|DECEMBER 23, 2019|
- Asia-Europe rates up 5.7pc to US$944/TEU, USWC slip 2pc at $1,342/FEU
- ONE launches new South Korea to North Vietnam service
- Matson and Swire Shipping team up on South Pacific service
- Capital Product Partners to spend US$163m to acquire three box ships
- Suspension of extra US tariffs on Chinese imports too little, too late
- Port Klang aims for box volume of 13.5m TEU in 2019
- Bahrain's Khalifa Bin Salman Port (KBSP) celebrates first decade of operations
- DHL Express joins MGE to build new logistics facility in Abu Dhabi
- CMA CGM box ships and crews feature in new James Bond movie
- Silk Way West uses fire containment covers to ship lithium ion batteries
- Lufthansa Cargo expands online portal with the launch of dynamic pricing
- FedEx tries out shipping pharma goods for Tokyo life science centre
|DECEMBER 22, 2019|
- India's ex-im container trade flat in Q3, says report
- Kakinada CBA organises knowledge session during FFFAI EC meeting
- MOL using AI in joint study on collision avoidance
- Shipping confidence at 18-month high
- Varanasi vegetables explore market in Dubai
- Drop in soyabean output seen hitting soyameal exports
- More onions being imported from Turkey
- APM Terminals Rotterdam being sold to Hutchison Ports
- New Indian ports to be included as part of the designated route under the Chabahar Agreement
- DHL SmarTrucking completes a year & a half as it drives into 2020
- China releases list of US products no longer subject to tariffs after mini trade deal
- East Coast Maritime Forum & Eastern Star Awards 2020 to see top participation
|DECEMBER 23, 2019|
- Pushing e-commerce in Jeddah
|DECEMBER 20, 2019|
- Felixstowe engineers vote for Christmas strike action over staff transfer plan
- Air cargo market monitor part 4: the upward trend continues
- Full ships and threat of rollovers keep ocean rates 'healthy'
- Struggling to pay your drivers? LoadDelivered has options
- Atlas Air 767 crash: was go-around mode activation the mystery 'click'?
|DECEMBER 20, 2019|
- Meyer Turku delays delivery of Carnival's Mardi Gras
Delivery of the first LNG-fueled cruise ship to serve the North American market, Carnival Cruise Line's Mardi Gras, will be delayed. Shipbuilder Meyer Turku said today that it "is adjusting its production
- Robert Allan to design new Navy YT 815 Class tug
Vancouver, B.C., based naval architecture firm Robert Allan Ltd. has been awarded a contract by Modutech Marine Inc., Tacoma, Wash.to design a new version of the commercially successful RAscal 1800-Z tugs for
- Chouest awarded $7.5 million mod to MSC contract
Edison Chouest Offshore, Cut Off, La., has been awarded a $7,576,200 modification to a previously awarded Navy contract that exercises the second 12 month option for the maritime support vessel MV Carolyn
- Shane Guidry takes 100% ownership of Q-LNG
Shane Guidry, CEO of Harvey Gulf International Marine, said today that he has purchased Harvey Gulf's 30 percent ownership stake in Quality Liquefied Natural Gas Transport (Q-LNG). Guidry previously owned 70 percent
|DECEMBER 20, 2019|
- Lloyd's List Executive Meeting to bring together leaders and analysts
The Executive Meeting will be held on January 16, 2020 and attendance is limited. Delegate pricing of €525 will be...
- BIMCO addresses $5bn fund 'misunderstandings'
The association emphasises that the $2 fuel oil mandatory payment is not meant to be a market-based measure to slash...
- IMO chief pledges to reverse casualty reporting deficit
Governments have submitted reports on less than half of the very serious casualties over the past five years. Kitack Lim...
- From the News Desk: Cosco's Christmas present, funding decarbonisation and a podcast alphabet soup
Christmas has come early for Cosco as the latest US government decision on sanctions should provide a boost to China's...
- Forwarders making 'dramatic' progress with digital sales
Booking gets easier for shippers as forwarders increase speed of digitalisation
- The Lloyd's List Podcast: That was the year that was
Lloyd's List is starting to feel a little festive, so in this final edition of the podcast for 2019 Editor...
- Shipping heads hesitantly into a year of uncertainty
Will a period of uncertainty and volatility in 2019 force the industry get back to basics and manage risk more...
- Golden Ocean ex-chief Vartdal will join renewable energy company
Ms Vartdal will become executive vice-president of the European wind and solar division, responsible for project delivery and new investment...
- Collaboration key to meeting shipping's coming challenges
More than half of the respondents in a survey that prefaced the Outlook Forum said fuel technology will be a...
