|MARCH 9, 2021|
- PIL now operating vessel partner in existing service calling Nhava Sheva & Mundra
- Global e-commerce boom drives record earnings for Deutsche Post DHL Group
- DP World signs agreement to build international container port & industrial logistics park in Indonesia
- Karnataka planning new ports
- MoU inked to develop jetty-based LNG terminal along the Hooghly
- Air cargo back to pre-crisis levels, but shortage of belly capacity a problem
- CEVA Logistics wins Airbus production supply contract in Hamburg
- IAG Cargo's automotive charters speed ahead, indicating global revival in vehicle manufacturing
- Prime Minister inaugurates key bridge between India & Bangladesh; to be a major logistics facilitator
- Removing port restrictions & expediting CEPA among issues discussed by Commerce Secretaries of India & Bangladesh
- Cyril C. George awarded Doctorate in Logistics Management by Amet Maritime University
- Digitisation & integrated solutions seen as critical in future
- Kushinagar Airport now 3rd international airport in UP
- New alliance plans 'market re-set' for Europe-Australia
- project44 acquires Ocean Insights
|MARCH 10, 2021|
- Guarded optimism
- More rail links to south-east Europe
- More units for AAL
- International model warehouse underway
- Getzner relies on Linz airport
- Bannerman to join APM Terminals Bahrain
- Canada: expanding LTL segment
- Port of Tripoli CT acquired
- UK forwarder brings back FCL option
- Bang moves to JAS
- The beat goes on for DHL
- 5,000 cargo-in-cabin flights for 50,000 t of goods
- Titan containers' new pet
- Promoting gender equality
- "Curiosity of the Day"
- Driver shortage most acute in Eurasia
- Qatar sports logistics find 3PL
- IAG moves to Swissport in Berlin
- Drones to fly for tribal government
|MARCH 9, 2021|
- 2M snubs congested west coast ports as Asia-US pendulum services are axed
- More large forwarders push for green aviation fuel - but will shippers pay?
- Driver shortage crisis a 'demographic time-bomb' that will get worse, says IRU
- Logistics investment goes on hold as US supply chain review looms
- Storage rent doubles as import boxes pile up at Chittagong ahead of Ramadan
- US-UK suspend large aircraft tariffs as giant lessor merger nears
- WSC recruits environmental experts John Bradshaw and James Corbett
- Seaspan continues its newbuild buying spree
- On the wires: On the metric that really matters, DP DHL smashes FedEx & UPS
- On the wires: Amazon + ATSG - do not dare touch what God created
- Supply chain radar: CMA Terminals - from Baltic freeze to sun in the Med
|MARCH 9, 2021|
- Powerful players eye Singapore as green ammonia bunkering hub
Aiming to play a pioneering role in establishing a supply chain for ship-to-ship green ammonia bunkering in the Port of Singapore, a group of leading maritime companies have signed a Memorandum of
- Navy takes delivery of DDG 118
The U.S. Navy accepted delivery of the guided missile destroyer future USS Daniel Inouye (DDG 118) from shipbuilder General Dynamics Bath Iron Works, Bath, Me., March 8. Delivery of DDG 118 represents
- Seaspan Shipyards awards over $1 billion in JSS contracts to Canadian suppliers
Canada's Seaspan Shipyards reports that it has awarded more than $1 billion in contracts to date to 140 Canadian companies from coast to coast that are supporting design and construction of two
- Great Lakes Dredge wins Boston Harbor contract
Great Lakes Dredge and Dock Co. has been awarded a $61,788,000 firm-fixed-price contract for rock blasting, removal and dredging in Boston Harbor. Bids were solicited via the internet with four received. Work
- Marcon brokers sale of ocean salvage and rescue tug
