|SEPTEMBER 10, 2019|
- China exports decline 1pc in August against a 3.3pc increase in July
- Weak demand, falling rates leads to more cancelled Asia-Europe sailings
- US-China trade conflict could take years to resolve, says Kudlow
- Russians to build 17 icebreaking LNG tankers for Northern Sea Route
- Shanghai Shipping Exchange, CargoSmart create a new shipping index
- North American total rail traffic down 3.3pc as economy weakens
- Moody's sees US railways suffering 5.5pc revenue loss as coal use falls
- Sydney's Port Botany plans to double and automate on-dock rail capacity
- Plus.ai in joint venture with FAW Jiefang to develop self-driving trucks
- US probe says structural steel from Canada, China, Mexico was dumped
- UK authorities seize 1.3 tonnes of heroin at Felixstowe in Maersk box ship
- MarAd weighs social case versus efficiency plea in port automation ruling
- Another US trucking company announces closure in the worst year in five
- Boeing Max return faces delays over tiff between Europe-US regulators
- Emirates SkyCargo's new facilities enhance Dubai's cool chain reputation
- JetBlue joins Aeronex Cargo to launch US cargo services to Florida
- Cargo airlines prepare for demand spike in the event of hard Brexit
|SEPTEMBER 9, 2019|
- Challenging times for Indian rice exports - Potential new markets
- CMA CGM Group delivers solid operating performance & above-market growth in volumes in Q2 2019 despite uncertain worldwide geopolitical environment
- Directorate-General of Shipping celebrates 70th Foundation Day
- Indian Register of Shipping takes over Chairmanship of IACS
- Maersk & Koole Terminals to produce 0.5 pc sulphur marine fuel in Rotterdam
- India raises import duty on Malaysian refined palm oil
- India's export of value-added shrimp increasing after US tariffs on China
- Oilmeal exports show sharp drop in Aug.
- Chennai Port inks long-term agreement with KIA Motors for vehicle export
- Kattupalli Port handles first exclusive call of Hyundai Merchant Marine
- KoPT's Ideabox Challenge generates good response
- VPT achieves impressive throughput among Major Ports during April-July 2019
- CONCOR flags off movement of ex-im containers between Kattupalli Port & ICD Whitefield, Bengaluru via ICD Tondiarpet, Chennai
- Trucking fleet operators' revenues & ability to repay loans seen reducing due to slowdown
- GDP growth estimated at 6.3 pc in FY20
- Govt expected to announce measures to boost subdued exports
|SEPTEMBER 10, 2019|
- Alabama short line changes ownership
- Maritime Group takes space at iPort
- More maindeck capacity for Middle Eastern carrier
- New train runs from Southampton to Manchester
- Maritime coordinator receives port award
- Tancarville at Le Havre makes a leap forward
- How to develop Britain's maritime business
- Plastic instead of wood
- Estonian rail carrier further raises its profit
- Bombardier Transportation appoints John Saabas
- Cool in Copenhagen and Paris
- Panattoni is building a new hub in Essen
- "Curiosity of the Day"
- Speeding up intermodal transport through Vladivostok
- Indian chairman for IACS
- Latam Cargo gives wings to Brazilian bears
- New crane for the Netherlands
|SEPTEMBER 9, 2019|
- 'World first' for Sinotrans with launch of online air freight booking platform
- FMC set to review 'costly and unfair' demurrage and detention fees
- CMA CGM opts for 'market share over profit' in second quarter
- Cargo logjam certain as two-day BA pilot strike begins
- Post-Brexit VAT on overseas parcels would be a 'no-deal stealth tax'
- Menzies Aviation strengthens cargo team with two major appointments
- On the wires: CMA CGM - there is one scary number on its balance sheet...
