|SEPTEMBER 18, 2019|
- Moody's downgrades Hong Kong outlook to 'negative' as protests go on
- Poor communication about blank sailings has shippers and forwarders up in arms
- IMO confident maritime industry will meet new low sulphur fuel regulations
- Port of Savannah's box handling capacity to be doubled to 11m TEU per annum
- Long Beach port's Clean Air Action Plan lowers diesel emissions by 87pc
- Westports expected to lift record 10m TEU this year
- Singapore, Japan, ReCAAP hold event to discuss ways to combat piracy
- Avianca Cargo flies perishable to Dallas Fort Worth twice weekly
- Richard Smith back at helm of FedEx Express' US, global operations
- LATAM Cargo transports two bears across Brazil
|SEPTEMBER 17, 2019|
- Clarification of Sea Cargo Manifest Regulations
- Hamburg Süd expands e-commerce services
- Hapag-Lloyd offering online marine insurance
- Incoterms® 2020 launched
- Keeping customer convenience at the centre of container shipping
- Ship operating costs decline for seventh year in succession
- Vegetable oil imports up by 5 pc in Aug.
- H-Energy signs Port Service Agreement with Kakinada Seaports
- IMF sees India's GDP growth 'much weaker' due to corporate & environmental regulatory uncertainty
- Ministry of Commerce & Industry launches new export credit insurance scheme
- Steel Import Monitoring System launched
|SEPTEMBER 18, 2019|
- Special transport for vintage cars
- Rail company pushes ahead with hybrid technology
- DHL Supply Chain picks a new CEO for major markets
- Iumi has mixed expectations for maritime insurance
- AO and Aldi sign three-year home delivery deal in UK
- Second B747F for first service to Europe
- Gefco moves from Getafe to Pinto
- IRU demands to safeguard the role of road transport
- The West of England P&I Club celebrates 50 years in Greece
- Ship operating costs continue to fall
- Files concerning Geneva airport open to public consultation
- Carlisle Companies appoints Mark C. Smith VP of supply chain
- U-Freight certified to screen air cargo in Hong Kong
- Joining forces against dangerous distractions
- ACI calls for an end to trade disputes
- "Curiosity of the Day"
- Imports drive throughput in the port of Virginia
|SEPTEMBER 17, 2019|
- Failure to recoup increased low sulphur fuel costs could see lines blanking more sailings
- M&A radar: DSV & Panalpina combined - here is the 'air & sea regional management team'
- M&A radar exclusive: DSV Panalpina - ex-PAN board member Karl Weyeneth named as EVP global accounts
- OECD calls for reform of 'ineffective' maritime subsidies
- Air Canada Cargo's drone arm takes off with first commercial customer
- P&O launches Tilbury-Calais service to beat Dover congestion
- Forwarders save time and effort as AirBridgeCargo and Cargologicair join booking platform
- DHL Express to cut vans from roads as it develops Cubicyle for New York streets
- Seven key steps in building a logistics crisis communications plan
- WFS appoints Paul Carmody to head UK cargo operations
- M&A radar: DSV Panalpina - fear the boomerang effect on key accounts from top staff negotiations
|SEPTEMBER 17, 2019|
- Wärtsilä 31SG pure gas engine makes marine market debut
Wärtsilä has launched the Wärtsilä 31SG pure gas engine for marine market applications. It is based on its successful Wärtsilä 31 platform, the diesel version of which has been recognized by Guinness
- VIDEO: Keppel O&M and ABS integrate Smart Functions into rigs
Classification society ABS has partnered with Keppel Offshore & Marine in developing the first two newbuild offshore drilling rigs with Smart notations. One, delivered earlier this year for work in offshore Mexico,
- American Queen in new Mississippi River water quality monitoring project
A data-gathering nutrient sensor attached to the American Queen steamboat will, for the first time, allow scientists and cities to better understand the water quality along the entire length of the Mississippi
- U.S. Great Lakes ports busy despite falling grain exports
U.S. Great Lakes ports had a busy August, shipping construction materials, road salt, aluminum and wind energy components. Despite these areas of strength, cargo volumes via the bi-national St. Lawrence Seaway (from
- VIDEO: Building the world's biggest Otto cycle engine
WinGD (Winterthur Gas & Diesel) has released a time-lapse video of the build of a 12X92DF engine by CSSC-MES Diesel Co., Ltd. (CMD) in Lingang, Shanghai. Rated 63,840 kW at 80 rpm,
- Vigor kicks off construction of next-gen Army landing craft
Vigor's recently acquired state-of-the-art aluminum fabrication facility in Vancouver, Wash., was the scene of a keel laying ceremony yesterday that marked the start of construction of the U.S. Army's next generation landing
|SEPTEMBER 17, 2019|
- Government reluctance to attribute terror blame makes war risk clauses harder to interpret, IUMI told
'People in positions of authority don't want to commit to saying what happened, because that has diplomatic ramifications... No one...
