|JUNE 11, 2018|
- Asia-Europe rate drops 0.7pc to US$870/TEU, off 6pc to USWC
- ONE levies emergency bunker surcharges with varying rates
- Unifeeder is 'up for sale' again
- Australian officials probe boxes falling off Yang Ming vessel
- CMA CGM buys fourth feeder for US$9m
- Navios Maritime Containers adds 10,000 TEU ship to its fleet
- Yangzijiang clinches orders for nine new vessels in May
- Vietnam says 'no' to waste exports to ease port congestion
- CMA CGM strengthens ties with Singapore's PSA in hunt for startups
- Airbus to test drone deliveries in Singapore and to ships at sea
- British cabinet supports plans for 3rd runway at Heathrow
- Korean Air to start Seoul-Zagreb, Croatia service in September
|JUNE 10, 2018|
- IACS needs to be adaptable & prepared for change in digital era, says outgoing Chairman
- London P&I Club reports increased free reserves for 2017-18
- MSC registers fleet on BoxTech Global Container Database; takes it over 10 m
- NYK joins Internet of Ships Open Platform consortium
- USCG report confirms Liberian Registry's stellar PSC record
- At a time of US sanctions, India to talk to Iran on trade pact soon
- Chinese ports see fall in volume growth by 4.1 percentage points in the first quarter this year
- India takes steps to operationalise Chabahar Port
- JNPT inaugurates mobile environment monitoring vehicle to mark World Environment Day
- Major Ports handle 2.41 pc more cargo at 116.26 mt in April-May
- Three Major Ports get new Chairman-in-Charge
- Airlines call for caution on airport privatisation
- Forwarders give cautious welcome to Heathrow expansion decision
- CBIC in process of refunding GST to exporters
- Global economic growth seen remaining robust in 2018
|JUNE 11, 2018|
- Preventing damage before it happens
- Orphaned giants
- Promising recovery for Sievert Gass
- New locomotive workshop in the port of Hamburg
- Three new Nordic handling contracts for WFS
- GAC Greece joins Green Award Foundation
- Kuehne + Nagel and Zebraxx set up partnership
- Latam membership strengthens Barig's cargo expertise
- US class I railways to hive off six rail lines
- Cardig Air leases B737-400F from Vallair
- 40% of global container fleet now in BIC database
- New generation traction for France and Belgium
- New warehouse in Tilburg
- Ocean LCL service enhanced by "Big Brown"
- Differing fates for first A380s and 4 Kuwaiti widebodies
- LUG celebrates 25 years in Hamburg
- The new choice: France, a partner for your trade...
|JUNE 8, 2018|
- Ship captain vindicated on safety reporting
- Fairplay's tonnage titans
- Seadrill expects Chapter 11 exit by mid-July
- DSME confirms order for Alpha Gas LNG vessel and VLCC pair
- IHS Markit: Outlook for crude tanker freight not promising
- Bernhard Schulte and Columbia Shipmanagement form joint procurement business
|JUNE 8, 2018|
- Asian ports under pressure after China ban on plastic and paper waste
- Container spot rates in retreat as 'gung-ho' carriers jockey for market share
- Market insight: As Flexport focuses on market share, can it match its ambitions?
- Canada's Fenix Data Systems becomes WiseTech's seventh acquisition this year
- Air cargo must adopt truly open modern standards and accelerate adoption
- TAPA's PSR initiative can steer truckers towards more secure parking
|JUNE 8, 2018|
- TOTE Services wins $7.8 million OPDS vessel contract
- ABS issues Marine Fuel Oil advisory to help owners prepare for 2020
- MAN 28/33D STC engine passes Type Approval Testing
- GAO issues new report on Navy shipbuilding
- USCG takes delivery of FRC 29 from Bollinger Shipyards
|JUNE 8, 2018|
- The Interview: George Prokopiou
As owner of the second-largest fleet in Greece, George Prokopiou's appetite for innovation has been proved on more than one occasion...
