|NOVEMBER 12, 2019|
- ONE back in the black but misses out on revenue and profit forecasts
- Brexit uncertainties result in cargo traffic increase through UK's Peel Ports
- Swine flu pushes China's meat imports up to record levels
- Sunken ship clogs up cargo flow at major Vietnamese seaport
- Palo Alto Networks helps Kerry Logistics to boost supply chain security
- First phase of Kenya's new mega port in Lamu to open in December
- Taiwan's China Airlines Cargo launches Mumbai freighter service
- Boeing's 737 MAX could remain grounded after official audit finds problems
- Lawmakers blast Boeing CEO for unanswered 737 Max questions
|NOVEMBER 11, 2019|
- Maersk to pilot battery system to improve power production
- MOL collaborates in developing LNG fuel supply terminal & promoting use of natural gas
- New cyber security guide published
- Shipbuilding industry to get a boost with ship design & model testing centre coming up, says Shipping Minister
- DGTR recommends imposition of anti-subsidy duty on imports of copper wire rods from 4 nations
- BIMSTEC ports conclave sees MoUs inked to boost India's Act East Policy
- LPG terminal to come up at Krishnapatnam Port
- Mechanised coal handling berth operational at New Mangalore Port
- Minister inaugurates commencement of 4th season of Costa Cruises' homeporting in India at Mumbai Port
- PSA Kolkata achieves record monthly throughput & commissions 11 new reach stackers
- Revised berthing policy & tariff structure at Dhamra Port
- Portall Infosystems & 21CC Education partner to provide quality e-learning solutions in Indian logistics sector
- Rich Graviss signs on DHL SmarTrucking as logistics partner
- Forex reserves again at new high
- Govt examining possibility of setting up regulatory authority for e-commerce
- India continues to be among the fastest growing major economies with robust fundamentals, says Finance Ministry in response to Moody's change in outlook
- Steel Scrap Recycling Policy issued
- Shaping a smarter future for Customs
|NOVEMBER 12, 2019|
- Raben expands to Bulgaria
- Röhlig Logistics expands its global network
- Sigrid Nikutta to lead DB Cargo
- Russian-made freight cars for Zimbabwe Railways
- Grimaldi's first new PCTC sets sail
- AN-22 returns to commercial market
- Cargo-partner uses Spot's time slot management
- New appointment for Celebi Aviation Holding
- Red Sea Terminal focuses on ULCS
- Modernised rail stretch to increase speed and axle load
- More software, less hardware
- B+S opens hub in Bremen
- "Curiosity of the Day"
- Ecuador: Contecon wins ISO certification
- Bremenports extends lobbying activities
- Electric trucks for urban traffic
- Turkish Cargo gains security status
|NOVEMBER 11, 2019|
- Surprise as Soren Toft leaves Maersk "with immediate effect"
- Ocean freight rates stay on a roll, but are they high enough for carriers?
- US forwarders want clarity on new CBP electronic air cargo manifest rules
- Reducing ship speeds 'a silver bullet' to reduce pollution and save whales
- Anchorage Airport sees opportunity blooming as it expands cargo facilities
- DP-DHL launches first digital platform for road freight in Africa
- Climate change: IAG reviews 'fuel-tankering'
- Jury shocker: 93 million reasons why the ILWU may soon cease to exist
- Namir Khanbabi to lead Zeamarine business in Asia and Oceania
- Supply chain radar: There's a bad moon rising, it's in the numbers
- aM&A radar exclusive: Stretched PIL looking to sell the 'good' assets - US buyer in the frame
|NOVEMBER 11, 2019|
- Bourbon signs up 100 OSVs for Inmarsat Fleet Xpress
Marseille, France, headquartered offshore services giant Bourbon has signed a contract committing more than 100 offshore support vessels to Inmarsat's Fleet Xpress maritime broadband service. The deal is a breakthrough offshore services
- BC Ferries back at Damen for four more battery-hybrids
Canada's BC Ferries has awarded Damen Shipyards Group contracts to build four more battery electric-hybrid Island Class vessels, scheduled to go into service in 2022. The agreement with Damen is a design-build,
- Maersk COO steps down
Maersk Line parent company A.P. Møller - M'rsk A/S reports that Chief Operating Officer Søren Toft has decided to pursue an opportunity outside of the company and will leave effective today. The
- IMO 2020: Could bugs in biofuel eat into your engine?
Shipowners looking to comply with the IMO 2020 sulfur cap by using fuels with biofuel blended in may face an unexpected problem: increased risk of microbial influenced corrosion (MIC) Fredericton, New Brunswick,
- Bisso Towboat takes delivery of first Tier 4 ASD tractor tug on the Mississippi
Bisso Towboat Co., Inc., Luling, La., has taken delivery of its newest ship-assist tug, the 6,008 BHP ASD tractor tug Andrew S. The Andrew S. is the first Tier 4 ASD tractor
- Paducah gets DOT funding for riverfront improvements
The City of Paducah, Ky., says it is to get $10.4 million in funding under the U.S. Department of Transportation's Better Utilizing Investments to Leverage Development (BUILD) Grant program. Though the grant
|NOVEMBER 11, 2019|
- Greek owners call for industry discipline on green agenda
Union of Greek Shipowners president Theodore Veniamis warns against misleading headline conclusions from industry forums and urges unity around the...
