|SEPTEMBER 8, 2017|
- CMA CGM to levy rate hikes to Med and Black Sea ports September 15
- Cosco expects US$300 million in savings from OOCL deal over 20 years
- Injection of mega capacity to have long-term impact on shipping
- Dredging works at Port of Philadelphia on track with fresh federal funds
- Containership demolition slowed 90pc between January and June
- Hong Kong's OOCL makes the most of its new massive mega ships
- LA chassis supplier CIMC sends 600 goosenecks to Texas floods
- DP World finishes Prince Rupert Fairview Terminal expansion
- Teamsters protest Cummins healthcare cuts at Dallas trade fair
- Consolidated Chassis Management starts new toll collection scheme
- Troubled Cathay talks to pilots hoping they will settle for less
- French ground handling giant WFS throughput leaps 17pc in US
- Ethiopian Airlines and nation's airports merge into a single unit
|SEPTEMBER 7, 2017|
- HMM completes its first blockchain pilot voyage
- MOL-operated car carrier serving Africa loads 800 used vehicles
- MSC's extended IMED service to connect Hamad Port with Indian gateways
- Oilmeals exports surge
- Goods Registration timings for examination of export goods at Export Docks
- IGTPL sets monthly throughput record in Aug.
- Mansukh Mandaviya felicitates leading performers of Kandla trade at KPT's 2nd annual awards
- Petronet LNG in JV to develop LNG terminal in Sri Lanka
- Commerce Minister assures support to start-ups
- Task Force on employment & exports formed
|SEPTEMBER 8, 2017|
- Staying on course
- Gouw joins commission at LA's second biggest cargo airport
- ITF and IKEA begin dialogue
- New IT for express deliveries in Germany
- Ports America enhances ro-ro vessel drivers' training
- United transforms A350 order
- BDP International finds favour with GTM
- Complex coal transport logistics for Huafeng
- First container platforms with adjustable loading length
- Faster transit from Townsville to Singapore
- Jettainer names Mühlenkamp director of operations
- Dnata orders Siemens software to digitalize processes
- Ceva and Carrefour ink new pact
- New intermodal link between Gdansk and Paskov
- Reorganisation of Russia's UAC
- Stable performances on Germany's inland waterways
- Two more B777s for Nordwind Airlines
|SEPTEMBER 7, 2017|
- Detention risks elevate with start of BWM Convention
- Bourbon sustains a further heavy loss in H1
- Second tanker looting marks return of oil theft piracy in Asia
- HMM completes first blockchain pilot voyage
- Cargo tracking must be improved, says marine insurer
- Mermaid Maritime wins three subsea contracts worth USD12 million
- Mercator Lines files to wind up
- New orders keep Oshima busy to 2020
- Indonesia resumes nickel ore exports
|SEPTEMBER 7, 2017|
- Rotterdam to hold congestion crisis talks tomorrow, but shippers don't expect problems to ease until next year
- Maersk credit rating downgrade threats are a red herring, argues financial analyst
- Carriers and ports warn customers of closures as Irma makes its way to the US
- DHL Supply Chain and Huawei opt for IoT to boost automotive manufacturing efficiency
- Robert Van de Weg goes his own way with AirWay Cargo
- All change at Cathay Pacific Cargo as Mark Sutch goes to India and Ronald Lam named cargo director
|SEPTEMBER 7, 2017|
- Ten hijackers seized after tanker crew triggers SSAS alarm
- USCG sets port condition X-ray for South Florida ports
- VIDEO: Huge containership inaugurates raised Bayonne Bridge
- Red Funnel orders second fast cat at Wight Shipyard
- Meyer Werft lays keel for first LNG-fueled cruise ship
- Bollinger Shipyards delivers FRC 25 to USCG
- LNG bunkering barge will have Wartsila cargo system
|SEPTEMBER 7, 2017|
- Shipping urged to work with other transport modes to obtain good Brexit deal
Time is short and there is a clear need for the transport industry to co-ordinate its efforts if the UK's...
- IACS claims its place in shipping's vacant middle ground
"Who can manage the expectations of both internal and external stakeholders?"
