|SEPTEMBER 13, 2019|
- Los Angeles August cargo scores another record breaking 861,081 TEU
- Sinotrans, Freightos create electronic air cargo booking platform
- Port of Beirut's box throughput slides 2.23pc to 740,030 TEU by July
- Decarbonisation of shipping would create opportunities for financiers
- Hong Kong urges US to focus on bilateral trade and not on protests
- TS Lines orders four 2,700-TEU feeders from Huangpu Wenchong
- Safety study to stop easing of Hours of Service rules said to be flawed
- UK's logistics sector alarmed at new United Kingdom Customs system
- Cathay group cargo volume drops 14pc in August to 161,394 tonnes
- China Airlines buys six Boeing 777 freighters worth US$2.1 billion
- SIA starts flying nonstop to Seattle-Tacoma International Airport
|SEPTEMBER 12, 2019|
- Leaders of major shipping industry trade associations confer on transformational issues affecting the sector
- MOL starts demonstration test of vessel image recognition system using AI technology
- Prologis Freight completes 1 year of operations in India
- Young professionals say London shipping must continue to adapt
- India imposes countervailing duty on sweetener from China for five years
- DP World's Chennai Container Terminal welcomes largest vessel
- DPT eyes 119 mt in cargo handling
- Pipavav Integrated Logistics Hub commissioned at Pipavav Port
- Chinese companies should invest in India, make in India & export from India, says Niti Aayog official
- India & ASEAN agree to review goods FTA to make it more user-friendly, simple & trade facilitative
- India's merchandise exports to grow by 0.6 pc to $ 82 bn in Q2 but non-oil exports may fall to $ 69.48 bn, says Exim Bank
- Director-General of Shipping releases Year Book 2019-20
|SEPTEMBER 13, 2019|
- Rhine Valley Rail to expand Rotterdam connections
- New train service links the Netherlands with Scandinavia
- XPO Logistics obtains ecocert organic certification
- Investing in LNG terminal in Colombia
- Mike Wilson to receive 2019 Silver Kingpin Award
- Silent trucks allow undisturbed sleep in Helsinki
- Cargolux flies heaviest piece to its Chinese hub
- Skyrace international delivers project cargo in Nigeria
- Five years of pharma and fish
- Lowest number of trucks crossing the Swiss Alps since 1999
- From DP World to Delta Cargo
- ONE relies on IoT for tracking and monitoring
- Garbe Industrial Real Estate acquires property in Bavaria
- Funds for upgrading Ukraine's rail tracks
- "Curiosity of the Day"
- Turkish Cargo renews Iata CEIV pharma certification
- Facelift for Linz Airport
- Digital space tool saves fuel
|SEPTEMBER 12, 2019|
- Yellowhammer paper confirms warnings of supply chain disruption after no-deal Brexit
- Lufthansa Cargo blacklists vape shipper and forwarders after lithium ion 'incident'
- Hapag-Lloyd unveils its own online insurance for ocean cargo
- Hungry Menzies is eyeing a bigger slice of the air cargo pie
- DHL hopes to clean up as it saves costs by picking warehouse tech wisely
- Trump delays tariff hikes two weeks as 'goodwill' gesture to China
- Supply chain radar: Trump goes for Amazon - will anyone remember FedEx? UPS?
|SEPTEMBER 12, 2019|
- VIDEO: Dive boat wreck raised as NTSB issues initial report
Ten days the Truth Aquatics dive boat Conception burned and sank, killing 34 people, KTLA 5 today broadcast live coverage of the wreck as it was pulled from the water. Today, too,
- Chevron Marine Lubricants launches new gear oils for marine clutched gear systems
Chevron Marine Lubricants has introduced a new range of premium high-performance gear oils designed for use in industrial and marine clutched gear systems, where extreme load and shock load protection is required.