- Are charterers and consumers to foot the bill for shipping's carbon tax?
Supporters suggest a carbon tax will accelerate the development and uptake of alternative fuels and carbon-neutral propulsion technologies
- Braemar 'modestly more bullish' for 2020 crude earnings
After 2021, a falling demand for crude and weaker growth in long-haul trades will weigh on freight rates and earnings
- Maersk's Søren Toft steps down
Søren Skou to pick up COO role until replacement is found
- Multi-fuel future calls for team work in advocacy
Shipowners will want to safeguard against fuel price movements going forward, justifying the adoption of two or more marine fuels...
- Answer five questions to make better greenhouse gas policies at the IMO
Dan Rutherford, from ICCT - an independent nonprofit organisation providing technical and scientific analysis to environmental regulators - lays out his case...
- Slow steaming seen as fast-track solution to curb emissions
Green coalition is attending the intersessional working group from the IMO Marine Environmental Protection Committee that began today and is...
- Capesize market hit by negative sentiment
While sentiment has turned negative, there is hope vessel supply tightness will help to sustain levels through to the end...
- Between the lines: Information blackout
Carriers' point-to-point online tools still leave much to be desired
- Box shipping's mini-recovery must be seen in context
Void sailings and the removal of tonnage for scrubber installations are reducing available slots for shippers
- Decarbonisation and digitalisation: Where we're at and what's coming next
Opportunity is as much as about disruption as it is about regulatory and technological uncertainties
- The competitive risks of digitalisation
Gaining control of the supply chain by tying customers to bespoke software systems and industry-owned standards poses a 'serious threat'...
- Daily Briefing
Free to read: Livanos calls on LNG owners to cut back on newbuilds | Gard turns losses around | Exclusive...
- China Merchants to order VLCC quartet
Newbuilding plan wins China Merchants Energy Shipping board approval, with the contract to be signed 'in due course'
- Matson projects $30m-$40m boost in post-2019 annual earnings
Matson's logistics revenue was 11% lower in the third quarter of 2019 than in the same period last year, but...
- Seaspan positive on charter market in 2020
Executives expect the current tailwinds to remain into 2020 because of low levels of tonnage, IMO 2020 and the scrubber...
|NOVEMBER 11, 2019|
- South Asia infrastructure to slow production shift from China
- Rails, trucking hauling light this US peak season
- Forwarder pushback forces India to rework regulatory reform
- COO Toft leaves Maersk
- Trucker shortage delaying cargo at Japanese ports
- Cyclone delays 12,000 TEU of cargo at Chittagong
|NOVEMBER 11, 2019|
- Maersk hunts new operating chief as Soren Toft quits
Danish boxship giant's CEO Soren Skou to take on operational role until new executive is recruited
- Jadrolinija targets newbuildings under state plan
Government is working on fleet renewal for Croatian owner
- Grupo CBO fixes two PSVs on term deals in Brazil
Brazilian owner adds combined two years of work for offshore pair
- Empire Navigation tied to sale of 10-year-old MR tanker
Greek tanker owner Empire Navigation has reportedly sold a 10-year-old MR product carrier as the company works to renew its fleet through an extensive newbuilding programme. Brokers in the US and in Europe said the Stamatis Molaris-controlled company has sold the 50,000-dwt tanker MR Orestes (built 2009) for $19.1m. The deal is still on subjects. Reports point to Atlantica Shipping of Norway a
- Pavimar sells 12-year-old supramax bulker
Greek owner Pavimar has sold a 12-year-old supramax bulker in a deal that appears to be in line with its efforts to renew and expand its fleet. Brokers in the US and Europe said the Ismini Panayiotides-led bulker owner has sold the 52,000-dwt Mary Lina (built 2007)to a Vietnamese buyer for $10.3m. Pavimar bought the Tsuneishi Shipbuilding-constructed ship from Kambara Kisen for $9.6m in March 20
- Skuld warns members about future premium rates
Olso-based mutual says it made a 'small surplus' in first six months of this policy year
- Avance Gas holds on to 16-year-old VLGC after two-month sale effort
Oslo-listed shipowner sticking to price expectation as VLGC market shows signs of strength.