- UK government pledges £6m to cut shipping emissions "to zero"
Government sets target of creating a zero-emissions sector
- Guangzhou said to be under pressure to curb coal imports
The port denies talks about ban on foreign coal
- VLGC rates firm up in Middle East and US Gulf after Harvey
BLPG index rises to its highest level since end-June
- Capes shift up a gear to earn $19,500 per day
Coal and iron ore from Australia, Brazil and South Africa appear robust, says Fearnleys
- Frictionless trade is a post-Brexit priority, says Dingle
Maritime UK chairman calls on government to keep trade flowing
- Bunk out at Briese, reopening succession question at heavylift giant
But Leer company will hang on to Auerbach stake, sources confirm
- Removing coastal roadblocks
US politicians are likely to shoot down the attempt to abolish the Jones Act, which means American coastal shipping will...
- Bertram Rickmers in comeback with bid for shipmanagement arm of Rickmers Group
German shipowner heads rescue plan for part of group that was declared insolvent in June after bank bailout efforts failed
- UK maritime employers missing out on skills funding
Employers championing the skills they want in apprentices
- Braemar to buy NAVES Corporate Finance
Acquisition to be paid for via cash, convertible loan notes and shares issuance
- Lloyd's List boosts container shipping coverage with new hire
Fluent Japanese and Korean speaking Hong-Kong-based reporter will also focus on northeast Asia
- Maritime Security Transit Corridor formed to deter vessel attacks near Horn of Africa
Providing a recommended merchant traffic route will allow naval forces to concentrate surveillance efforts
- Shipping could face $100bn bill as ballast water regulations come into force on Friday
But shipowners will have a two-year grace period to comply with the Ballast Water Management Convention
- Meyer Turku doubles shipyard upgrade investments
Investments are aimed to help triple production rates at the shipyard
- HMM completes pilot blockchain voyage with reefer-laden boxship
Korea's flagship carrier is now looking at a second pilot voyage in October, this time with dry containers
- Mercator Lines Singapore to be wound up
Company unable to justify an extension of judicial management
|SEPTEMBER 7, 2017|
- CMA CGM adds NY-NJ to upgraded 14,000 TEU loop
- Southeast US ports shuttering as Irma barrels down
- HMM aims for full blockchain adoption by year-end
- DP World Cochin growth outpaces Indian rivals
- Bangladesh pursues aid for shipping infrastructure
- Inland Chinese shippers turn to Russian Far East ports
- Korea nuclear tensions bleed into shipping
- Infographic: How tech helps shippers manage supply chains
- Qatar inaugurates mega-port amid trade blockade
- British ports: UK must stay in EU Customs Union
|SEPTEMBER 7, 2017|
- Dull, safe and boring? Not this Volvo
- B+H's Mike Hudner on the comeback trail
Fate has dealt Mike Hudner some tough hands, in life as in shipping. But as Joe Brady discovers, the B+H veteran hasn't lost the ability to spot an opportunity
- Norwegian Hull's half-year result beats expectations
Bergen-based mutual detects signs of premium levels flattening out following an underwriting performance that was above forecasts in the current market
- Shipping 'must go outside for new leaders'
- Allure of Greek portfolio leads to Berenberg deal
Private bank takes $460m in RBS loans as stepping stone to securing more banking and foreign exchange business in leading shipowning nation
- Misje Bulk sees improved rates but records annual loss
- Tankers International shifts corporate home onshore
Longest running VLCC pool player rejigs structure to comply with key charterers' requirements and gain access to credit lines
- Shipping can innovate and still keep its best traditions
- Hudner lays out $200m shipowning comeback
Former B+H frontman is aiming to end shipping exile - if he can get the finance
- China splashing out on ports, and investing in geopolitics?
State-run companies have spent $20bn on dock infrastructure globally in the past year, but Beijing will have to think about how its influence is viewed
- Livanos backs 'maritime Davos' to shape future of the industry
Driving more ambitious emissions reduction targets is top of the agenda for new Global Maritime Forum
- Macquarie says its KG-inspired shipping run is still building
Veteran Morten Arntzen says lender free of legacy debt has found the perfect timing to build business at 'appropriate' pricing for non-investment grade industry
- Capital Products closes on $460m refinancing
Previously announced refinancing offer from existing lenders now a done deal.
- Formula Win: 20 Questions with Braemar's Louise Evans
- RBS exits shipping, but when one door closes...
