VIDEO: BHP charters in two more Rotortugs for Port Hedland Rotterdam-headquartered Kotug reports that two newbuild Rotortugs - RT Imperieuse and RT Clerke - have arrived in Port Hedland, Australia, to start a long term charter to mining giant BHP. Both vessels
New Eastern Shipbuilding C5ISR production facility supports OPC construction Eastern Shipbuilding Group this week commissioned a new C5ISR (Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance, and Reconnaissance) production facility at its Allanton, Fla., shipyard. The new, dedicated shore-based facility is specifically
Navy: Loss of Bonhomme Richard "completely preventable" The U.S. Navy yesterday released two reports into the fire aboard USS Bonhomme Richard (LHD 6) on July 12, 2020, that caused such extensive damage that it was subsequently decided to decommission
DSC Dredge to construct one of the largest 24-inch dredges in U.S. Reserve, La., based DSC Dredge LLC is to build a custom 24-inch dual pump Marlin Class dredge; one of the largest of its kind in the United States, to maintain U.S. navigable
Port of Oakland: No congestion here Officials at the Port of Oakland, Calif., are calling on shipping lines to route more to the port in the middle of supply chain crises elsewhere. The port says its marine terminals
Exmar joins forces to develop new type of CO2 carrier The carrier will also be suitable for liquefied petroleum gas and ammonia transportation
European Shippers' Council names Stiftner as president New ESC president calls for greater transparency so the industry can meet challenges such as the pandemic, highlighting the importance...
Reefer sector loses its allure Reefer cargoes, with their more expensive freight rates, used to be the darlings of the container sector. But the battle...
Chinese lessors weigh options of bearing owners' green risks The scale of Chinese ship lessors should allow them to exert greater influence on the path of developing alternative marine...
Capital bond raises $175m to fund LNG carrier deals Athens Stock Exchange's second mainstream shipping bond is a new source of capital for some but not for all
UK ports cautiously optimistic for year ahead UK ports business have been hit by the pandemic and by Brexit. Despite the challenges, the majority are looking to...
Singapore uses Tuas storage to tackle supply chain disruption More than 2,500 local workers have been recruited to boost its workforce by around 20%, senior minister says
Frangou says Navios will enter more sectors Navios chief Angeliki Frangou says diversification makes company more resilient and brings advantages to both chartering and acquisitions
Daily Briefing P&I club general increases unnecessary, says Marsh | FuelEU rules open to abuse, say EU shipowners | Greece urges immediate...
China to extend influence on shipping, says Cosco chief The Regional Comprehensive Economic Partnership, which it is hoped will take effect in January, 'will become the most promising growth...
Baltic Exchange names ex-RightShip chief as carbon lead The Baltic Exchange says it is laying the foundations for consistency in the way in which carbon is priced into...
Federal panel recommends military drivers help clear ports Military truck drivers and $1,000-per-chassis tax credit incentives are part of a slate of recommendations for the commerce secretary to consider to help unclog U.S....
Mesa Air to become first US airline to test drone delivery Regional operator Mesa Air Group will begin testing last-mile drone delivery in a partnership with manufacturer Flirtey.
American Airlines' Q3 cargo yields double from pre-crisis levels American Airlines is riding the cargo wave, like its competitors, but a challenging passenger environment is holding back its financial performance.
Brazil's fuel production dips slightly amid maintenance, expansion efforts: Petrobras Petrobras previously warned distributors it may not be able to meet stronger-than-usual demand for diesel, gasoline in November.
Crude futures pull back from multiyear highs as pandemic concerns prompt profit-taking Despite near-term demand pressures, forward structure continues to reflect longer-term bullish sentiment.
OIL FUTURES: Crude prices fall amid mixed inventory indications Crude futures fluctuated through the morning, following a mixed picture from US inventories this week, with Oct. 20's Energy Information Administration report showing crude oil stocks declining.
RUSSIA DATA: September refining throughput rises 4.7% on year to 22.746 mil mt The year-on-year increase in throughput was due to run cuts last year, while the monthly decrease was due to autumn refinery turnarounds.
FUJAIRAH DATA: Sep bunker sales slip 9.5% on month as high prices curb demand Buyers held off purchases as long as possible in September because the rally in crude oil drove up costs, traders said.
Demand for all kinds of energy is 'insatiable' as focus turns to storage ahead of winter: BP CEO There are "questions around supply and demand in the market and of course when you start heading into the winter people begin to worry and then you have a degree of speculation entering the market,' BP CEO Bernard Looney said at the India Energy Forum by CERAWeek.
TENDER DATA: Thailand's PTT sells IMO 2020-compliant fuel oil for Nov 7-9 loading The company did not export IMO 2020-compliant cargoes over August-October due to higher domestic bunker demand and an unexpected shutdown of its crude distillation unit.
KPI, Straits Bunkering employees in Singapore charged for corruption Between June 2017 and August 2018, Muhammad Afzal Bin Mohamed Ekbar, a bunker trader at KPI Bridge Oil Singapore Pte Ltd at that time, had allegedly obtained gratifications totaling at least $191,250 from Mohammad Shafiq Bin Nezammuddin, director of Straits Bunkering Pte Ltd at that time, the CPIB said in a statement on Oct. 19
Ineos plans hydrogen production for transport from UK Runcorn chemicals site 'Hydrogen-powered transport will play a critical role in the UK's journey to net-zero,' Inovyn CEO Geir Tuft said.
Platts to eliminate use of 'hand blends' in trades reported through US MOC process for 0.5%S marine fuel Market feedback suggested it was not common for 0.5%S marine fuel to be delivered from multiple tanks for a single transaction and blended on the receiving vessel in the US for barge-sized transactions.
South Korea-Japan delivered Marine Fuel 0.5%S spread flips to discount on tight supply in Tokyo Bay Demand in South Korea has been below average over the past week, with multiple traders saying it was notably weaker than in September.
Singapore's HSFO crack weakens on Kuwait's unexpected export, demand drop Kuwait Petroleum Corp. unexpectedly sold a HSFO cargo for prompt loading after a fire broke out at Mina Al-Ahmadi refinery on Oct. 18, fuel oil traders said.
Singapore-delivered 380 CST HSFO bunker delivery lead time blows out to 6-12 days on tight supply Congestion at Straits terminals following a COVID-19 outbreak at Universal Terminal in early October has further tightened barge availability.
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