|JUNE 26, 2018|
- CMA CGM's founder Jacques R Saade passes away
- HK box volume slides 5.4pc yoy in May
- Prince Rupert plans to raise capacity by 33pc to 1.8 million TEU
- Carriers seek ways to reduce impact of rising bunker fuel costs
- European shippers slam bunker surcharges as 'unjustified'
- Mombasa port handles 10 box ships in 1st week of June, 2 more than previous week
- Quarter-century old UK Customs computer system to be replaced
- Swiss WorldCargo's pharma network grows to 36 accredited stations
- Alaska Air Cargo looking to reduce cargo retrieval time at Seattle hub
- Terror alert prompts US to tighten air freight security
|JUNE 25, 2018|
- 2M alliance makes changes in Transpacific trade
- Breakbulk Europe soars to new attendance record
- CMA CGM enhances product connecting Asia to Kenya & neighbouring countries
- Jacques R. Saadé, Founding President of CMA CGM Group, leaves behind an illustrious legacy
- MOL in exclusive discussions to supply FSRU unit for Hong Kong Offshore LNG Terminal Project
- Oosterhout Container Terminal joins West-Brabant corridor to facilitate Rotterdam port
- SCFI spot rates down
- MPT Chairman gets extension
- GatewayRail hands over new floor to Customs
- GST to bring about significant increase in warehousing space, says report
- Central Asia & Eastern Europe seen as the next frontiers for investment for Indian business
- Latest technological trends & the impact of digitalisation to be key points of deliberation at South East CEO Conclave 2018 on June 29 in Chennai
|JUNE 26, 2018|
- VDV calls for faster implementation in Germany
- Building a second multicube
- List of EU ship-recycling facilities to be extended?
- CMA CGM founder Jacques Saadé passes away
- Big batch of locomotives for US railroad
- Eva Air Cargo stays with Menzies at SFO airport
- CN investing in the long haul
- Gefco launches innovation factory
- Bonds for new ship channel in Corpus Christi
- Silk Way West flying emergency relief to Iraq
- A switch in Hamburg
- Starting a platooning test run
- Gebrüder Weiss expanding in Kärnten
- New terminal for the port of Cork
- ACI Europe - old and new president
- Shanghai pushing for fifth runway for Pudong
|JUNE 25, 2018|
- IMO's Day of the Seafarer brings hive of activity on crew wellbeing
- New president and expanded container terminal announced for Port of Prince Rupert
- Pacific Basin raises USD325 million in vessel refinancing
- OPEC deal to provide limited boost to tanker markets
- Crew fatigue: Survey highlights ongoing challenges
- Female seafarers less happy than male counterparts
- MOL likely to win Hong Kong FSRU contract
- Wisdom Marine fleet grows with Kamsarmax order
- Lloyd's looks to get tough with marine pricing
- Evergreen opts for scrubbers on newbuildings
- Yang Ming looks to add more ASEAN port assets
- Shipping industry leads in 'Internet of Things' adoption
|JUNE 25, 2018|
- Fewer flight delays for freighters, but 'meltdown' may be approaching
- Melbourne set to benefit as box carriers increase vessel capacity on ex-Asia routes
- Things looking brighter for Danaos with 'stunning' refinance deal and market uptick
- Stobart's ousted boss has bold plan to re-merge split operator into £1.6bn giant
- CMA CGM mourns as founder Jacques Saade dies at 81
- How the logistics sector is changing, and why the UPS strike was unlikely
|JUNE 25, 2018|
- America's first hydrogen fuel cell vessel set to start construction
- First RApport 1600-SX harbor tug completes trials
- USCG warns of dangers of illegal charter operations
- CMA CGM Group mourns passing of Jacques R. Saadé
- ABB to supply power and propulsion packages for Virgin Voyages trio
- World Fuel Services upgrades Falmouth, U.K., location
- Vard wins contract to build three Norwegian Coast Guard vessels
|JUNE 25, 2018|
- South Korea formally assumes IGU's presidency
Assumption of presidency marks the beginning of largest gas industry event
- Scorpio Tankers in fourth sale-and-leaseback deal
Four product tankers will be leasedback under a bareboat charter for seven years, with future purchase options
- It is Seafarers' Day, it is investment day
A hi-tech ship with a substandard crew is likely to carry more risk than a standard ship with a top-notch...
