|JUNE 27, 2018|
- MOL captures deal for HK offshore LNG terminal project
- CMA CGM boosts Asea Kenya service with direct China-Mombasa link
- HMM denies scrapping 2M vessel sharing agreement with Maersk and MSC
- US President's trade war could get out of control, but don't panic yet
- Hutchison's new terminal at Laem Chabang facilitates bigger ship calls
- ONE enters into UK intermodal rail agreement with Freightliner
- CN invests US$28m to upgrade its rail network in New Brunswick, Canada
- Changi's air cargo volume edges up 1.8pc in May
- Airport group slams Europe's slot allocation system
- American Airlines moves priceless Spanish artwork to San Antonio, US
- Australia's WiseTech buys Canadian customs Fenix software firm
|JUNE 26, 2018|
- Allcargo conferred with the coveted AaEO status by Central Board of Indirect Taxes
- European shippers express concern about Emergency Bunker Surcharge
- Fertilisers freed from cabotage restrictions
- IMO focusing on women in maritime sector
- The new sunshine sectors of India's SEZs
- Chemical Process Equipments with support from Sparxx Maritime & Logistics & JN Port ship out India's largest FRP vessels from JN Port's shallow berth
- Cochin Port gets a new Chairperson
- Railways mulling turning goods sheds into freight terminals
- India to look forward for investments in 9 more projects from Asian Infrastructure Investment Bank (AIIB), says Piyush Goyal
- Senior Customs officials to interact with the trade at South East CEO Conclave 2018 on June 29 in Chennai
|JUNE 27, 2018|
- Increasing railway speeds in Minnesota
- Longer freight trains welcomed
- Prologis completes sale in Germany
- Interim CEO for ALC
- Turkish Cargo flies big animals out of Africa
- Wider representation of maritime interests in IMO?
- Three new engines rejuvenate EGS rolling stock
- Wincanton to support nuclear power station construction
- A Chinese-Japanese-Korean triangle
- New infrastructure manager for port of Gothenburg
- New contract leads to significant CO2 reductions
- Spain selects secretary general of transport
- Descartes acquires US tracking solution provider
- New rotation for Asaf service
- K+N opens integrated logistics control centre
- UK Parliament backs Heathrow expansion
|JUNE 26, 2018|
- Shipowners face structural economic challenges
- Shipowners should consider slower engines, P&I club urges
- Jacques R Saadé: celebrating a container shipping giant
- Merchant shipping caught in the migrant-crisis crossfire
- BoComm Leasing acquires Supramax quintet from Ahrenkiel
- Latin American ports undergoing rapid growth, says APM Terminals regional head
- Bunker sales sparked by canal expansion
- Korea Shipping Corporation books coal carrier pair at Dae Sun
|JUNE 26, 2018|
- Boeing eyes 777 conversions as widebody freighter availability tightens
- Transport industry frustration growing at lack of UK progress on Brexit
- Local forwarders must diversify as trade boom attracts global 3PLs to Vietnam
- Atlantic Container Line reinforces its faith in scrubbers to comply with new fuel rules
- Comment: supply chain pain at Felixstowe as ambitious IT switch crashes
- I delivered packages for Amazon and it was a nightmare
- Heathrow: MPs vote in favour of airport expansion
|JUNE 26, 2018|
- Saudi Arabian OSV operator implements ABS NS software fleet wide
- Virginia backs Newport News Shipbuilding's 7,000 job hiring initiative
- Total and Pavilion move ahead on Singapore LNG bunkering
- El Faro safety legislation to be marked up by House Committee
- BW LPG writes Dorian LPG Board, but doesn't sweeten merger pot
- MAN D&T rebrands as MAN Energy Solutions
- Grimaldi adds connectivity to PureSOx scrubbers in five ACL ships
- Deltamarin to provide concept design for hybrid mega yacht
|JUNE 26, 2018|
- EU investment in LNG bunkering 'could increase emissions'
The $500m of private and public investments has yielded few environmental results, UMAS found
- Nordic American Tankers sells more suezmaxes
Company has now sold eight vessels for a total contribution of $80m
- IEA expects 20% growth in global LNG trade by 2023
Promising industry needs to focus on price competitiveness and reduction of methane emissions, says executive director Fatih Birol
- French shipowners join tributes to Saadé
Jacques R. Saadé dedicated his life to CMA CGM. A true visionary and unique entrepreneur, he made his business a...
