|OCTOBER 5, 2021|
- Shortage of containers due to extended time in transit
- DGFT notifies curbs on export of syringes
- First consignment of GI-tagged sweet dish Mihidana from West Bengal exported to Bahrain
- Implementation of RoSCTL Scheme w.e.f. 01.01.2021 in System
- Trade defaults rise amid pandemic, but performance remains consistent with long-term projections
- Container terminal at Gangavaram port on the anvil
- Koos Timmermans takes charge as Commissioner of Port of Rotterdam Authority
- Air cargo demand remains strong
- Improved economic activities seen spurring growth momentum for road logistics sector in H2 FY202
- Lufthansa Cargo adds two Boeing 777 freighters
- Mahindra Logistics scales up operations ahead of festive season
- Two new freighters to grow CMA CGM Group's air freight division operations
- Economic fundamentals strong; GDP in Q3, Q4 of FY21 above pre-pandemic level, says Panagariya
- Global merchandise trade volume growth projected to be higher in 2021
- Blue Dart announces General Price Increase
- H. K. Joshi to continue holding additional charge as Director (Finance), SCI
- Seychelles' Tax Inspectors Without Borders programme launched in partnership with India
- SpiceJet receives shareholder approval for transferring cargo business to SpiceXpress
|OCTOBER 6, 2021|
- Trial runs on Betuwe line
- Greece attracts a new player
- MGI chooses Béatrice Brun
- Seven trucks for special assignments
- Regional sales expertise for Qatar Airways Cargo
- Spanish ports are back with containers
- Rail industry remains resilient
- Coca Cola's new shipping business
- WienCont welcomes Monika Gindl-Muzik
- Unipart contracted by healthcare specialist
- 1,000th Atran flight at RIX
- Two trucks as birthday present
- "Curiosity of the Day"
- Preparations for pre-Christmas period in UK
- Irish lessor discovers cargo business
- An 80% Nordic acquisition
|OCTOBER 5, 2021|
- Planned UK restriction on EU operators will put the brakes on driver availability
- DHL unveils new Paris facility as it picks up air and sea heavy cargo slack
- Bunker surcharges resurface - 'justified by oil price spike', say carriers
- Home Depot shares its flatbed capacity through trucking brokerage platform
- Alibaba logistics unit Cainiao expands with Air China Cargo investment
- Demand for China-Europe rail services slows as congestion brings delay
- Lufthansa Cargo and K+N opt for 'power-to-liquid' fuels - 'the future today'
- Against the odds: ArcBest's M&A hedge leaves all in awe
- Supply chain radar: Beware horsemen two, three & four of the (logistics) apocalypse
|OCTOBER 5, 2021|
- Navy awards Austal USA $144.6 million two-ship T-ATS contract
Jump starting its plans to get into steel vessel construction, Austal USA, Mobile, Ala., has been awarded a $144,623,645 fixed-price incentive (firm target) modification to previously awarded contract N00024-21-C-2209 for the detail
- VIDEO: Golden Ray salvage enters final stages
It ain't over until it's over-and the salvage of the capsized car carrier Golden Ray continues, though the end now seems in sight. Although the giant heavy lift catamaran VB-10000 has completed
- MAN dual-fuel two-strokes rack up 2 million operating hours
MAN Energy Solutions reports that its portfolio of two-stroke, dual-fuel engines has accumulated more than 2 million operating hours in total, running on LNG, methanol, ethane and LPG. The company has booked
- First of new Staten Island Ferry trio commissioned
New York City Mayor Bill de Blasio, Department of Transportation Commissioner Hank Gutman, and Staten Island Borough President Jimmy Oddo yesterday officially commissioned the Staff Sergeant Michael H. Ollis, the first new
- Fishing vessel accidents investigated in new NTSB report
For the eighth year, the National Transportation Safety Board (NTSB) has released its "Safer Seas Digest 2020," a compendium of the NTSB's maritime accident investigations involving loss of life, injuries and significant
- Recovery efforts underway in path of hurricane
Just before noon on August 29, Hurricane Ida crashed ashore at Port Fourchon, La. Its 150 mph winds made it the fifth-strongest storm to hit the U.S. on record-and after causing devastation
- 10 minutes with Crowley's Nico De Golia on sustainability
As the maritime industry focuses more and more on sustainability and all that it entails, mental and physical wellbeing included, we wanted to reach out to someone who is setting the bar
- Jan De Nul switches fleet to VSAT, Iridium connectivity
The Jan De Nul Group has signed a long-term contract with Netherlands-based satellite communications specialist Castor Marine to provide global VSAT internet and Iridium L-Band services to its entire fleet of almost
- BOEM announces U.S. Gulf lease sale date
The Bureau of Ocean Energy Management (BOEM) has announced that it will hold an oil and gas lease sale for the Gulf of Mexico on November 17, in compliance with an order
|OCTOBER 5, 2021|
- UN calls for more robust monitoring of subterfuge shipping
UN Security Council Panel investigating North Korean maritime sanctions recommends that class, flag states and shipyards need to beef up...
