Biden administration unveils plans for California offshore wind Mid-2022 could see the first offshore wind lease sale for a Wind Energy Area (WEA) off the coast of California, opening the way for the first floating wind farms off the U.S.
Del Wilkins elected as new AWO Chairman The members of the American Waterways Operators, the national tugboat, towboat and barge industry association, elected a new slate of leaders last week during the association's Spring Board of Directors / Annual
VIDEO: Fire ravages 2021-built containership Dramatic footage released by the Sri Lanka air force yesterday shows flames and smoke continuing to erupt from a virtually brand new 2,700 TEU containership despite firefighting efforts that have been continuing
EBDG weld procedure reduces downtime for critical defense asset Naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) reports that it led a complex weld engineering and inspection project for the USNS SBX-1 that included developing an optimized weld
Eastern lays keel for second OPC Eastern Shipbuilding Group Inc. (ESG), Panama City, Fla., yesterday hosted the keel authentication ceremony for the second vessel in the U.S. Coast Guard's new offshore patrol cutter (OPC) program, the future USCGC
Wintermar wins 5-year contract for 2 AHTS vessels Indonesia's Wintermar Offshore Marine Group reports that it has booked a contract valued at $22 million that will see it supply two Anchor Handling Tug Supply vessels to support production off the
From the News Desk: China port congestion persists as India braces for cyclone A small cluster of coronavirus infections at China's Yantian port has added to congestion woes. India's east coast braces for...
China and US 'lead tanker market turnaround' Hafnia and Evercore have cited the drawdown of the land-based surplus of crude and products as positive for tanker markets
Australian firm targets carbon neutral methane bunker exports Southern Green Gas is targeting 10m tonnes of annual renewable methane production. Managing director Rohan Gillespie told Lloyd's List that...
China's signal to speculators may well support dry bulk freight rates The warning likely aimed at those who hold large futures positions could see lower traded volumes, which in turn may...
Seanergy buoyed by rising capesize rates Greek capesize specialist posted a first-quarter loss but is eyeing considerably higher earnings over the coming quarters
Yantian Port halts entry for export containers Maersk expects the port congestion level to increase due to the quarantine measures implemented by local authorities
Chinese digital logistics platform raises $100m The fundraising has shown the appetite of venture capital for digital solutions that could bring revolutionary changes to the logistics...
Seaspan completes $500m sustainability-linked bonds placement The containership owner said the pricing of the debt will be subject to its fleet's alignment with the International Maritime...
European export container shortages set to worsen The number of loaded containers arriving in European hubs is increasing. But high prices for secondhand equipment indicate backhaul boxes...
Collaboration core to autonomous ship development By interacting with the latest available autonomous technologies and working within joint industry projects, ClassNK is playing a key role...
Crew evacuated after explosion on X-Press Pearl Firefighters and salvors are continuing to battle the fire on the 2,700 teu feeder vessel. Containers with chemical cargoes have...
Daily Briefing Free to read: UGS censures leading Greek owner for 'Black Trail' remarks | Taylor Maritime's oversubscribed IPO draws in shipowner...
India's east coast ports brace for 'very severe cyclonic storm' Ports on India's eastern coast have advised vessels to vacate anchorages ahead of a cyclonic storm, which is expected to...
Seanergy vessel deal expands capesize fleet to 16 Delivery of the vessel, which has a cargo-carrying capacity of approximately 181,000 dwt, will bring the firm's fleet to 16 capesize...
Crude edges higher as market weighs US-Iran negotiations ICE US Dollar Index dips in afternoon trading, on pace for lowest close since Jan. 6.
India's LMCS Maritime sells Suezmax tanker at over $16 million: sources The deal is significant as several investors are sniffing around for dirty tankers amid US-Iran talks exploring the possibility of lifting sanctions on the Persian Gulf nation.
OIL FUTURES: Crude rangebound as outlook remains positive on falling supply fears "It seems that the market no longer expects the nuclear agreement between the US and Iran to be reinstated in the near future, or therefore that Iranian oil exports will quickly return to the global market," Commerzbank's head of Commodities Research, Eugen Weinberg, said in a note.
Vitol announces new bunkering arm, expansion in marine market **Will supply where company already has a presence **Looking into providing future fuels
Oman's Sohar port unaffected by nearby protests over job cuts: traders **Duqm bunkering seen ready in 3 months **Sohar port 2020 throughput at 62.5 mil mt **Job protests rare in Oman
ARGENTINA DATA: Diesel, fuel oil imports rising on low gas output Cammesa purchased two cargoes of fuel oil from Petrochina, sources said, though S&P Global Platts was unable to confirm details.
China's consumption tax seen hurting bitumen blend imports in H2: sources **Around 2.5 mil mt cargo to be discharged in May **Refiners may continue imports by re-allocating tax cost **Heavy crude to be in favor
Hafnia sees improvement ahead for weak oil product tanker segment Hafnia said weak oil demand due to the coronavirus pandemic suppressed the product tanker market for most of Q1.
Hin Leong action paves way for continued strength in Singapore bunker market **Greater focus on counterparty risks, commodity financing standards **Some ships under Ocean Tankers already sold off **Bunker market stays robust; sees entry of new bunker suppliers
Asian refiners poised to heavily favor Iranian condensate for better product margins Iran's President Hassan Rouhani said on May 20 that a "main agreement" has been reached.
India's May oil imports, crude runs likely to witness full impact of pandemic Some refiners are expected to reduce runs while some have already done so as sales for H1 May were weak.
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