|APRIL 4, 2017|
- One more shuttle - two a week
- A facility with a future
- US railroads deeply connected to international trade
- Loan to support development of fuel efficiency CV
- Enlarging capacities
- Upswing for Yuzhny port in Q1
- Steve Scalise receiving "Port Person" award today
- American Airlines expands capacity to San Juan
- Joining aerospace network
- Biggest Dreamliner takes to the skies
- Gunn recruited as Gefco VP freight forwarding
- Cyclone Debbie cripples coal trains in Australia
- Greenock ocean terminal is ambitious
- 3 PL company forms new unit
- Emirates Skycargo ensuring freshness
- New locomotives extend portfolio
- John Jergens joins Crane Worldwide
- Plans for new warehouse in port of Marseille
|APRIL 3, 2017|
- How DryShips is using dilutive stock sales to transform its fleet
- Norway scuppers reefer shipping and logistics merger
- Marenave restructuring gets nod from banks
- Chinese in race for HSH Nordbank privatisation
- Stellar Daisy broke in half, claims survivor
- Hyundai HI to spend over USD3 billion on research and development
- MOL to rethink operations as earnings improve
- Skies clear in product tanker sector, but prospect of false dawn looms
- India's Adani eyes new port in Malaysia as extension of Port Klang
- Singapore, Japan's port sectors strengthen bilateral ties
- Yangzijiang boosts orderbook by USD318 million in first quarter
- Baltic Dry Index up despite impact from cyclone Debbie
- Mitsui Engineering & Shipbuilding to divide businesses
- Samsung HI's labour union puts wage talks on hold, to work with management
|APRIL 3, 2017|
- UK rail network revamp guarantees capacity for future freight growth
- The LongRead: Heathrow, falling in love with cargo again
- US east coast ports winning the battle to bring in Asian exports
- Analysis: can Yang Ming raise enough cash in time to prevent it sinking?
- Whitehall thumbs-up for Trailblazer forwarder group apprenticeships
- Air cargo growth outpacing trade as upward trend continues
- The shame of shipowners as Germany tops list for worst scrapping practices
- Matternet cleared to fly blood samples in delivery drones over Swiss cities
|APRIL 3, 2017|
- VIDEO: SSN 787 successfully completes sea trials
- ABB teams with Presserv on vessel stacking service
- Latest Algoma Central Equinox bulker is headed for Canada
- Oldendorff drives digital revolution with BMT
- ABS grants GDA approval to HHI LNG fuel tank design
- Indian dhow hijacked by Somali pirates
- Shell to supply fuel for first LNG powered Aframaxes
- TMC compressors picked for newbuild VLCC duo
- Ecochlor files for BWTS USCG Type Approval
- Minerva Marine opts for Wartsila for tanker BWMS retrofits
- Hyundai Heavy extends MAN two-stroke license agreement
|APRIL 3, 2017|
- Seago profits slashed by half
Maersk Line's shortsea specialist sees profits fall to $75m as rates reach an 'unsustainable level'
- Cosco Shipping close to inking Walmart transpacific contract terms
Ocean Alliance members expect improved Asia-US rates this year after record lows in 2016
- Lloyd's List Americas Awards 2017 finalists announced
Awards recognising the best in shipping in North, South and Central America to be announced at a gala evening in New York City next month
- New alliances fail to reassure European shippers as cargo backlog grows
ESC expresses concern that delays on the backhaul Europe-Asia trades could be a sign of things to come in new alliance era
- German owners on the brink
Non-operating owners are running out of options
- Epic Gas refinances 14 LPG carriers with new $90m facility
Gas-carrying company now has no refinancing requirements until 2019
- Bureau Veritas' Donche-Gay promoted
Mr Donche-Gay will lead the class society's digital-led business transformation
- Sabine Pass exports 100th cargo of LNG
Cargoes from US Gulf should soak up tonnage and improve rates for vessels
- Rates below Frontline's breakeven, but over operating costs
VLCC volatility in action as earnings at year-to-date lows, down from $50,000 per day in January
- Brexit boost for UK steel to increase handysize demand
UK's exit from the EU will increase steel imports which will, in turn, raise demand for geared vessels