- New European Commission must enable decarbonisation, but sustain shipping's competitiveness
Ecsa's Martin Dorsman expects an even 'greener' commission and hopes for policies to enable the use of alternative fuels
- MPC Capital and Zeaborn combine boxship chartering outfits
Two German owners announce merger of Harper Petersen and Contship to create a platform commercially managing a fleet of more...
- Tanker boost from IMO 2020 undone by fleet growth, says BIMCO
Many new deliveries and a low number of demolitions add to crude fleet growth, which BIMCO expects will reach 5.3%...
- FONAR: The expensive tool shipowners should avoid
'If you are not prepared in advance, and using a FONAR without evidence, you will find yourself in a very...
- Hamburg Süd launches airline-style 'smart' box booking capability
Maersk subsidiary trials instant booking service on selected trades
- Falling Rhine water levels trigger freight surcharges
River connections between central Europe and Rotterdam under threat from falling water levels
- Maritime subsidies failing to achieve goals
Tonnage tax and other flag incentives often contradict wider policy goals and should be reconsidered, says the International Transport Federation
- Vessel operating costs shrink for seventh year in a row
The largest drop came from insurance, the report from the shipping accountant BDO finds
- Shanghai tops liner connectivity index
World's largest port is also the best connected by container line services
- MPCC charters out two more scrubber-fitted feeders
The feedership owner announced charters for six scrubber-fitted ships in 2018
- Daily Briefing
Free to read: Shipping shakes off short-term Saudi disruption but awaits detail on energy trade outlook | Between Abqaiq and...
- Singapore bunker prices spike over Saudi supply jitters
Brent prices moving up again on Tuesday has stoked expectations of advances in bunker prices for the second day in...
- Low LNG prices to stay until 2021, says study
The liquefied natural gas market is only expected to rebalance after 2022, after which new export capacity is expected to...
- Tanker markets await word about time for repairs to Abqaiq
Additional storage facilities in Egypt, Rotterdam and Okinawa may ease a short-term supply gap, but are not geared for any long-term...
- Anglo-Eastern joins with Exmar in LNG shipmanagement venture
Exmar brings its niche expertise in the liquefied natural gas sector to create synergies that it claims will be a...
- Driving digital change
Digital transformation projects should not be standalone efforts but should be an integral part of the whole business, says Hapag-Lloyd's...
