|JANUARY 26, 2018|
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
- MOL announces December rating of its key performance indicators
- Shipping, eco groups demand ban on non-compliant vessel fuels
- Innovative 'middle corridor' to foster cooperation, shorten transits
- Trump talk persuades China to shut cheap aluminum plants: Alcoa
- Shippers rights trump carriers, port claims in Nigerian court
- Fremantle volume falls month to month by 100 TEU to December
- China looks set to call US bluff over hard-line trade stance
- European dredging conference in Bremen February 28
- China Southern forklift, pallet builders win Hactl match
- Japan's ANA plans to start new trans-Japanese air cargo service
- FedEx re-bundles several units under FedEx founder's son in FTN
|JANUARY 26, 2018|
- Quite a self-confident No. 2
- NEE: railway regulation prevents the worst
- New maritime link between Cork and Santander
- Hordes of trucks and trains through Eurotunnel
- Weighty work for Antonov Airlines' new US office
- Port of Switzerland on track in 2017
- New logistics centre for Group7
- Qlik greets new CEO
- Looks back in joy: Port of Strasbourg
- Good result for cold logistics specialist
- Record development despite hurricane Harvey
- Lufthansa Cargo leads investment in IT startup
- Imperial extends management board
- First box train from Russia arrives in Vietnam
- IT ascends to board level at CMA CGM
- Another big carrier invests in NY Shipping exchange
- 9.2% more freight at Italian airports
- NTG acquiring Gondrand
|JANUARY 25, 2018|
- Marinakis, Liberty One team up for ship acquisitions
- McQuilling: clean, dirty tanker rates heading in different directions
- Feeder shipping on a roll as intra-regional traffic grows
- Euronav results tempered by tough fourth quarter
- Older tonnage appealing for operators despite regulations
- HMM launches ultra-freezer service
- Struggling shipyards will carry on, says Korea Eximbank chief
- Public bulker bulls argue their case for 2018 recovery
|JANUARY 25, 2018|
- Swissport set to pursue IPO, but will owner HNA relinquish control?
- Dispute at Gothenburg pushes container traffic to capital's expanding port
- Transborder SkyBridge $230m development can fly on US-Mexico trade growth
- Maersk takeover of Hamburg Süd may disrupt Asia-Latin America trades, warning
- Hyundai Merchant Marine Reefers ultra-freezer
- Blockchain start-up brings transparency to shipping
|JANUARY 25, 2018|
- Carnival orders second LNG fueled ship for P&O Cruises
- Guilty plea in MSC satcom bribery case
- UConn research vessel gets new life with refit
- Anthony Veder names first LNG carrier built to Ice Class 1A Super
- Capital and Liberty JV targets German shipping market
- BASSnet's first implementation in oil platform market
- VIDEO: WinGD puts an Integrated Digital Expert on board ship
- SEACOR will upgrade three more PSVs to hybrid power
|JANUARY 25, 2018|
- CSSC units to receive $1.6bn capital injections in major restructuring move
Deals come after a prolonged downturn in the Chinese shipbuilding industry
- Navios buys two panamax bulkers for $22m
The vessels are expected to generate $4.8m in earnings before interest, tax, depreciation and amortisation in the first year of...
- Turkey clamps down on abandoned ships
Under new regulation, harbour masters will have the authority to destroy or sell problem vessels if not removed within 45...
- Bitcoin freight deals emerge in sanctions-hit countries
Varamar and Prime Shipping trial cryptocurrency deals in preparation for launching their own digital tokens this year
- Why ultra-freezer service matters to HMM
There's more to deep-freeze reefers than bringing the temperature down: they give HMM a new competitive edge.
- MPC Container Ships to consider bond offer
Feeder owner accepted onto Oslo Axess after less than a year in business
- Nordea continues to take hit on shipping
Biggest Nordic lender says customer activity in shipping and offshore services was 'moderate' during the quarter with exploration and production...
- Daily Briefing
Hamburg shipping interests voice opposition to privatisation of HSH Nordbank, fearing that a fund-manager takeover of the stricken industry lender...
- HMM starts offering 'ultra-freezer' service on some routes
South Korean operator offers to carry goods at temperatures as low as -60°C in a move to target the air-transport...
- China issues guidelines on financial services for maritime development
China to accelerate development of maritime-related insurance and encourage funds to increase investment in shipping sector
- Ravi Mehrotra keeps the party going
More than 550 guests including IMO head celebrate 27th annual winter barbecue in London
- MSC expands presence in ro-ro trades with new West Africa service
The container shipping, ports and cruise heavyweight has a small portfolio of ro-ro activities in the Mediterranean but is moving...
- Marine professionals call for jailed Costa Concordia master's case to be reviewed
Open letter cites new investigation that claims ISM Code was ignored by Italian authorities and illegal use of electronic chart...
