|DECEMBER 5, 2019|
- Crude price falls as Trump signals long wait for US-China trade deal
- Ningbo port little affected by trade war as it mostly deals with EU
- Europe's luxury exporters to be hit by new proposed US tariffs
- China's GDP may fall below 6pc in 2020: UBS Wealth Management
- South Africa will still provide LNG despite environmental opposition
- Dredging increases Hamburg container volumes 7pc over 9 months
- Canadian National Railway announces post-strike recovery plan
- Abu Dhabi's Khalifa Port and KIZAD men stage road show in Brazil
- London shipbrokers buy stake in Swedish green analytics data firm
- World's biggest dual fuel use engine to power world's biggest ships
- Wartsila & Silverstream to jointly offer ship air lubrication technology
- Kanway Shipping: Always in pursuit of excellence to serve customersv
- Globally airports report mixed air cargo results as volumes slide
- Uganda Air urges government to pay US$10 million to repair planes
- India's forwarders blast poor airport cargo turnaround times
|DECEMBER 4, 2019|
- Maersk's OceanPro continues accelerating innovation in the shipping & logistics industry through India-based technology start-ups
- PIL enhances Redsea Gulf Service
- Rodolphe Saadé calls for international coalition for the energy of tomorrow
- Unifeeder's acquisition of Feedertech Group to facilitate better feedering & regional shortsea connectivity in Europe, Mediterranean, North Africa, Asia, Middle East & Indian Subcontinent
- IPPTA reconstitutes its management committee
- Indian economy will remain stable & continue to outperform its peers: S&P
|DECEMBER 5, 2019|
- Fresh premiere
- Going east to expand
- Two railways to transport bitumen across North America
- More GDP certificates for Gefco
- Tarros Portugal celebrates ten years
- Total to deliver the LNG for CMA CGM's newbuilds
- New joint cargo plans at Abu Dhabi airport
- Infrarail: RIA showcases small companies
- Pfenning Logistics expands services for automotive industry
- Hong Kong's airport authority picks executive director
- DFDS strengthens ro-ro link between Belgium and Sweden
- Conversion of military airport raises questions
- "Curiosity of the Day"
- More cranes for Liverpool
- New member expands pallet network in UK
- Pema joins TIP group
- New president for Germany's railway industry
- Four more airports to tackle wildlife trafficking
|DECEMBER 4, 2019|
- CMA CGM secures LNG bunkering at Marseilles, signing 10-year deal with Total
- EC urged to listen to TAPA as cargo theft from trucks hits record levels
- UPS major healthcare offensive aims to exploit current FedEx weakness
- Shipowners and carriers count the cost of scrubber retrofit snarl-up
- Shippers must think products not shipments, says FreightHub as it expands into China
- Shipping line carbon calculators are 'useless' - there are 'no winners here'
- Here's what happens to markets if US tariffs on China kick in next week
- E-truck pioneer Rob Fowler takes the helm as CEO as Volta nears prototype
- M&A radar: Private equity sniffing around Toll Global Express
- Supply chain radar: DSV's Andersen steals limelight from DHL's Scharwath in air cargo gongs - fair?
- On the wires: John Menzies needs more to close the credibility gap
|DECEMBER 4, 2019|
- Total's second LNG bunkering vessel will be based in Marseille
Marseille, France, is set to emerge as a major LNG bunkering center. Yesterday, Rodolphe Saadé, Chairman and Chief Executive Officer of the Marseille-headquartered CMA CGM Group, said that it had chosen the
- Second Hurtigruten battery hybrid cruise ship will be delivered early
Hurtigruten reports that its second hybrid battery powered expedition cruise ship MS Fridtjof Nansen will be completed earlier than expected. As a result, Hurtigruten is offering a series of shorter pre-inaugural voyages.
