|JULY 11, 2018|
- CMA CGM withdraws Iran service due to threat of US sanctions
- Cosco-MOL ice-breaking LNG tanker transits Northern Sea Route
- Myanmar in talks with Chinese consortium to build seaport
- CK Hutchison other investors mull stakes in OOIL to keep HK listing
- Standard & Poor's upgrades Panama Canal's outlook to Positive
- North American rail up 2.7pc with US rising 2pc, Canada increasing 7.2pc
- Aqaba's ACT changes strengthens its role as container entrepot to Iraq
- Global laden box movement up 1.3pc in May to 14.4 million TEU
- XPO Logistics adds delivery visualisation technology to its website
- Drewry study shows how container shipping weathered a perfect storm
- Finland's Hiab to supply 26 cranes to Australian Rock Logistics
- K+ N sets up 2 new distribution centres for BMW in Germany, Poland
- Singapore teams up with Germany to share air traffic schemes
- Chicago's Rockford airport expects Amazon-fueled cargo growth
- DHL and Ethiopian Airlines to launch joint venture
- Abnormal load specialist delivers 85-tonne crawler cranes to Heathrow
|JULY 10, 2018|
- COSCO gets key US security approval for OOIL acquisition
- Indian Register of Shipping implements electronic certificates for all its classed vessels
- Yang Ming charters 10 new container vessels of 11,000 & 12,000 TEUs
- India now providing tariff concessions on 3,142 products to APTA members
- Railways introduces first double-stack dwarf container service from Rajkot
- Continuous efforts being made to simplify GST system: Finance Secretary
- India actively pursuing setting up exclusive SEZs for Korean firms: Suresh Prabhu
|JULY 10, 2018|
- Container tracking could revolutionise the marine insurance industry
- Norway takes gamble on hydrogen fuel
- China's Eximbank finances six newbuildings for Bulgarian bulker operator
- China wavers over shipyard state-aid talks
- South Korean ports disinfected after fire ant discovery
|JULY 10, 2018|
- Acquisition-hungry Xpediator snaps up Import Services, with more to come
- Feeder operators lose out as Maersk cuts costs via exclusive deal with BG Freight
- Why, amid a shortage of widebody freighters, is the A330 given a wide berth?
- Sihanoukville port expansion gives politically troubled Cambodia a lift
- China-Europe air freight rate blip, but forward curve expects Q3 surge
- Floods expose blind spots in Japan's disaster preparations
|JULY 10, 2018|
- Florida shipyard faces $271,061 in OSHA penalties after drowning death
- Damen Shiprepair Brest drydocks Norwegian Breakaway
- MAN propulsion systems ordered for LNG-fueled Pasha Hawaii duo
- Havyard to design two new Royal Arctic Line cargo vessels
- Knud E. Hansen extends its reach in Canadian market
- Rate of newbuild ordering slows in second quarter
- German shipowner adding Globecomm VSAT to new ships
|JULY 10, 2018|
- Hapag-Lloyd's chief says 'no big shipping mergers' at the moment
Habben Jansen says German shipping company is cutting costs to cope with a rise in fuel prices
- Economou adds LNG newbuilds as DryShips strikes VLGC deal
Public arm's sale of four very large LPG carriers is subject to consent from charterers Shell and Clearlake
- Netherlands investigating EU-West Africa fuel trade
A report from the Human Environment and Transport Inspectorate finds that a lack of transparency may be undermining environmental and...
- Baltic Exchange publishes LNG index as rally slows
First assessment shows charter rate comes off its counter seasonal peak but stays high
- Andrew Moffat relinquishes Maritime UK chair
David Dingle to stay on as chairman through the autumn while a replacement is found
- Who would buy Long Beach Container Terminal?
With the prospect of a trade war dampening interest, and the more container volumes moving to ports on the east...
- Is Alang on the cusp of transformation?
Once openly hostile towards environmental standards in the Hong Kong Convention, attitudes at Alang are changing with 61 of the...
- IR Class starts issuing electronic certificates
The e-certificates' authenticity is easily verifiable through the IRClass Verification Portal
- North signs partnership with 24Vision
Rotterdam outfit offers ranges of services
- Quarterly Outlook: Regulation
A year and a half before the sulphur cap, attention needs to focus on enforcement
- Can Alang change its ways?