Marcon International, Inc., Coupeville, Wash. reports the sale by Star Matrix Hong Kong, Ltd. to Japanese buyers of the ocean salvage and rescue tug Hulk (ex-Resolve Monarch, ex-Anglian Monarch). The 11,400 bhp
- BAE San Diego wins Navy contract worth potential $49.9 million
BAE Systems San Diego Ship Repair, San Diego, Calif., has been awarded a $34,729,132 contract for a combination of ship maintenance, modernization and repair of the USS Russell (DDG 59) to execute
- Diana Shipping to monitor vessels' environmental performance
Athens-headquartered dry bulk specialist Diana Shipping Inc. (NYSE: DSX) reports that its wholly-owned subsidiary Diana Shipping Services S.A. has signed an agreement with ABS to implement the ABS Environmental Monitor digital sustainability
- Kongsberg's Kognifai offers new tool for fleet energy management
Kongsberg Digital has teamed up with Norwegian software provide Yxney Maritime to make Yxney's Maress application available to all Vessel Insight users on Kongsberg's Kognifai open ecosystem. The Maress application is a
- Three more guilty pleas in USCG test score scam
The U.S. Attorney's Office for the Eastern District of Louisiana reports that three more individuals have pleaded guilty in relation to a test score-fixing scheme at the U.S. Coast Guard's Regional Exam
- Greenbrier Marine launches 350-foot Crowley ATB barge
Crowley Maritime has marked another milestone in its 55,000-barrel articulated tug-barge (ATB) newbuild project with the launch and christening at Greenbrier Marine of Qamun, a double-hulled petroleum barge specifically designed for the
|MARCH 9, 2021|
- Substandard flag states targeted as regulatory arbitrage rises
The International Maritime Organization continues to target fraudulent registries and ship registrations
- Carriers have little to fear from regulatory oversight
Shipper groups are concerned about high freight rates, delays and service disruptions. But carriers say they are doing all they...
- Maersk Tankers touts benefits of scale in decarbonisation efforts
Smaller owners that may struggle to reduce carbon emissions on their own can achieve considerable savings by joining a pool...
- Vessels sell-off lifts Maersk Product Tankers to record profit
How quickly and effectively coronavirus vaccine is rolled out globally will determine timing of the rebalancing oil tanker market, company...
- Braemar overpaid for Naves acquisition, says new chief
'I've been in the chair for two months and I'm feeling pumped... People are looking for deals on the street,'...
- K Line launches carbon neutrality unit
The Japanese major will develop a new business unit dedicated to carbon neutrality and renewable energy projects
- Liner lobby recruits seasoned green experts
The World Shipping Council is bringing in Bradshaw and Corbett to extend the group's policymaking reach, as environmental regulations top...
- Stena Bulk unveils pioneering hybrid vessel design
The new electric, modular hybrid bulk carrier is designed to meet the need for sustainable, zero-carbon, efficient and flexible seaborne...
- Daily Briefing
Free to read: Shipping needs 5% zero-carbon fuels by 2030 to meet green goal | Opposition aims to boost UK...
- Congress calls for closer scrutiny of ocean carriers
Congressmen also wanted to know if the Fact Finding 29 investigation on International Ocean Transportation Supply Chain Engagement found that...
- US containerised imports projected to rise in 2021
US import volumes are predicted to reach 26.96m teu this year, a 7% increase on 2020. Compared with the corresponding...
- Leonhardt & Blumberg linked to boxship deal
The German company is believed to have backed purchases of handysize pair valued at $13.5m
- Petredec exercises option for three LPG-fuelled VLGCs
The move for the additional three 93,000 cu m LPG carriers is the second part of a deal for three...
