|AUGUST 30, 2018|
- US-Mexico trade talks breakthrough raises hopes of Nafta deal with Canada
- MSC to lease 2,000 SeaCube containers
- Hamburg's H1 traffic drops to 4.3m TEU with transshipments, empties down
- Port of Hamburg heading for improved air quality
- Gothenburg H1 volumes surge 19pc after resolving labour dispute
- NYK holds annual meeting to enhance safe ship operation methods
- Royal Mail develops new shipping tool for retailers to manage orders, return goods
- China seeks billions of dollars from private investors for 28 aviation projects
- AeroLogic fleet boosted with new leased freighter from Boeing
- Max Phillip Conrady is promoted to senior VP for cargo at Frankfurt Airport
|AUGUST 29, 2018|
- Cochin Shipyard pays dividend to the govt for the tenth consecutive year
- Dredging Corporation declares 20 pc dividend
- HMM registers new record in cargo processing at Busan Port
- MANSA to hold 40th AGM on Sept. 28 along with awards for staff of member companies
- ZIM announces significant upgrade of its independent India-Med Express Line
- Customs implements Electronic Cargo Tracking System for Nepal-bound containers at VCT
- Dispensing with the requirements of documents being submitted at the time of "Registration" and "Out of Charge" at "DPD/RMS Facilitation Centre" and CFSs in view of implementation of e-sanchit
- JNPT organises 'Dredging Strategies & Technology for Ports' training programme
- New flexible storage solution being trialed by APM Terminals
- Record containerised imports at major US ports
- Shell to acquire 100 pc equity in Hazira LNG & Port venture
- Trading outlook for Turkey seen as positive despite difficulties
- US sanctions reportedly impacting forwarding & logistics firms' business with Iran
- Maritime And Logistics Awards (MALA) 2018 set to dazzle the entire fraternity tomorrow
|AUGUST 30, 2018|
- Compatibility between Swiss and European toll systems
- Jost extends global network
- Port of Oakland reinforces technical department
- Smiles all round in Jaxport in July
- 10,000 trips in seven years
- Heathrow attracts tenth direct Chinese connection
- Seko hires CFO to tackle future acquisitions
- UPS launches Ware 2 Go
- IMX draws in the reins
- Hauling construction waste through Zurich city centre
- Leipzig airport ready to cope with more capacity
- «Curiosity of the day»
- Circle - legal transformation to trigger growth
- Alpega adds Wtransnet to freight exchange portfolio
- France-Helvetia Express starts with three rotations
- RWE investing in Duisport
- A400M delivers relief material to Lombok
|AUGUST 29, 2018|
- Sovcomflot: Tanker markets no longer in freefall
- Jinhui lacks faith in scrubbers
- Polaris, SK Shipping issue bonds
- Indian ship scrap rates rise with steel prices
|AUGUST 29, 2018|
- 'Too little, too late': haulage groups hit back at Whitehall's 'no-deal scenario'
- Intermodal wrangles just making the pain worse for US shippers using rail
- Zim looks to change tack, with 2M partnership and premium services
- Analysis: how likely is a leveraged buyout of John Menzies?
- Leading air freight operator calls for more from African airports
|AUGUST 29, 2018|
- American Cruise Lines' latest ship passes sea trials
- Gulf Island to build second 3,300 hp towboat
- Mercy Ships announces goal for Cargo Day
- Q-LNG and VT Halter in LOI for second, larger LNG bunkering ATB
- Pilot project uses 3D CAD for class design review
- WinGD, Wärtsilä and GTT team up on LNG fueling
- Harvey Gulf International to go global
- MAN wins contract for first RoPax ferry LNG conversions
- Island Offshore to provide Titanic expedition support ship
|AUGUST 29, 2018|
- First HSH Nordbank results since privatisation deal dip into the red
But bank is now on course for recovery, Ermisch assures, albeit with next to no new shipping business
- Sovcomflot slips into the red on weak tanker earnings
Russian carrier eyes more revenues from industrial shipping segments as business conditions for conventional tankers are bearish
- New appeal for release of bulker held in Iraq
Handymax Royal Arsenal detained in August 2017 after fatal collision with dive support craft in Umm Qasr, which claimed 21...
