|APRIL 13, 2018|
- Questions asked about delay in US okaying Cosco's takeover of LB terminal
- POLB smashes Q1 throughput record with volume surging 19.4pc to 1.9m TEU
- DP World stakes claim to Djibouti ports
- Container shipping industry to see modest growth in 2018 and 2019: Drewry
- Seaspan CFO to step down, and svp Ryan Courson to take over role
- Canada's dairy sector expanding as protections draw Trump's Ire
- CEVA Logistics to launch US$1.36 billion IPO in Q2 to repay debt
- Swissport delays IPO due to weak market conditions to realise price aspirations
- World's 20 leading airports saw freight traffic rise 6.8pc in 2017
- New project to cut Fraport ramp waiting times
|APRIL 12, 2018|
- Dr Shri Prakash leaves behind a legacy & fond memories
- HMM holds a VVIP event in Mumbai
- Indian Register of Shipping receives authorisation as RO from Netherlands
- Hans Infomatic launches Cargo E-Go digital portal
- Promising trends, new avenues for entrepreneurs in focus at USC Global Supply Chain Symposium India 2018
- UPS commences larger integrated logistics facility in Ahmedabad
- Board formed to consider income tax incentives for startups
|APRIL 13, 2018|
- "Strong volume growth"
- 150 new vehicles for heavy haulage services
- TIA puts new association leaders in place
- Cargoline transports 12.2 million shipments
- Simwave to present simulator variety
- OeBB teams up with Chinese transporters
- Qatar Airways intends to buy five more B777Fs
- Stocktaking with drones
- Service upgrades at Ocean Alliance
- More trains on Leipzig - Verona route
- New maritime coordination in Berlin
- Valuable horses take well-deserved rest in Liege
- Digging deep into purse to buy U.N. Ro-Ro
- Gefco reinforces business outside car industry
- Channel Tunnel now part of new Silk Road
- Top level changes at Lufthansa Cargo
- Berlin airport - well - something's happening there!
|APRIL 12, 2018|
- Elcano expands fleet as cargo volumes and revenues show strong growth
- Dutch marine equipment manufacturer Huisman appoints new CEO
- Hong Kong shipowners voice trade war fears
- COSCO aims to strengthen logistics infrastructure
- DFDS to buy UN Ro-Ro in USD1.15 billion deal
- Chile continues dry bulk dominance
- STX O&S chief pledges normalisation by 2020
|APRIL 12, 2018|
- DFDS to expand presence in the Med with €1bn takeover of UN Ro-Ro
- Geodis set to launch drone operations in its warehouses by the end of the year
- Gender pay gap at UK ports shows logistics 'no worse' than other sectors
- Shipowners gain upper hand as charter market bites back at carriers
- Jack Ma: US-China trade war will kill jobs
- Boeing lands $1.7bn freighter order from Qatar
- Dorothea von Boxberg to take over as CCO of Lufthansa Cargo
|APRIL 12, 2018|
- Ingalls to reactivate east bank shipbuilding facilities
- SUNY Maritime will fit training ship with digital compliance solution
- New Zealand to issue no new offshore oil and gas exploration permits
- ReCAAP ISC: Fewer attacks on ships in Asian waters
- MMT Sweden extends charter of Simon Møkster MPSV
- Ready for Port State Control inspection? BV has an app for that
- India's Goa Shipyard to manufacture MTU Series 8000 engines
- DFDS to acquire Turkey's largest RO/RO freight operator
|APRIL 12, 2018|
- The Interview: Wolfgang Freese
Container shipping has become depersonalised over the past 50 years but carriers should not forget the personal touch
- Pacific Basin looks to add secondhand tonnage on positive outlook
Hong Kong-based dry bulk owner is cautiously optimistic about the continued recovery but expects volatility along the way
- Idle boxship fleet set to fall
World containership fleet treads water as scrapping slows, temportarily pushing up idle fleet
- Anti-money laundering rules killing one in eight shipping deals, says M&M
Old school corporate veil now sure-fire dealbreaker, according to M&M chief Halvor Steen
- Stolt-Nielsen posts better results on storage businesses
The world's largest chemical tanker owner is keeping a dim outlook on freight earnings this year
- Durban, Abidjan and Mombasa most likely to become major hubs in Africa
African ports also face cost challenges from trade imbalances stemming from commodity exports and manufactured imports
- Alix calls for container lines to curb new orders
The consultancy also warned about rising operating costs due partly to bunker prices, which have more than doubled from early...
- Sea Japan feels the winds of maritime transformation
The question now being asked openly by overseas visitors is: how do we do business here?
