Statfjord Loading Still Shut After Spill -Equinor

Equinor has still not identified the source of an oil spill at its Statfjord field in the North Sea, and the loading of crude onto tankers remains shut, the Norwegian company told Reuters on Thursday.The leakage consisted of "small observations" of oil on the surface of the ocean, an Equinor spokesm

Marine Fuel Rules to Disrupt Markets for 1-5 years

The marine industry's January 2020 shift to using very low sulfur fuel oil (VLSFO) to power ships worldwide will launch a one- to five-year disruption in oil and refined products markets, according to a study released Thursday by Boston Consulting…

Evergas Names The First 85,000m3 VLEC

Danish gas ship owner Evergas announced that the worlds first Type-C 85,000m3 very large ethane carrier (VLEC) JS INEOS MARLIN was successfully delivered to INEOS Trading and Shipping.The vessel will carry ethane from US to China, said a press…

April Cass Freight Index shows fifth month of declining shipments

April shipments, at 1.194, were down 3.2% annually and down 0.3% compared to March. This marks the fifth consecutive month that annual shipments were down. April expenditures, at 2.909, rose 6.2% annually and were up 0.7% compared to March.

project44 rolls out additions to Advanced Logistics Visibility Platform

Chicago-based project44, a technology services provider offering standardized, secure Web service API (application programming interfaces) integrations enabling 3PLs and shippers to connect with carriers in real time, said this week it has extended its Advanced Visibility Platform with two new offerings.

First Woman President for BIMCO

The world’s largest shipping association BIMCO has elected Şadan Kaptanoğlu, managing director of HI Kaptanoglu Shipping, as its new President.“It is a great privilege for me to chair the BIMCO Board of Directors in this crucial time of change for shipping.

Triton Makes Record Transit Through Panama

The Panama Canal completed a trial transit of Evergreen’s Triton, the largest vessel in dimension and container cargo capacity to pass through the Expanded Canal since it opened in June 2016.The Neopanamax containership Triton, which has a Total TEU Allowance (TTA) of 15…

Royal Huisman Takes on Holland Jachtbouw Yard

Royal Huisman, a Dutch shipyard that specialises in the building and repair of sailing yachts, said that it will take over the Holland Jachtbouw facility in Amsterdam for further expansion.The facility, which entered the ownership of the Port of Amsterdam on May 14…

Port of Everett Facelifts South Terminal

Foss Maritime departed the Port of Everett enroute to the Port of Los Angeles to pick up two gantry cranes for use at the Port’s modernized South Terminal.The $57 million South Terminal Modernization project will ensure the Port’s facilities…

Trade War Puts LNG Projects at Risk

The escalation of the trade war between the US and China could jeopardize several LNG mega projects that are awaiting final approval, said Rystad Energy.China announced on Monday that it will raise the duty on imports of US liquefied natural…