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US Refiners Grab HSFO on Back of IMO 2020U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from Russia and the Baltic states as they take advantage of new shipping rules that have cut demand for the dirtier marine fuel, according to oil traders and shipping data.U.S.
NOC Condemns Calls for Oil Export Terminals to be ShutLibya's state oil firm NOC on Friday condemned calls to shut oil export terminals in eastern Libya controlled by military commander Khalifa Haftar ahead of a summit in Germany where he will face pressure to halt his campaign to take the capital.Tribal…
MarTID 2020: The Maritime Training Survey is OpenThe third annual global Maritime Training Insights Database (MarTID) 2020 survey is officially open.To facilitate a broader response globally, the MarTID steering group again opted to both shorten the survey and to offer three, targeted versions for these three stakeholders:Vessel Operators…
Crowley Awarded $21m Government DealCrowley Government Services, Jacksonville, Florida, wasawarded a $20,771,542 firm-fixed-price contract with reimbursable elements extension by invoking Federal Acquisition Regulation (FAR) 52.217-8 “option to extend services” to continue the…
World Seaborne Coal Trade Rose 0.7% in 2019Seaborne coal trade around the world grew 0.7% last year, helped by higher output in China and Indonesia and more export activity by Indonesia, Australia, Russia and Canada, Germany's VDKI coal importers lobby said on Friday.Imports and exports, counted together, rose to 1.218 billion tonnes from 1.
Baltic Index Dips on Subdued DemandThe Baltic Exchange's main sea freight index fell on Friday, as a fall in capesize vessel rates on weak demand outweighed gains in the other vessel segments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Safe Bulkers Sells, Leasebacks 8 VesselsThe Monaco-headquartered provider of marine drybulk transportation services Safe Bulkers Safe Bulkers has sold and leased back eight ships to refinance $105.2m in loans coming due in 2023 and 2025.The New York-listed bulker owner said that it…
Kawasaki Delivers Newbuild BulkerJapanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered the bulk carrier FJ Viola, with a capacity of 61,000 DWT, for F.J.Lines Inc. at the Dalian Cosco KHI Ship Engineering Co., Ltd. (DACKS).DACKS is located in Dalian City, China…
Qatargas Delivers 1st Cargo to Summit LNGThe world’s largest liquefied natural gas (LNG) producer Qatargas Operating Company Limited (Qatargas) has delivered the first Q-Flex cargo of the chilled fuel to the Summit LNG floating storage and regasification unit (FSRU) located offshore Bangladesh.The cargo…
ION Reimaging 3D Data Offshore UruguayION Geophysical Corporation, a provider of geophysical technology, services and solutions to the global oil and gas industry, has launched Tannat 3D, a multi-client reimaging program offshore Uruguay.Leveraging the ION’s existing regional UruguaySPAN data and subsurface knowledge…
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