- HHI to invest $3.1bn in R&D
HHI aims to allocate about 6%-7% of its annual sales to product research in the longer term
- AET plans LNG fuel option for half its fleet
Tanker operator's move is the single largest commitment to LNG propulsion by a major shipowner so far
- KHI to shift merchant shipbuilding to China
Japanese businesses to suffer 30% cuts in order to focus on gas vessels
- Singapore and Japan deepen collaboration in port sector
Areas of co-operation include port planning, port management and technological development in the port sector
- Shipowner action on sulphur cap still a year off
Wärtsilä chief expects investment decisions on fuel-switching technology and scrubbers from 2018
- Yangzijiang clinches 13 shipbuilding orders worth $318m
The Chinese yard sees recovery signs in secondhand vessel and bulk carrier markets
- MHI inks initial pact with compatriot yards Imabari and Namura
The trio are working on a commercial vessel partnership
- US court dismisses EIG's claims against Sembcorp Marine
Claims related to alleged Petrobras and Sete Brasil corruption case
- SGX could start LNG freight index and bunkering contracts
Exchange has launched its third LNG price index for the Middle East/South Asia region
- Between the lines: Alliances analysed
As the new alliances launch their new services, we take a deep dive into their network operations
- Heady mix for transpacific box trades as shippers brace for alliance confusion
Ocean carriers and their customers are negotiating rates and volumes just as lines inaugurate new vessel sharing arrangements and union bosses mull an offer from employers
|APRIL 3, 2017|
- Politics clouds launch of 'single window' for NAFTA customs data
- EU-based carriers set for Canadian cabotage relief
- MOL eyes 2017 profit ahead of merger finish
- India's Adani Ports seeks to be global operator
- ELDs signal higher US drayage costs for BCOs ahead
- Proposed California container fee threatens BCOs' routings
- Saia, TST Overland form US-Canada LTL trucking alliance
- Russian highway toll increase lower than expected
- Productivity gains lift JNPT to record fiscal year
|APRIL 3, 2017|
- Second-hand bulkers continue value surge
Data from Shipping Intelligence and the Baltic Exchange show significant gains in dry-bulk assets.
- Bigger fleet, better rates boost Seanergy
But New York-listed bulker owner still sees fourth quarter loss as financing costs rise.
- Martel formally takes CEO role at CSL
Montreal-based bulker owner also names other executives as part of Martel's transition.
- Investors lash out at Ocean Rig bankruptcy
Highland Capital takes aim at Economou and DryShips, but Ocean Rig says it's the target of vulture investors.
- Eagle Bulk confirms sale and closes on loan
Gary Vogel-led owner sells sixth ship in a year as it closes in on debt to support Greenship fleet deal.
- Navios starts up South American ore terminal
Logistics unit of Navios reiterates Vale's commitment to project, but others may use it too.
- Shell signs LNG deal for SCF tankers
Major's LNG bunker tanker newbuilding to supply fuel to Sovcomflot's groundbreaking aframaxes.
- Arctia profit falls in 2016
Finnish icebreaker owner sees revenue dip in "very mild" winter.
- DryShips taps Kalani again as $662m spending spree closes
George Economou-led owner turns to investment partner for more funds after buying 14 ships in quick succession.
- NAO's chief executive Bjorkli to depart
Former RS Platou shipbroker to exit New York-listed offshore vessel owner on 'excellent terms'.
- Norway blocks Eimskip's Nor Lines takeover
Owner's move for short-sea player would "significantly impede" competition.
- AET powers new aframaxes with LNG
Malaysian owner set to equip newbuildings under construction at Samsung with dual fuel engines.
- SMIC buys chunk of ro-pax group 2Go
Philippines investor takes 34.5% stake in ferry company.
- MR tankers pull back
LRs, aframaxes and suezmaxes also slip but VLCCs regain ground.
- Howe Robinson hires tanker trio
Former Brassington Chartering men join brokerage's London tanker desk.
- Pakistan warns owners on surcharges
Lines face legal action unless they drop port congestion fee.
