|SEPTEMBER 19, 2019|
- 'Very difficult' for economy to grow 6pc or faster: Premier Li Keqiang
- Cosco takes delivery of latest 21,000-TEUer from Jiangnan Shipyard
- HMM's eastbound Korea-Middle East express service calls at DaChan Bay
- Shipping plays vital role in online shopping, UK's Princess Anne tell industry leaders
- Ireland's port of Cork prepares for Brexit by doubling size of customs facilities
- B&M store capitalises on Yang Ming's new Liverpool feeder service
- Hong Kong Export Index results to be presented by HKTDC
- HK's air cargo volume continues to slide with a 11.5pc dip in August throughput
- WFS inks deal with Saudia Cargo to handle cargo in Europe and US
- Air Transport Services Group makes COO Richard Corrado president
|SEPTEMBER 18, 2019|
- Canada's largest international bulk shipping company enhances fleet
- HFW boosts market-leading shipping practice with Singapore partner hire
- OEL celebrates its 20th anniversary with a grand get-together in Singapore
- Olivier Casanova appointed CMA CGM Group Deputy Chief Financial Officer & CEVA Logistics' Chief Financial Officer
- Port of Los Angeles has busiest Aug. ever
- Second volume of guidelines on collecting maritime evidence published
- South Korea worried about approval from Japan on mega merger of the country's two big shipbuilders
- India agrees to lower import duties on Indonesian palm oil
- PSA's CITPL sets new vessel productivity record for South & East India
- Sunil Paliwal assumes charge as CMD of Kamarajar Port
- Digital platform for issuance of electronic Certificates of Origin launched; to give single point access to exporters
- New Measures to Boost Exports
|SEPTEMBER 19, 2019|
- Intermodal operator expands Scandinavian network
- Origin Logistics opens Bursa office
- Rail service Rotterdam - France launched
- Another round of mega carriers
- Mobile Industrial Robots forges ahead
- LOT chooses Delhi for return to India
- DHL Freight opens freight hub in Hanover-Langenhagen
- New toll collection devices required for Czechia
- Frédéric Barra to preside council of development
- On the double: unloading and LNG-bunkering
- Amazon prepares for opening of first regional air hub
- Logistics centre comes on stream in Ljubljana
- "Curiosity of the Day"
- Swiss forwarder invests in LNG
- TUP expands its board
- Latam Group brings relief plane to Bahamas
- New Zealand's Napier port enhances equipment
|SEPTEMBER 18, 2019|
- Amazon Air removes two 767 leases from Atlas Air and gives to ATSG
- IRU and European Shippers Council draft driver treatment charter to address recruitment crisis
- Container lines "heading deeper into a hole" as demand dries up and capacity increases
- DHL calls on Brazil to streamline taxes in a bid to boost supply chain efficiencies
- CargoLogic Germany finally cleared for take off
- Lufthansa Cargo lifts Flexport ban - but the inside story shows best practice at work
- CMA CGM appoints new chief financial officer for Ceva - in yet another switch
- HSFO prices set to leap in wake of Saudi attacks
- Freightos appoints IAG Cargo's Camilo Garcia to 'bridge the gap' between cargo and technology
- DHL Supply Chain promotes Hendrik Venter to chief of Africa, Europe and Middle East
- On the wires: DB Schenker sale 'upcoming'? Or is it just business as usual?
- On the wires: Extended pain for container lines if the oil spike isn't just a spike into 2020
|SEPTEMBER 18, 2019|
- House Committee asks Elaine Chao for answers fo "troubling questions"
Secretary of Transportation Elaine Chao's family ties to New York-headquartered bulk shipping operator Foremost Maritime Group are central to questions being asked in a letter sent her today by Rep. Elijah E.
- Carnival names NTSB veteran to head new internal investigation group
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has appointed of Sandra Rowlett as vice president of the company's newly created Incident Analysis Group (IAG). Rowlett, who joins Carnival after a 27
- Metal Shark delivers foil-assisted cat
Jeanerette, La., headquartered shipbuilder Metal Shark has delivered a new excursion vessel to Southwest Florida tour and charter boat operator Pure Florida. Sea Flight is a custom 40' x 14' welded aluminum
- VIDEO: Babcock to build new class of U.K. frigates
The U.K. Ministry of Defence has chosen a team led by Babcock International Group PLC as the preferred bidder to deliver the Royal Navy's new class of warships, the T31 general purpose
- Is the ferry industry ready for autonomous control solutions?
