|MARCH 27, 2017|
- Asia-Europe rate falls 0.5pc to US$815/TEU, off 3.7pc to USWC
- Hapag-Lloyd suffers US$100 million net loss as revenues fall 12pc
- Hapag-Lloyd responds to continuing flood, mudslide disaster in Peru
- Hapag-Lloyd hikes Asia Pacific-Gulf rate US$250/TEU from April 15
- Trump okays Alberta-Nebraska Keystone pipeline after 8-year delay
- CMA CGM ups west coast India-Mozambique rate US$150/TEU April 10
- Savannah commissions first of four neopanamax ship-to-shore cranes
- Anglo-Eastern opens second ballast water treatment training facility
- Eastern Pacific Shipping to join containership safety forum in Dubai
- Black Sea terminals handled 1,785,618 TEU in 2016, up 9.63 per cent
- TIACA and ICAO hold Africa conference in June to strengthen ties
- UPS' Marken scores top marks in temp-control healthcare survey
- IAG Cargo Europe-Asia volume increases 23pc January to February
|MARCH 26, 2017|
- CMA CGM reshuffles services from Asia to Indian Subcontinent West Coast
- Liberian Registry passes historic 150 m gross tons landmark
- NYK Group investing in digitisation of vessel operations
- Study project to equip in-service vessels with SOx scrubber systems receives class notation of classification character
- British car exports to India up
- Coal imports show a downward trend
- Significant jump in US almond exports to India
- Adani Ports organises its first global trade meet in Shanghai, China
- Kandla Port opens dock rail terminal for handling all types of cargo
- Mumbai Port reaffirms support to coastal movement
- Procedure for dealing with "Shipping Bill copies" consequent to doing away of "Exchange Control Copy" & "Export Promotion Copy" of Shipping Bill vide Board Circular No. 55/ 2016-Cus, dated 23rd November, 2016
- Customs Act amended to enable analysis & detection of cases of under/over-valuation in imports & exports, misuse of export promotion schemes
- Over 400 SEZs approved
|MARCH 27, 2017|
- Cashing up for 2016
- Canada: creating best in class intermodal service
- New carrier DSL goes for Somaliland
- Another seal of approval for Timocom
- Doubling the space for contract logistics
- 20 years helming the vehicle logistics sector
- France and Switzerland ink binational airport pact
- BG Freight Line launches Irish Sea offer
- Merkel-Wetzel rebranded Huettemann Logistik
- Saudi Arabia to accede to TIR
- Contracts finally signed
- Hong Kong Airlines buys shares in SATS HK and AAT
- Big Move - new face in a high place
- Phasing in Bettembourg-Dudelange terminal
- Garuda Indonesia notes cargo surge in 2016
- Liscr battling over second place in register line-up
- Old into new and expanding
- Lutz succeeds Grube - who's off to sea
- Freight rates back to 2014 levels?
|MARCH 24, 2017|
- Data reveals US hard line on ballast water extensions
- Hapag-Lloyd dampens enthusiasm for 2017
- Farstad, Solstad, and Deep Sea Supply boards approve merger
- Disruptive technology key to Wärtsilä's future, CEO says
- Nam Cheong is financially viable, company assures investors
- BW Group could replicate VLCC deal for product tankers
- German-built trailerships to enter Turkish service
- Rising volumes fail to stem drop in profit at PSA
- Update: DSME's labour union: We will work with banks
- Kunlun Holdings acquires maiden VLCC
- Banpu to develop coal terminal in Fangcheng
- Daiichi Chuo's fleet halves to 90 ships
|MARCH 24, 2017|
- Maersk retreats as Brazil's imports drift away, leaving no containers for exports
- Emirates SkyCargo to shrink freighter fleet, returning its 747s
- Analysis: A Japan Post merger with FedEx? Just dreaming... or am I?
- Ocean carriers benefit from steady rates as new contracts are signed
- 'Trade crossroads' Saudi Arabia signs up to haulage TIR convention
- The first TOCcast: video interviews from Hamburg
- American Airlines looks set to buy stake in China Southern
|MARCH 24, 2017|
- ClassNK issues first "scrubber ready" notations
- Pirates said to grab fishing vessel to use as mother ship
- Torqueedo names Marcia Kull as president
- Key players sign off on OSV sector mega merger
|MARCH 24, 2017|
- EU Navfor hunts potential pirate mothership off Somalia
Naval force on the hunt but unable to confirm reported hijacking of fishing vessel off Somalia's eastern coast
- BW LPG inks $290m refinance deal for six ex-Aurora ships
Former Aurora fleet now fully refinanced, says BW LPG boss Ackermann
- Radziwill sees dry bulk 'on cusp' of real recovery
But chairman of newly-launched GoodBulk warns owners against ruining market with orders
- Songa Bulk adds two vessels to fleet
Bulkers unit of Norway's Blystad Group says it will 'definitely' add more capacity
- Hapag-Lloyd falls to $100m loss
Conditions still difficult despite rise in rates, says Habben Jansen
- Tanker consolidation: What next?
