|APRIL 20, 2018|
- Teamsters, electricians give Canadian Pacific warning of rail strike on Saturday
- LA-LB terminals agree to shift to lower trucker pick-up fees
- Asia-Europe rate war looms as capacity is set to bulge
- 13th Singapore Maritime Week April 21-29 sees new opportunities
- First China-Japan trade talks in 7 years seek common ground
- Port of Antwerp to offer LNG to small ships, barges
- Rotterdam musters stake holders to reduce inland congestion
- Shippers face fines for using Chittagong waterfront as warehouse
- JNPT's DP World leads in productivity, but APL wins on turn times
- CMA CGM contracts to run Nigerian container terminal at Lekki
- Flydubai marks Africa expansion with Kinshasa flights
- IAG takes 4.6pc of Norwegian Air Shuttle as step to bigger share
- Indian e-commerce booms as Amazon, Flipkart takes 80-85pc share
|APRIL 19, 2018|
- ONE Line launches East India operations
- The Nautical Institute issues new guidance for polar shipping
- Hamburg port's container transporters run on green energy
- Major Ports set to pioneer water recycling & desalination
- Cathay Pacific Cargo further facilitates pharmaceutical shippers
- Dachser Asia Pacific scales new heights
- DGFT asks industry to implement internal compliance programmes on export control
- WTO sees strong global trade growth in 2018 & 2019
|APRIL 20, 2018|
- ONE becomes visible
- More than 150,000 carloads shipped without incident
- Logistics specialist optimises ramp operations
- Solid Q1 result
- Q1 mostly strong for port of Antwerp
- First BAe 146F readies Jota for cargo charters
- Palfinger welcomes new CEO
- Ryder acquires MXD
- Canada to boost port of Montreal's intermodal facility
- Enhancing short sea shipping between UK and NL
- Porath leads Porath in Poland
- Etihad Cargo leases Opticoolers
- New rail line to aid mining in Chhattisgarh
- Dnata GDP certified in UK
- Dachser to invest EUR 188 million in 2018
- Electronic trade platform launched in Tanger Med
- New head for UPS in USA
|APRIL 19, 2018|
- Ship Finance plans USD150 million convertible note issue
- Antwerp box capacity under pressure as Q1 traffic increases
- Scrubbers the solution to sulphur cap, says industry veteran
- APL's Sartini lays out customer strategy
- Sinokor poised to be major intra-Asia carrier with Vroon fleet
- Reefer scrapping market picks up
- Piracy attacks on the rise in west Africa
|APRIL 19, 2018|
- 'Encouraging start' to 2018 for Panalpina as profits leap in Q1
- Delayed AOC for new cargo airline in Germany frustrates Volga-Dnepr
- Time pressure on carriers to decide on scrubbers or more expensive greener fuel
- Analysis: Break-up talk of 'sleeping giant' Wincanton may be just market noise
- XPO integrates last-mile delivery data with Google and Amazon voices
- US pilots hit out at FAA study into single-pilot cargo aircraft
- Industry hits out at 'unfair' plan to make UK hauliers pay in new clean air zones
- Ports can help reduce ship emissions by using a 'polluter pays' fee system
|APRIL 19, 2018|
- AWO responds to Senate vote against Vessel Incidental Discharge Act
- Silver Ships creates feature packed fire/rescue demo boat
- Austal wins contract to build two more Pacific Patrol Boats
- DSME CEO set to stay for another three years
- Wärtsilä to maintain Viking Grace LNGPac system
- MSHS Group makes Brazilian acquisition
- Havila brings PSV out of layup for Total charter
- Response to gas pipeline fire continues
|APRIL 19, 2018|
- Demolition prices start to slide
Demolition values lose a 2018 high seen in mid-March
- IACS needs to become more agile, chairman warns
IACS chair announces changes to the technical body's membership and application criteria and calls for greater transparency within the association
- Five things to watch: Regulation
Environmental regulation is the long-term trend, but shipping must first contend with a wide-reaching transparency regulation coming soon
- Five things to watch: Ship finance
Say goodbye to your banker next door. Say hello to a global array of new lending products
- Tariff worries drag VLGC rates to eight-month low
US-China trade war fears trigger counter-seasonal weakness in VLGC markets even before tariffs are imposed
- The Interview: Ravi Mehrotra
Few have had a career comparable to that of Ravi Mehrotra, the 76-year-old Foresight executive chairman who has built a...
