|NOVEMBER 21, 2018|
- HK to remain 'key maritime player' in the Asian region: Carrie Lam
- Alliances look to north-south trades, including those to Latin America
- Best October box imports sets Oakland on track for 3rd straight record year
- Port of Savannah sets record box volume of 413,800 TEU in October
- InterManager seeks advice from seafarers on safety issues
- Philippine seamen group accuses some shipping firms of overloading vessels
- Port management veteran Andrew Dawes is ICTSI's new APAC head
- Halifax airport go ahead with logistics park expansion with US$14m funding
- Maastricht Airport achieves IATA certification
- ECS appoints Jochen Krug as regional manager for Asia
|NOVEMBER 20, 2018|
- MANSA on an international platform with the unanimous election of Capt. Vivek Anand as FONASBA's Regional Vice-President for Middle East & Indian Subcontinent
- MOL drill focuses on LNG carrier safety
- Yang Ming receives 2018 Quest Quality Award
- SEZ policy report submitted to Commerce Minister
- US withdraws certain concessions to Indian exports
- India's air cargo industry needs to grow at nearly 13 pc every year, says report
- Jet Airways registers highest uplift of cargo by an Indian carrier in a single flight
- The role of Blockchain in air cargo
- WCO dedicates 2019 to transforming frontiers into SMART borders for seamless trade, travel & transport
- WTO members adopt roadmap for reducing technical barriers to trade
- Commerce Minister releases report on industrial park rating system
- Delegates expected in large numbers for Shippers & LSP Business Forum on CTL 2018 in Vadodara on Nov. 22
- Loan agreement inked with ADB to support lending by IIFCL
|NOVEMBER 21, 2018|
- Southern vitamins send greetings
- Wanted: Better working conditions for HGV drivers
- BTK expanding in Rosenheim
- Seaport-hinterland volumes take off
- Mathews wins Golden Shield
- Dnata starts LA operations
- Pact for sustainable port development closed in Antwerp
- Rubber company opens new DC
- UK: Restored rail line takes 1,500 truck trips off the road
- Linz airport's new MD sets sights on freight
- K Line enlarging fleet
- Delta Cargo introduces CSafe RAP container
- Four initiatives for LTL optimisation
- "Curiosity of the Day"
- Evergreen Maritime - in the black - invests anew
- Rail/road service to reinforce South Asia network
- Panalpina searching for new chairman
- VIE wants more China
|NOVEMBER 20, 2018|
- Special report: FFA controversy swirls around Baltic Exchange
- Changing trade patterns, Iran sanctions to bolster dry bulk and tanker markets
- US warns shipping on Iran, North Korea risks
- Aegean Marine Petroleum gets green light for Mercuria's DIP funds
- Kristian Gerhard Jebsen adds Kamsarmax pair at JMUC
- Sinotrans Shipping plans Hong Kong privatisation move
- Cargo ship and fishing boat collide off Taiwan's Taichung port
- COSCO Shipping Specialized Carriers books up to nine pulp carriers
- Klaveness orders sixth combination carrier at Yangzijiang
- Rizhao Jurong Port seeks Hong Kong listing
|NOVEMBER 20, 2018|
- MSC and Maersk clash on capacity policy as AE2/Swan loop readies for relaunch
- CEVA appoints LatAm contract logistics boss Milton Pimenta to head Antipodean cluster
- Supply Chain Radar: XPO Logistics -> Fast delivery?
- Whitehall backs move to bring distributed ledger technology to UK ports
- 2020 low sulphur regulations could be 'the saviour' of container shipping
- Interview: Tushar Jani, founder of Blue Dart - visionary and people fan
- The downside for carriers and terminals of a digital supply chain
- Special report: forward freight agreement controversy swirls around Baltic Exchange
- Supply Chain Radar: after trouble for CEVA & XPO, how exposed is K+N's portfolio of clients?
- Supply Chain Radar: WFS Q3 out - more joy than pain, for once?
|NOVEMBER 20, 2018|
- GAO: Costly maintenance delays plague Navy attack submarine fleet
- Master Marine delivers fourth towboat in Waterfront Services series
- Eagle Bulk exercises options for 15 more scrubber retrofits
- VT Halter Marine awarded $9 million in support of T-AGS 67
- Bankruptcy Court approves Aegean Marine "first day" proposals
- MAN 48/60CR engine will power Chinese sand dredge newbuild
- Colonna's wins $11.8 million T-EPF 9 contract
- McAllister Towing appoints Alan Ginsberg as CFO
|NOVEMBER 20, 2018|
- Hong Kong forum hears upbeat assessment for 2019
Speakers believe the worst is over and they are looking forward to the year ahead
- Noble Group in Singapore probe
The Accounting and Corporate Regulatory Authority notified the company of findings of suspected legal breaches Tuesday
- Weak fundamentals cloud tanker market
Supply is expected to exceed demand in the oil tanker sector next year, according to Clarkson Research president Martin Stopford
- Eagle Bulk exercises options for 15 scrubber installations
Dry bulk owner already had a firm order for 19 scrubber installations and now has three more order options left
- Fragile dry bulk recovery said to be stalling
'The growth story is evaporating', according to BIMCO's chief shipping analyst Peter Sand
- How can Hong Kong see off maritime challengers?
