Senate Armed Services adds a second destroyer to Navy budget The Senate Armed Services Committee has passed a version of the FY 2022 National Defense Authorization Act that puts back the second Arleigh Burke class destroyer that the Navy had cut from
VIDEO: North Sea gas platform set for green hydrogen pilot Can offshore wind, offshore gas and offshore green hydrogen production all play nicely together? That's the hope of an interesting project now getting started in the Netherlands. A working Dutch North Sea
VIDEO: Kuwait Oil takes delivery of multipurpose spill responder Recently delivered to Kuwait Oil Company by Uzmar Shipyard, the 60-meter RAmpage 6000-ZM vessel Koc Al Zour, is the largest Robert Allan Ltd. design ever built in Turkey. She is designed and
Keppel O&M's Floating Living Lab will be part hydrogen fueled One of the ways in which hydrogen is set to play a role as a marine fuel is in blends with LNG. Now this use of hydrogen is to find an application
Gladding-Hearn delivers first pilot boat in new class The Association of Maryland Pilots has taken delivery of a new class of pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation, in Somerset, Mass. Called the Baltimore Class after the pilots' base of
Powering ships with hydrogen: the myths and misconceptions explained By Dr. Joseph Pratt, CEO/CTO of Zero Emission Industries Welcome to the first of a series of columns about the latest and greatest technologies for marine power. We will cover everything from
Port state control crackdown on stability in works Member authorities of the Tokyo and the Paris Memorandum of Understanding (MoU) on Port State Control are to launch a joint Concentrated Inspection Campaign (CIC) on vessel stability. It will be held
Oil fund agrees compensation to Israel for 'mystery' tanker spill Experts from the IOPC Funds urged to continue investigation to find polluter
The Lloyd's List Podcast: Dissecting the EU's climate offensive on shipping In the first of this two-part special edition of the Lloyd's List Podcast, our sustainability editor Anastassios Adamopoulos spoke at...
Shipping seeks clarity on UK's seafarer vaccine policy The UK Chamber of Shipping has asked the government to better publicise the fact it is vaccinating foreign seafarers, saying...
Cypriots warn European Commission proposals may miss the mark 'Fit for 55' package fails to ensure actual emissions will be reduced while 'unfairly' burdening the industry, claims Cyprus Chamber...
Suspected cyber attack disrupts South African ports The outage, widely interpreted to have been a cyber attack, was said to have affected the NAVIS terminal operating system...
First digitally controlled arrival opens way for widespread efficiency gains Wärtsilä has received expressions of interest from several sectors of the industry following the arrival at Tanger Med of Kobe...
Paying lip service to casualty investigations is risking lives It's time to investigate the investigators and shut down flags that cannot meet basic safety standards. Casualty reports set up...
WHO pushes for seafarers to be a priority for vaccines The World Health Organization has recommended seafarers get priority for vaccinations, in a change to guidance for transport workers. With...
Shipping and ports on UK's 'pingdemic' exemption list Department of Health and Social Care is 'determined to make it as administratively burdensome as possible, in order to keep...
The week in charts: Rampant recycling rates | Bulker blockage | LNG imports hit the gas Scrapping rates continue to rise on the Indian subcontinent, with boxships leading the way topping $600 per ldt. Meanwhile, more...
Port operations in Shanghai and Ningbo disrupted by typhoon China's National Meteorological Centre has issued an orange alert, the second most-serious level, for the storm, which is expected to...
Daily Briefing Can the iron ore trade prop up capesizes? | Insurers were among staunchest opponents of closing Lloyd's salvage branch |...
Iran opens Gulf of Oman oil terminal to bypass Strait of Hormuz According to the sanctioned country, the new oil terminal is a strategic move to secure the continuation of oil exports...
Air Canada sets record for cargo revenue in second quarter Cargo was the good news for Air Canada in the second quarter as the company still struggles out of a pandemic hole.
COVID-19 measures in Vietnam pummel an already bruised supply chain Vietnam is the newest epicenter for supply chain chaos. Manufacturing and port activity have been cut by new COVID precautions.
4 challenges of drayage - and the FreightTech companies solving them FreightWaves examines the challenges of drayage logistics and the technology companies that are overcoming them.
TENDER DATA: India's MRPL offers 25,000 mt VLSFO for H2 August loading MRPL last sold 25,000 mt of IMO-compliant fuel oil loading over Aug. 6-8 to Shell.
