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| SEPTEMBER 12, 2018 |
- Djibouti siezes shares in Doraleh Container Terminal, ignores court ruling
- Long Beach box volume slips 1.9pc in August, but rises 9.4pc so far this year
- Looming 0.5pc marine fuel sulphur cap to impact ship charter agreements
- MacGregor invests in developing autonomous cranes anticipating future
- China subsidises exporters damaged by US tariffs through tax breaks
- Democrats say they will block Trump signing NAFTA deal without Canada
- New headquarters set up in Hong Kong to lead MOL's NVOCC business
- Agility turns sod on 29-hectare warehouse park in Maputo, Mozambique
- The Freight Summit to be held at Reverie Saigon from October 9 to 12
- Greater Arctic commercial exploitation exposes lack of infrastructure
- Liebherr delivers four new STS cranes to APM Terminals, Gothenburg
- Shenzhen's Uni-top freighters link Liege with Wuhan in Central China
- Cargo flights to Kigali and Muscat launched by expanding Turkish Cargo
- Swissport first half revenue increases 4.1pc to US$1.66 billion
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| SEPTEMBER 11, 2018 |
- Bahri bags 'Shipping Line of the Year - Break Bulk Operator' award at All India Maritime And Logistics Awards 2018
- Classification of potentially hazardous cargoes being discussed at IMO
- DG Shipping - Circular on IMO Data Collection System
- Pradeep Kale elected President of Pune Custom House Agents' Association
- India-Syria trade seen having potential to reach $500 m by 2020
- North Carolina ports bracing for Hurricane Florence
- SpiceJet launches dedicated freight service
- Work on Agartala-Akhaura rail project commences
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| SEPTEMBER 12, 2018 |
- Run on the reefer
- New vehicles to counter cargo space shortage
- SCPA reflects on "delightful" August
- Tiger Trailers for carrying paper reels in UK
- Independent "heavyweight" for Wascosa
- Flykargo supports return of Jetblue's cargo business
- Novel solution for private deliveries
- Tank cars for molten sulphur and sulphuric acid
- Luka Koper adjusts investments after good H1/2018
- Management reshuffle at Frigosped
- DB Schenker and Veikkaus ink contract logistics pact
- United Cargo takes new cold chain system on board
- New structure for Linhas Aéreas de Moçambique
- Spicing up airfreight in India
- Volvo cars takes to the rails
- CMA CGM sees steep income drop in Q2
- "Curiosity of the Day"
- New gateway for Austria and Eastern Europe
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| SEPTEMBER 11, 2018 |
- DP World blasts Djibouti's 'blatant disregard' for international law as port spat rumbles on
- Sovcomflot orders Aframax pair at domestic shipyard
- RWE books capacity at Germany's first LNG terminal
- Cargill confirms tanker quartet charter from Empire Navigation
- Challenges multiply for the ro-ro sector
- Whangarei Harbour to welcome fully loaded Suezmax tankers
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| SEPTEMBER 11, 2018 |
- UK haulage crisis tightens its grip as shippers face a delay 'double-whammy'
- Government nationalises its stake in Djibouti port and container terminal
- Spicejet - the low-cost carrier with big ambitions for cargo
- Cargologicair expands management team with some new faces
- Truck drivers wanted at Walmart - $1,500 referral bonus
- Why European container lines are winning the reefer market share battle
- Brian Hancock and Michael Naatz boost management team at Kansas City Southern
- Finance expert Virginia Henkels joins Echo Global Logistics board
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| SEPTEMBER 11, 2018 |
- VIDEO: GEA rethinks the marine separator
- Safe Bulkers to fit half its fleet with scrubbers
- Chevron launches 2020 ready range of cylinder lubricants
- VT Halter Marine books order for another Bouchard ATB
- N-Sea Offshore at work on three-year subsea IRM contract
- Austal to build 94 m fast ferry for Trinidad and Tobago
- Sovcomflot orders LNG fueled Aframax duo at Russian shipyard
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| SEPTEMBER 11, 2018 |
- Shipping's carbon emissions have peaked, BIMCO says
BIMCO's new research finds that greenhouse gas emissions from shipping peaked in 2008 and focus should be improving the future...