DHT rejected Frontline but accepted BW Group, changing the landscape of the VLCC market. Lloyd's List looks over the horizon for other consolidation activity among the big crude tankers
- Maersk and MSC likely to reinstate shipper pledge in deal with HMM
FMC due to vote on structural co-operation agreement next week as Doyle calls for customer commitment
- Box Club unlikely to be target of DoJ investigation
Carrier collaboration outside of antitrust immunity could be reason for investigations, says AgTC's Friedmann
- The digital enlightenment in Copenhagen
Shipping 2030 guests ponder the changes the industry must make and the uncomfortable truths it has to face
- SITC stays in the black despite fall in profits
Net gain at intra-Asia box carrier is down 14.2% to $122.8m amid harsh market
- A new voyage for Containerisation International
All changes but stays the same as the box benchmark turns 50
- Third time's a charm?
Carriers pin hopes on April 1 price push following successive failures, as spot market weakens
- Owners limit exposure to Iran trade on fears of US backlash
Unpredictability of US policy creates a premium for owners willing to take on the risk of trading in Iran
- Boards approve giant offshore merger
John Fredriksen and Kjell Inge Røkke to combine interests through a new enterprise with a 154-vessel fleet
- Dalian Port Co profit rises on improved volume
Net profit for 2016 nearly 10% higher at $77m
- DSME labour union agrees to creditors' cost-cutting demands
The decision paves the way for creditors to implement the $6bn rescue package unveiled on Thursday
- GoodBulk raises $100m for bulker acquisitions
John Michael Radziwill-linked venture will use proceeds to fund six ships from Carras affiliate
- GasLog Partners buys LNG carrier from parent
Cash from January's public unit offering will be used for $219m acquisition of GasLog Greece
- Accountability key to preventing navigational accidents
Shipowners should have adequate whistleblowing policies in place, says Swire Pacific Offshore
- Maritime industry faces shortfall of qualified personnel
Shortage comes amid changes in ownership structure and increasing complexity of ships, says OSM Maritime
- PSA's profit down 7.5% in 2016 at $837m
Revenue growth of 3% more than offset by higher depreciation and other operating costs
|MARCH 24, 2017|
- US bill reintroduced to prevent labor slowdowns, disruptions
- Trailer Bridge extends Dominican Republic niche service
- Eastbound trans-Pac spot rates fall ahead of spring restock
- Schneider, largest private US trucking firm, launches IPO
- Hapag-Lloyd missing out on rising spot freight rates
- PSA International volume rises, profit drops
- Rhenus acquires 40 percent of Arkon Shipping
- Japan orders Yusen to shut down customs operations
- DP World Cochin upbeat despite trade concerns over tariff hike
- Indian dockworkers threaten strike to block port reform
- Asia-Europe spot rates ease even on tight space
|MARCH 24, 2017|
- VLCC rates fall as Saudis cut exports
Exports to US drop, but Euronav CEO sees other cargo sources coming to fore.
- Fincantieri falls short with 75% of Vard
Italian shipbuilder spends $38.1m on shares in Singapore-listed shipbuilder but fails to reach 90% mark.
- Hapag-Lloyd expects 2017 earnings growth
German liner operator operator's long-term contracts prevent it from taking full advantage of market upswing, so 2017 off to challenging start.
- Vitol's cargo voyages gain 3% last year
World's largest trader sees big jump in LPG, but crude and products cargoes also rise.
- Golden Ocean joins in kamsarmax period fixture spree
John Fredriksen-backed bulker owner locks away Golden Rose on period charter.
- Russian yards getting $261m for upgrades
Trade minister Denis Manturov promises cash to boost shipbuilding.
- Anchor-handlers improve again
UK sells out of ships as rates move up.
- ClassNK signs off on MOL's scrubber plans
Japan's largest shipping company wraps up study fitting scrubbers on car carriers.
- Frontline 'in a fantastic position' for growth
Robert Hvide Macleod says owner has several expansion options available and time is on its side.
