Modern American Recycling Services, Europe A/S (M.A.R.S.) awarded Green Recycling Limited Notice To Proceed (LNTP) agreement for Shell Brasil Fluminense FPSO

M.A.R.S., Europe A/S has formalized a LNTP agreement with Shell Brasil Petróleo Ltda. for dismantling and green recycling of the Shell Fluminense FPSO, after 20 years of services in the Campos Basin (Brasil). The Fluminense FPSO is a 390m long FPSO, with an LDT of 51.000 Mt, and has been...

https://www.hellenicshippingnews.com/modern-american-recycling-services-europe-a-s-m-a-r-s-awarded-green-recycling-limited-notice-to-proceed-lntp-agreement-for-shell-brasil-fluminense-fpso/

Lower oil prices push Saudi oil giant Aramco’s first quarter profit down 19%

Saudi oil giant Aramco’s first quarter net profit dropped 19% from a year earlier to 119.54 billion riyals ($31.88 billion), it said on Tuesday, due to lower crude prices. Profit still beat analysts’ median forecast of $30.8 billion, according to Refinitiv data, and Aramco said the decline was...

https://www.hellenicshippingnews.com/lower-oil-prices-push-saudi-oil-giant-aramcos-first-quarter-profit-down-19/

Jaxport welcomes largest container ship to call

The Jacksonville Port Authority on Tuesday celebrated the largest vessel ever to call the Florida port. 

The container ship, One Stork, has a carrying capacity of 14,000 twenty-foot equivalent units. Previously the largest ship to call Jaxport had a capacity of 11,923 TEUs.

One Stork is the first of nine larger vessels that will call Jaxport through the EC5 container service operated by The Alliance. The container ship is operated by Ocean Network Express (ONE) within The Alliance, a partnership...

https://www.freightwaves.com/news/jaxport-welcomes-largest-container-ship-to-call

Singapore: High inflation and slowing trade make for a challenging year

Singapore at a glance Singapore managed to record respectable growth in 2022 (3.6% year-on-year), supported by an improvement in global trade and robust domestic consumption. However, momentum is now clearly fading with first quarter GDP contracting from the previous quarter. First quarter GDP fell...

https://www.hellenicshippingnews.com/singapore-high-inflation-and-slowing-trade-make-for-a-challenging-year/

Check Call: Don’t catch a violation

Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EDT. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.

In this edition: International Roadcheck is around the corner — prepare now; quiet quitting won’t die; and Alaska is the new frontier.

(Image: makeameme.com)

Everyone’s least favorite time of the year is here:...

https://www.freightwaves.com/news/check-call-dont-catch-a-violation

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