- MISC calls for more collaboration in the maritime industry
Maintaining long-term relationships with partners is a key part of the group's business strategy, say top MISC executives
- Deutsche Bank optimistic on dry bulk and product tankers
Star Bulk, Euronav and Ardmore Shipping are the bank's top picks for shipping investment
- Euronav vows more M&A activity after Gener8 deal
UPDATE: Tanker giant has confidence in benefits of industry consolidation despite lower profits in 2017
- Focus on data recorders in Sanchi collision probe
Maritime authorities from Iran, China, Hong Kong and Panama have signed an agreement to jointly investigate accident
- US targets North Korean shipping in fresh sanctions
Five North Korean shipping companies and their vessels added to the US Treasury's sanctions list as part of a broader...
- Teekay prices public share offering
Company looks to raise up to $112.1m from the transaction
- In praise of intolerance
The maritime industry could take a page from the aviation sector in taking a more intolerant stance toward accidents
- Box carrier forum TSA to shut down after three decades
The discussion agreement covering the Asia-US trades provided members with market intelligence and issued freight rate guidelines but unlike conferences...
|JANUARY 25, 2018|
- As US truck capacity tightens, shipments cross modal lines
- Release of report questioning Mexico rail competition delayed
- Sun sets on trans-Pac discussion group, and an era in shipping
- LA-LB ports aspire to Amazon's efficiency, Tesla's innovation
- Porto Itapoa records more market share gains
|JANUARY 25, 2018|
- US, Russia aim for safer Bering Straits
Joint proposal on two-way routes aims to reduce collision risk and provide more room for ice evasion.
- Euronav's Rodgers: 'size matters' for owners
Chief executive says its growing scale helped rates outperform industry benchmarks in fourth quarter.
- Chinese financial lessor spreads net for distressed shipping assets
Minsheng Financial Leasing aims to grow as an asset-oriented value investor in high liquidity segments including tankers and boxships
- Cosco tanker arm defends charter loss accounting
Shanghai Stock Exchange quizzes Cosco Shipping Energy Transportation after accounting move lifts reported profits by $56m
- Clock runs out on NAT hopes for $16m equity 'bonus'
- Newbuilding strategy will bear fruit in market of 2020
- Intermarine aims to lead heavylift consolidation
CEO Andre Grikitis says the heavylift multipurpose sector has lost its way as his Intermarine moves to consolidate
- Gritikis ready to 'flush out the zombies' in MPP
- Shipping's schmoozers can learn from forward thinking in Davos
Agenda for this week's globalisation summit shows that business leaders need to respond to the tough questions asked by the public
- Singapore's advanced port vision poised to spread across shipping
Shipowners will be keenly watching the efficiency and safety innovations being pioneered by terminal operators
- ClipperData to roll out box cargo tracking
- Asia-Middle East trades brace for flood of big boxships
Middle East routes predicted to become the new 'dumping ground for big ships' as rates stagnate and the overall orderbook filters into the market
- MarConsult targets dry bulk bounce back in fleet blueprint
Hamburg shipowner aims to acquire mix of up to 17 ships to seize on secondhand price opportunities
- Sale points to smart asset play by Lomar
- Japan's ONE enters boxship charter market with Ciner deal
Period charters give Turkish owner confidence to plot further expansion in the neo-panamax boxship sector
- Rival pair fight to end for Total's LNG bunker vessel
Choice of tank type and yard key in contest between Chinese and South Korean builders for new breed of LNGBV to serve long-haul LNG-fuelled vessels
- Havila Kystruten challenges Hurtigruten control
- 'Owners missing one hell of an opportunity' in Arctic tenders
Companies not aggressive enough in bidding for Russian offshore work, brokers say
- Seacor's new tie-up marks 23 ship buys since 2016
- Seacor-Cosco newbuild deal is bargain for both
Link-up is a rare win-win transaction for offshore these days as it keeps vessel prices low for the US owner but high for the Chinese shipbuilder
- Trump's posturing over Iran could affect payouts for tragic Sanchi
Fears mount that banks will be even more reluctant to deal with Iran over the Sanchi amid hardlining by the US president
- Row over Little Seyma unlikely to derail merger agreement
- GMS hits out at Norwegian central bank over ban
- Hong Kong recycling convention gets boost from Japan
- LR chief upbeat on dry bulk at Vasilopita event
- ICS calms fears ahead of sulphur emissions cap
- Growing US crude cargoes cut into trade from West Africa
Suezmax market expected to be put under more pressure as VLCCs head to Gulf Coast for surplus production
- Pistiolis adds another MR, taking tally to a dozen
Greek shipowner's Central Shipping Group exercises option for second product tanker at HMD
- Team Tankers aims to strengthen presence by selling smaller duo
- Breakers watch in hope as VLCCs head for demolition
- Laurin Maritime buys back tanker from KS owner
- Mehrotra barbecue beats winter blues
- Transocean set for quick profit on supramax
- Livanos group poised to sell oldest bulker
- HHIC gets the nod to build Exmar VLGCs
- TransOba deal throws light on vanishing Mardeniz fleet
Supramax sale lends credence to reports of sell-off by Turkish owner last year
- Gram buys pair of car carriers from Lauterjung
- Nissen and Nisshin's new tonnage orders top $2bn
Dynamic private Japanese duo grow fleets with investments made at the very bottom of the market
- Chinese import buyers in price frenzy for bulkers
Rumours of a change in Chinese import regulations is said to be driving up prices for the remaining available ships suitable for domestic coal trading
- Load Line Marine reels in German supramax
Greek shipowner makes renewal move with 2011-built supramax after the sale of older units
- Capital Maritime chief sees purchase options across board
Gerry Ventouris explains there are plenty of expansion avenues for new German joint venture.