- World trade growth will support rate rises in hull and cargo, IUMI is told
'A three-line tweet now can change all of the business plans you have put in place for five or ten...
|SEPTEMBER 17, 2019|
- Trucking execs temper IMO 2020 diesel concerns
- Truckers bemoan AB 5 effect on California drayage
- Confidence in low-sulfur supply, shipper acceptance builds
- India's southeast terminals boost efficiency to grab share
- EC shipping block exemption critic expects renewal
- project44 ties digital tendering to TMS
- Forwarders urged to move beyond just freight selling
|SEPTEMBER 17, 2019|
- Seaspan Shipyards brings on new chief financial officer
Seaspan Shipyards has appointed a new top bean counter. The Mark Lamarre-led yard has brought on James Clarke, a senior finance professional with 15 years of accounting experience, as its new chief financial officer. He joins Seaspan from the Houston, Texas, office of SNC Lavalin, where he was the chief financial officer and senior vice president of finance for the oil and gas division with oper
- DryShips returns to red on dry-docking costs
DryShips has revisited the loss side of the ledger, thanks primarily to millions of dollars in dry-docking costs for seven ships. The George Economou-led diversified owner posted a $12.7m loss for the second quarter versus a $3.25m profit for the same period last year. The bottom line was mostly impacted by a $26.1m spend on putting exhaust gas scrubbers and ballast water treatment systems on se
- VLCCs hold gains with IEA, China strategic reserves on watch
Owners retain the upper hand but the fortune can quickly turn if China and the IEA tap into strategic reserves
- Pacific Basin Shipping buys two supras and two handys for $74m
Three of the bulkers are vessels that Pacific Basin already has on long-term charter.
- Eagle amends possible share resale tied to $750m shelf listing
Eagle Bulk has changed the number of shareholder units registered for possible resale as part of recording $750m in equity to fund fleet expansion and general business costs. The Gary Vogel-led bulker owner logged the multimillion-dollar shelf filing with the SEC in early August after acquiring six ultramaxes. As part of last month's filing, Eagle also recorded up to 50.7 million common shares f
- HFW partner warns owners against armed guards in the Middle East Gulf
Richard Neylon said extra crew onboard vessels could be a better approach to vessel security.
- Shipping adapts to a rapidly evolving LNG market
TradeWinds business focus explores how the modern face of the business is throwing up some burning questions.
- Product tankers diverted from Saudi Arabia amid new demand patterns
Less demand for product tankers in Middle East, but potentially more in India and East Asia
- House committee looks into Elaine Chao and Foremost
Transportation Secretary Elaine Chao is also accused of deprioritising programmes designed to aid the US-flag fleet
- UK government slammed for 'tone-deaf' slave ship tweet
Historians queue up to have a pop at government campaign containing controversial images
- MPC Capital and Zeaborn form 160-plus boxship fleet
German owners merging Harper Petersen and Contchart to unify commercial operations.
- IPO King James Christodoulou: Blink and you'll see him
Peter G's right-hand man during the glory years at Genmar is getting a charge out of his new life in Miami
- Cargill and Maersk Tankers joint MR pool eyes further growth
Partners' next move will be to grow the pool's 60-vessel fleet with other owners
- War of words: Shipbroker brings grandfather's diaries to life
Shipbroker Charles Barne has turned his grandfather's diaries into a book. And what a book: meetings with Churchill, climbing the Pyramids, gin with Worcester sauce, all against the background of global conflict
- Master and owners charged over North Korea fuel transfers
Group of six suspects facing criminal action in Taiwan
- Wilbur Ross yet to divest shipping fund stake
US commerce secretary discloses remaining holding in Starboard Recovery Associates.
- Tankers International talks to owners as it plots dual pool growth
New scrubber entity and US office ignite fresh discussion in a changing market
- Khamenei rules out talks with US after turbulent day in shipping
The break-up of 2015's nuclear deal is purportedly the reason behind the recent strife in the region
- MPCC fixes first scrubber-fitted boxships
German owner says eight vessels have secured contracts with a savings-sharing mechanism
- Saudi Aramco to delay Chinese crude loadings
Saudi oil giant reportedly says October cargoes will be pushed back by 10 days following drone attacks.
- Bengal Tiger Line tees off on renewed growth under new private fund owner
Feeder operator celebrates a year under new ownership with 30th annual golf tournament
- ADNOC buys into Vitol oil storage operation
Abu Dhabi group takes 10% stake in trader's VTTI.