- Cox Powertrain appoints new U.S.-based sales and customer support team
U.K. headquartered Cox Powertrain Ltd. is about to start full production of its CXO300, claimed to be the the highest power density diesel outboard engine ever developed. Cox Powertrain is backed by
- Jennifer Carpenter promoted to AWO President & CEO
The American Waterways Operators reports that Jennifer Carpenter, its Executive Vice President & Chief Operating Officer, has been promoted to the position of President & Chief Executive Officer, effective January 1, 2020,
- Pirates seize 19 crew members from tanker south of Nigeria
According to the International Maritime Bureau's Piracy Reporting Center, at 1810 UTC yesterday, armed pirates attacked and boarded an oil tanker underway, around 76 nm south of Bonny, Nigeria. Nineteen crew were
- New Inmarsat service is aimed primarily at OSV operators
Inmarsat will extend its service portfolio for customers with the launch of Fleet LTE, following an agreement with subsea fiber and offshore LTE network operator, Tampnet. The new service which is primarily
- SCA names new Partners Committee officers
The Shipbuilders Council of America (SCA) reports that Rob Stuardi of American Equity Underwriters, Mobile, Ala., and Mark A. Haller of Tri-Tec Manufacturing in Kent, Wash., have been appointed as the new
- BV grants AiP for Quadelprop LNG bunkering vessel
Bureau Veritas Marine & Offshore has granted approval in principle to the innovative design for a highly-maneuverable 19,000 cu.m LNG bunkering vessel with a GTT membrane type tank - the Quadelprop. The
|DECEMBER 4, 2019|
- Salvage industry said to be in 'decline phase'
'On the basis of the research I have done, I can definitely say the salvage industry is definitely in the...
- Box shipping outlook remains challenging
After an 'extremely dull' year, container carriers have little to look forward to in the new year, BIMCO says
- The Interview: Hugo De Stoop
Mr De Stoop leads one of the largest crude oil tanker companies in the world. Over the past couple of...
- Unifeeder buys majority stake in Feedertech Group
Unifeeder steps out of European base for Singapore acquisition
- Vale expects to restore full iron ore production by 2022
Vale sees iron ore ramping up to 340m to 355m tonnes next year
- Pirates abduct seafarers from tanker off Nigeria
Pirates boarded the Hong Kong-flagged Nave Constellation on Tuesday after it had departed Bonny Offshore Terminal, Lloyd's List Intelligence reports
- Lloyd's List Gothenburg summit will map a volatile 2020
Programme will include geopolitics, sanctions implications, the impact on trade patterns of shifting political balance, energy realignment, technological advances and...
- American Club says marine insurance outlook uncertain
Premium erosion continues to affect operating results. There is an urgent need to calibrate risk pricing to exposure
- Kitack Lim reappointed IMO chief for second term
Lim will serve as IMO secretary-general until the end of 2023
- Bunker tool seeks to standardise low-sulphur charges
Confusion and concern remain about the timing and transparency of carriers' low-sulphur cost recovery mechanisms
- Ethane to feed China's gas shipbuilding ambition
Chinese shipbuilding content is an expected feature of bilateral ethanol and LNG trade talks
- Port of Virginia dredging project starts
'This project, combined with the $750m we are investing to increase container capacity by 1m units per year, sets up...
- US sanctions six tankers linked to PDVSA
Washington has said that it recognises opposition leader Juan Guaido as Venezuela's legitimate president. It is using sanctions to force...
- ISU accepts realities of salvage sector
Salvors need to improve their reputation for cost and trustworthiness as they diversify into other sectors
- CMA CGM and Total sign LNG supply deal
French companies take lead in Mediterranean LNG supply as CMA CGM pushes for global environmental collaboration
- Daily Briefing
Free to read: National Bank of Greece in talks to unload more shipping loans to Cross Ocean | Chinese ownership...
- Top 10 flag states 2019
Although Panama leads our Top 10 flag states list for 2019 by about 53m gross tonnes, the difference between the...
