|DECEMBER 13, 2019|
- Airport authority in HK offers concession to help boosts hub's competitiveness
- EU-Singapore accord to benefit port of Hamburg with greater trade
- Shenzhen DaChan Bay Terminals equips all box ship berths with shoreside power
- US east coast ports continue to win container market share away from west
- Georgia ports to lift record 4.6m TEU in 2019; rail cargo surges 30pc in 3 years
- Total and MOL sign charter contract for second LNG bunker vessel
- Vietnam's shipping industry can meet rising demand: Vinalines
- China's air cargo sector is hit by slow volume growth, overcapacity
- DHL study says globalisation evolving, not declining
- Scottish air cargo airport goes under the hammer but sales talks stall
|DECEMBER 12, 2019|
- Colombo Ennore Express (CEX) service: Instructions for bookings to/from Ennore Port
- Hapag-Lloyd Navigator dashboard launched for customers
- MOL orders next-generation coal carriers for energy-efficient transport services
- ONE joins New York Shipping Exchange platform
- Govt promoting export of organic products
- APM Terminals Pipavav hosts CSR conclave in Ahmedabad
- India's cold storage capacity lower than required
- National Logistics Policy has a wide-ranging vision
- Benefit of FTAs to small exporters
- Cabinet approves additional equity support to IIFCL
- India set for modest recovery but further reforms needed, says survey
- Parliamentary panel on finance asks govt to stop misuse of input tax credit under GST to raise collection
- ADB lowers its growth forecasts for India, China
- Customs successfully target environmentally sensitive goods during Operation DEMETER V
- Sushil Modi is the new head of GoM on IGST settlement
|DECEMBER 13, 2019|
- Iata expects slight improvements for 2020
- New rules for road haulage traffic in the EU
- "Hot" air cargo in Alaska and Australia
- Transfera thrives in Serbia
- Combining road haulage and air freight
- New feeders to be built on dual-fuel LNG-basis
- United Cargo makes Cape Town debut with WFS
- ONE takes another step towards digitalisation
- Project forwarding award for Deugro
- Pall-Ex delivers 180,000 Christmas trees
- Planning next steps after latest intermodal launch
- Iberia to be back in Guayaquil
- Another generation of MOL-vessels
- Switzerland: efficient railfreight even on the last mile
- "Curiosity of the Day"
- DHL tests cargo bikes in New York
- New head for Britannia's Greek Office
- Ethiopian Airlines next week, next year
|DECEMBER 12, 2019|
- Scrubber pioneer MSC the worst-hit by delay as ships queue at yards for retrofitting
- Time to crack down on hidden lithium ion battery shipments, says air cargo
- Competition in the Gulf heats up as Abu Dhabi unveils plan to boost port capacity
- Vancouver Airport is building, but slowly and may miss out on a 'golden opportunity'
- Qwyk's sailing scheduling links with DB Schenker's online despatch system
- Market Insight: Toll Group - the bell is tolling for Mr Mullen
|DECEMBER 12, 2019|
- Canadian Coast Guard takes delivery of second OFSV
Seaspan Shipyards' Vancouver, B.C., shipyard has completed delivery of CCGS Capt. Jacques Cartier, the Canadian Coast Guard's second Offshore Fisheries Science Vessel (OFSV). The delivery took place exactly five months and two
- Golding Barge Line expanding Vicksburg operations
The Mississippi Development Authority reports that inland water transportation company Golding Barge Line is expanding operations in Vicksburg. The project is a $20-million corporate investment and will create 25 jobs. "Mississippi's transportation
- USCG returns most New York Waterway ferries to service, but ups inspections
Coast Guard Sector New York has returned to service 18 of the 23 New York Waterway ferries that had been initially suspended for a series of safety concerns in the week leading
- Austal USA delivers EPF 11
The U.S. Navy accepted delivery of its eleventh Expeditionary Fast Transport (EPF) vessel, the future USNS Puerto Rico (T-EPF 11), from shipbuilder Austal USA in a Dec. 10 ceremony held aboard the
- SEA\LNG study makes strong case for LNG as a VLCC fuel
The SEA\LNG coalition has released the results of an investment study that, it says, shows that LNG is "a compelling investment solution" for VLCCs operating onthe Arabian Gulf to China trade route.
