|FEBRUARY 5, 2018|
- Asia-Europe rate rises 0.6pc to US$912/TEU, up 6.5pc to USWC
- Engine room fire hurts 3, sets 6,350-TEU Singapore MOL ship adrift off BC
- Oakland seeks to be first port of call on US west coast
- MSC revamps 2 Europe-US east coast loops to offer faster transits
- Campaign grows to ban standard bunker from Arctic shipping
- Houston sets new box volume record, rising 13pc in 2017 to 2.46 million TEU
- China looks to developing international shipping lanes via the Arctic region
- Port of Rotterdam and IBM to build a port wired for the future
- Truckers angered by stevedoring costs at Australian ports
- Global air freight surges 9pc in 2017, best performance since 2010: IATA
- Mideast share in global air cargo demand falls first time in 18 years
- Swissport receives US$406.69 million Barclays loan to buy Aerocare
|FEBRUARY 4, 2018|
- Bahri takes delivery of second VLCC this year
- HMM signs long-term crude oil shipping contract with GS Caltex
- IWAI inks project agreement with World Bank for Jal Marg Vikas Project on Ganga
- LNG charter rates seen under pressure in 2018
- ONE commences bookings
- Vivid Logistics celebrating 5th anniversary
- Deendayal Port handles record cargo in Jan. 2018
- Port of Rotterdam collaborating with IBM IoT to digitise operations
- PSA Bharat Mumbai Container Terminals at JN Port commences operations with call of first vessel
- IATA welcomes focus on airport infrastructure capacity announced in the Budget
- The Budget has recognised infrastructure as a growth driver of the economy
- A balanced Budget aiming at inclusive growth for boosting Indian economy, says FIEO President
- CRISIL, SIDBI launch India's first MSE Sentiment Index
- IMC supports focus on farmers in Budget
- Kerala Budget is not appealing, says Indian Chamber
- Adani Foundation launches Adani Vidya Mandir & vocational training centre in Chhattisgarh
|FEBRUARY 5, 2018|
- Boeing building a jumbo drone
- Trailer prototype - energy-efficient and eco-friendly
- UPS praises US tax reform
- US shortline railroad to lease track in Indiana
- Port Ystad with satisfactory 2017 results
- Road One and Robin Hood merge
- UPS continues to keep the "Jumbo" in the skies
- From DPD to Hoyer
- Ceva opens new warehouse in central Spain
- From Hungary to China by train
- More LNG available at Gothenburg
- Megalift transports OOG cargo to Malaysia
- YTO Cargo Express touches down at Hactl
- Gigantic transformer en route from Nuremberg to China
- EU upholds fines for air cargo cartel participation
- Hupac invests in terminals and new connections
- Double sales reinforcements for C Safe
|FEBRUARY 2, 2018|
- Bulker newbuilding orders up sharply over past three months
- 'Safety first' for Shell's shipping VP Henderson
- Viking Supply Ships completes restructuring
- Korea Ship Safety Technology Authority appoints new CEO
- CSSC to seek approval for asset restructuring amid merger talk
- Shell to 'make a significant move in safety' to bring shipping industry together
- Singapore investigates former Keppel executives for Brazil graft case
- Transitioning global market could leave large container ships high and dry
- MOL confirms VLGC order at Kawasaki HI
- South Korea eyes LPG-fuelled ships
- RightShip appoints new CEO
|FEBRUARY 2, 2018|
- Retailers that try to copy Amazon's delivery model 'will cease to trade'
- Amazon set to take on its own last-mile deliveries as supply chain costs rise
- Container lines celebrate $7bn profits in 2017 and eye an even happier new year
- Mayor's DVS plan 'scuppering' moves to get cleaner trucks on London streets
- It's make or break in the air cargo industry: it's time to talk TIACA
- Boeing's 747 jet gets lifeline as UPS orders 14 more freighters
- Jason Brice to lead second Air Charter Service office in New York
- Government doubles financial support to train UK maritime cadets
|FEBRUARY 2, 2018|
- More layoffs ahead at Jeffboat
- Former Keppel execs arrested in ongoing Brazil bribery probe
- NTSB finds hull fracture caused flooding of towing vessel
- Southampton Marine Services moves ahead on Red Eagle refit
- Multraship takes delivery of first Carrousel Rave Tug
|FEBRUARY 2, 2018|
- Government scheme to lift LPG demand in India
India to import about 14m tonnes of liquefied petroleum gas in 2018
- Two cheers for 10-point plans
It's probably good that British shipping has been given one, but do we need it?
- Maersk Tankers names ex-BP trading head Reed as vice-chairman
Paul Reed joins product tanker giant after 37 years at BP
- Howe Robinson considers launching own dry index
Move is a reaction to the exclusion of handysize from the revamped Baltic Dry Index
- Consultancy urges carriers to embrace digital transformation
A new report from Boston Consulting Group recommends container lines take on five imperatives to digital success or lose out...
- It's digitalisation, but not as we know it
The newly released Boston Consulting Group study of digitalisation in container shipping has a vision for our business that many...
