|MARCH 8, 2021|
- APL US Flag service into Qatar
- APM Terminals Kalundborg now operational
- Bahri partnership company to oversee trade, handling & storage of grains
- Draught record broken at Port of Antwerp's Deurganck Dock
- GAC opens new office in Shenzhen
- Low retail inventories seen fuelling strong US container demand through 2021
- MOL enhances function of navigation system
- MSC ships record reefer containers in 2020
- PSA in Singapore improves facilitation
- Straits Orient Lines Singapore acquires two container vessels
- Finance Ministry urged to have a re-look at not allowing IGST for exports
- CMA CGM Group takes equity stake in key Spanish terminal
- UK ports seen suffering post-Brexit container logjams
- 'Maitri Setu' bridge connecting India & Bangladesh & providing better access to Chittagong Port to be inaugurated by the PM today
- Mahindra Logistics appoints Dr Anish Shah as Chairman
- UK announces locations of eight new freeports
- Hamburg Süd sells travel agency as part of focusing on core competency
- PCHAA conducts successful blood donation camp
- SCI vessel with all-women crew flagged off
|MARCH 9, 2021|
- Hungarian haulier secures its future
- Changiju for Eurasian investments
- Colombo Port grants concession
- Marszalek elected CEO for western Europe
- Amerijet: regional vaccine distribution
- Fourth destination in Southern Germany
- Groundbreaking on East Coast
- Strong links to Duluth and Minnesota
- Full speed ahead from Hong Kong to Europe
- Setback for inland shipping in 2020
- Aircraft engines flown from Siberia to Western Europe
- Gregory Distribution swallows Pollock
- "Curiosity of the Day"
- Rolling out LNG network in Europe
- Postpandemic commitment
- South Carolina Ports' COO "woman of the year"
- Smarter ports with 5G private networks
|MARCH 8, 2021|
- Air Canada Cargo boosts freight fleet while launching e-commerce service
- Time for (an inevitable) change - more women at the top in logistics
- 'Nightmare' for hauliers as demand swamps landside services at port of Liverpool
- Seko spreads China footprint and eyes more acquisitions to expand further
- As ocean rates soften, Davies Turner cuts prices for in-demand China-UK rail services
- UK ports plead for more time to build border posts for new customs procedures
- Transport specialist Maureen Bannerman is APMT's new MD in Bahrain
- David Bang appointed executive VP of global pharma & healthcare at JAS
- Market Insight: Fuelling anger, the box lines add insult to injury
|MARCH 8, 2021|
- Callan launches new Marine Construction Division
Galveston, Texas, headquartered Callan Marine has recently launched a new Marine Construction Division, providing a broad range of turnkey marine, civil, and specialty construction services along the Gulf Coast. Serving both public
- Containership leasing giant continues newbuilding spree
Within days of its last foray into the newbuilding market (see earlier story), containership leasing giant Seaspan Corporation has resumed its buying binge, announcing today that it has entered into agreements with
- Navy awards cable ship replacement studies contract
BMT reports that it has been awarded a prime contract to conduct industry studies for the U.S. Navy's T-ARC(X) cable ship replacement program. The contract consists of capability and cost trade studies
- Vineyard Wind project takes a big step forward
In what Liz Burdock, president and CEO of the Business Network for Offshore Wind calls "the day the U.S. offshore wind industry has been anxiously awaiting for years," the Department of the
- Stena Bulk concept "could be as impactful as containerization"
Able to carry both dry and wet cargoes in modular compartments, an ultra-flexible, zero emissions design unveiled by Gothenburg, Sweden, headquartered tanker operator Stena Bulk pushes many boundaries. In an advance that
- Golden Ray: Cutting begins on Section Two
The St. Simons Sound Response team has now started operations to remove Section Two of the hull of the capsized car carrier Golden Ray, which is being sliced into eight giant sections
|MARCH 8, 2021|
- Shipping needs 5% zero-carbon fuels by 2030 to meet green goal
A study by the Getting to Zero Coalition suggests that zero-carbon fuels need to account for 5% of international shipping's...