- Japan targets ageing Asean fleet with financial incentives to build
The move comes as a large part of the Asean countries attempt to expand their fleets and renew aged vessels
- Heavy Fuel Oil ban in the Arctic gains regulatory traction
Calls for a ban on HFO use in the Arctic gain support at MEPC despite resistance
|APRIL 12, 2018|
- Teamsters back, CTA opposes California shared liability bill
- US intermodal rail fluidity improves, but larger questions remain
- Prince Rupert port returns to normal fluidity despite double-digit gains
- US shipper updates, from blockchain to ACE
- Trump asked to review Gulftainer lease of Delaware port
- Rotterdam adjusts inland vessel schedule to curb bottlenecks
- ILA, USMX plan June meetings aimed at contract deal
- Modest progress notched, Russia customs service reforms continue
- ONE launch hits 'teething' problems for bookings
- Demand fuels Top 50 US trucking companies' revenue jump
- Chabahar operator selection effort stalls again
|APRIL 12, 2018|
- LA Harbor Commission president steps down
City official appointed to five-member panel, brings leadership experience at municipal and state levels.
- Owners offer in on BP Suezmax tender
But offers for tonnage to take on long-term hire come in at levels above what oil major appears willing to pay.
- Shell in TC deal for AET's LNG aframaxes
Malaysia-based owner says the newbuildings will be among the 'cleanest' aframaxes
- Skaugen family holding to plunge in restructuring
Historic Norwegian shipping firm heading for slimmed down future under Norgas
- ER Schiffahrt taps into improving charter market
- Total kicks off FSRU search for Cuba project
- Pod propulsors are the driving force behind latest cruiseships
Operators explore new opportunities with help of azimuth thruster technology
- Does the internet make crew lonely?
- Non-compliant pilot ladders needlessly put lives at risk
- Chinese deal yields Kassian its third bulker of the year
- Expanding Great Eastern raises $46m
Debenture issue gives Indian owner more acquisition firepower.
- Sudan joins queue for FSRU as it works on onshore terminal
- Shell's Prelude FLNG gears up to receive its first LNG
World's largest floater nears another historic milestone at its new home off Western Australia
- Plate Princess tanker spill dispute may go to UN
- Jiangsu to build up to 20 LNG-fuelled bulkers
- Cruiseships learn from commercial cousins to explore polar regions
Icebreaker expertise cuts a path for passengers to experience cold-climate cruises
- HMM gears up for $2.5bn boxship spend
- Rich shipping bloodline on both sides of household
- Fearnley Offshore Supply shows some positivity amid the gloom
Norwegian offshore shipbroker's annual dinner and light-hearted awards demonstrate slowly rising confidence among market players
- Clarksons Platou: summer love-in for GulfMark stock
Analyst sees 12% upside to shares as markets recover.
- Cosco and PIL ship swap deal swells past $400m
- Chandris lands two-year storage deal for VLCC
- Grieg Shipbrokers aims to get closer to clients in Asia
Further expansion in region likely after launch of dry bulk offices in major hubs
- Shippers 'have upper hand' in transpacific contract rate talks
Newbuildings and cascaded vessels will make things difficult for operators in negotiations
- Greek owners lead trend in scrapping of crude tankers
Two ageing vessels offloaded for scrap in Bangladesh and Singapore continue intense activity in the demolition market
- Buoyant start to 2018 scuppered by Trump's America First policy
Freight market optimism has been torpedoed by worries over strength of demand as the rhetoric of a trade war between the US and China ratchets up
- Petrobras fixes SolstadFarstad AHTS duo
Brazilian producer signs up ships for a year each.
- Politics clouds emissions negotiations
- STX Offshore submits self-rescue plan to KDB in nick of time
- Fukuoka tightens grip on chemical tanker sector
Acquisition of neighbouring yard Usuki is the latest in a series of consolidation moves among medium-size shipbuilders in Japan
- Guggenheim behind DSME VLCC order
- Marinakis raises funds for eight-VLCC project
- Sorensen chases $80m to support new venture
- Investors set sights on speculative crude tanker newbuild projects
Lower newbuilding prices offered in China and South Korea are gaining the interest of investment funds with money now flowing into new tonnage
- Monjasa bounces back into profit
Danish bunker and tanker group boosted by rising oil price in 2017.
- Stolt-Nielsen more than doubles profit
US tax boost helps first quarter result as owner says rates recovery still a year away.
- ICG boss Rothwell pocketed $3.3m in 2017
Ferry and boxship group CEO's total package rose almost 20% last year.
- Maersk Supply forms decommissioning JV
Danish OSV owner teams up with Maersk Drilling to shut down oil fields.
- One killed, nine injured in Russian yard blast
Gas cylinder exploded on research ship at Almaz plant in St Petersburg.
- LDA pulls out of capesize spot market
Volatile sector now controlled by mining groups, French owner's boss says.