- Trade wars could hurt shipping demand, BIMCO says
Any escalation of the Sino-US trade spat poses a threat to underlying consumption and may make ship positioning more difficult...
- Peter Döhle opts for Greek BWTS for fleet
Greek manufacturer gets the nod from second major German owner after being chosen by Oldendorff Carriers earlier this year to...
- DP World condemns Djibouti nationalisation
DP World says arbitration proceedings to bring to an end the long-running feud with the East African country are ongoing
- Sovcomflot orders two LNG-fuelled vessels for Rosneft charters
Kremlin-backed deal will see Sovcomflot order the ships from the Russian yard project for Rosneft's export programme
- Dorian continues to evaluate offer after 'multiple' meetings with BW
After seemingly receiving no response to BW's improved offer in July, Dorian now says there have been 'multiple' meetings between...
- BIMCO warns IMO sulphur cap will lead to bankruptcies
BIMCO, the largest shipping association, says shipowner numbers are increasing, while broker representation is declining given the difficult shipping markets
- Trade 'tensions' put Chinese export growth at risk
China's export growth slowed in August despite the front-loading of US cargoes ahead of anticipated new tariffs as the US...
- Inchcape sells freight forwarding arm
ISS said the decision to sell was made due to the limited synergies of owning marine and freight forwarding businesses...
- US ports close as east coast braces for Hurricane Florence
As a state of emergency is declared in Virginia, North Carolina and South Carolina, US authorities have announced that several...
- Safe Bulkers moves to install scrubbers on half its fleet
Contracts with Alfa Laval and Cosco targ retrofits for 19 vessels within 2019
- European box lines continue to lead global reefer market
European carriers Maersk Line, Mediterranean Shipping Co and CMA CGM are the market leaders in containerised reefer shipping
- China newbuild prices see slower growth amid summer break
Price index has experienced 12 consecutive months of growth, driven by higher raw materials costs and better market sentiment in...
- Hyundai Heavy workers plan strike action
The unionised workers will set down their tools at Ulsan shipyard for four hours on Wednesday
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| SEPTEMBER 11, 2018 |
- Port of Halifax expands as Eastern Canada volume outpaces West Coast
- Higher US truck spot rates blow in ahead of hurricane
- 'Bullish' US truck market to last well into 2019
- Virginia truck appointment system delivers truck turns under an hour
- Transshipment at India's ports surges after cabotage reform
- New projects promise faster, cheaper India-Bangladesh rail
- Slideshow: Top container lines serving US trades
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| SEPTEMBER 11, 2018 |
- Expanding trade frontiers with new commodities
A new report by DNV GL forecasts biofuels, water and additive manufacturing as new trade commodities, while gas and cargo shipping is set to triple and double business by 2050.
- Navios Containers taken off N-OTC market
Angeliki Frangou-backed boxship owner drops from the Norwegian over-the-counter (N-OTC) market after last week's move to become listed on the Nasdaq Global Select Market.
- Top Ships enters $92.5m leaseback deal
Athens-based tanker owner plans to sell two newbuilds to an unnamed Chinese leasing company and then charter them back for three years.
- Stolt, chemical maker fully liable in Flaminia fire
MSC, Conti among those cleared of blame in $280m boxship blaze that killed three.
- North P&I Club to open New York office
UK-based insurer's New York location will be led by Ian Duthie, who comes from Marsh P&I as senior vice president for greater New York City.
- Bouchard orders sister tug
New York-based tugboat owner orders articulated tug barge with option for second vessel from VT Halter Marine.
- Norwegian confirms top accountant
Mark Kempa hired as chief financial officer of Miami-based cruise major after serving six months in interim capacity.
- DFDS to fit scrubbers on 12 freight ro-ros
Danish owner will spend $47m on environmental compliance.
- Ship caught up in arms row leaves South Africa
Transflot's Lada receives permit to head to Lagos in Nigeria.