- Temile enters LPG shipping on NLNG charter
Offshore player believes the deal will prompt more Nigerian interest in liquefied petroleum gas
- ICS calls for EU states to avoid deaths at sea following Italy's latest migrant snub
Shipowners' group calls on European states to develop a long-term co-ordinated strategy that addresses migration by sea
- US to develop first hydrogen-powered ferry
California Air Resources Board issues $3m grant for first US-produced hydrogen ferry
- JP Morgan drops estimate for 2020 scrubber use
Diesel cracks are expected to rise by $13 per barrel come 2020, while fuel oil cracks could decline by $39...
- WFS readies Falmouth for 2020 sulphur cap
Bunkering provider adds Rix Shipping tanker that can separate fuel oil into distinct grades
- Pacific Basin secures $325m facility with 50 ships
Dry bulk owner puts up 50 vessels as security for the credit facility
- Underwriters ready for 'No Deal' Brexit
Brexit Contract Continuation Clause enables UK insurers to continue to do business with EU counterparts if the UK has to...
- MOL to deploy FSRU for Hong Kong LNG terminal
A final agreement for the supply of the FSRU is being developed, says MOL
- Trade war threatens fragile recovery on transatlantic trade
Larger ships on north Atlantic routes threaten to add more capacity than required
- Saadé stamped his personality on to container shipping in a remarkable way
Jacques Saadé leaves a legacy of achievement that has been passed on to his children
- OSM launches seafarer mental health campaign
Campaign to highlight seafarer fatigue, being away from home, stress, bullying and sexual harassment
- Daily Briefing
Opec and its allies to boost oil output | Alafouzos family launch tanker fundraiser | 'E-commerce can reshape container shipping'...
- Celebrating seafarers
Connectivity with family and home remained a key point for serving seafarers
- Bunker oil spill after tanker collision in Rotterdam
Vessel carried no cargo when the incident happened, and was safely moored at the Botlek terminal
- Jacques Saadé, CMA CGM founding president, dies at 81
Mr Saadé dedicated his life to CMA CGM, the French carrier said
|JUNE 25, 2018|
- Lack of coastal strategy challenges Canadian Eastern port development
- Container lines double down on tracking tech
- Chittagong shippers captive to worsening port congestion
- Tariffs just the precursor regarding US ag exporters' pain
- Logistics industry fed up with lack of post-Brexit plan
|JUNE 25, 2018|
- Lloyd's Register to class Coral South FLNG
Classification society plans to deepen involvement in $11bn gas project offshore of Africa.
- Pan Ocean seeks $7.25m from Clearlake
South Korean shipowner sues subsidiary of Geneva commodities trader Gunvor Group for breach of contract involving shipment of clean petroleum.
- Carnival shares fall on conservative outlook
Arnold Donald-led cruise major expects third-quarter revenue yields to gain less than 3% compared to a year ago.
- Diamantidis swoops in on five ex-Toisa ships
Greek owner biggest buyer so far of bankrupt Toisa fleet
- Trump and China tariffs reach 1% of seaborne trade
Clarksons Research says figure is "not insignificant" but "relatively limited".
- NOC limits fire damage to two tanks
Libyan teams extinguish blaze at Ras Lanuf following militia attack.
- Opec move spurs tanker stocks, sentiment and rates
Analysts welcome additional oil but some feel red ink will run for a while longer.
- Carnival beats estimates on higher earnings
Miami-based cruise major posts 'record revenues' as it creates higher demand for cruising.
- SevenSeas Investment Fund teams with Esteve family
Geneva-based Banque Heritage to place shares of Tsirigakis-led investment fund with its clients
- VIDEO: two ships scuttled off Florida
Cargoship caught in drugs bust and tug become artificial reefs.
- OSM unveils seafarer mental health scheme
OSM has launched a campaign to improve the mental health of its 11,000 crew members. Launched on the Day of the Seafarer the scheme will run across the more than 500 ships under the company's management. Geir Sekkesaeter, chief executive of OSM, said: "This is a global issue and should be a matter of utmost concern for our industry. "Being on-board vessels for long periods of time, separated fr
- Temile enters LPG market with Nigeria LNG contract
Shipowner books newbuild at Hyundai Mipo Dockyard backed by long-term employment
- Pavimar adds kamsarmax from Toisa fleet
Expanding, opportunistic Greek owner confirms purchase of former Callimanopulos bulker.
- Scorpio Tankers' leaseback total hits 21 ships
Sale deals for two MRs and two LR2s continue spree of refinancing transactions.
- Stena and Teekay target disposal of shuttle tanker duo
Pair of 2001-built vessels become sales candidates after coming off Petrobras charters
- Maersk Tankers pitches new slow-steaming plan
Danish owner looks to slow laden leg as it tackles worst product market in a decade.
