|AUGUST 27, 2019|
- OOIL back in the black with a H1 profit of US$139m despite economic uncertainties
- World's largest box ship, MSC Gulsun, completes maiden voyage
- HMM to add 519,000 TEU of box ship capacity to THE Alliance's network
- US trucking group says tariffs on Chinese containers would have cost millions
- European Commission approves US$30.2m investment in Romania's river ports
- Malaysian ports to benefit from US-China trade war
- American Airlines fined US$22.1m for false mail delivery reports
- Work begins on Halifax Stanfield Airport's new logistics centre
- DHL signs multi-year airfreight deal with Komatsu
|AUGUST 26, 2019|
- Panama Canal's 'A' rating affirmed with stable outlook
- APM Terminals Poti begins implementing uninterrupted 24/7 operations
- Consolidation speeds up container barge transport at Antwerp port
- DSV automates pan-India Customs operations with Logi-Sys
- Enhanced services covering S-E Asia & Australia
- Höegh Autoliners recognised by AmericanHonda as 'Vessel Carrier of the Year'
- OOCL's liner liftings & revenue up in H1
- Weak export demand & uncompetitive prices to hit performance of domestic cotton spinners in FY20, says report
- Record number of pipes loaded at Deendayal Port
- India, Nepal review ties with focus on connectivity
- Stimulus package seen boosting growth & stabilising economy
- Administrative reform is the need of the hour
- China hits out at US over new tariffs, calls it unilateral & bullying trade protectionism
|AUGUST 27, 2019|
- Chinese Jinan plans more train routes to Europe
- Urban Fox expands footprint in Southeast Asia
- Two new Asian maindeck destinations for Ethiopian Cargo
- New Eurasian train via Poland/Belarus border crossing
- Changes to Panalpina's executive board
- CMA CGM remains southbound
- IM Properties and Jaguar Land Rover plan logistics hub
- No aviation without air freight
- Commemorative locomotive unveiled
- Marc Henning to manage central hub at 24plus
- EMX service to drop Salerno for Aliaga
- Speedy construction progress
- First electric heavy-duty trucks delivered in the USA
- Amazon adds Cargojet to its global network
- "Curiosity of the Day"
- New general director for Air Bridge Cargo
- Rhine traffic rises at the Port de Strasbourg
|AUGUST 26, 2019|
- Marine Corps puts weaponized unmanned vessel through its paces
Navy civilian engineers who developed a unique weaponized unmanned surface vehicle (USV) tested by the Marine Corps in July envision that its technological capabilities will revolutionize naval warfare. The Expeditionary Warfare USV
- EBDG names Brian King President - Chief Engineer
The Board of Directors of Seattle, Wash., headquartered Elliott Bay Design Group (EBDG) has appointed Brian King as President - Chief Engineer. King will have direct supervision of the business and affairs
- Electric Propulsion for a Rural ROPax ferry
Among the speakers presenting at Marine Log's FERRIES 2019 conference in November will be Will Moon, PE, Senior Naval Architect, Glosten, and Capt. Rachel Rowe, Ferry Operations Division Manager, Skagit County, Wash.
- LiqTech books $8.4 million order for scrubber filtration systems
As more owners specify closed-loop scrubbers, Ballerup, Denmark based LiqTech International, Inc. (NASDAQ: LIQT), which manufactures and markets highly specialized filtration technologies, has won it's largest single order to date for its
- Wind turbine components keep Ontario port busy
The Ontario, Canada, Port of Johnstown will be busy over the next several months as vessels deliver Enercon turbine components for the Nation Rise Wind Farm project. The cargo represents a major
- Denmark eases seafarer health certification regs
Denmark is changing its requirements for medical examinations of seafarers and fishermen will be changed. From September 1, it will no longer be a requirement to hold a Danish Health Certificate when
- C-Job Naval Architects appoints VP Engineering and VP Sales for its Houston office
C-Job Naval Architects, the largest independent ship design and engineering company in the Netherlands, has appointed Mario Gitte as Vice President Engineering and named Edward Verweij Vice President Sales Together they will
|AUGUST 26, 2019|
- Bocomm Leasing behind VLOC brace at Yangzijiang
South Korea's Kmarin is said to be the ship manager of the VLOCs backed by Vale's COAs
- Indonesian nickel ore-carrying supramax feared lost with 25 on board
There have been nine casualties on bulkers over 10,000 dwt due to liquefaction from 2009 to 2018
- Fleet expansion an option for OOCL after LBCT sale
Remarks come amid market speculation that the Hong Kong-based carrier is looking to add six 23,000 teu ships to its...