Harry Papachristou charts the bank's exodus from Greek shipping - and discusses the sector's options
- The kings of coatings have got it covered
Roderick Craig talks to the father and son who have built on the proud family tradition at marine coatings giant Jotun
- Brazilian eyes Chinese-built sub-panamax resales
- Massive jump in containership values seen as a 'one-off'
- HMM makes $162m grab for former Oceanbulk boxships
Questions over the Greek owner's commitment to the boxship sector after HMM spends close to $1bn to buy resale boxship and VLCC newbuildings
- Fears of midsize pain as small and larger boxships move in
Uncertainty over future prospects for midsize containerships has resulted in an orderbook dominated by smaller feederships and ultra large tonnage
- Harvey shows that shipping is not immune to climate change
Global ports are at increasing risk from extreme weather events, and those that do not adapt will find their customers moving elsewhere
- Last of Hansa Treuhand's boxships hit the market
It has taken less than a year for the former KG trailblazer to exit the sector
- CNOOC taps LNG shipowners for chartered tonnage
- CLP Power closes in on FSRU and LNG supply
- Epic chief sees upside in small pressurised LPG shipping sector
But brokers covering this market say current conditions remain weak despite the future holding promise
- Delivery slides for newbuilds as KC-1 woes mount
Samsung Heavy Industries battles to install new Kogas-designed cargo containment system on first vessel
- PLN set to relaunch request for small-scale LNG shipping needs
Revised plan to be unveiled soon as Indonesian power outfit takes new look at how to structure its project
- DNV GL upbeat on future of seaborne energy trade
Half of the world's energy demand is forecast to come from renewables by 2050 but that does not mean shipping energy volumes will decline
- Ready, steady, float: FLNG takes the plunge
It has been a long time coming, but this is the year FLNG left the drawing board and entered the water. Special report by Lucy Hine
- Special one: Petronas' history maker
- Shell's Prelude in sea major
- Golar's Hilli is a transformative experience
- Rigs 'inflection point' offers hope of gradual recovery for OSVs
More rigs at work will mean more work for offshore, although there is a long way to go for both
- K Line Offshore first to get 'cold ironing' notation from DNV GL
- Meade forms partnership to take drones offshore
M3 Marine and ROV Inspeksi launch joint venture to help clients 'get ahead of the game' via speedier vessel inspections
- IMO boss compliments Chittagong improvements
- Tsuneishi tests green market with $300m repairer in the Philippines
Proposed recycling plant on the island of Negros is the biggest investment of its kind since 2009
- Piracy 2.0: Shipping gets serious about cyber crime
Attacks on shipping are nothing new, from the Spanish Main to the Somali coast, but as Paul Berrill reports, today's most dangerous threat comes from your computer
- Vietnamese refugee reunited with Bergesen rescuers
Thirty-seven years ago, Yen Siow and 81 other Vietnamese refugees were saved from certain death on the high seas. Thanks to the power of social media, she has been reunited with her rescuers. Roderick Craig reports
- Germany's Stella Marine loses tanker duo to V.Ships
- NYK places orders for VLCC quartet in Japan
- Spot rates for MR tankers fall as refineries restart after Harvey
Atlantic Basin clean tanker markets are returning to normal after day rates spiked in hurricane's wake
- Hellespont 'on comeback trail' with $134m order
Greek family owner makes its first 'investment in newbuildings since 2008 as its business fortunes turn full circle
- Mysterious Iranian vessel's secret past follows it to Alang breakers
The Sirus 1 was linked to tanker arm of Islamic Republic of Iran Shipping Lines
- Putting on the writs: the untold postscript to the Torrey Canyon story
Julian Bray reveals the role played by the late Joe Grimberg in the aftermath of the tanker disaster half a century ago
- Richardson rings the changes at SSY
Lucy Hine discovers Mark Richardson's vision for shipbroking giant Simpson Spence Young in a shifting landscape
- Downsizing Bocimar axes supramax bulker
- Common Progress rules out bulker buy
- Melissanidis family joins Greek dry bulk rush
- Technomar boosts fleet again with Chinese-built panamax
- Thailand's Double A Power lines up sale of its only capesize bulker
- Klaus Kjaerulff-led newcomer already has three ships
|SEPTEMBER 7, 2017|
- South Carolina International Trade conference postponed
South Carolina, along with the states of Florida, Georgia, and North Carolina, has issued a State of Emergency due to the impending threat ...
- U.S. steel makers speak up for solar panel import relief
The Steel Manufacturers Association, a trade group that represents 30 of the largest steel producers across North America, has spoken out i...
- Teamsters rejects UPS proposal for personal vehicle deliveries
Teamsters National UPSNegotiating Committee has rejected a UPS proposal to create a "new classification of Full-time Seasonal Personal Vehi...
