Crude Gains, Oil Product Stockpiles Climb Up
Marine fuel supplies seen ample
Total inventories down 9.9% from a year earlier
Dated Brent hits new 7-year high
A Platts news source says that oil product stockpiles climb across the board after crude...
Methanex and Mitsui O.S.K. Lines Announce Completion of Strategic Partnership
Methanex Corporation (Methanex) and Mitsui O.S.K. Lines, Ltd. (MOL) announced the completion of the previously announced strategic partnership involving Methanex’s Waterfront Shipping (WFS) subsidiary.
Methanex has received proceeds of approximately US$145 million from...
Supply Chain Bottlenecks Continues In Ports, Says Latest Shipping Data
Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks caused by surging demand for retail goods and pandemic-related lockdowns.
Delays at U.S. major...
Historic Bridge To Be Dismantled For Jeff Bezos’ Super Yacht
The bridge known as De Hef- has a long history dating back to 1877.
Rotterdam has confirmed it will dismantle a historic bridge to allow a superyacht built for Amazon founder Jeff Bezos...
Shipbreaking Platform Publishes List of Dismantled Ships in 2021
The vast majority of ships continue to be broken under conditions that pollute and expose workers to immense risk, reports NGO Shipbreaking Platform.
According to new data released today by the NGO Shipbreaking Platform, 763...
MOL Completes ammonia FSRU Concept
Japanese shipping major Mitsui O.S.K. Lines (MOL) has completed a concept study on floating storage and regasification unit (FSRU) for ammonia fuel, reads an official press release.
Ammonia as clean energy
MOL conducted the study in...
Supply Chain Crisis To Prevail in Container Crane Bill
Legislation proposing strict new prohibitions on the purchase and operation of the world’s most popular container cranes could cause severe disruptions at U.S. ports, reports FreightWaves quoting a maritime cybersecurity expert.
Security vulnerabilities
The Port Crane...
Mitsubishi & Sanyu Kisen Collaborate on Green Demonstration Test Vessel
Mitsubishi Heavy Industries (MHI) Group unit Mitsubishi Shipbuilding has signed a contract with Sanyu Kisen, based in Kobe, Japan, to build a demonstration test vessel.
The newbuild vessel will be deployed to carry...
[Watch] Production Vessel Goes Down in Flames With Crew Onboard!
An offshore production vessel located offshore Nigeria has been engulfed in flames following an explosion with several media reporting that the vessel sank after the incident, reports Splash247.
Offshore vessel explosion
The FPSO Trinity Spirit has...
Airlines Urge White House To End Pre-Departure COVID Testing
Major airlines, business, and travel groups urged the White House on Wednesday to end COVID-19 pre-departure testing requirements for vaccinated international passengers traveling to the United States, says an article published in Reuters.
Call for...