|DECEMBER 4, 2019|
- Infrastructure bank commits financing for new Montreal terminal
- Recouped interim low-sulfur surcharges bode well for carriers
- As ELD tightens, tech tries to squeeze truck hours
- Special report: The art of breakbulk chartering
- ODFL sees US LTL volumes 'stabilizing'
- New Syracuse inland port serving NY-NJ yields early dividends
- Air cargo slowdown enters peak season
- DP World extends shortsea reach from Europe to Asia
- CMA CGM extracts presidential support for green fuel drive
- Antwerp to host 2020 JOC Container Trade Europe conference
|DECEMBER 4, 2019|
- Pacific Gas enters VLEC sector with order for two newbuildings
Pacific Gas order contract helps Jiangnan Shipyard break into the ethane sector
- Tanker owners enter 'bliss period' with rosy outlook for 2020
Major listed owners say IMO 2020, small orderbooks and longhaul shipping demand would support earnings in the coming quarters
- JMU-Imabari alliance takes third place in yards' new world order
Japanese partnership hopes to have technical edge on rivals - and match them on cost
- Blount Boats to build two crew ships for offshore wind farms
Rhode Island's Blount Boats has cut a deal to build two crew transfer vessels to support US offshore wind farm projects. The shipyard will build the ships for Atlantic Wind Transfers based on UK-based Chartwell Marine's Chartwell 24 ship design, modified for operation in the US northeast. They will be delivered in 2020. "As the offshore market grows, so too does the demand for American-made [cre
- Dutch sign on to French-led Strait of Hormuz mission
A frigate and its onboard helicopter will join a French-initiated mission in the Middle East Gulf region
- Ice in his veins: Paul Pathy on Fednav's next chapter
Paul Pathy inherited the family firm, Canada's biggest dry bulk shipowner. Now it's time to make his mark on the company
- Morocco leans towards Mediterranean base for its FSRU
Ministerial advisor said project will move forward next year with a floating terminal scheduled for operation by 2021
- Bull case emerging for tankers and bulkers in 2020
Deutsche Bank analysts backing their convictions as scrubber economics and ramped up production provide reasons to be cheerful
- American Club shares optimistic view despite 'elephant in the room' cash call
P&I mutual says move has put it in a position where it can 'control our own destiny and our own financials'
- 2020 Bulkers beats the Baltic on November charters
Tor Olav Troim-backed owner says index-linked vessels performed above the industry average
- HHI 'trying to allay Singapore concerns' over merger with DSME
World's largest shipbuilder said Lion Republic is taking a cautious approach over tie-up
- Solstad Offshore seeks more time from bondholders
Restructuring OSV owner calls meeting to extend payment suspensions to the end of March
- Trafigura charters support aframax tanker period rates
Shipowners continue to fetch strong rates for aframaxes while LR2 charter shows more room for growth
- Crew members kidnapped from Navios Maritime tanker 185 km off Nigeria
Security consultancy Dryad Global says attackers left seven crew onboard the Nave Constellation
- Zodiac Maritime expands presence in capesize sector
Zodiac Maritime is expanding its large bulker fleet with its fourth purchase in the segment this year. The UK-based company is renewing its fleet and has bought a 14-year-old VLOC controlled by Japan's Kotobuki Shipping. European brokers said the Eyal Ofer-controlled company has purchased the 203,000-dwt Azul Fortuna (built 2005) for $15.8m. That price is seen as attractive for the buyer, as
- NYK to capture emissions as dry ice for sea-bed storage
Japanese owner joins DecarbonICE project to study feasibility of technology
- UN and Opec meetings to define prospects for tanker markets
Critics claim conferences are just talking shops, but tanker operators know better
- Gibson Shipbrokers shows off Movember whiskers for men's health
Aframax broker Ben Crowder leads the brokerage's efforts to raise awareness after testicular cancer diagnosis
- Drewry aims to end IMO 2020 confusion with new bunker index
Shipping consultancy shining a light on complex low-sulphur surcharges
- Now is not the time to leave slow steaming out of the IMO's toolkit
Speed limits are not a panacea, but we must ensure that they are available as an option for regulators to help cut shipping's carbon footprint
- LNG carrier rates stabilise as charterers hold fire for 2020 deals
Owners are still 'making money' at current levels but further softening and volatility expected
- Avenir in talks to deploy bunkers to cruiseships in the Arctic
Avenir LNG is exploring a long-term Arctic bunkering deployment, while its newbuilding programme has found a new home
- Carriers chase door-to-door riches but rewards could prove illusory
