|JUNE 11, 2020|
- Pandemic's impact on imports easing, but volumes below last year's: NRF
- Zim offers express connections from DaChan Bay to Los Angeles
- Huawei's Meng Wanzhou extradition hearings to continue into 2021
- Federal court backs New Jersey's bid to end NY Waterfront Commission
- HMM's 23,964-TEUer - world's biggest box ship - completes maiden run
- Nestle to build US$100m plant in Tianjin Economic Development Area
- Nippon Express pays US$51m for MD Logistics to boost pharma
- Lessons learnt at Amsterdam Schiphol Air Cargo Netherlands webinar
- Working from home results in new AACargo online booking technology
|JUNE 10, 2020|
- Hanseatic Unity Handysize Pool welcomes Dubai-based Transworld Group as latest participant in an exquisite Pool for Handysize bulk carriers
- MOL vessels win quality award
- Advisory on maritime operations in Dubai
- APM Terminals Pipavav has reported healthy numbers for full year: Sørensen
- Air freight demand sees sharpest ever fall in April 2020; however also marked by insufficient capacity to meet the demand
- Railways keeps its freight corridors fully functional despite the lockdown
- SpiceJet adds Kyrgyzstan & Egypt to its international cargo network
- Importance of keeping ships moving, ports open & cross-border trade flowing emphasised
- Global trade volumes seen decreasing between 13% & 32% in 2020
|JUNE 11, 2020|
- Extending rail connections from Germany to Xi'an
- 40 million Chinese masks en route to Paris
- 50 million medical gloves from China to Germany
- Turnaround at the Port of Long Beach
- New security manager and HR manager in Turku
- Study examines rail link from Addis Ababa to Port Sudan
- More booking features on www.aacargo.com
- Rhenus opens new office at Liège airport
- Conroute Logistics gains AEO-F certificate
- Another member for Swiss Post's board of directors
- Finnlines' latest vessel generation
- Sanitary containers now available at GVZ Bremen
- GAC opens 25th location in UK
- "Curiosity of the Day"
- Large logistics project in Romania
- Isabella Niklas elected to the supervisory board
- Latam's "Solidary Plane" equal to the challenge
|JUNE 10, 2020|
- The way out of the maze that is the world's demurrage and detention charges
- Warehouse space crunch will tighten as 'lean' supply chains fatten up
- Taiwan's Yang Ming and Evergreen in line for $540m state-backed loan
- Fraport: 'we will exhaust all other possibilities', but some jobs will be lost
- Swissport Belgium goes bankrupt, and parent looks 'to strengthen liquidity'
- Intermodal the key to boosting efficiency and reliability and going greener
- One supply chain technology platform to handle it all
- Japan wants manufacturing back, but breaking up supply chains is hard to do
- Supply chain radar: Breakout moment coming for WiseTech in M&A wonderland
- Supply chain radar: Hapag-Lloyd only halfway through its epic plunge?
|JUNE 10, 2020|
- USCG welcomes new Atlantic Area Commander
Vice Adm. Steven D. Poulin assumed duties as Coast Guard Atlantic Area Commander, Coast Guard Defense Force East Commander, and Director of DHS Joint Task Force-East during a change-of-command ceremony at Coast
- Knud E. Hansen introduces sanitized expedition ship design
Danish naval architectural consultancy Knud E. Hansen's latest design is a 150 meter expedition cruise vessel that can accommodate up to 400 passengers and has a range of approximately 6,500 nautical miles.