- Hamad Port officially opens for business
Qatar recently opened its $7.4 billion Hamad Port to "help shield its economy against sanctions enforced by neighboring Arab states," accor...
- Hurricanes causing supply chain chaos in U.S. Southeast
The aftermath of Hurricane Harvey coupled with Hurricane Irma slowly approaching the U.S. East Coast is wreaking havoc on supply chains, se...
- USDOT makes $500m in TIGER grants available
The U.S. Transportation Department on Wednesday said $500 million is now available in the Transportation Investment Generating Economic Rec...
- Cloud Logistics integrates Truckstop.com rate index
The web-based transportation management system (TMS) provider Cloud Logistics has integrated a spot market index tool from Truckstop.com in...
- China Merchants acquires 90% of Brazil's Paranagua port
China Merchants Port Holdings (CM Port) plans to acquire a 90 percent stake in Brazil's second largest port, Paranagua, for 2.89 billion Br...
- Vietnam resumes U.S. distillers grain imports
Vietnam will once again start accepting imports of U.S. distillers dried grains (DDGS), after it had suspended these shipments in December ...
|SEPTEMBER 7, 2017|
- US DATA: Storm upheaval causes plunge in USGC refinery activity
A dramatic drop in US Gulf Coast refinery activity because of Hurricane Harvey yielded an expected draw in product inventories and build in crude stocks last week, Energy Information Administration data showed Thursday.
- Houston Ship Channel ports seeing vessels with maximum 42-foot drafts
Aids to navigation repair and recovery continue at Houston Ship Channel area ports and waterways, and these should be complete within the next few days, while draft restrictions there are 36-42 feet, a marine agency executive said Thursday.
- Buckeye implements hurricane plan for Bahamas crude, product terminal
US midstream player Buckeye Partners is implementing hurricane preparedness plans for its major crude oil and product storage terminal on the island of Grand Bahamas in advance of Hurricane Irma, the company said Thursday.
- Florida ports, gasoline blenders prepare for Hurricane Irma
The US Coast Guard on Thursday placed restrictions on key Southeastern Florida ports ahead of Hurricane Irma, warning of gale force winds within 48 hours, as gasoline and diesel storage facility operators worked to secure operations.
- PHILLIPS 66 WITHDRAWING US JONES ACT REQUEST: SPOKESMAN
Phillips 66 is withdrawing a request for a US Jones Act waiver it had submitted last week in response to the impact of Hurricane Harvey, a company spokesman said Thursday.
- NYMEX ULSD strengthens as EIA data shows distillate draw
NYMEX October ULSD rose 2.66 cents to $1.7861/gal Thursday after Energy Information Administration showed the first glimpse into the impact that Hurricane Harvey has had on US inventory data.
- Piraeus bunker fuel surpasses eight-month high
Bunker fuel at Piraeus, Greece, reached its highest point in over eight months Wednesday on the back of a strong regional benchmark.
- Hamburg bunker fuel reaches two year high despite good supply
Bunker fuel in Hamburg, Germany, hit its highest point in over two years Wednesday, despite supply and demand being unremarkable, boosted by a surging benchmark.
- Bunker supply tightens in Black Sea on Kerch bridge delays
Bunker availability has tightened in the Black Sea following delays of deliveries of product arriving via rivers, although the situation is expected to ease next week, said bunker sources.
- Trefoil re-enters Rotterdam ULSFO market as 2020 sulfur cap draws nearer
Marine fuel supplier Trefoil has decided to re-enter the ultra low sulfur fuel oil market amid increasing liquidity of the product and interest in it.
- Japan's Mitsui, Russia's Gazprom sign agreement for small and mid-scale LNG
Gazprom and Mitsui are also partners in the Sakhalin II project, which includes Russia's only active LNG plant.
- External: Wired Bunkering
- Hong Kong's Cosco signs dual charter deal with Singapore's PIL
- Cruise operator Carnival on track to get its first fully LNG powered ship
The seven fully LNG powered ships are to be delivered between 2018 and 2022.
- US Genoil signs agreement with Russian institutes for technology to meet IMO sulfur cap
The partnership has already received high sulfur fuel oil from a shipping client which is being tested at UFA.
- Putin says sanctions won't resolve N. Korean crisis, mulls economic projects
- Russian, South Korean presidents agree to boost bilateral cooperation - Talk about involving North Korea in trilateral projects