Digital tracking of cargo is luring container lines to look again at freight forwarding. However, they may be underestimating the challenge of integrating their operations
- Poseidon Principles undermined by a lack of Asian banks
Green ship lending project could remain a minority venture if Chinese, Japanese and South Koreans do not join European financiers in the decarbonisation initiative
- Avenir LNG fast-tracks COO into chief executive hot seat
Outgoing CEO Andrew Pickering is 'retiring' after almost 40 years with founding partner Stolt-Nielsen
- Golden Union adds to panamax fleet with another secondhand buy
Golden Union has quietly acquired a panamax bulk carrier from Shoei Kisen of Japan in what is the Greek owner's third bulker purchase this year. Veniamis in play to buy Noble Group post-panamaxes The 76,600-dwt Gu Imabari (ex-KM Imabari, built 2009) was acquired in an off-market transaction that was completed in mid-October. No price has been disclosed. VesselsValue estimates the bulker's curr
- A day in the life: Ships agent Joe Melvin
Ships agent Joe Melvin loves his job, but it is not one he expected to be doing. Finishing a sports studies degree nearly four years ago, Melvin started work in his father's building company while he hunted around for a career with prospects - something he says can take up to a year in north-eastern England, where he lives. A day in the life: The coolest job in shipping A nudge from his ships a
- Ten crew rescued after cargoship sinks off Indonesia
Citra Hasil goes down off Tembelan but fishing boat saves the day
- Total inks second LNGBV with MOL for CMA CGM boxships
French energy major's fuel solutions arm signs another large supply deal with compartriot liner giant CMA CGM
- Mining newbuilding in limbo as Nautilus Minerals goes bankrupt
Sea-floor extraction vessel was ordered at Fujian Mawei in 2014 but has been beset by financing problems
- Eastern Pacific inks $560m deals for LNG-fuelled newbuildings at CSSC
Latest orders bring shipowner's total investments in dual-fuel newbuildings close to $3bn
- Louis-Dreyfus' other mission: making business work for everyone
French ship owner says current business environment does not work for the benefit of all stakeholders
- Louis-Dreyfus optimistic on speed limits
Shipowner says mandatory slow steaming was not rejected by the IMO, but rather 'put aside'
- AqualisBraemar plots expansion of international adjusting business
Recruitment drive to capitalise on opportunities in the US, Mexico and UAE
- Repairs start on first of SK Shipping's KC-1 LNG duo
Second small-scale cousin with pioneering South Korean containment system prepares for gas trials
- Macron backs Saade's call for 'energy of tomorrow' coalition
French president supporting boxship line's CEO in push for international cooperation on eco-fuels
- Yasa Shipping sells second supramax bulker
Jakarta-based Gurita Lintas reported as the buyer of Turkish owner's Yasa Ozcan
- The shipowner who has become Xi's bridge builder
Ye Cheng is one of a select set of businessmen who have Xi Jinping's mandate to plant the five-star red flag round the world and stake out his Belt and Road project. But the flagbearer model is meeting resistance in some key destinations
- DSIC showcases ammonia-fuelled ULCS concept at Marintec
Design for 23,000-teu containership said to be the first in China to offer alternative fuel
- Shell's LNG traders still reaping profits despite low prices
Oil major able to take advantage of regional price disparities to turn around loss making trades
|DECEMBER 4, 2019|
- Project44 brings visibility to supply chains, even when they break
The Chicago firm secures No. 2 spot on FreightTech 25 list with a platform that seamlessly tracks freight through the turbulence of strikes, hurricanes and...
- New York grants cargo bikes commercial parking access
New York City pilot program gives cargo bikes commercial curbside access
- Midwest farmers hit hard by weather-delayed harvests
"The weather has not been kind to farmers this year. It's been blow after blow after blow." Downward pressure on prices hurting growers.
- Could Europe unilaterally regulate shipping carbon emissions?
The EU is pushing to bring carbon pricing to shipping, but there are a lot more questions than answers.
- North American railroads chart the course for 2020
Several management teams from North America's largest Class I railroads were on hand to discuss current demand, their networks and the future at the Credit...
- Descartes grows profits, revenue on logistics software solutions
Canadian firm reports a largely expected 27% jump in net income in the third quarter as revenue increases 19%; CEO lauds "predictable results in an...
- 'Freight Broker Live' host Stephen Oatley brings show to FreightWaves
Former carrier and freight broker brings unique perspective to No. 1 news source.
- Trailer costs could rise without action on emissions standards
Manufacturers warn clock's running out on needed clarity for 2021 models.
