|DECEMBER 17, 2019|
- MSC starts using greener blend of fuel oil in IMO carbon-cutting drive
- Total to supply natural gas to CMA CGM's 15,000-TEU box ships from 2021
- Hudong-Zhonghua to build LNG bunkering vessel, 25,000-TEU LNG-fuelled box ship
- Cosco Shipping, Jotun renew joint venture to provide marine coating in China
- BIFA calls on new British government to deliver on its Brexit promises
- Jebel Ali port ploughs ahead with development of 4th box terminal
- Kerry Logistics opens Bahrain office, bonded logistics facility in Dubai
- American Airlines pushes back return of B737 MAX to service until April
- Airlines struggle in economic environment, as forwarders won't commit to volumes
- DHL Q3 profits rise despite slide in airfreight volumes and revenues
|DECEMBER 16, 2019|
- Cogoport hosts first exclusive Cogoport Elite Event in Ahmedabad
- Dutch Drone Delta established withPort of Rotterdam Authority support
- Lift & Shift delivers one of the biggest, heaviest boiler & HRSG modules
- MOL takes delivery of another LNG carrier
- MSC strongly committed to further reducing CO2 emissions
- Opening of Vado Gateway container terminal set to transform logistics in northern Italy
- Bangladesh withdraws import restrictions on nine items from India through two land ports in Tripura
- Huge surge in frozen shrimp exports to China
- Logistics Data Bank now in Paradip & Mormugao ports
- Railways needs $600 bn by 2030 for NDC goal on freight
- Report shows trade restrictions by WTO members at historically high levels
|DECEMBER 17, 2019|
|DECEMBER 16, 2019|
- Delay alert with feeder lines in 'radical' new year container handling shake-up
- More confusion ahead for lithium battery shippers
- US and China reach trade agreement, but key details are still unclear
- GIC pays Apollo €950m for 28 distribution facilities in Europe
- Steven Harvey quits Cargologic for freight VP role at East Midlands Airport
- Supply chain radar: Takeaways from the Celadon collapse
|DECEMBER 16, 2019|
- Volvo Penta of the Americas makes leadership appointments
Volvo Penta of the Americas reports the promotion of Marcelo Puscar to Vice President of Marketing and the appointment of Yichen Gu to Vice President of Parts and Accessories. The changes are
- Callan Marine launches 32" cutter dredge
Galveston, Texas, based dredging contractor Callan Marine recently launched the General MacArthur, one of the largest cutter suction dredges in the U.S. market, at the C&C Shipyard in Belle Chasse, La. At
- Coolant leak likely caused battery room fire in hybrid ferry
Battery manufacturer Corvus has now issued its preliminary findings on the cause of a fire that broke out in the battery room of a Norwegian hybrid ferry on the evening of Thursday,
- Viking to protect V.Ships box ships against container fires with HydroPen
V.Ships Hamburg is to protect over 40 of its ships against container fires with an innovative system from Viking Life-Saving Equipment called HydroPen. The alarming rise in the number of container fires
- Shell launches next-gen used oil analysis program
Shell Marine has recently launched a new IT platform for its Shell LubeAnalyst used oil analysis program. The launch is the first step in demonstrating how Shell Marine will digitalize its service
- Dive boat fire brings bill to strengthen passenger vessel safety
Senator Dianne Feinstein and Representatives Salud Carbajal and Julia Brownley have introduced the Small Passenger Vessel Safety Act, a bill to establish new safety measures for small passenger vessels in the aftermath
- Eastern delivers seventieth towboat in long running FMT series
Eastern Shipbuilding Group, Inc., Panama City, Fla., has delivered the M/V Jaden Pasentine (Hull 200) the seventieth in the long series of inland towboats that the company has been building for Florida
|DECEMBER 16, 2019|
- Chemtanker blast caused by 'runaway polymerisation' of styrene monomer cargo
MAIB calls for further information from other shipowners or operators about near misses in the carriage of styrene monomer, which...
