|SEPTEMBER 21, 2021|
- Draft interim guidelines for ships using fuel cells agreed by IMO Sub-Committee
- MOL Group adopts car carrier operation digital transformation promotion project
- MSC enhances Europe to US East Coast service
- NYK conference focuses on dry bulk vessel safety
- Singapore offers vaccination to seafarers
- Soymeal export down
- Abu Dhabi's AD Ports Group to provide transportation & maritime expertise to Iraq
- CCI approves APSEZ acquiring AP govt stake in Gangavaram Port
- CEVA opens temperature-controlled airfreight station in Singapore
- Container trailer operators oppose CPP charges & empty container offloading charges at nominated yards
- Lufthansa Cargo offers all customers CO2-neutral freight shipments
- PLI scheme for drones & drone components approved
- India's GDP seen hitting four-year high in 2021
- India climbs two spots to 46 in Global Innovation Index 2021
- Kushinagar Airport declared as Customs notified
- SCI organises 4th Covid-19 vaccination drive
|SEPTEMBER 22, 2021|
- Rolling motorway to link UK with Mediterranean
- One more pharmaceutical warehouse in Poland
- Electrifying Australia's parcel deliveries
- Self-controlled cargo flights from Riga
- A further link between Sardinia and Italy
- Crowley picks Massimo Messina
- Slovenian railway rebranded
- Green light for CST
- HHLA places Chinese on board
- Port of Barcelona chooses Luis Puzo
- Cause of plane crash still unknown
- K Line's new seven sisters
- "Curiosity of the Day"
- More and more bulk ferrous metal by rail
- EUR 33 million freight terminal at Bologna airport
- 60 years euro pallet and 30 years Epal
- New logistics facility in Bremen
|SEPTEMBER 21, 2021|
- LA & Long Beach ports extend gate hours to curb congestion
- Truck strike across Bangladesh sees Chittagong port come to a standstill
- Lack of air capacity out of HK and Shanghai sparks peak season concerns
- Yang Ming's ad hoc sailing puts focus on ME Gulf vessel redeployment
- Truckers' tinder service could plug industry's driver gap
- Shipping is shifting into green mode with emission mitigation systems
- Ligentia solidifies growth strategy with new board member
- New EU road rules 'unfair and will increase emissions' says report
- Shipper radar: 'It's a joke'? Take Tyson Foods, another FMC advisor (2 of 5)
|SEPTEMBER 21, 2021|
- WinGD takes ecosystem approach to marine decarbonization
Engine developer WinGD has developed a range of solutions that use digital vessel optimization and battery-hybrid energy systems to improve the energy efficiency and future fuel flexibility of its two-stroke engines. "Our
- Clean Energy joins World Fuel Services to supply LNG for Pasha newbuilds
Clean Energy Fuels Corp. (NASDAQ: CLNE) announced it expects to supply World Fuel Services, Inc. with an estimated 78 million gallons (about 300,000 cubic meters) of liquefied natural gas (LNG) annually to
- Abandoned cargo: Growing risk
While major cargo shippers are going to the FMC with their irritations over port delays and rising detention and demurrage charges, shippers at the lower end of the spectrum may take another
- Going big on bubbles, MSC orders 30 air lubrication systems
Hull air lubrication specialist Silverstream Technologies has won orders for more than 30 of its systems for installation on large containerships on order for MSC (Mediterranean Shipping Company). The order relates to
- VIDEO: Could unmanned rescue vessels save lives in offshore wind sector?
Edinburgh, Scotland, based start-up Zelim has taken a significant step forward in its plans to develop a complete lifesaving system for the offshore wind industry. The company (formerly called Offshore Survival Systems)
- Fairbanks Morse Defense expands leadership team
Beloit, Wis., headquartered Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, has added two more executives to its leadership team. Crystal Brent joins the company as vice president of marketing.
- Jotun cites EU MRV data to support carbon reduction claims
Sandefjord, Norway, headquartered coatings specialist Jotun says that a new study based on European Union Monitoring, Reporting and Verification (MRV) data shows that cargo vessels using Jotun Hull Performance Solutions (HPS) reported
|SEPTEMBER 21, 2021|
- Call for market-based measures by 2025 to ensure shipping hits 2050 green target
Coalition of over 150 companies also demand that governments support industry on a national level by setting domestic shipping decarbonisation...