- Winning in pole position on growing bauxite trade
Singaporean owner's dominance of capesize S&P arena bettered by stranglehold on Chinese bauxite shipments.
- Costamare newbuilds now all employed
Five Hanjin Subic vessels have each now found time charters in an improving market.
- Somali pirates strike again
Assailants reportedly hijack Indian cargoship off the semi-autonomous region of Puntland.
- Alassia charged over 2015 bulker spill
Canada launches case against Greek operator after English Bay incident.
- PGS utilisation slides in first quarter
Oslo-listed seismic shipowner sees contract cover drop to 53%.
- Tsakos tied to products tanker deal
Greek owner said to have picked off 12-year-old ship at new price low.
- HNA linked to HSH Nordbank takeover
Chinese shipowner said to be among more than five bidders for German shipping lender.
- Petronas to make floating LNG production history
Malaysian energy company set for landmark event with debut shipment expected to head for South Korea.
- Ezion banks $70m from Malaysian sales
Singapore owner offloads 50% stake in subsidiaries to Sea Explorer.
- Odfjell Drilling semi-sub wins well charter
Owner says Deepsea Bergen will work on Norwegian shelf in Q2.
- Dorian LPG explores trip to bond market
New York-listed VLGC specialist hires banks to set up fundraising effort.
- HHI spending $3bn on research
Yard and newly spun-off affiliates up development budget through to 2021.
|APRIL 3, 2017|
- HHI to invest $3.1b in R&D by 2021
Hyundai Heavy Industries Group (HHI) will invest $3.1 billion in research and development (R&D) by 2021, the South Korean shipbuilder s...
- New research group addresses supply chain blockchain relevancy
A new research group aimed at helping the supply chain industry better understand the application of blockchain technology has released a n...
- FMC's Khouri to meet with European, Chinese regulators
Federal Maritime Commission (FMC) Acting Chairman Michael Khouri said he will be in China this month for a third round of joint discussions...
- Cary Island, Malaysia could gain new 'maritime city'
Malaysianport operator MMC Port Holdings will partner with Adani Ports and Sime Darby Property under a memorandum of understanding (MOU) to...
- Ethiopian Airlines launched two new freighter routes to Europe
Ethiopian Airlines has launched two new freighter routes to Europe- one to Milan, Italy on April 2 and one to Zaragoza, Spain on March 28. ...
- MPA extends port dues rebate for vehicle transshipments
The Maritime and Port Authority of Singapore (MPA) has extended a program under which automobile carrier operators handling transshipment v...
- UPS adds Saturday delivery to speed e-commerce operations
UPS Inc. is adding Saturday pickups and deliveries in an effort to accelerate e-commerce shipping operations, the company said in a stateme...
- Federal judge dismisses CSX fuel tax lawsuit
A federal judge has ruled in favor of the state of Alabama in a lawsuit surrounding the state's use of a fuel tax on railroad operators. T...
- More shipping lines agree to cut terminal handling charges in China
Seven more container shipping lines, including OOCL and ZIM,have offered to cut terminal handling charges in China, the Xinhua News Agency ...
|APRIL 3, 2017|
- ANALYSIS: Turkish security concerns to weigh on local bunker fuel demand
Tourist numbers in 2016 dropped 25% year on year to 31.4 million, data from statistical agency Turkstat showed, and some governments have issued warnings about travel to Turkey in 2017.
- ANALYSIS: 2020 IMO sulfur cap to push shipowners into distillates pool
The problem is that estimates of refinery capacity fall well short of projected distillates demand.
- DRY BULK: Very Large Ore Carrier Stellar Daisy goes missing in Atlantic Ocean
The vessel with 24 crew on board disappeared after making its last contact on Friday.
- External: Wired Bunkering
- FUTURES: Crude ticks lower on rising US rig count
- DRYBULK: Spike in movement of dry bulk products on PG-India route in Q1
Platts has recorded 39 spot orders to move dry bulk cargoes between January and March this year, versus 31 cargoes last year.
- FUEL FOR THOUGHT: Japan pushing to retain Abu Dhabi oil concessions
Competition for concessions is expected to be intense.