|DECEMBER 4, 2018|
- Trade truce: China to open markets, US delays tariffs for 90 days
- Cosco to sell Long Beach terminal to dispel US security fears
- PIL chairman sees silver lining in trade war as factories relocate
- Matson takes delivery of 3,600 TEUer - biggest US-built box ship
- CH Robinson now focuses on China's imports led by pharma
- Oakland port moves closer to zero emissions with 2nd electric rig
- Colombo's near-monopoly continues despite proposed tariff hike
- US crops left to rot as storage costs soar in Sino-American trade war
- US pork sales soar as swine flu decimates Chinese domestic piggeries
- US, Canada, Mexico sign deal on agriculture in new trade pact
- FAA study: cockpit automation accounts for 60pc aviation accidents
- DHL-Global Forwarding turns bearish, drops new freigher plan
- Tehran-Beirut cargo flight sparks fears of Iran arming Hezbollah
|DECEMBER 3, 2018|
- APL adds port to Pacific Northwest Pendulum service
- PIL upgrades Asia to East Coast South America services
- Prinses Amaliaviaduct overpassimproves access to Rotterdam port's Maasvlakte 2
- Role of expert witness should not be taken lightly, report cautions
- S. Ramakrishna elected Chairman of FFFAI
- SCFI Asia to Northern Europe spot rate up
- SCI resuming service from Chennai to Port Blair
- Hyundai cars moved to Chennai Port by rail
- APM Terminals Pipavav & ICD Kanpur now connected by rail
- Drive-through container scanner installed by JN Customs
- India registers double-digit containerised trade growth in Q3 2018: Report
- Easing of US-China trade tensions welcomed
|DECEMBER 4, 2018|
- Montenegro to modernise quarter of road network
- Goodman brings up the bulldozers for BMW
- GAC collects Southeast Asian award
- Hub for shipping African timber by rail
- New vessels in the making for Stena Line
- 60 years since maiden flight of first German passenger jet
- "Pacific Vision" running on smarter technologies
- Swissport shrinks regional structure to three units
- Woodland Group adds new office
- Placing order for rail security and mechanical system
- WFS to handle Lufthansa Cargo in Amsterdam
- Mexican cargo element leaves Latam Airlines Group
- Stef debut in Switzerland's German-speaking region
- Strong month at Galveston port
- "Curiosity of the Day"
- Financial guru to head Liscr
- New brake discs to optimise rail transport
|DECEMBER 3, 2018|
- Against the odds: The full downside of the supply chain trade, according to APMM, Hapag, DSV, XPO & friends
- Global pressures depress trade in most sectors, but air cargo keeps its end up
- MPC sees 'significant upside' for scrubber-linked charters
- As e-commerce sales grow, 'free delivery' becomes more of a myth, says DHL
- Analysis: has DSV got a new M&A deal up its corporate sleeve?
- The US and China's trade truce statements compared
- Is digitisation in shipping disruption or racketeering?
- Cargolux looks set to wave goodbye to Champ as it goes in-house
- A 'new era' begins at DB Schenker with three new board members
|DECEMBER 3, 2018|
- Scrubbers: Singapore adds to reasons for shipowner headaches
- Canadian owner orders advanced freezer trawler
- Subsea Industries grows its products family
- Investigators: Safety-critical concerns with F100 frigate design
- Central Gulf Lines PC/TC moves two armored brigades across Pacific
|DECEMBER 3, 2018|
- Scorpio Group invests $122m in hybrid-ready scrubbers
The hybrid systems will allow Scorpio's ships to trade in areas where open-loop scrubbers are banned
- Solid tanker market to hold firm despite talk of Opec output cut
A fall in oil exports from Canada should see the US turn to the Middle East for supplies, boosting tonne-miles...
- Scrubber lobby on the defensive after Singapore ban
Several shipowners now expect further restrictions on open-loop scrubbers, despite manufacturers insisting that environmental concerns have not been scientifically addressed
- Finferries demonstrates world-first autonomous vessel
Finferries, the Finnish state-owned operator, has successfully demonstrated the world's first fully autonomous and remotely controlled ferry, using Rolls-Royce Marine...
- Ukraine and Russia spar at IMO
A host of countries speaking at the IMO, including Germany, the US and the UK, have all condemned Russia for...
- Transpacific trade truce comes too late for spot market
MSI analyst Daniel Richards says that with shippers already putting their pre-tariff plans into action, the damage to the transpacific...
- Cosco Shipping Holdings introduces share option scheme
The grant date, or the date when the employees will receive the share option, is pending approval from shareholders and...
- A trade war truce is good news for shipping
The apparent de-scalation of trade tension between China and US may not have resolved long-term issues, but if shipping benefits...
- Lloyd's List Outlook 2019: Dry Bulk
Demand looks healthy, supply factors are in check for now, so the outlook for 2019 is looking positive
- US Pacific Northwest activists push back against LNG bunkering exports
Big energy companies plan to unearth these vast reserves of carbon-intense fuels and put them up for sale in Asia
- Port of Anchorage shrugs off earthquake without injuries, damage or disruption
Matson Navigation and TOTE services continue as scheduled, officials say
- Daily Briefing
Containers outlook 2019 | Singapore bans open loop scrubbers in port | Top 10 technology leaders of the year |...