- M&A radar: DSV Pan's new look already done in Americas, next up Asia, Europe
|SEPTEMBER 9, 2019|
- USCG makes plans to free four trapped in capsized car carrier
At approximately 1 p.m., Monday, it was confirmed the remaining four crew members were still alive inside the capsized car carrier Golden Ray and an extraction plan is being developed to safely
- High water levels bring new Seaway safety measures
The Saint Lawrence Seaway Development Corporation reports that, this summer, the water levels on Lake Ontario and the St. Lawrence River again rose above the record high for this time of year
- Trinity House launches vessel replacement project
Trinity House, one of three General Lighthouse Authorities serving the U.K. and Ireland, has launched a vessel replacement project to commission the design and build of a vessel to replace its support
- Wake Media names Gavin Lipsith new Head of Content
London-based business-to-business maritime and offshore media specialist Wake Media has appointed Gavin Lipsith as its new Head of Content. Lipsith is a veteran journalist and former editor of marine technology titles The
- London International Shipping Week kicks off
London International Shipping Week 2019 (LISW19) got off to a flying start this morning as Lord Mountevans, Chairman of the LISW19 Board of Advisors; Nusrat Ghani MP, Minister for Maritime and IMO
|SEPTEMBER 9, 2019|
- The Lloyd's List Transparency in Shipping Forum - Listen Live
Insurance, legal, security and technology experts converged on London to discuss why transparency is potentially a double-edged sword for shipping...
- Jurisprudence impacts marine insurance rulings, argues QC
Some judges stick to the letter of Institute Clause wordings while others take the wider context into account, according to...
- The Lloyd's List Podcast: LISW Day 1 - Red flags in a sea of transparency
In the first of a daily series of London International Shipping Week Podcasts, Lloyd's List Editor Richard Meade dissects the...
- Freeport plans still face hurdles
UK needs to remove itself from any customs arrangements with the European Union before freeports can become a meaningful option
- Blockchain: Believe the hype
Shipping may take longer to get to grips with blockchain than comparable sectors but the impact will be equally profound...
- Shipyards losing race to retrofit scrubbers
Some 86 tankers have entered dry dock for retrofitting scrubbers so far in 2019, acording to Alphatanker, compared with 153...
- When blowing up a suezmax is not necessarily a malicious act
There is wide scope for interpreting Institute Clauses and war risk cover wording, argues Ruth Hosking of Quadrant Chambers
- IMO decarbonisation targets are a priority, conference told
Reaching a minimum 50% reduction in greenhouse gas emissions by 2050 will require drastic changes taken much sooner
- States must do more on sanctions compliance
A panel during the Lloyd's List Transparency Forum in London addressed the ambiguity of sanctions and the role of developing...
- Cosco Shipping names long-awaited new president
Fu Gangfeng has a background in accounting and has had a long career at CMG and several of its subsidiaries
- HHI seals $191m LNG carrier order from compatriot H-Line
The yard claims to have clinched more than half of the total number of global LNG carrier orders so far
- Refineries ramp up production runs and upgrades ahead of IMO 2020
Some $1bn in investment has gone to just upgrading refineries to meet the expected demand for oil-based fuels complying with...
- China Merchants Port to enter feeder market through Antong bailout
A new joint venture, China Merchants Antong Logistics Management Company, will be established and will help the Chinese port company...
- Daily Briefing
Free to read: London calling: Forget the Brexit bluster, let's focus on the international itinerary | The Lloyd's List Podcast:...
- Maritime London calls for 'shipping czar'
'Changing trade patterns, new vessel types, digital technologies and green solutions all offer us the opportunity to grow our market...
- Optimistic start as UK Freeports Advisory Panel holds first meeting
A wide range of potential areas of focus was discussed, such as how freeports could specifically benefit local economies and...
- Lloyd's List forum to focus on smart ports in the SAMEA region
Join two panels of experts at the Lloyd's List Smart Ports Forum, to be held in Dubai on November 20...
- MISC does not see 'big shift' due to IMO 2020
Parent company Petronas is also gearing up for IMO 2020 by preparing facilities to supply liquefied natural gas as a...