- Seamen's Church Institute hosts River Bell Awards Luncheon
The Seamen's Church Institute (SCI) has presented its prestigious River Bell Award to Delbert R. Wilkins of Illinois Marine Towing. The award was presented December 5, 2019 at SCI's 20th Annual River
- Damen supports Colombian research vessel project
Damen Shipyards Group is to provide Colombian shipbuilder Cotecmar with design, engineering and technical assistance for the construction of an 83 m x 16 m Scientific Marine Research Vessel (Buque de Investigación
- Schottel to propel hydrogen-fueled ferry
Two new environmentally friendly vessels for Norwegian ferry operator Norled will be propelled by high efficiency azimuth thrusters from Schottel. One of the two LMG Marin designed vessels - currently under construction
|DECEMBER 12, 2019|
- Ventspils port calls risk breaching US sanctions
The Latvian port is a key Baltic distribution point for middle distillates such as diesel and gasoil as well as...
- IMO 2020 will benefit US oil producers and refiners, White House official forecasts
US refineries which have downstream units that upgrade residual oils into more valuable and lower-sulphur products are well positioned to...
- IMO warns against 'trouble' and 'confusion' for global decarbonisation efforts amid EU emissions push
The IMO secretary general says he intends to travel to Brussels, while industry lobbies express concerns over Commission and Parliament...
- National Bank of Greece set to complete sale of bad ship loans
US private equity firm Cross Ocean Partners is acquiring ship loans that are in default for about half their original...
- Byzantine Maritime group orders two LPG carriers with dual-fuel option
Hyundai Mipo-built vessels may be among the first with dual-fuel LPG-burning engines
- Collaboration the key to stopping misdeclared cargo
Regulations designed to promote competition and transparency may, unintentionally, be an impediment to shipping's efforts to clamp down on misdeclarations...
- Viewpoint: The salvors' lifeblood
The International Salvage Union is reshaping itself to offer up risk foresight for those in the shipping industry as well...
- Daily Briefing
Free to read: European Commission unveils plan to regulate shipping emissions | Saudis in tender for first ships to feed...
- US sanctions Iranian shipping firms for smuggling weapons to Yemen
'Today's designations put the world on notice that those who engage in illicit transactions with these companies will risk exposure...
- MOL orders next-generation coal carriers
The group anticipates ongoing orders for EeneX vessels and expects them to play a leading role in its coal carrier...
- Elba LNG readies first shipment and lends shine to US exports
LNG tanker Maran Gas Lindos is loading the first shipment at Elba Island
- Epic Crude Holdings begins oil exports from Texas terminal
Epic repurposed the former International Grain Port Terminal to begin exporting crude while it has a larger export facility under...
- POSH set for delisting in January
The Singapore Exchange is set to lose yet another offshore listing following the delistings of Vard and Otto Marine
- ONE to offer slots on Nyshex
ONE will start posting offers on the exchange this month for transpacific eastbound trade
- The 5 lifetime achievers 2019
As part of our annual Lloyd's List Top 100 most influential people in shipping series, we recognise individuals for their...
|DECEMBER 12, 2019|
- US to cancel, reduce tariffs under partial trade deal with China
- Holiday shopping spurs truckload spot rates
- Hapag-Lloyd tabs Blume for digital drayage help
- YRC reports double-digit drop in LTL tonnage
- ONE bolsters NYSHEX trans-Pacific presence
- Montreal truckers tap AI for smarter port drays
- Box rules hold back interoperable chassis pools: truckers
- APMT joint venture widens Cosco's Med footprint
|DECEMBER 12, 2019|
- Concord Maritime buys first vessel in Arcadia deal
Ben Ognibene-led commercial management and pooling outfit will employ Samsung-built aframax in Dakota Tankers pool.
