|AUGUST 20, 2019|
- Gibraltar rejects US plea and releases renamed Iranian oil tanker
- Maersk says it expects choppy seas ahead for world economy
- MSC's 'green' box ship is rewarded for visiting Long Beach port
- Logistics segment boosts HHLA's H1 earnings (EBIT) to US$127.4m
- Swift fined US$15m for stealing 250 of CRST's drivers in lawsuit
- More spending required on Australian infrastructure: report
- Africa seeks multilateral deal with the US - but US likes bilaterals
- Ghana offers tax breaks to car manufacturers like Volkswagen and Nissan
- July's 51 freighter deals are led by Boeing 767 deliveries
- Air T's operating income falls to US$1.2m in quarter ending June 30
- time:matters adds 3 new Asia locations to its network
|AUGUST 19, 2019|
- Cogoport's e-shipping platform driving efficiencies for shippers in Chennai
- DB Schenker becomes Foundation Partner ofSmart City Project Aerotropolis in Australia
- Global chemical tanker shipping market to reach $ 2.50 trillion by 2025, says report
- HFW to launch Monaco office with hire of market-leading team
- MSC expands WestAfrica network withanother call in Nigeria
- MSC Güls'n, the world's largest containership, completes first voyage from Asia to Europe
- PSA in terminal, supply chainjoint venture in Thailand
- Rotterdam Polymer Hub to be operational by April 1, 2020
- Updates of the maritime traffic regulations for the Turkish Straits
- World's first digital type approval awarded to HHI
- RFP submission date for Asset Valuer extended
- Visakhapatnam Port handles more cargo in Q1; augmenting infrastructure
- AMTOI's AGM & knowledge session discusses key issues
- Export growth in the current fiscal to be in double digits, says Commerce Secretary
- Export growth though marginal shows resilience of Indian exporting community even during most challenging times: FIEO President
- New panels established at WTO to review Indian sugar support programmes
|AUGUST 20a, 2019|
- New Eurasian train launched
- Emirates Skycargo wins award in Kuala Lumpur
- DSV completes acquisition of Panalpina
- Four new services raise throughput in port of Hamburg
- Trying out regular TIR transports in Central Asia
- Liz Sumner joins Bifa
- Nexxiot and Unilode launch joint digitisation project
- Tigers South Africa opens e-commerce hub as demand soars
- New IT solution for Swiss carrier
- New service sets sail from Asia to the US Gulf region
- New appointments to the Baltic Index Council
- XXXLutz inaugurates logistics centre
- Air France KLM Martinair Cargo to return to Zambia
- First UK gas supplier to use Bio-LNG trucks
- New supply chain head for Coca-Cola in Germany
- "Curiosity of the Day"
- Rotor sail for hybrid vessel
|AUGUST 19, 2019|
- Hungry Miami Airport targets more pharma and e-commerce traffic
- On the wires: DSV Panalpina - here is the 'high-level integration' timeline
- Port of Hamburg tops North Europe hub growth rate table in H1
- RZD expands China-Europe rail freight services with new routes
- Ireland is 'running out of warehouse space'
- FedEx must bite the bullet over latest delivery misfire in China
- M&A radar: DSV Panalpina - 'big is beautiful'... and this deal isn't 'a rescue mission'
|AUGUST 19, 2019|
- Marinette and Vigor deliver two more RB-Ms to Jordan
Shipbuilders Fincantieri Marinette Marine and Vigor (Team RB-M) have of two additional Response Boat-Mediums (RB-Ms) to the U.S. Coast Guard. These boats are part of an approved foreign military sale to Jordan
- Ørsted U.S. Offshore Wind names Ed LeBlanc Manager of Marine Affairs
Ørsted U.S. Offshore Wind reports that it has hired former U.S. Coast Guard (USCG) officer Ed LeBlanc as Manager of Marine Affairs. LeBlanc has over 40 years of experience in the USCG,
- Detyens wins $21.3 million MSC contract
Detyens Shipyards Inc., North Charleston, S.C., has been awarded a $21,316,067 contract for a 75-calendar day shipyard availability for the regular overhaul and drydocking of USNS Sacagawea (T-AKE 2). The contract includes
- Jumbo and GoodFuels to take sustainable bio-fuel oil to the offshore support market