- UN highlights negative effects on shipping in Yemen
A UN-commissioned report claimed that requests to call at Yemen's Red Sea ports fell by more than half after November's...
- Hong Kong seeks to lure maritime industry experts
The new quota-based scheme does not require candidates to have a job offer or secured employment to enter Hong Kong
- Hull losses at lowest level since 1996
On year-to-date trend, 2018 might clock up lowest number of ATLs since the last century, according to numbers from the...
- Choose your bunker suppliers wisely, industry experts warn
Due to the prolonged period waiting for advanced analysis results, the opportunity to raise a claim for bunker quality issues...
- Arctic shipping insurance risks harder to quantify, says IUMI
Search and rescue capacity, places of refuge, crew experience and operator preparedness should all be taken into account, says trade...
- CMES feels impact of tanker market slump
Company says that all of its very large ore carriers will be fitted with the exhaust gas cleaning systems by...
- Dry bulk fleet growth forecast to outpace trade in 2019
Trade growth risks prevail amid tariff wars while scrapping has slowed to the lowest level since 2008, says brokerage
- Campbell Johnston Clark hires two from rival firms
Shipping law firm boosts admiralty and casualty teams in London and Singapore, with further sign-ups to come, says name partner
- OOCL drops Felixstowe calls as disruption continues
Several container lines were forced to cancel some calls at Felixstowe following the introduction of the Hutchison-run terminal's installation of...
- Scrubber orders surge as 2020 deadline looms
Carriers face higher fuel costs as the majority of the global fleet heads for low-sulphur fuel use
- More surcharges as Rhine levels remain low
European intermodal operators hit again by low-water penalties
- Container lines struggle to raise Asia-Europe rates
With attempts to boost rates falling flat, lines look to removing capacity to improve the supply-demand balance
- Bright Navigation buys cape from NS United
The 2006-built NSS Grandeur is estimated to have cost $20.5m and means the company now has a fleet of seven...
- Tufton Oceanic Assets in profit and looking to buy
Firm now owns four boxships, a handysize bulk carrier and a stake in an LPG carrier, and may raise funds...
- Overbooking and no-shows disrupt Brazilian exports
Maersk, which has revised down its expectations for Brazil as the logistics chaos continues, says shippers are having to buy...
- Fleet Management to concentrate on customer satisfaction and organic growth
Demand for third-party shipmanagers to increase amid new shipping regulations and trend of vessel ownership, Fleet chief says
- Trade associations have a role to play in fight against trade wars
Bob Sanguinetti says it has become "clear very quickly" that trade associations not only have an important role to play...
- Daily Briefing
Leaked audit lifts lid on ship lending at NordLB | British marine tech venture eyes government cash pot | Alarm...
- Jinhui opts for low sulphur fuel oil to meet 2020 regulation
The company remains cautious about the global political uncertainties and expects trade tensions to get worse before they get better
- Fotis Kouvelis appointed new Greek shipping minister
The veteran politician replaces Panagiotis Kouroumplis, who held the seat for less than two years
- CIMC results weighed by box making and offshore engineering performance
When excluding one-off items, including gains from government subsidies and disposal of assets, net profits fell 16.8% year on year...
|AUGUST 29, 2018|
- Heavy-load coalition working to entice cargo to Pacific Northwest
- Real-time truck appointment system at LA-LB takes shape
- Tech startups' differing funding paths hold risks, gains for BCOs
- Asia-US East Coast capacity trim via Zim-2M less than expected
|AUGUST 29, 2018|
- CSL crew rescue man on Lake Ontario
Canadian bulker involved in a rescue operation that saved a man's life while another perished.
- Seafarers seek reward in MST oil-dumping
Three engine-room workers aboard handy bulk carrier held by US government after uncovering illegal discharge of oil.
- Sovcomflot 'contains the bleeding' with tanker seasonality set to return
Russian owner in the red for the first half thanks to sticky tanker market and vessel impairments.
- European Iran crude pull-back hits suexmax tankers
Looming sanctions deadline sees fall in Iran oil shipments accelerate
- Fitch reaffirms 'A' rating for Panama Canal Authority
Credit ratings agency cites 'stable value performance' for government-controlled overseer of crucial waterway.
