|JUNE 4, 2018|
- Asia-Europe rate rises 6.2pc to US$876/TEU, jumps 12.6pc to USWC
- Ship Finance International snaps up four 14,000 TEU boxships
- Maersk hires ABS on hazardous cargoes following Maersk Honam fire
- North P&I Club boosts its free reserves to US$451m
- Shanghai shipyard delivers second 20,000 TEU ship to Cosco
- Global Shipowners' meeting ends with call for green ship recycling
- Iran's Shahid Rajaee port handles 13m tonnes of goods in 2 months
- China customs require extra data for advanced cargo filings from June 1
- Heathrow's direct link with Wuhan and Sanya to boost cargo tonnage
- Positive outlook for global air argo market
- Canada's new transport law to raise ownership limits in its airlines and railway
|JUNE 1, 2018|
- CMA CGM unveils the logo of its 40th anniversary
- India's maiden P&I insurance cover launched
- Maersk Line sets up commercial office in Kathmandu, Nepal
- ONE's PS3 service makes maiden call at APM Terminals Mumbai
- Relaxing cabotage law set to be a game- changer; scope for further improvement
- EU negotiators visit Antwerp port to learn the practical implications of the various Brexit scenarios
- Sabari Container Terminals extends its survey & M&R services to Kandla
- Transworld Shipping Agencies awarded for handling highest number of container vessels in Cochin
- e-Way Bill system rolled out in more states
- Govt working on creating integrated logistics division within Commerce Ministry to bring down total cost, says Commerce Secy
|JUNE 4, 2018|
- Expanding its network
- Brazil: Major investments in transport infrastructure
- New MD appointed for Nigeria
- Geodis establishes warehousing platform for Stokke
- Gothenburg names gas supplier
- Amerijet leases another converted B767-300
- RZD to improve energy supply reliability
- Polar Air Cargo selects COO from own ranks
- Stade in Lower Saxony goes for LNG
- XPO Logistics opens first last mile hub in Spain
- AF KLM Martinair Cargo to use new active container
- Railtrack construction in Pilbara region
- Sharpening profile of EXX service
- Europa Road acquires Continental Cargo Carriers
- Cargo iQ adds heavyweights to board
- Liege airport attracts Chinese e-commerce provider
- Boosting rail freight transport in Auckland
- The new choice: France, a partner for your trade...
|JUNE 1, 2018|
- Fall of Hodeidah to Saudi-led coalition appears imminent
- Drug case highlights ship detention risk
- MOL's Ikeda takes a 'wait-and-see' approach to blockchain
- Samsung HI confirms order for AET shuttle tanker quartet
- As environmental deadlines loom, Greek owners face high borrowing rates
- Piraeus leads Greek rebound despite lingering debt
- New MD for Glander International Bunkering's Geneva office
- Brightoil Petroleum (Singapore) appoints veteran as acting CEO
- Wisdom Marine's chairman and CEO James Lan
|JUNE 1, 2018|
- Europa Worldwide buys Belgian haulier Continental Cargo Carriers
- Container spot rates react calmly to controversial bunker surcharges
- Panalpina launches pilot schemes to trial potential of blockchain in logistics
- Market insight: Flexport - a Silicon Valley darling, but what's it worth?
- India relaxes cabotage rules for foreign ships
- Trump's trade war looks set to be a costly affair
- Hans-Georg Werner appointed chairman of Rail Delivery Group freight board
- Henrik Ambak tops list of new directors at IATA's Cargo IQ
|JUNE 1, 2018|
- Navy to tap VT Halter Marine for T-AGS 67 oceanographic survey ship
- Adm. Karl Schultz now 26th commandant of U.S. Coast Guard
- Posidonia news: Oman Drydock plans to enter newbuild market
- St. Johns Ship Building launches first of two Fisher Island ferries
- Nordic American Tankers sells two ships
- ABS clients rack up Subchapter M firsts
- Fatigue blamed in Kirby ATB grounding in Canada
- PODCAST: LR's Nick Brown discusses impact of global sulfur cap
- Phenolic compound identified in Houston bunker contamination
- Active Funnel: New scrubber for large ships and high emissions
|JUNE 1, 2018|
- Posidonia awaits record numbers
Keenly anticipated event is testimony to Greek shipowning power
- Petrobras chief quits
Company gives no reason for sudden departure, saying only that the board will discuss a nomination for an interim chief...
