AWO strengthens partnership with Green Marine Aiming to advance environmental stewardship in the U.S. tugboat, towboat and barge industry,AWO (the American Waterways Operators) has become an association member of Green Marine, the largest voluntary environmental certification program for
Conrad cuts steel for GLDD hopper dredge Signaling the start of construction of a 6,500 cubic yard trailing suction hopper dredge, Conrad Shipyard hosted a steel cutting ceremony for Great Lakes Dredge & Dock Corporation (GLDD) at its Deepwater
VesselsValue sees offshore wind as opening up opportunities for liftboats Online valuation and data provide VesselsValue has added liftboats to its coverage. Robert Day, Head of Offshore at VesselsValue, says that last year saw a spotlight on renewables, particularly offshore wind energy,
Electric-ready ferry will feature Schottel main propulsion The 89 meter long double-ended car/passenger ferry being built by Western Pacific Marine Inc. at its Vancouver, B.C. shipyard for the British Columbia Ministry of Transportation will feature a Schottel main propulsion
Seaspan Ferries to trial new Corvus Blue Whale ESS A large-scale energy storage system (ESS) designed by Corvus Energy for large ships is to have its inaugural field trials on a cargo ferry operated by Delta, British Columbia, based Seaspan Ferries.
IMO and WISTA launch Women in Maritime Survey To examine the proportion and distribution of women working in the maritime sector, from support roles to executive level positions, the International Maritime Organization (IMO), and the Women's International Shipping & Trading
Port of Jacksonville sees a first in ship-to-ship bunkering of liquefied natural gas "This commercial bunkering is a major milestone for TOTE Services and a significant step toward supporting clean-fueled vessels operating around...
EIA sees robust future for US natural gas and LNG even as Arctic weather shuts down exports LNG exports are expected to average 8.5bn cu ft per day in 2021 and 9.2bn cu ft per day in...
Covid-19 takes its toll as oil majors post record losses in 2020 Most of the loss, $69bn, can be attributed to asset impairments and write-offs as the supermajors re-evaluated strategy to become...
Is shipping ready to follow Maersk's 'carbon neutral' lead? Maersk's decision over its future vessels adds pressure on its peers to do follow suit, and on regulators to be...
'Renewal of consolidation' for Gard 'We have a very strong renewal. It is a renewal of consolidation, that's probably the theme this year. Some shipowners...
Panama Canal raises slot booking prices After freezing fees for the past year, the ACP is now putting prices up. Changes will simplify the system and...
Star Bulk reports higher operating costs on crew changes The dry bulk owner, which has been on a buying spree, says it remains optimistic about the market dynamics, with...
Between the Lines: Boom or bust - carriers hard-pressed to ignore rate rewards Carriers' pricing behaviour shows prioritisation of short-term profitability over customer relationships, a move that while questionable would have seen them...
Maersk Tankers steps up calls for regional carbon levies The shipping industry needs to engage with Brussels as the European Union takes a closer interest in green shipping and clean...
From the News Desk: Unsafe passage DNV GL's warning of a 'looming safety gap' in the green transition comes amid concerns over firefighting standards, asbestos on...
World boxship fleet update: Tonnage providers return to yards Carriers have been focusing on buying replacement tonnage as their fleets age, but it has mainly been for ultra-large vessels...
Golden Ocean bullish on 2021 prospects The Norway-based company, which is bullish on dry bulk freight given tight supply-demand fundamentals, will keep most of its vessels...
China's mega ports strengthen grip on box trade The lockdowns across key global economies led to a collapse in volumes followed by a sharp recovery. But most port...
Daily Briefing Free to read: Vietnamese owners linked to oil trades | Clubs go easy on worst-hit sectors | Maersk accelerates carbon-neutral...
Panamax earnings approach 14-year high Freight rates for panamaxes have been pushed up as available tonnage in the Atlantic region is limited. US Gulf and...
The big get bigger in public dry bulk shipping Star Bulk and Golden Ocean have recently acquired almost $1 billion in ships between them as they seek more exposure to the dry bulk market.
OIL FUTURES: Bullish crude draw offset by returning crude volumes, vaccine delays Crude oil prices dipped on Feb. 18 as a bullish draw in commercial crude oil inventories and a spike a US oil exports were offset by returning domestic production volumes and coronavirus vaccine rollout delays triggered by the long freeze in Texas and neighboring states.
IMO's norms on cutting carbon in merchant ships likely from Oct 2022 The draft amendments to the International Maritime Organization's mandatory rules on reducing carbon emissions in all ships globally, if adopted, are likely to be implemented from October next year and will be applicable to the world's entire commercial fleet, the IMO said Feb. 18.
Global hydrogen projects accelerating with $300 billion proposed investment: report Hydrogen initiatives are accelerating globally, the Hydrogen Council said Feb. 17 in a report coauthored with consultancy McKinsey.
LNG Bunker Weekly: Ammonia slated as alternative fuel for gas carriers; Maersk to launch 2,000 TEU methanol vessel in 2023 As international shipping gears up for the International Maritime Organization's greenhouse gas emission cut targets, ammonia's use as an alternative fuel for ships is likely to gain momentum, with gas carriers expected to be early adopters, industry experts told S&P Global Platts.
Norway's Statkraft partners with Yara, Aker on 450 MW green H2 to ammonia project Norwegian power utility Statkraft has signed a Letter of Intent with chemical company Yara and clean hydrogen company Aker Horizons to establish Europe's first large-scale green ammonia project in Norway, incorporating 450 MW of electrolysis, the state utility said Feb. 18.
Global crude supplies set for quality shift as OPEC+ unwinds pandemic cuts Oil supplies from OPEC and its key producer allies are set to begin flooding back to the market this year, triggering a shift in global crude quality which could bring welcome relief to swathes of embattled refiners struggling to turn a profit in the wake of the pandemic-trigged demand collapse.
For green hydrogen to catch up with blue, it's a long ride in India "Until such time green hydrogen processes are fully developed, blue hydrogen can supplement overall hydrogen supply," Malhotra said.
SINGAPORE DATA: Jan bunker sales steady on year, up 5% from Dec This represents the highest volume of monthly sales that the world's largest bunkering destination has notched up since January 2020.
Singapore delivered marine fuel 0.5%S premium surges to 7-month high on tight barges Market sources attributed the steep climb in prices to a shortage of barges and loading congestion for prompt dates.
Ammonia in a sweet spot to meet shipping's decarbonization objectives: experts The phrase being "ammonia ready" is already gaining recognition globally, Brown said.
Asian refiners shrug off crude allocation cuts as focus turns to surplus oil products The cut reflects OPEC's strong commitment to curb supply through the first quarter.
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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