|DECEMBER 20, 2019|
- Hong Kong exports expected to slide 2pc in 2020: HKTDC forecast
- CMA CGM, Shell team up to power box ships with marine biofuel
- Maersk names Vincent Clerc as new CEO of ocean, logistics division
- OOCL wins accolade in 2019 Lloyd's List Europe Awards
- S Carolina ports is recognised for productivity of Wando Welch Terminal
- Johor port's throughput swells to one million TEU
- BIFA appoints David Stroud as adviser for airfreight security, sustainable logistics
- IATA forecast 2020 air cargo growth of 2pc on profit of US$29 billion
- Stiffer penalties to tackle mis-labelling of lithium ion batteries
- Celebi appoints Christopher Licht as COO at Frankfurt branch
|DECEMBER 19, 2019|
- H. K. Joshi assumes charge as C&MD, SCI First woman to be at the helm of affairs
- Indian Register of Shipping among top 10 classification societies
- SAL adds three heavy lift vessels to fleet
- Vessels advised to be vigilant while transiting Gulf of Guinea region
- Anti-dumping duty on cheap plastic imports sought
- Palm oil imports drop in Nov.
- Restrictions imposed on import of gold
- Navigation service charge hike at Australia's Port of Newcastle postponed
- Port of Antwerp targeting break-bulk
- Railways aims at 45 pc of total freight movement in country
- Road users' difficulties after FASTag implementation will be sorted out soon, says Minister
- GST Council's decisions regarding law- & procedure-related changes
- Piyush Goyal asks industry to reduce dependence on imported goods
- Tripura gets its first SEZ
|DECEMBER 19, 2019|
- Hutchison to acquire APMT's Maasvlakte box terminal, and promises no redundancies
- IATA's 'ONE Record' rushing through development, but is it worth it?
- Mixed fortunes for box ship owners as the year ends and a greener era looms
- Titan Aviation and Bain Capital aircraft leasing joint-venture ready for take-off
- Cosco preparing for a $1.8bn boxship spending spree?
|DECEMBER 19, 2019|
- Davie to become Canada's third National Shipbuilding Strategy strategic partner
The Government of Canada today announced that Quebec shipbuilder Davie has pre-qualified to become the third strategic partner under the country's National Shipbuilding Strategy. The NSS's third yard will build six program
- VIDEO: Hull coating inspired by tuna skin wins global warming prevention award
Nippon Paint Marine Coatings reports that its low-friction hull coating system LF-Sea has won a 2020 Japanese Government Award for Global Warming Prevention Activity. LF-Sea incorporates a specially formulated hydrogel that mimics
- LR certification validates Wärtsilä cyber security measures
Lloyd's Register (LR) has awarded Wärtsilä system-level cyber certification for network architecture relating to Wärtsilä's integrated main and auxiliary machinery. The LR ShipRight SAFE AL2 certification, which has been awarded to Wärtsilä's
- VIDEO: Metal Shark set for full-rate production of Navy's next-gen patrol boats
Jeanerette, La., headquartered shipbuilder Metal Shark and the U.S. Navy are nearing the end of the operational test and evaluation (OT&E) trial period for the Navy's incoming standardized 40 PB patrol boat
- Marine Highways and COB will be in focus at TTB
Speakers at Marine Log's upcoming TTB (Tugs, Towboats, Barges) event will include Tim Pickering of MARAD's Office of Ports & Waterways and Rich Teubner, Vice President of SEACOR AMH, who will look
- NTSB reports on costly barge contact with grain terminal
The National Transportation Safety Board has issued its report on an October 2018 incident in which a barge pushed by an ARTCO towboat slammed into a grain terminal causing extensive damage, According
|DECEMBER 19, 2019|
- Pressure on dry bulk rates in 2020?
Despite the larger ship sizes facing pressures, Danish Ship Finance lead analyst Christopher Rex believes the smaller ship sizes will...
- Cargill and Trafigura offer mixed reaction to $5bn clean fuel research fund
Leading charterers have acknowledged the shipping industry is making an effort, but there are doubts about the impact of the...
- IMO transition charges boost ocean freight spot rates
Too early to tell if price rises based on fuel surcharges will stick, says Drewry
- The Erika heavy fuel oil spill - 20 years on
The Clean Arctic Alliance's Lead Adviser argues that on the 20th anniversary of the Erika tanker oil spill, governments need...
- Cosco denies order rumours
Chinese liner giant denies claims it is to return to the yards for boxship order
- Greek owners back R&D fund with call for 'paradigm shift'
Union of Greek Shipowners president Theodore Veniamis says that true decarbonisation impossible without fuel innovation and calls for technology challenge...
- Lights dim on alternative sourcing
Do carriers know it's Christmas time at all?
- Rightship extends ratings profile to reward good business practice
Martin Crawford-Brunt has started to reposition Rightship away from its focus on GHG rating on bulk carriers to a more...
- Viewpoint: Is trade bad for shipping?
The shrieking voices of impatient climate activism need to pipe down and become better educated on maritime matters. The industry...