- APMT to sell Rotterdam terminal
Hutchison lined up to take over Rotterdam terminal with guaranteed volumes for five years
- Tanker master jailed over Singapore gasoil theft
The case saw about 340,000 tonnes of gasoil worth more than $150m being stolen over several years in incidents dating...
- Daily Briefing
Free to read: Greek owners back R&D fund with call for 'paradigm shift' | Cargill and Trafigura offer mixed reaction...
- A dry end to the year for the bulkers market
Charterers were reported to be talking down rates on a lack of real business, according to one broker
- ONE launches new service into Vietnam
The new service is in addition to its current Japan-Vietnam-Haiphong service and enhances its intra-Asia Haiphong service network
- Shell confirms charter deals for eight LNG carrier newbuildings
Shell did not disclose the time charter deal details, but Korea Line revealed it was receiving $307m for a seven-year...
- US renews waiver on Cosco tanker unit hit by sanctions
Chinese analyst says the new waiver has raised questions about whether the three Chinese oil majors - PetroChina, Sinopec and...
- Shipping confidence hits 18-month high
BDO survey reveals that 37% of respondents thought that finance costs will increase in the coming year
|DECEMBER 20, 2019|
- FMC grants partial service contract filing relief to container lines
- SAL invests in ships, green technology
- LA-LB balance new truck fee with cargo diversion threat
- Risk of volume losses to automated rivals behind Rotterdam job guarantee
- No end to fast-rising Asia-Europe spot rates
- New Orleans terminal expansion advances
- ARO: A manifest for international trade in 2020
|DECEMBER 20, 2019|
- Fukujin sells oldest tanker to Spring Marine as it renews fleet
Japanese owner swaps mid-aged MR product carriers for newbuildings
- Ariane eyes sail-ship newbuilding contract in March
French group sends tender to yards for ground-breaking ro-ro
- Nordic American Tankers rejoices in rate 'bonanza'
The tanker market is showing no signs of slowing down as the New Year approaches, Nordic American Tankers' chief executive Herbjorn Hansson said in a note Friday. He said the tanker "bonanza" is continuing, with his company fixing several ships on voyages that extend into 2020, earning the company anywhere from $35,000 per day to $80,000 per day. US stocks rock in 2019 for first overall gain in
- International Group renews $3bn reinsurance scheme
Reinsurance rates for pool claims remain unchanged despite hardening market
- Restructuring Bourbon offloads laid-up anchor-handler
French owner finds Indian buyer for vessel stacked in UAE for several years
- US extends sanctions waiver for Cosco Dalian dealings
Relief for the largest Chinese tanker firm comes as Beijing and Washington make progress in trade talks
- Davidson Kempner buys John Frangos' bulker fleet in distressed deal
Irika Shipping sells four bulkers to US hedge fund at 'below-market prices'
- Essberger and Marubeni poised to clash in trial over tanker demurrage
UK court turns down bid by Marubeni for summary judgment in row over filing of documents
- Raising Greek wreck is greatest prize for outgoing ports' chief
Dimosthenis Bakopoulos tells of his bid to raise the Sea Diamond as his two-year tenure comes to an end
- Trailblazing LNG bunkering unit under construction in Italy
A project to introduce LNG as a ship fuel in the Mediterranean inched closer to fruition with the ordering of a bunkering barge. The region's first Semi-Ballastable Barge Transporter (SBBT) has begun being constructed at the Rosetti Marino shipyard in Ravenna, Italy. Join the conversation Attica orders study into use of LNG fuel for ferries Class societies push out string of projects This is
- Cargoship banned for year after deck cracking found
Paris MOU also bars Turkish bulker over inadequate wages
- Mitsubishi Heavy plans to turn Nagasaki yard into cruiseship centre
Move follows planned sale of its main Koyagi Shipyard
- Eco links mean Ringstad Vartdal not saying goodbye to shipping just yet
Former Golden Ocean CEO sees collaboration opportunities in new role at renewables company Statkraft
- Zeamarine rebuffs speculation of financial troubles
Kurt Zech-controlled ship operator says shareholders 'committed and contracts performing'
- Master dies after fall onto ship's deck in Greece
Captain of Turkish ship found dead on Lady Nuray at Thessaloniki
- Novatek eyes $3bn deal for 10 LNG carriers outside Russia
Gas producer fears new Zvezda shipyard cannot build Arctic LNG 2 ships quickly enough
- Marinvest sells oldest tanker, but won't offload slightly younger 'beautiful lady'
Sweden's Marinvest is in the process of selling its last vessel built before 2000. The Gothenburg-based tanker company is selling the 30,000-dwt Mariline (built 1996), sources said. MSC gets go-ahead for Messina partnership Waterfront says methanol is proven, future-proof fuel The price is unknown. Valuation platform VesselsValue says the ship is worth $4.2m, while Maritime Strategies Internat