- Epic Gas grabs $32.5m from private placement
Oslo Merkur-lilsted LPG specialist closes fundraiser managed by DNB Markets.
- Songa Bulk confirms kamsarmax swoop
Oslo-listed owner seals deals for its sixth and seventh bulkers.
- Analysts reset DHT forecasts after BW deal
Banks revisit their expectations for DHT Holdings after $538m VLCC fleet deal.
- BW LPG seals $290m refinancing
Cash banked from Kexim, ABN AMRO and others for former Aurora ships.
- Solvang firms up Hyundai Mipo pair
Oslo-listed owner signs for LPG newbuildings in Korea.
- What happens to the stacked OSVs?
Brokers argue the case for and against scrapping idle ships.
- Kyoei Tanker cuts profit forecast
But VLCC owner still expecting to make more in current financial year than 12 months previously.
- Teekay Tankers sale sets new aframax price level
Brokers say deal is latest evidence of price falls in the crude tanker market.
- Trio sign off on offshore mega-merger
Directors of Solstad, Farstad and Deep Sea Supply approve plans to combine the three companies.
- Ultrabulk cautious on dry market amid profit
Dry Bulk operator warns of potential cooling later this year after extending profitable streak.
- Cochin Shipyard IPO back on?
Report claims draft prospectus will be filed on Friday.
- EMGS offers 70% in bond buyback
Seismic survey vessel owner aiming to redeem debt maturing in 2019.
- Neon launches $70m shipyard fund
Lloyd's underwriter's construction cash aimed at shipbuilding clients.
- MSI: China could join bulker bandwagon
Analyst warns of growing interest in dry cargo newbuildings.
- Abu Sayyaf kidnaps master and engineer
Super Shuttle ro-ro boarded by Philippines gunmen in latest attack.
- Arkon Shipping targets fleet expansion with Rhenus backing
Logistics group invests in German shipmanager with growth in mind.
- Radziwill's GoodBulk seals $100m equity raise
Private deal will pay for six secondhand bulkers en route to Norwegian OTC listing.
|MARCH 24, 2017|
- Busan Port weighs container crane order from South Korean shipyards
The Busan Port Authority is considering ordering container gantry cranes from South Korean shipyards, which have a paucity of orders for ne...
- House Reps introduce dual infrastructure bills
U.S. House Rep. John Delaney, R-Md., this week introduced two bipartisan bills to rebuild ailing transportation infrastructure and fix the ...
- Sugar shipper starts Brownsville port operations
A large U.S. refined sugar importer and exporter has started a new packaging and distribution operation this week at the Port of Brownsvill...
- Trailer Bridge adds to Jaxport-Santo Domingo service
Ocean carrier Trailer Bridge is offering an additional service from the Port of Jacksonville's Blount Island Marine Terminal to the Dominic...
- DAVACO merges with Crane Worldwide Logistics
DAVACO, a Dallas-based firm that specializes in the management and execution of high-volume remodels, resets and rollouts, has merged with ...
- FMC reviews 17 OTI license applications
The U.S. Federal Maritime Commission (FMC) has received 17 ocean transportation intermediary (OTI) license applications and changes for rev...
- Trump meets truckers at White House
President Donald Trump met Thursday afternoon at the White House with trucking industry executives to discuss issues of concern, including ...
- AFP: Rumors of TTIP's demise greatly exaggerated?
Rumors of the demise of the Transatlantic Trade and Investment Partnership (TTIP), a massive free trade agreement between the United States...
|MARCH 24, 2017|
- CHINA DATA: Feb Gasoline exports up 96% from Jan, gasoil rises 52%
On barrels/day basis, the outflow of gasoline jumped 82.9% on the year while gasoil grew 72.9%.
- ARA fuel oil inventories rise amid weak European, Asian markets
Fuel oil stocks rose by 7.1%, the second-largest increase in products stored in the region after naphtha inventories, which were up by 12% week-on-week.
- External: Praxis Energy Agents S.A
- TRADER NOTE: Glencore Singapore's fuel oil book leader leaves
Lim Eu Ming had been with the company since January 2013.
- FEATURE: Shipowners look to carbon as looming regulatory risk
"We believe inclusion in the EU ETS to be an important first step towards low carbon shipping."
- External: Wired Bunkering
- FUTURES: Crude stable to higher amid lack of fresh drivers
- OPEC/non-OPEC monitoring committee meets Sunday to review production cut agreement
- OPEC focused on drawing down stocks - Consensus growing on deal extension - Output cuts yet to show major impact