- British ports welcome Brexit customs backstop
Ports body urges government to speed up progress over customs arrangements
- Veniamis urges Brussels to focus on competitiveness
Inadequate maritime education to meet fleet needs could hit the EU as well as Greece, shipowners' leader Theodore Veniamis says
- 'Don't shoot the shipping industry' over emissions, urge Greeks
Despite backing IMO emissions targets, the Union of Greek Shipowners says owners should not carry the burden by themselves
- Grains may lead to most seaborne trade disruption from US-China spat
Chinese importing firms have been reluctant to buy US soyabeans even though the additional tariffs are not yet in place
- OSM plans online management procurement platform
OSM chief commercial officer explains why scale does not necessarily often a competitive advantage in this consolidation era
- Cape earnings up 66% on Australian and Brazilian iron ore exports
The latest cape rally in a volatile market has pushed up BDI to its highest in a month
- Nordic American Tankers sells more suezmaxes
US-based suezmax owner says the sale of all five vessels amounts to almost $50m
- Greek owners sign up to UK Ship Register
UK flag has grown by 8% in past year
- UPS launches major expansion of ocean freight LCL service
Logistics operator adds more services for smaller customer
- Freight rate dumping: It's yesterday once more
Will history repeat itself? Will price dumping continue until another large carrier closes shop?
- V.Group chief executive sets out to lead transformation for shipmanagement
In his first months as chief executive of V.Group, Ian El-Mokadem has identified shortcomings in the traditional shipmanagement business model...
- Viewpoint: The long view on shortsea
A strategy to get cargo afloat would be something more substantial than bureaucratic demands on ports and shipping for environmental...
- The past and future of Greek Shipping
Greek shipping luminaries have been telling young seafarers at Posidonia to pay respect to their forerunners but also cultivate their...
- Daily Briefing
MSC's Diego Aponte warns of price dumping risks | Expect regional fuel crunch and spiking prices | Japan puts WTO...
- Alpha Gas order helps DSME hit $3bn in new contracts
Yard official says shipowners' trust has recovered with DSME's improved financial conditions and confirmed top management
|JUNE 8, 2018|
- Lack of inland container depots threatens Chittagong's growth
- DP World Nhava Sheva's longer turn times risk JNPT export delays
- Brazil shippers concerned about higher post-strike truck rates
- Hot Mexico City warehousing market squeezes shippers
- Hamburg aims to boost tiny barge penetration of hinterland
|JUNE 8, 2018|
- Another Dorian holder goes for BW offer
Investment advisory says 'stronger balance sheets and less leverage' would behoove VLGC owner.
- Clearlake fixes Cido handysize as rates remain flat
Rate marks eight-month low in period charter market for handysize clean tankers
- Simon Morse out at Inchcape
Long-serving company man makes second leave of Inchcape in wake of company's $20m settlement.
- Koch's main FFA trader said to depart
Diversified energy and dry commodities trading firm is one of the major users of freight derivatives.
- NAT to sell three more suezmaxes
US-listed tanker owner announces plans to sell vintage ships at same price level as two sold last week.
- UHL adds Chinese heavy-lifter
Hamburg operator takes over management of Zhixian vessel.
- Norway's Simek yard closing down
OSV specialist with empty orderbook calls it a day after 51 years.
- Ship restrictions in place for Trump-Kim summit
Singapore port authority reveals exclusion zone around Sentosa.
- Nord/LB's Burkle staying until 2021
Shipping bank's board renews contract of chairman.
- Shih Wei cuts first quarter loss
Taiwanese bulker owner boosted by higher revenue and lower costs.
- Naftomar said to offload oldest VLGC in demo deal
Vessel said to be headed to India amid rising prices.
- Ports body welcomes Brexit 'customs backstop'
But British Ports Association urges long-term arrangement to be sealed.
- Mitsubishi Shipbuilding eyes European partner after Cosco link-up
Mitsubishi Shipbuilding is exploring a cooperation with a European shipbuilder as part of an evolution of its business model in a difficult market. At Posidonia, the Japanese shipyard announced a linkup with Cosco Shipping Heavy Industry to retrofit its rectangular scrubber for large vessels, with a demonstration project planned with a China Cosco ship. Tohru Kitamura, executive vice president o
- Sembcorp buying Sevan's LNG business
Singapore group paying $28m for HiLoad LNG and other assets.