- Four missing after ship capsizes off US coast
Golden Ray, under the Marshall Islands flag, was bound for Baltimore with a cargo of cars, according to Lloyd's List Intelligence, which identified Hyundai Glovis as the...
|SEPTEMBER 9, 2019|
- NY-NJ promotes block stowage to increase port rail flow
- Tech providers seen missing shipper needs
- Amazon acquires branded intermodal containers
- India's Concor extends coastal reach to Bangladesh
- Performance crimps Mexico intermodal growth
- Uber Freight moving headquarters to Chicago
- VC funds fuel logistics innovation, but fail to disrupt
|SEPTEMBER 9, 2019|
- Grand Bahama Shipyard to be 'up and running' this week
The yard, owned by Carnival Corp and Royal Caribbean Cruises, closed for days in Hurricane Dorian aftermath
- Stopford: Ship carbon output should be part of charter contract
Shipping economist was speaking today during WISTA panel at London International Shipping Week
- Hoegh Autoliners CEO to leave after heavy losses
Hoegh Autoliners' chief executive and chief financial officer are leaving the company after heftly losses in the privately owned company. CEO Ivar Hansson Myklebust has been replaced by the Oslo-based company's by Hoegh group veteran Thor Jorgen Guttormsen. CFO Ingrid-Due Gundersen is also leaving the company. Chairman Leif O Hoegh said there is no secret that Hoegh Autolines has had poor results
- Shareholders to consider DryShips plan to go private
Special meeting set for early October
- Concordia Maritime receives $5m IMOIIMAX windfall
Concordia Maritime has received a payment of $5m related to two of its IMOIIMAX tankers. Concordia Maritime loss narrows in second quarter The windfall is based on the cooperation between Stena Bulk and the Swedish tanker owner. "Concordia Maritime was the driving force behind the IMOIIMAX concept initiative and the payment is a consequence of the commercial successes of the IMOIIMAX fleet si
- Geopolitical problem 'worse and worse' for shipmanagers
Delegates at InterManager conference wrestle with problems of US sanctions
- LNG prepares to debut in its first floating power project
One business model could offer a second life to older vessels as their trading days come to an end
- Cocaine seized from UBC cargoship in Mexico
Authorities find what they believe is 49kg of drug on UBC Tokyo in Altamira
- Seaspan snaps up boxship for ONE charter
New York-listed owner is chartering 9,600-teu vessel to Japanese group for three years.
- Nicolas Saverys on 'fantastic gas' and Exmar's inhouse 'mini Rolls-Royces'
Exmar will remain a logistics provider and should not stray into the product whether it is LPG or LNG, chairman and managing director Nicolas Saverys believes. The exception might be, for example, a move to deliver floating power, but only at a customer's request, he says. "We are bringing added value to the product. But we stay in logistics." He is concerned about shipping's reputation, even fo
- Stena Impero could be free 'within days'
Iran says necessary steps to release Stena tanker are underway.
- Japan, France may join US-led tanker defence group
Meanwhile, Iran begins enriching uranium
- German tanker players forge new alliances to finance fleet renewal
Cautious market optimism marks new era of funding for companies hit by the financial crash and collapse of KG (limited partnership) structures
- Norden appoints Rojel to meet decarbonisation targets
Danish owner creates dedicated role to push for CO2-neutral transport.
- Pioneering spirit of LNG is alive and well at Exmar
Chief executive Nicolas Saverys talks inspirational figures, his future and reveals the company's next quest in FLNG
- H-Line renewing LNG carrier fleet at Hyundai
South Korean owner agrees $191m deal for vessel at domestic yard.
- Shipping investor Frederik Mohn quits Dof board
Norwegian resigns as director two years after selling out of OSV company.