- Iranian STS off Malaysia challenged after coastguard interception
The tanker fled the Malaysian Maritime Enforcement Agency on December 5 after a patrol asked to come on board for...
- GasLog agrees $1bn facility for seven newbuildings
LNG carrier owner has also announced a special dividend to shareholders
- Have Brussels and container lines called a truce?
An extension of the Consortia Block Exemption for another four years will provide container lines with legal certainty, but some...
- Europe clears tonnage tax and seafarer schemes for some countries
Cyprus, Denmark, Estonia, Poland and Sweden are in line with state aid rules, the European Commission finds
- Portico eyes launch of Portsmouth-Antwerp container route
Portsmouth-Antwerp route would be a 'fantastic' alternative for exporters and 'a phenomenal addition' to UK supply chains
- BG Freight Line launches Dunkirk-Ireland box route
Launch of the new service had come in response to strong demand from customers
- New long-haul VLCC route seen as Norwegian oil field exports begin
Industry observer say they detect the pattern of a new trade route for very large crude carriers shipping North Sea...
- Containerships takes delivery of fourth LNG-powered feeder
Containerships Artic will join three sisterships on Baltic feeder services
- Consortia block exemption: The importance of being relevant
Before thec onsortia block exemption is renewed for four more years, the European Commission should redefine the relevant market, since...
- Block exemption extension gives carriers clarity and confidence
Commission finds that carriers are passing on cost savings to customers
- The Lloyd's List Podcast: Shipping's biggest questions answered by the experts
Lloyd's List has been polling the industry on everything from AI to zero carbon fuels over the past months and...
- Thomas Miller Specialty buys Lodestar Marine book
Insurer Thomas Miller Specialty has purchased fixed premium P&I provider Lodestar Marine's book of business for undisclosed sum
- Trade lanes show divergent trends towards spot and contract rates
Liner pricing power in spot and contract markets differs by trade lane
- Keppel signs second jack-up sale-and-leaseback deal with Grupo R for $190m
Deal seen as a win-win agreement for both parties while also giving Keppel additional charter assets in a growing Mexican...
- Daily Briefing
Free to read: The Top 100: a tale of tension, transition and trade wars | Shipping remains cautious on US-China trade...
- Over 20 crew abducted from chemical tanker off Nigeria
The attackers boarded the Marshall Islands-flagged tanker on December 15, approximately 110 miles southeast of Lome in Togo, Lloyd's List...
- Cyprus awards $323m contract for its first LNG terminal
Cyprus wants to use LNG imports for gas-fired power generation from 2021. The nation has already shortlisted bidders for LNG...
- US predicts doubling of exports following trade agreement with China
News of the agreement will be welcomed by US exporters, especially the nation's farmers who have been especially hard hit...
|DECEMBER 16, 2019|
- US shippers ratchet up on-time delivery demands
- Startup aims to bring final mile structure to Indian shippers
- US imports from Asia plunge for second-straight month
- Special report: Can indexing bring transparency to breakbulk chartering?