- Clarksons takes hit from capital markets
Shipbroker reports impairment charge of more than $83m related to 2015 purchase of Platou Group
- Opposition aims to boost UK shipping sector to win votes
'Allowing people to access high-class jobs in the sector and remain in their homes without having to move to big...
- Ten hostages released from hijacked mothership
Pirates released 10 people taken hostage a month ago from the Chinese fishing boat Lianpengyu 809 off Gabon in the...
- Wallenius Wilhelmsen chief leaves company
Wallenius Wilhelmsen chief executive Craig Jasienski has left the company after 30 years with the group. Chief financial officer Torbjorn...
- Lloyd's List Webinar: How to digitalise shipping
The first in a series of Future of Shipping live events gathers industry leaders to discuss a more hard-headed approach...
- Hafnia looks for 'windows' of rate improvement after loss
Hafnia's time charter equivalent earnings of $104.3m for the fourth quarter of 2020 equated to an average of $12,400 daily...
- Container volume growth muted despite sky-high rates
Volumes in January fell sharply against the final month of last year, suggesting the upward trajectory of freight rates on...
- Cosco earnings boosted by box shipping markets
Demand for Chinese containerised exports has declined while the slot shortage on some routes has eased, according the latest Shanghai...
- Improving ESG is all about corporate culture
Companies looking to embrace environmental, social, and corporate governance risk management should make sure to bring the organisation and culture along...
- Höegh LNG poised for $212m privatisation in deal with US bank
Leif Höegh & Co partners with Morgan Stanley to buy the remaining 50.4% of Norway's liquefied natural gas specialist, whose...
- From the News Desk: Why shipping's future requires 20/20 vision
Shipping has long been content to keep its inner workings out of sight. This must change
- UK empty container stockpile continues to grow
Despite a shortage of much-needed empties in export markets, containers are piling up in the UK. Post-Brexit export delays in...
- Seafarer mental health issues on the rise, study finds
Mental Health Support Solutions managing director Charles Watkins said mental health directly impacts safe operations of a vessel. There could...
- Daily Briefing
Free to read: Shipping's 'big three' account for almost 80% of CO2 emissions | Charterers challenged over 'no crew-change' clauses |...
- LNG import projects ramp up in the Philippines
The race is heating up among project developers to lay claim to the first LNG import terminal start-up in the...
- Biden's $1.9trn stimulus package will boost trade to US ports
The movement of the bill through Congress came as China said its exports rose by more than 60% in January...
- Yangzijiang signs contracts for 31 vessels worth $1.7bn
Yards in China and South Korea are the beneficiaries of the recent uptick in container shipbuilding orders
- Saudi Arabia says Ras Tanura oil terminal unscathed by drone attack
The latest in a spate of assaults claimed by Houthi rebels from Yemen has driven the price of crude to...
|MARCH 8, 2021|
- Post-storm intermodal congestion in Dallas could last a couple of more weeks
- Expecting record sales, US retailers up import projections
- Strong demand, rates drive big gain in Cosco's 2020 profits
- New investment firms broaden funding options for logistics startups
- Detention and demurrage charges rise as regulators circle
|MARCH 8, 2021|
- Women of steel: female top executives in charge of major owned fleets
- Oshima close to acquiring Mitsubishi Heavy's Koyagi shipyard
- Hafnia looks to second half for relief after loss-making end to 2020
- MOL, NYK Line and K Line set to share $500m ONE dividend
- Clarksons takes $84m finance and offshore hit, but broking stays strong
- Men just need to see us in action, says female captain
- Ammonia producer OCI ties up with Hartmann and MAN on shipping
- Britannia's Binnendijk says more needs to be done on gender equality
- Pangaea Logistics continues fleet renewal with panamax buy
- Key Saudi crude export hub 'undamaged' after Houthi rocket attack
- Bookfield hires Citi and DNB to search for partners to Altera