- Imports of LNG down 75% as UK energy crisis deepens
Most Middle East Gulf and US cargoes are sailing for Asia as gas prices hit fresh highs
- Pistiolis sells final two VLCC newbuilds to TOP Ships
Company already owned 35% of 300,000 dwt tanker pair, that are chartered to Trafigura for at least three years upon...
- PB Tankers 'back from brink' after sanctions delisting
Things got so bad suppliers declined to deliver fresh food to ships at anchorage, for fear of being sanctioned for...
- Why COP26 matters to shipping
Regulatory uncertainty may be trumping climate urgency as shipping stumbles in the race to zero, but the maritime sector must...
- ONE chief calls for better infrastructure
Shipping, and box shipping in particular, can boost the recovery. But container carriers can not solve terminal and inland infrastructure...
- Capesize rates shrug off China concerns to set new high
The average weighted time-charter for five leading routes rose to more than $56,000 per day at the close on the...
- Boxship congestion continues off US west coast
Ships are arriving at the US west coast faster than their contents can be processed through the system. And with...
- Cosco to acquire a 35% stake in Hamburg terminal
Chinese terminal operator said Hamburg investment will help deliver stable earnings and maximise its business synergy with carriers
- Supply chain reconfiguration requires green targets
As supply chain managers adapt themselves to the green agenda, the shipping industry must beware a possible reduction in long-haul...
- Singapore minister backs carbon tax to curb shipping's emissions
Real global transformation will require the International Maritime Organization to take the initiative, and to align its policies and procedures...
- Daily Briefing
CMA CGM confirms data leak after cyber attack | Shipping needs to be vigilant over cyber risks | Green loan...
- K Line expands dual-fuel car carrier fleet
The newbuilding project is part of K Line's initiative to cut fleet carbon dioxide emissions by 50% over the next...
|SEPTEMBER 21, 2021|
- Truck tonnage rising as demand intensifies: ATA
- Agricultural exporters plead for more Oakland services
- Air cargo rates near 2020 record on ocean demand shift
- Automation to deliver spot truckload savings: C.H. Robinson
- Convey acquisition enhances project44's last-mile visibility
- Cosco Ports grows European footprint with Hamburg terminal stake
- High and heavy cargoes push up European ro/ro volumes
- Reefer shippers tap new tech as congestion extends transits
|SEPTEMBER 21, 2021|
- LNG suppliers align for first US west coast bunkering operation
- Transworld Group continues foray into dry bulk segment
- Pangaea's Ed Coll out sick while interim CEO takes reins
- Iron ore shipping costs may 'force air pocket' over capesize bulker spot rates
- NGO calls for Turkish ship breaker to be closed after more deaths
- MSC orders 30 air bubble systems from Silverstream
- Qatar lines up first yard slots for LNG newbuilding haul
- CMA CGM takes bullet in rate war but gets to be hero, broker says
- Societe Generale finances Clarksons Platou's hybrid PSV conversion
- EMSA and Spain use drone to identify sulphur emitting ships
- Private equity owners put Premuda-managed MR tanker quartet up for sale
- Monjasa takes on 10 trainees after being swamped with applicants
- New rules bring LNG sector to a fork in the road
- BHP: Supply chain congestion is eating up 15% of global bulker capacity
- 'Steady progress': Danish flag growth outstrips European Union average
- Cosco and the US in talks to revive Sudan Shipping Line
- CMA CGM reports data leak a year after previous cyber-attack
- NYK Line buys into Australian forestry outfit to offset emissions
- K Line jumps on LNG-fuelled car carrier bandwagon
- ESL heads to India for six hybrid electric bulker newbuildings
- Stena Line plots world's first fossil fuel-free ropaxes by 2030
- Containership newbies charter vessels to 'save Christmas'
- Turkish deals leave S&P and newbuild markets in a spin
- Capesize rates should 'maintain strength' despite China steel slump
- Alexander Hansson buys Nordic American Tankers shares amid stock sell-off
- HPH Trust eyes second $500m bond issue in 2021
|SEPTEMBER 21, 2021|
- Night moves: Long Beach begins trial of extended-hour cargo pickup
One of the largest container terminals in Southern California is testing a system for 24-hour cargo pickup.
- Just how many containers of cargo are stuck off California's coast?
Southern California ports would need two weeks with zero vessel arrivals to clear logjam - but the ships keep coming.
- Reverse thrust: Strauss to remain Amerijet CEO after reconciliation
CEO Tim Strauss and Amerijet's board kiss and make up. He will continue to run the company.
