|JULY 15, 2020|
- World's biggest, 24,000-TEU HMM Gdansk, docks at Hong Kong's HIT
- CMA CGM to increase raft of Asia-Med/Black Sea rates from August 1
- Some Chinese ports are jammed again on intensive testing
- CMA CGM to launch Round The Africa Service 'RTA' from July 25
- Two-way China-Europe rail volume exceeds 50,000 TEU monthly
- Port of New York New Jersey blame pandemic for May's 16.5pc cargo slump
- Malaysian port community win financial breaks to ease Covid-19 impact
- Port of Marseille Fos to invest US$64.5 million to promote recovery
- North Korean cooking oil fire seen from China destroys train, warehouse
- Singapore holds top spot as world shipping centre for 7th straight year
- Volga-Dnepr, Geodis flies 400 million medical masks from Shenzhen to Paris
- AA names Jessica Tyler to run cargo under senior vice president
- E-commerce continues to be hurt by Indonesia's pandemic restrictions
|JULY 14, 2020|
- Maiden containerised cargo export from India to Bangladesh using inland waterways reaches destination
- No change in top 5 international shipping centres, as per index
- Record uptake for Maersk's mobile app in India amidst pandemic
- South Korea to revitalise shipping industry by using liquidity fund
- Grape exports down
- Setting up of the Turant Suvidha Kendra(TSK) for faceless assessment
- Ministry of Shipping approves Rs 107 crore for modern firefighting facilities at Haldia Dock Complex of Kolkata Port
- PPT approves berthing policy
- India extends credit line to Bangladesh SEZ in Chattogram
- New implementation packages to provide important support to States during pandemic
- Steady growth seen in pharmaceutical logistics market
- Brexit Border Operating Model seen recognising the value of freight forwarders
- DP World focusing on acquisition & expansion
|JULY 14, 2020|
- European exporters still up against it, but equipment shortages are easing
- Air freight rocked by volatility and uncertainty, reflected in rate rise and fall
- Whitehall unveils Brexit border operating model - but the tech may prove tricky
- Struggling Virgin Atlantic thrown a lifeline by £1.2bn rescue package
- Blockchain may facilitate the 'new normal' of contactless parcel delivery
- Rethinking resiliency as the pressure on port operations increases
- Volga-Dnepr Group to restructure and become a 'mono company'
- Atlas Air weathers the storm well, but returns to beleaguered markets
|JULY 14, 2020|
- Louisiana launches smart port initiative
Louisiana Gov. John Bel Edwards yesterday announced a Louisiana smart port initiative that will streamline operations and improve safety through real-time data shared by port administrators, tenants, shippers, and warehouse, cargo and
- Ports Association of Louisiana elects new officers
The Ports Association of Louisiana (PAL) Board of Directors has elected its new officers. They form the Executive Committee for the board, tasked with representing the organization, along with its Executive Director.
- Navy awards Unmanned Surface Vessel contract worth potential $294 million
The Navy is pushing ahead with its plans to build unmanned vessels. Yesterday, it awarded L3 Technologies, Inc. a $34,999,948 contract for the development of a single Medium Unmanned Surface Vehicle (MUSV)
- WinGD makes it easier to select the right cylinder oil
Engine designer WinGD (Winterthur Gas & Diesel) is taking some of the mystery out of the selection of the correct cylinder oil for its two-stroke engines. It has issued a new cylinder
- Delta Pilots take delivery of sixth Gladding-Hearn pilot launch
Delta Launch Services, the operating company for the Associated Branch pilots on the Southwest Pass of the Mississippi, has taken delivery of a new pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. It
- All American Marine launches second of two cats for GWA
All American Marine Inc. (AAM), Bellingham, Wash., has launched Orca II, the second of the two 78-foot by 27-foot aluminum catamarans it is building for Great Western Attractions (GWA) for operation as
- Rodriguez delivers Mitsubishi-powered towboat
The 64- by 28-foot towboat M/V Amelia Ray recently delivered to L&L Marine Transportation by Rodriguez Shipbuilding, Bayou La Batre, Ala., features twin Mitsubishi S6R2-Y3MPTAW Tier III main diesel engines, producing 803
- Wärtsilä solutions picked for giant Taiwanese wind farm installation vessel
The first floating DP3 heavy lift and installation vessel to be built in Taiwan will feature a broad range of Wärtsilä solutions. The vessel, the Green Jade, is on order for Taiwan's
- House Appropriations Committee approves $7.63 billion FY21 funding for USACE
Waterways Council Inc. (WCI) reports that yesterday, by a party line vote of 30 to 21, the House Appropriations Committee approved FY21 funding for Energy and Water Development (E&WD) that funds the
|JULY 14, 2020|
- Charity raises alarm over 'missing' ship linked to Iran
The ship's last AIS signal was eight days ago and the charity fears for its crew's welfare
- From logistical puzzle to conundrum - the V.Ships view of the crew crisis
V.Ships' Allan Falkenberg remains worried that crew-sourcing countries will continue to suffer from the effects relating to the coronavirus situation
- Crew change commitments are failing on the ground
Diplomatic show of unity at the UK's July 9 crew change crisis summit not leading to easier transfers for tens...
