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| JUNE 20, 2016 |
- A-E rate falls 17.9pc to US$540/TEU, off 16pc to Med ports, down 5pc to USWC
- CMA CGM announces multiple rate increases to US$300/TEU mid-July
- Seaspan rebuffs Hanjin's plea for 30pc cut in charter rates as 'illegal'
- US regulator urges carriers to accept port operator's figure as VGM
- Risks mount as expanded Panama Canal drives up value of insured cargo
- NYK takes part in study to develop LNG bunkering hub in Yokohama
- Ministry, Tokyo exchange names NYK 'competitive IT Strategy Company'
- Mergers transform logistics landscape: A&A report says
- Indian Shipping Minister eyes US$1.9 billion profit from marine holdings
- Atlas Air pilots picket outside NASDAQ while management meets investors
- Rio become latest member of Delta Cargo's Pharma 4 club
- Brussels Airport's cargo traffic bounces back from March terror attacks
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| JUNE 18, 2016 |
- All Care Logistics emerging as leading integrated logistics solutions provider
- Contract East-West freight rates fall again
- Seamen Welfare Organisation appoints Directors in India
- Swiftline Global Logistics celebrates two years of successful operations
- Transhipment of goods meant for North-East through Bangladesh commences
- APM Terminals Inland Services, South Asia signs contract with Volvo in Chennai
- Kandla liquid tank terminal players raise their concerns with Shipping Secretary
- MbPT reduces port charges for coastal RoRo service
- Container train service from Chennai Port to Hyderabad flagged off
- Gadkari proposes logistics parks alongside ring roads, bypasses to boost multimodal transport
- Inaugural time-tabled container train flagged off from Delhi to Bangalore
- Bids invited for import of maize
- CBEC revises tariff value of several commodities, including edible oils & gold
- Export duty seen making outbound sugar shipments unviable
- Fieo President hails non-oil exports moving into positive territory
- Govt to extend import levy on wheat
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| JUNE 20, 2016 |
- From London to Singapore?
- New logistics project in Madrid
- New trailer expands heavy haul capabilities
- New southern German AEO
- YVR airport certified safe for salmon
- Weight of Russian freight trains reaches record high
- Cargo sailing ships coming back?
- US railroad investing in infrastructure
- New cargo system for KLM Cargo
- Property developer appoints SVP for US west coast
- Five Japanese lines going for scrubbers
- New container train introduced in India
- From one trade fair to the next
- Re-established in South Africa
- NYK going offshore
- Hapag-Lloyd selects agent in Madagascar
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| JUNE 17, 2016 |
- Havensight Capital plots bid for controlling FreeSeas stake
- Teekay Offshore seals USD200 million capital raise
- Insurers look to drive cyber standards across marine sector
- US mariner training sidelined by sexual assault dangers
- Sovcomflot in USD260 million financing deal to cover Yamal LNG newbuilding
- South Korean bunker suppliers eyeing overseas business
- Sewol salvage works hampered by bad weather
- Financial rewards await carriers making better use of big data
- Grieg Star finalises USD400 million refinancing agreement
- Hanjin faces tough negotiations with Seaspan
- Container spot market slides as carriers prepare for huge hikes
- COSCOCS makes bulk shipping debut
- One Belt One Road to provide USD1.2 trillion in new infrastructure financing
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| JUNE 17, 2016 |
- Troubled Korean container lines blamed for 'surprise' drop in Asia-Europe spot rates
- New technology may point the way freight forwarders can pull back eroding margins
- Analysis: Wincanton, a rare beast eyeing a bite from potential suitors
- Picture Special: London Gateway gets a lift as new cranes arrive for Berth 3
- FedEx settles 'seismic' contractor mislabel case
- Hanjin Shipping setback as Seaspan opposes fee cut
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| JUNE 17, 2016 |
- Wartsila welcomes SUNY Maritime students to Trieste
- Port Security: Port of Long Beach's virtual port
- Azimuth thrusters change the way operators move cargo
- VGM: FMC Chairman says just use weight determined at gate
- Best practices in choosing and maintaining EALs for marine applications
- Tugs & Barges: Evolving with the market
- USCG creates job aid for LNG fuel system inspections
- Shipyards struggle amid market downturn
- Threats grow, but so do Navy ship costs
- Orders for new ships slow, but U.S. owners active in sales and purchase
- LCS 6 completes first full ship shock trial
- A return to its maritime roots
- How are tankers valued?
- USMMA suspends traditional Sea Year
- John Parrott named President of Foss Maritime
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| JUNE 17, 2016 |
- Ceremony celebrates christening of pair of new Tidewater towboats
- Portland Airport advisory board schedules June 22 public meeting
- Crowley presents scholarships to Maine Maritime Academy students
- Port of Everett continues string of consecutive clean audit reports
- DOT selects members for port performance group
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| JUNE 17, 2016 |
- Keeping it together
What have we learned in the months of campaigning from the remain and leave lobbies?