- Productivity shortfalls compromise ports' ability to service mega-ships
- Biofuel to accelerate CO2 cuts while industry seeks zero-carbon option
|DECEMBER 16, 2019|
- Diana gets above-market fixture on capesize to Pacbulk
Diana Shipping has fixed a third vessel on charter to an Asian shipping company in the past two weeks, the latest being a capesize at a rate that beats the market average. The Simeon Palios-led bulker owner has entered into a time charter contract with Singapore's Pacbulk Shipping for 179,426-dwt Santa Barbara (built 2015). Diana Shipping share buyback oversubscribed, but it won't take them all
- Andy Tung leaving co-CEO role at box line OOCL
Cosco-owned company says boss will become a director at parent OOIL from 1 January
- Pyxis targets MR growth after selling oldest tanker
Greek owner says offloading of Pyxis Delta allows it to pursue bigger vessels
- Avance books dual-fuel LPG newbuildings at DSME
Avance Gas Holding has ordered two dual-fuel VLGC newbuildings in South Korea, which will join its fleet of 14 LPG vessels over the next two years. Avance Gas profit soars but comes in below expectations The John Fredriksen-controlled LPG carrier owner has ordered the two 91,000-cbm newbuildings at Daewoo Shipbuilding and Marine Engineering (DSME). TradeWinds reported last month that Oslo-liste
- Restis-backed Enterprises Shipping buys first bulker in two years
Enterprises Shipping & Trading is said to have bought its first vessel in more than two years in an apparent effort to take advantage of the current weak secondhand bulker market. European and US brokers said the Victor Restis-controlled shipowner has purchased the 178,000-dwt Gotia (built 2012) from German owner Orion Bulkers. The Greek company paid just $23m, the sources said. That's slightly
- Maersk swings the axe on its sustainability team
The head of the division is leaving the Maersk group, which will merge its environmental work into other departments
- GasLog wins $1bn financing and pays out special dividend
The LNG carrier owner has underscored its bullish outlook by giving shareholders an early Christmas present
- Lloyd's of London underwriters forced to open up on cyber risk
From next year, marine underwriters must tell clients if their policies offer protection
- Simms Showers advocates for cuts to reporting time of bad fuel
US law firm believes the move would force crews to test and debunker any off-spec fuel that could hamper operations
- Scrubber retrofits overrun as yards' best-laid plans unravel
Installation times for the IMO 2020 kits have increased over the past year
- SSY reveals pre-IMO 2020 bunker delays in China, South Korea
UK broker says switch-over of barges from high to low sulphur fuel is holding up ships
- Introducing the WiGS - the first women of gas-fuelled shipping
Women in Gas-fuelled Shipping - or WiGS for short - is planning to grow its profile in 2020
- IACS unveils potential classification society rules for cyber safety
International Association of Classification Societies agrees publication of recommendations next year
- Topaz name disappears as DP World completes $1.1bn merger
New Dubai OSV group controls 400 ships as Topaz CEO Rene Kofod-Olsen takes top job
- Vickie Fox departs from MS Amlin to join IGI
Marine underwriter Vickie Fox has left MS Amlin to join International General Insurance (IGI) Holdings. Fox has been taken on by IGI to develop a new bespoke marine trade product covering public liability, employee's liability and property damage. MS Amlin increases fixed premium P&I capacity Marine insurance business survives MS Amlin shake-up IGI said its marine insurance business has been s
- Over-heated cargo blamed for Stolt Groenland blast
Styrene monomer had reached 100 degrees Celcius on tanker, rupturing deck and leading to ignition of vapour
- Low-sulphur fuel prices soar in Singapore
High demand ahead of IMO 2020 sees compliant fuel prices go through the roof
- Rune Birkeland quits G2 Ocean as Arthur English steps up
Executive poised to take new job with Grieg Group
- Precious Shipping targets bulker buys with $28m loan
Thai owner looking to acquire vessels of up to 65,000 dwt
- Fresh markets insight offered in TradeWinds
Improved data offering brings readers key rates and share price information.
- China Rescue and Salvage orders heavylift vessel trio
Ministry of Transport company heads to Cosco (Dalian) and CMHI for new tonnage
- Seaspan's Bing Chen seeks alliances and is on a mission to boost market share
Seaspan Corp is in talks with Chinese financial leasing houses and is open to new ways of growing its fleet
- Clarksons: Markets 'sizzle' but investment chill remains
Newbuilding and S&P activity not as hot as rates this year, according to analyst
- Boxships remain 'first and foremost' for Seaspan as it scouts other sectors
Although containership giant will maintain emphasis on core business, VLCCs and LNG carriers loom large on radar
- DSME bags first offshore shipbuilding deal in five years
US oil major Chevron has gone to the South Korean yard for part of its Anchor project
- Keppel agrees second sale and leaseback deal with Grupo R
Mexican driller said to be paying "competitive day rate" over 10-year bareboat charter
- Singapore LNG imports to tripple by 2028 as nation eyes FSRU
Energy regulator recently issued expressions of interest for floating LNG import terminal
|DECEMBER 16, 2019|
- Celadon's handling of Hyndman closure prompts criticism from Canadian lawmaker
A Canadian lawmaker criticized Celadon Group's abrupt closure of Hyndman Transport, calling it a "footnote in their thought process." Byran May, a Liberal federal member...