- Michelle Handforth takes top job at Aberdeen Harbour
Incoming chief executive to grow the business amid ongoing port expansion
- Carriers fail in final pre-Chinese New Year rate push
Predatory pricing strategies hinder spot rate progress on the east-west majors
- Daily Briefing
Lloyd's List Containers takes a look at those individuals who we think had the most influence on the industry in...
- The most popular newbuilding types in 2017
Capesizes and very large crude carriers lead the way as investors adopt risk-averse approach
- UK transport department rules out privatising the Red Ensign
No parliamentary time to table sell-off, report reveals
- Data Hub: World Fleet Update
Increasing demand and low levels of layup should prevent another bout of overcapacity, despite record deliveries in January
- GoodBulk eyes New York listing on back of frenetic growth
Delivery of 13 vessels this quarter will catapult GoodBulk into major capesize ownership league
- RightShip appoints Crawford-Brunt as new chief
Martin Crawford-Brunt, who starts his new role on March 12, has 20 years of experience in the maritime industry
- UK government confirms cadet funding boost
Funding boost will see more than 400 extra cadets trained in maritime roles every year
- Wah Kwong to name Pareto's David Palmer as CEO
Seasoned banker brings experience in M&A and S&P to chief executive role
- Oil from sunken Sanchi could have reached Japan
Black oil patches seen on shores of Amami-Oshima, Reuters reports
- New box demand to buoy container manufacturing sector, says Teo
People will seek to replace older boxes amid robust cargo volumes, says PIL chief
- PIL stays ahead with nimble footwork
Independence means 'we can make decisions very fast', Pacific International Lines' managing director SS Teo says in an exclusive interview...
- DSME launches IoT-linked vessel component production system
New system enables DSME to produce vessel parts without staff manually reading blueprints
- LAST WORD: Ship Market Trend supports seafarers
Hong Kong-based banker to donate proceeds from newly published book to the Sailors' Society
- Autonomous vessels face regulatory challenges
Current global shipping regulations only cover the operation of crewed vessels, says Clyde & Co
- Noble Group's sale of four vessels collapses
The commodities trader would have had netted proceeds of $30m if the proposed sale had not fallen through
- Navig8 Chemical Tankers posts fourth quarter net loss
Vessel operating days, however, rose 18% as the chemical tanker market showed signs of improvement
- Japan's Kawasaki Heavy Industries posts lower profit after shipbuilding contract loss
Sales in the ship and offshore segment were weighed down by a decline in vessel repairs
- Li Kelin, 'father' of China's container shipping industry, dies at 76
Legendary figure helped China build a modern competitive containership fleet
- Diana Containerships extends time charter with Hapag-Lloyd
New employment period to start from February 15
|FEBRUARY 2, 2018|
- Carriers that don't embrace tech risk losing collateral biz: report
- East, west coast trans-Pac spot rates notch first, dual 2018 rise
- Analysts expect US resin exports to ramp in 2018
- Ship upsizing challenging Australia's ports
- PSA deal increases competitive pressure on JNPT rivals
- No sign of pre-Lunar New Year surge in Asia-Europe spot rates
|FEBRUARY 2, 2018|
- Lewis Carroll deepens Navios Maritime stake
US trust brings interest to almost 10% after steadily upping ante in Greek shipowner over the years.
- Ezion set to redeem $120m in notes
Singapore OSV owner plans to buy back the debt on Monday.
- CH Offshore losses widen amid drop in revenue
Singaporean anchor-handler owner's revenue falls sharply due to lower charter rates and vessel utilisation.
- RBD bulker and crew held in Malaysia
MMEA claims Italian ship anchored illegally in its waters.
- Danske Bank downgrades Stolt-Nielsen stock
Danske Bank has downgraded shares in Stolt-Nielsen after a soft fourth quarter from the chemical tanker owner. Soft quarter for Stolt-Nielsen after Hurricane Harvey Analyst Anders Karlsen dropped the company from buy to hold suggesting its dividend will remain restrained for a period while the tanker market works its way back to health. Karlsen notes that while one-off items and the effects of
- Technology expert Reed joins Maersk Tankers top table
Former BP executive appointed to the board of Danish product tanker owner.
- Sanchi slick 'may have reached' Japan
Greenpeace says oil from sunken NITC suezmax could have been detected on Takarajima island.
- MPCC sells out $100m bond tap
Cash will help Oslo-listed owner buy yet more boxships.
- Kaibouk Shipyard buys more of SKG
Malaysian shipbuilder investing more in Vietnamese ferry owner.
- MOL tipped to scoop Total LNG bunker vessel
Contracts for groundbreaking LNG bunker vessel due to be signed today.
- Braemar ACM adds dry FFA team alongside Atlantic deal
James Kidwell and James Gundy discuss how brokerage is taking a foothold in dry bulk futures.
- Veteran Canadian ro-pax sold at auction
Queen of Burnaby fetches $0.52m after 281 bids.
- Kitanihon books tanker double
Japanese yard adds to orderbook with domestic contract.
