|APRIL 6, 2018|
- ONE member liners complete joint venture investment of US$3b
- Cosco christens 3rd 20,000 TEU containership built at China yard
- China slaps tariffs on 128 US goods including meat and wine
- US releases list of US$50b in Chinese imports targeted for tariffs
- PSA-Panama hosts first post-panamax containership
- Container shipping to deploy artificial intelligence to fuel growth
- UAE Maersk staff and customers raise funds for education in Africa
- Air China starts Beijing-Houston-Panama City service
- Big data analytics, globalisation are vital for businesses in APAC: EIU study
- Turkish Cargo flies 1.5 million live fish from Oman to Turkey
|APRIL 5, 2018|
- APL introduces China Bangkok Express service
- Better supply-demand balance & higher freight rates forecast for container shipping
- New report reviews pathways to zero-carbon shipping
- Panel discusses issues relating to trade promotion through sea route, building up robust port & coastal infrastructure & revising & relaxing maritime regulatory issues to promote blue economy in India
- PDP Shipping & Projects receives AEO status
- APM Terminals Mumbai handles record volume in 2017-18
- JNPT's DPD transport solution to kick off from May 1 this year
- Clarifications with respect to the e-way bill system
- Cabinet approves MoU between India & Iran on setting up expert group for trade remedy measures
- Total INR 17,616 cr. of refunds issued to exporters under GST
|APRIL 6, 2018|
- Discrepancies for a duo
- Expected and surprised
- New freight train eases Chinese steel exports
- Indian logistics park shortens transit time by 22 hours
- No more KOG Worldwide
- Shareholders added for MIT in Port Moresby
- Project cargo to Toulouse
- New nonstop Austria-Germany links
- Curious change of functions on DHL executive board
- Operations commence in Yang Ming affiliate
- Mainfreight partnering Henkel
- Russian airlines loosing freight volume
- Hupac adding trains for Italy-UK services
- New Netherlands-UK service
- Progress for Sinotrans in 2017
- Garlichs new Siemens PPA Logistics COO
- Slot management at Brussels and Frankfurt airports
|APRIL 5, 2018|
- COSCO plays down trade war risks
- "K" Line pleads guilty of Australian car shipment 'cartel' activity
- Seoul unveils five-year plan to save its maritime sector
- Marine insurers seek to calm liability fears over AI
- Updated: Samsung HI wins LNG carrier pair
- European bulk terminal operator HES International changes hands
- South Korea and India import more ammonia from Trinidad & Tobago
|APRIL 5, 2018|
- Customers angry as 'capacity-hobbled' UPS quietly pushes up fuel surcharges
- Strong start for air freight, but trade wars could start a downdraught
- E-commerce logistics operators will be hit hard by new HMRC rules
- US-China trade spat looks set to rearrange perishables supply chains
- 2035 and all that: global warming, ship emissions and acronym soup
- ATA's Costello paints grim picture of US truck driver shortage - it's a big number
|APRIL 5, 2018|
- VIDEO: New Norwegian polar vessel set to be operational by June
- AWO approves MARCOM as Responsible Carrier Program auditor
- K-Line pleads guilty to criminal cartel conduct in Australia
- South Korea unveils restructuring plan for shipping and shipyards
- White House condemns Houthi attack on commercial vessel
- Horizon Shipbuilding reports busy year
- RAD-Power to support Karl Senner products in Canada
|APRIL 5, 2018|
- Owners divided over relative value of newbuilds and secondhand vessels
Forum opinion divided over extent to which private equity funds will continue playing a key role in the industry
- Beijing brings trade wars to tankers with a proposed tariff on propane
Tanker owners risk being hit harder than the US energy and Chinese petrochemical industries in a trade war
- What now for gender pay?
Take a deep breath, it's time to recalibrate everything you knew about employment
- California fines MSC for emissions violations
Box carrier to pay $350,000 penalty after four ships violate clean air rules
- Viewpoint: Too much expectation
The explosion in ship sizes has led to people having to take a lot of risks in waters never designed...
