|FEBRUARY 3, 2021|
- Containerised reefer segment saw disruption in 2020, says report
- India in touch with China to facilitate crew change at stranded Indian ships: MEA
- Liberia becomes first ship registry to join Neptune Declaration
- S&P Global Platts launches new APSI 5 Dry Bulk Weighted Index
- Export growth in Jan. shows not only signs of better order booking, but further revival: FIEO
- Inauguration ceremony for new equipment held at Iran's Shahid Beheshti Port
- Saudi Ports Authority enters 2021 with new shipping route in cooperation with major global lines
- Trilateral agreement to develop Colombo Port's ECT should be honoured: India
- Basic tips to optimise warehousing operations
- CMA CGM India introduces Python train service on Western Dedicated Freight Corridor
- India joins World Logistics Passport
- Three more Dedicated Freight Corridors planned
- Coal imports fall
- Details of Voluntary Scrappage Policy for vehicles to be announced this month
|FEBRUARY 4, 2021|
- Hupac expects strong demand for P4 transport
- New Silk Road comes to Valenciennes
- LDZ to reject competition council's ruling
- A fresh breeze for Helvetia
- A hundred for Tapa
- Another Triple Seven and -80°C
- JAS Indonesia hires branch manager
- Germany promotes e-fleets
- Interrail upgrades Nur-Sultan office
- South Korean cars for North Africa
- QSL expands in North America
- Adapting Okinawa logistics hub
- Confitarma mourns passing of shipping pioneer
- "Curiosity of the Day"
- From preighters to authentic freighters
- Waving the performing flags
- Pekaes now firm part of Geodis
|FEBRUARY 3, 2021|
- Extra services bring more congestion and vessel delay at San Pedro Bay ports
- Global logistics chains at risk from second-tier ports' lack of digitalisation
- CMA CGM brings in Air Belgium to boost fledgling air cargo operation
- Philadelphia unveils plan to expand air cargo facilities and develop a CCS
- AAL service goes full-time as demand for multipurpose offering grows
- Atlas Air CMO sells $2.24m worth of stock
- IATA: a more robust end to 2020 for air cargo
- Gove: Northern Ireland post-Brexit trade disruption not 'teething problems'
- Supply chain radar: Rail freight resilience - don't miss the train
|FEBRUARY 3, 2021|
- Buttigieg sworn in a Secretary of Transportation
Former Mayor of South Bend, Indiana, Pete Buttigieg, was today sworn in as Secretary of Transportation by Vice President Kamala Harris, after being confirmed by a Senate vote of 86-13, Buttigieg drew
- TTB: Canal Barge to speak on "Safety: Operations Taking the Lead"
Mary McCarthy, director of safety and quality systems for Canal Barge Company Inc., New Orleans, La., will present on "Safety: Operations Taking the Lead" at Marine Log's free virtual TTB-Tugs, Towboats &
- Sennebogen material handler pays off for Norwegian operator
Berge Rederi AS, Hitra, Norway, has been using a ship-mounted version of the Sennebogen 860 material handler aboard its 2006-built, 5,780 dwt M/V Kjervaagsund since 2019, making loading and off-loading processes more
- New SEA/LNG report: Bio-LNG a prime pathway to carbon neutrality
A report just released by SEA-LNG, the multi-sector industry coalition advocating for LNG as a marine fuel, says that LNG-fueled vessels account for approximately 13% of the current newbuild order book, with
- STX Engine set to build first Mk3 variants of MAN workhorse
MAN Energy Solutions reports that South Korean licensee STX Engine has signed a contract with Daehan Shipbuilding for three MAN 6L23/30H Mk3 gensets. This marks the first sale of the Mk3 version
- Wärtsilä solutions selected for Irish Sea battery hybrid RoPax
The 132 meter long RoPax ferry on order for the Isle of Man Steam Packet Co. (IOMSP) at South Korean shipbuilder Hyundai Mipo Dockyard will feature a range of Wärtsilä solutions. The
|FEBRUARY 3, 2021|
- BIMCO to develop AIS switch-off clause to meet US concerns
Organisation fears charterers may develop own clauses that leave owners at risk of being terminated, even if AIS is switched...
- Jan De Nul dredgers first to receive ultra-low emissions notation
Bureau Veritas has developed its new ULEV notation by adapting the European Commission's Stage V policy for emissions reduction to...
- Seafarers killed in separate incidents during storms
In the most recent incident, a bulker on its way to Tunisia from the US got caught in rough weather...
- Why tanker shipping is ahead of the digital game
Data analytics lies at the heart of the sector's future growth. The survey shows that a significant number of tanker...
- Focus on human factor to prevent shipping accidents
Compliance is the key difference between maritime, where minimum standards are met, and aviation, where the highest possible standards are...