- MPC Capital builds tanker influence by buying into broker Albis
German asset manager takes 50% stake in shop that also has sale and purchase and bulker desks
- New digital developments for shipmanagers may mean less optionality for shipowners
Some shipowners are pushing back as digitalisation takes away their freedom to choose
- Decarbonisation needs to be profitable to work, says Alexander Saverys
Fourth-generation boss of Belgian family's shipping interests tells IMO 'we're no charity'
- Pangaea Logistics 'not at all a fan' of exhaust gas scrubbers
Shipping is 'getting dragged kicking and screaming' into complying with environmental regulations, chief executive Ed Coll says
- German boxship auctioned off in Gibraltar
Spica finds buyer following Admiralty sale in UK territory
- Laid-up MISC FSO sold for scrap
India is the final destination for veteran storage vessel
- IMO revs up carbon campaign as regulators meet
Week-long meeting on measures to achieve greenhouse gas reduction targets starts today
- Commerzbank's long goodbye to shipping continues
German lender's maritime exposure little changed as it cuts provisions
- Bernhard Schulte Shipmanagement buoyed by surge of Greek owners entering LNG sector
Head of BSM's Greek office speaks about inroads into the Greek LNG market and the challenges ahead
- Shipmanagers predict surge in fatalities in run-up to IMO 2020
InterManager survey reveals fears over fatalities, and recent smuggling incidents that have criminalised crew
- China Merchants Energy Shipping to splash $340m on VLCC newbuildings
China Merchants Group has approves four-ship order by subsidiary of four VLCCs
- Boxship rates surge as idle fleet 'skyrockets'
Drewry says there is now more than 1m teu of vessels not operational
- Tsakos tanker captain named as fourth suspect in frigate sinking
Investigation to examine whether deck lighting on Sola TS confused warship's crew
- Shipping ministry will not oppose SCI sale
Department was against privatisation in 2017 but is now in favour
- Shipmanagers take fragmented paths in march to digitalisation
Critics claim shipping's approach to digitalisation is too fragmented and more collaboration is needed for its benefits to be fully realised
- MSC's Isabella becomes largest boxship to call at Singapore
Gulsun-class vessel makes maiden call in Asia after completing first round trip to Europe
- MPA: LNG only current viable solution for greener shipping
Green initiative has been extended for five more years with focus on decarbonisation
- Asian feeder operators unveil IMO 2020 bunker surcharge
Different destination ports will attract surcharges of between $21 and $75 per teu
|NOVEMBER 11, 2019|
- Dry bulk extends slide as Vale shaves iron-ore forecast
Reduced estimate for Brazilian iron-ore exports compounds headwinds for dry bulk.
- FedEx unit more than doubles early-a.m. transpacific air network
FedEx Express doubles originating network for Asia-Pacific early-AM flights to U.S.
- Unions criticize practice of furloughing in the rail industry
The Class I railroads furlough workers in times of lower volumes but unions think the cuts have been too deep as a result of precision...
- Toyota fuel-cell power plant in limbo after California utility withholds support
The plant, one of the world's largest, is designed to support the automaker's hydrogen truck and passenger vehicle fleets.
- Freight Futures daily curve: 11/11
Ten of eleven Trucking Freight Futures markets finish week of November 8th lower.
- Rail shippers seek transload sites even as volumes still weak
As truck-plus-rail becomes increasingly popular, shippers need to find sites where the modes meet.
- UPS ships U.S. beef to Japan, traces movement via blockchain
UPS has partnered with agri-tech company HerdX to ship beef from the U.S. to Japan, while recording its provenance over a blockchain network.
- Saloodo! launches digital trucking platform in Africa
The Deutsche Post DHL Group subsidiary claims its new digital road freight platform is the continent's first.
- Today's pickup: API, EDI platforms can play nice; I've got 50 more feet to go now!
API, EDI platforms can work together. Singles Day parcel tsunami; Oh, those last 50 feet!
- This Week's Forecast
This week's forecast has arrived! Want more? SONAR users get exclusive access to the detailed breakdown and insights.
- Shipwell's entire API for shippers to integrate features within existing workflows
Online freight logistics startup Shipwell has made all of its functionalities available through the REST API, which allows companies to integrate all or some parts...
- White Paper - The Best of Both Worlds: The Asset-Based 3PL
This white paper explores the complexities in the supply chain and how shippers can establish partnerships that reflect their values to the end consumer.
- Shippers should brace for more container rate hikes, warns Drewry
Capacity cuts by lines and higher bunker surcharges as IMO 2020 low sulfur fuels are phased in are fueling box freight rate inflation.
- Mutts4Trucks seeks to pair truckers with dogs looking for homes
Truck drivers spend most of their day alone in their cabs. Mobil Delvac and Pedigree believe that dogs could provide companionship, and potentially improve driver...
- Air France-KLM announces five-year restructuring plan
Initiative includes boosting air cargo revenue
|NOVEMBER 11, 2019|
- MARINE FUEL ROUNDUP: Vilma oil supplies first VLSFO delivery at Ceuta
Vilma Oil has supplied its first delivery of 0.5% bunker fuel at the port of Ceuta, the port authority said Monday.
- FUTURES 4: Crude settles lower as demand growth concerns in focus
Crude futures settled lower Monday, although remained within a well-worn range, pressured by continued global demand growth concerns.
- China to remain a battle ground for Saudi Aramco, Russian crude suppliers in 2020
"Arab Extra Light suits our units ... Arab Heavy is similar to [Iraq's] Basrah Light," a source said.