- Daily Briefing
Free to read: LNG seaborne trade soars as crude tonne miles set to plunge 30% by 2050 | South Korea...
- Hyundai Heavy bags more than $1bn in LNG carrier orders
The latest shipbuilding contracts have pushed HHI's total new orders this year to $11.3bn, hitting 71% of its annual target
- Maersk offices in Brazil searched over Petrobras bribe inquiry
Maersk confirmed in a note that its offices in Rio de Janeiro and São Paulo have been searched by the...
|DECEMBER 19, 2019|
- Forwarders embracing digital quotes: Freightos survey
- Special report: The shipper's view of breakbulk chartering
- Truck data gives carriers glimmer of hope
- Smaller truck fleets ramp up hiring: ATA
- Asia-US carriers to blank record post-CNY sailings
- Union protections at forefront of Hutchison deal to buy Rotterdam terminal
- CEO Birkeland wraps up tenure at G2 Ocean
|DECEMBER 19, 2019|
- Growing confidence as shipping's prospects brighten up
Shipowners and managers are particularly bullish on the industry outlook
- Alphatanker sees $400 fuel price spread in IMO 2020 switch
Slow pace of scrubber fitting and low production of 0.5%-sulphur fuel will lead to wider fuel price spread in January
- Shell ups LNG ship charter tally to eight with JP Morgan duo
Energy major confirms deals with Knutsen OAS Shipping and Korea Line on earlier reported sextet
- Navigator Europa to lift first cargo from new US ethylene terminal
Navigator's 50:50 JV terminal with Enterprise Products Partners is being commissioned on schedule
- Evercore drops Capital Product, Diana Shipping and Safe Bulkers
Eight banks in total have either cut or reduced their coverage of shipping stocks during 2019.
- Euronav's IMO 2020 fuel storage bet pays off with $52m profit
Value of compliant fuel on Belgian owner's ULCC growing while off Malaysia
- Shipping Corp of India appoints first ever female boss
Harjeet Kaur Joshi steps up from finance director role to replace Anoop Sharma on a permanent basis
- Former Golden Ocean CEO Ringstad Vartdal breezes in at renewables group
Former John Fredriksen bulker lieutenant becomes EVP of Statkraft in Oslo
- Letter: Industry bunker proposal a sincere, well thought out measure on carbon
The proposal from all of the major international shipowner associations for a mandatory research-and-development contribution that will generate around $5bn of funding, might appear at first glance to be 'bureaucratic' or 'too little, too late' - as suggested by Tradewinds (in a 18 December comment entitled Bunker fund must not act as a smokescreen from a carbon tax). Bunker fund must not act as
- Anger in Scotland as ropax price doubles to $260m
Government accused of mismanagement of contract at Ferguson Marine Engineering
- Pirate mothership spotted off Nigeria near d'Amico tanker
Suspicious activity reported 194 km south-west of Agbami oil terminal in piracy hot spot
- Flex LNG locks in fresh year-plus charter deal for trading vessel
Spanish company will take on ship in direct continuation as existing deal with parent concludes
- Niels Stolberg loses appeal against jail term
End of road for former Beluga boss as Germany's highest criminal court upholds three-and-a-half-year prison sentence
- V.Group takes full control of Dania Ship Management from MOL
Directors leaving as Japanese owner sells 60% stake to UK group
- Glencore adds to LNG volumes by buying Orsted's loss-making arm
Deal includes regas capacity in Rotterdam and five supply contracts for charterer of LNG tonnage
- Hyundai Heavy nets order for six Shell-chartered LNG carriers in year-end order sprint
Two surprise owner names linked to newbuildings backed by time charters with another pair of orders expected
- Green group claims bunker levy would raise 'peanuts' compared with ETS scheme
The European Union claims funds raised by industry's global fuel levy will fall short of its own proposal
- Capital Liberty makes $700,000 profit from sale of box feedership
Greek-German joint venture sells first ship for healthy return
- AlixPartners says action needed as rising OSV tide will see some owners sink
Analysts at AlixPartners call for action on debt and vessel oversupply if the sector is to make money again
- Russia to build dry bulk port in Tartus, Syria
New port will serve as gateway for Russian grain heading to the Middle East
- Cross Ocean Partners behind Greek shipping loan swoop
London-based fund picks up $292m of National Bank of Greece's non-performing maritime loan portfolio
- Foroohari grows fleet with second sub-panamax boxship
German owner splashes less than $8m to buy the Johannes-S
- Global Energy Ventures to extend deadline for $1.2bn CNG order
Australian group needs to secure Brazilian business before committing to CNG newbuildings in China
- Tanker master jailed over 'unprecedented' Shell fuel theft
Vietnamese captain is second to be charged in sweeping case over scam in Singapore
- Chinese reefer burns in the Northern Pacific
Sea Mark crew safe after abandoning ship when blaze broke out off Iwo Jima
- Tristar plunges into LNG with BP deal
Dubai-based shipowner buys first LNG carrier in sale and charter-back deal
|DECEMBER 19, 2019|
- California to approve autonomous delivery vehicles - with or without a safety driver
The rules are expected to trigger a rush on new commercial delivery pilot projects.