- Star Bulk predicted to benefit most from 2020 sulphur rules
Star Bulk 's free cashflow should be positive for freight rates because of the low-sulphur regulations, which take effect from ...
- Australia is bullish on IMO reform proposal
The Pacific country expects its proposal to make the IMO more transparent will be welcomed by fellow member states at...
- Lloyd Fonds sets out plan to reposition business
Move implies shipping activities will be placed on back burner
- Yang appointed as CSSC general manager
Appointment follows a series of top management changes in China's state-owned shipbuilding sector
- American Club marks centenary with return to surplus
Gourdomichalis and Bondurant elected new chairman and deputy chairman
- BW LPG sends open letter to Dorian to revive merger offer
BW letter says that 'we have engaged with a significant percentage of Dorian's shareholder base and their response to the proposed...
- Georgia and South Carolina chassis pool aims to cut costs
Efficient, modern fleet sought to deal with increasing container volumes in the US southeast
- Vinalines privatisation plan gets green light
All assets will be transferred to a new joint stock company named Vietnam Maritime Corporation (VIMC).
- Italy accepts rescued migrants from Maersk boxship
World Shipping Council adds voice to calls for clarity over Solas obligations
- Sovcomflot cautious on LNG shipping despite bullish outlook
Russian carrier wants to be 'a service provider rather than an asset player' in the booming LNG trade
- Daily Briefing
Saadé stamped his personality on to container shipping | CMA CGM founding president dies at 81| It is Seafarers' Day...
- South Korea to boost offshore wind power capacity
In short term, the government will support installation of 500 MW-class wind turbines along the coast
|JUNE 26, 2018|
- BCOs, truckers hope PierPass 2.0 delay will produce more gate equity
- ELDs fuel efforts to change US trucking work rules
- Reporter's Notebook: ELD violations fall amid effort to simplify US ag truck rules
- India pushes east coast ports to seek transhipment business
- LA-LB port complex confident it's chassis-ready for peak season
|JUNE 26, 2018|
- American Club's 101st meeting marked at New York celebration
The American Club held its annual dinner in celebration of its 101st meeting in the Rainbow Room atop New York City's 30 Rockefeller Plaza. The event last week attracted 230 club members, lawyers and insurance brokers, and included a speech by club chief executive Joseph Hughes recalling wartime UK prime minister Winston Churchill. The night also featured American Club president Vincent Solarin
- Norwegian investor adds voice to VLGC takeover drama
Sissener understands Dorian's rejection but calls for board to negotiate with BW LPG on $1.1bn takeover offer.
- Port Arthur LNG signs offtake deal with PGN
Polish energy marketer will need shipping as it locks up cargoes from as-yet unbuilt US LNG plant.
- Nova Marine Carriers in 18 ship newbuilding deal
Chinese shipyard nets newbuilding orders worth $150m from Swiss-Italian company
- TOTE sees favourable pricing for LNG bunkers
Natural gas costs currently favour LNG bunkering as penetration of fuel increases.
- 'Visionary creator' Saade was a 'survivor'
Tributes pour in for CMA CGM founder Jacques Saade who has died aged 81.
- Total and Pavilion hook up on LNG bunkering
New partners to develop supply chain for Singapore using specialised vessel newbuilding.