- RightShip brings in Crawford-Brunt as CEO
Vetting company replaces founder Warwick Norman with DNV GL man.
- OSVs' clients trigger surge of projects on UK continental shelf
The number of UK offshore fields set to get the go-ahead in 2018 alone represents a burst of 225% over the past two years combined, according to independent analyst Rystad Energy this week. The rise is higher, at 347%, in terms of the barrels of oil equivalent (boe), as UK activity this year is aimed at 550 million boe of reserves, as opposed 123 million boe over the past two years. "The trend i
- MOL boxship adrift after fire; two crew badly hurt
Seafarers airlifted from MOL Prestige following engine room blaze off Canada.
- Pacific Radiance goes for bond buy
Singapore offshore owner wants to issue stock for notes.
- Pantheon Tankers adds MRs at STX
Greek owner declares options for two tankers at Korean yard.
- Braemar strikes again with Atlantic deal
Purchase of physical and financial coal brokerage follows just a few months after finance move.
- Crane used to rescue yard worker
Malaysian firefighters lift unconscious man from vessel.
- Ex-Keppel execs arrested in Brazil bribery probe
Former head of Keppel Fels Brasil said to be among those detained by Singapore authorities.
- Product tanker feared hijacked off Benin
Second incident off West African port in as many weeks sees vessel vanish without trace.
- Noble kamsarmax sale falls through
Commodity trader says buyers failed to achieve board approval before deal deadline.
- Hyundai Samho reveals NYK LNG order price tag
South Korean shipbuilder says contract is first for Japanese shipowner in nearly 13 years.
|FEBRUARY 2, 2018|
- Positive train control hearing scheduled for Feb. 15
The Subcommittee on Railroads, Pipelines and Hazardous Materials for the House Transportation and Infrastructure Committee will host a hear...
- CESI Wenzhou to serve SINOPEC LNG transport project
The CESI Wenzhou , a liquefied natural gas (LNG) carrier ordered by a joint venture that includes China COSCO Shipping Corp. Ltd. (CCSC) an...
- PANYNJ begins second review phase for Cross Harbor Freight Movement Program
The Port Authority of New York & New Jersey has hired a consultant for the second phase of an environmental review for a project that a...
- Li Kelin, former president of China Shipping, dies at 76
Li Kelin, the former president of China Shipping Group, died at Feb. 1, 2018, in Shanghai at the age of 76, according to a statement from C...
- UPS to increase investments thanks to U.S. tax reform
UPS Inc. has become the latest company to pledge increased investment as a result of the recent passing of the U.S. Tax and Jobs Acts, whic...
- Port of Baltimore receives new cranes amid record volumes
The Helen Delich Bentley Port of Baltimore received six new rubber-tired gantry (RTG) yard cranes earlier this week to be deployed at Ports...
- PhilaPort cargo volumes rise as expansion nears completion
The Port of Philadelphia (PhilaPort) has seen cargo volume growth accelerate in advance of the completion of a $392 million project to deep...
- Port of Virginia to launch new truck reservation system
The Port of Virginia on March 1 will launch the first phase of its new motor carrier appointment system, dubbed the "PRO-PASS Trucker Reser...
- SCFI rises 2.9%
The Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) showed continued growth in container spot rates this week, tic...
|FEBRUARY 2, 2018|
- Oil futures weaken amid stock market rout
ICE April Brent fell $1.07 to $68.58/b Friday.
- ARA fuel oil inventories slump by 13.5% on vessel loadings
Inventories of fuel oil stored in the Amsterdam-Rotterdam-Antwerp region declined by 13.45% to 907,000 mt in the week ended Wednesday.
- Marine fuel supplier Australian Bunker Suppliers to begin Cartagena operations
Marine fuel supplier Australian Bunker Suppliers will expand its physical operations to Cartagena, Colombia.
- Russia's compliance under OPEC/non-OPEC deal at around 100% in January
Russia continued to meet its obligations under the OPEC/non-OPEC production cut agreement in January.
- FEATURE: No exceptions from insurers in 2020 for IMO non-compliance
Insurance broker Marsh has emphasized that non-compliance with the new global sulfur cap for shipping in 2020 could threaten a vessel's insurance cover.
- RUSSIA DATA: Jan refining throughput at 24.177 mil mt virtually unchanged on year
- Open interest for ICE front-month Singapore HSFO contracts down 29% in Jan
Open interest for the Singapore 380 CST HSFO outright swap was down 30.17% at 4.173 million mt for the February settlement contract as of January 31.
- External: Global Risk Management
- Tight bunker supply in Fujairah narrows spread to Singapore to minus $1/mt
Rough seas causing bunkering delays, trade sources said.
- FUTURES: Crude higher on weaker dollar amid lack of fresh cues
With low and declining inventories in key commodity markets, commodity price volatility will likely rise from the current historically low levels, Goldman Sachs analysts said.
- New LNG bunkering facility to start up this year at Sweden's Gothenburg: port authority
"LNG will arrive at the LNG facility by trailer or in containers and will be distributed via a 450-metre pipeline leading to the quayside," the statement said.