Sadly, "hard" dockings of manned ferries happening too often. Meantime, new battery operated ferries will require repeated docking onto charging stations. Do autonomous or semi-autonomous solutions offer answers to these situations? Speakers
- Eagle Bulk takes delivery of two 2015-built SDARI-64s
Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) has has taken delivery of first two of six Ultramax drybulk vessels that it recently agreed to acquire under two agreements worth a
- Balenciaga builds a super silent research vessel
A 61 meter ice class trawler being built as a research vessel by the Astilleros Balenciaga S.A. shipyard in Spain will have a complete MAN propulsion package. The vessel is under construction
|SEPTEMBER 18, 2019|
- IUMI looks for 'more positivity' as marine premiums grow 1%
'The hull and cargo markets appear to have bottomed out and we are beginning to see a modest uplift, albeit...
- Shipping shakes off short-term Saudi disruption but awaits detail on energy trade outlook
A squeeze in long-term supplies is not the issue given well-stocked oil reserves, even with the repair timeline likely to...
- 2020 sulphur cap complicating bunker effect of Saudi oil output cut
Denmark-based supplier Monjasa sees supply for bunker market largely unaffected as Okeanis Eco Tankers expects Singapore bunkering to increase at...
- Between Abqaiq and a hard place
While immediate attention is being paid to oil price rises, the eventual timing of a restoration of Saudi Arabia's production...
- M/Maritime adds two Japanese-built bulkers
M/Maritime has now taken delivery of five new bulkers from Japanese builders this year
- How to future-proof shipping
Attacks on Saudi Arabian oil facilities follow an economic battle between presidents Trump and Xi, climate change, populism and digitalisation:...
- Stena Impero to be released by Iran 'in days'
Iran claims the British-flagged tanker and 16 seafarers still held will be released once legal proceeding are completed
- Cosco Shipping names Feng as ports chairman
Cosco Shipping Ports also appointed Zhang Dayu as its managing director
- Between the lines: Blank sailing into the void
All but three of the major main lane service offerings have suffered from blank sailings since their inception
- Cargill and Maersk Tankers to run joint pool
The new joint pool will have more than 60 tankers and both companies intend to further increase capacity over time
- Aramco pleads for flexibility on crude grades and delivery schedules
The drone attacks on Saturday hit output from the Abqaiq crude processing facility and a second plant at the Khurais...
- Daily Briefing
Free to read: Shipping's future lies beyond Brexit and beyond shipping | The Lloyd's List Podcast: The key takeaways from...
- Golden Ocean invests more with Singapore Marine
Golden Ocean is adding $9.5m of new equity and extending a shareholder loan of $700,000 to Singapore Marine
- IUMI president reports expansion over past year
'The organisation benefits greatly from having a settled headquarters in Hamburg with three members of staff. That means IUMI can...
- Asian importers confident of Saudi supply but cast wary eye on outage duration
The drone attacks on Saudi Arabia's Abqaiq refinery and the kingdom's second biggest oilfield, Khurais, have resulted in a loss...
- Equinor cleans up hurricane-damaged oil terminal in Bahamas
'A response team continues to assess the damage and plan the recovery work,' Equinor said. 'Initial recovery assets have been...
- Tanker markets await repair timeline after drone knocks out half of Saudi oil production
Abqaiq is the largest oil processing facility in the world and seen as the nerve centre of the Saudi energy...