- Christen Sveaas converting $13m of debt into Western Bulk equity
Move is part of attempt to strengthen company's finances and could also involve two other share issues
- Diana Shipping share buyback oversubscribed, but it won't take them all
Diana Shipping shareholders may not get exactly what they planned in a buyback that has been oversubscribed nearly fivefold, but they will at least get something. The New York-listed owner plans to repurchase only some of the 12.2m shares that investors tendered in a programme offering to buy only 2.74m units at $3.65 each. The so-called prorated offer, which expired Wednesday, will provide Sime
- Malaysia seizes drifting tanker with lone engineer aboard
61-year-old Vietnamese man detained for further questioning
- Scrubbers may not last - but they will make fast cash
Critics claim gas exhaust systems will damage the environment, but for adopters it is all about the money
- P&I clubs urge caution after US sanctions Latvian port
Government to take over Ventspils after measures against board member Aivars Lembergs
- IMO 2020 will not boost refining runs - IEA
Net refining runs will not increase next year because labour strike-related outages will offset the expected boost in low-sulphur fuel production, according to the International Energy Agency (IEA). Tanker players fear soft oil demand more than deeper cuts by Opec+ In a new report, the agency said global refining throughput is set to see a quarter-on-quarter fall in the final three months of 20
- Wellard sells world's biggest livestock carrier for $53m
Australian owner offloads Ocean Shearer to boost its finances
- SEA/LNG makes the investment case for LNG-fuelled VLCCs
Study claims payback period on a dual-fuel large tanker operating between Middle East and China is three to five years
- Massive variation found in lines' LSFO surcharges
Alphaliner says it can see no correlation between size of extra fees and operators' efficiency
- NRP snares Genco Raptor with Greek partner
Norwegian owner snaps up another bulker with W Marine
- New York case reveals fresh details behind fraud allegations against NewLead Holdings
Amid pursuit of Michael Zolotas' assets, several people well known in ship finance have been named in connection with the former shipowner's activities
- Sanctions and green shaming reveal tattered corporate veil
New digital world is creating a huge change in the transparency of shipping, with uncomfortable consequences
- Petronas open to ordering third FLNG newbuilding
Malaysian energy major weighing up market case for another gas unit
- Cargoship grounds in Tunisia after dragging anchor
Veteran Hamada S stuck on beach in Bizerte after storm
- Signature Living backs out of cruise plan for floating beach club
British hotel group puts veteran Funchal back on the sales market
- Byzantine Maritime orders LPG newbuildings at Hyundai Mipo Dockyard
Greek shipowner emerges behind order announced by South Korean firm
- Saga LNG Shipping prototype goes into spot market business
Shipowner and investor David Wu says his new midsize LNG carrier design is proving itself for possible long-term charterers
- Pavilion Energy poised to make call on LNG newbuild duo in 2020
Singapore gas company plans to target breakbulk activities and LNG bunkering as it expands its business in South East Asia and Europe
- MOL contracts pair of 'next generation' coal carriers
Japanese shipowning giant said it anticipates ongoing orders for "optimal coal carrier" design
- Pavilion Energy to open doors in Europe with Madrid office
Pavilion Energy group chief executive Frederic Barnaud has said his company's efforts are focused on bringing Iberdrola's portfolio into its operation, as it eyes making inroads in Europe. Pavilion paid €115m ($127.4m) for the LNG assets of Spanish energy company Iberdrola in June as a step towards becoming a global player. The company officially opened its new European headquarters in Madrid in
- Clarksons says newbuilding orderbook at 15-year low
Significant decline in contracting has also seen forward cover at big three Asian nations shrink
- Kwok bid to take POSH private goes unconditional
Singapore-listed offshore vessel operator has also extended closing date of the offer by one week
|DECEMBER 12, 2019|
- Feds advance plan to limit transportation WiFi capacity
Mobility group slams spectrum cut as "reckless decision."
- Forward Air to buy most of Linn Star to expand last-mile network
Forward Air to become top 5 final-mile provider with acquisition of most of Linn Star
- Bennett International Group expects growth in diversified services
David Carpenter and Praveen Boppana discuss the Georgia-based logistics company's expanding ventures.
- APM Terminals opens container terminal on Italian Riviera
A new APM Terminals container terminal in Italy also expects to capture cargo moving to and from Switzerland, Germany and France.
- Hapag-Lloyd taps Blume Global for managing global drayage
Fifth largest global carrier is responding to customer interest in greater container visibility.
- Canadian National grain shipments return to pre-strike levels
Canadian National's grain shipments gain momentum with eight-day strike in the rearview.
- Freight Futures daily curve: 12/12
Trucking Freight Futures notch fourth consecutive session of gains on Wednesday.
- Hong Kong discounts airport fees for cargo shipments
Cathay Pacific didn't waste anytime jumping on the Hong Kong airport's offer to subsidize rebates of terminal handling charges as both organizations look to attract...
- ONE making ocean freight slots visible on digital exchange
Japan's leading boxship carrier becomes seventh to join NYSHEX's platform for guaranteed slots.
- There will be diesel reaction to IMO 2020, but it's mostly muted: JP Morgan
A recent report by JPMorgan Chase sees a diesel market reaction coming as a result of IMO 2020, but its tone and forecast are restrained...
- Major snowstorm continues to slam western US (with forecast video)
Snow, blizzard conditions not letting up across mountains of western U.S. Icy weather possible in the South.
- California's AB 5 will impact trucking companies and shippers
Assembly Bill 5 limits companies from classifying workers as independent contractors rather than employees to save operational expenses.
- FMCSA extends drug clearinghouse deadline for state agencies
Delay to provide more time to develop proper IT platform.
- Today's Pickup: Saudi Arabia's Aramco becomes world's most valuable publicly-traded company
Aramco crosses $2 trillion valuation; German economy looks vulnerable than ever; Autoworkers vote for a new contract at Fiat Chrysler.