- Vigor wins $17.6 million Navy contract
Vigor Marine LLC, Portland, Oregon, has been awarded a $17,635,905 firm-fixed-price contract for a 63-calendar day shipyard availability for the regular overhaul dry-docking of USNS Henry J. Kaiser (T-AO 202). The contract
- VIDEO: Marell debuts high speed Volvo Penta powered patrol boat
Volvo Penta and Swedish boatbuilder Marell have joined forces to create the new Marell M15 patrol boat, a durable vessel designed for anti-piracy operations, border control, intelligence gathering, maritime security, and force
- MARAD launches cargo preference training courses
The U.S. Department of Transportation's Maritime Administration (MARAD) has launched newly-accredited, web-based training courses on cargo preference laws and regulations. The courses were developed in collaboration with Defense Acquisition University (DAU). They
- Grand Bahama Shipyard resumes operations
Grand Bahama Shipyard (GBS) reports that it has officially resumed operations, welcoming back its first commercial vessel, the 57,062-ton Agathonissos. Owned by Greece-based Eletson, it returned to the shipyard yesterday to complete
- OMSA says report creates framework for OSV use in disaster response
Offshore service vessels may soon be able to assist in disaster response situations without being hampered by overly strict or differing interpretations of U.S. Coast Guard (USCG) regulations. The National Offshore Safety
- VIDEO: Greenpeace protest shuts down part of Houston Ship Channel
The Coast Guard closed a portion of the Houston Ship Channel, from Light 102A to Light 104, today, due to a stunt by Greenpeace USA activists near Baytown, Texas. At 6:30 a.m.,
- Kongsberg upgrade of Tidewater PSV includes advanced hybrid solution
Kongsberg Maritime has won a contract to carry out a "full picture" upgrade of the 2011-built Tidewater Inc. (NYSE: TDW) platform supply vessel Bailey Tide that will include installation of a state-of-the-art
- Wasaline RoPax to have Wärtsilä navigation and communications system
The new Wasaline RoPax ferry, under construction at the Rauma Marine Constructions (RMC) shipyard in Finland, will be fitted Wärtsilä's Nacos Platinum navigation and communication system. The order for the system, placed
- DNV GL sees fuel flexibility as key to shipping decarbonization
A new edition of DNV GL's Maritime Forecast to 2050 released at London International Shipping Week 2019 focuses on the challenge of reducing the carbon intensity of the global fleet to meet
|SEPTEMBER 12, 2019|
- The Lloyd's List Podcast: LISW Day 4 - How to change the shipping industry
As we near the final mile of the London International Shipping Week marathon, we join two of the race leaders...
- Wan Hai wary of escalating Asian 'skirmishes' on trade
Trade volumes may not be affected as much from US-China trade spat, but tensions are also rising between Japan and...
- Yellowhammer blow to UK ports may bring new opportunities
Ports condemn lack of Brexit planning but changing trading patterns could be of benefit
- Futurist: Digitalise or die
The music scene failed to recognise its own digital revolution and chief executive of The Futures Agency Gerd Leonhard fears...
- UK Flag shakes off 'Brexodus' with new vision to become top performer
UK flag seeks to widen the net and establish industry partnerships that will grow the flag after a recent period...
- IUMI 2019: not exactly good, but definitely less bad
'Markets are challenged. Business hasn't been profitable. Underwriters lose their jobs. Marine business is closed for certain or for all...
- Scrubber corrosion repairs required less than six months after installation
Pipework problems are requiring costly repairs to scrubber systems less than six months after installation in some cases, corrosion experts...
- Shell's Henderson aims for zero-incident future
'A zero-incident industry is achievable, but it will not happen overnight,' said Shell's vice-president
- Baltic Exchange launches new index
The Baltic Operating Expense Index will be published quarterly and based on assessments from three leading independent third-party ship management...
- Indonesia's nickel ore export ban to hit supramaxes
The recent ban could mean the market will lose 2m tonnes a month of supramax cargo
- Viewpoint: The geopolitical seafarer
The US is being far too draconian in the way it imposes sanctions on Iran. Seafarers of any rank are...
- Hong Kong-flagged vessel detained in Australia for MLC contravention
Just last week, another China-owned bulker Fortune Genius was detained, also over unpaid crew wages
- Daily Briefing
Zero-carbon shipping to double freight costs | Carbon fund and cargo collaboration can fund zero emission shipping| IMO 2020 refining...