- Marijuana hidden in MSC ship's sea chest
Crew alerted authorities after finding 57kg of drugs while in Mexico.
- SeaBird sending ship to US Gulf
Norwegian owner wins seismic survey contract in third quarter.
- Briggs Marine secures BP contract
UK contractor providing rescue services in Caspian Sea over three years.
- Pacific Basin Shipping nets $325m refinancing
Fresh debt covers more than 50 vessels and introduces four new banks to the company.
- WFS brings in Rix Shipping bunker tanker
Supplier preparing for 2020 with new ship at Falmouth, UK.
- Maersk boxship rescues 113 migrants
Danish vessel comes to the aid of distressed group off southern Italy.
- Vard inks in $616m Norwegian coastguard deal
Fincantieri-controlled Vard has finalized a NOK 5bn ($616m) contract with Norway for three coastguard vessels. Vard won the tender for the vessels last year and the Norwegian Parliament signed off on the ships earlier this month, allowing negotiations to be concluded. The 136-meter-long ships, for search-and-rescue operations, surveillance, and oil recovery, have been designed to work in harsh e
- Icon Capital sale shows firming bulker values
Supramax ships sold with assistance of US owner fetch $23m as a pair.
- Korean owners strike scrubber deal with KDB, Posco
Lender will provide retro-fitting loans for 20 ships on charter to steel maker.
- MOL confirms Hong Kong FSRU deal
Japanese owner signs agreement to supply Q-Max for offshore terminal project.
- Wisdom Marine returns to Japan for kamsarmax
Taiwanese owner now has series of three sister ships on order at Japan Marine United.
- Echostar builds stake in satellite operator Inmarsat
US-listed comp any has until 6 July to make a firm offer or walk away under UK takeover rules.
- Odfjell tanker spills bunkers in Rotterdam following collision
Shipowner will work with Gard and Dutch authorities to mitigate consequences of casualty.
- Jacques Saade dead at 81
Founder of CMA CGM dies just months short of 40th anniversary of group's founding.
|JUNE 25, 2018|
- Kodak wants to use foreign materials in Oklahoma
Eastman Kodak Co. has submitted a notification of proposed production activity to the Foreign-Trade Zones Board for its facility in Weather...
- Six men threat to 'security or stability of Libya'
The Treasury Department's Office of Foreign Assets Control (OFAC) has published the names of six men who have been placed on the Specially ...
- OFAC adds entities to blocked list
The Office of Foreign Assets Control (OFAC) has placed several entities on the Specially Designated Nationals and Blocked Persons List for ...
- Chinese media amps up rhetoric in U.S. trade battle
Official Chinese media is amping up its rhetoric in the country's brewing trade battle with the United States. The state-owned newspaper t...
- U.S. dumping duties set for polyester fiber imports
The Commerce Department has determined the level of antidumping duties that it will set for imports of low-melt polyester staple fiber from...
- EU adopts retaliatory tariffs on U.S. exports
The European Union on Friday officially adopted a long list of duties on goods produced in the United States in response to the Trump admin...
- Fulcrum acquires Canada's National Logistics Services
The private equity firm Fulcrum Capital Partners said it has acquired National Logistics Services, a Mississaugua, Ontario-headquartered lo...
- OFAC cites corruption, human rights violations
The Department of Treasury's Office of Foreign Assets Control (OFAC) has published the names of two men who have been placed on its Special...
|JUNE 25, 2018|
- FUTURES 5: ICE Brent/WTI spread narrows further on Syncrude closure
- INTERVIEW: Ardmore Shipping banks on gasoil for IMO compliance in 2020
"We'll have an initial MGO/MDO strategy until we understand things better."
- INTERVIEW: BW LPG aims to convert 19 VLGCs to use LPG as bunker fuel
Potentially huge cost savings in thousands of dollars per day by using LPG compared to compliant fuel.
- Bunker spill at Rotterdam after Odfjell tanker hits jetty
- FUEL FOR THOUGHT: OPEC has no answer for its spare capacity problem
Keeping a lid on oil prices will briefly appease critics, but won't help Riyadh and its allies invest in their reservoirs long term.
- ISO developing standard for methyl/ethyl alcohol as bunker fuel: IBIA
The development of the standard comes as the IMO 2020 rule looms.
- FUTURES: Brent plunges as market looks ahead to supply increase
"Markets are recalibrating the OPEC meeting results post the initial price reaction, but overall sentiment still remains bullish," an analyst said.