Governor Ron DeSantis, Florida is suing the Biden Administration in federal district court to overturn the "Conditional Sailing Order" (CSO) for cruise ships enacted by the Centers for
NTSB reports on collision with ATB that totaled an OSV The National Transportation Safety Board (NTSB) has issued its report on the November 14, 2019, incident in which, about about 2.15 p.m. local time, the offshore supply vessel Cheramie Bo Truc No.
ICS: New guidance on maritime security Shipping continues to face threats such as piracy, kidnapping and terrorism. Ship operators need to stay alert to security risks and recognize that threats are continually evolving and demand constant vigilance. To
VIDEO: First SWATH SOV will serve 3 wind farms Set to enter service later this year, the 60-meter Groene Wind is the first Service Operation Vessel ordered by the DEME Group. The Small Waterplane Area Twin Hull (SWATH) vessel will be
CMA CGM commits to biomethane production As part of the first high-level preparatory talks for the COP26 summit, Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, a world leader in shipping and logistics, has put forward
Ports of Indiana hires two Ports of Indiana reports that it has hired Ryan McCoy as the new Ports of Indiana-Burns Harbor port director and Tom Fifer as the director of planning and project delivery, a newly-created
VIDEO: Carnival reluctant to switch ships from U.S., but ... Despite what some headlines might suggest, cruise giant Carnival appears to be reluctant to switch ships from U.S. ports. In a conference call with analysts yesterday, Steve Wieczynski of Stifel put this
Crude Greeks decide it's time to go very large Central Group, Latsco Shipping, Maran Tankers, Athenian Sea Carriers, Capital Maritime, Navios and Samos Steamship are among the Greek owners...
Ever Given operator launches claim against registered owner Both parties seeking security for claims against them, legal experts suggest
Optimistic Jefferies banks on tanker second-half rally Forecasts assume tanker scrapping to double levels seen in past four consecutive quarters and oil demand growth to rally in...
MAN to develop four-stroke ammonia engine Engine maker will develop a dual-fuel, medium speed, four-stroke engine to run on diesel and ammonia as part of an...
CMA CGM backs biomethane in decarbonisation push CMA CGM will directly back the production and deployment of biomethane in another sign of its unwavering support for the...
From the News Desk: Carbon crunch Pressure is growing for more ambitious decarbonisation targets. Efficiency looks doable, and there are other, smaller ways shipping can better...
Stena Bulk unveils five-step plan to decarbonise by 2050 Stena Bulk is starting to transition to a more sustainable fleet. It will launch the first of three planned, carbon...
Everfuel to supply hydrogen for zero-emission shipping The Danish renewable energy provider said it has a memorandum of understanding with an undisclosed Norwegian-German shipping company that wants...
Cargoship in tow as salvors avert grounding off Norway Smit Salvage tugs are towing the Dutch yacht carrier Eemslift Hendrika to safety after Norwegian authorities carried out an operation to...
Container tracking gains traction with adoption of standard Container tracking services are nothing new. But the granular nature of the container supply chain has made it difficult for...
Daily Briefing Free to read: US seizure of Iranian crude challenged in new court documents | Maersk's hunt for carbon neutral Methanol...
Kogas orders LNG bunker vessel Its newbuilding will join a chartered-in vessel from Korea Line
Port of Long Beach smashes container records in March If you ordered a fire pit or a rowing machine online, there's a good chance it's coming through the Port of Long Beach. The port...
Air cargo gone wild: 9% growth in February Air cargo carriers can barely keep up with demand. International passenger airlines are desperate for more traffic. But the two segments are inextricably linked, for...
Suez Canal still not back to normal - but it's getting closer Days after Ever Given backlog was declared cleared, the number of ships waiting to transit the Suez Canal remains high (with video).
Brazil's Bolsonaro warns of potential changes to Petrobras' fuel-price policy Brazilian President Jair Bolsonaro has once again warned of changes at state-led Petrobras, raising the specter of renewed government interference at the company that could lead to changes in its policy for pricing transportation fuels.
Russian gasoline prices to be capped by rising volumes: Spimex Russia's St. Petersburg International Mercantile Exchange does not expect domestic gasoline prices to surge in April and May as the volumes being offered and traded on the exchange floor have increased.
Swedish ferry operator Stena Line sets 2030 plan to reduce CO2 emissions by 30% Swedish ferry operator Stena Line has pledged to speed its transition towards fossil-free marine fuel, reducing its CO2 emissions by 30% by 2030, the company has said.