- Five things to watch: Marine insurance
Technology and industry consolidation are making the marine insurance sector stir up historically high levels of interest
- Goldilocks picks another fight with Noble amid restructuring spat
The investment fund says the letter from Noble's chairman 'is riddled with assumptions and inaccuracies'
- Pacific Basin to honour its share award scheme for $5.5m
Payment of about $5.5m will come from the company's internal cash resources
- Driver shortages and Brexit concerns driving shortsea market
A hard Brexit could be a blessing for smaller terminals with spare capacity
- BHP trims 2018 iron ore guidance
The giant machines that pick up and empty fully-loaded rail cars of iron ore caused a setback for the miner...
- Five things to watch: Law
Several cases before the London courts are tied up with the actions of some of the world's more controversial regimes
- Seadrill seeks new business after restructuring approval
CEO says Seadrill is talking with major oil services companies and that John Fredriksen is sticking around
- StealthGas eyes better market for small LPG carriers as building marathon ends
Greek owner takes last of four 22,000 cu m semi-refrigerated vessels from Hyundai Mipo, bringing its 26-ship programme to a...
- Diana Shipping gets higher rate for Cargill time charters
Both are dry bulk vessels and expected to generate about $16m in gross revenue
- Union marches with Pride for greater workplace inclusivity
Union attended the LGBT+ Pride march in London in both 2016 and 2017
- The women who move the world
Women's networking and support group is to focus on empowering women to lead
- Ship Finance to offer $150m in convertible notes
Ship Finance also intends to grant the underwriters an option to purchase additional notes of up to $22.5m
- Viewpoint: Biting the hands that feed us
Is there anything that will make the bulk of the population think more benevolently about the ships upon which they...
|APRIL 19, 2018|
- Incentive program, rail link help drive up NY-NJ port auto traffic
- ELDs seen reshaping US truck shipping patterns
- Global demand keeps China port volume up
- E-commerce drives double-digit warehouse rent hikes in top markets
- Russia says Asia-Russia rail transit time now considerably shorter
- KCS's New Orleans-Dallas rail shuttle to begin in May
- Port of Antwerp unveils barge congestion action plan
- India hopes tender changes jump-start interest in Chabahar project
|APRIL 19, 2018|
- Golar LNG in early talks with BP on FLNG
Gas shipping specialist has not identified vessel yet for project, but could head to Keppel for order.
- Bounce in Scorpio Tankers stock amid debt questions
Company's stock is still wildly below strike price as management considers strategy
- General Ore loan clinched as family legal spat rolls on
Court documents reveal refinancing secured last year for $50m loan from DNB
- AG Shipping buys first MR2 with more in sight
- NRP takes two more Nordic Hamburg handysizes
- Commodities have key role to play in ING's Asian ship finance growth
- Shipping bankers adjust to new realities
Major banks are sticking with Singapore, although some are taking a cautious approach
- City state still major centre for maritime
- Youroukos adds more Schulte panamaxes to fleet
- Niche outfit PIL not interested in big boxships
- Diversifying out of the box for PIL
- 'National carrier' PIL straps itself in for the long-haul
Teo Siong Seng says he was flattered by last year's talk that shipping giant Cosco was set to buy his family owned business
- Oslo fund delays help lift Rehder ship sale prices
Hamburg-based shipmanager says investors missed the boat as it ditches Norwegian equity project and finds buyers elsewhere
- Montoir celebrates milestone on LNG transshipment journey
Owner Elengy is in talks on more term deals and CEO expects rising US exports to increase spot activity
- Global number of charter-free FSRUs doubles in year
Projects abound but developers are making bigger demands of companies
- Terminal thinks big with broad range of services
- Newbuilds square up for project business