- Trading platform seeks to expand into dry bulk futures
Greece-based Signal Group, which is a minority shareholder in Bloc-x, says it likes commodity tech investments
- Ports question post-Brexit border blueprint
'The timeline for delivering new, complex border infrastructure is still very challenging,' warns UKMPG's Morris
- Box lines face discipline dilemma as outlook improves
As recovery scenarios begin to emerge, container carriers will face a tricky balancing act between returning supply and maintaining rates
- From the News Desk: Critical time for crew changes
Governments from around the world have committed to open up borders for seafarers and boost the number of flights to...
- Shipbreaker's widow can claim compensation in the UK
Ruling could pave the way for hundreds of similar cases
- Lloyd's List awards will recognise pandemic resilience
Businesses and seafarers who have responded exceptionally to the coronavirus pandemic will be the focus of this year's Lloyd's List...
- Decarbonisation is not enough for the sustainability generation
There are 17 United Nations sustainable development goals. These goals are entwined and must be addressed together. The sustainability generation...
- Daily Briefing
Free to read: Greek tankers linked to Venezuela reappear in the Middle East | Ocean Tankers administrators in bid to fend...
- Changes in Chinese foreign policy could shake up iron ore trades
The Belt and Road Initiative could be one of the avenues for the expansion of Chinese overseas interests in key...
- China ports group agrees deal with Greek authority
CMPort and TPA agree to promote the port of Thessaloniki in the Chinese market and as a gateway port to...
- Opec to discuss next phase of production cuts
Reductions in supply and demand boost are prompting confidence ahead of this week's meeting about further production cuts
- California's ports at risk of losing market share
'We are requesting that Governor Newsom and the legislature consider the importance of California's goods movement industry sector and take...
|JULY 14, 2020|
- CHR, Microsoft partner on cloud and visibility
- Drayage operators in LA-LB seek to further improve turn times
- CMA CGM ending direct Asian service to Port Tampa Bay
- Carriers could make permanent capacity cuts in prolonged downturn: Drewry
- Bangladesh cargo flow to improve after quarantine on Chinese ships ends
|JULY 14, 2020|
- L Catterton CEO joins Norwegian Cruise Line Holdings board
- China crude imports from US peak in July despite escalation of bilateral tension
- American Salvage Association appoints first female president
- VLCC Commodore back in Venezuela for Reliance's humanitarian exchange
- Viking Line loan payments get deferred to early next year
- Royal Caribbean buys rest of Silversea Cruises
- Capesize spot rates sail into correction territory, brokers say
- Dubai announces it is open to crew changes
- South Korea moves to advance its LNG bunkering offering
- BW takes Shell LNG carrier for El Salvador power project
- ESG goals and the unintended benefits of virtue signalling
- The show is over as generation of older cruiseships face final curtain
- Norway's JJ Ugland ends long run as shuttle tanker owner
- Kjetill Bollestad returns as troubled Kleven Verft is bought by Green Yard
- Turkish recyclers to feast on Royal Caribbean and Carnival cruiseships
- Precious Shipping in $41m settlement in long-running bulker spat
- Awilhelmsen reports slimmer profit for 2019 ahead of coronavirus hit
- Total shifts LNG shipping heads as it gears up for Mozambique LNG
- Maisie owner fails to kick out $31m claim after car carrier clash
- Dominican flag concerned for crew after arrested suezmax leaves port
- Imabari and JMU joint venture yard starts to win competition approval
- Gazprom Neft ships first oil to China via Northern Sea Route
- Ocean Longevity newbuildings take remote route
- Authorities dig through bulker's coal cargo to find cocaine
- Tide has turned on crew crisis, says UK minister - but what's really changed?