|JANUARY 25, 2018|
- Trump's leaked infrastructure draft indicates White House intends to incentivize infrastructure funding
A draft of President Donald Trump's national infrastructure plan indicates the White House intends to incentivize infrastructure funding - ...
- Port of San Diego begins marine terminal modernization project
The Port of San Diego has started a $24 million project to modernize its Tenth Avenue Marine Terminal. On Tuesday, port and elected offici...
- Executive Moves: JaxPort and NS
The Jacksonville Port Authority (JaxPort) has selected Frederick P. Wong Jr. as chief operating officer, effective Feb. 5, 2018.He joins Ja...
- Concerns linger over revised CTPAT
As U.S. Customs and Border Protection prepares to roll out revised security standards for its primary industry security partnership program...
- Transpacific Stabilization Agreement shutters operations
The Transpacific Stabilization Agreement (TSA), a nearly 30-year old group that represented the major liner carriers in the transpacific tr...
- Port of Halifax sets new container volumes record in 2017
Containerized cargo volumes through the Port of Halifax have set a new port record, the Halifax Port Authority (HPA) announced Thursday. I...
- HMM introduces 'ultra-freezer' service
Hyundai Merchant Marine (HMM), South Korea's largest ocean carrier, started its first 'ultra-freezer' service, traveling from Busan, South ...
- Electric barges could change future of European waterways
European ports will launch a network of fully electric, emission-free and potentially crew-less container barges this summer, multiple sour...
- Robert Mottley, maritime industry reporter, dies
Robert Courtney Mottley Jr., a longtime maritime industry reporter, died on Jan. 22 after a valiant battle with brain cancer. He was 75. B...
|JANUARY 25, 2018|
- Russia's Novak sees 2018 global oil industry investment rising 10% on year
Global investment in the oil and gas industry will accelerate growth to 10% this year, as the industry recovers from several years of underinvestment, Russian Energy Minister Alexander Novak told Russia 24 state TV channel late Wednesday.
- Crude pares increases after dollar jumps on Trump comments
Crude futures fell Thursday when the US Dollar Index bounced off a three-year low and into positive territory after President Donald Trump said that the dollar should strengthen.
- Gunvor mulls upgrade options at Rotterdam to meet IMO requirements
Swiss commodity trader Gunvor is looking at various options for its refinery in Rotterdam aimed at meeting the International Maritime Organization's requirements for low sulfur marine fuel from 2020, the company said Thursday, adding that it hasn't made any decision yet.
- High water levels continue to restrict shipping on Rhine
Shipping on some sections of the Rhine continues to be interrupted, with closures on the river Thursday between Karlsruhe and Koblenz, according to the high water registration service in Germany.
- Varo Energy announces bunker biofuel collaboration with GoodFuels at Rotterdam
Fuel supplier Varo Energy announced a collaboration Thursday between its subsidiary Reinplus Fiwado Bunker and Goodfuels Marine, to produce sustainable marine fuels at Rotterdam, The Netherlands.
- Iraq drops plans for integrated Nassiriya oil field project
Iraq's National Investment Commission is promoting nearly a dozen oil sector projects for investors ahead of a presentation at a donor and investor reconstruction summit in Kuwait next month.
- Fuel oil traders lose interest in renewing ARA storage on backwardation
Backwardation in the fuel oil and crude oil market has soured storage economics and led to more than one trading house not renewing their Rotterdam tank leases managed by Dutch operator Vopak.
- TRADER NOTE: Bunker trader Peter Beelenkamp leaves SK Energy, Rotterdam
Senior bunker trader Peter Beelenkamp has left South Korean petroleum producer SK Energy in Rotterdam, sources close to the company said.
- External: Wired Bunkering
- Brent/Dubai EFS nears $4/b as global oil complex rallies
"Crude and product draws are impressive, and margins are okay considering the flat price," an oil trader said.
- Kuwait signs deal with Hyundai Heavy Industries for three new LPG tankers
The $213.36 million contract is the fourth phase of tanker expansion for KPC.
- FUTURES: Oil continues its climb on OPEC comments, US stock draw
Everybody is focused on staying the course in 2018, Falih said at the World Economic Forum in Davos.
- FACTBOX: Comparison of IEA, EIA, OPEC oil market forecasts
The IEA issued a bearish report in January.