Hong Kong has slipped in the ranking of Asia Pacific maritime hubs and faces fierce competition from local and regional...
- BIMCO chief warns of looming impact of China-US trade war
Outlook for 2019 container volumes turns negative as indicators point towards a slowdown in the new year
- From the Newsdesk - five things to look out for this week
Lloyd's List Editor Richard Meade offers the inside track on the stories shaping shipping
- Aegean Marine gets bid from Mercuria Energy
The stalking horse agreement, filed with the U.S. bankruptcy court for the southern district of New York, means that any...
- Kerry Logistics launches China-Pakistan intermodal service
Kerry Logistics' new multimodal freight solution between Lanzhou and Islamabad is set to become a regular service in 2019
- Cosco Shipping Specialised Carriers strikes $300m newbuilding deal
Company said the newbuildings would be used to serve the contracts of affreightment signed with clients
- Golden Ocean reports profit as it declares scrubber options
Update: Taking 300 capesizes out of the market to install scrubbers ahead of 2020 should be a positive for dry...
- Daily Briefing
Union pushes for increase in seafarer minimum wage | Brexit deal may not be pretty, but it just about works...
- MISC suffers from weak conditions in LNG market
Group is expecting better conditions ahead on rise in seasonal winter demand, slowing orderbook and continued scrapping
- Sinotrans Shipping confirms $434m buyout offer to shareholders
Costs and resources needed to maintain Hong Kong Exchange listing no longer justified, says Sinotrans Shipping
|NOVEMBER 20, 2018|
- Red Hook aims to be NY-NJ port's barge hub to city delivery
- Emerging market energy needs to drive project construction
- DP World JNPT Gateway terminal notches call production high
- Tech transforming payment services into shipper intelligence
- Maersk aims to double its Asia-Europe rail volume
- Shippers assess potential Brexit deal or no deal
|NOVEMBER 20, 2018|
- Star Bulk posts fourth consecutive profitable quarter
Star Bulk saw third quarter earnings shoot up $26m on improved charter rates, but still fell short of analyst expectations. Star Bulk inks pioneering "green" loan for scrubbers Chief executive Petros Papas said the results are the fourth consecutive profitable quarter for the New York-traded Greek bulker owner, stretching back to the third quarter of 2017, when they lost $7.4m. The average dail
- Baron draws distinction between Aegean and OW Bunker
Terminals are wet and customers are coming back, Aegean Marine Petroleum Network officials say
- Winter slump drags Baltic Dry Index close to 1,000 points
A five-week slump in dry cargo rates has left the Baltic Dry Index hanging agonizingly above the 1,000-point mark as the much-anticipated fourth quarter rally falters. Both shipping specific and macro factors are proving headwinds in what is now threatening to be just the latest false start for bulker owners. Diana Shipping inks Berge Bulk capesize charter Capesizes' fourth-quarter outlook dims
- Dynagas sees quarterly loss, less revenue from largest ships
Dynagas LNG Partners lost just under a million dollars in the third quarter thanks to a drop in revenue for its three largest ships. In addition to the $700,000 loss, the New York-listed shipowner posted a $0.07 loss per share, one cent worse than analysts had expected. Dynagas LNG prices $55m in new preferred shares The third quarter loss was a drop from the third quarter of 2017, when the com
- Italy orders migrant ship seizure over HIV fears
Authorities criticised after saying discarded clothes could have been infected.
- Norden tied to purchase of Diamond S Shipping brace
Danish shipowner Norden has bought a brace of tankers from Craig Stevenson's Diamond S Shipping in a near $34m deal, brokers say. The transaction extends a period of counter cyclical growth for the Copenhagen-listed shipowner's products division and comes at a time when the number of tanker deals is spiking. Norden says MR purchase shows 'good timing' Norden deal marks first block in Kirk Kapit
- Former Eagle Bulk CFO Ginsberg lands at McAllister
McAllister Towing has named Alan Ginsberg its new chief financial officer. Lack of tugboats blamed for San Lorenzo port allisions Ginsberg joins the 154-year-old New York tug owner after serving as the founding CFO of Eagle Bulk Shipping. He currently serves as the treasurer of the Seaman's Church Institute. McAllister, with 50 vessels operating up and down the east coast and in Puerto Rico, ha
- VIDEO: MSC boxship holed in dock crash, spills fuel
Vessel being repaired after suffering damage under pilotage at Yilport in Gebze.
- Navios Maritime Holdings gets $7m for panamax
Angeliki Frangou-led bulker owner sees higher revenue on improved charter rates.
- Ultrabulk sets sail for eco-trial
Danish bulker owner to spend a year studying benefits of wind power.
- Rokke research ship costing $350m
Billionaire's new vessel is part of his $500m pledge into ocean research.
