Halter Marine awarded $555.2 million for second Polar Security Cutter The Naval Sea Systems Command, Washington, D.C., has awarded Pascagoula, Miss., based shipbuilder VT Halter Marine Inc. a $552,654,757 fixed-price incentive modification to previously awarded contract N00024-16-C-2210. The modification exercises an option
USCG issues interim rule on fire safety of small passenger vessels In response to the deadly Conception dive boat fire, the U.S. Coast Guard is issuing an interim rule as the first step to implementing statutorily mandated requirements for fire safety on certain
Lydia Ann Channel Fleet christens new towboat in Texas Fleeting and fuel service provider Lydia Ann Channel (LAC) Fleet, Rockport, Texas, christened the M/V Samantha Trueheart, a 78- by 34-foot towboat, in a ceremony held October 30. The 2,000 hp. vessel
CRS issues briefing on Navy's next-gen logistics ship In a December 21 stock exchange filing, Austal Limited (ASX: ASB) reported that its Austal USA subsidiary has been awarded a $2 million contract to perform design studies for the United States
VIDEO: CBS looks inside the Sea Change ferry SWITCH Maritime's landmark Sea Change hydrogen-powered ferry project got a lot of attention at Marine Log's FERRIES 2021 event. Now it is starting to get some much needed mass media coverage. Watch
NES to equip cable layer for zero emission operations Oslo-listed HAV Group ASA reports that its Norwegian Electric Systems AS (NES) subsidiary has won a contract to supply the battery and control systems that will allow zero emissions cable lay operations
MOL's fuel saving PBCF sets Guinness World Record Mitsui O.S.K. Lines, Ltd. (MOL) reports that the propeller boss cap fin (PBCF) sold by its group company MOL Techno-Trade, Ltd. has been certified as the "Best-selling Energy-Saving Ship Appendage Brand (Cumulative)"
Q&A-Part 2: Blue Sky Maritime on net zero emissions for shipping Part 1 of our interview with David Cummins and Blue Sky Maritime Coalition appeared on our website earlier. ML: What tips do you have for a company to develop a supply chain-wide
Op-Ed: Access technology to improve touch points in workboats By Mike Kiefer, Business Development Manager-Transportation, Southco Inc. The current global market for workboats is still dealing with the effects of the COVID-19 pandemic and lingering supply chain and labor force complications,
Euroseas wins boxship charters at stronger rates Chairman and chief executive Aristides Pittas says Euroseas expects to 'continue benefitting' from the strong charter market as it lines...
Container shipping heads to court: Who's suing whom? MSC sues Deere, patent owner sues six shipping lines, box-overboard cases pile up, and Hanjin's ghost tries to collect.
FMC encourages shippers to file complaints against ocean carriers The Federal Maritime Commission is ratcheting up pressure on ocean carriers to reduce logistical challenges for their customers.
McDonald's rents cargo jets to fix french fry shortage in Japan McDonald's called in the air cavalry to overcome shipping disruptions that forced it to ration french fries in Japan.
The fascination with port congestion: American Shipper's top headlines of 2021 Putting money on what American Shipper readers were clicking on in 2021 would be a safe bet.
SOUTH KOREA DATA: Nov middle distillates output down 4.7% on month South Korea's middle distillates production in November was 4.7% lower month on month but up 4.2% year on year to 40.33 million barrels, Korea National Oil Corp. data showed.
US crude and products stocks show steady declines US crude oil inventory declines extended in the week ended Dec. 24 as refinery demand remained high and production ticked back up, Energy Information Administration data showed Dec. 29.
US DATA: ULSD stocks fall despite increase in production US diesel production increased to its highest level in over four months during the week ended Dec. 24, Energy Information Administration data showed Dec. 29.
OIL FUTURES: Crude prices extend rally after bullish US inventory data Crude oil futures extended their rally Dec. 29 on a rollercoaster day for prices after the US government data showed falling inventories of crude and refined products.
REFINERY NEWS: Russia's Moscow starts construction of deep processing complex Works have started on the delayed coker, hydrogen and hydrocracker units, which are part of the complex, due for completion in 2025.
OIL FUTURES: Crude turns lower as US stock levels drop US crude inventories dropped more than 3 million barrels in the week ended Dec. 24, in line with industry expectations, after falling by just shy of 4 million barrels the week RUSSIA DATA: November refining throughput rises 7% on year to 23.846 mil mt The year-on-year increase in throughput was due to run cuts last year, while the monthly drop was due to still ongoing autumn refinery turnarounds.
RUSSIA DATA: Novorossiisk, Primorsk ports' Jan-Nov throughput up amid crude rise Transshipment of liquid cargoes during the reporting period rose 4.3% on the year to 84.1 million mt, buoyed by a 2.9% hike in crude to 51.27 million mt and a 7.2% increase in refined products to 31.85 million mt, NMTP Group said in a statement.
Sumitomo Corp., Keppel Offshore & Marine eye developing ammonia bunkering at Singapore Under the terms of the agreement, Sumitomo Corporation and Keppel FELS will strive to put ammonia bunkering systems in place, working with the relevant authorities, at the Asian hub and to start commercial operations in the mid-2020s.
S KOREA DATA: November gasoil exports fall 15% on month amid mixed sentiment The country's gasoil exports had hit a seven-month high in October amid tight regional supplies and steadily improving demand.
Singapore Q1 2022 ex-wharf low sulfur marine gasoil price inches higher amid firm downstream demand Expectations of firmer demand for LSMGO in the new year has shored up premiums for quarterly ex-wharf term contracts, traders said, but views on supply availability were mixed despite estimates of steady import volumes in the coming months.
Platts to discontinue Petrobras Salvador VLSFO, MGO posted prices The Petrobras posted prices for VLSFO and MGO in Salvador have been unchanged since Dec. 1, which was the last time Petrobras provided an update.
FEATURE: Outlines of a global hydrogen market emerge around hubs, large exporters S&P Global Platts Analytics identifies 4.4 million mt/year of hydrogen electrolyzer capacity set to come online by 2025, in its Hydrogen Production Asset Database.
FUJAIRAH DATA: Oil product stocks see record-high drop in 2021 amid demand recovery Heavy distillates rose 6.7% on the week.
CHINA DATA: Nov fuel oil exports surge 39% on year as bonded bunker demand grows All the exports in November fell into the category of "custom warehouse," which indicates it was fuel oil sold as bonded bunker fuel.
Bunker industry calls for holistic approach while embracing mass flow meters MFMs measure the flow rate in the pipe, gauging the quantity as well as the mass and density of the fuel.
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