- Evergreen to sell first overseas bond in $300m fundraising bid
- Trader Maritime sells first and only vessel to Tomini
- Top Braemar trio split $760,000 in share bonuses
- Court sides with ex-Aegean directors in creditor lawsuit
- Singapore looks to further diversify its LNG importers
- China Navigation bulker faces lengthy wait in New Zealand
|JULY 14, 2020|
- California governor urged to reverse ports' receding market share
Analysis concludes West Coast ports have lost 19.4% of market share since 2006.
- Tanker stocks are sinking toward the bottom
Nordic American Tankers is the best stock performer among larger listed ship owners. Scorpio Bulkers is the worst.
- Investigators blame pilot error for 2019 Atlas Air crash
Recipe for disaster: a pilot who made serious mistakes, panicked, had a history of reacting poorly under stress and lied about it to his employer...
- IMO: Help get seafarers home
'There is an increasing risk that fatigue and mental health issues could lead to serious maritime accidents.'
- Delta cargo revenue drops despite freight-only flights
Delta Air Lines will retire more than 100 planes by year's end, reducing the carrier's available cargo capacity to some destinations after coronavirus passes.
- Walmart+ won't make Amazon quake, but that could be beside the point
Soon-to-launch Walmart+ service could be a win for the retail giant even if it poses no serious threat to Amazon.com.
- Siemens Healthineers taps DHL to manage North American distribution
German company picks DHL Supply Chain in North America for its flexible and efficient logistics platform to handle sophisticated medical equipment.
- Delta faces 'staggering' Q2 loss in face of COVID-19
Atlanta-based airline posted $3.9 billion pretax loss for the second quarter.
|JULY 14, 2020|
- Argentina's YPF seeks to stretch out debt payments, a key for growing output
Argentina's YPF is seeking to swap a $1 billion bond due in March 2021 for a new one maturing at the end of 2025, a proposal that if successful should allow the state-backed energy company to increase investment in its large oil and natural gas resources, analysts said July 14.
- Brazil's Petrobras sets S-10 diesel output record high amid low-sulfur shift: company
Brazilian state-led oil company Petrobras set a fresh monthly record high for low-sulfur diesel production in June amid a strategic shift toward cleaner refined products that align with the company's heavy crude output from legacy fields in the offshore Campos Basin, the company said.
- India's June gasoil consumption climbs 15% from May as more restrictions ease
The increase marks India's second straight month of gasoil demand growth, providing further signs of recovering fundamentals in the country.
- OPEC bullish on oil recovery as output cuts set to ramp down
The data comes as OPEC and its allies are scheduled to ease their production quotas by some 2 million b/d in August, with officials citing newfound optimism in the world economy's prospects.
- RUSSIA DATA: Jan-June crude, product port throughput falls 2.1% on year
Russia's commercial ports handled 224.7 million mt of liquid bulk -- including crude, oil products and LNG -- in the January-June period, down 2.1% on the year, the Association of Russian Commercial Seaports said July 14.
- Monjasa expands Houston bunkering monthly capacity to 40,000 mt
Monjasa acquired an additional barge on time charter, bringing its total monthly supply capacity to around 40,000 mt and enabling mobility to complete around 60 deliveries each month, the statement said.
- OIL FUTURES: Crude edges higher amid improved global demand outlooks
Crude oil futures climbed higher July 14 amid improved global demand outlooks, but concerns that rising coronavirus cases in the US could send more states into lockdown weighed on refined product prices.
- External: Global Risk Management
- Singapore ex-wharf low sulfur marine fuel spread to gasoil widens on slow demand
"We have been discussing spot volumes a month in advance because we anticipated demand to be slow," a supplier said
- JAPAN DATA: May bonded bunker fuel oil sales fall 6.5% on month
Lackluster demand amid ample supply weighed on the market in May.
- China 0.5%S marine fuel differential dives to 11-month low on weak demand
"Demand has been weak since February, there was some resumption in demand in May but no obvious improvement," a Zhoushan-based supplier said.
- Traders split naphtha cargoes onto MRs to capitalize on weaker freight
"Owners are just accepting the first counter [bid]," said an MR broker in Englan
- FEATURE: Spotlight turns to maritime decarbonization in Asia after IMO 2020 transition
"A lot of things are happening in decarbonization and it's heartening to see them," a source said.