- Revealed: The subterfuge tanker fleet keeping Venezuelan and Iranian crude flowing
Data compiled from Lloyd's List Intelligence shines a light on one of darkest and opaque sub-sectors of energy commodities shipping
- Vessel operating costs at highest since 2007
Manning costs were up by 6%, and there are signs that the virus has deepened an existing officer shortage. Drydocking...
- FSL Trust clinches charter renewals for five product tankers
The contract renewals are for the 5,420 dwt pair Shannon Fisher and Solway Fisher, and for the 4,400 dwt tankers...
- No easy solutions to supply chain congestion
Box lines have deployed all their available capacity and have added equipment to their fleets. But the disruption to landside...
- Euronav aims to have newbuild suezmax pair ammonia-ready
Crude tanker owner Euronav will spend $113m for the newbuild suezmax pair that could run on LNG and even potentially...
- Myanmar ports said to be operating normally
Airport shutdown will impact crew changes at time when 7,000 of country's seafarers are over contract
- Iran to release crew of South Korean tanker
The 19 crew members of a South Korean tanker detained a month ago amid a spat between Iran and South...
- Daily Briefing
Free to read: Owners 'going ballistic' in hardest P&I renewal round for years, warns Aon | Shipowners make their play...
- Disagreement on ship prices stalls newbuilding market
Some orders, for which a letter of intent had been signed at the end of 2020, now face the prospect...
- Counting the cost of port congestion
For the 29 transpacific loops currently serving Los Angeles-Long Beach, liner operators need to find an extra seven very large...
- Myanmar's oil and gas sector may withstand US sanctions
New projects are more likely to face challenges in accessing financing. Liquefied natural gas imports especially may be hit by...
- NYK and K Line boost earnings prospects
Japanese shipping giants say they will continue efforts to secure stable profits for their bulk fleet, where performance has been...
- Crowley Solutions wins Alaska contracts from US defence agency
Under the contract, which begins this year, Crowley will provide lightering and transportation of 4m gallons of fuel annually for...
|FEBRUARY 3, 2021|
- Multipurpose index forecast up 2 percent amid renewables optimism
- JOC Research: Intermodal savings to tighten in Q1 2021
- Forwarders expand air charter portfolios to access capacity
- Transplace urges shippers to actively manage routing guides and optimize networks now, rather than attempt to "time the market."
- COVID-19 disruption crimps Indian port productivity levels
|FEBRUARY 3, 2021|
- Wilbur Ross heads to the Spac market with Diamond S chairman in tow
- US issues license permitting payments to Venezuelan maritime agency
- Spanish investor takes stake in embattled Diamond S
- US seeks to seize alleged Iranian oil aboard Marinakis-linked VLCC
- B Riley's Burke lowers expectations ahead of tanker earnings
- Largest investor continues orderly selldown of shares in Genco Shipping
- Capesize spot rates continue to fall amid supply imbalance
- Zim boxes its way back towards IPO price
- Zim's IPO debacle shows investors are wary of shipping's turbulence
- Angeliki Frangou wins dispute with brother John Frangos
- Bybrook dumps Polarcus stock as PGS forces through court refinancing
- Chemikalien Seetransport and Dr Peters hook-up in ship management venture
- Safe Bulkers leads Greek sales of older panamax vessels
- MSC boxship involved in third major Pacific container loss incident
- Navios Acquisition sells more boxships inherited from dissolved vehicle
- Trafigura leads traders in bargain hunting in period charters for quality tankers
- Knutsen fixes LNG newbuilding to Myanmar developer
- FSL Trust extends bareboat charters for five product tankers
- Nakilat locks away unfixed LNG newbuildings to Cheniere Energy
- New Bimco clause aims to crack down on AIS abusers and sanctions busters
- K Line sees earnings soar on the back of ONE profits
- Molaris spin-off takes full control of Cargill-chartered tanker octet
- Sellers may be safe from US sanctions even when tankers end up in Iran and Venezuela trades
- P&I clubs braced for income dip as they de-risk investments
- 'Bloodbath' in capesize futures market as tumbling spot rates hit sentiment
- Signal Group launches hunt for tech start-ups to support AI drive
- Market 'disruption' allowed Euronav to pounce on suezmax newbuilds
- Samsung makes provisions for Sinokor LNG newbuildings
- Tangled web of entities emerges behind transaction for tanker named as scrapped vessel
- Fear of sanctions tipped to scuttle drillship sale
- Is Grieg's refinancing the first post-Libor deal in shipping?
- NYK Line rides liner sector boom to stronger third-quarter profit
- Seafarer killed after bulker hit by wave off Nova Scotia
- Hutchison Port Holdings set for dividend boost on stronger earnings
- LNG bunker suppliers face off over Asia record
- Tianjin Southwest Maritime takes gas carrier orderbook past $700m mark with VLGC deal
|FEBRUARY 3, 2021|
- Home Depot offers shipper wish list for rail infrastructure
During a panel discussion, Home Depot and others talk about how to grow freight rail.
|FEBRUARY 3, 2021|
- Delivered bunker prices heard lower than ex-wharf in ARA: sources
Sluggish demand in the Amsterdam-Rotterdam-Antwerp bunkers sector has pressured fundamentals, as some delivered prices dropped lower than basis ex-wharf, two bunker suppliers said Feb. 3.
