|OCTOBER 21, 2020|
- Baltic Exchange expands escrow service
- ONE's new China-India service to connect Nhava Sheva & Mundra
- Significant increase seen in long-term contract pricing for ocean freight shipments out of Asia from Q4
- Export of passenger vehicles down
- Gold, silver imports plunge
- Implementation of QR code-based Sampling Solution at JNCH
- APM Terminals increases number of terminals providing data via APIs
- Capt. T. Srinivas takes charge as Deputy Conservator of Visakhapatnam Port Trust
- Update on maximum permissible draught at Mumbai Port
- Shortage of containers hurting exporters
- FDI inflow on a high this fiscal
- India offers huge unexplored potential for global exporters: Study
- Recession not as bad as initially feared
- China's exports & imports up in Sept.
- Construction of two export-oriented integrated food processing units begins in Sikkim
|OCTOBER 22, 2020|
- UK/Europe: unaccompanied trailer service started
- Road transport on the uptick in Europe
- 8.8% decline in Rotterdam
- Maritime law specialist returns to Europe
- Distribution in Paris to become greener
- Almost 100 direct Turkish Cargo connections
- Expansion in China
- Moving within Maersk
- Forwarder invests in Finland-to-Baltics haulier
- More international destinations via Pamyra
- A new option for Etihad pharma transports
- Haropaports acts upon greenhouse gas
- Úbeda becomes SEUR's financial director
- Measures urgently required for green re-start
- Two newbuilds for Grimaldi
- New and old in Middlesbrough
- "Curiosity of the Day"
- No "aloha" for freight from next month
|OCTOBER 21, 2020|
- Atlas Air and high-flying rivals asked to return US taxpayers' Covid cash
- Europe's forwarders and hauliers angry at lack of guidance for post-Brexit trade
- Carriers boost capacity on the transatlantic to keep pace with demand
- Bangladesh air freight 'mega-screwed' as customs scanners break down again
- Botched digital customs clearance no help to congestion-hit trade in India
- A new era as online traffic management platforms drive logistics
- New Cathay Pacific restructure to cut cash burn will see 6,500 staff go
- Supply chain radar: Nikola, Tesla et al - tell me sweet little lies
|OCTOBER 21, 2020|
- Kinder Morgan reports third quarter results
In its just released third quarter report, pipeline giant and terminal operator Kinder Morgan Inc. (NYSE: KMI) reported third quarter net income of $455 million, compared to $506 million in the third
- VIDEO: First VLGC to be retrofitted to LPG fueling marks milestone
Singapore-headquartered BW LPG reports that its Very Large Gas Carrier (VLGC) BW Gemini has started a week-long series of sea and gas trials. The ship is the first VLGC to be retrofitted
- Danish consortium puts ammonia-fueled engine on fast track
A commercially viable, zero-carbon, ammonia-fueled marine two-stroke engine could be a reality by as soon as 2024. That is the aim of the AEngine project, a consortium set up with the support
- FMC Commissioner Sola: Canceled cruise season hitting Alaska hard
Considered on a per capita basis, there may not be another state in the nation paying as high a cost from passenger ships not sailing as Alaska. That is one of the
|OCTOBER 21, 2020|
- The Lloyd's List Podcast: The future of the ballast water market
Listen to a special edition podcast produced in association with Hyde Marine that examines the state of play with the...
- Shipping groups plan 'virus testing hotels' in Manila for crews
Trade groups representing maritime employers and seafarers will run hotels in Manila after concerns that possible gaps in the Philippines' testing...
- Laskaridis says Greek shipping must change 'for good and forever'
The former president of the European Community Shipowners' Association once again rejects the EU's efforts to impose emissions regulations. However...
- Operation planned to transfer cargo from listing floating storage unit
The 1993-built Panama-flagged tanker Icaro appears to be heading to the stricken floating storage unit Nabarima, which is laden with...
- QTerminals buys Turkish port from GPH
Chief executive Bissett hails deal as starting point for company's strategic expansion into Turkey
- Weekly briefing: Peak season extension; pessimism for tanker rates
China's Golden Week is the usual cut-off point for the boxship peak season but with the volumes exported continuing to...
- DNK to return entire decade's premiums
Move designed to boost cashflow in coronavirus pandemic has evidently been made possible by the level of DNK's solvency capital...
- Decarbonising shipping 'must be commercially viable'
Shipping has passed a point of no return on transitioning from fossil fuels to zero-carbon alternatives. Now industry experts are...