Med 0.1% gasoil at 11-week high on low production, North African demand The Mediterranean 0.1% gasoil cargo market's relative value has risen to an 11-week high amid lower availability for finished grade products and demand from North Africa, sources said.
ARA fuel oil stocks fall 16% on week to 1.517 million mt: Insights Global Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp region dropped by 16% to 1.517 million mt in the week to April 8, according to data from Insights Global, following an increase of 5.2% a week ago.
New coronavirus curfew may delay recovery in Argentina's crude, products demand Argentina's demand for oil and petroleum products likely will won't fall by much during a three-week curfew starting April 9 as a second wave of the coronavirus hits the country, but it could delay a recovery in crude consumption as well as production, industry sources said April 8.
ARA diesel, gasoil stocks fall 1% on week on delayed Suez arrivals: Insights Global Diesel and gasoil inventories at the Amsterdam-Rotterdam-Antwerp trading hub fell almost 1% to 2.329 million mt over the week ended April 7, according to Insights Global data.
Asia's prompt gasoil strengthens as demand gains momentum The Asian gasoil market remained on an upward march as demand indications firmed, spurred by healthy cross-regional flows and firmer sentiment amid news of the imminent revival of international flights.
Brooge Energy reports 5.1% drop in 2020 revenue after Fujairah storage deal ends Brooge Energy Ltd., which is expanding its oil storage capacity at the UAE's Port of Fujairah, reported a 5.1% decline in 2020 revenue after one large storage contract ended and five new customers needing fewer services came on board.
US April LPG exports estimates to Europe lower month on month: Kpler US LPG exports to Europe and the Mediterranean so far in April have fallen overall from March as arbitrage economics for European delivery worsen.
OIL FUTURES: Crude lacks direction amid rising supply outlooks, pandemic demand risks Crude futures ended a volatile session mixed as the market searched for direction as a weaker US dollar offset weakened fundamental outlooks.
Valero, Phillips 66 see negative first quarter from February freeze Valero Energy warned it will post a loss when it reports first quarter earnings later this month, with mid-February polar vortex's impacting its earnings and operations, the company said in an April 8 statement.
Bakken crude to be rerouted in every direction if DAPL shuts Bakken Shale crude oil volumes would ship to the west, east and even up north into Canada and back into the US again as producers and pipeline operators target alternative routes if the Dakota Access Pipeline is shuttered, even temporarily, according to industry sources.
Over 60% of container ships to face delays amid capacity constraints, Suez ripples: ING **45 ultra-large containerships ordered in March: BIMCO
European oil demand markers hit fresh headwinds as new lockdowns bite **Land mobility falls to 36% below pre-crisis level **Concerns grow over rising infections, vaccine rollout **Air travel languishing at 70% below pre-COVID-19 level
OIL FUTURES: Crude prices slip on returning Iranian supply, bearish US inventory data The headway made in the first round of indirect talks between Iran and the US over restoring the nuclear deal and lifting sanctions suggests that Iran is on its way back to the market, with the prospect of extra supply weighing on prices
Japan's IMO-compliant domestic bunker contracts for Q1 settles at Yen 55,400/kl The settled quarterly price is widely used by shipowners and bunker fuel suppliers in Japan's domestic market.
FEATURE: Green clauses' traction in shipping finance may see slow progress **Regulatory frameworks still developing **Energy efficiency targets start to emerge
REFINERY NEWS ROUNDUP: Inventories at Fujairah rise, Middle East plants ramp up runs Saudi Arabia's middle distillate consumption fell 14.40% year on year in January, with the drop in jet fuel demand leading the decline, latest data from the Joint Organizations Data Initiative showed.
REFINERY NEWS: Total to produce SAF at French La Mede, Grandpuits Total will begin supplying sustainable aviation fuel, or SAF, to French airports from the current month, the energy major said April 8, as it steps up efforts to produce cleaner fuels.
Glencore starts low sulfur bunker supply in Singapore: sources Glencore move to include low sulfur bunker supply comes amid progressively higher sales of the erstwhile mainstay high sulfur bunker fuel that the world's largest ship refueling destination has been witnessing over the course of 2020.
Shell upstream oil and gas division shows earnings, production recovery in Q1 Oil product trading and optimization results are expected to be "average and higher than the fourth quarter," Shell said.
Industry consortium starts 'AmmoniaMot' project for shipping decarbonization The AmmoniaMot project will deliver the base for future, commercial, four-stroke engines, which will be key in legitimizing ammonia as a fuel, MAN said.
Tankers worldwide poised for challenging quarter as COVID-19 lingers on **Iran sanctions a dark horse **More tankers sale, purchase likely **Weak demand to mellow down freight values
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