TENDER DATA: S Korea's EWP seeks VLSFO Aug 5-9 delivery The company last bought via tender 25,000 mt of 540 CST LSFO with maximum 0.3% sulfur for delivery to Ulsan over July 31-Aug. 4, CFR. Buyer details could not be confirmed.
TENDER DATA: S Korea's EWP buys VLSFO for July 25-29 The company last bought via tender 25,000 mt of 540 CST LSFO with maximum 0.3% sulfur for delivery to Ulsan over Jan. 22-26 , CFR, S&P Global Platts reported previously.
BUNKERWORLD INDEX: Bunker prices drop on week after OPEC+ supply announcement Firming sentiment of tightened supply in the regional bunkers market failed to offset concerns of more crude oil returning to the global scene, after bunker prices dropped on the week in response to the OPEC+ supply announcement.
BRAZIL DATA: Petrobras boosts Q2 refinery output on year amid demand recovery Brazil's Petrobras boosted output of diesel, gasoline and bunker fuel 6% on the year in the second quarter, as Latin America's biggest economy continued to rebound from the world's second-deadliest coronavirus outbreak.
EUROPEAN VGO: Six vessels load in week to July 23 Loadings of European vacuum gasoil in the week to July 23 totaled 77,910 mt, up from 49,500 mt in the week previous, according to Platts trade flow software cFlow, with six vessels loaded.
Norway's Equinor sees role for blue hydrogen beyond 2050 in net-zero CO2 world Norway's state-controlled energy company Equinor is confident there is a long-term role for hydrogen produced from fossil fuels with carbon capture and storage, the company's senior vice president for low-carbon solutions Grete Tveit told S&P Global Platts.
OIL FUTURES: Crude prices post small gains to end rollercoaster week Crude oil futures ticked up slightly July 23, ending higher for the fourth consecutive day on optimism that global production increases would fall short of a demand recovery.
Global fuel recovery shrugs off delta danger on path to pre-pandemic norms With most global trade taking place on the high seas during the pandemic, bunker fuel demand has remained resilient and is expected to rebound to average 3.6 million b/d this year after dipping 11% during 2020, Platts Analytics states.
SINGAPORE DATA: Residue stocks hit 6-week high as fuel oil imports surge Underpinning the rise in residue inventory was a 79% increase in fuel oil imports over the same period to 1.28 million mt, as imports rose from all regions except Europe. The total imports were last higher in the week ended April 14, at 1.44 million mt.
RWE, Shell, Equinor plan 300 MW green hydrogen project in German North Sea The project aims to demonstrate that offshore-based hydrogen production enables an efficient, cost-effective and sustainable way to produce green hydrogen.
Bunkering lead time for Singapore-delivered MF 0.5%S lengthens amid tight supply The premium for supply of Singapore ex-wharf marine fuel 0.5%S bunker on a term contract basis for August dates were being inked at a premium of $3.50-$3.75/mt over Singapore Marine Fuel 0.5%S cargo assessments, industry sources said.
CHINA DATA: Crude quota vacuum pushes buyers toward costly bitumen blend imports Traders and refiners in China have continued to import bitumen blend in July despite the feedstock now attracting a new consumption tax of Yuan 1,218/mt ($188.40).
Australia first liquid hydrogen shipment to Japan delayed to Oct-Mar The carrier had previously been expected in July-August.
CHINA DATA: June fuel oil exports jump 31% on year to 1.7 mil mt All these exported fuel oil barrels were under warehouse trade and processing trade regime, suggesting that they were all for bonded bunkering.
UK government misses latest hydrogen strategy deadline Secretary of State for Business and Energy Kwasi Kwarteng said July 21 that the strategy would be published in the next few weeks.
Vitol Bunkers adds first offshore location to USGC, Caribbean supply offering This deepwater supply point complements Vitol Bunkers' existing presence in port locations across the US.
S Korea's Hyundai Oilbank to sell oil storage terminal stake to fund green energy projects The company's board has approved a plan to divest 90% interest in Hyundai Oil Terminal to J& Private Equity Fund, a company official said.
Environmental groups protest latest Driftwood gas pipeline proposal at FERC In their July 21 protest, Sierra Club and Healthy Gulf argued Driftwood Pipeline's single precedent agreement must be made public.
UK fuels supply group plays down pandemic shortages as BP faces driver issue "Our supply chain has been impacted primarily by the industry-wide driver shortages across the UK," BP said.
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