Schiedam, Netherlands, based heavy lift shipping and offshore transportation and installation contractor Jumbo, and the commercial, sustainable marine biofuel company GoodFuels, have announced a joint initiative to test marine bio-fuel oil on
- Diamond S starts fleet renewal efforts with sale of two vessels
Greenwich, Conn., headquartered Diamond S Shipping Inc. (NYSE: DSSI) reports that it has agreed to sell two of its 2008-built medium-range product carriers, the Atlantic Aquarius and Atlantic Leo, as part of
- Campbell Johnston Clark opens in Miami and appoints Neil Bayer as partner
London-headquartered shipping law firm Campbell Johnston Clark (CJC) is opening a Miami office after appointing Florida-based litigator Neil Bayer as a partner. Bayer will head a team focusing on marine claims, with
- Seabulk ATB makes first methanol delivery
Seabulk Tankers, Inc. a subsidiary of SEACOR Holdings Inc. (NYSE: CKH), today reported the successful delivery of its first methanol parcel chemical shipment aboard the articulated tug-barge (ATB) Sea-Power/Sea-Chem I. The Sea-Power/Sea-Chem
- New Orleans RTA ferries nearer to gaining COIs
Two new ferries delivered the New Orleans Regional Transit Authority last year (see earlier story) may now be on track to gain the Coast Guard Certificates of Inspection (COI) required before they
- Virginia Pilots order ninth Gladding-Hearn launch
The Virginia Pilot Association has ordered a Chesapeake Class launch from Gladding-Hearn Shipbuilding, Somerset, Mass. The vessel will be the association's ninth pilot boat built by the shipyard since 1983. Since the
|AUGUST 19, 2019|
- Iran warns US not to seize freed tanker headed towards Greece
Tehran warns any attempt by the US to seize the Adrian Darya 1 - formerly Grace 1 - again will...
- Cosmoship and MC-Schiffahrt express concern over Cameroon attacks
Another vessel attacked a few hours earlier has been identified as the Antigua- and Barbuda-flagged multipurpose vessel MarMalaita
- Economou clinches DryShips acquisition deal
George Economou is likely to pay about $76m to acquire all of the remaining DryShips shares
- OCIMF facing substantial damages in unfair dismissal case
'I have reached the firm conclusion that the process which led to the removal of Captain Rashid's accreditation was deeply...
- One too many variables in maritime sustainability reporting
Ship finance is not for the faint-hearted - this is one reality investors have to live with, even if they have...
- Daily Briefing
Iranian tanker leaves Gibraltar after US legal move is rejected | Seized UK tanker likely 'spoofed' by Iran | The...
- Seventeen seafarers kidnapped in Gulf of Guinea attacks on two vessels
The latest attacks come just a week after a liquefied petroleum gas tanker was fired upon by a gang in...
- Finalists announced for Lloyd's List Asia Pacific Awards
Winners will be announced at the Lloyd's List Asia Pacific Awards ceremony in Singapore's Shangri-La Hotel
- World's largest boxship completes first Asia-Europe leg
MSC says larger containerships help it meet its environmental commitments and lower carbon emission per teu
- Diamond S disposes of two 2008-built MR tankers
Update: D'Amico International Shipping of Italy also sheds product tanker from a joint venture
- Samsung Heavy wins $621m 10-vessel aframax order
The yard group has also signed a Memorandum of Understanding with MAN-ES to collaborate on remote engine diagnosis and control...
- Iranian tanker leaves Gibraltar after US legal move is rejected
LATEST: Oil tanker Grace 1, which has been renamed Adrian Darya 1, is moving east into the Mediterranean and is...
- Norden and Enviva collaborate to boost US exports of wood pellets
'Enviva is the world's largest producer of wood pellets and we are proud that they have trusted us to deliver...
- Long Beach picks HDR to design rail facility
The expansion and reconfiguration of the existing Pier B railyard will create a staging area for loading freight trains nearly...