- Northern Drilling looks for full Oslo listing
John Fredriksen's Northern Drilling is looking to take up a full listing on the Oslo Stock Exchange. It is presently trading on the Oslo Axess. In May the company raised $250m from a private placement working with DNB Markets, ABN AMRO Bank, Arctic Securities, Fearnley Securities and Pareto Securities.
- Trafigura to buy Freeport LNG cargoes over three years
Trader will take 0.5m tonnes per year from US on FOB basis.
- Okeanis Eco Tankers nets $100m ahead of listing
Stock in Alafouzos family backed shipowning vehicle set to begin trading as early as next week.
- Legal bid to remove Rena from reef fails
Wreck of boxship to stay in place after challenge dismissed in New Zealand.
- VIDEO: Buss boxship grounds on breakwater
German ship refloated by tugs at Torshavn in the Faroe Islands.
- Nordic American Tankers takes sales tally to eight
Three more veteran vessels have been sold from the fleet of Herbjorn Hansson-led company.
- Genco shows GoodBulk how to get a deal done on Wall Street
IPO pricing will be key for Radziwill as New York begins to trust the idea of a dry bulk recovery
- ITIC defends shipmanager against negligence claim
Allegation refuted by insurer after loss of lifeboat in Japan.
- Maersk chairman insists new strategy will succeed
AP Moller-Maersk chairman Jim Hagemann Snabe has defended the company's strategic shift from a shipping and energy conglomerate into a container and logistics specialist. The Danish giant has faced questions on the decision from some investors, fueled in part by a recovery in the oil businesses which are being sold. Skou setting up AP Moller as FedEx of box logistics In an interview with Borsen
- Empire scores 75% profit on supramax sale
Greek shipowner Empire Bulkers has scored a profit of more than 75% on the sale of a 15-year-old supramax that it bought two years ago. Shipbrokers said the Stamatis Molaris-led company sold the 53,000-dwt bulker Mastro Nikolas (built 2003) to an undisclosed buyer for $9.5m. Empire trims bulker fleet again with sale Empire did not respond to a request for comments. The company purchased the
- Migrants allowed to leave Maersk boxship
108 people disembark Alexander Maersk in Sicilian port.
- Ahrenkiel Steamship lines up supramax leasing deal
Bocomm Leasing said to have paid in the region of $55m for German owner's supramax stable.
- UCL questions benefits of LNG shipping drive
Study says $500m EU spend is a climate "dead-end"; non-fossil fuels must be used.
- Super Eco to pick up $8.6m for ageing unit
Greek product tanker owner Super Eco Tankers Management is selling one of its vintage units. Brokers said the Piraeus-based company has sold the 37,000-dwt Nicos Tomasos (built 2003) to an undisclosed buyer for $8.6m. Interorient tanker sale shows softening of asset values The company is known for its well-maintained fleet. The Hyundai Mipo Dockyard (HMD)-built vessel fetched a similar price t
- Fjord1 drives record result for Havila Holding
Saevik family company banks strong profit despite offshore sector struggles.
- AHTS rates more than double as Norway sells out
Owners secure $58,000 per day in North Sea as spot tonnage tied up.
- Les Dick pleads not guilty to animal cruelty
Australian CEO and his company LD Shipping charged over cattle deaths.
- Artemis Investment tops up Borr Drilling stake
UK fund Artemis Investment Management has topped up its stake in Tor Olav Troim's Borr Drilling. Borr Drilling banks $350m as growth phase nears end It bought a bundle of 21,987 shares yesterday, to take its holding back to 5% of the company. Overall, Artemis has 26,632,110 shares in the jack-up rig specialist, worth NOK 1.03bn ($127.20m). Borr started with the purchase of two Hercules Offshor
- Songa sets up dividend as Star deal nears finishing line
A $151m payout to investors on the way as completion date and Star's Oslo listing set.
- BW LPG calls Dorian board to the negotiating table
Executives file second open letter a couple of weeks after takeover offer was rejected.