- US authorities allow two ships to sail out of Brunswick to test Golden Ray casualty
'This is not going to be a quick operation, the salvage operation... I don't think it is out of the...
|SEPTEMBER 12, 2019|
- Worst-case Brexit scenario exposes deep logistics risks
- Protest halting KCS trains to Lazaro Cardenas ends
- Savannah port pursues new terminal, bridge alternative
- NY-NJ truckers wary of port appointment system expansion
- Technology smoothing logistics sourcing shifts
- Amazon intermodal move doesn't worry Schneider
- China-Europe rail rates falling as volumes rise
- Stakeholders push for Bangladesh warehouse growth
- Philadelphia port expanding forest product capacity
- NVO share of US imports from Asia down slightly
- Blockchain platform TradeLens seeks 'organizational identity'
- DHL ties up with startups Convoy, Turvo
|SEPTEMBER 12, 2019|
- Frontline, Trafigura extend option deadline on two suezmaxes
Frontline will have a few more days to consider buying two more suezmaxes from Trafigura as part of a multi-vessel swoop. Both sides on 23 August announced a deal in which Frontline may buy up to 14 suezmax tankers from Trafigura for $675m. Trafigura happy to be exposed to Frontline equity prospects John Fredriksen's Frontline will buy at least 10 through the transaction, which had allowed the
- Greenpeace shuts down Houston Ship Channel in plea for Green New Deal
Greenpeace has blockaded the Houston Ship Channel - the US' largest fossil-fuel thoroughfare - by dangling two dozen climbers off a massive bridge over the busy waterway. The Amsterdam-based environmental group's 22 activists plan to hang from Baytown, Texas' Fred Hartman Bridge with climbing ropes for 24 hours into Friday. Calls to the Port of Houston and the Harris County Sheriff's Office have
- OOCL finance chief: Green funding needs to be a 'carrot'
Green financing hasn't yet taken hold in shipping - but it could, if done right an OOCL executive told attendees at the London International Shipping Week conference Thursday. Michael Fitzgerald, deputy chief financial officer at the Hong Kong liner company, said green financing has to be an incentive and every part of the supply chain needs to be involved. "If we're looking to make the changes
- Giuseppe Bottiglieri to wait on scrubbers and focus on fuel availability
Italian shipowner has begun technical preparation works for its 15-ship fleet, according to managing director Mariella Bottiglieri
- Onorato's Moby Group benefits from 'positive trends'
Italian ferry and ro-ro operator Moby Group saw a significant spike in half-year results. The Vincenzo Onorato-controlled owner's Ebitda came in at a €47.8m profit versus a €8.8m loss compared to the same period last year. Revenue jumped 8.7% to €256.3m, thanks to 'positive trends' both in the passenger and cargo sectors, the company said. Mediterranean passenger results benefited from pricing
- Ship investors face tough regulatory environment
Bahri and Wan Hai executives say better regulatory process for green shipping rules can benefit the whole supply chain
- Japan 'regrets' Panama decision on canal tolls
The Panama Canal Authority (ACP) is to push ahead with a planned increase in tolls across a broad range of ship types next year although the original January implementation date has been delayed to account for IMO 2020. In a statement the Japanese Shipowners' Association (JSA) said that it appreciated that the ACP would delay the hike in tolls until April rather than January 1 when shipowners wil
- CMA CGM appoints new deputy chief financial officer
CMA CGM has brought on a new bean counter to help with the books. The French liner giant has hired Olivier Casanova as its group deputy chief financial officer and chief financial officer for CMA CGM subsidiary CEVA Logistics. This is a newly created position, CMA CGM said. Prior, he was chief financial officer for sugar producer Tereos since 2012 after serving two years as PSA Peugeot Citroen
- Fourth quarter is 'the quarter' for d'Amico
Paolo d'Amico is tired of waiting for the IMO 2020 tanker rally - thankfully, he thinks it's right around the corner. The chairman of the Milan-traded shipowner told TradeWinds Thursday that he expects things to start peeking up next month, with the effects truly felt in the fourth quarter. "We keep speculations, we're speculating on what is going to happen, how it's going to happen," d'Amico sa
- Boris Johnson's plan to shrink emissions?
Just what on earth is the UK's prime minister up to here?
- Helsinki Shipyard fixes finance for two cruiseships
STLC and Finnvera coming up with cash for Vodohod vessels at Finnish builder.
- Arctic the next frontier for navies in defending shipping
Navies are already dealing with both state and non-state actors in a "grey zone", a Royal Navy vice admiral said
- Star Bulk still on the prowl for fleet acquisitions, says Norton
The president of Star Bulk also said delays in fitting scrubbers will support shipping markets until the end of the year
- Shell offering training courses to improve seafarer wellbeing
Major says it is applying what it has learned from its "Partners in Safety" Resilience programme
- Sovcomflot and NYK refinance LNG duo with $176m loan
Russian and Japanese owners sign up with three lenders to fund Sakhalin-2 carriers.