- Benelux boosts fleet with 28-year-old VLGC
- Shipping faces $60bn extra bunker bill post 2020
Availability of compliant fuels may also see major shift in bunker hubs, says Wood Mackenzie
- US Coast Guard medevacs injured Chinese seafarer
Handysize bulker steams 350 miles to rendezvous with rescue helicopter off Puerto Rico.
- Big money builds little fleet
- Teekay steers pool partners to 'The Helm'
World's largest mid-size tanker operator says new online portal will provide more transparency to partners.
- How does Clarksons make the case for Andi's bumper pay?
Investors in the world's largest shipbroker have another chance to judge the firm's executive compensation policy
- Fredly and familiar faces launch Hunter into VLCC market
New venture aims to be Oslo's third listed large tanker owner
- Fredriksen relieved at cutting 'Gordian knot' binding Seadrill
Refinancing plan comes together with more than 500 creditors agreeing to the scheme at bankruptcy court in Texas
- Crunch year looms for Scorpio Tankers over liquidity
Analysts and New York owner mull over tactics to shore up cash reserves ahead of debt maturities that are weighing heavily on its share price
- Grieg Group sets up new investment division
- Holst leads recruiting drive to rebuild L&S
- End of an era after more than a century
- Maersk Line snaps up six pack from Commerzbank
Owner adds modern neo-panamax and wide-beam vessels
- Orderbook at TMS Cardiff Gas inches up to five ships
Christos Economou leads LNG charge by reserving two berths at Samsung shortly after inking trio at rival yard
- PLN floats LNG proposals for Papua region
- First cargo date slides for Golar's Cameroon FLNG unit
- Fearnley Securities sees OSV potential amid the challenges
- Beachgoers discover mystery wreck on Florida shoreline
- Columbia turning ambitions into action with digital optimisation
Group chief executive Mark O'Neil says new control rooms will boost performance and safety, while offering an introduction to third-party management
- 'Prepare for the worst' when entering polar areas
- Navig8 rebuilding fleet with New Times tanker series
Pool operator verifies deal for 16 product tankers for its own account
- Allseas wins time charter for second suezmax
- Hansa looks to build on $15.3m tanker purchase
- Suezmaxes to get more US Gulf dock space
Major US energy logistics firm says acquisition of additional waterfront land aimed at more US crude exports.
|APRIL 12, 2018|
- BIMCO boasts of port call workload drop
BIMCO, the world's largest international shipping association, has been working with partners to develop a maritime reporting model (MRM) t...
- Port of Oakland volumes slide following Lunar New Year holiday
The Port of Oakland saw its cargo volumes slip in March 2018, as imports fell due to factory shutdowns in Asia during the Lunar New Year ho...
- TL rates keep on truckin' in March
Growth in domestic U.S. truckload rates continued to accelerate in March 2018, increasing 7.2 percent compared with the same month a year a...
- SCPA volumes rebound with record March
Volumes of containerized cargo at South Carolina Ports Authority rebounded in March 2018 after a rocky start to the year. Port terminals o...
- Intermodal pricing growth streak continues in March
North American intermodal rates increased another 5.8 percent for the month compared with the same 2017 period, the 18th consecutive monthl...
- Lyttleton Port issues lockout over pay feud
Lyttelton Port Co. (LPC) said upcoming strikes will close the port for several days later this month. The New Zealand port is scheduled to...
- Port trucking reform bill targets shippers
California State Sen. Ricardo Lara (D-33) said Wednesday that legislation ( SB 1402 )he has introduced "makes retailers jointly liable for ...
- Trump, federal agencies build framework for faster infrastructure reviews
President Donald Trump and the leaders of several federal agencies met on Monday to sign off on a proposal that aims to shorten the review ...
- Qatar Airways in queue for five Boeing 777 freighters
Qatar Airways this week signed a letter of intent with Boeing to purchase five 777 freighters valued at $1.7 billion. "The addition of fiv...
|APRIL 12, 2018|
- OPEC resolute on rebalancing oil market despite geopolitical upheaval: Barkindo
Tension between Saudi Arabia and Iran worsened, pushing prices higher.
- Shell sees low risk of 'stranded assets' as proven reserves slip
Shell estimates 80% of its current reserves will be produced by 2030.
- Panama's February marine diesel sales rise 16% on year
Sales of fuel oil rose 5% from February 2017.
- Temporary re-opening of northbound Bosporus strait mutes demand at Istanbul
The strait had been shut since Monday afternoon due to fog.
- Bunker trader Monjasa reports sales drop in 2017
- Lome bunker fuel soars on tight West Africa availability
- External: Marine Bunkering(Rotterdam)B.V.
- TRADER NOTE: Danish bunker supplier Malik Supply hires new bunker trader
El-Zarie will be based in Fredericia.
- FUTURES: Crude continues uptrend amid rising Middle East tensions
"Geopolitical risks outweighed an unexpected rise in inventories in the US," ANZ analysts said.