- US sanctions snare more air, ocean transport operators linked to Iran
The Treasury Department's Office of Foreign Assets Control warns U.S. companies to exercise due diligence against entanglements with sanctioned transportation services providers.
- Refraction launches robotic lunch delivery in Ann Arbor
Less than six months after Refraction came out of stealth mode, the robotics startup is launching its first food delivery service, for residents of Ann...
- Celadon's closure an opportunity for other companies in turbulent times
Celadon Group's (OTC: CGIP) shutdown comes after cross-border shipping had already lost several other full truckload (TL) carriers this year that provided Mexico service. Matt...
- SUKU, DreamView Studios partnership brings transparency to virtual world across industries
On Dec 10, industry agnostic supply chain ecosystem SUKU announced a partnership with DreamView Studios. The platform, enabled by blockchain, and media ecosystem produces photo-real...
- Carriers regaining the mojo: Power shifts toward carriers a third consecutive week (with video)
Momentum for carriers holding as volumes, rejections and rates are moving in their favor.
- Freight-tracking startup FourKites focuses on innovation, global expansion
FourKites ranked No. 8 on the FreightTech 25 list of the most innovative and disruptive companies.
- Chinese export contraction continues as US tariffs bite
After adjusting for Lunar New Year distortions, the growth rate for Chinese exports to the U.S. in November was the lowest since January 1996.
- Making the Steel City a hub for freight - FreightWaves Insiders [podcast]
Michael Ceravolo of Beemac Logistics and Jordan Reber of ARL Logistics are making Pittsburgh a hub for supply chains.
- Analyst: Fuel costs set to double, box lines rush for scrubbers
Shipyards are facing a scrubber stampede as container lines seek to sidestep paying for low-sulfur IMO 2020 bunkers beginning on Jan. 1.
- Air cargo may be poised for a 2020 upturn
IATA is optimistic that the trade wars, geopolitical tensions, Brexit and social unrest of 2019 will be less damaging in 2020, offering air cargo stakeholders...
|DECEMBER 12, 2019|
- IEA lowers estimates of refinery throughput growth
The International Energy Agency on Thursday lowered its Q4 2019 and Q1 2020 refinery throughput forecasts, bucking previous expectations that the IMO low sulfur cap on marine fuel would boost runs.
- MARINE FUEL ROUNDUP: Monjasa opens first supply area in Houston
Bunker fuel supplier Monjasa has announced an expansion of its Americas operations, with the opening of its first physical supply area for all grades of marine fuel in Houston.
- HSFO cracks strengthen as IMO deadline approaches
European high sulfur fuel oil barge cracks have seen unexpected strength this week as the IMO 2020 sulfur deadline is only 20 days away.
- US sanctions on Iranian oil impeding foreign investment, slowing exports: official
US sanctions on Iran's oil exports have caused revenue losses for Iran exceeding $50 billion, severely hindered the country's push to expand refined-product exports, and ended foreign investment in its energy sector, Brian Hook, the US State Department's special representative for Iran, said Thursday.
- Global fuel oil demand in 2020 to fall 4.6%: IEA
Global fuel oil demand will average 6.148 million b/d in 2020, a 4.6% drop from 6.440 million b/d in 2019, the International Energy Agency said in its December report published Thursday.
- FUTURES 4: Crude settles higher on US-China trade deal hopes
Crude futures settled higher Thursday, rising along with equities on optimism that the US and China would come to a trade agreement soon.
- Russian 2019 river navigation closes, last activity in southern Russia
Navigation was completed in late November on the river Neva, which is the main part along the Volga-Baltic route.
- FUJAIRAH DATA: Refined product stocks rise 2.5% on light distillates gain
Stocks of light distillates rose 15% to a three-week high of 5.377 million barrels.
- Platts Analytics raises global oil demand growth as IMO 2020 kicks in
"Diesel demand growth will be extraordinary in 2020, due to IMO specification change," said Claudio Galimberti, Platts Analytics head of demand.
- Denmark's Monjasa expands physical supply operations to Houston
"The large distances leave room for several suppliers in niche markets within this massive port area," it added.
- Russia's Gazpromneft Marine Lubricants starts production in Singapore
Localizing lubricant production at the AP Oil partner facility will cut delivery times, the company said.
- Shell sees LNG as starting block for shipping's energy transition
"There's an urgency to reduce carbon emissions now; we can't sit back and wait for all the research on these new fuels," Henderson said.
- Tight fuel supply, busy barge schedule put strain on Med bunkering activity
"The whole of the Med is tight on HSFO and VLSFO," one bunker buyer said, adding that quoted bunker prices were higher as a result.