VIDEO: Fire breaks out on Golden Ray wreck Coast Guard and Unified Command personnel were this afternoon trying to suppress a fire that broke out within the remaining portion of the wreck of the capsized car carrier Golden Ray, which
First barge-to-ship methanol bunkering Advocates of methanol as a marine fuel argue that it offers much the same advantages as LNG, but with fewer complications. Helping to underscore this, the world's first barge-to-ship bunkering of methanol
Measure to help restart Alaska cruises passes Senate Yesterday, the U.S. Senate passed by unanimous consent S. 593, the Alaska Tourism Restoration Act (ATRA), sponsored by Alaska's two U.S. senators, Lisa Murkowski and Dan Sullivan. The bill provides a way
Coast Guard lifts Mississippi River waterway restriction The Coast Guard today lifted a waterway restriction that had been in place from Mile 736 to Mile 737 on the Mississippi River, in the vicinity of the I-40 bridge in Memphis,
VIDEO: Trinidad and Tobago takes delivery of Austal patrol boats Austal Australia has delivered two 58-meter Cape-class Patrol Boats to the Trinidad and Tobago Coast Guard (TTCG). The patrol boats, TTS Port of Spain (CG41) and TTS Scarborough (CG42), were accepted by
LNG is commercial pragmatism, not climate activism LNG's climate credentials are dividing the shipping industry into those who support a transitional switch and those who charge gas...
Port Klang dismisses 'inaccurate' high rollover rate claim Klang Port Authority general manager Capt. K. Subramaniam says 'such high rollovers as alleged would have obviously crippled any port'...
Expert Focus: Shipping's dual-fuel transition In this Expert Focus video, produced as part of Lloyd's List's Future of Shipping programme, Wärtsilä director of R&D and...
Shipping's sustainability scorecard not measuring up Reports varied in quality from disingenuous, to selective or comprehensive with absence of like-for-like numbers to show real progress
West of England combined ratio hits 140% with fourth successive underwriting loss International Group affiliate accentuates the positive, including AAA rating from S&P, good investment return and high level of retention
Expert Focus: The business model in a zero-carbon future In this Expert Focus video, produced as part of Lloyd's List's Future of Shipping programme, OrbitMI chief executive officer Ali...
Limited recourse for cargo delay after Suez closure, says law firm Contractual remedies available to cost, insurance and freight sellers and free on board buyers as charterers against owners also limited
Nations step up vaccinations to boost crew change programmes Employers are planning virus testing hotels in India to restart crew changes. InterManager struggles to receive approval to buy 1m...
FMC constrained in response to export equipment shortage Equipment shortages and high freight rates are a function of supply and demand in a market at full capacity. But...
The Lloyd's List Podcast: Is LNG really borderline greenwashing? Opting for a generation of liquefied natural gas-fuelled ships today will delay climate action in shipping by 20 years, according...
HMM reports record first-quarter operating profit The company wants to add 120,000 teu of dry containers to alleviate the equipment shortage. More than one third of...
Vale tests wind rotor on very large ore carrier Update: The design includes five sails installed along the vessel that is expected to allow efficiency gains of up to 8%...
The week in charts: Transpacific surge boosts global box tally| Moribund tanker rates rally | Special Report: China infographic March proved a record month for global container traffic new data shows, but the figures masked a wider market slowdown...
Daily Briefing Free to read: Maersk seeks a sustainable box shipping model | Capesize market slips as charterers take a breath | US...
Californian ports continue record-breaking throughput trend 'The cargo surge that began last fall doesn't show any sign of stopping,' says the US National Retail Federation's vice-president for...
Wan Hai completes nine-vessel order spree worth $1bn Newbuilding investment comes with the company showing strong earnings performance in the first quarter of the year
US maritime group fears waiver abuse by fuel shippers American Maritime Partnership warns the Biden administration to guard against waiver manipulation by refineries in the wake of the Colonial Pipeline shutdown.
Latvian airline leases A330 jets, removes seats for cargo SmartLynx Airlines is leasing passenger aircraft to fly cargo before using them for their traditional role.