- The Lloyd's List Podcast: The week ahead
Listen to the latest edition of Lloyd's List's new weekly podcast - your weekly briefing on the stories shaping shipping...
- No workaround for Iran sanctions, even for EU owners, experts argue
China and India have acceded to pressure from Washington and will not jeopardise dollar-denominated business
- Shipping must beef up its IT workforce or be at the mercy of expensive external suppliers
The shipping industry must bolster its IT workforce before it finds itself at the mercy of expensive external tech suppliers...
- The revolution will not be presented on a panel
Digital disruption viewed from the podium of the conference circuit may not make an accurate metric of progress, but it...
- Unifeeder 'up for sale' as private equity owner reaches the five-year mark
Nordic Capital is reported to be looking for a new owner for the shortsea and feeder operator that it bought...
- Crude tanker earnings rebound as refinery maintenance season ends
Record crude runs in the third quarter could support freight earnings in the months ahead
- Shippers decry Australia's 'money-grab' bio-security tax
Australian tax is purportedly to prevent invasive species and diseases entering the country, but critics fear it is a money-making...
- Maritime still ambivalent about new technology
Lack of in-house skills and industry knowledge has been identified by a major new survey of attitudes to Internet of...
- Indian cabotage relaxation a start but more must follow, says NYK India director
India is not fully open because foreign-flagged boxships cannot yet participate in domestic trades, says NYK India director
- Will Seaspan become Energyspan?
Constant access to low-cost capital is identified as key to seizing new investment opportunities
- Is the Yangzijiang share slump justified by shipbuilding's prospects?
Positive factors are that dry bulk shipping remains on a good footing and demand for fleet renewal may grow as...
- Flag states failing to meet casualty reporting rules
More than half of accident investigation reports that are required to be submitted to the IMO for analysis have not...
- What's wrong with this system?
Being a United Nations agency, the IMO has no powers of enforcement. It can only encourage flag states to submit...
|JUNE 1, 2018|
- Tangier Lobster's winning strategy - a logistics plan ensuring freshness
- Showdown between shippers and carriers on flurry of surcharges looms
- Mexican cargo theft spike rattles shippers
- Brazil truckers end strike, but cargo delays to persist
- Maersk opens Nepal office to tap rising import demand
- TMS arms race heats up with latest WiseTech acquisition
|JUNE 1, 2018|
- GoodBulk files for US IPO on eve of Posidonia
John Michael Radziwill-led company has lodged papers for a long awaited listing in New York.
- VLCCs aside, tanker ordering not bad: Gibson
Major ship brokerage sees other asset classes having much more limited ordering.
- Analysts see Golar LNG selloff as overdone
Buy-side analysts emphasise more positive news coming out of company as stock sees largest one-day drop.
- Seacor Holdings ends note buyback option
US owner has $64.5m outstanding after completing offer to noteholders to repurchase 2.5% convertible series due 2027.
- Yang Ming ship loses 83 containers
Another 30 severely damaged after vessel hit by large swells.
- Spot PSVs sell out in Norway
Rates up to £10,000 per day, as anchor-handler activity also increases.
- Arild Myrvoll to run Havila ferry unit
Rem Maritime chief brought in to spearhead Saevik group's entry into passenger sector.
- Enesel takes Ship Finance stake in lucrative boxship deal
Containership transaction seen as start of larger relationship with John Fredriksen-led company.
- Trojan kamsarmax auction hearing set
Court to decide on when Greek bulker to go under the hammer.
- PGS and TGS wins Canadian survey contract
Norwegian owner and charterer team up for new 3D project.
- Tanker scrapping soars along with bunker prices
Owners of older tankers struggle as earnings pressure mounts.
- Dof Subsea wins three-year extension
Norwegian owner ties up construction ship until 2022.
- Nordic American Tankers nets close to $20m for pair
Further details emerge around Herbjorn Hansson-led owner's double suezmax sale.
- HFW reveals UK shipping minister's Cosco mission
Two partners accompany Nusrat Ghani on Shanghai trip to discuss maritime opportunities.
- Battle for Hodeidah to begin
Saudi-led coalition forces prepare for assault on Houthi-held Yemeni port.
- Clipper Group hit by vessel sales
Danish bulker and ferry owner says reorganisation of business also led to loss for 2017.
- Borealis in fourth boxship acquisition
Containership owner buys 2,732-teu boxship from China's SITC Ship Management.