- Dangerous cargo link to fatal boxship fire, say investigators
A dangerous compound capable of self-igniting was stored under the deck, where inappropriate firefighting measures were available in the event...
- Marshall Islands adds voice to IMO decarbonisation backlash
The flag state nation has criticised an IMO proposal for a short-term greenhouse gas measure being developed this week as...
- Yard Talk | Shipbuilders vie for MSC ultra large boxship order
It remains to be seen how China's shipbuilders will collaborate with compatriot leasing lenders to consummate the deals
- Lloyd's List 2020 Awards: Update
Due to the pandemic and changing public health restrictions imposed in the UK and abroad, we have taken the difficult...
- Daily Briefing
Free to read: Skuld head predicts club consolidation in next five years | China's imports of Malaysian diluted bitumen face...
- Thailand slows spot LNG purchases as coronavirus hits demand
Private power producers in Thailand that were handed licences to import LNG under a recently liberalised policy will have to...
- Singapore gas giants favouring dual-fuel LPG carriers
Eastern Pacific Shipping has agreed to exercise an option for another dual-fuel LPG vessel, while BW LPG has initiated a...
- Japan Inc pulls out of Australia's first regasification project
JERA and Marubeni remain open to exploring LNG tie-ups with the Port Kembla project, Squadron Energy said. The key project...
- US accuses Russians for malware linked to cyber attack on Maersk
The US Department of Justice has charged six Russian nationals in connection with a series of cyber attacks, including the...
|OCTOBER 21, 2020|
- JOC Rankings: COVID-19 drags down US resin export growth
- UP raises Seattle surcharge to $1,000 for small shippers
- European inland hub boosts rail container trade from China
- China's rebounding economy gives volume relief to key European ports
- Forager unveils margin transparency on cross-border moves
|OCTOBER 21, 2020|
- US sailing will not resume next month, analysts predict
- CEO Myochin explains how K Line is adapting to pandemic pressures
- Seajets buys two more ex-CMV cruiseships at auction but has no plan for them
- Shipowners can play Covid-19 card on EU's new hazardous materials rules
- Charterers need to support owners in shift to greener fuels
- Scorpio Bulkers sells seventh vessel as transition to wind continues
- Blacklisted aframax heads to Venezuelan FSO for lightering operation
- Are jobs on some ships 'not for ladies'? Shipowners trade ideas on women at sea
- Kalogiratos: Shipping 'dropped the ball' on crewing crisis
- Safe Bulkers orders kamsarmax that will be 'one of the best vessels out there'
- Swan Hellenic puts faith in cruiseship future with new order
- Navig8 expects 'wave of tanker scrapping' around the corner
- EU's emissions trading scheme is 'tax collecting measure'
- Recruitment change needed to draw women to bunker sector, research finds
- Zodiac Maritime homes in on neo-panamax boxship newbuildings
- Color Line and Fjord Line laying up ropaxes as more jobs axed
- US charges six Russians over NotPetya attack that crippled Maersk
- Team Tankers linked to effort to sell more former Laurin ships
- Hill Dickinson brings in Wikborg Rein Singapore chief Ian Teare
- V Group takes over Costamare's Chinese operation in 41-ship deal
- No compelling reason for increase in P&I club rates, says Marsh JLT
- Can new Lloyd's Register head Nick Brown deliver a green vision?
- Shipping's great expos have space to reinvent and reimagine their role
- Seaspan seals boxship sector's first green financing in $200m deal
- Japan carries out first LNG ship-to-ship bunkering operation
- BW LPG claims world first as retrofitted VLGC runs on gas
- Nigeria LNG approaches owners about teaming up on new vessels
- Greeks buy bulkers, sell tankers in S&P carousel
- Pacific Drilling fails in bid to get Zonda arbitration decision overturned
- Marubeni and JERA pull-out of Australian FSRU LNG import project
- US military ties-up commercial tanker trio at healthy rates
- Unpaid crew of hijacked tanker unable to work three months after ordeal
- Gearbulk closes in on deal with Japanese to lower charter rates
- Seacon Shipping linked to bulker buy as capesize drive continues
|OCTOBER 21, 2020|
- E-commerce gives ship to shore new meaning
JAXPORT is there to help as consumers shift from a shop-till-you-drop mentality to a shop-till-it-drops reality.
- Why crude-tanker collapse could be long and painful
New Kpler data reveals slow pace of floating-storage unwind and steady fall in crude-tanker utilization.