- Breaking: Boeing halts 737 MAX production as FAA certification drags out
Boeing is like a boxer on the ropes. The latest body blow is having to suspend production of the 737 MAX while it undergoes further...
- Paper Transport Inc. experiences tremendous 13-year growth
Vice president of operations explains what keeps PTI at the industry forefront.
- EPA loosens fuel restrictions in US ahead of IMO 2020
Action allows ship owners to buy less expensive marine fuel to meet Jan. 1 regulation.
- Travel Centers of America brings in new CEO
Travel Centers of America named turnaround expert Jonathan Pertchik its new CEO, effective immediately.
- Union Pacific fully implements positive train control
The next step is achieving full interoperability with other railroads.
- Few stragglers remain ahead of ELD deadline
Less than 1% have yet to comply with a federal mandate requiring them to switch over from AOBRDS to ELDs on Dec. 16.
- Mexico and US mend labor inspector provisions in USMCA
Just days after Mexico's Senate voted to approve modifications negotiated into the U.S.-Mexico-Canada Agreement (USMCA), U.S. officials introduced a labor enforcement provision that threatened to...
- Amazon halting FedEx Ground deliveries by Seller Fulfilled Prime customers
Amazon to block customers of its Seller-Fulfilled Prime service from using FedEx units for deliveries
- What US-China trade progress means for shipping stocks
U.S.-China deal should boost shipping stock sentiment, assuming investors believe it'll stick.
- Freight Futures daily curve: 12/16
A quiet Friday caps a relatively strong week for Trucking Freight Futures.
- CAI announces review of 'strategic alternatives'
CAI International, one of the world's largest container lessors, is reviewing strategic alternatives with the help of Centerview Partners.
- Severe thunderstorms, snowstorms to begin messy weather week across US
Several inches of snow, sleet will slow down truckers across the country this week. Severe thunderstorms, too.
- Today's Pickup: Tesla's truck may not ride in Europe; pushback on Morgan Stanley's Amazon forecast
Tesla's truck may not comply with Euro standards. Consultant takes issue with Morgan Stanley's Amazon firecast
- DOJ emphasizes business cooperation for export penalty mitigation
When companies self-disclose wrongdoing to the Justice Department, "the benefits of their cooperation will be concrete and significant," said Assistant Attorney General John Demers.
- On electric vehicles, China and California aim for more stick, less carrot
Sales mandates are gaining popularity in the world's two largest electric vehicle markets.
- Air cargo optimism for 2020 tempered by hazy crystal ball
Santa seems likely to leave some coal in the airfreight industry's stocking this year, but some see 2020 turning to glitter if the industry can...
- Navistar recalls International work trucks that can move unintentionally
Navistar is recall four models of work trucks because they can move even with the parking brake on.
- Off the Supply Chain: The Talent Shortage
For nearly a year now in the U.S.-and for the first time since the department of labor began tracking job turnover-the number of open jobs...
- Platform Science thrives on background approach to freight tech
Platform Science ranked No. 10 on the FreightTech 25 list for 2019. Its open-platform technology streamlines transportation processes to help trucking fleets eliminate waste and...
- UK election: No-deal Brexit should be avoided at all costs
British transport associations call on Prime Minister Johnson to quickly agree a future trading arrangement with the European Union.
- Drone delivery startup Skyports raises funding from DB Digital Ventures
U.K.-based drone technology startup Skyports operates across London, Los Angeles and Singapore today and plans to be a leader in urban aerial mobility.