- China-US truce brings shipping a touch of spring in December
Panamax and supramax ships are likely to benefit from China's immediate restoration of grains imports from the US, while box...
- Top 10 technology leaders 2018
In the run-up to publishing the annual Lloyd's List Top 100 most influential people in shipping on December 14, here...
|DECEMBER 3, 2018|
- US tariff pause propels early 2019 China import rush
- New inland port serving Savannah to offer faster, direct service
- Maersk speeds up Med service to harness Montreal growth
- Securing US truck contract capacity to dominate 2019
- APM Terminals Pipavav expands India rail on rising demand
|DECEMBER 3, 2018|
- New Maritime UK head calls for Brexit support
Maritime lawyer Harry Theochari succeeds David Dingle as organisation's top man.
- VIDEO: US Coast Guard lifts cruiseship passenger
The US Coast Guard evacuated an elderly woman from a Carnival cruiseship Sunday morning. Agency watchstanders responded by helicopter to the the 110,000-gt Carnival Valor (built 2004) roughly 58 miles off the Texas coast on reports a 71-year-old woman required medical assistance. The woman, and a nurse from the ship, were then flown ashore to emergency medical services at the University of Texas
- DHT Holdings executives explain further details of IMO 2020 hand
Comments come just days after Singapore took action against open-loop scrubbers.
- MR2 buy spells end of Kassian hiatus in tanker S&P
Greek player buys first oil carrier in seven years
- Avin tipped as buyer of Arcadia tanker
Sale of aframax sets new benchmark price of veteran tankers.
- Ardmore refinances three ships through leasebacks
Anthony Gurnee-led tanker owner expects to net $13m off of three medium-range tankers.
- Top Ships closes financing for suezmax tanker brace
Evangelos Pistiolis-led Top Ships has closed a $92.5m sale-and-leaseback deal involving two suezmax newbuildings. Nasdaq-listed Top inked the transaction with a major Chinese lessor in what marks one of the final stages in the funding of its newbuilding orderbook. Polembros to take Pistiolis suezmax newbuilding duo Top Ships lines up final pieces of newbuilding funding Pistiolis, chief executi
- Navios Containers spending $129m on four boxships
Greek owner adding 4,360-teu vessels, with options for two 10,000-teu units.
- USC forming four new shipyard groups
Russian state group also eyes cruiseships, LNG-fuelled vessels.
- CIMC raises $290m in bond sales
The world's largest container maker has sold CNY 2bn worth of perpetual bonds to replenish cash reserves and repay debts.
- P&I is ripe for a technological revolution
International Group clubs should embrace technology and pool data, writes Richard Adler of Marsh
- Oceanteam investors agree $22m share issue
Restructured Dutch OSV owner Oceanteam is free to issue new stock worth NOK 188.27m ($22m) to support growth. Shareholders approved the sale, and also the swapping of shares worth up to NOK 62m to bondholders in return for cancelling notes of $5.17m. CEO Leidus Bosman said: "We are delighted that both bondholders and shareholders are aligned, taking a long term strategic view and have given us t
- Scorpio firms reveal $122m scrubber investment
Scorpio Bulkers and Scorpio Tankers set out further details on scrubber installments.
- Can Brazilian shipbuilding reclaim its place in the sun?
A new president has divided the country but kindled hopes in shipyards that the national industry can recover some of its former glory after the corruption scandal that froze tanker orders
- Star Bulk Carriers clears out oldest bulkers
Expanding listed owner sheds handymax, circulates cape for sale
- Solstad signs 33-month CSV charter
Norway' Solstad Offshore has fixed out a construction support vessel (CSV) to Ocean Infinity for 33 months. The deal starts in the third quarter of 2019. Ocean Infinity will use the ship for its global seabed mapping and survey services. Solstad CEO Lars Peder Solstad said: "This is a very exciting project to be a part of, and we are delighted to be chosen by Ocean Infinity as their shipping
- Trio of major investors back Okeanis Eco Tankers private placement
Major shareholders take up stock as newbuilding funding nears the finishing line.
- Hamburg Sud crewman tied up by drugs gang
But cocaine later found on board was not planted in Brazilian raid, authorities believe.
- MSC reveals IMO 2020 surcharge formula
Boxship giant unveils bunker levy to recoup low-sulphur fuel costs.
- Nautilus forming JV to buy cancelled mining ship
Canada's Nautilus Minerals is forming a joint venture to own a mining ship cancelled by a Chinese yard. The venture with third parties would fund the acquisition and operation of the MAC Goliath, which had been ordered by Dubai's Marine Assets Corporation (MAC). Nautilus had earlier agreed to pay a charter fee of $199,901 per day over five years for the ship, but will now own and charter it out
- Drewry: being good at shipping may no longer cut it
Consultancy says diversification by giant lines could change landscape completely.