- FMC grants temporary tariff publication relief to CMA CGM
The carrier sought relief from commission regulations earlier this month as part of its efforts to recover from a crippling cyberattack in late September.
- House Democrats try to claw back COVID aid from cargo airlines
Air cargo companies are raking in revenues this year. It might be a bad time to ask for a handout from the government.
- Ports of Seattle, Tacoma ride retail replenishment wave
Auto volumes are still down 25% year-over-year and closed West Seattle Bridge remains a barrier.
- World Shipping Council stays in step with Shipping Act
The ocean container industry association files an agreement with the U.S. Federal Maritime Commission to ensure its collective activities do not violate the Shipping Act.
- Port of Brownsville wins grant to expand grain exports
The Port of Brownsville recently received a $14.5 million grant to expand and upgrade the port's 3 million-bushel grain elevator, including rail and road improvements.
- Container return date upheaval by the numbers
The Agriculture Transportation Coalition, together with TradeLanes, surveys hundreds of American shippers about the cost to their bottom lines of uncommunicated earliest return dates from...
- Why the A321 converted freighter looks like a hot ticket (with video)
(Updated Oct. 20, 2020, 1 P.M. ET, with latest on Sine Draco Aviation) Questions about whether the new Airbus A321 converted freighter could generate orders...
- Digitization advocate says time for port call optimization is now
Port Call Data Definitions guide is available for free download.
|OCTOBER 21, 2020|
- JAPAN DATA: Oct. 11-17 oil product exports surge 42.6% to 1.90 mil barrels
Japan's oil product exports surged 42.6% week on week to 1.90 million barrels over Oct. 11-17 due mainly to higher fuel oil exports, according to data released Oct. 21 by the Petroleum Association of Japan.
- Brazil's Petrobras boosts Q3 refinery output on ULSD, bunker demand
Petrobras boosted third-quarter refinery output by 6.6% year on year amid strong demand for low sulfur products like ultra low sulfur diesel and bunker fuel that meets the International Maritime Organization's 2020 mandate, according to the company's third quarter production and sales report, released Oct. 20.
- Brazil's Petrobras Q3 refined product sales down 1.5% on year
Brazilian state-led oil company Petrobras registered a 1.5% year-on-year decline in refined product sales in the third quarter, opting to move more excess barrels of crude and products into global export markets despite signs of a growing recovery in domestic demand, according to the company's latest production and sales report released Oct. 20.
- OIL FUTURES: RBOB plunges 4% as US gasoline demand tests four-month lows
NYMEX RBOB futures settled sharply lower Oct. 21 after US Energy Information Administration data showed a slowdown in gasoline demand led to an unexpected inventory build last week.
- Fujairah port's throughput returns to 'normal' after COVID-19 hit
**Port looking at reporting bunker numbers **Throughput hit record high in February 2020 **LNG an area for expansion: ENOC's Horizon
- DUTCH DATA: Rotterdam port reports lower crude, products throughput on coronavirus
**Iron ore, scrap throughput plunges on lower steel output **Coal throughput falls on power sector's move to renewables, gas
- FUJAIRAH DATA: Oil products stockpiles end longest slump on record
Stockpiles in Fujairah as of Oct. 19 stood at 20.339 million barrels, up 3.3% from a week earlier and the first increase in eight weeks.
- Singapore physical gasoil crack falls below $3/b on prolonged weak demand, poor outlook
The physical gasoil crack was last assessed below $3/b on Oct. 1 at $2.84/b and was last assessed lower on Sept. 29 at $2.33/b.
- BW LPG launches week-long sea, gas trials for world's first LPG-fueled VLGC
BW Gemini is the first of 12 VLGCs it has committed to retrofit with LPG dual-fuel propulsion engines at the Chinese shipyard.
- High cargo costs to keep China delivered marine fuel 0.5%S premiums elevated: sources
"We expect prices to remain stubbornly high in the next few months, as cargo costs have risen," a Zhoushan based supplier said.
- Limited deals for Q4 S Korean marine fuel 0.5%S term contracts: sources
"There are very few contract levels for Q4, [most people are trading] only [on] spot as prices are higher," a trader said.
- Singapore suspends OBS' bunkering licenses after Hin Leong debacle
MPA has suspended OBS' bunkering licenses until further notice, a MPA spokesperson said.
- Narrow east-west spread to keep Nov LSFO arbitrage to Singapore low: traders
Singapore is expected to receive 1.5 million-2 million mt of low sulfur fuel oil from the West in November,traders said.