Lloyd's List gets unique access to world's largest ship scrapping facilities
- Daily Briefing
Five risks to check: Ship finance | The Lloyd's List Podcast: Markets outlook and the Trump effect | Why we...
- Cexim to finance Navibulgar newbuildings
Policy bank expects the deal to attract more shipowners to build ships in China
- Hong Kong overtakes London in shipping centre index
Four of the five top world shipping hubs are in Asia, according to the 2018 Xinhua-Baltic International Shipping Centre Development...
- Where the sun never sets
Almost 98% of ship components are reused in India
|JULY 10, 2018|
- ILA contract approval outlook brightens on NY-NJ local vote
- Inland port serving NY-NJ moves forward
- US shippers face daunting intermodal peak season
- CMA CGM to restart Chittagong feeder service
- Rising European truck rates show no sign of abating
|JULY 10, 2018|
- 'Teapot' refiner says US crude tariffs ahead
Fast growing export of US crude oil could be pinched if Chinese refiners switch off tap.
- Genco Shipping tipped for sale of two veteran bulkers
Sale looks to fire the starting pistol on fresh round of disposals.
- Bourbon seals debt waiver with lenders
Offshore vessel provider wins reprieve from creditors as it looks to withstand offshore market upheaval.
- North P&I ties up with disruptive insurance innovator
North P&I Club has forged a joint venture with 24Vision that brings together the might of the club's financial security with the innovative forward thinking on marine insurance of Dutch industry veteran Martin Lanting. The pair announced a tie-up in which North will be the insurance carrier for 24Vision's marine liability products. The joint venture is aiming to provide charters protection and i
- CMA CGM picks new US operations chief
Twenty-seven year veteran of shipping brings with him prior experience at Maersk. APMT and Sea-Land.
- BBC Chartering starts Indian Ocean transits
New eastbound service will be anchored by railroad project cargoes for Australia.
- IM Skaugen reveals "massive" legal spat with Teekay
Owner accuses rival of trying to "scuttle" its gas carrier pool activities.
- Diana fixes panamax to ST Shipping
Rates remain flattish as trading firm takes ship for short-term hire.
- DryShips sells VLGC fleet and panamax bulker brace
Greek owner's venture into the LPG market comes to an end as fleet renewal steps up.
- Vale VLOC to be scrapped at PHP Family
Brazilian miner denied the demolition sale last week but buyer confirms sale.
- Klaveness pool earnings beat the benchmark
Norwegian owner says June saw high volatility for panamaxes.
- Maersk Line halts second service
Asia to northern Europe loop closing due to slack demand.
- Eastern Pacific handysizes show up on sales sheets
Brokers circulate quartet for sale but market sources unsure if the ships will be cashed in.
- Baltic Exchange launches LNG index trial
Benchmark vessel and route details emerge as Exchange pilots LNG
- Ecovix plans to sell Brazilian shipyard
But restructuring group wants to diversify its activities first.
- London falling: UK shipping hub drops behind Hong Kong
Baltic Exchange rankings show further strengthening of Asian shipping centres.
- IRISL fails to reclaim SocGen termination payment
UK court rules bank can keep $8m from Iranian owner after sanctions caused cancellation of boxship at HHI.
- Could a small $756 investment sway $1.1bn VLGC merger battle?
BW LPG vehicle buys just 100 shares ahead of move to push for boardroom seat.
- Bulker probed over gas pipeline leak
Indonesian ship was closest to accident site, police say.
- Economic outlook uncertain but global growth remains supportive
Despite worrisome headlines, there is little to fear in the global outlook, writes Pictet Wealth Management global strategist Alexandre Tavazzi
- Songa Bulk sets out dividend after Star Bulk deal
Shipowner breaks out distribution after cheque and stock arrive from Petros Pappas.
- Fredriksen venture buys BWT systems
DESS chooses Optimarin kit for wellboat newbuildings.
- China Exim finances new Navibulgar bulkers
Lender provides $94m to fund six ships at Yangzijiang.
- Navigator Spirit fails to quash salvage award for bulker breakdown
Arbitrator did not act irregularly in case of Golden Union-managed newbuild whose engines kept shutting down.
