Biden nominee would be USCG's first female 4-star admiral President Biden has nominated Vice Adm. Linda L. Fagan to serve as Vice Commandant of the U.S. Coast Guard. If confirmed by the Senate, Fagan would serve as the first woman to
BV classes Singapore's first hybrid vessel Classification society Bureau Veritas (BV) reports that it has certified and classed Singapore's first hybrid-powered vessel. Built, owned and operated by Singapore-based Penguin Shipyard International, a subsidiary of Penguin International Limited, Penguin
Huntington Ingalls gets $107 million for LHA 9 advance procurement Huntington Ingalls Industries (NYSE:HII) report that its Ingalls Shipbuilding division has received a contract modification from the U.S. Navy worth $107 million to provide long-lead-time material and advance procurement activities for amphibious
Vane Brothers adds another 3,000 hp tug to fleet Recently delivered by Chesapeake Shipbuilding and Naval Architects of Salisbury, Md., the 3,000 hp model bow tug Cape Henry is the eighteenth Maryland-built tug to join the fleet of Baltimore-based Vane Brothers.
SEA-LNG: World Bank has it wrong on LNG Industry coalition SEA-LNG is firing back against a World Bank study that sees LNG as "likely to play a limited role" in decarbonizing shipping and recommends countries should "avoid new public policy
Innovative LNG bunkering tanker is adaptable to zero emissions fuels Danish naval architectural consultancy Knud E. Hansen is launching the X-gas project, a series of liquified gas/gas bunkering vessels that provides a platform that could be expanded to handle zero emission fuels
US will push IMO to adopt target of absolute zero emissions by 2050 US special presidential envoy for climate John Kerry announces the US wants the International Maritime Organization to adopt a zero...
Ports can play a vital role in decarbonisation Ports can use their role as the interface between land and sea to act as hubs for energy transition. But...
Capital Product agrees to sell neo-panamax pair for $195m Industry sources said the buyer of the 9,288 teu eco-flex wide beam pair is Mediterranean Shipping Co, which has been...
First new handysize FFA trades completed Shipbroker SSY expects sustained growth in handysize FFA trading after the first contracts based on the bigger 38,000 dwt vessel...
Suez Canal releases two Ever Given seafarers Investigations into casualty are proceeding as negotiations with owners and insurers regarding $1bn compensation continue, according to Osama Rabie
Shipping added to new UK emissions targets The UK's sixth Carbon Budget will, for the first time, incorporate the nation's share of international aviation and shipping emissions...
Norden's bulker asset plays pay off Danish owner and operator also flips a bulker it bought in December for a tidy profit as it benefits from...
Data shows five clubs lost tonnage at renewal round 'Overall tone of nearly half of the commentary published by clubs this year was less upbeat than in previous years...
US says Russian threat to block Black Sea is 'escalation' Russia's state media said Moscow plans to suspend access to the Black Sea for foreign warships and 'other state ships'...
Red tape holding back evolution of supply chain A McKinsey study found that the US experienced 10 years of e-commerce growth in just three months at the peak...
Cyprus launches debate on long-term maritime strategy Cyprus is committed to maintaining a balance between green transformation of the industry and safeguarding competitiveness, but wants the widest...
Standard Chartered signs up to Poseidon Principles Announcement was made by Abhishek Pandey, the bank's global head of shipping, during a marine money forum on Tuesday as...
Daily Briefing Free to read: Rejecting LNG as a marine fuel 'not yet feasible' | Evergreen blocked from offloading cargo from Ever...
Skilled crews are key to shipping's decarbonisation aims, says Synergy chief The shipping industry will be reliant on skilled crews to safely manage emerging fuels and technologies, said Mr Unni
Trans-Pacific contract rates slip from peak but still historic U.S. importers will be paying a lot more for annual ocean contracts this year, but pricing inflation has eased.
Hapag-Lloyd shelling out more than half a billion dollars for containers "The container shipping industry is currently seeing unprecedented demand, which has led to a shortage of containers all over the world," says CEO Rolf Habben...
Among Piers: Container record, terminal opening and COVID-19 vaccines "We have invested in the right infrastructure at the right time to handle growing cargo volumes and bigger ships," says South Carolina Ports' Jim Newsome.
Repaired MSC Ariane resumes voyage to LA The container ship now is expected to anchor in San Pedro Bay on May 1.
Cargo, new passenger demand brighten United Airlines' outlook United performed worse in the first quarter than some analysts expected, but the consumer mood has shifted as the economy reopens and United says it...
Crude prices slide on India lockdowns, US-Iran negotiation progress Indian officials already imposed weeklong lockdowns in many parts of country.
Carbon levy of $200-$300/mt needed for sustainable shipping: Lloyd's Register Hydrogen, ammonia remain options for green shipping.
Panama Canal suspends Neopanamax Locks draft reduction: ACP **Planned Neopanamax restrictions to 48.5 ft, 48 ft suspended **Sustained 49 ft draft allows fully-laden Aframax passage
TFG Marine's first mass flow meter at Rotterdam in operation The measuring tool has been used onboard TFG Marine-Chartered MTS Sydney, owned by UniBarge, to enable the company to make accurate and transport fuel deliveries at the port, it said.
UK targets 78% cut in GHG emissions by 2035, to include aviation, shipping **Supports CCC's Sixth Carbon Budget **To cover international aviation, shipping **Consistent with Paris Agreement goal
Japan's ENEOS to raise weekly wholesale oil product prices by Yen 1,500/kl: sources **Base price for gasoline likely to be Yen 60,000/kl **Prices effective April 22-28 for cargoes loaded by tanker trucks
Aviation's slump, lifestyle changes restrain global emissions: IEA **Reduction in flights helps keep global emissions under 2019 level **Oil demand increase this year to be fastest since 1976, led by China
Libya's NOC declares force majeure on Marsa el-Hariga exports amid budget crisis **NOC says crude output could fall by 280,000 b/d **Sarir and el-Bayda field production already impacted **Budget crisis starts to impact production recovery
OIL FUTURES: Crude prices move higher on vaccine optimism in Europe, US "Higher cases in India and Brazil are affecting demand but they are smaller markets than Europe, so if Europe recovers quickly it offsets them," BCS' senior oil and gas analyst Ron Smith said
Oman Tank Terminal signs Duqm bunker agreement: report **Terminal will store heavy fuel oils, lighter distillates **OTTCO also building storage at Duqm export terminal
REFINERY NEWS ROUNDUP: Most works in Africa completed, Indeni remains offline Africa-focused Sahara Energy has doubled its storage capacity for refined products in Tanzania with the construction of new storage tanks, it said.
S&P Global Platts amends composition of Bunkerworld Index (BWI)
Zhoushan, Shanghai 0.5%S marine fuel differentials drop to all-time lows on rising supply **Local refiners ramping up production **Other Chinese ports also see weak prices
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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