- Iran tanker diverts again as cargo reportedly sold, with buyer to decide destination
Iran's navy meanwhile deployed a destroyer with support vessels in the Gulf, reportedly to provide protection for Iranian vessels
- Daily Briefing
P&I clubs warned over bypassing sanctions on Iran | Frontline to buy suezmax tankers in Trafigura deal | CMA CGM...
- OOCL sees no transpacific peak season this year
Hong Kong-listed OOIL recorded a strong financial performance in the first half of 2019, with a net profit of $139m
- Beijing places additional 5% tariffs on copper and aluminium scrap shipments
As China has already switched its procurement away from the US, the nation is increasingly looking towards Malaysia, Taiwan and...
- Woodside's Greater Enfield starts pumping crude sought after for low-sulphur blends
The Greater Enfield project, which involved a major retrofit of the FPSO Ngujima-Yin, is expected to produce light sweet crude...
- Hornbeck Offshore fails to comply with NYSE trading price rules
The firm said it intends to "actively monitor" the closing share price of its common stock and will explore "all available options", including...
|AUGUST 26, 2019|
- LA-LB look to collaborate to stop Asia cargo bleed
- New tariffs threaten to reverse US inventory decline
- Heartland buys Millis Transfer
- OOCL swings to profit on higher rates, capacity restraint
- Older Indian marine terminals wary of new pricing model
- JOC VIDEO: Solving the chassis puzzle
- Spreadsheet-based shippers get instant rate fix
- Indian logistics tech market blossoming
- APIs breaking down supply chain data silos
|AUGUST 26, 2019|
- Dry bulk shares a casualty of Trump's trade war with China
Equities in shipping sector would be at mid-2018 levels without the tariff tussle, analyst says
- Singapore, Taiwan companies head to court over charter
Dry Bulk Singapore wants to arrest the Eternity SW
- American Shipping Company says Jones Act tanker market up
Jones Act tanker rates are surging, according to American Shipping Company. The Oslo-traded US-flag shipowner said time charter fixtures were hitting $60,000 per day in its second quarter earnings report Monday. Overseas Shipholding Group looks to recover millions from refinery owner "[I]t is encouraging to see that the overall market dynamic is playing out as expected with ... new time charter
- China's tariff on US crude may prompt VLCC diversions
At least five VLCCs laden with US crude are set to miss Beijing's tariff deadline of 1 September
- Sinokor sells another vintage bulker in likely demolition sale
Sinokor Merchant Marine (SMM) has reportedly sold another large bulker for demolition. European scrap brokers said the diversified South Korean shipowner has sold the the 243,000-dwt ore carrier Atlantic Merchant (built 1992), possibly for demolition in Bangladesh, for $405 per ldt or $14.7m. The company did not respond to a requests for comment. Sinokor bought the Atlantic Merchant from HOSCO
- Kmarin inks Guaibamax orders at Yangzijiang and Qingdao Beihai yards
Four vessels for Vale have been clinched, with four more expected to be ordered soon
- Iran says Adrian Darya 1 crude oil cargo sold
Tehran says it no longer owns the crude oil caught up in diplomatic controversy with the West
- MOL-Karpowership joint venture snaps up North West Shelf LNG carrier
New partners swoop in on Moss-type vessel as they extend play on LNG-to-floating power
- Gulf Marine CEO quits as part of executive shake-up
Middle Eastern lift-boat operator on the hunt for new chief executive after Duncan Anderson hands in his resignation.