- Eagle Bulk declares 15 scrubber options
Nasdaq-listed Eagle Bulk has declared options to fit 15 more exhaust gas cleaning systems to its fleet. The move follows its original announcement in September that it would use 19 scrubbers, with 18 options attached. Eagle Bulk bondholders back scrubber amendment The company intends to complete the 34 installations by 1 January, 2020, when the IMO's low-sulphur fuel rules come into force. Eag
- Ship Finance International looks to build on $900m growth spurt
Ole Hjertaker-led company looking to follow up on this year's boxship buys.
- Chemikalien expands with takeover of Rigel Schiffahrts
Fleet of over 30 chemical and product tankers created as Hamburg and Bremen companies join forces
- New Dayang marks relaunch with China Development Bank Financial Leasing bulker dozen
Domestic yard secures full 12 ship haul as executives at leasing company dismiss rumours of speculative order.
- RS Platou Holdings rejigs holding in Clarksons
RS Platou Holdings has reported a reduced stake in major shipbroker Clarksons. The investment company now controls 6.63% of the London-listed company, down from 7.10% previously, a filing to the London Stock Exchange shows. Platou buy ticks all boxes for Clarksons However, despite initial reports, Norwegian investor Ragnar Horn has not sold a slice of his shares in the shipbroker. Rather, 13
- Containerships makes money after CMA CGM takeover
Finnish owner back in the black for the third quarter.
- Fjord1 wins $235m contract, inks $151m loan
Saevik-backed ferry company seals 14-year deal to operate in Indre Sunnmore.
- Atlantska seals $23m bulker refinancing
Croatian owner arranges new loan to pay off debt on kamsarmaxes.
- Mortgagee Caterpillar Financial auctioning MPP
Ice-class vessel going under the hammer next month in Rotterdam.
- Evergreen profit slashed as costs grow
Taiwanese container line Evergreen has posted a steep fall in third quarter profit as costs increased. Net earnings to 30 September were TWD 771.2m ($24.95m), down from TWD 4.02bn in the same period of 2017. Revenue grew to TWD 44.9bn from TWD 41.52bn, it said. But operating costs were also up at TWD 41.6bn, against TWD 37.01bn in 2017.
- Aegean Marine unlocks financing after first day motions pass
Aegean Marine Petroleum Network has secured access to over $530m in financing after a US bankruptcy court waved through its first day motions. Mercuria takes centre stage after Aegean Marine goes into Chapter 11 Aegean Marine on verge of collapse before fraud revealed Aegean filed for Chapter 11 earlier this month in the Southern District of New York just days after an internal probe resulted i
- DSME sees 'bright outlook' for LNG after $9bn order rush
DSME is confident of continued demand for LNG carriers after the South Korean shipbuilder and its peers raked in contracts for the ships worth over $9bn this year. LNG newbuildings set to hit 50 with TMS Cardiff Gas in top slot Park Hyung-gun, vice president of DSME, told Reuters: "The demand for LNG carriers surged followed by increased global demand of LNG. "There is a bright outlook ahead fo
- Cloud tech can transform shipmanagement services
Digital tools allow managers to focus on how to add value for clients
- Total hands back Havila PSV early
Danish job finished ahead of schedule for Norwegian owner.
- Greek shipowner W Marine buys last Kairis Brothers ship
Shipowning company headed by Ioanna Procopiou's husband has sold its last vessel.
- Golden Ocean profit soars as it declares scrubber options
John Fredriksen-controlled owner boosted by strong capesize rates as IMO 2020 retrofitting continues.
- Cosco Shipping orders up to nine pulp carriers for $301m
Chinese owner's specialised unit inks deal for five firm ships with four options at group yard.
- Shipowners split on fallout from Chinese port reshuffle
Handysize players in China's log trade have very different takes on the cause of rising waiting times and their long-term implications
- Sinotrans Shipping investors set to vote on delisting offer
Independent financial advisor says offer for Hong Kong-listed shipowner is "fair and reasonable".
- Ocean Tankers ship targeted by skiffs in Gulf of Aden
Singapore shipowner's encounter with craft one of several reported in early November.
- Japanese yards see uptick in export orders during October
Shipbuilders received fewer contracts last month, but those it did secure were larger vessels.
|NOVEMBER 20, 2018|
- Rotterdam fuel oil barge delays rise as price dip prompts buying interest
Fuel oil barge loading delays at the key port of Rotterdam have escalated this week as a dip in outright prices enticed buyers into the market.
- External: Marine Bunkering(Rotterdam)B.V.
- Russian energy minister, oil producers to discuss possible cut before Dec meetings: report
Increasing non-dollar trade is also likely to be a discussion point during the visit.
- External: Global Risk Management
- BIMCO to develop LNG bunker purchase, LPG voyage party contracts
An alternative fuels contract and a voyage charter for LPG are two key projects which have global resonance, Hunter said.
- FUTURES: Crude complex stable amid mixed supply signals
"Crude oil prices were mixed as debate about future production cuts raged around the market," ANZ analysts said.
- S.KOREA DATA: Oct crude imports from Iran remain at zero due to US sanctions
In September, South Korea's imports of Iran oil fell to zero for the first time since September 2012 amid then US-led sanctions on Iran.