|OCTOBER 19, 2018|
- MSC to install TRAXENS tracking devices on containers to boost visibility
- DP World starts building Port of Berbera in Somaliland
- Gulftainer to spend up to US$3b to double its box capacity in five years
- Maersk heads group to invest US$22m in Loadsmart
- MOL successfully trials container tracking devices over China-Europe railways
- GLS HK utilises EFDI's cargo data exchange platform for India market
- DHL launches new app for real-time risk management in the supply chainv
- Britannia Maritime Consultants announces two senior appointments
- HK's September airfreight volume hit by Typhoon Mangkhut
- Turkish Cargo and Air Europa launch new cargo services in the UK
- Saudia Cargo's priority express service from Saudi Arabia to Europe
|OCTOBER 18, 2018|
- APL's Eagle GO Guaranteed extended to Asia-Middle East & India Subcontinent networks
- Bothra Group inaugurates New Delhi office
- CEVA Logistics announces increase in CMA CGM stake
- CMA CGM celebrates its 40th anniversary in Mumbai
- FIATA signs agreement with WCO to cooperate in training & education
- MOL announces revision of its consolidated business outlook for first half of FY2018
- APM Terminals India resumes operations at CFS in Nhava Sheva
- BMCT receives first coastal service call from Shreyas Shipping
- Chennai Port achieves new clay handling record
- Paradip Port achieves all-time record in vessel movement & single-day cargo handling
- Exports growth impacted due to high base effect but $ 350 bn target achievable, says FIEO President
- Indian companies investing in Africa & forging new people-driven partnerships: Minister
- Most IGST refund claims cleared, says Finance Ministry
|OCTOBER 19, 2018|
- Fast forwarding with the ships of the future
- Setting out for the future
- Truck of the year in Northern Ireland
- Practical trial of the eActros starts in Mannheim
- Way open for more cargo between Dallas and Paris
- BGL veteran turning 70 today
- MOL adopting AR technology for shipping
- Agility carbon measurement tool certified
- Kurt Nagle calls it a day
- US multimodal provider honoured by Canadian Railway
- Strong nine months for port of Corpus Christi
- Iowan airport expanding cargo business
- "Curiosity of the Day"
- Ongoing strong year
- BNSF to test green technology for Californian railyards
- Arkas secures LNG bunkering in Turkey
- New Interferry chairman takes the reins
- MAB Kargo flies oil well parts to Brunei
|OCTOBER 18, 2018|
- P&I insurer quits Lloyd's amid cost concerns
- CMA CGM protects its lead shareholder position at CEVA Logistics
- MSC Cruises targets luxury cruise market with EUR2 billion four-ship order
- KNOT books up to four shuttle tankers at COSCO Shipping HI
- China's Oriental Energy seals LPG purchase from Qatar Petroleum
- Lawmakers urge South Korean government to increase maritime revival budget
- Sumitomo-Arkas tie-up offers ship-to-ship LNG bunkering in Turkey
- Seoul steers Korea's maritime sector revival
|OCTOBER 18, 2018|
- CMA CGM stake in Ceva 'is no threat to the forwarders'
- 'Remarkable' nine-month performance from K+N, but a note of caution
- Samskip targets intra-Europe shortsea traffic with new Italy-Netherlands rail service
- Forwarders must meet digital disrupters head on and adapt, or sink
- Gatwick proposes capacity increase through routine use of standby runway
- Logistics startup Vaahika making strides in India
- New Hainan Airlines service offers Norway fish exports a quicker way to China
|OCTOBER 18, 2018|
- Workers return after hurricane to hard-hit Eastern Shipbuilding
- MAIB reports on why giant containership slammed into Jebel Ali quay
- Damen to supply two ASD 2411 tugs to Abhu Dhabi Marine Services
- MSC Cruises inks EUR 2 billion, four ship MOA with Fincantieri
- IMO CO2 targets can be met say Project Forward partners
- Blount Boats adds tug contract to growing order book
- World's largest LNG bunker vessel heads to Europe
|OCTOBER 18, 2018|
- Don't compromise safety for sake of formal compliance, Greeks warn IMO
In new salvo ahead of MEPC 73, Theodore Veniamis draws attention to tramp shipping's 'itinerant' nature, increasing its exposure to...
- Yard Talk | State advances, private sector retreats
Its recent partnership with Mitsui to build large LNG carriers is an opportunity for Yangzijiang to once again demonstrate that...
- South Asia claims 70% of scrapping market in the third quarter
Bangladesh led the major shipbreaking nations with 35 recycling projects in the quarter, while China scrapped just one ship, according...
- JP Morgan sees dry bulk peak in 2020
Earnings on the biggest bulkers should continue to rise through to 2020 before dropping off, a report by JP Morgan...
- Boxship time charters to soften through fourth quarter
Despite higher rates, low utilisation will keep time-charter rates subdued for the remainder of 2018
- Last Word: Giving voice to the voiceless
The happiest crews are those who get paid in full and on time, have good food and access to a...
- China's export growth 'not sustainable'
An uptick in exports from China to the US ahead of the imposition of further tariffs looks likely to be...