- Opec casts doubt on refinery dislocation as tonne-mile driver
'There is a general preference to locate refining capacity in consuming regions due to lower transport costs for crude oil...
- Capesize daily rates breach $80,000 on tonnage tightness
Biggest increase seen in the C9 northern Europe/Mediterranean to China/Japan route, which settled at $113,700 per day at the close...
- Seanergy Maritime poised for seventh capesize acquisition this year
Acquisition brings Greece-based Seanergy's all-capesize fleet to 17 units again after the recent sale of its oldest ship
- Broker predicts pool payouts could hit $700m
'The problem is that there is little the clubs can do about it. These large incidents are very random in nature...
- Safe Bulkers agrees new three-year charter for capesize
US-listed owner is getting $24,000 per day for capesize bulker acquired in August under a bareboat charter structure with purchase...
- Greece follows Cypriot class act
Adopt a Ship's aim is to provide young children with a real-world learning experience about shipping through pairing classes with...
- Location is key to competing in international logistics
Its natural location, combined with the presence of such a powerful shipping community, underpins Greece's potential as an international logistics...
- A glimpse of a greener future
Greece's ferry industry is grappling with an urgent need to renew an ageing fleet while bearing the losses wrought by...
- Aiming for togetherness as much as recognising the exceptional
After a year's break when they went virtual, the Lloyd's List Greek Shipping Awards are expected to make an in-person...
- Call for shipping to adopt 2050 net-zero emissions target
The International Chamber of Shipping has called for shipping's global regulator to commit the industry to net-zero emissions by 2050...
- Ecsa appoints interim leaders after Dorsman steps down
Ecsa appoints Katalin Dobránszky-Bartus and Sotiris Raptis as acting secretary-generals
- Seaspan takes delivery of first ship in 70-vessel orderbook
Seaspan has been an active buyer in containership newbuilding slots. The first of those orders has been delivered ahead of...
- Daily Briefing
Yildirim mulls sale of CMA CGM shares | Marine insurers cancel 'spoofing' Iran-linked ships | Bottlenecks and pent-up demand to...
- Lockton acquires Norwegian marine broker
Norwegian insurance broker Edge GroupEdge Group has a 2% share of the global marine insurance market but has now been...
- China Merchants' terminal deals with CMA CGM miss deadline
Despite delays to the closing date, Chinese port operator says it failed to complete the transactions owing to the local...
|OCTOBER 5, 2021|
- MoLo wants to 'catch' CH Robinson via ArcBest ramp
- Virginia chassis modernization on track for 2022 completion
- Pandemic fueling digital forwarder funding momentum
- Forager targets cross-border contract freight with load board
- Improving supply chain resilience will offer competitive advantages
|OCTOBER 5, 2021|
- Capesize bulker rates break $80,000 per day amid supply crunch
- 'Popped eyeballs and nosebleeds': capesize freight futures rocket
- Analysts upbeat on Eagle Bulk dividend, but already looking for more
- Yara teams with JERA and Idemitsu Kosan for Japanese ammonia bunkering
- Navigator training Stena seafarers in readiness for LNG ro-ros
- Frosty winds of hope lift tanker mood as year enters final lap
- Western Bulk ups its 2021 profit guidance by $10m after 'solid' third quarter
- ICS joins call for net zero by 2050 but urges swift IMO action
- Greece's Aims targets tankers with debut product carrier buy
- LNG newbuilding orders for first nine months top total in 2020
- Celsius Shipping eyes LNG carrier newbuilding as fixture rates emerge
- Solstad sends seven 'irrelevant' vessels for green recycling in Norway
- Jinhui Shipping buys supramax bulker from AM Nomikos
- China imports thermal coal from Kazakhstan using capesize bulker
- Tufton says containership and bulker momentum slowed in September
- Hajioannou vindicated as Safe Bulkers fixes capesize for up to four years
- OSG clears debt maturities to 2024 with $325m Stonebriar loan
- Concordia seals refinancing of eight tankers, with two more to come
- Eneos Ocean returns to Kawasaki Heavy Industries to order LPG-fuelled gas carrier
- WinGD plots tri-fuel engines as it battles methane slip misconceptions
- Uptick in Russian crude provides ray of light for aframax tanker owners
- California oil spill won't impact boxship operations, says Port of Los Angeles
- HTK Shipping moves into ultramaxes with Hisamoto ship
- Record year for containership newbuilds as orders stack up
- Is Singapore's offshore scene set to ride market recovery?
|OCTOBER 5, 2021|
- Ship at anchor off California ports may have caused major oil spill
How will public view ships anchored off Los Angeles/Long Beach if one of them is tied to Huntington Beach spill?