- TT Club reshapes business to keep pace with change
Having celebrated its golden anniversary in June, the logistics insurer is looking ahead to an era of data-driven cover for integrated operators
- Fredriksen's best-kept secret
Ship Finance International, now renamed SFL Corp, is the low-profile outpost of the tycoon's shipping empire that has always done things differently
- Poten sees LNG market oversupplied into 2020 and beyond
LNG is transitioning from a Rolls Royce to Frankenstein's monster as it shift to more commoditised trading
- A matter of Principles: Poseidon rules the seas of change
Carbon pollution has suddenly moved from being a problem to worry about tomorrow, to one shipowners are forced to tackle now. TW+ reports on how finance and politics have helped catalyse action
- Ernst Russ adds handymax and container duo
German owner building fleet portfolio and takes over Elbfeeder joint venture.
- TSM deal gives Chinese owner half of all LPG-fuelled VLGCs on order
Guangzhou owner adds three more vessels at Jiangnan Shipyard
- BDO: Shipping operating costs continue to decline
Ironically, study found that the segment with the largest overall drop in 2018 was insurance
- Ta-Ho Maritime books bulker trio in Japan
Taiwanese shipowner has until the end of September to decide if it wants optional vessel
- PSA plans to acquire 200 LNG-powered trucks
Singapore terminal operator says switch to vehicles using alternative fuel part of decarbonisation plan
- LNG is 'best option' today for marine fuelling, says new study
DNV GL reviews bunkering alternatives for industry coalition SEA\LNG as 2020 emissions deadline nears
|SEPTEMBER 17, 2019|
- At FedEx, the pain continues, and the gain isn't in sight
FedEx posts lousy fiscal q1 results but insists that the long-term outlook remains bright
- FMCSA to consider addressing driver coercion in HOS regulations
Topic once again dominates floor at FMCSA listening session.
- Small carriers expanding fleets as large carriers reduce tractor counts
Smaller carriers are snatching up the big carrier's excess truck supply, even in a softer year. The reason is not obvious.
- Consolidation within European freight forwarding business continues
The recent acquisition of freight forwarder and logistics specialist Panalpina by DSV marks one of the few M&A deals that have occurred in the market...
- Proposed Georgia, SC terminal operator agreement withdrawn
Three marine terminal operators had approached the U.S. Federal Maritime Commission about forming a joint terminal services and stevedoring operation in the ports of Savannah...
- Innovation in global supply chains will be driven by consumer attitudes towards climate change
For a long time supply chains have been regulated to the very distant background. That is changing, and I think it is faster than we...
- 'Moving forward, we will be building vehicles on top of computers'
OEMs discuss the seemingly endless benefits that accrue from connected truck platforms.
- New tropical depression pumping up Texas flood risk
More than 10 inches of rainfall could flood parts of Houston, Galveston through Wednesday, possibly Thursday.
- Short lines group celebrates Congressional support of tax credit
The trade group has been lobbying Congress to make permanent a tax credit for infrastructure investments.
- Uber Freight, leveraging network density, introduces Bundles and expands Powerloop
The drop trailer pool expands to Los Angeles while Bundles will be nationwide.
- Onfleet and Mi9 partner to optimize grocery e-commerce delivery software
The U.S. grocery e-commerce market will be worth nearly $20 billion in 2019 and is the fastest-growing online purchasing category.
- Saudis say production 50% back, oil prices slide on possible quick end to crisis
Saudi Energy Minister Prince Abdulaziz bin Salman at Tuesday press conference discussing status of country's oil industry. And just like that, the great Saudi oil...
- Freight Futures daily curve: 9/17
Trucking Freight Futures began the week Monday with mixed results.
- Understanding tactile data: the fulcrum of self-driving technology
Autonomous vehicles would need to process both visual and non-visual data derived from their driving environment to be in control. Understanding data streams that flow...