|SEPTEMBER 18, 2019|
- Matson Logistics taps BlackBerry for intermodal container visibility
- USDA expands in-transit cold treatment program
- US-Mexico trucking draws technology investment
- Brazilian cotton exports squeeze outbound ocean capacity
- Trade uncertainty impacting US reefer shippers
- Pyle, Oak Harbor ink cross-country LTL partnership
- Nansha (Guangzhou) attracts first US East Coast direct service
- JOC Top 40 container carrier rankings first half 2019
|SEPTEMBER 18, 2019|
- USCG resumes Golden Ray salvage after storms
The US Coast Guard (USCG) has resumed salvage operations for the Golden Ray, a Hyundai Glovis-owned car carrier that capsized in Georgia's St. Simons Sound. The procedure was suspended Sunday as a result of unsafe conditions caused by thunderstorms and heavy riptides. "We currently have approximately 160 local, state, and federal responders here to protect public health and the environment," sai
- Marine insurance market contracts
Conference hears insurance providers are increasingly pulling out of the marine market as latest figures show rates are not improving
- VLCC rates surge on strong fixture activity after Saudi attacks
Demand for spot VLCCs increases while VLGC and product tanker rates are little changed
- Sembcorp sends FPSO to Brazil's Santos Basin
Sembcorp Marine subsidiary Estaleiro Jurong Aracruz (EJA) has finished building an FPSO set for Brazil's Santos Basin. The P-68 newbuild left the EJA shipyard today and will be deployed to ultra-deepwater Berbigão and Sururu fields. FPSOs, FSRUs and offshore wind boost Sembcorp Marine coffers The 150,000-bpd vessel is built for Tupi, a consortium comprising Petrobras Netherlands, Total Brazil S
- Anglo-Eastern, Exmar offer LNG management
Anglo-Eastern Univan Group and Exmar Ship Management have joined forces to offer their services to LNG shipping. The two companies have formed joint venture AEX LNG Management focused on LNG carrier newbuilding supervision and vessel management for third-party owners. Based in Singapore, the new company will draw on Exmar's niche expertise in LNG and leverage Anglo-Eastern's systems, resources
- Carnival expands environmental compliance effort
Carnival Corp has bolstered its effort to improve its environmental track record, having devoted another new role and small team to that goal. The US cruise major has appointed Sandra Rowlett, a former US federal safety investigator, as vice president of an incident analysis group focused on health, environment, safety and security (HESS). She will also work to implement new global investigation
- Abqaiq refinery attack could complicate IMO 2020 regulations
The refinery shuttering could raise fuel costs or could function similarly to an Opec production cut
- Fear of fuelling: Why IMO 2020 might not be so bad
The switch to low-sulphur bunkers may be a feast for the lawyers, but how much upheaval will the change actually cause?
- Penfield Marine's next focus is on building a suezmax presence
And then there were suezmaxes. Penfield Marine executives Tim Brennan and Eric Haughn have found a new front for expansion, telling TradeWinds that the shipmanager is laying the groundwork to take in the larger tankers. "We're gearing up to add suezmaxes, probably the same as in panamaxes and aframaxes, where we charter in ships first and then go from there," company chief executive Brennan said
- Oman Shipping refinances tankers with $110m loan
Owner fixes funding with Standard Chartered for vessels including two VLCCs
- Growth at home and abroad for pool player Penfield Marine
Connecticut firm finds larger home while branching out into Singapore and expanding management footprint
- Stena's Olsson makes peace gesture with Knotted Gun donation
Stena supremo gifts sculpture created after John Lennon's murder to Belfast
- Iran seizes another vessel in anti-smuggling drive
Ship detained for allegedly trying to take 250,000 litres of fuel to the UAE.
- Tanker loading halted at Ras Tanura following Saudi attacks
Eight VLCCs are waiting outside of the world's largest oil terminal as market players mostly take a wait-and-see approach
- Nordic American Tankers again claims Middle East uncertainty will bolster tankers
The weekend's attacks on Saudi Arabian oil refineries is a good thing for the tanker market, according to Nordic American Tankers. The Herbjorn Hansson-led shipowner said in a letter Monday "that political uncertainty of this nature is normally good for the market" - echoing comments by the suezmax specialist after a previous spate of Middle East violence. 'Unprecedented disaster': Saudi attack
- Saudi attacks cast cloud over IUMI talks
More trouble for underwriters to consider as they gather in Toronto
- RightShip blacklists owner for non-payment of crew wages
Action taken by the ship vetting agency follows a spate of vessel arrests in Australia for unpaid wages.
- G2 Ocean increases project cargo scope with new strategic hires
Norwegian bulker operator expands into breakbulk sector in Germany and the US
- Iran getting closer to releasing seized Stena tanker
Iran is reportedly planning on releasing the 50,000-dwt Stena Impero (built 2019) "in days". According to Bloomberg, the Islamic republic's foreign ministry spokesman Abbas Mousavi said the judicial process for releasing the Swedish-owned, UK-flagged MR tanker is nearly complete. Stena Bulk says seven crew released in Iran Once that is done, he said, the Stena Bulk ship will be able to sail fro
- The shipping noise | Maritime industry's next big environmental challenge
Underwater sound pollution is increasing from shipping. Moves are afoot to quieten the oceans
- Still bitter about those sweets: 20 Questions with Concirrus' Nick Roscoe
What was your earliest memory? Cubs - I specifically remember playing crab football. Another early memory was school sports day. My friend always won everything and would be rewarded with a big pile of sweets. Although he was best man at my wedding, I'm still bitter about it! Did you go through training/university or straight into work? After school I went to Manchester University to do a History
- Boskalis to build Iraq oil export terminal
Oil ministry signs deal with Dutch contractor to diversify shipment routes.