- INTERVIEW: Italian product demand seen returning to pre-COVID levels in 2022: Unem
**Road fuel demand seen mostly recovering by end-2021 **Key role for more biofuel capacity **Full pre-pandemic demand may never recover in Italy
- FEATURE: Mixed prospects for scrubbers amid uncertain cost, climate prospects
**Hi-5 fuel oil spread considered low **Debated climate credentials **Different 3.5%S FO demand patterns emerging
- Floating storage at two-month highs as volumes off Asia rise
**Some 114 million barrels of crude in tankers **Port congestion resurfaces near Asian refining hubs **But volumes poised to fall again as backwardation strengthens
- REFINERY NEWS: BP Rotterdam resumes normal operations
BP's Rotterdam refinery, which went offline in mid-January following an incident at the facility, has resumed normal operations and product loading, according to trading sources.
- HSFO demand triples in Fujairah on scrubbers and competitive prices
**Vessels fitted with scrubbers return to fleets **Cheaper HSFO supporting demand in Fujairah
- Carlyle doubles stake in Swiss refiner Varo, with eye on biofuels expansion
**Carlyle to buy Reggeborgh's 33.3% stake **Vitol shareholding unchanged at 33.3% **Sees opportunities for biofuels expansion in Europe
- REFINERY NEWS: France's Fos-sur-Mer restarts units after work: report
Units at France's Fos refinery have been restarted since Feb. 2, which could lead to incidents of flaring over several days, according to a local media report citing the refinery.
- TANKERS: Aframaxes turning clean as dirty rates hit multi-year lows
**Aframax owners face negative daily returns **Demand slashed by pandemic, Saudi Arabia's output cut **Less scrapping contributes to tonnage overhang
- FUJAIRAH DATA: Oil products stocks climb across board for first time in 8 weeks
**Fujairah bunker fuel demand 'dialed down' **Total inventories at highest since Jan. 4 **Middle distillates climb 15% in a week
- JAPAN DATA: Oil product exports fall 1% on week to 3.41 mil barrels over Jan 24-30
Japan's oil product exports fell 1% week on week to 3.41 million barrels over Jan. 24-30, data released Feb. 3 by the Petroleum Association of Japan showed.
- JAPAN DATA: Jan. 24-30 oil products output fall 6.3% on week to 17.39 mil barrels
Japanese refiners cut their oil products output by 6.3% week on week to 17.39 million barrels over Jan. 24-30, the Petroleum Association of Japan said Feb. 3.
- Open interest for LSFO, HSFO rises in Jan on ICE
**Open interest for Singapore MF 0.5%S forward curve up 7.11% on month **Open interest for HSFO forward curves up 4.80% on month
- Pakistan refined products sales rise 12% on year in July-Jan on strong fuel oil demand
Pakistan's oil product sales during the last seven months of the fiscal year 2020-21 (February-January), recorded double-digit growth on the back of higher volumes registered in sales of furnace oil as electricity producers shifted from regasified LNG and gas, according to the latest data from the country's Oil Companies Advisory Council.
- OIL FUTURES: Crude rises on US stock draw, broader fundamentals
"Demand in the physical market has been the driver of a strong front of the curve for this week," Innes said.
- Up to 11 Feb-loading US LPG cargoes to Asia canceled as arbitrage closes, fog disrupts ships
The cancellations will reduce US cargo arrivals to Asia to 1.6 million mt in March from 2.3 million mt in February, sources said.
- Iranian oil tanker in Egypt's Great Bitter Lake after running aground in Suez Canal: Platts cFlow
The Aframax Sahra ran aground due to engine trouble around Km 123 of the Suez Canal while transiting from the Red Sea to the Mediterranean.
- China's Lunar New Year unlikely to affect demand for gasoline, gasoil: FGE
FGE said it continues to expect a shift to personal cars, as people are likely to avoid public transportation, for long-distance travel in China.
- Japan's ENEOS to raise weekly wholesale oil product prices by Yen 500/kl: market sources
Crude oil procurement costs in Jan. 26-Feb. 1 decreased an average Yen 70/kl from the previous week, according to S&P Global Platts calculations.
- Singapore fuel oil swap trades during Platts MOC surge 145% on month in Jan
The total volume of HSFO swaps traded in the Singapore MOC process soared 171.82% from December to 9.84 million barrels in January.
- Corvus Energy, consortium advances maritime fuel cell systems project with Toyota
"Decarbonization is inevitable and at Toyota, we are convinced that hydrogen will play a central role in creating a better future," Paquet said.
- Singapore 10 ppm gasoil cash differential turns positive, highest in 6 months
"Market [participants] expect tighter market [supply] in March onwards due to heavy [refinery] turnarounds," a trade source said.