|MAY 18, 2017|
- HK up 10pc in April to 1.74 million TEU, S'pore by 7.5pc, Shanghai by 4.9pc
- 21,413-TEUer named OOCL Hong Kong at Korea's Samsung shipyard
- Spanish ports to strike, dockers blast reforms to end closed shop hiring
- Taiwan's Evergreen, Yang Ming suffer combined loss of US$580 million
- BIFA, UKWA talk Brexit impact on forwarding, warehousing, logistics
- New shipping alliances causing delays at USWC ports
- La Spezia Terminal handles record 276,000 TEU in first 4 months
- Alliances will make 13,000-TEUers workhorses of the transpacific
- Kalmar extends Antwerp training as straddle carrier driver demand rises
- Satellite ocean current tracking to cut fuel bill, tests suggest
- Antwerp's Organi software fits INTTRA's ocean shipping marketplace
- Frankfurt-Hahn sees cargo up 41pc to 23,700 tons with new customers
- Delta Air Lines, Aeromexico to cooperate on transborder flights
- Luxembourg airport's January-April cargo up 16pc to 286,000 tonnes
|MAY 17, 2017|
- A. S. Shipping sets foot overseas by opening own offices in West Africa, Nepal & Singapore
- China reiterates support to development of Sri Lanka's maritime sector
- Indian Navy vessel foils piracy attempt in Gulf of Aden
- Ministry of Shipping inks MoU for skills development of youth in coastal areas under Sagarmala
- Need for practical implementation of Ballast Water Management Convention stressed
- Parekh Group holds successful trade seminar in Vapi
- Seaways creates record in loading HR coils at Paradip Port
- Record import of truck & bus radial tyres in 2016-17
- Veg. oils import up in April
- APM Terminals Zeebrugge regains Asian service
- Cabinet approves four-laning of Porbandar-Dwarka Section of NH-8E in Gujarat
- Consul General of Republic of Singapore visits Mumbai Port
- Cathay Pacific handles more cargo in April
- Cabinet approves signing of multilateral convention to implement tax treaty related measures to prevent base erosion & profit shifting
- Export data encouraging, says FIEO Regional Chairman
- IACC's seminar on Indo-US partnership in textiles & implication of GST today
|MAY 18, 2017|
- 1,500 electric vehicles for eco-friendly deliveries
- 125 years of active service in and from Canada
- Fully operational in July
- Building materials company invests in rail
- Arkas adding new ships and services to portfolio
- Pilot Freight Services strengthens acquisition strategy
- Managing tea exports
- Adelaide-Tarcoola rail update goes ahead
- Uzbekistan Airways switches to B787 on JFK service
- New investor, new money
- ADV celebrating 70 years in style
- EU updates air safety list
- Evergreen enters Ocean alliance in good shape
- Riga as multimodal hub for east-west traffic
- New French minister of transport
|MAY 17, 2017|
- Capacity crunch sees cargo moving back to breakbulk
- COSCO leasing unit to launch shipping funds
- Canada proposes strict oil tanker moratorium on West Coast
- Grimaldi upbeat on 2017 prospects after strong Q1 for Finnlines
- Rickmers Maritime investor drops bid to block fleet sale
- Cido Shipping converts PCTC orders to products tankers
- Mermaid Maritime's profit drops 52.5% as JV profits plunge
- Comment: Same ballast water risk areas cut opportunities for sales
- Hong Kong pressed to adjust clearance on iconic bridge across key access channel
- COSCO Shipping International scraps two bulk carriers
- Adjusting chief calls for clause clarity
- Sungdong's creditors ease refund guarantee requirements
- No intention to break PSA contract, says HMM chief
- Container ships and damaged Capesize recycled as scrap prices fall further
- US-listed owners surpass cash-raising of entire previous year
|MAY 17, 2017|
- Haulage sector fury against 'protectionist' French plan for foreign worker tax
- More forwarders opting for freight partnerships with airlines
- Carriers may be getting containership capacity crisis under control at last
- Analysis: Result! New management firmly in the driving seat at Wincanton
- PODCAST: Haven - trying to create a "safe place to trade"
- China's YTO Express unveils global expansion plan
- The anatomy of a sea freight invoice
- Traffic congestion costs US trucking $63bn a year
- Customs specialist Pawel Jarza joins BIFA as policy and compliance adviser
|MAY 17, 2017|
- Korean RoPax ferry to have Wartsila scrubber
- Admiral gets prison sentence in GDMA bribery case
- d'Amico tankers completes sale and leaseback deal
- Third Matson Alaska box ship now fitted with scrubber
- Korea's Daegu-class frigates to be Rolls-Royce powered
- European shipowners draw up Brexit wish list
- New Damen design is aimed at marine renewables sector
- Shell renews partnership with Philippines training center
- Hendry Marine has new business development team
|MAY 17, 2017|
- Dutch MEP: Shipping must go further and faster on climate
European policymakers are looking for concrete policy plans and clear verifiable targets followed by immediate action that reduces shipping's greenhouse gas emissions
- EU Commission relaxes state aid rules for ports
Ports can now receive up to €150m in state subsidies for investment under certain conditions, leading to warnings market distortion by British Ports Association
- Ecsa lays out Brexit demands