Brazil's Petrobras to maintain asset sales, pricing policies under new CEO Brazil's Petrobras will maintain established policies for asset sales and refined-product pricing under new CEO Joaquim Silva e Luna and his management team, executives said May 14 during a conference call with analysts and investors.
Max Midstream begins test shipments from new Texas crude oil export hub Max Midstream has started moving its first test shipments from its new Texas crude oil export hub at the Port of Calhoun ahead of initiating larger Eagle Ford Shale-grade crude exports to Europe in the coming weeks, the startup company has said.
European jet imports from East for June so far at 430,000 mt Around 430,000 mt of jet fuel coming from the East of Suez is so far scheduled to arrive in Europe in June, according to S&P Global Platts trade-flow software cFlow and fixtures from shipping sources.
Canadian Pacific will respond but will not get into 'bidding war' for KCS Canadian Pacific Railway said it will not get into a bidding war for Kansas City Southern, but promised to respond within the allotted five business days after KCS spurned its $25 billion acquisition agreement with CP for a bigger deal with larger rival Canadian National in an escalation of the Canadian railroad war.
ARA fuel oil stocks drop 11.41% on week to 1.265 million mt: Insights Global Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp region dropped 11.41% to 1.265 million mt in the week to May 13, according to data from Insights Global, following a 6.9% drop the previous week.
Asian gasoline hits 2-month low as Colonial Pipeline restart takes center stage Asian gasoline crack spreads fell to a two-month low in light of a lower than expected US gasoline stock build, as the restart of the Colonial Pipeline in the US on late-May 13 pared back earlier supply-side concerns.
OIL FUTURES: Crude rallies on back of weaker dollar, strengthened demand outlooks Crude futures climbed 2.5% May 14, clawing back much of the previous session's losses amid a weakened US dollar and optimistic demand outlooks.
OIL FUTURES: Crude rally extends as US dollar falters following weak retail sales An overnight crude price rally accelerated in midday trading May 14 amid a pullback in the US dollar.
Ukraine introduces measures to regulate gasoline, diesel fuel prices The Ukrainian government has introduced state regulation in the retail sector, effective from May 15, in an attempt to curb the skyrocketing prices of gasoline and diesel fuel, the economy ministry said May 14.
OIL FUTURES: Crude prices rebound after sharp drop following Colonial restart Crude oil futures are still under pressure from easing supply constraints on the US East Coast and concerns over a global oil demand recovery.
Rosneft's Q1 liquids production down 19.2% on year to 3.75 mil b/d **Liquids output down on OPEC+ cuts, assets disposal **Refining in Russia recovering on higher demand for oil products
Beijing to levy consumption tax on imported mixed aromatics, light cycle oil, bitumen blend from June 12 **Consumption tax on LCO higher than gasoil **Too late to boost imports by deadline **Dampen demand for Venezuelan, Iranian crudes
BUNKERWORLD INDEX: Prices dip amid mixed regional signals, crude weakness **Low contract-fixing activity at Singapore **West Med market to shake off tightness **Ecuadorian market awaits imports to ease tight supply
SINGAPORE DATA: Residue stocks drop 3% on week after 4-year high **Fuel oil imports rise 28% amid increase in Malaysian volumes **Fuel oil exports fall 60%
More than 700 ships, barges stalled in Mississippi River near Memphis: Coast Guard The Coast Guard gave no estimate when that stretch of the river would be reopened.
SINGAPORE DATA: April bunker sales rise 3.5% on year, up 1.4% from March The overall rise in bunker sales was driven by a jump in high sulfur bunker fuel sales, the data showed.
Samsung Heavy Industries says completes LNG R&D facility at Geoje shipyard Samsung has received orders for more than 170 LNG carriers to date, it said.
Weak bunker demand pushes Singapore Marine Fuel 0.5%S cargo cash differential to 8-month low 'Due to the weak bunker prices, spot demand is now the new normal," a bunker supplier said.
Bullish tanker supply outlook supplying hope past 'challenging next few months': Teekay "It's not going to be a great quarter," CEO Kevin Mac Kay said regarding the second-quarter outlook during the Teekay's first-quarter 2021
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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