- Abracadabra: TradeWinds readers conjure up Boris captions
Read the excellent suggestions for what is really going on in this photo.
- It's time we faced the fact that banks and shipping don't mix
Sovereign wealth funds, financial conglomerates and pension funds are better placed to provide future financing for shipping than banks due to the risks and cyclicality of the business
- Rokke's Kvaerner eyes big growth in FPSOs and offshore
Tycoon's contracting company wants to expand business by 40%.
- Cargill and Maersk Tankers create 60-plus MR fleet
Trader and shipowner aim to build pool with more vessels as they seek to cut emissions.
- Relief as Hellenic Petroleum is ready to deliver on IMO 2020
Biggest refiner in the Eastern Mediterranean reveals it has made the grade on 0.5%-sulphur bunkers
- 'Unprecedented disaster': Saudi attack a major blow for tankers
Clarksons Platou and BTIG say drone incident will hit VLCC demand, but product tankers could benefit.
- Cyprus plans to scrap ship registration fees
Move is part of bid to boost attractiveness of island flag.
- Sumec plots course as new model Chinese shipowner
The parent of New Dayang Shipbuilding wants to become China's answer to Japan's trading house builder-owners
- Tanker and LPG equities to open lower in wake of attacks
Tanker and LPG shipping equities are expected to open "significantly down" on Monday in the wake of the last events in Saudi Arabia, warns an industry analyst. Tanker market braced after attack knocks out half Saudi crude oil output "VLCC spot rates and FFAs [forward freight agreements] are likely to tumble," Cleaves Securities head of research Joakim Hannisdahl said in a note to investors. "Th
- Trump opens Strategic Petroleum Reserve taps to ensure adequate crude supplies
Saudi Arabia attacks said to be largest MEG supply disruption since the Iraq-Kuwait war
- Peter Weernink takes back control of operator SwissMarine
Singapore Marine buys SwissMarine as new bulker giant forged
- Singapore's MPA warns owners of haze hazard to shipping
Local authorities say the situation is likely to persist for several days, before improving
|SEPTEMBER 18, 2019|
- Forcing crew into "slave" labor gets ships banned from Australia
Ship operators who engaged in "reprehensible," "dishonest and predatory" behavior by forcing crew to work without pay get their ships banned from Australia.
- CEMEX bets on Canadian final-mile startup GoFor's U.S. expansion
Venture capital arm of Mexican building materials company makes an undisclosed investment in Ottawa-based firm that focuses on last-minute deliveries in the construction industry.
- Regional LTL A. Duie Pyle expands to West Coast through Oak Harbor partnership
A. Duie Pyle extends service to the West Coast through partnership with Oak Harbor Freight
- Oil on Monday closed nearer to day's highs than its lows; ULSD remains the laggard
Oil markets completed their first full day of trading following the drone attacks on Saudi processing facilities, with the global crude Brent benchmark rising more...
- How drone attacks impact shipping: crude tanker fallout
The drone attacks in Saudi Arabia are reverberating across the ocean shipping business. Part II: the impacts on the crude tanker segment.
- Business lobbyist confident in U.S. weathering an oil price storm
U.S. Chamber chief Tom Donohue also commented on status of China trade talks, USMCA.
- Deutsche Post DHL opens innovation center for Americas
DP DHL open s innovation center for Americas, the third center in its global network
- Voyage Auto raises $31 million to expand self-driving technology
While retirement communities have provided a controlled baseline to deploy their services, Voyage does not plan to stop there.
- How drone attacks impact shipping: non-tanker fallout
The drone attacks in Saudi Arabia are reverberating across the ocean shipping business. Part I: the impacts on non-tanker shipping segments.
- Trimble conference opener highlights new leadership, data-driven solutions
Trimble (NASDAQ: TRMB) kicked off its 2019 in.sight user conference in Houston with an ode to technology's role in empowering collaboration and data-driven decision making....
- Transplace Symposium focuses on future of carriers, supply chains and technology
Transplace's 2019 Carrier Symposium in Dallas discussed the latest topics impacting the carrier industry, including both capacity excesses and shortages, ELDs, regulatory changes, and driver...