- Dry bulk shipping rates hit $80,000 per day as buyers scramble for coal
Capesize bulkers haven't earned this much since 2009, and freight futures just made "monstrous" move up.
- Report: Sustainable marine fuels should meet expansive criteria
The Sustainable Shipping Initiative's recent report on marine fuels urges the inclusion of all aspects of sustainability, such as air quality, human rights, water, social...
- New DHL Express hub at Paris airport cuts delivery times
DHL Express is investing around the world in its international parcel network. A bigger Paris hub means faster package delivery.
- NTSB prepares to recover cargo jet from ocean floor in Hawaii
A cargo jet made an emergency landing in the ocean off Oahu this past summer. Investigators are now going to pull the wreckage off the...
- Israeli aerospace firm launches cargo conversion program for Airbus A330
More air cargo operators are interested in flying the Airbus A330 as a converted freighter and Israel Aircraft Industries has jumped in to produce them.
- Ocean delays turn desperate retailers to the skies, increasing emissions
There are two ways to transport goods overseas: ocean or air. Port congestion and shipping delays are forcing companies to shift to faster air transport,...
|OCTOBER 5, 2021|
- Low-sulfur and very low-sulfur fuel oil differentials drop sharply on the week
Power generating companies were observed to switch to fuel oil as a cheaper alternative, according to market sources. Until last week, fuel oil grade differentials have largely stayed range bound as the entire fuel oil complex pushed higher.
- OIL FUTURES: Crude extends gains on OPEC+ decision to stick with agreed output
Many market participants had assumed a bigger output increase was forthcoming, due to the ongoing supply tightness and the fact that additional demand for oil could be as great as 1 million b/d as some power plants switch to oil instead of natural gas, which has recently reached record high prices.
- INTERVIEW: Renewable hydrogen GO market hinges on demand growth: CertifHy
Green and low-carbon hydrogen guarantees of origin (GOs) are set to play an important role in fulfilling the EU's ambitious climate targets, but the slow start-up of renewable hydrogen production and uptake on the demand side is holding up the implementation of a European-wide certification system, Antti Kuronen, project manager of the CertifHy registry and issuing body, told S&P Global Platts.
- REFINERY NEWS: France's Feyzin adapts operations on some units after fire
According to union sources, cited in local media reports, operations have been scaled down, with 30% halted already and more could follow.
- China expected to announce clearer emissions reduction and peak carbon plans: executive
Clarifying the carbon peak and when it is to be achieved is a crucial step for China to realize its climate commitments.
- Several Iraq refineries shut down in September due to filling storage tanks
Iraq continues to import gasoline and gasoil to fulfill its domestic needs as much of its existing refineries are old and dilapidated or still being rehabilitated.
- Low-carbon hydrogen still needs large investments: ministers, trade body
Noé van Hulst, Chair of the International Partnership for Hydrogen and Fuel Cells in the Economy, or IPHE, which comprises of 21 member countries, said its members alone had $30 billion of public funds announced for stimulating clean hydrogen, which is a 10% increase over the previous six months.
- Oil supported at $75-$90/b in October 2022: commodity trading CEOs
Commodity markets have seen turbulent times in recent months and years. Dated Brent has swung from $85.51/b in October 2018 to $13.24/b on April 2021; its lowest since March 18, 1999.
- Delivered Zhoushan-Singapore Marine Fuel 0.5%S spread widens to 5-month high
Singapore has been well-supplied with low sulfur fuel oil bunker fuel amid lackluster demand for the delivered grade, which depressed the Singapore-delivered marine fuel 0.5%S bunker premium, industry sources said.
- FEATURE: High oil prices make conditions ideal for lending, but climate change risks a challenge
"Capital discipline has caught up with operators, their cash has built up, oil and gas prices are up and interest rates are still relatively low even though we see inflation coming," Paul Goydan, managing director and senior partner at Boston Consulting Group, said.
- ICE HSFO, LSFO open interest rises on uptick in physical activity for September
Pakistan, which has been a big buyer of 180 CST HSFO, had increased its fuel oil purchasing activity in the third quarter to make up for cancellations of spot LNG cargoes during peak summer season, according to traders based in the UAE.