- FourKites announces continued education and certification opportunity for logistics professionals
On Dec 4, FourKites announced a new learning platform and certification program aimed to allow customers to maximize the value of supply chain visibility. This...
- Project44 opens Paris office, second in Europe
project44 opens office in Paris, its second on the continent
- STG adds to New Jersey footprint with deal for logistics firm
Private equity-backed 3PL said deal comes as demand exceeds capacity in Northeast market.
- Canadian National wins coal contract from Canadian Pacific
Teck Resources opts not to renew 10-year deal for the transport of metallurgical coal.
- Freight Futures daily curve: 12/4
Trucking Freight Futures in the South were feeling down on Tuesday as the East showed tepid strength.
- Qatar Air Cargo expands South American service
Four cities in Brazil, Chile, Peru and Colombia are added to carrier's freighter network.
- Heavy snow to slam Mountain West for two days
Up to a foot of snowfall coming to the Sierra Nevada, Rockies the next two days. Delays in freight movement possible.
- Surface Transportation Board seeks to modify waybill sample reporting
The rail regulatory agency says the changes would help make the rate review process more accessible and transparent.
- Today's Pickup: Trans Mountain pipeline expansion finally underway
Construction begins for the long-delayed project to triple the capacity of the Canadian oil pipeline to nearly 900,000 barrels per day.
- Virginia's port upgrade aims for quickest truck trips possible
Expanding truck appointment system and new lanes credited for fast moves as port readies for dredging
- Norfolk Southern wants track changes, residents don't
Railway Age reports NS wants to double-stack its trains as they move through Pittsburgh, but residents in the north side of the city are stacking...
- A catalyst to change: using commercial map intelligence for business innovation
"We need to arrive on-time, every time!" "We need better visibility!" "We need more technology!"
- Tesla's all-electric Cybertruck to join Mexican city's police force
The mayor of Ciudad Valles, Mexico, recently ordered 15 of the new all-electric Cybertrucks manufactured by Tesla Inc. Mayor Adrián Esper C'rdenas said the Cybertrucks...
- United Airlines to buy 50 Airbus planes for European routes
United Airlines continues to build more of its fleet around Airbus aircraft with an order for 50 narrow-body A321s.
- Emission-free trucks will lower driver turnover rates, claims Nikola CEO
Trevor Milton believes replacing diesel trucks with cleaner alternatives will improve the image of trucking and enable legislators to slash emissions.
- French national strikes will wreak havoc on its air, rail and road networks
French workers are demonstrating for reforms in their pension plan, leading to a protest that will see most employees of transport companies strike beginning on...
- Struggling flag carriers on three continents are running out of options
Air India, Alitalia and South African Airways may be facing a bleak future.
|DECEMBER 4, 2019|
- VLCC hijacked off Nigerian coast
A VLCC was hijacked Tuesday evening close to the Egina FPSO, off the coast of Nigeria, with 19 members of the crew kidnapped, the vessel's owner Navios Tankers confirmed Wednesday.
- China bonded bunker fuel oil consumption to fall in 2019 on limited supply
State-owned refiners heard to have suspended their VLSFO production as they await tax rebates.
- Mexico private fuel imports likely to grow in 2020
Growing infrastructure investments and a domestic supply shortfall have led to a significant increase for private fuel imports to Mexico in 2019, a trend that will likely continue into 2020.
- Crude settles higher on OPEC+ cut talk, US stock draw
Crude futures climbed Wednesday on news that Iraq is pushing for deeper OPEC+ production cuts, and on a larger-than-expected draw in US crude inventories.
- MARINE FUEL ROUNDUP: V-Marine Fuels supplies 0.5% S FO at Rotterdam
It supplies low sulfur products to Hamburg and Bremerhaven, and all bunker grades to Singapore and Malaysia.
- MARINE FUEL ROUNDUP: Peninsula Petroleum supplies 0.5% sulfur FO
In Europe, the new fuel is available at Gibraltar, Algeciras, Las Palmas, Malta and in the Amsterdam-Rotterdam-Antwerp region, the official said.
- MARINE FUEL ROUNDUP: Eni launches sales of 0.5% FO at Genoa
Eni's 190,000 b/d Sannazzaro de Burgondi refinery in northern Italy will supply 0.5% sulfur bunker fuel.