- Former California DMV employee sentenced to 22 months in fraudulent CDL scam
A former California Department of Motor Vehicles' (DMV) employee was sentenced to 22 months in federal prison for his part in a fraudulent commercial driver's...
- Freight Futures daily curve: 9/16
Lower Friday spells end to a mostly down week for Freight Futures.
- Today's pick-up: Musk invokes Amazon's name not in vain; Using a customer to rake XPO
Tesla takes a page from Amazon in new logistics strategy for delivering vehicles. Union group uses customer as leverage to bash XPO
- Georgia Ports Authority celebrates 'incredible' achievements
Executive director and governor report volume records and expansion opportunities.
- Industry digs into FMC's container availability interpretive rule
The AgTC asked the U.S. Federal Maritime Commission to extend the comment deadline to Oct. 31, calling the rule "the most relevant and far-reaching initiative...
- Bookkeeper sentenced to five years for embezzling over $800,000 from Indiana trucking company
An Indiana woman was sentenced Sept. 11 to nearly five years in federal prison for embezzling more than $800,000 from a trucking company.
- CBP seeks to expand e-commerce pilot participation
The Express Association of America said additional industry participants in Customs and Border Protection's Section 321 pilot will "enhance" the agency's capability to target illicit...
- Struggling used truck market dips for 10th consecutive month
Preliminary used Class 8 truck sales fell for the 10th consecutive month in August as used trucks hit the market in bigger numbers because of...
- Seven key steps in building a logistics crisis communications plan
When something goes wrong, such as a fatal truck crash, how your company responds in the moments that follow can be critical to the long-term...
- Shipping braces for fuel cost surge after Saudi oil attack
With oil prices climbing 20%, bunker and BAF costs are expected to follow suit after Saudi drone attacks
- Delta ups stake in Korean Air parent
Hanjin KAL, controlled by the Cho family, remains the largest shareholder in Korean Air.
- Convoy adds API access to its network for shippers
Shippers, TMS and MTP providers have now been given access to Convoy's automated real-time pricing and capacity for both live and drop-and-hook loads through API...
- IMC adds Pacific Northwest ports to U.S. intermodal reach
IMC Companies added its eighth regional trucking branch with the addition of a new drayage and intermodal provider in the Pacific Northwest, The third-party logistics...
- Volvo Trucks imports Dynamic Steering technology from Europe (VIDEO)
Volvo Trucks will offer its Dynamic Steering system as an option in 2020. Volvo says it reduces the strain of maneuvering a heavy-duty truck steering...
- Japanese shipowners in plea to Panama Canal Authority: consider your customers
Japanese ship owners have called - very, very politely - upon the Panama Canal Authority to give greater consideration to the shipping industry when hiking...
- Port Report: Further blank sailings forecast by container lines as spot rates tumble
Carriers are set to withdraw more Asia-Europe sailings in Q4 as excess capacity drags on freight rates.
|SEPTEMBER 18, 2019|
- USGC HSFO swaps backwardation hits record levels amid tightness, rising cracksPrompt backwardation in the US Gulf Coast high sulfur fuel oil swaps market hit its steepest point ever Monday as volatility in the energy complex led the front-month swap to rise almost $11.50/ from Friday.
- Americas bunkers prices rise on support from energy markets"For Panama I see quite a jump [in spot prices] due to what happened this weekend," a source said.
- TANKERS: Americas VLCC rates jump over 17% on increased activity after Saudi attacksAmericas VLCC freight increased more than 17% on US Gulf Coast-loading markets Monday following the attacks on Saudi oil production infrastructure, as bullish owners took advantage of tightened availability in the Americas and a volley of freshly opened cargoes and pushed freight to match strengthened global VLCC sentiment.
- Crude prices soar as Saudi attacks expose tight global spare capacityOil prices rallied Monday as markets evaluated the fallout from the attacks on Saudi Arabia's key Abqaiq processing facility and Khurais oil field over the weekend.
- FUTURES 7: Oil rally holds as traders weigh Saudi supply loss, geopolitical risks
- Asia HSFO market may reel under further supply pressure from Saudi attacks: traders"I think it's quite possible that [Saudi Arabia] would now look to substitute their crude burning with fuel oil," said a fuel oil trader.
- Sovcomflot, NYK Line sign refinancing deal for two LNG carriersThe financing facility is in line with the adoption of Poseidon Principles.
- External: Global Risk Management
- Oil futures climb despite stock release plans after Abqaiq attackBrent and WTI appear to have stabilized around 10%-12% higher after the first three hours of trading, Hari said.