- James Fisher adds tanker and pushes up profit
UK shipowner continues fleet renewal as first-half earnings rise.
- Navios terminal to be down for months
Fire started in conveyor belt as flames spread to entire 100-metre-long pier, Agencia Maritime Nabsa saays.
- Sir Adrian Swire dies aged 86
Swire Group patriarch said he was a shipowner first, despite wide airline and property interests.
- Royal Caribbean upgraded to buy
Valuation of US-listed stock is 'undemanding', says Deutsche Bank analyst.
- HSH Nordbank boosted by restructured shipping loans
German lender releases $95m of provisions as it books $350m of new maritime business in first half ahead of privatisation.
- Schoeller stalwart Schulz hangs up his hat
Veteran broker steps down after three decades with Hanse Bereederung.
- CM Lemos gets firm price for final VLCC
Greek owner sells 12-year-old tanker for more than its sister vessel fetched this summer.
- Cosco boxship hit by hold blaze
Crew extinguish fire in Cosco Shipping Thames en route to Singapore.
- South Korea arrests Russian tanker crew
Master and others handcuffed for 'resisting authorities' in repair row.
- Norden takes Greek panamax at higer rate
Danish owner fixes Fundador Naviera ship on longer deal at higher rate in stable market.
- Tanker clash shuts PDVSA dock
Vessel allision causes damage at Jose offshore facility, curtailing exports.
- Maersk executive says 2020 may add $2bn to fuel bill
Maersk Line could see its fuel bill jump by $2bn a year when new sulphur emissions rules arrive, according to a company executive. Skou keeping a lid on spending at Maersk and retains a dislike for scrubbers That would mark a significant jump from the $3.37bn the company paid for bunkers in 2017, according to Simon Bergulf, director for regulatory affairs at AP Moller-Maersk. Bergulf told Bloom
- Hull losses hit 22 year low
Good news for insurers as low claims environment continues.
- DSD Shipping orders ro-pax double
Norled unit contracts two more vessels at Remontowa in Poland.
- Arctic cruiseship passengers safe after grounding
Sistership despatched to aid Akademik Ioffe as authorities launch investigation
- Genting Hong Kong cuts cruiseship loss
Revenue rises in first half at owner of Star, Crystal and Dream brands.
- Party veteran Kouvelis is new Greek shipping minister
Cabinet reshuffle sees left-wing politician assume shipping portfolio
- NS United of Japan sells one of its oldest capesize bulkers
Transaction offers latest evidence of firm asset prices in the dry cargo market.
- Zim speeds up Indian run
Israeli container line introduces new faster rotation from Med.
- CJC adds another director in Singapore
Law firm raids HFW again to take Asian activities 'to next level'.
- Autonomous shipping sparks mixed emotions
Is the spread of automation a redefining of roles to increase efficiency or a threat to the livelihood of seafarers?
- Greek ferry evacuated after fire breaks out
ANEK ferry El. Venizelos returns to Piraeus, all 875 passengers get off ship safely
- Enesel lines up one-year charter with Vitol for new VLCC
Potential 12 month deal fits with the Greek shipowner's typically conservative approach
- Jinhui Shipping shares jump on first dividend in a decade
Resumption of payouts to shareholders extends stronger run for the bulker owner's shares.
- Golden Energy fitting battery system to PSVs
Norwegian owner contracts Rolls-Royce to upgrade pair of vessels.
- Borr Drilling dips into reserves as $20m buyback begins
Troim-led offshore vehicle is investing in its own stock.
- Ultra Deep Solutions goes for sixth newbuild
Singapore company designing new hybrid OSV for subsea operations.
- Brussels to visit Shree Ram yard as Europe's demo deadline nears
First signs emerge that the European Commission is ready to recognise beaching yards under its recycling regulation in the face of capacity shortfall, beginning with yard in Alang
- Cheer abounds despite dreaded doldrums in Arctic regatta
Fourteen sailing boats took to an exceptionally calm Oslo fjord last week for the sixth-annual regatta held by Arctic Offshore, the in-house shipbrokers at Arctic Securities. Team spirit was unquestionably high, as usual, even though sails remained mostly empty this year. John Fredriksen has sold out of shipbroking joint-venture The 117 competitors represented a broad slice of the industry - in
- Maersk Line reveals port chaos in Brazil
Boxship giant says truckers' strike creating 'out of control' situation and hitting exports.