- Shipping analysts split on possible Opec impact on tankers
With members expected to turn down the taps, experts take different positions on any fallout for tankers.
- Eight line up for Lebanon FSRU trio
Ministry publishes names of bidders who will now compete for planned regas units
- Food for thought: 20 Questions with Wartsila's Tamara de Gruyter
What was your earliest memory? Playing in a sandbox in kindergarten with my friends. Did you go through training/university or straight into work? I went to work straight after getting my BSc in shipbuilding engineering from Haarlem Polytechnic. I have good memories of my first job as a technical commercial engineer assisting colleagues in the Asian market, as I was working in an exciting interna
- Maersk says 'happy birthday' to Hamburg Sud with Lego gift
AP Moller-Maersk has handed Hamburg Sud a very Danish birthday present, just in time for Christmas. Lego stays in shipbuilding as Kirk exits A year on from completing the takeover of the German container line, Maersk says the only way to commemorate is with a Lego vessel. Maersk did not say on its Instagram post how much the model will cost, but its iconic Triple E Lego ship sold for around $15
- VIDEO: three missing after ferry blaze
Search on off Indonesia following evacuation.
- Ex-Western Bulk man Furu is new Hoegh CFO
Finance chief joins from law firm Wikborg Rein.
- Hyundai Samho inks two more LNG carriers
Korean yard follows Latsco order with Asian deal worth $370m.
- Trump and Xi agree to call trade tariff truce
US and China look to negotiate a lasting agreement after delaying more tariffs by 90 days.
- Fake newbuildings land 21 in Chinese jail
A project to increase the world's shipyard capacity may sound like a very bad idea, but those involved don't normally go to jail.
- Stanford Marine Group reportedly attracting multiple bidders
But any sale of UAE-based offshore vessel operator likely to leave creditors facing debt haircut.
- US criticizes Yamal LNG transfers in Norwegian waters
But Russians accuse US of "resorting to political instruments" for the sake of unfair competition.
|DECEMBER 3, 2018|
- Trump-Xi truce good but details elusive, analysts say
The American and Chinese leaders agreed Saturday to de-escalate trade tensions, including holding off on additional tariffs, but different factors could contribute to or detract from the truce.
- MSC, CMA CGM lay out new fuel cost charges
Both companies will start using new formulas on Jan. 1 in advance of the low-sulfur exhaust mandate.
- Port of Alaska reopens after earthquake
Alaska Railroad remains shut down, but neither TOTE Maritime Alaska nor Matson reports injuries or damage.
- Ports fret over CBP's demands for new facilities
Maritime port authorities say they are under pressure from Customs and Border Protection to build new on-site facilities for the agency's officers.
- Trump says he'll withdraw from NAFTA
He told reporters aboard Air Force One that he's making the move in an effort to push Congress to pass the U.S.-Mexico-Canada Agreement.
- Georgia announces next inland terminal location
- Physicians sentenced to prison for falsifying exams
- CBP cancels meeting in honor of President Bush
- Freight forwarding executives plead guilty to fixing prices
- FMC looking at 19 OTI license applications
|DECEMBER 3, 2018|
- Mexican President Lopez Obrador sworn in, pledges to intervene in energy prices, attacks energy reform
Mexican President Andres Manuel Lopez Obrador promised radical changes and an end to corruption during his inauguration speech, attacking the country's planned energy reform and promising to intervene to lower energy prices.
- OPEC focuses on cuts deal after Qatar exit shock
OPEC members are determined to agree this week a new output deal
- US-CHINA TARIFFS: Fundamentals dampen initial market excitement over Trump's G20 announcement
Chinese equity markets rallied on Monday on the news out of the G20 meeting in Buenos Aires that US President Donald Trump had agreed to leave the tariffs on $200 billion worth of Chinese products at 10% from the start of next year, rather than raising them to 25% as previously planned.
- Hong Kong delivered LSMGO declines in Nov on ample supply, weak demand
The price of delivered low sulfur marine gasoil in Hong Kong declined steadily in November on ample supply and lackluster demand, market sources said.
- Bunkering operations at Novorossiisk resume after storm
Bunkering and other operations at the Russian Black Sea port of Novorossiisk have resumed
- Singapore marine fuel stocks fall 20% on year ahead of new sulfur rule
Marine fuel stocks in the world's largest bunkering hub of Singapore have sunk by 20% from last year's level, as a structural shift in the market hastens the pace of change already underway ahead of new shipping fuel regulations set to kick in just over a year from now.
- External: Global Risk Management
- TRADER NOTE: Island Oil hires Kieran Michael C. Brown as credit manager
Brown has more than 15 years of experience as a credit manager.
- OPEC works on getting its message right to a skeptical and confused oil market
Negotiating an agreement on any cuts will be a tough task in itself.
- FUTURES: Crude jumps $2/b as US-China trade tensions ease
A 90-day ceasefire truce between the US and China has lent a positive spin to Asian markets this morning, OCBC analysts said.
- Fresh US-China trade talks may help restore some commodity flows
The provisional cessation of trade hostilities is likely to benefit US exports of soybeans, crude oil and liquefied natural gas to China.