Shipowners' association wants frictionless trade with UK but also competitive edge post-Brexit
- Intra-Asia MR tanker rates drop to lowest since February 2014
But Indonesian imports and Chinese exports may provide support
- Ports still an attractive proposition for pension funds
Concerns are growing over high-risk investments to handle big ships, says Mercator International consultant Steve Rothberg
- Aframax earnings at eight-month low on Caribbean weakness
North European trade also hurt by fewer Russian crude loadings
- Asia-Europe ocean freight contract prices up 120%
Average long-term container rates negotiated in the past three months are more than double last year's levels
- Big ship conundrum rumbles on for ports
Peel Ports director highlights the ongoing plight of port operators in handling the box industry behemoths
- Panamax bulkers weaken as owners look for east coast South America push
Another weekly rate decline as BPI sinks to two-month low
- Maritime trade in transition
Lloyd's List Business Briefing Singapore
- All hail small LPG ships
Minimal fleet growth should lead to rate recovery for small size LPG carriers, in contrast to other segments
- High rates a challenge for sea freight customers
Strong demand and carrier discipline means ocean prices are expected to remain high this year
- Hapag-Lloyd merger deal with UASC signed off
Formal announcement expected next week
- Bondholder withdraws injunction against Rickmers Maritime fleet sale
Withdrawal clears the way for the trust to sell its containership fleet to Navios affiliates
- Finnlines profits jump by 35%
Ro-ro operator benefits from higher cargo trade volumes and increased passenger traffic
- DSME loses patent fight against SHI and HHI
Rivals claim DSME's patented partial reliquefaction technology is similar to theirs
- Container carriers must focus on strategic issues for survival
Transformation of business practices required for a more transparent and automated environment
- Aristidis Alafouzos dies, aged 93
Kyklades Maritime founder ordered more than 100 vessels in his lifetime and was known in Greece for family's media exploits
- Knot Offshore first-quarter net income edges higher
Partnership saw fleet utilisation of 93.2% in the period
- Cosco Shipping Holdings trade halt triggers takeover talk
Chatter about an OOCL acquisition resurfaces, while an internal asset restructuring may also be on the cards
- Thoresen Thai Agencies unit buys secondhand supramax for $7.9m
Vessel was delivered last Tuesday
- Euronav joint venture signs five-year FSO contracts
Deals expected to generate $180m in ebitda for the tanker operator
- Product tanker market to rebalance in 2018, says Hafnia chief
Mikael Skov talks about new trade routes, the importance of scale and fairness in implementing shipping regulation
- Cosco Singapore dissolves dormant units after scrapping owned vessels
Moves are part of the group's plans to restructure and streamline its businesses
- HMM to dispose of 10 boxships to Korea Shipping Corp by end-May
KSC will set up a special purpose vehicle to park the vessels under
- Torm's Meldgaard does not expect product tanker scrapping to accelerate
Increased ship demolition ahead of Ballast Water Management Convention unlikely amid weak scrap prices
|MAY 17, 2017|
- NY-NJ, container lines seek OK to discuss per-container charge
- Asian imports drift to US East, Gulf coasts
- Largest ship at Santos heralds north-south cascade
- Slideshow: Fastest-growing North American ports in 2016
- Finnlines maintains record-setting earnings momentum
- Bondholder drops challenge to Rickmers Maritime fleet sale
- JD.com ramps up use of China-Europe rail
- Rising volume, rates lift profit at Transport Corp. of India
- Industry says Hong Kong bridge draft hurting mega-ship clearance
|MAY 17, 2017|
- Fabrikant: A long but bumpy recovery path
Seacor chief executive says soon-to-be spun-off offshore business has the right assets for opening innings of an upturn.
- Luxembourg and Dublin lead P&I club domicile race
Luxembourg and Dublin are emerging as the favourite domiciles for British-run protection- and-indemnity (P&I) clubs that need to provide cover for continental fleets when the UK leaves the European Union (EU). But other potential locations are also bidding to become P&I 'centres, with Cyprus sending a team to visit clubs' UK offices soon and a number of European capitals and financial centres pur
- Fred Olsen wades into river cruising
Norwegian cruise line offers running sailings on the Brabant in 2018.
- GulfMark Offshore files for bankruptcy with $737m in debt
Houston offshore vessel owner takes pre-packaged Chapter 11 case to Delaware.
- Bunker outfit debuts with low-sulphur focus
GCC Bunkers to begin supplying fuel this week in Houston-Galveston area, but sights are set on manufacturing own blend for 2020 compliance.
- Indian navy fights off bulker attack
Greek vessel targeted by seven smaller boats in Gulf of Aden.
- Marinpet snaps up Nordic Tankers vessel
Istabul-based owner returns to the S&P market through deal with Danish operator.
- Schnigge offers Rickmers Holding a lifeline
German bank makes offer for bond that could help gain investor consent for Bertram Rickmers company's restructuring.