- Three killed as storm hits research ship
Chinese technicians die as waves sweep them off Beidiao 993 in Dalian.
- Uljanik Shipyard boss offers to quit
Gianni Rossanda ready to step down as strike row over back pay rumbles on.
- Klaveness opening temporary Tokyo office
Digital solutions on the agenda when bulker owner heads to Japan next month.
- Impairments drag Bumi Armada into the red
Malaysian FPSO specialist also hurt by weaker year-on-year revenue at one of its main divisions.
- Jinhui back in black as it opts for LSFO to meet IMO 2020
Hong Kong shipowner also resumes dividends on the back of improved performance.
- China's slowing crude demand more worrying than trade spat
Import growth rates down notably from those seen over the previous two years, says Gibson.
- Improved rates push Pioneer Marine into the black
Torben Janholt-led bulker owner also confirms new credit facility secured at "improved terms".
|AUGUST 29, 2018|
- Greenbrier taps Tekorius for new COO role
The Greenbrier Companies Inc. on Tuesday announced that Executive Vice President and Chief Financial Officer Lorie Tekorius has been named EVP and chief operating officer by its board of directors.
- CEVA hires chief commercial officer
CEVA Logistics has appointed Laurent Binetti as its new chief commercial officer.
- Delta Cargo launches iPad kiosks
Delta Cargo has launched self-service iPad kiosks in Atlanta and Boston requiring electronic air waybills as standard operating procedure.
- Oakland crane-raising work finished
Four ship-to-shore cranes at Oakland International Container Terminal, the busiest terminal at the Port of Oakland, are 27 feet taller following completion last week of a yearlong, crane-raising project.
- U.S., Mexico sew up NAFTA textile details
The U.S. and Mexico have agreed to adopt a CAFTA-style short-supply textile and apparel framework for NAFTA, according to two private sector sources with knowledge of NAFTA textile and apparel negotiations.
- Union Pacific positive train control progressing
Class I railway Union Pacific said Wednesday it is continuing to make significant progress in implementing positive train control (PTC) and it will meet all required deadlines for installation on its network.
- DrayNow raises $5 million
DrayNow, a Pennsylvania-based company that has developed an app and platform for booking and tracking intermodal freight, has raised $5 million in venture capital funding.
- ATRI data shows need for HOS flexibility
The American Transportation Research Institute (ATRI), a not-for-profit organization that conducts research on the trucking industry, released the results of an analysis that demonstrated the potential benefits of allowing commercial drivers additional hours-of-service (HOS) flexibility.
- U.S. Q2 GDP revised upward
U.S. gross domestic product - the broadest measure of a nation's overall economic health - grew at an annual rate of 4.2 percent in the second quarter of 2018, the fastest pace since the third quarter of 2014, according to the second
|AUGUST 29, 2018|
- Norway's Alvheim crude to load three cargoes in October
Total loadings of Norway's Alvheim crude are set to remain unchanged month on month in October, at three cargoes
- Eni boosts Arctic exploration exposure with new Alaskan blocks
Eni has acquired 124 exploration leases on the Eastern North Slope of Alaska from privately-held, US-based Caelus Alaska Exploration
- North Sea Heidrun October crude loadings steady at two cargoes
Two cargoes of North Sea Heidrun crude are set to load in October
- Verifavia urges shipowners to submit emissions data, IMO roadmap
Verifavia urges shipowners to submit carbon emissions and fuel consumption data collection plans to verifiers by September 1
- US stocks of high sulfur heating oil retreat, losing August gains
US stocks of high sulfur heating oil fell 6.1% last week, erasing the advances they had registered in the previous three weeks
- Crude settles higher after 2.57 million-barrel US crude stock draw
The crude complex settled higher Wednesday after US government data showed a 257 million-barrel decline in the nation's crude stocks
- Gasoil emerges as winner as India tweaks oil product yields
New cokers, robust margins in international markets have given refiners an opportunity to lift output and exports of the middle distillate.
- FUTURES: Crude stable on US stocks data, North Sea strike talks
"In the energy sector, with very little in the way of data, investors looked ahead to this week's EIA report," ANZ analysts said in a note.