|AUGUST 19, 2019|
- Risk of more Golden Week blanked sailings rises
- WiseTech gains foothold tracking US containers/chassis
- US-Canada truck preclearance moves closer to reality
- Adani closes in on India port buy
- Proposed HOS changes hold risks for shippers
- Maersk works to monetize TradeLens
- THE, OCEAN pacts set to dominate evolving trans-Pacific
|AUGUST 19, 2019|
- Golden Ocean buys back more shares
Golden Ocean Group now holds 770,000 of its own shares. The Oslo- and New York-traded bulker owner announced Monday that it had bought back 25,000 shares at $5.50 (NOK 49.31) from the Oslo Stock Exchange. Golden Ocean swells dividend despite loss on derivatives bet It was the first buyback since late June, when Golden Ocean repurchased 50,000 shares at $5.01. The company announced its share bu
- Siem Industries earmarks Subsea 7 share options
Siem Industries is poised to grow its stake in Subsea 7 by up to 19% by mid-2021, after putting an over-the-counter option structure in place. Subsea 7 banking up to $150m from Orsted deal If the group exercises all its options, its stake in the Oslo-listed OSV and subsea contracting group will increase to 28.5% or 85.4 million shares in total. The put-and-call option structure consists of 10 s
- K Line points finger at BW for Houston Ship Channel spill
Thousands of barrels of reformate spilled in the 10 May crash, sinking a Kirby barge
- DryShips stays up 35% on plan to go private through merger
Revised merger agreement which values company at $456m has been unanimously approved by the special committee of DryShips' directors.
- VLCC rates surge with Middle East fixing activity unfazed by Shaybah attacks
Tanker markets are supported by the end of refinery maintenance season and IMO 2020 factors
- Lauritzen Bulkers trims owned fleet further
Denmark's Lauritzen Bulkers has taken another step to trim its fleet of owned vessels. US and European shipbrokers said the bulker operator disposed of the 31,000-dwt Hedvig Bulker (built 2011). The reports suggested that Taylor Maritime has paid $10.3m for the Hakodote Shipyard-built vessel. Lauritzen Bulkers director Jens Sondergaard director said: "We don't comment on rumours." Hong Kong-h
- Fifth generation take top spots to shape Tschudi's fortunes
Children of Felix Tschudi take key roles at tradition-rich Norwegian shipowner
- Chinese lessors own very largest boxships but sizes still unclear
Two leasing houses have emerged as owners of MSC's initial record-breaking boxships
- Maritime & Merchant Bank says investors should expect the unexpected in shipping
Investors are showing a 'distinct' interest in shipping, the Oslo-based bank said
- Scotland nationalizes Ferguson yard to finish LNG ferries
Scottish government rescues last private yard on the Clyde to complete costly LNG ferry contract
- Shell confirms tie-up with Sinokor on LNG-fuelled aframax tanker haul
Energy major also signs up to JP Morgan newbuilding quartet as part of its 'drive to decarbonise shipping'
- Braemar revives Wavespec name to rebrand engineering arm
Welcome back Wavespec. Braemar Shipping Services announced on Monday it was rebranding its engineering division as Braemar Wavespec, reviving the name after seven years. "With the recent disposal of our other businesses within Braemar technical division to Aqualis to form AqualisBraemar, the remaining part of our technical division, engineering and naval architecture continues as an integral part
- Seventeen crew kidnapped from Greek and German ships off Cameroon
Hamburg-based owner said it has assembled an emergency response team
- Diamond S Shipping offloads two MRs as part of fleet renewal
Craig Stevenson-led shipowner said disposals will generate liquidity of about $12m in total
- Blaze hits Avenir LNG newbuilding in China
No casualties reported as blaze destroys LNG tank insulation
- d'Amico continues focus on youth as 10-year-old MR sold
Italian shipowner confirms disposal of product tanker jointly-owned with trader Glencore.
- Renamed Grace 1 sails from Gibraltar after last ditch US arrest effort
The VLCC is now sailing to Kalamata, Greece for arrival on 25 August
- Excess tonnage supply keeps aframax rates depressed
Falling bunker prices and resumption of output at Libya's largest oilfield do little to offset weakness
- Jakarta's protectionism raises alarm for free and fair shipping
Indonesia has belatedly opted out of IMO 2020 and is ramping up other policies designed to give preferential treatment to its domestic shipping industry
|AUGUST 19, 2019|
- PORT REPORT: Liquefied natural gas import terminal gets official green light at world's biggest coal port
The world's biggest coal port moves forward with US$500 million plans to import LNG into Australia... which is the world's biggest LNG export nation.
- Sime Darby paid US$136 million for automotive and construction dealer Gough
Sime Darby Berhad (BM: 4197) has directly told FreightWaves it paid about NZ$211 million (US$136 million) to acquire automotive and construction machinery dealer Gough Group...
- EagleRail Container Logistics: An idea ready to take flight?
A Chicago start-up has proposed using crane rails to move containers in and out of terminals to ease congestion in the era of mega-ships.
- The rise of industrial property's little guys
Low vacancy rates in smaller industrial markets signal a broadening of expansion in logistics property cycle
- Will other listed ship owners privatize after DryShips' exit?