- Gender pay gap figures revealed
V Ships, NYK Group and Carnival among worst offenders with significant gender pay gaps revealed
- Iron ore and minor bulk demand growth to drive up bulker earnings
Coal imports to China and India could surprise to the upside but medium term prospects look better for smaller vessels
- Team Tankers finalises Laurin deal
Deal will take the Team Tankers fleet from 37 to 52 vessels
- Long Beach aims for low emissions
Vehicles and cranes targeted for zero-emissions trial
- SHI wins order for LNG pair
Newbuilds tie in with GasLog's order for two vessels reported last month
- South Korea's new maritime plan includes orders for 200 vessels
The 200 vessels comprise 140 bulk carriers and 60 containerships
- Singapore arrests Vermont UM vessels as firm's troubles grow
Tighter regulatory oversight and fierce competition in Singapore's bunkering sector have seen a number of companies exit the sector in...
- Soyabean flows from US at risk from trade spat
US-China trade disputes will not reduce global demand but will see flows adjust, says agribusiness forecaster IEG Vantage
- K Line pleads guilty to criminal cartel conduct in Australia
The charges concern the shipping of vehicles to Australia between July 2009 and September 2012
- Cyber attack - an act of war or terrorism? Are you covered?
The potential exposure faced by the maritime industry must not be underestimated
|APRIL 5, 2018|
- 12 steps to becoming a shipper of choice
- Traditional forwarders shrug off threatened digital disruption
- After strongest US growth, Philadelphia port to double capacity
- Tariffs threaten nearly 7 percent of China-US container trade
- Long Beach, SSA Marine launch electrification effort to meet emission goals
- DP World Cochin Terminal leads India major ports' growth
- US-China trade tariff drama undermining air cargo confidence
|APRIL 5, 2018|
- Sveaas backs Norgas in bid to help IM Skaugen
- Banks stalk rogue tanker at centre of Alang standoff
Vessel slipped arrest in Sharjah last year but has since been circulated to cash buyers at a bargain price
- Revived RVI tool is being crafted for LNG carriers
Financial product that guarantees value of a vessel at the end of its lease may have new relevance for gas shipping sector
- Aviation product never really got off the ground in shipping
- Kalani cases crawl through US courts at a snail's pace
Judge rules out merger of DryShips and Top Ships lawsuits, but little else has been decided as plaintiffs quarrel
- Scorpio Tankers amends key interest covenant
- Buyback boosts Economou's DryShips stake beyond 70%
Recapitalisation sends owner's holding soaring back towards pre-IPO levels
- Wilhelmsen $400m bid for Drew Marine hangs in the balance
US competition watchdog objects to acquisition of world's second-largest provider of water treatment chemicals
- Exmar taps proverb to post mixed results
- Shipping industry faces moment of truth on climate change stance
IMO member nations must agree an ambitious global programme of cuts to greenhouse gas emissions or shipping will face a divisive patchwork of regional measures
- ONE takes to the stage as an instant top-10 outfit
- Schuldt fleet move would lift Blue Net into top spot
Third owner expected to join two of the world's largest containership tonnage providers in merging their fleets into a single massive chartering desk
- Surge in LNG carrier orders at South Korean shipyards
The first quarter's deals already closing in on 2017's bookings, although brokers and suppliers' forecasts vary widely on likely year-end total
- Sigtto expects big turnout at London event
- Sharjah poised to float FSRU requirements
- JX Ocean taps HHI to build VLGC
Newbuilding deal at South Korean yard marks firm's first order outside of Japan
- Cosco OSV deal architect takes CFO role at Seacor
Long-serving strategy executive Jesus Llorca steps up to finance job
- 'The Farstad organisation has gone'
- Ex-Farstad boss Bakken emerges to head up Remoy
Karl-Johan Bakken has left a big fish to join a relative minnow, but he is happy to beef up his local offshore cluster
- Greenpeace: Equinor as smelly as Statoil
- UK will be exempt from EU shiprecycling rules after Brexit
- Absence of major incidents sparks burning cost caution
- Allen discovers wreck that inspired Spielberg movie
- Tanker scrapping on a lasting roll - analyst
More than 130 vessels may be torched after busiest first quarter ever, analyst says
- Shipbroker Prapopulos dies at 81
- Petrobras portal draws howls from shipbrokers
Petronect was launched three years ago to drive chartering efficiencies, but it is increasingly frustrating shipbrokers
- Master who then became a broker
- From fixing VLCCs to fishing for salmon with Fredriksen
Affinity's Per Mansson heads into retirement with a typically shrewd assessment of the market and some well-chosen advice for shipowners and brokers
- Slow steaming helps VLCCs to rebound after slump
'Appallingly low returns' drive crude carriers to travel two knots slower than last quarter
- Beibu doubles money on kamsarmax bulker with S&P deal
- Omicron exits handysizes with sale of veteran
- Graig selects yards for ultramax orders
Family owned Welsh shipping company is placing its first orders in eight years with an upgraded ultramax design
- Golden Ocean tipped to sell bulker
- Major shipping firms pledge to bridge UK gender pay gap
V.Ships, Clarksons and Braemar among the big names to reveal pay data and promise to push for greater diversity.
|APRIL 5, 2018|
- China requests WTO consultations over 'Section 301' tariffs
China has requested World Trade Organization (WTO) consultations with the United States over tariffs proposed by the Trump administration p...