- Smit Lamnalco sponge-scape is the icing on the cake at Sigtto meeting
- Singapore's offshore sector opens doors to new breed of player
Carnage facing Singapore has seen newcomers take advantage of low asset prices to prepare for a market upturn - whenever that may come
- Two shipyards still key to Kim Heng story
- Kim Heng eyes 'work horse' assets at distressed prices
Anchor handlers bought for a song allow outfit to undercut its opposition
- HBA to clean up on backlog of rig maintenance
- HBA looks to Uber model in pursuit of offshore projects
Founder and chief executive Hassan Basma says leasing rather than owning will allow offshore-sector newcomers to take advantage of opportunities
- Retiring Miclyn Express boss eyes mentoring role
Veteran positive about offshore outfit's prospects
- Leaving behind a lasting legacy
- UK offshore wind projects energise workboats activity
Steady rise in numbers of UK workboats a clear sign of how renewable energy is creating vessel demand
- Walk-to-work vessels prove popular amid summer rush
- Vroon Offshore team on the run aims to raise hospital funds
- Shoreline to provide cyber and fraud cover
COFR pioneer links up with XL Catlin for integrated crime-insurance policy
- Greek owner slams Iraq over handling of fatal bulker crash
- Carbon deal does not leave everyone happy with IMO's stance on emissions
- World Bank and IMF set to begin discussions on carbon pricing
- Australian detentions fall despite safety fears on foreign-flag ships
Report reveals welfare standards may actually be improving amid government concerns
- Iran poised to publish Sanchi probe findings
- IMO carbon deal poses challenge for shipping's capex
Target to slash shipping emissions set to have immediate effect on investment decisions on how ships comply with sulphur regulations
- Slower speeds make for safer whale crossing
- Graffiti message to IMO slightly misses its mark
- Tough time for tanker owners before market picks up in 2020
Top brokers forecast ongoing pain in run-up to the IMO's 2020 cap on ships' sulphur emissions
- Ciner backs $240m project for suezmax newbuilds
Turkish owner ready to invest in up to four new suezmaxes to diversify fleet
- Shell locks Eletson LR2 newbuilding into period charter
- China's Unipec secures VLCC tonnage at low period rates
- Ognibene returns to lead own tanker management platform
Former Heidmar boss says new outfit Concord Maritime is bullish on crude carrier market recovery
- Shandong Shipping aims to secure pack of 10 MR tankers
Qingdao-based outfit believed to be aiming to hit 10 ships in its ongoing MR tanker drive but company calls the latest report of a transaction premature
- ZPMC on hunt for semi-sub conversion candidates
With markets improving, AMPTC aframax becomes latest tanker to make the switch
- Methanol offers shipping a clean, quick pathway to carbon cuts
IMO member states have agreed on a decarbonisation target, and the means to start is largely in place, says Gregory Dolan, chief executive of trade association Methanol Institute
- Teekay joins digital push to give pool partners a 'bird's-eye view'
Vancouver-based owner seeks to bring in more ships with online digital dashboard
- Glencore nets rate cut for charter extension
- Atlantica set to cash in with supramax sale
- Korea Line snaps up H Vogemann's only remaining capesize
- Gulnak grows in dry bulk with handy buy
- Dianik emerges as buyer of Roth panamax
|APRIL 19, 2018|
- Executive Moves: Los Angeles Harbor Commission, Port of Vancouver USA and Acuitive Solutions
The Los Angeles Harbor Commission has appointed Commissioner Jaime L. Lee to president. Lee was nominated by Los Angeles Mayor Eric Garcetti...
- Seatrade/Streamlines, Hapag-Lloyd sign slot charter deal
Refrigerated (reefer) and perishable transport specialists Seatrade and StreamLines have entered into a slot charter agreement with Hapag-L...
- House Ag Committee clears 2018 Farm Bill
Overcoming Democrat objections over individual eligibility requirements to receive Supplemental Nutrition Assistance Program (SNAP) benefit...