- PwC reveals blueprint to boost $6bn London maritime sector
A new report by PriceWaterhouseCoopers has come up with 36 ways in which London can grow its maritime services offering. Shipping's myriad challenges to fuel London debate, Paddy Rodgers says London-based marine insurance, shipbroking, legal, finance and classification industries are worth $6bn to the UK economy each year, in a global market estimated to be worth $20bn. The 'Catching the Wave'
- Hafnia Tankers aims for IMO's 2030 and 2050 emissions targets
BW's product tanker arm has begun to study a means of cutting emissions from its owned fleet while preparing for IMO 2020
- V.Group scoops 93-ship ADNOC crewing deal
Shipmanager signs contract with Abu Dhabi owner for its offshore fleet.
- Oshima chases 30-bulker order target
Japanese yard determined to fill its orderbook three years ahead
- Klaveness boss calls for funding scheme to boost CO2 reduction
Lasse Kristoffersen says carbon pricing will be required if the IMO is to achieve its greenhouse gas reduction goals
- Shipowners grapple with the big questions facing LNG shipping
Established giant MOL, emerging player Flex LNG and new entrants Capital Gas and Celsius Shipping give their views
- Iran seizes tug and 12 Filipino crew
Vessel was held in Persian Gulf over alleged fuel smuggling.
- Resilient Transworld Singapore reflects on 20 years in shipping
Transworld Singapore celebrates the milestone and details how earlier hardships turned into successes
- Two crew stabbed to death on aframax
Police investigating possible double murder on Carlini ship.
- Rising costs send Exmar into the red
Belgian gas carrier owner hit by bigger operating and depreciation expenses in first half
- Iran says hunted VLCC has offloaded crude cargo
Adrian Darya 1 believed to have discharged in Syria in contravention of EU sanctions.
- CMA CGM ekes out small profit in second quarter
French liner giant says cost cutting effort has trimmed operational expenses by $51 per TEU
- DFDS and Moby agree ro-pax ferry swap deal
Danish operator says ship additions will boost freight capacity between UK and Holland by 40%
- Oldendorff charters second Castor Maritime panamax
Petros Panagiotidis-led owner provides $5m loan facility to help pay for latest acquisition
- Four missing crew pulled to safety from capsized car carrier
Fourth crewmember was trapped inside the ship behind glass within engine control room, said US Coast Guard
|SEPTEMBER 9, 2019|
- Operators demand special economic status for UK ports and airports
But a failure to secure a no-deal Brexit could scupper their plans to reshore manufacturing.
- Amazon to fly two freighters of relief supplies for Dorian survivors
Amazon Air to operate 2 freighters full of relief supplies to Dorian survivors in The Bahamas
- Amazon air transport provider, ATSG, names new president
Air Transport Services Group, a major provider of midsize leased cargo aircraft and transportation services for customers such as DHL and Amazon, named current Chief...
- 'Outstanding news': Last four crew members rescued from car carrier Golden Ray
The Coast Guard said four men trapped inside the hull of the car carrier Golden Ray have been rescued through a hole cut in the...
- The lowly rail freight carload - diminishing volume but still impressive profitability
Can carload rail become a volume and market share leader in today's emerging high-tech freight logistics world? Or will it continue to exhibit a declining...
- Minimal cargo impact expected from British Airways strike
Logistics providers have been able to plan around the British Airways labor disruption and avoid cargo delays for their clients.
- Insurance group cautions against FMCSA's short-haul proposal
IIHS says driver fatigue still is a "major risk factor."
- Greenbrier unveils new covered hoppers for grain shipments
The railcar manufacturer says the covered hoppers are shorter but enable faster grain discharges.
- China's Sinoair adds online service with Freightos WebCargo
China's largest freight forwarder will use WebCargo platform to bring rates and capacity online.
- C.H. Robinson's Bob Biesterfeld, Uber Freight's Lior Ron to highlight new Townhall Series at CSCMP EDGE 2019
C.H. Robinson's Bob Biesterfeld and Uber Freight's Lior Ron will headline the Townhall Series at the upcoming CSCMP EDGE 2019 conference. The pair will discuss...