- EU referendum: The shipping case for remain
Ahead of the UK ballot, remaining in the EU seems the best outcome for shipping
- US east coast ports box volumes slump
Two major east coast ports report last month's total volumes down year on year
- DHT beats Euronav to top spot in tanker table
Lloyd's List quarterly review shows VLCC owners are still top performers
- Forget the Greeks, welcome to Copenhagen
Danish capital tells you all you need to know about shipping and its trajectory
- Attica joins Moroccans in new Africa-Europe ferry venture
Greek company holds 49% of AML, which launched a new service to Algeciras on Friday
- Spot market's downward trend continues
SCFI shows further rate declines on the Asia-Europe and transpacific trades
- Negotiating the UK's future relationship with the EU
Our marine, aviation and transport insurance sector will not be significantly affected by the UK leaving the European Union
- Rainbow Heavy Industries shuts offshore technology unit
Chinese company suffered heavy losses from offshore in 2015
- VLGC rates low but no fear of collapsing below opex
Conference stifles chartering activity and rates stay in $25 per tonne range
- FMC chairman urges carriers to tap existing box weighing procedures
US maritime regulator head pushes for streamlining of VGM information transmission
- The three final alliances
We have now seen the inevitable conclusion to the shuffling of the carrier deck, with the remaining alliance carriers forming a new alliance
- Evergreen secures 20-year lease extension of Colon Container Terminal
Approval comes ahead of Taiwanese president Tsai Ing-wen's visit for formal opening of expanded Panama Canal
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| JUNE 17, 2016 |
- Volume declines at top three US Southeast ports
- More draft restrictions squeeze three Santos container terminals further
- Canadian preclearance bill would speed cross-border traffic
- Report: Seaspan rejects Hanjin's proposed charter rate reduction
- Trans-Pacific spot rates drop again, despite back-to-school restocking
- Grieg Star completes $400 million refinancing
- US lawmakers demand more Customs staffing to handle import growth
- Box Ships inks deal to postpone loan repayments
- US ag exporters demand port reliability to regain market share
- Chennai port makes strides in fight against truck congestion
- More funding lifts China's Belt and Road strategy to $1.2 trillion
- Huge Asia-Europe GRIs in the works ahead of peak season
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| JUNE 17, 2016 |
- Judge OKs Eagle's seizure from Navig8
New York federal judge issues order allowing owner to grab $1.42m; fourth case launched in Pennsylvania.
- FMC weighs in on new boxship rules
Regulator says ports and shipping lines mostly responsible for box weights.
- Teekay Offshore rockets on cash play
Shares surge by more than 20% after reaching key milestone in string of financial initiatives.
- FreeSeas receives Quixotic tender offer
Athens-based owner owner not joining private equity firm that makes footie gear
- KfW swaps shipping head in musical chairs
Major export credit bank puts Holger Apel in charge of maritime as Carsten Wiebers moves to aviation and rail.
- Star Bulk sets ratio for reverse stock split
Athens-based owner makes move push share price above $1 threshold for listing.
- Attica enters joint venture with BMCE Bank
Greek ferry owner will deploy up to two ships to serve routes between Morocco and Europe.
- Clarksons Platou dims 2016 tanker rates
Analysts say this year is the soft part of a longer-term strong cycle.
- Clipper stays mute on Norden bulker link
Danish owner quiet on rumours linking it to four handysize ships from rival.
- Teekay Offshore seeks $200m from investors
Peter Evensen says move is the most important part of its ongoing financing initiatives.
- Seaspan chief holds firm in Hanjin talks
Gerry Wang sticks to his guns in Seoul meeting, stressing rate cut will not be negotiated.
- Sovcomflot secures $260m Yamal loan
Russian owner signs new facility with VTB Bank to cover Arctic newbuilding.
- Kildahl explains Grieg Star loan success
Chief financial officer discusses $400m refinancing package, says it fits careful approach.
- Mitsui OSK sells block of Meiji stock
Japanese giant offloads a portion of shares in compatriot bulker and tanker owner.
- CMES pockets state scrapping subsidy millions
Chinese owner continues to receive sizeable government funds for scrapping ships domestically.
- Hyundai Glovis faces US shipping restrictions
Analysts see little impact on shipowner's revenue from calls to use US-flagged tonnage.
- Zhonggu Shipping debuts on NEEQ OTC exchange
Domestic focused Chinese container carrier completes IPO on China's "New Third Board".
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| JUNE 17, 2016 |
- Industry groups urge FRA to abandon two-person train crew rule
- 3PL adds Charleston warehouse dedicated to forestry products
- Metals shipper pleads guilty to illicit exports to Iran
- Long Beach to increase availability of emissions treatment for vessels
- Seaspan rejects Hanjin charter rate cut
- Crude oil prices fall to lowest level in a month
- FedEx settles driver misclassification suit for $240m
- Executive Moves: Starbucks, DHL and Foss Maritime
- FMC chairman urges use of terminal scales to meet SOLAS VGM requirements
- Moran Transportation acquires Mats Trucking
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| JUNE 17, 2016 |
- TENDER DATA: India's IOC sells 35,000 mt of 380 CST HSFO for July 10-12
- CHINA DATA: May oil product output rises on year despite flat refinery runs
Strong increase in fuel oil output raises doubts among analysts, traders and refiners.
- Tight NWE low sulfur fuel oil market at five-month high vs well-supplied HSFO
LSFO demand has increased as utilities in the East Mediterranean cope with a seasonal rise in power use.
- Oil futures extend declines as Brexit fears overwhelm market
The US Dollar Index traded as high as 95.3 Thursday.
- Greek marine services company Franman sets up bunkering division
Franman is based in Athens.
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