- Stena Bulk's next-gen product tanker aims for big GHG emission cuts
A prototype next-generation product and chemical tanker developed by Stena Bulk, the IMOFlexMax, is designed to cut greenhouse gas emissions by more than 25% compared to current modern product tankers. Designed by
- C-Job designs new GLDD dredge for ease of build
The trailing suction hopper dredge ordered at Conrad Shipyards by Great Lakes Dredge & Dock is being built to a basic design by Netherlands-headquartered C-Job Naval Architects, C-Job says the TSHD design
- Seaspan Shipyards adds Ontario yards into its bid to build Canada's polar icebreaker
Canada's Seaspan Shipyards (Vancouver Shipyards Co. Ltd.) has entered a teaming arrangement with Heddle Shipyards (Heddle Marine Service Inc.) to compete for the contract to build the Canadian Coast Guard's future polar
- New Albacora Group freezer-seiner features Schottel SCP
Spain's Albacora Group, which operates the largest tuna fishing fleet in the European Union, recently commissioned its newest vessel, Galerno Lau. Built at Vigo-based shipyard Astilleros Armón, the 95.1 meters long by
|JUNE 10, 2020|
- Taking charge after the pandemic
The natural progression, ahead of the next unforeseen crisis, is for more trialling and piloting of innovative tools and practices
- Fire on car carrier risks being a major claim
No serious damage to vessel structure or pollution reported, but personal injury claims could be substantial once liability is established
- Ferry operators look to resume services amid 'confusing' rules
Scandlines expects the pandemic to hurt its finances for the rest of the year
- Transpacific ocean freight rates at 18-month high
Rise in rates on the transpacific market was because of an 'unexpected spike in demand' during the past few weeks...
- Resurgence of Indian subcontinent scrapyards
As restrictions on foreign crews' disembarkation were eased in Alang, the market for older ships has come to life
- Weekly briefing: Optimism amid containers downturn; dry bulk outlook is mixed
Container volumes at ports in Europe and the US are starting to show some early signs of a revival, while...
- Attica Group ferries certified for protection procedures
Attica said that the Safeguard standard enabled the operators, passenger and crew to feel secure that pandemic risks and potential...
- Shipowners remain pessimistic about EU relief
The preference is said to be for an EU-backed temporary moratorium on bank repayments and a full covenant waiver on...
- If seafarers were tourists, crew changes would not be a problem
The alacrity with which many governments acted to repatriate more prosperous nationals, widely evident at the outbreak of the crisis...
- Shipping struggles to overcome political inertia as crew change crisis starts to bite
A diplomatic battle is underway to win over international political support for crew change plans. Slow implementation from governments unwilling...
- Daily Briefing
Free to read: Evergreen and Yang Ming set to receive state-backed loans | EU database for shipping emissions rules gets...
- Myanmar pioneers LNG receiving solution
Southeast Asian country has started importing LNG within months of awarding three LNG-to-power projects
- US sees natural gas price recovery by the end of 2020
Prices are forecast to rise from an average of $2.06 per mmBtu in September to $3.08 per mmBtu in January...
- US oil market heads for balance faster than forecasts
Early indicators of US petroleum consumption have shown increases from the lows seen in April as Organisation for Economic Co-operation...
- Cansi names former CSSC director as secretary-general
Mr Li has replaced Jin Peng who has retired from the position
- DP World to introduce autonomous vehicles at Jebel Ali Port
New technology trials have shown that AI-based software solutions have the potential to boost efficiency and allow the automation of...
|JUNE 10, 2020|
- June 19 work-stop order won't hurt US West Coast cargo flow: labor, employers
- Voltmann leaving TIA as stronger 3PL force in the industry
- Uncharted: IHS Markit research chief predicts sluggish US import recovery
- Pitt Ohio adjusts to new LTL reality even as demand picks up
- Inland point intermodal flows shift away from US West Coast
- E2open fires free visibility salvo
|JUNE 10, 2020|
- Offshore shipowners seek to refinance $8bn in debt
- US sanctions on Venezuela prompt tanker sales and diversions, but fail to lift rates
- Investment giant Fidelity takes 10% stake in tanker owner DHT Holdings
- Stena Bulk reveals greenest MR tanker design yet
- Andromeda returns to Hyundai Mipo for first time in 17 years
- Union weighs strike action over Covid-19 contract crisis
- Ahrenkiel boxship uses fire pumps to fight off pirates
- Ince reveals tie-up with Incisive Law to strengthen in Singapore
- Arrested SAM Shipping bulker faces US video auction
- FGM Chartering expands fleet with third Japanese handysize bulker buy
- Wavelength: Covid-19 is wreaking havoc, but it could be a catalyst for change
- Militia shuts down Libyan exports days after force majeure lifted
- Qatar set to turn focus on shipowners in LNG vessel haul
- Bureau Veritas launches anti-coronavirus label for ferries
- World's largest LNG bunker vessel leaves yard for series of voyages
- Tanker tycoon Ostergaard-Nielsen brings in daughters as co-owners
- Peter Kramer, Nelson Mandela and Africa's 'door to freedom'
- Eastmed sells third large tanker in less than a month
- Bimco praises Hong Kong move to allow crew changes
- Dissatisfied shipping staff increasingly ready to move on, survey reveals
- Boxship culling continues with five more demolition deals
- Virus woes push U-Ming Marine to first quarter loss
- Sembcorp Marine demerger to create a 'more focused company'
|JUNE 10, 2020|
- Former FMC commissioner will helm Port of Baltimore
Bill Doyle has been steering the Dredging Contractors of America
- Disabled Laura Maersk headed to port
Sister ship will transport cargo while turbocharger is repaired in New Jersey
- Cathay Pacific, Austrian Airlines recapitalize with state help
Governments are taking equity stakes in airlines or putting conditions on them for aid. Cathay Pacific, a big passenger-cargo combination carrier, and Austrian Airlines are...