- Bomb explodes outside Piraeus shipping company office
Police examine home-made device at Greek port.
- Scorpio Bulkers sells and leases back ultramax
Move will boost liquidity by $8m after $19m disposal.
- Scenic's first cruise newbuilding delayed
Uljanik Shipyard pushes back delivery of the first of Australian cruise operator's two expedition cruiseships by five months.
- Indian Register begins e-certification drive
Classification society implements electronic certificates on all its vessels.
- Trade spat could turn Brazil into soybean importer
Escalating trade war between the US and China likely to cause domestic shortages in Brazil, says industry body in the world's largest soybean producing country.
|JULY 10, 2018|
- Covenant finalizes Landair acquisition
Covenant Transportation Group Inc., a parent holding company for various transportation providers that offer services throughout the United States and Mexico, finalized its acquisition of Landair Holdings Inc., the holding company for Landair Transport and Landair Logistics.
- Longshoremen reach tentative deal in New York
The International Longshoremen's Association and employers represented by the New York Shipping Association said Tuesday they have reached tentative agreement on a six-year local contract for the Port of New York and New Jersey.
- U.S., Canada dispute WTO report circumstances
Canadian and U.S. government officials in emails to American Shipper disputed the circumstances leading to circulation of a World Trade Organization panel report on Thursday finding that the U.S. violated several WTO countervailing duty rules in levying CV duties on supercalendered paper from Canada.
- South Carolina cargo hits monthly high
South Carolina Ports Authority (SCPA) finished its fiscal 2018 year on a high note, logging record container volumes for the month in June, according to the latest data from the port authority. Terminals operated by SCPA handled 201,163 TEUs for the month, a 10 percent increase from June 2017 and a new high-water mark for monthly throughput. The June figures followed a May in which volumes surged
- Hapag-Lloyd does not see major mergers ahead
The world's third-largest container carrier, France's CMA CGM, has approached shareholders of Germany's Hapag-Lloyd about a possible merger, according to a Reuters report, but has been rebuffed.
- Ocean Transport: Power struggle
Shippers could regain the upper hand this year as carriers continue to deal with the threat of overcapacity as well as challenges from high bunker costs, volatile spot rates and uncertainty from global trade tension.
- U.S. beef, lamb exports rise in May
U.S. beef and lamb exports increased in volumes and value in May from a year prior, despite the nation experiencing a modest decline in pork exports in terms of volumes and value, according to data provided by the U.S. Department of Agriculture and compiled by the U.S. Meat Export Federation.
- Customs finds importer evaded glycine duties
Ceka Nutrition Inc. illegally evaded antidumping duties on glycine from China, according to a U.S. Customs and Border Protection anti-circumvention investigation that was initiated Aug. 28, 2017, and recently concluded.
- Talking Trade with former BIS chief Eric Hirschhorn
The Adam Smith Project sat down with Eric L. Hirschhorn, former chief of the U.S. Commerce Department's Bureau of Industry and Security, to discuss the recent evolution of the country's export controls and where he believes they're headed.
|JULY 10, 2018|
- EIA says April residual fuel oil exports to Panama rebounded on year
US residual fuel oil exports to Panama totaled 2,155,000 barrels in April, up from 1,817,000 barrels a year earlier
- HSFO demand at Rotterdam weakens amid loading backlog
A 3.5% sulfur fuel oil barge loading backlog at Rotterdam after a flurry of buying activity last week has caused demand at the Dutch port to fall away this week
- External: Praxis Energy Agents DMCC
- Cavotec launches shore power initiative in China to curb emissions
Global engineering group Cavotec said has commissioned a self-propelled, battery-powered shore power solution at the Taiziwan cruise terminal at the Port of Shenzhen, southern China
- REFINERY NEWS: China's Sinopec Guangzhou starts supplying Phase 6 gasoil
China plans to adopt Phase 6 gasoline and gasoil nationwide from January 1, 2019.
- More accurate sulfur verification for compliance to IMO 2020 rule needed: BIMCO
This comes as an intersessional meeting of the IMO on sulfur implementation is being held over July 9-13.
- Net speculative length in ICE LSGO hits four-month low
High arrivals of diesel into Europe in the coming weeks are set to add length to the market.