- Scrubber lobby: Shipping must learn these lessons from IMO 2020 cliff edge
Scrubber advocates call for caution over future rule changes and drill down on the delays dogging retrofits
- Nanjing Tanker gives Wuchang year-end order bonus
China Merchants affiliated company places orders for two handysize tankers
- US stocks rock in 2019 for first overall gain in five years
Tanker equities take the lead with oversized returns, but every sector save one racks up black numbers
- Pavilion Energy and Total consummate LNGBV partnership
Agreement will see parties share an LNG bunker vessel in Singapore
- Philippine ropax caught in sex trafficking scandal
Philippine Coast Guard nabs alleged human trafficker smuggling women to Malaysia
- Top Ships scoops up two newbuildings from CEO's private interests
Top Ships has bought two MR tanker newbuildings from chief executive Evangelos Pistiolis. The New York-listed shipowner announced Thursday that it spent $14.35m to buy two Pistiolis-affiliated companies that control scrubber-fitted 50,000-dwt MRs under construction at Hyundai Mipo Dockyard in South Korea. Cheniere locks in 12 newbuilds on long-term charters New TradeWinds tool offers fresh mark
|DECEMBER 20, 2019|
- Massive mergers, verdicts, Amazon problems, earnings and cheese smugglers - WTT?!? [with video]
First, we hit you with some of the latest headlines. Heniff Transportation and Superior Bulk Logistics are set to merge. Ohio-based GDS Express abruptly ceases...
- Hydrogen markets need transparency; a price reporting agency looks to give it some
The price of hydrogen has a long way to fall to be competitive with diesel. Knowing where the price stands is a first step.
- This Week in SONAR: 38 new macro-economic indicators and much more!
The latest features in SONAR 5.0 make it the most future-focused version to date.
- New freight truck transportation restrictions to take effect in Mexico on January 1
The Mexican city of Guadalajara was the first to pass a measure in November prohibiting cargo transportation from entering the metropolitan area from Monday through...
- Navistar rebuilds share as products and service grow customer base
Navistar International Corp. (NYSE: NAV) is regaining chunks of market share in medium- and heavy-duty trucks, winning back customers who walked away several years ago...
- Down Under Trucking: productivity under the microscope
This week: productivity; freeway truck fire; telematics; truck roll-over deaths; ecstasy drug-bust; cyclist death; trucking contract win.
|DECEMBER 20, 2019|
- Gibraltar bunkering operations suspended on bad weather: port authority
Bunkering operations at the port of Gibraltar have been suspended due to adverse weather, a spokesman for the port authority said Friday afternoon.
- IMO 2020-compliant fuels at Gibraltar surge on congestion, high demand
Marine gasoil and at Gibraltar reached its highest point in over a year Thursday, while 0.5% sulfur fuel oil at the port hit its highest point to date, amid high demand and logistical constraints.
- MARINE FUEL ROUNDUP: ExxonMobil starts VLSFO deliveries at three ports
Exxonmobil said it has started sales of 0.5% sulfur fuel oil to the bunker markets at Fos/Marseille, France, at Genoa, Italy, and at Laem Chabang, Thailand.
- FEATURE: Uncertainty around new rules blurs gasoline outlook
A cloud of uncertainty hangs over the gasoline and blendstock markets for 2020, with their future fogged by a lack of clarity on the implications of Tier 3 and IMO regulations.
- Singapore's Pavilion Energy signs LNG bunkering deal with Total's marine fuels unit
Singapore's Pavilion Energy on Friday said it signed a 10-year agreement with Total Marine Fuels Global Solutions, a subsidiary of French oil major Total SA, to develop LNG bunker supply facilities in the port of Singapore.
- ARA fuel oil stocks drop 15% to 865,000 mt: Insights Global
Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp hub, as measured by Insights Global, dropped 15% to 865,000 mt in the week to Wednesday.
- Singapore's residue stocks fall 8% on week amid strong bunker demand, higher exports
Singapore's commercial onshore residue stocks fell 7.7% week on week to 19.72 million barrels over December 12-18 amid strong bunker demand and an uptick in exports, Enterprise Singapore data released late Thursday showed.
- FUTURES 4: Oil slips amid weak Canadian economic data, profit taking
Crude oil futures swung into the red in early US trading Friday as weak Canadian economic numbers triggered pre-holiday profit taking.
- 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.
- 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
- 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.