- Indonesia pulls plug on bulker restrictions
Government finally scraps controversial cabotage plan for coal shipments.
- Anthony Veder doubles up on LNG bunkering
Second small-scale LNG carrier enters Polish yard amid talk of bunkering move
- Greek tax talks in final stretch
Athens and European regulators near agreement on shipping taxation, says UGS president Veniamis
- Equinor and Solal linked to period tanker deals
Norwegian energy giant charters three vessels on two to three-year deals as Solal and Vitol also take on tonnage
- Alpha Gas orders third LNG carrier at DSME
Deal comes hot on the heels of orders for FSRU and gas carrier by John Angelicoussis at same yard.
- Two crew evacuated from bulker off South Africa
Both Filipinos had been injured onboard Japanese-owned ship during rough sea conditions.
|JUNE 8, 2018|
- ZTE spared from U.S. export ban
The United States has granted Chinese telecommunications equipment manufacturer ZTE Corp. a reprieve from potentially crippling sanctions, ...
- Record container imports forecast despite tariff talk
The National Retail Federation is projecting record volumes of containerized import cargoes to the United States for the coming summer and ...
- UPS expanding LCL ocean offering
UPS is significantly expanding its less-than-container-load (LCL) ocean freight services. The Atlanta-based parcel carrier and third-party...
- Terminals buffeted by volatility
Container terminal operators are having to grapple with increased market volatility after being buffeted by several other forces that amoun...
- CSX solicits bids on six rail segments
CSX Corp. is soliciting bids on six rail segments that collectively total around 650 miles in New York, Kentucky, North Carolina and West V...
- 'We don't need NAFTA talks'
Trilateral work toward completion of a common North American single-window portal could continue even if NAFTA talks between the United Sta...
- U.S. meat exporters turn it up in April
U.S. pork, beef and lamb exports all increased in volumes and value in April from a year prior, according to data provided by the U.S. Depa...
- Commentary: U.S. port labor stifling automation
Hailey Desormeaux's recent article "What's the payoff from terminal automation?" hits on some key issues and makes good points. But the ...
- Fenix is WiseTech's eighth purchase this year
WiseTech Global is showing no signs of letting up on its acquisition spree, with the Australia-based global logistics software provider ann...
|JUNE 8, 2018|
- Venezuela, like Iran, seeks OPEC support in face of US sanctions
Venezuela has asked its OPEC counterparts for support from the effects of US sanctions that have hobbled the country's already reeling oil sector.
- OPEC May crude output slides to 13-month low of 31.90 mil b/d: Platts survey
As OPEC prepares to meet in Vienna to decide whether to loosen the taps, its crude production in May slid for the fourth straight month to 31.90 million b/d, the lowest in over a year, according to the latest S&P Global Platts survey of industry officials, analysts and shipping data.
- OPEC agenda quarrel highlights disunity ahead of Vienna meeting
OPEC divisions over production strategy are coming to the fore ahead of its June 22 meeting in Vienna.
- Iran oil exports plough ahead but outlook looks uncertain on US sanctions
Iran's oil exports slipped in May from the previous month but levels remained higher than what they were in the first quarter of this year, as flows stayed robust despite the withdrawal of the US from the nuclear deal.
- Med fuel oil market gets tighter as cargo moves to West African bunker market
The first shipment of high sulfur fuel oil from Europe booked to West Africa for June could only serve to tighten availability in the Mediterranean, source said Friday.
- Bunker surcharges not an option for tanker owners in glutted market
The tankers segment is currently very much a "charterers market".
- France's CMA CGM to use Rotterdam as LNG bunkering port for new ships: CEO
Ships' storage tanks designed to load entire bunker requirement for a round voyage.
- FUTURES: Crude down on speculation of increased output into 2019
- MPA launches 6-month drive to harness technology in maritime productivity
Includes call for solutions to enabling collaboration among bunker suppliers to improve utilization of bunker tankers.
- Pakistan State Oil shortlists three companies for August HSFO tender
The frontrunners are Vitol, PetroChina and Bakri Trading.