- Data and people both key to future shipbroking success, Baltic-TW forum hears
Digital analytics crucial and complementary tool to relationships and character in shipbrokers' toolbox
- Straits Marine eyes expansion after tanker buy
Malaysian fuels group gets discount on Hibiscus vessel as it ramps up operations.
- Gunvor and Clearlake maintain indemnity in oil smuggling row
UK judge upholds ruling that any claims against charterers by tanker owner Xiang Da Marine should be made in London not Singapore.
- Cargoship banned over insufficient food for crew
Sio Shipping vessel barred by Paris MoU after third detention in two years.
- Petrobras stretches Solstad anchor-handler charters
Brazilian major keeping Far Scout and Far Santana for another year.
- TI opens US office as it expands with scrubber-fitted VLCC pool
Tankers International breaks silence on new members and expansion plans
- Drug-smuggling crew jailed for up to eight years
Ukrainian seafarers from Carib Palm also fined $83m in France.
- Boreal Transport inks electric ro-pax trio in Turkey
Norwegian owner renewing fleet with electric vessels in debut Tuzla order
- ExxonMobil homes in on MISC for first LNG carrier newbuilds
Energy major has already selected Samsung Heavy Industries as its yard of choice as it swoops in on berths
- ExxonMobil on the lookout for dual-fuel VLCC newbuildings
Energy major set to join dash for gas with orders for up to eight LNG-fuelled ships
- Chinese bulkers seized in Australian MLC clampdown
Owners short-changing their crews on wages are feeling the wrath of the Australian authorities
- Vopak expands LNG footprint with Colombia deal
Dutch storage company set to partner Latin American gas player Promigas in infrastructure play
- London's strengths remain despite repeated UK government blunders
City's position as a major maritime centre is built on language, law and security - and policy will do little in the short term to change that
- Yasa and Canfornav revel in brisk supramax market
With freight rates increasing, the ship type is starting to sell well
- Korean and Chinese yards to split Evergreen's 23,000-teu newbuild order
Taiwanese owner opts to own all newbuildings and ditch chartering plan
- Iran crude customers turning to Iraq to fill void
Indian, China and Turkey emerging as big buyers of Iraqi crude, as volumes to US slide, says ClipperData.
- Arun Sharma marks new era at IACS with IMO 2020 focus
Indian Register head is first of new generation of members to hold chairmanship of the classification association
- GMS spares 25-year-old panamax bulker from the scrapper's torch
GMS has followed up a trading sale in boxships with a similar deal in dry bulk to cut scrap trade losses
- Product tanker Megacore Honami heads for auction block
Singapore's longest-held arrested ship will be sold in October
|SEPTEMBER 12, 2019|
- Werner sees a decent peak season, capacity shakeout coming
Werner has seen freight fundamentals improve recently and is expecting the truck market to tighten as new regulation is implemented.
- Potential tropical cyclone developing over the Bahamas
Suspicious weather brewing in the Caribbean. Disturbance could soon become the next named storm of the 2019 hurricane season.
- Carriers gaining momentum, but shippers still hold slight edge in the FreightWaves Pricing Power Index
The weekly FreightWaves Pricing Power Index jumps 10 points in favor of carriers.
- IEA: Trucks, ships may face less IMO 2020 risk than feared
The International Energy Agency now believes implementation of the new fuel rule could be "much smoother than expected."
- SmartDrive raises $90M for video-based safety telematics
SmartDrive, a company that focuses on video-based safety and transportation intelligence designed to help truck drivers, has landed $90 million in outside funding, the company...
- Flirtey unveils their new delivery drones, FAA approved
The logistically challenging final mile of delivery accounts for 53% of the total cost of delivery. Autonomous drone technologies could drastically reduce that percentage.
- Freight Futures daily curve: 9/12
Freight Futures data to watch today: Spot National vs Regionals The spot month National contract (FUT.VNU201909) closed down 0.35% to $1.467 per mile. Regionally, the East...
- CSX chief outlines company's changing mindset as e-commerce grows
CSX needs to be more proactive if wants to compete with trucks, CSX's chief said.
- Flooding, severe storm potential in northern tier states (forecast video)
Heavy rain, nasty storms will slow down truckers at times today. Plains, Great Lakes regions main targets.
- Amazon to open Dallas regional air hub next month
Amazon Air to begin flying at Dallas/Fort Worth regional hub next month
- IAA 2019: Angela Merkel calls for close cooperation between auto industry and government
German Chancellor Angela Merkel addressed the gathering at the IAA 2019 on sustainable mobility amidst heavy criticism over the event by environmental activists.