- Dof Subsea ties up OSV duo
Norwegian owner secures several contracts in Atlantic region.
- Skangas supplies its first LBG to tanker
Swedish company provides biogas bunkers to Furetank vessel.
- Liquidators move in at Titan parent's unit
Hong Kong yard group to keep shareholders informed of state of Guangdong Zhenrong Energy (HK).
- HFW: no time for complacency on Ebola
Law firm advises amending of Bimco clauses for vessels calling in affected areas.
- Korea Shipping Corp books coal carriers at Daesun
Self-unloading vessels ordered against long term charters from utility company.
- Hapag-Lloyd plans second transpacific GRI
Liner firm will have added $1,200 to cost of shipping container from Asia to the US since mid-June.
- Inmarsat takeover battle looks to be two-way fight
Eutelsat Communications latest company to express interest in maritime satellite company.
|JUNE 26, 2018|
- Nearly 300 groups support tariff authority check
A coalition of more than 270 national, state and local U.S. business groups on Tuesday sent a letter to the Senate in support of a bill by ...
- Funds available for marine highway projects
The Maritime Administration said it will award $6.79 million in grants for short sea shipping or marine highway projects....
- American Shipper blockchain webinar Thursday
Join American Shipper Research for a one-hour interactive discussion about the future of blockchain-enabled supply chains at 2 p.m. EDT Thu...
- Executive Moves: Hamburg Süd and Port of Hamburg
Hamburg Süd has promoted Felix Brückner to the position of assistant vice president of Area West Coast sales based in Long Beach, Calif., e...
- Spot container rates slide
Two of the primary indices for measuring spot rates in container shipping slipped last week compared with the previous week, but one also s...
- Two XPO workers killed at upstate New York facility
Two XPO Logistics employees were killed in an incident at the trucking and third-party logistics provider's facility in Lockport, N.Y., acc...
- 'PierPass 2.0' pushed back to fourth quarter
Container terminal operators in the Ports of Los Angeles and Long Beach now expect their revised PierPass OffPeak program will go into effe...
- Harley-Davidson shifting some production out of U.S.
Harley-Davidson will shift some production out of the United States to address the "substantial cost" of retaliatory EU tariffs imposed Jun...
- U.S. maritime academies graduate more than 1,600
The nation's seven maritime academies this year graduated more than 1,600 men and women who will join the ranks of the U.S. merchant marine...
|JUNE 26, 2018|
- Backlog at Rotterdam builds as clean-up after oil spill continues
Spill may take several weeks to clean up, sources said.
- INTERVIEW CORRECTION: BW LPG can convert 19 VLGCs to use LPG as bunker fuel
LPG is a viable marine fuel choice to meet the IMO 2020 rule.
- China-US trade spat to hit VLCC demand; Iran purchases to continue: Sinopec
Based on current crude prices, the proposed Chinese tariff will push up the cost of US crude oil delivered into China by as much as $18-$19/b.
- IBIA wants uniform approach to sulfur testing, reporting as IMO 2020 rule looms
IBIA's submisssion comes ahead of a key PPR inter-sessional working group taking place at the IMO in July.
- SUBSCRIBER NOTE: Platts proposes Panamax north Pacific dry bulk TCE assessment
The move would reflect the market's growing interest in these prices, effective August 1, 2018.
- Japan seeks to secure 'early' US exemption for Iran oil imports: source
"We will have to take certain measures if things move because the US wants to take [Iranian oil] to zero," Tsukioka said.
- World Fuel Services plans upgrade at Falmouth terminal ahead of IMO 2020
The move will include the introduction of a new 2,200 cu m cargo vessel, able to segregate up to five grades of fuel.
- TANKERS: Scorpio enters fourth sale/leaseback for extra $42 mil in liquidity
Scorpio will bareboat charter-in the vessels for seven years, with purchasing options for the tonnage beginning at the end of the third year of each leaseback agreement.