- Bimco warns over trade row
Tit for tat tariffs battle between US and China set to hit shipping markets.
- Samsung and Zvezda form shuttle tanker JV
Korean group to help start-up Russian yard build vessels up to 120,000 dwt.
- Dorian LPG says it has met multiple times with BW leadership
Takeover target says it is continuing to evaluate merger proposal and does not close doors to potential opportunities.
- Island Offshore wins Repsol PSV extension
Norwegian owner keeping supply ship in operation until at least November 2019.
- Oceanteam wins cable-carrying contract
Norwegian-listed owner seals barge deal with UK energy company.
- Feringa staying at Team with $6m share deal
Tanker company's CEO wins new four-year term with stock options attached.
- Two staff killed in attack on NOC HQ
Armed assailants storm Libyan oil company office in Tripoli, injuring another 10 employees.
- SCF orders LNG-fuelled aframaxes backed by 20-year charters
Russian owner signs with Rosneft for more 'Green Funnel' tankers at new Zvezda yard.
- Sergey Frank hails new propulsion systems training centre
Sovcomflot CEO says Vladivostok facility will provide much-needed crew expertise for Arctic operations.
- Austal clinches ferry deal from Trinidad
Australian yard confirms talks near conclusion after Caribbean prime minister reveals order.
- Tanker owners could cash in before Iranian window closes
Rates may jump as US deadline over crude shipments approaches.
- Glencore fails in appeal against Navig8 tanker claim
UK court of appeal rules trader must indemnify pool operator against legal action from Societe Generale in LOI row.
- Asia ship robberies inch up in first eight months
Fredriksen bulker among those ships targeted by robbers in August, says ReCAAP report.
- Hyundai staff set to strike in support of offshore colleagues
Group expects ruling from labor relations commission over introduction of unpaid leave for idle workers.
- Enterprise to boost Houston LPG export capacity
US-listed terminal and pipeline operator will now be able to handle 21m barrels per month.
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| SEPTEMBER 11, 2018 |
- OPEC oil output to average 32.35 mil b/d in 2018, 32.20 mil b/d in 2019: EIA
- Shell warns UK against 'no-deal' Brexit
Company said "no-deal" would significantly raise costs in the North Sea.
- Chevron Marine to launch 2020 compatible lubricants in 2019
Lubricants would help marine engines handle the lighter fuels used post-2020.
- Turkey's Tupras refineries helping re-balance gasoline, FO markets
Fuel oil exports have helped supply the Mediterranean bunker market.
- UK's Fawley mulls investing in diesel unit; final decision in H1 2019
IMO 2020 sulfur cap potential reason for new unit
- Pace of fuel oil arbitrage east from ARA steps up
Europe-Singapore fuel oil arb still lagging behind typical volumes.
- Asian middle distillates gain momentum in September on firm demand
Traders said sentiment remained bullish amid tighter supply and steady demand.
- REFINERY NEWS: China's Sinopec Guangzhou cracks Murban to lift light ends yield
"The margins of light ends are now better than that of heavy ends, which encouraged us to adjust the product structure," a source said.
- INTERVIEW: Oman in talks with Asian partners for oil storage
"Two or three Asian countries are already interested [and] visited the location a couple of times," Hilal al-Kharusi, MD OOC said.
- Russia, US energy ministers to talk meet in Moscow Sept 13
Cooperation between the two countries regarding energy policy among discussion topics.
- Asia bunkering industry preparing for sulfur deadline
Shipping companies still weighing their options with less than two years before the sulfur change.
- Malaysia fuel oil, gasoil, naphtha output falls on year in July
Fuel oil production down 18% from July 2017.
- Premiums for ships loading from Iran to rise as US sanctions loom
US sanctions on Iran will return on November 4.
- Star Bulk Carriers opts for scrubbers to comply with IMO 2020 rule
The company has secured debt financing to finance its scrubbers installation ahead of 2020.
- FUTURES: Crude higher on lower US rig count, Iran tension
Market participants will be watching US inventory data and OPEC's Monthly Oil Market Report that are due for release Wednesday.
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