DryShips and Teekay Offshore are going private. With share valuations weak, others could follow suit.
- U.S. regulators gear up for offshore wind project oversight
New guidelines highlight vessel safety issues for project developers.
- U.S. shipments from Chile dropping amid extreme drought
"We have signed the decree that officially declares this agricultural emergency due to water scarcity."
- Trucking software supplier adds mountain corridor safety notifications
Trucking software supplier Drivewyze is adding the dangerous mountain passes of Colorado to its safety alerts for subscribers of its PreClear weigh station bypass program.
- U.S.-China trade war poses greatest threat to commercial vehicle forecasts
The on-again, off-again trade war between the U.S. and China is a great threat to commercial vehicle forecasts, already buffeted by too many trucks and...
- Maersk beefing up IT staff
Maersk says technology is core to its vision and wants more of its 6,000-strong IT workforce to be direct employees and not contractors.
- Startups in the transport space overlook a fertile investment landscape
The transport industry is witnessing the rise of numerous technology startups, with investment pouring in from excited investors who envision a smart and connected future...
- More Huawei affiliates added to Entity List
The U.S. Commerce Department has added 46 additional overseas affiliates of Chinese telecommunications technology manufacturer Huawei Technologies Co. Ltd. to the restrictive Entity List.
- Florida flooding possible, scorching heat in Plains (forecast video)
Flooding could be an issue along Gulf Coast, while other areas bake in dangerous heat.
- Who's King of Commercial Maritime?
The UN Conference of Trade and Development released a study that reveals who's at the top of the commercial maritime world-ranked based on connectivity to...
- LiDAR company Velodyne sues Chinese firms for patent infringement
Velodyne has filed patent infringement claims that its rotating 3D LiDAR technology was copied by Chinese companies Hesai and RoboSense.
- Today's Pickup: Data provider brokers peace between cities and e-scooter and e-bike operators
Plus: tariffs hit wind energy supply chain; Uber partners with medical transportation provider
- EPAM Systems joins Blockchain in Transport Alliance
EPAM Systems is the latest member of the Blockchain in Transport Alliance. Learn more about the company and the Alliance in this article.
- Uber Freight goes after larger fleets with dispatcher portal
Uber Freight needs access to more capacity to keep up with 153 percent growth in gross bookings.
- Shippers face uncertain supply chain impacts as IMO 2020 approaches
The new IMO regulation reducing ships' sulfur oxide emissions aims to improve the health of the environment and human population, especially near coasts and ports....
- California approves program to electrify 3,000 San Diego trucks and buses
Combined with previously authorized programs, the investment is the largest by electric utilities in the U.S. to help replace heavy-duty vehicles with zero-emission technology.
- Port Report: Sourcing shifts for U.S. imports boosting Southeast ports
Move to non-tariff sources means switching ports, intermodal executives say.d
|AUGUST 19, 2019|
- ARA 0.1% gasoil barges hit 4-month high despite low heating demand
Barges of 0.1% gasoil trading in the Amsterdam-Rotterdam-Antwerp, or ARA, hub strengthened to a four-month high of minus $7/mt versus ICE low sulfur gasoil futures Friday.
- Oil moves higher as supply outlooks tighten
Oil future settled higher Monday as markets eyed a likely US crude oil draw and lower Saudi Arabian exports as signs of a tightening supply picture.
- External: Global Risk Management
- Iranian tanker released by Gibraltar sailing towards Greece: cFlow
The Gibraltar government released the Iranian supertanker Grace 1 last Thursday August 15.
- Nigeria's NNPC confirms list of suppliers in new crude-for-products swaps deal
In a statement, NNPC said the new direct sale and direct purchase program will be from October 1 to September 30, 2020.
- Asian gasoline lends support to light ends while naphtha, LPG sag on oversupply
Asian LPG was still soft as abundant stockpiles and production in the US, which was flowing to Asia, pressured the market.
- Asian regrade widens as China demand drives up gasoil, jet exits peak season
"Light cycle oil is currently a very big business now too, and some buyers blend some of it into gasoil and sell them into the domestic market," a trader said.
- S Korea's SK Energy increases gasoline, gasoil output in H1 ahead of IMO 2020 rule
"Gasoil demand is expected to grow as the IMO regulations will be implemented from January next year," the company said.
- Gibraltar rejects US request to seize Iranian tanker as it heads to Mediterranean
"Grace 1 was renamed Adrian Daria whose next destination after detention is the Mediterranean Sea," Eslami said.