- Viewpoint: Scrubbing up nicely
BIMCO, along with paint and coating manufacturers, ship operators and companies engaged in hull cleaning hope that by the autumn...
- Sompo's James Hyett joins cargo underwriting team at Aegis
James Hyett will leave his job as a marine underwriter
- Fincantieri wins new $2.3bn vessels order from MSC
Agreement will see four 64,000 gt ultra luxury cruiseships being delivered from 2023
- BPA chairman Alec Don steps down
Mr Don is leaving the post of CEO of the Port of Milford Haven on good terms after eight years...
- Daily Briefing
Tankers at mercy of replacement barrels from lower Iranian oil exports | Average loan-to-value on Italian bulkers said to be...
- Benchmark transpacific freight rate at year-high
Demand growth and rates seen sliding back by end of the year however as tariffs finally kick in
- BIMCO president blasts ill-judged regulations
Anastasios Papagiannopoulos had ballast water management and the 2020 sulphur cap in mind as he complains that the debate on...
|OCTOBER 18, 2018|
- Low-sulfur clock ticking for heavy-lift carriers
- Top 50 Global Logistics Providers: 2017 - strong revenue growth
- Projects to boost truck fluidity at NY-NJ port but more needed
- Europe rail projects, road tolls come online amid truck scarcity
- PSA JNPT terminal targets transshipment with new call
- US tariffs to hit trans-Pacific imports hardest in 2020
|OCTOBER 18, 2018|
- Canfornav's Michael Hagn dies at 74
President and chief executive had been force behind transition to shipowning; Knud Jensen to take over.
- Diversifying yards in Europe may face struggle to meet delivery schedules
Some have been more successful than others as shipyards' landscape reflects need to adapt to changing market demands
- Mitsui-Yangzijiang tie-up could create shipbuilding powerhouse
New Asian yard partnership is being watched closely by competitors in Japan, South Korea and China
- Winds of climate change tell us to sail back to the future
If the industry is to get anywhere near contributing its fair share of vital carbon emission cuts, it needs to think beyond scrubbers and take a fresh look at a much older technology
- Major liner alliances break rank on Asia-Europe trade
Two big groups reverse capacity cuts with plans to redeploy and upsize tonnage
- MSC leads boxship charge for scrubbers
Scrubbers to be a big part of container operator's $1.5bn eco-investment scheme
- Eastern Pacific takes Hyundai Samho boxship haul past $1.25bn
Shipowner books another seven neo-panamax containerships at the South Korean yard, splitting its total of 11 vessels at the facility between LNG-fuelled and scrubber-fitted units
- Contships homes in on feeder boxships sextet
Nikolas Pateras-led outfit exceeds 30 ship-mark with deal for Hartmann and FPMC vessels
- Repsol reignites hunt for LNG bunker vessel
- JERA to have 'inherent' exposure to LNG bunkering
- GasLog's partner calls in bids for Greek FSRU
Gastrade said to be within weeks of sanctioning the country's first floating LNG-import terminal
- Edison homes in on Knutsen for small-scale LNG carrier
- Bernhard Schulte Shipmanagement's first LNGBV heads to the Baltic
- New Borealis plant to boost VLGC shipments to Antwerp port
Austrian chemical giant's new PDH plant will require the equivalent of 25 to 30 VLGCs per year when running at full capacity
- SSY's Turner steps down as LNG market reaches new heights
Gas specialist explains why this market upturn is different and how many more ships may be needed
- Shipowners pick up bargains as six Toisa OSVs change hands
Navieros del Golfo and Micoperi are among the buyers of six of nine ex-Callimanopulos offshore vessels
- Response team tackles shadier side of shipping
- Landlubber swaps big business lifestyle for career in charity
- Technology is key to unlocking greater efficiency
Chief executive extends society's reach and impact with series of digital apps
- Sailors' Society scores double century caring for seafarers worldwide
Digital age sees charity move from Napoleonic-era roots to a 21st century welfare lifeline for crews
- Volga State University joins Nautical Institute
- Marine insurers reveal losses from super yacht blaze at Lurssen
Two leading firms warn profits will be hit following fire that destroyed luxury vessel at German shipyard
- Poulsson calls for 'common sense' to prevail over 2020 rules
- Minoa Marine buys second panamax from Fukujin Kisen
Twelve-year-old panamax changes hands, lowering the average age of both the buyer's and the seller's fleet
- Tsakos team turns charity pedals with ride to Paris
- Integr8 fuel supply unit heading for higher profile
Bunkers arm of Navig8 group has seen little fanfare, but that may change with the IMO 2020 deadline and increased focus on fuel price and quality
- P66 and Koch take more crude tankers on time charters
US refiners are still active in locking in tonnage after recent chartering spree
- Vitol emerges as charterer of NAT newbuild
- Clarksons and Braemar in same boat over leadership challenge
Both London-listed shipbrokers are searching for new chairmen and ways to restore shareholder confidence in their boards
- '2020 wild card' could buoy shipbuilding
Contracting levels are still low but, according to market analysts, shipbuilders could be about to benefit from environmental regulation
- Japanese industrial giants reposition as orders dwindle
Publicly quoted outfits are focusing on their strengths and working with peers to compensate for their weakness
- Allseas exits handysize sector with bulker sale
- High-value vessels bolster European orderbook
- Bocimar and Oak Maritime put capesize bulker up for sale
- Masterbulk sells final two 1980s-built bulkers for recycling in Alang
- German yards toast gilt-edged orderbook
- Chinese capesize owners under bank pressure to sell
Local ship-finance players are pushing owners to raise cash by selling bulkers, and talking to foreign owners about fleet deals
- New Chinese ECA claims Dohle ship as first victim
Containership accused of operating while exceeding sulphur-content rules
- Scorpio has a surprise defender in shares deal
This analyst may be the last person you'd expect to rise and support Robert Bugbee and team on corporate-governance grounds.