- Missing captain found alive off Spanish beach
Master of car carrier taken to hospital after falling overboard in Cadiz.
- Sungdong creditors relax newbuild restrictions
Yard to be allowed to sign contracts that will make less operating profit.
- Grimaldi fails to unseat HSW management
Largest Greek ferry company and takeover target for Italian shipowner elects same board of directors.
- Tanker hit by fire in Kiel Canal
Crew brings engine room blaze under control on Simonsen vessel.
- RMT bondholder withdraws injunction
Boxship owner urges creditors to avoid similar legal action as unexpected obstacle to Navios deal is removed.
- Wan Hai eyes $149m bond as it turns red
Taiwanese container line wants to pay off debt with new issue.
- Samsung operations suspended again after fire
Blaze hits Geoje yard less than three weeks after fatal crane collapse.
- Irish Continental sells veteran ferry for $50m
Irish Continental Group has sold off a ferry 16 years after it was replaced in its trading fleet. It has secured EUR 45m ($49.9m) for the 22,400-gt Kaitaki (built 1994) which has been sold to New Zealand ferry operator KiwiRail. ICG explains the vessel became surplus to requirements back in 2001 when a newbuilding arrived and the ship has been on charter outside of the Irish Ferries fleet since
- ESL Shipping pushes up profit
Finnish bulker owner benefits from new supramax deals in first quarter.
- Finnlines forges ahead in first quarter
Emanuele Grimaldi hails another record result as revenue grows.
- Kyklades founder Aristides Alafouzos dies at 93
The man behind Kyklades Maritime and Glafki (Hellas) Maritime passed away in Athens this morning.
- Hyundai Mipo changes car carrier order to product tankers
Cido Shipping believed to be behind $228m deal originally signed in 2015.
- Maybulk confirms handysize bulker sale
Robert Kuok-backed owner continues to thin out fleet with disposal of 11-year-old ship.
- Euronav, International Seaways firm up FSO deals
Belgian and US tanker owners finally put pen to paper on deal to extend charters of storage units.
- Cerberus latest name linked to HSH Nordbank
US private equity giant said to be interested in bank's non-performing shipping loans.
- Petronas signs agreement to explore LNG bunkering
Malaysian oil giant says tie-up will help promote use of LNG beyond existing market portfolio.
- Thoresen Shipping makes bulker purchase
Thai-backed shipowner back in buying mode on back of recovering dry cargo market.
- KNOT Offshore logs earnings miss and reveals tanker buy
Technical trouble with a shuttle tanker leads to lower-than-expected profit improvement.
|MAY 17, 2017|
- Japan Post records FY loss
Japan Post Holdings Co. had a net loss attributable to the company of 28.98 billion yen (U.S. $261 million) for the fiscal year that ended ...
- IMO: Delay to 0.5% sulfur fuel cap 'highly unlikely'
In an interview with the website S&P Global Platts , Edmund Hughes, the head of air pollution and energy efficiency at the U.N.'s Inter...
- Executive Moves: BIFA and Hendry Marine
Source: Pressmaster/Shutterstock The British International Freight Association named policy and compliance officer, while Hendry Marine Indu...
- Judge weighs in on Uber, Waymo case
William Alsup, U.S. District Judge of the United States District Court for the Northern District of California, said in a ruling last Thurs...
- COSCO Ports volumes jump 10% in April
COSCO SHIPPING Ports Ltd. saw container volumes jump 10 percent in April 2017 compared with the same period last year, according to recent ...
- Port of Hamburg receives largest containership ever
The 20,170-TEU containership MOL Triumph called at the HHLA Container Terminal Burchardkai (CTB) at the Port of Hamburg on Monday, the Germ...
- Forwarder groups support McAleenan nomination to head CBP
The Pacific Coast Council of Customs Brokers and Freight Forwarders Association (PCC) is urging Kevin McAleenan be promptly confirmed as Co...
- Chao discusses future of U.S. infrastructure
U.S. Secretary of Transportation Elaine Chao discussed the importance and future of the nation's infrastructure at a U.S. Chamber of Commer...
- European shippers seek more 'proactive' shipping regulation
The European Shippers' Council (ESC) is advocating for "a change of the European legislation to enable the European Commission to take a mo...
|MAY 17, 2017|
- FEATURE: Trump's Saudi trip seen having little oil focus
But discussions will likely delve into Trump's $1 trillion infrastructure plan, which the Saudis are likely to invest heavily in, and the expected increase in American investment in the country.
- Istanbul bunkers market braces for tight barges as holiday approaches
"There is a holiday on May 19 thus barges will be tight May 19-22," a Turkish supplier said.
- External: Wired Bunkering
- Med HSFO backwardation at widest in 6 months amid strong buying interest
- TANKERS: Partial port maintenance at Trieste May 16-29
- Gulf Petrochem completes first barge bunker delivery at Paradip
Previously bunker supplies at Paradip have been carried out at berth from trucks, a much slower delivery method suitable only for smaller vessels.
- St Petersburg bunker prices at month high on rising cruise demand
"The cruise season is starting," one buyer said. "In winter time the spreads are widening, in the summer the spreads are narrowing."