- Rethinking urban mobility systems through data intelligence
Understanding and analyzing data acquired from current mobility systems could help pave the way for sustainable and affordable mobility of the future.
- Today's Pickup: More fleets use telematics, but few utilize its full capabilities
More fleets are using telematics than ever before, but few are taking advantage of the full capabilities, a new report found. Also, author of controversial...
- Driver appreciation week needs a focus on preventing workplace injuries
The driver appreciation week is celebrated across the country to pay respect to the 3.5 million truckers who haul freight all year round, rain or...
- Customs brokers lobby change to US bankruptcy law
The NCBFAA proposes amending the U.S Bankruptcy Code to allow "subrogation" rights for customs brokers who have paid duties to the U.S. government on behalf...
- Cross-border tech platform Forager closes $3.25 million seed round
Forager wants to solve borders for shippers and transportation providers.
- Peer-to-peer truck sharing platform COOP expands to Orlando
Ryder System's peer-to-peer truck sharing platform COOP connects truck owners with businesses interested in renting vehicles, helping maximize vehicle utilization.
- 'Cyber deniers' are a threat to supply chain security
Digitalization and automation are increasing the risk of cyberattacks, say intelligence agencies, but many shipping companies are refusing to act.
- ATA considers raising diesel tax for truck-only lanes
Option raised as part of Capitol Hill debate on congestion pricing
- Going back to an old model to deal with classification issues: Scopelitis attorney
The complexity of the question of driver classification is leading to new ways of dealing with it.
- BLS' Monaco makes clear her views on driver "shortage": there is none
There is no "perennial shortage" she tells the FTR conference in Indianapolis.
- TL carriers seeing recent improvement
Two of the nation's largest truckload carriers said they are seeing green shoots in freight demand.
- Chinese port Yantai and Brazilian miner Vale enter into iron ore pact
Yantai Port in northern China and the Brazilian miner Vale have signed a so-called strategic cooperation framework to promote the sale of Vale's iron ore....
- 1 on 1 with Matt Elenjickal: FourKites founder details company's rise
FourKites was founded with the idea of developing a cloud-based SaaS platform that allows for seamless communication and real-time collaboration in the supply chain. As...
- Port Report: Big ship calls almost double in New York-New Jersey
Larger ships now calling as liner services have to reach Southeast Asia ports for East Coast discharge.
- PORT REPORT: A "no deal" Brexit will cause supply chain chaos, says secret U.K. government report
Truck capacity across the English Channel could be cut to 50% for up to three months, resulting in two day queues for drivers.
|SEPTEMBER 12, 2019|
- Global refinery throughputs to return to growth in Q4 as IMO 2020 looms: IEA
Global refinery throughputs are expected to return to growth in Q4, after "the recent fall in global refining activity bottomed out in July," the International Energy Agency said in its monthly report Thursday.
- APPEC: PetroChina to suspend direct imports of Venezuelan crude
Direct imports of Venezuelan crudes, almost all heavy sour grades, will officially come to an end from October, a source at PetroChina with close knowledge of the matter told Platts.
- Houston Ship Channel protests could crimp bunkers supply: sources
A portion of the Houston Ship Channel closed early Thursday as Greenpeace activists suspended themselves from the Fred Hartman Bridge as part of protests timed to coincide with a scheduled Democratic Party debate in Houston.
- APPEC: Scrubbers still integral for IMO 2020 compliance despite some unease
Scrubbers will be vital to ensure compliance to the International Maritime Organization's low sulfur mandate despite facing skepticism from some quarters about their limitations, delegates said at an industry event this week.
- External: Global Risk Management
- INTERVIEW: INTERTANKO developing practical guide for implementation as IMO 2020 looms
The joint industry guidance should be read together with the ISO/PAS, Harun said.
- Fujairah heavy distillate stocks slide 14% on week amid robust bunker demand
"We saw steady inquiries in recent weeks and the price difference to Singapore did help to sustain some buying interest," a bunker supplier said.
- Asian gasoil to head West as EFS weakens to near 4-month low
"At minus $14/mt levels, arbitrage for most places, including India to Europe should be open," a trader said.
- OPEC holds 2020 demand forecast for its oil unchanged despite global slowdown
In 2020, world oil demand is projected to increase by 1.08 million b/d, a 60,000 b/d downward adjustment from OPEC previous assessment.