- Britannia says no to general increase
- Hartmann revives ethylene carrier order at CIMC
Aborted GasChem Narwhal project resurrected at former Sinopacific shipyard two years after Ocean Yield-backed contract was cancelled.
- Fosen Yard takes over bankrupt NES
Norwegian shipbuilder to revive German yard as it sees synergies.
- Hyundai Heavy workers stage partial strike
Union staff walking out this week in pay dispute.
- SD sells laid-up PSV duo, leases back another
Oslo owner finds buyer for ships acquired from defunct World Wide Supply.
- Keppel Offshore & Marine snaps three quarter losing streak
- Del Monte moves into boxships with Chinese order
US fruit giant inks debut for six feederships at Huangpu Wenchong.
- VLCCs next in line for US exports led rate spike
DNB Markets says drivers of last VLGC and LNG carrier up-cycles will soon arrive in big tanker market.
- Speed and confusion blamed for CMA CGM dock smash
VIDEO: UK warns of shrinking margin for error as boxships grow bigger after UAE bash that injured 10; report comes days after second smash in India.
- Sentinel Marine snaps up Siem PSV
UK owner adds Norwegian vessel to ERRV fleet for reported $0.5m.
- Nissen Kaiun capesize sale shows renewed price confidence
Japanese shipowner has inked a deal which reverses price trend observed of late.
- Giuseppe Bottiglieri poised to exit the tanker sector
Sale of four tankers expected to raise $30m for restructuring Italian shipowner
- Bulk needs broader investor base to spur stocks
Shipping investors have their positions, meaning generalists are needed to move the dial, Jon Chappell says.
- MSC Cruises inks four-ship deal worth $2.3bn
Fincantieri bags order for "ultra-luxury" vessels as cruise boom continues.
- Troim flips 2020 Bulkers plan and will now take in newbuilds
- Transocean purchases second MR tanker
- Tallink orders $287m LNG shuttle ferry
Estonian owner picks Finland's Rauma for green newbuilding.
- Oltmann launches new green ship fund
German owner teams with Briese to raise money against eco-MPP newbuild.
- Sleeping master grounded Venus cargoship
Exhausted captain affected by alcohol as cargoship sailed into trouble off Sweden.
- Norwegian royals see Seglem sign for China tankers
Contract signing among several events taking place during Norway-China Business Summit
- Sumitomo expands LNG bunkering footprint to Turkey
Tie-up with Arkas Bunkering will see ship-to-ship LNG bunkering introduced in the region.
- More to come for AET after 'leap of faith' on LNG-fuelled tankers
Senior executives at the MISC Berhad-controlled tanker owner outline their future vision for LNG fuelling as the Eagle Bintulu and Eagle Brasilia are named at South Korea's Samsung Heavy Industries
- Contaminated bunker unrelated to low sulphur fuel
IBIA report suggests there is no direct co-relation between low sulphur fuel oil blends and cases of bad bunkers impacting vessels this year.
- Triton sheds bulker amid growing S&P talk in supramax sector
As supramax charter rate index hits 4.5-year high, deal talk in the sector accelerates
|OCTOBER 18, 2018|
- Japan refiners secure alternatives to Iran oil, still seeking US waiver: PAJ
- Saudi Aramco to take 9% stake in China's private Zhejiang Petrochemcial: sources
- Final fuel oil barges to be loaded from Antwerp Fri on coker upgrade: sources
Coker will result in loss of up to 200,000 mt/month of HSFO in the region.
- Binding offtake deals with Polish company lift Venture Global LNG export hopes
- Fujairah ex-wharf bunker premiums may find near-term support on limited supply: sources
"I think premiums will continue to be high until the end of the year," a Fujairah bunker fuel trader said.
- FUTURES: Crude dips on US stock build as supply concerns stem fall
US commercial crude stocks rose 6.49 million barrels to a 15-week high of 416.44 million barrels in the week ended October 12. EIA data showed.
- FUJAIRAH DATA: Oil product stocks rise 2.9% on week as light distillates climb
Stocks of heavy distillates and residue slipped by 0.3% on the week to 7.913 million barrels.
- Goldman Sachs Currie plays down $100/barrel oil risk
Its base case is for a modest decline in inventories in the Q4, which will likely keep prices somewhere around $80/b, Currie said.