- Ocean Yield takes a sixth bulker from Interlink
Oslo-listed leasing company seals repeat business with US private equity-backed owner while securing $125m in debt
- Indonesia leads coal trade growth with India key destination
Asia still hot for coal as weaker demand in Europe hurts Atlantic bulker trade, says SSY
- Double VLOC order fails to boost Yangzijiang
Investors unmoved by Singapore-listed shipbuilder's latest newbuilding contract
- PSA Marine deploys first dual fuel tug in Singapore
Second LNG-fueled vessel scheduled to join terminal operator's fleet by October 2019
|AUGUST 26, 2019|
- Arbitrator denies Atlas Air's pilots bid to negotiate; imposes arbitrated settlement
Arbritrator's award denies Atlas Air's pilots' request to negotiate a contract and instead imposes an arbitrated settlement on both sides
- Heartland Express acquires Millis Transfer
Heartland Express has acquired Millis Transfer for approximately $150 million.
- Epic Gas thinks big (and small)
Best-of-both-worlds business model of LPG carrier Epic Gas strives for both defensibility and growth potential.
- FedEx unit expands final-mile delivery network
FedEx Freight expands its last-mile delivery network to 19 US markets
- Commentary: Did 2019 chicken sandwich wars create a supply chain problem?
The 2019 Chicken Sandwich Wars may have impacted the Popeyes supply chain.
- BNSF sues Oklahoma localities over blocked rail crossing rule
The railroad contends the Interstate Commerce Commission Termination Act and the Federal Railroad Safety Act preempt Oklahoma's law.
- Tom McLeod: we're building digital freight brokerage technology
McLeod built automated pricing for contract and spot and digital load matching products.
- In urging a "yes" vote, Teamsters spells out how Jack Cooper got into such trouble
Various predictions of doom are sprinkled through a document
- Daimler recalls Sprinter vans for taillight software glitch
Daimler is recalling more than 8,000 Mercedes-Benz and Freightliner Sprinter vans because of a software defect that can dim or extinguish the rear taillights.
- Today's pick-up: U.S. Navy goes to the cloud for logistics; NYC tries to get a grip on truck congestion
The Navy decides to migrate and consolidate logistics technology to the Cloud. Japan's air freight industry has China as a roadblock. New York struggles to...
- Severe storm, flood threats east of the Rockies (forecast video)
Supply chain slow downs likely today on land and at sea.
- Envisioning last-mile logistics networks of the future
Rapidly changing consumption patterns and increasing traffic bottlenecks in urban environs necessitate the evolution of transportation and its underlying business models to create a sustainable...
- Historical freight futures forward curves now available in SONAR
The features allows SONAR users to see how sentiment evolves over time in the freight futures market.
- Soaring avocado prices expected to fall after unusually tight summer
Avocado supplies are expected to return to normal after a summer shortage sent prices skyrocketing in July. Prices spiked in mid-July due to imports of...
- Oil choice drives fuel savings for heavy-duty trucks
Partially synthetic lower viscosity 10W-30 and 5W-30 oils are supplanting the industry standard 15W-40 heavy-duty oil. The new formulas cost more but can bring up...
|AUGUST 26, 2019|
- FUTURES 4: Crude ends bearish on continued US-China trade spat
Futures were lifted earlier in morning trade following a rebound in equity markets, after US President Donald Trump said he was willing to negotiate with China.
- China's top refiners to boost LSFO output capacity to 18 mil mt/year in 2020: sources
China's top four state-owned refiners plan to boost their combined low sulfur fuel oil production capacity to 18.15 million mt/year in 2020, company sources with knowledge of the matter told S&P Global Platts Friday.
- External: Global Risk Management
- France's CMA CGM to give 'priority' to LNG as marine fuel
By 2022, the company will have 20 LNG-powered vessels in its fleet.