- Unions serve Canadian Pacific with strike notice
Class I railway Canadian Pacific revealed Wednesday it received a 72-hour strike notice from the Teamsters Canada Rail Conference-Train ...
- BIMCO: Shipping feels impact of soybean tariffs
BIMCO says there is already some some evidence that China's higher tariffs on U.S. soybeans is being felt in the shipping industry. "The u...
- Chinese firms investing $1b in Khalifa Port FTZ
Abu Dhabi Ports in the United Arab Emirates and Jiangsu Provincial Overseas Cooperation and Investment Co. Ltd. (JOCIC) of China said 15 Ch...
- AI shifting shape of logistics
DHL and IBM this week outlined the areas where artificial intelligence will make the biggest impact in logistics. "AI is enabling a shift ...
- Port Houston thrives in Q1
Port Houston handled 9.7 million tons of cargo during the first quarter of 2018, up 2 percent from the corresponding 2017 period. Cargo sh...
- Boeing delivers first 737-800 freighter conversion
Boeing delivered its first 737-800 passenger plane converted to freighter service this week to GE Capital Aviation Services, which in turn ...
|APRIL 19, 2018|
- OPEC looks to create conditions to boost upstream investment
OPEC and its allies have moved the goalposts on their production cut agreement from rebalancing the market to fostering a more bullish market to incentivize upstream investment.
- Oil majors see reserves slip for fourth straight year
Western oil majors saw their oil and gas reserves fall for a fourth straight year in 2017 and are replenishing more oil reserves than gas despite an industry trend to rebalance the production mix towards cleaner-burning natural gas.
- Total hopeful of obtaining waiver if US reimposes Iran sanctions
Total remains committed to its South Pars gas investment in Iran, but the company's CEO said Thursday he is hopeful of obtaining a waiver from the US Administration if it withdraws from the Iran nuclear deal and reimposes sanctions.
- US moves closer to oil, gas lease sales in Alaska's ANWR
The Trump administration has started the regulatory steps to hold at least two lease sales in Alaska's Arctic National Wildlife Refuge in the next decade, as required by the tax bill Congress approved in December.
- NYMEX May crude settles lower on Omani minister remarks
NYMEX May crude fell 18 cents to settle Thursday at $68.29/b, turning into negative territory when the Omani oil minister was quoted downplaying the likelihood of sharply higher prices.
- European fuel oil, bunker prices hit multi-year highs on firming crude
The 3.5% FOB Rotterdam barge market and Rotterdam 380 CST delivered bunker fuel has hit 3-1/2 year highs in the wake of rising ICE Brent futures.
- High prices undermining WAF bunker demand -- sources
Bunker fuel demand at West African ports such as Lome and Dakar has been waning over recent months due mainly to high prices, sources said.
- Finland's Neste mulls whether to produce 0.5% sulfur bunkers
Finnish oil refiner Neste is currently assessing whether or not it will produce 0.5% sulfur bunker fuels for when marine fuel sulfur limits drop to that level in 2020, a company representative told S&P Global Platts Wednesday.
- European fuel oil heads to Red Sea as summer air-con demand kicks in
The first indications of summer air-conditioning demand emerged Thursday after two vessels were heard on subjects to take fuel oil from Europe for discharge in the Red Sea.
- Fuel oil market begins to experiment to produce 0.5% marine fuels
Low sulfur crudes, low sulfur straight run, gasoline and gasoil are some components.
- Future of scrubbers still shrouded by dark clouds ahead of IMO 2020 rule
"Scrubbers as a solution [to meet compliance to IMO's 2020 rule] is off the table for now," said Eastport Maritime's Mike Beviss.
- FOB Singapore 500 ppm sulfur gasoil cash differential flips to positive territory
Compounding the bullishness, demand has also started to gain momentum, sources said.
- FUTURES: Crude rises further on US EIA stock data
Analysts surveyed Monday by S&P Global Platts were looking for US crude stocks to have risen by 625,000 barrels for the same period.