- Freight Futures daily curve: 9/9
PHI to CHI lane (VPC) stronger on increased freight into NY/NJ
- UPS hiring 100,000 seasonal workers for peak, expanding access to tuition reimbursement plan
UPS to hire 100k employees for peak season, and will expand tuition reimbursement plan
- Today's pickup: Many happy (in-person) returns, e-tailers hope; the masses want next-day delivery
Humans are helping e-tailers lower logistics costs; logistics newbies, meet the seasoned pros
- Coast Guard contacts four crew members in capsized car carrier
More than 24 hours after the car carrier Golden Ray capsized, Coast Guard rescuers have made contact with 4 trapped crewmembers.
- Cummins closes $290 million acquisition of fuel cell maker Hydrogenics [Update]
Cummins Inc. closed its $290 million purchase of fuel cell maker Hydrogenics on September 9, the second major investment in fuel cell technology in less...
- US promises to sanction purchasers of Iranian oil
A Treasury Department official reaffirmed on Sept. 8 the Trump administration's denial of temporary waivers that previously allowed countries to import Iranian crude oil under...
- Wet, stormy day will delay drivers in Midwest (forecast video)
Summer day full of high heat, severe storms and wildfire smoke. Truckers should expect typical delays in several states.
- What Uber Freight's move to Chicago means
The move signals the shift from a tech startup to a mature logistics operation.
- Canada's largest public pension fund invests $115 million in Delhivery
Canada Pension Plan Investment Board secures board seat in deal with the Indian third-party logistics provider.
- Jet extends deadline to land investor
The financially troubled Indian carrier grounded operations in April.
- Allison Transmission pays $103 million to acquire two suppliers
Allison Transmission Holdings Inc. is paying $103 million to acquire two suppliers of critical components to its automatic transmissions. The company said the acquisitions will...
- Roadrunner announces new CFO
Roadrunner Transportation Systems announced that it has found a replacement for its chief financial officer role as the restructuring continues.
- Navigating maritime landscape in age of digitalization
Digitalization comes with its share of problems and it is vital for businesses to understand what the technology means before they go ahead and adopt...
- Ontario gets 60-minute booze delivery
The Liquor Control Board of Ontario (LCBO) has joined forces with Foodora, an international food delivery app, to pilot on-demand alcohol delivery in under an...
- Mexican government proposes restricting double tractor-trailer trucks
Mexico's legislature is considering proposals that would limit the permitted weight of double tractor-trailer trucks - called "fulles" in Mexico - to decrease truck-involved accidents...
- Daimler Trucks begins Level 4 autonomous testing on public roads
Daimler Trucks is moving closer to its goal of commercially producing Level 4 autonomous trucks with public road testing in Virginia.
|SEPTEMBER 9, 2019|
- Weather conditions delay bunkering operations at Novorossiisk port
Bad weather in Novorossiisk, Russia, has impacted bunkering operations in the port, market participants said Monday.
- FUTURES 4: Crude settles higher as Saudis reinforce cut commitment
Crude futures climbed Monday after Saudi Arabia's new energy minister reaffirmed his country's compliance with OPEC+ production cuts, while Iraq announced production cuts from October.
- REFINERY NEWS: Uniper plans improvements at Fujairah facility for 2019-2020
The first of the phases started in August and "is expected to contribute to our production gains and operating flexibility objectives for IMO 2020", it said.
- SUBSCRIBER NOTE: Platts to launch spot assessments of WTI Midland DES Singapore, N Asia
In Southeast Asia, the Platts WTI Midland assessment will reflect cargoes for delivery DES Singapore.
- More HK-listed Brightoil's bunker tankers put up for sale as it continues to restructure
Bids, along with the deposit, should be submitted to the sheriff's office no later than 3 pm Singapore time on September 20.
- APPEC INTERVIEW: Middle East stands firm as Asia's main crude supplier - Barkindo
Middle East remains the main supplier of crude oil to Asia, Barkindo said.