|MARCH 9, 2021|
- Warehousing hustles for 'hostlers' to meet e-commerce demand
- ShipBob boosts UK, US ground capacity for e-commerce shippers
- Container backlog at NY-NJ push dray rates to new highs
- UP assessing first-ever March peak surcharge in California
- Surge in e-commerce drives DHL group to record profits
- Twill, Freightos launch instant container quote pilot
- Significant US-Mexico intermodal gains elude railroads
|MARCH 9, 2021|
- Wilhelmsen builds stake to 50% in Ostensjo's Edda Wind
- Braemar lines up broking investment push as chairman Ronald Series steps down
- Japan's Santoku Senpaku rebuilds fleet with newcastlemax and ultramax newbuildings
- Cleaves sees differing paths for LNG and LPG after 'unprecedented collapse'
- Meet the 'discreet' brokers who see clients as names not poker chips
- Hanse Bereederung says its 'fun to fix again' as it claims new feeder rate record
- Hanse Bereederung targets bulker and pools expansion
- Over 80,000 people have taken a Singapore 'cruise to nowhere'
- South Korean yards see strong start to 2021 with more to come, say analysts
- Saga LNG lines up fresh charter for small-scale vessel
- Monjasa shaves two days off Panama Canal fuelling times with new tanker
- Maersk Product Tankers unveils record annual profits with 20-ship sales
- Seaspan adds to newbuilding pile with another six neo-panamax boxships
- Dry bulk stocks have run amok in 2021, but are they still a good bet?
- Analyst chorus remains strongly behind dry bulk play
- Longship expands fleet with order for two shortsea vessels
- World Shipping Council ups decarbonisation efforts with new hires
- Train sailing: Rod Stewart secures scarce boxship space for model railway
- Bugbee bets on Scorpio Tankers in another options deal
- Probe begins into why boxship hit lock gates twice in Kiel Canal
- Hyundai shipyards rake in newbuilding contracts worth $733m
- Borealis Finance emerges as buyer of Klaveness boxship as Samudera sells again
|MARCH 9, 2021|
- China remains top US trade partner, Mexico No. 2
China was the top U.S. trading partner for the 10th consecutive month in January and was the most important trading partner in 2020.
- Amazon investment strengthens partnership with cargo airline ATSG
E-commerce is like a monster that can't be contained and Amazon is growing with it. The online retailer just bought some aircraft for the first...
|MARCH 9, 2021|
- International GO scheme vital to future green hydrogen trade: IRENA
**CO2 content standards vital for H2 trade **'Many countries' will have to agree GO scheme
- Incentivizing demand critical for hydrogen market development: panelists
**Financing requires long-term offtakers **Carbon intensity could be a metric for hydrogen market development
- Libya targeting 1.45 mil b/d oil output by end of 2021: Sanalla
**Rise dependent on allocation of budget, improved security **NOC hopes to pump 1.6 million b/d in two years
- Norway energy ministry gives go-ahead for Northern Lights CO2 injection project
**First industrial-scale European CCS pilot project **Crucial to Norway's continued oil and gas ambitions
- REFINERY NEWS: Russia's Khabarovsk planning spring works: sources
The refinery had a shutdown in January when it replaced some of the equipment on the reformer and has been running at full capacity since early February.
- Russia's Putin calls for regional cooperation on decarbonization
**Russia establishing pilot emissions schemes in several regions **Projects to include carbon farming; Gazprom Neft, Sibur to take part
- ITALY DATA: Refinery throughput down 15.5% in 2020: Unem
The average run rate in the full year was 67.5% of the 87.25 million mt/year capacity.
- OIL FUTURES: Overnight price rally fizzles as market searches for next driver
**Winter storm adds to US inventory uncertainty **US dollar retreats from three-month high
- Linde eyes green hydrogen bunker supply in North Sea 2022
**New supply source will slash ferry's CO2 emissions up to 95% **Hydrogen, ammonia favored options for energy transition in shipping
- Americas, West of Suez tanker markets bank on trans-Atlantic revival
**Closed USGC ULSD arbitrage to UKC stifles freight markets **Shipowners await product demand resurgence from vaccine effort
- Hong Kong balance March 0.5%S marine fuel ex-wharf term differentials settle $2/mt higher than Feb
One supplier attributed the uptick to tighter supply in the marine fuel 0.5%S market in Singapore.
- Singapore 10 ppm gasoil cash crack dips to more than 5-week low on supply concerns
Trade participants said the weakening crack is reflective of supply concerns- Chinese gasoil exports in particular, which are being eyed warily.