- COVID second wave would slam ocean shipping
Global trade could be the next casualty if the virus resurges, warns OECD.
- Seafarers' plight in spotlight
Crews stranded during the pandemic have garnered media attention - "and that's a good thing"
- Maritime History Notes: Ships of concrete
The U.S. government at the start of World War I looked to concrete vessel hulls to counter severe steel shortages when the country entered the...
- US reallocates Asia cargo routes to Kalitta and FedEx
UPS didn't need its weekly traffic rights on a key Asian route, so it turned them in. Two other airlines immediately pounced and were granted...
|JUNE 10, 2020|
- Engen acquires barge for Namibian bunkering
South Africa refiner Engen has acquired a new barge for bunkering marine gasoil in Namibian waters, the company said in a press release June 10.
- Shanghai marine fuel 0.5% differential plunges to 8-month low on weak demand
The Shanghai delivered marine fuel 0.5% differential to Singapore 10 ppm gasoil cargo dropped $8.69/mt week on week to an 8-month low of minus $29.87/mt on June 9 on poor demand, S&P Global Platts data showed.
- FUJAIRAH DATA: Stockpiles dip from record high despite marine fuel glut
Stockpiles of fuel oil used for marine bunkers and power generation at the Middle East oil hub of Fujairah in the UAE swelled to a record high as of June 8, marking the fifth advance in six weeks.
- Singapore July ex-wharf MF 0.5%S bunker term talks inconclusive on wide bid-offer spread
Negotiations for the term supply of Singapore ex-wharf marine fuel 0.5%S bunker for July were largely inconclusive so far, as the market was still awaiting cues on near-term price direction amid a wide bid-offer spread, market sources said June 9.
- INTERVIEW: Monjasa to grow English Channel as bunker hub
Danish bunker fuel supplier and shipping firm Monjasa sees huge potential in the English Channel and wants to expand its services along the key waterway in what could act as a complementary bunkering hub to the dominant Amsterdam-Rotterdam-Antwerp region.
- Rotterdam 0.5%S fuel oil barges near three-month high as coronavirus restrictions ease
European 0.5%S fuel oil barges reached a near three-month high on June 9, as the wider oil complex finds some support from the easing of coronavirus-related lockdowns.
- FEATURE: High sulfur IFO 380 bunker fuel faces reduced demand at Latin American ports
As the Latin American bunker fuel market approaches six months since the rules for lower sulfur content in marine fuels took effect globally, a market for high sulfur IFO 380 fuel can now only be found at a reduced number of ports in the region, according to local data and bunker sources.
- OIL FUTURES: Crude climbs amid improved demand outlooks, but oversupply concerns linger
Crude futures settled higher June 10 amid cautiously improved demand outlooks, but lingering oversupply concerns capped the price rally.
- South Korea to support construction of LNG bunker vessel
The South Korean government said June 10 it supported the build of an LNG bunker barge, in a bid to promote the use of LNG-powered vessels and facilitate fuel supply.
- Marine fuel 0.5%S in key Latin America ports rebounds in June to highest prices since end-April
Marine fuel 0.5%S in key Latin American ports this week reached their highest prices since end-April, when they fell to their lowest recorded values under the pressure of the low demand caused by falling oil prices and the coronavirus pandemic.
- External: Global Risk Management