- Kansas City Southern eyes energy opportunities in Mexico
The railroad, which has dedicated operations in Mexico, has invested in capital infrastructure related to energy.
- Flood threat for Houston, Humberto eyeing Bermuda (forecast update)
Several inches of rain could flood streets in Houston metro area through Wednesday. Coastal areas included.
- DOT chief target of ethics probe into maritime connections
Chao's influence over budget cuts could also affect national security, lawmakers allege.
- Imaginnovate joins Blockchain in Transport Alliance
The latest company to join the Blockchain in Transport Alliance (BiTA) is Imaginnovate, which is headquartered in Visakhapatnam, India. The company has strong roots in...
- Why you should care about the Logistics Managers' Index
What is the Logistics Managers Index and why should you care? Anthony Smith explains:
- FedEx will not apply peak season parcel surcharges, saves the pain for the outsized stuff
FedEx passes on peak season surcharges but will hit the outsized stiff hard. Rates also to rise for 2020 services.
- GM strike could hurt unionized auto haulers first
The halt in vehicle production at General Motors [NYSE: GM] plants on Sept. 16 over a labor dispute is expected to have ripple effects throughout...
- Shopify launches U.S. CBD sales platform
Canadian e-commerce firm allows merchants to sell CBD and other hemp products online and in brick-and-mortar stores.
- Mike Meier joins BlueGrace Logistics as SVP of Strategy
Meier will work with Bobby Harris on developing and executing a long-term vision for BlueGrace.
- DSV expects buoyant consumer demand to keep global trading crisis at bay
Danish logistics conglomerate DSV is now one of the world's leading forwarders after completing the acquisition of Panalpina in August.
- Today's Pickup: Technology deployment specialist Velociti enters construction market
Technology deployment specialists Velociti have expanded into the construction markets, giving participants the same support and expertise over-the-road trucking companies have benefitted from since its...
- PORT REPORT: Port-rail connections needed to cope with freight volume growth
Australia is linking its interior to its coasts and its export markets by building a giant railway to the main seaports. But someone forgot to...
- For TuSimple, the money spigot continues to flow
The autonomous trucking company announces an additional $120 million in Series D investment.
|SEPTEMBER 17, 2019|
- Saudi crude outages pose quandary ahead of IMO 2020
- IMO 2020 Tracker: Final US refinery work push begins ahead of January 1 deadline
A heavy schedule of planned refinery maintenance is beginning in the United States as refiners look to ensure their plants are ready to make cleaner bunker fuel to meet the January 1 deadline set by the IMO, an analysis from S&P Global Platts showed.
- Saudi Arabia to restore 11 million b/d oil production capacity within two weeks: minister
- Saudi energy minister to update on oil attacks Tuesday
- Cargill to put up to 20 Medium Range tankers in Maersk pool
In January, Japan's Asahi Tanker Co. and Mitsui OSK Lines formed an MR pool to cater to the demand in the East of Suez region, sources said.
- Middle East tension pushes Asian gasoil EFS to 42-week low, opens arbitrage window
"The concern now is whether Saudi Arabia would be able to continue to export middle distillate to Europe this winter," a Singapore-based trader said.
- S Korea 380 CST bunker hits 4-year high on Saudi oil facility attacks
One of the refiners has been selling more bunker fuel in the spot market, a South Korean trader said.
- OPEC calls for calm as impact of Saudi oil attack unfolds
"There is no cause for alarm at the moment," OPEC Secretary General Mohammed Barkindo said.
- Iran seizes new tanker in Strait of Hormuz over alleged smuggling
In a similar case in July, Iran detained the 1,899 dwt vessel MT Riah and its crew of 12 on suspicion of smuggling.
- Saudi oil attacks seen having muted impact on global LNG market
The situation for Qatar, the major LNG player in the region, looks relatively unchanged, Mosis said.