Shell Traders Post $1 Billion Profit in Fuel Oil Market Ahead of IMO 2020
By Javier Blas and Alaric Nightingale (Bloomberg) –Royal Dutch Shell Plc has made $1 billion from trading fuel oil this year, making it one of the
By Javier Blas and Alaric Nightingale (Bloomberg) –Royal Dutch Shell Plc has made $1 billion from trading fuel oil this year, making it one of the
The International Maritime Organization appears to be backing away from pressure to introduce ship speed limits as part of its strategy to decarbonize the
By Ed Hammond, Daniele Lepido and Dinesh Nair (Bloomberg) –Saipem SpA is considering a combination with rival Subsea 7 SA in what could rank as one of
By Jacob Gronholt-Pedersen and Stine Jacobsen COPENHAGEN, Nov 15 (Reuters) – A.P. Moller-Maersk said on Friday prospects for a pick-up in demand for
Hong Kong-based Seaspan has announced plans to purchase a fleet of six containerships that will bring its fleet close to one million TEU. The six ships will be
By Gavin van Marle (The Loadstar) – The lack of developments on negotiations between China and the US on tariffs is expected to contribute to the first
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FRANKFURT, Nov 14 (Reuters) – German container shipping line Hapag-Lloyd on Thursday reported it more than doubled earnings before interest and taxes
The National Transportation Safety Board is faulting the U.S. Coast Guard for failing to implement previous-issued safety recommendations related to the
The Accident Investigation Board of Norway has published an interim report on its investigation into the Viking Sky’s loss power and near-grounding in heavy
By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –A surge in the cost of hiring oil tankers last month may already seem like a distant memory, but
By Chen Aizhu SINGAPORE, Nov 13 (Reuters) – China’s Sinopec Corp plans to build a fleet of 100 barges over the next three years to supply marine
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Expedition cruise ship operators have agreed to a self-imposed ban on the use and carriage of heavy fuel oil (HFO) in the Arctic. The self-imposed ban was
International classification society the American Bureau of Shipping (ABS) has published guidance to address fire-fighting and safety systems of cargo holds of
MEXICO CITY, Nov 12 (Reuters) – Pirates attacked an Italy-flagged offshore supply vessel in the southern Gulf of Mexico, injuring two crew members, the
LONDON, Nov 12 (Reuters) – Marine fuel supplier Peninsula Petroleum said on Tuesday it plans to double deliveries of very low-sulphur fuel oil (VLSFO) to
by Captain John Konrad (gCaptain) I have a confession to make…. I don’t want to post this video. I don’t want to share a video of me crying
By Gavin van Marle (The Loadstar) – As the International Maritime Organization’s (IMO) environmental work group gathers in London for its annual
By Roslan Khasawneh KUALA LUMPUR, Nov 12 (Reuters) – Belgian tanker operator Euronav signed a service agreement on Tuesday making Malaysia’s Linggi
A container barge will spend another night aground on Quadra Island in British Columbia, Canada. The barge, named Nana Provider, was being towed by the
An International Maritime Organization working group will meet this week to consider proposals to further reduce greenhouse gas emissions from ships. In 2018,
The International Transport Workers’ Federation (ITF) has called for urgent global and regional cooperation to fight piracy in the Gulf of Guinea region amid
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The below video was released as part of the Accident Investigation Board of Norway’s part one report on its investigation on 8 November 2018 collision
Soren Toft, A.P. Møller – Mærsk’s Chief Operating Officer, Soren Toft is resigning from the role and will leave Maersk to pursue other opportunities,
ATHENS, Nov 11 (Reuters) – China and Greece agreed on Monday to push ahead with a 600 million euros investment by COSCO Shipping into Greece’s
The U.S. Coast Guard repsonded to a bunker fuel discharge from a Matson containership near Pier 19 in Honolulu on Thursday. Watchstanders at Coast Guard Sector
Officials in Norway have released a report containing the results of the first phase of the Accident Investigation Board Norway’s investigation into the
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