- Eurotankers boosting suezmax fleet with Toisa buy
Greek shipowner grabs South Korean-built vessel, bringing tanker fleet to 14.
- Fredriksen mulls options for veteran VLCC octet
Scrapping may be low on the list but eight tankers owned by Ship Finance could move out of the market, Frontline says.
- Kanoo Shipping buys Wallem South Africa
Saudi owner takes over ship manager's Durban and Cape Town agency business.
- TechnipFMC clinches CNOOC subsea contract
US-listed owner wins 'one of the biggest deals' this year in China.
- Samsung wins $364m AET shuttle tanker order
Korean yard signs up to build quartet for Petrobras charters.
- Oldendorff picks Erma First for ballast water treatment
German owner added to client list which also includes GasLog and Safe Bulkers.
- Standard Chartered leads new $575m AET facility
Bank says funds will go towards Malaysian owner's newbuilding and vessel acquisition plans.
|JUNE 1, 2018|
- DHL breaks ground on Illinois Innovation Center
DHL has broken ground on its Americas Innovation Center in Rosemont Ill., where it will "showcase the latest technology trends in robotics ...
- Hapag-Lloyd announces operations surcharge
Following other leading container carriers that have announced emergency surcharges in the face of rising fuel prices, Hapag-Lloyd has anno...
- Every foot counts in warehousing
Escalating demand for freight storage in the United States is not expected to let up anytime soon, but industry analysts say various measur...
- Labor, lawmakers slam metal tariffs
Outside of the Trump administration, Thursday's White House announcement that the U.S. would drop an exemption of Canada, Mexico and the EU...
- Walmart pilots personal shopper service in NYC
Walmart Inc. has expanded testing of a new personal shopping and delivery service in certain areas of New York City, the company announced ...
- Sealand expanding West Coast service
Maersk's Sealand unit said it is expanding its service between the U.S. West Coast and Latin America. The company said it has redesigned p...
- Ship Finance purchasing four ships
Ship Finance International Limited continues to grow its fleet of containerships. The company, affiliated with the shipping magnate John F...
- Transportation, logistics hiring bounces back in May
Hiring at U.S. transportation and logistics companies surged in May after slowing significantly the previous month. Firms added another 18...
- Shippers' Law: Can states, cities regulate terminals?
To what degree can state and local governments regulate shipping terminals? That question is at the heart of two legal battles on the West...
|JUNE 1, 2018|
- NYMEX crude drops below $66/b, as discount to Brent widens
NYMEX July crude fell $1.23 to $65.81/b Friday, despite strong monthly US jobs data, as the lack of pipeline capacity from the Permian Basin weighs on prices and causes bigger discounts relative to ICE Brent
- Russian fuel oil output to drop on increased Bitumen summer demand: market sources
Russian fuel oil output is expected to drop with bitumen season kick-starting
- May 3.5% HSFO Platts MOC barge volume at 2018 low on strong backwardation
The volume traded in the Platts Market on Close assessment process for 3.5% fuel oil FOB Rotterdam barges in May was a 2018 low
- NWE fuel oil hi-lo could narrow as more countries shift to gas for power
The fuel oil hi-lo spread could narrow further on the possibility of countries shifting to natural gas in place of low sulfur fuel oil to meet power generation demand
- FEATURE: Container shippers and lines battle over emergency bunker surcharges
"The situation is no longer sustainable without emergency action."
- Far East Russian ESPO crude appeals to South Korean refiners
S Korea's imports of Iranian crude and condensate are expected to further decline reflecting pending US sanctions on tanker transport.
- Singapore's onshore middle distillate stocks hit multi-year low at 7.2 mil barrels
The last time stocks were lower was in the week ended December 13, 2013, at 6.750 million barrels.
- US treasury secretary, Japanese finance minister discuss Iran developments
Tokyo is seeking clarification from Washington on its intended re-imposition of sanctions against Tehran.
- Methanol bunkering suitable for smaller vessels, converted diesel engines
SUMMETH also concluded that there were no barriers to bunkering the ferries.
- US DATA: EIA says US fuel oil imports highest since 2011
The large volume of barrels traded in May has required more imports to fulfill deliveries of product.
- INTERVIEW: Japan's Idemitsu to prioritize consolidation with Showa Shell: CEO
No schedule had so far been decided for a full consolidation.