- APM Terminals selling Rotterdam terminal to Hutchison Ports
APM Terminals is selling one of its two large terminals in Rotterdam, but will retain ownership of Maasvlakte II.
- US House passes new North American trade pact
The Senate is not expected to vote on the U.S.-Mexico-Canada Agreement until early 2020.
- Canada's Groupe Morneau grows reefer division with Beacon acquisition
Quebec-based Morneau Eskimo nearly doubles fleet with purchase of long-standing Toronto partner Beacon Transit Lines, strengthening coverage of food industry customers.
- Knight-Swift cuts earnings outlook again
The biggest truckload carrier in the U.S. Knight-Swift cuts its fourth quarter 2019 earnings outlook again. The company plans to "revise" its first quarter 2020...
- TIACA opens its doors to more air cargo players
The International Air Cargo Association is trying to unify the air cargo industry on common issues and practices through a new membership approach.
- Canadian National back to normal following strike
Canadian National reports operations have returned to "normalized" levels after an eight-day work stoppage.
- Kingsgate Logistics capitalizes on Cincinnati's 'Silicon Valley' freight scene
The 33-year-old company continues its charge at the technological forefront.
- Trump to sign off on 2020 transportation spending bill
Action averts government shutdown, funds key infrastructure programs.
- Freight Futures daily curve: 12/19
Trucking Freight Futures were higher Wednesday on a broad market rally.
- Trucks carried 72% of all US-Mexico freight in October
Trucks continue to carry the majority of cross-border imports and exports during the month of October, according to the U.S. Department of Transportation's Bureau of...
- Vigorous storm slamming Pacific Northwest less than a week before Christmas (with forecast video)
Up to three feet of mountain snowfall in Cascades next two to three days. Ice, flooding rains below.
- Lufthansa Cargo offers dynamic spot pricing
Upgrade expands carrier's fast-pricing ability beyond contract rates
- Constructive disruption: Brokers focus on carrier experience in digital age
The face of the freight brokerage industry has evolved over the past several years, and veteran brokerages have been forced to rethink their technology strategies...
- Forwarders make huge leap in online freight procurement sales
But an undercover survey finds that traditional forwarders face increased pressure from container lines and digital forwarders.
- US rail volumes maintain downward trend
The continued dip in rail volumes comes as North American freight rail groups press for trade pact.
- Today's Pickup: Stricter USMCA regulations might increase auto prices in the U.S.
USMCA will cost automakers $3 billion in added tariffs; Chinese EV sales plunge; U.S. holiday season will see over $1 trillion in sales.
- Ring the carrier bells: Four straight weeks of pricing power gains (with video)
Tender rejections above 10 for the first time in 2019, volumes are holding and holiday rates are cheery.
- US drops sanctions against Latvian port authority
Aivars Lembergs resigned as chairman of Vetspils Freeport Authority on Dec. 10, the day after the U.S. sanctioned the port authority for its connection to...
- Fleet management tips for the holidays: 5 best practices
Kayla Matthews writes about best practices to manage fleets during the holidays.
- Carriers running old telematics devices risk fines on the highway
Any carrier still running AOBRDs is running the risk of hefty fines and being placed out of service during highway inspections.
- Understanding cyberattacks and fireproofing operations can save logistics stakeholders from needless ruin
The transport and logistics sector witnesses thousands of cyberattacks every year, and it is essential for stakeholders to be wary of opportunistic threats and impersonation...
- Commentary: Is intermodal over as a growth story?
Market Expert Michael Baudendistel writes about rail intermodal volume is lower for the long-term, or can it be more competitive with trucking.
- Falling global trade-to-GDP ratio worries shipping industry
A falling trade-to-GDP ratio is a worrying trend for the shipping industry.
|DECEMBER 19, 2019|
- Storm limits bunkering at Russian port of Novorossiisk: sources
A storm has curtailed bunkering operations at the Russian Black Sea port of Novorossiisk, sources said Thursday.
- Americas tanker rates rising as IMO 2020 deadline nears
Americas clean and dirty freight rates have risen so far in December and are expected to climb into the first quarter of 2020, reflecting the costs of new low-sulfur bunker fuel regulations due to take effect January 1
- Sinopec's Shanghai Petrochemical doubles VLSFO output in Dec amid record high margins
Sinopec's Shanghai Petrochemical has doubled output of very low sulfur bunker fuel oil output to 20,000 mt in December from the month before as production margins for clean marine fuel hit record highs against gasoil and gasoline, a company source with close knowledge of the matter said Thursday.
- FUTURES 4: Crude resumes rise on US-China trade deal optimism
The oil complex edged higher in Thursday morning trading as the market evaluated supply and demand outlooks amid positive developments on the US-China trade dispute and a US crude inventory draw.
- External: Global Risk Management