- U.S. companies up in arms over how to handle China's trade practices
The Trump administration has proposed tariffs on $50 billion worth of goods to counter observed unfair intellectual property (IP) and techn...
- South Korea to assist in 200 ship orders
South Korea will assist companies in placing orders for about 200 commercial vessels in the next three years to help its shipping and shipbu...
- L.A. Harbor Commission president resigns
Vilma Martinez announced that she's stepping down as president of the Los Angeles Harbor Commission, effective Friday. She has served on th...
- Executive Moves: BDP International and Pilot Freight Services
BDP International has named Chris LoPriore vice president of global sales and marketing. He joins the Philadelphia-based freight forwarder ...
- McLeod Software integrates with LoadPay
McLeod Software has integrated with online freight marketplace Truckstop.com's payment platform, dubbed LoadPay, the companies announced. ...
- FWS proposes to list snake as threatened
The Fish and Wildlife Service (FWS) is issuing a proposed rule to list the Louisiana pine snake as a threatened species under section 4(d) ...
- APHIS unveils new phytosanitary option for Chilean lemon imports
The U.S. Department of Agriculture's (USDA) Animal and Plant Health Inspection Service (APHIS) is offering another option to fulfill phytos...
|APRIL 5, 2018|
- Bunker demand at Malta rises on Greek holiday
Bunker demand at Malta firmed Thursday as ships that would have bunkered at Piraeus, Greece, diverted to Malta, sources said.
- European fuel oil market weakens as oversupply bites
The European HSFO market suffered from a surplus of product in the first quarter of 2018, a situation expected to drag into Q2 due to slack bunker demand in both Europe and Asia, as a lack of Middle East power generation outlets weighs on the market.
- Demand for winter-spec marine gasoil in ARA persists, despite official switch to summer
Bunker demand for winter-grade specification marine gasoil in the Amsterdam-Rotterdam-Antwerp hub has persisted over the past week, despite the switch to summer spec on April 1, as below-average temperatures in the region lingered, sources said.
- Freight outlook bearish amid persistent fleet oversupply
Freight rates for VLCCs traveling from West Africa to China fell close to a 15-year low in early March and the VLCC route from West Africa to China, basis 260,000 mt, was assessed at $8.08/mt on March 7, the lowest since September 2003, when it was assessed at $7.80/mt, S&P Global Platts data showed.
- New US sanctions on Venezuela not expected at Lima summit: White House
The US plans to keep increasing pressure on Venezuelan President Nicolas Maduro over the next several months, but President Donald Trump will not be announcing new sanctions during his trip next week to the Summit of the Americas in Lima, Peru, a White House official said Thursday.
- April VLCC HSFO fixtures from NWE East drop on overloaded Singapore
The movement of European fuel oil to Asia has dwindled in April on a closed arbitrage, a well supplied Singapore market and an increase in VLCC freight rates, traders said.
- Saudi Aramco says refinery, shipping activities normal after Tue, Wed attacks
Saudi Arabian refinery and shipping activity were normal Thursday after a missile attack on the refinery was intercepted and an attack on an oil tanker in the Red Sea was foiled earlier this week.
- ANALYSIS: Less Colonial Pipeline distillate demand shows shift to seasonality
"I think it's likely to stay unallocated through the summer," a ULSD source said.
- Yemen conflict risks spilling into oil sector
"We continue to see Yemen as the most dangerous confrontation for the oil market as it is the one that could be the tripwire for a direct confrontation between Saudi Arabia and Iran," head of commodity strategy at RBC said.
- US 'very concerned' after Saudi oil tanker attack in Red Sea: White House
The attack coincides with the UN's High-Level Pledging Event in Geneva, where a Saudi-led coalition contributed $930 million.
- China to cut VAT by 1 percentage point across sectors, effective May 1
Most goods in the oil sector -- including crude oil, gasoline, gasoil, naphtha, jet fuel and fuel oil -- will see VAT decline to 16%, from 17% currently.