- Johan Sverdrup exports to favour aframaxes and suezmaxes
- Winter brings 'red hot' spot rates to ice-class ships
- Captain of ArcelorMittal bulker fined after fuel spill
- SCI claims world first with all-female officer team on tanker
- Tanker owners can enjoy 'long-term gain' despite false Opec+ hope
- Petredec doubles up on VLGC newbuildings in China
- AG&P gets greenlight for FSU-based Philippines LNG terminal
- Game-changer: Stena Bulk enters combi carrier arena with new modular zero-emission design
- Sinokor to sell two VLOCs for scrap as prices continue to firm
- Hafnia eyes sale of older ships to clear the way for dual-fuel tankers
- Ardmore fixes eco MR tankers to Weco Tankers and Clearlake Shipping
- Clarksons pays tribute to colleagues who have died during pandemic
- Baltic's key VLCC index hits record low with tepid activity and expensive bunker
- Tidewater confident the worst of Covid-19 is behind it
- CEO Craig Jasienski exits Wallenius Wilhelmsen as CFO steps up
- Enesel doubles down on LR2s with $100m Daehan deal
- Leif Hoegh & Co aims to take Hoegh LNG private in $214m tie-up with Morgan Stanley
- Jinling bags four-ship bulker order worth nearly $100m
- Singapore aims to be shipping's Silicon Valley as it eyes $15bn in inward investment
|MARCH 8, 2021|
- Port of Virginia wins $15M contract for military cargo
The Port of Virginia has recaptured some U.S. military business it lost over the years.
- Career Tracks: GreyOrange, Aim Transportation and Duluth Seaway
"We are solving meaningful business challenges with innovation and passion," says GreyOrange Chief People Officer Ramya Sampath Sharma.
- California port pileup leaves old records in the dust
How does California congestion rank versus 2015 logjam caused by tensions with dockworkers union? It's not even close: 2021 wins by a long shot.
- Among Piers: South Carolina Ports COO Woman of the Year
"As we continue to recover from the COVID-19 pandemic, now is the time to accelerate our throughput and growth," says Pennsylvania Gov. Tom Wolf.
- Pilots ask FedEx to halt Hong Kong layovers over COVID rules
FedEx pilots want the company to stop releasing crews into Hong Kong for rest periods because of aggressive testing and quarantine restrictions that subject them...
- FreightWaves Flashback: Lessons from the Puerto Rico oil spill
1994: Those involved in response to the 600,000-gallon spill reflect on their efforts.
|MARCH 8, 2021|
- Europe and Africa residual fuel -- key market indicators this week
**Demand for marine fuel in Asia continues to buoy LS cracks **Hi-5 crack spread has narrowed a little
- Alfa Laval, Man Energy to launch large-scale tests for methanol in marine diesel engines
**Other alternative fuels, like LNG, currently more popular **Methanol an expensive option at present
- AMERICAS BUNKERS: Key market indicators March 8-12
**Houston dealing with post-storm congestion **Vancouver market tracks stronger Asian segments
- Saudi Arabia discipline pushes OPEC+ crude output to 4-month low in Feb: Platts survey
**OPEC pumps 24.86 mil b/d in Feb, non-OPEC adds 12.97 mil b/d **Saudi Arabia produces 8.13 mil b/d, fulfilling extra cut pledge
- South Korea's bunker delivery tightness start to ease as weather improves
**Bunker delivery in South Korea had been delayed since end-Feb **China's Zhoushan still experiencing delivery disruption
- Hafnia upbeat about product tanker market in second half
Product tanker operator Hafnia said March 8 that things were currently not the easiest in the market, but that it was upbeat about prospects in the later part of the year.
- NWE gasoline crack surpasses 0.5% marine fuel for first time since Sept
**NWE front-month gasoline crack recently assessed at highest level since July 2019
- Sustainable aviation fuel rollout to gain momentum in Asia but hurdles remain
**SAF costs limiting widespread adoption **Government aid, loans, R&D likely to boost SAF use
- Asia middle distillates: Key market indicators this week
Healthy gasoil export volumes from China for March may see supply outpacing demand.
- Asia residual fuel market: Key market indicators this week
Singapore's supply of low sulfur bunker fuel remains sufficient to meet demand during the week of March 8, bunker traders said.