- Port Houston sets monthly cargo record in August
Port Houston saw a spike in imports and exports of steel and imports of general cargo during the month.
|SEPTEMBER 21, 2021|
- FEATURE: Petrobras to retain over half of fuel oil, bunker production in Brazil after refineries' sale
The scheduled sale of eight of its refineries would leave Brazil's state-led oil company Petrobras in control of around half of the country's annual production of fuel oil and bunker fuel, according to data from the country's National Agency of Petroleum, or ANP.
- Maersk fuel partner sees ample feedstock for bio-methanol bunkers
Bio-methanol for bunker fuel developed from municipal waste has ample feedstock to draw on despite concerns that as a biofuel it raises issues of availability, according to Trevor Neilson, CEO of renewable fuel developer WasteFuel.
- Lawmakers ask Biden to consider RIN market reforms to aid independent refineries
A group of Pennsylvania Congress members are seeking federal government intervention to preserve refining capacity in their state that they say is threatened by the high price independent refineries are paying to comply with the Renewable Fuel Standard.
- Vitol launches ARA bunker services
Commodity trader Vitol, which launched its bunker trading arm Vitol Bunkers in May, will offer bunker supply services at the Amsterdam-Rotterdam-Antwerp hub from Oct. 1, the company said Sept. 21.
- OIL FUTURES: Crude closes higher on weaker dollar; market eyes near-term growth risks
Crude oil futures finished higher in a volatile session as a weaker dollar and rising costs for alternative fuels backstopped markets despite near-term growth risks.
- Renewable Energy Directive objectives have not delivered: ePure
"The progress so far is that close to 9% of energy in transport is from renewables, but we started in 2009 at 4.6%," Emmanuel Desplechin, said Sept. 21 at the S&P Global Platts European Biofuels Virtual Conference.
- Dutch CCS project scrapped after Tata Steel opts for hydrogen DRI production route
"The expected Tata Steel CO2 volume available for the Athos project was the basis for its conceptual, technical and economical considerations," Athos said.
- OIL FUTURES: Crude prices edge higher on robust prompt oil demand, constricted US Gulf output
While concerns over the outlook for oil demand and demand for refined products into the start of autumn have exerted downward pressure on oil prices recently, prompt demand remains robust as travel restrictions are eased in Europe and the US.
- Gidara Energy's biofuels plant in Amsterdam to start operations in 2023
The high-pressure gasification technology takes feedstock such as wood waste, sewage sludge, wastepaper, agricultural residue and municipal solid waste and can produce a range of end-products such as methanol, bio-diesel, MTBE, green hydrogen, bio-ammonia and others.
- GASTECH 2021: Bullish prices for suppliers could temper long-term LNG demand
"I think current prices, if they continue, they will be a burden on many countries and we will not see the demand side on the long-term be ready to take such prices," UAE energy minister Suhail al-Mazrouei told reporters on the sidelines of the conference.
- CEC, CNC carbon assessments spread narrows on rising interest in CORSIA credits
The spread has narrowed primarily because of the surge of prices in the CORSIA space.
- Shell to develop energy parks to focus on waste-based, low carbon-based feedstocks
Shell's target is to reduce its CO2 emissions by 30% by 2030 and become a net-zero emissions business by 2050.
- UAE energy minister sees oil market 'in a very good position' from OPEC+ management
"We will always keep the market balanced, so if we are required to pump more to keep the market balanced, we will do so, but that is something we will study with all the countries," he told S&P Global Platts on the sidelines of the Gastech 2021 conference in Dubai.
- CHINA DATA: Refineries maintain high oil product yield despite throughput falls
The high oil product yield was a result of three factors, intensive competition in chemical market, independent refineries' effort to report production properly and to make up the reduction in oil product supplies from blending pool, refining sources said.
- South Korea 380 CST high sulfur bunker fuel premiums hit 8-month high on tight supplies
HSFO supplies at South Korea are now tighter with only GS Caltex able to provide HSFO for bunker delivery, a South Korea-based trader told Platts on Sept. 21.
- Zhoushan ex-wharf Marine Fuel 0.5%S bunker premium hits new high on supply tightness
Supplies have been getting tighter in the Zhoushan ex-wharf 0.5%S marine fuel market due to decline in domestic low sulfur fuel oil production, market sources said.
- Hong Kong 380 CST high sulfur bunker premium hits 11-month high on tight supply
"A cargo was supposed to arrive yesterday but it was delayed. It is likely to remain tight until Sept. 28-29," said a Hong Kong-based bunker trader Sept. 21. "Hong Kong is a dependent market."