|MARCH 30, 2021|
- Container shipping market seen as 'red hot'
- MOL in tie-up to develop & deploy environmentally friendly bulk carrier
- Suez Canal reopened to traffic
- Bill of Entry Electronic Integrated Declaration and Paperless Processing - Amendment Regulations 2021
- Filing of Advance Bill of Entry under Section 46 of Customs Act, 1962 (amended vide Finance Act 2021)
- G. Vaidyanathan is JN Port's new Chief Manager (PPD)
- Industry-leading container tracking system now available at 65 pc of APM Terminals' facilities, including APM Terminals Mumbai & APM Terminals Pipavav
- CMA CGM AIR CARGO opens two new destinations in United States
- GMR Hyderabad Air Cargo inks MoU with StaTwig to track, monitor vaccine shipments
- Nagaland launches first air cargo services from Dimapur airport
- Shankar Shinde, FFFAI Chairman-Elect calls for smooth connectivity & logistics infrastructure to strengthen trade among BBIN
- Govt not to levy 2 pc digital service tax if goods sold through Indian arm
- Indian economy on path of gradual recovery, says IMF
- Global reinsurers seen losing due to Suez Canal blockage
- Global supply chain players urged to be alert to criminal activity targeting vaccine supply
- IATA launches platform to support digitisation of global air cargo supply chain
|MARCH 31, 2021|
- "It can work dynamically"
- Geodis: recognition in China
- Master plan for goods transport required
- More clients for Swisslog
- Ports worldwide stronger than estimated
- Vallair strengthens MRO team
- Site expansions to celebrate anniversary
- CMA CGM Air Cargo increases US coverage
- Odyssey Logistics goes Laredo
- Four new directors on Tiaca board
- More mega ships for Evergreen
- Growing demand for e-locomotives
- 50 years ago: early biplane retires
- A new location for Dachser
- Arctic design for the Nordic route
- "Curiosity of the Day"
- TIR: double profit for Pakistani forwarder
- Remarketing two regional combi aircraft
- CEO and executive director for Port of Gulfport
|MARCH 30, 2021|
- Warning to ocean carriers: don't use canal crisis to 'price-gouge customers'
- Suez disruption: air freight at capacity as shippers search for new routes
- Global warehousing costs set to rise as capacity slips behind demand
- The 'world's newest cargo carrier', ASL Airlines UK, takes off
- Australia extends air cargo subsidies again as industry prepares for a 'new look'
- UK 'success story' SMEs struggle to stay afloat in a maze of post-Brexit red tape
- Top three 'takeaway' lessons from the Suez Canal blockage
- Oleg Alkhamov appointed new MD Russia for FM Logistic
- Against the odds: DSV Panalpina - haunted by memories
- Supply chain radar: Sailing (or not) from Ever Given to the China hustle
- Supply chain radar: Geodis - the value quest... are we there yet?
|MARCH 30, 2021|
- Daniel B. Maffei designated FMC Chairman
Pr President Biden has nominated Commissioner Daniel B. Maffei as Chairman of the Federal Maritime Commission. Chairman Maffei is a sitting member of the FMC and replaces Michael A. Khouri in the
- Damen updates TSHD range
Damen Shipyards is updating its trailing suction hopper dredge (TSHD) portfolio and expanded the range to cover hopper volumes from 650 to 5,000 cubic meters. The updated portfolio includes both dredges for
- Svitzer to deploy two new ice-class tugs in Scandinavia region
Copenhagen-headquartered towage operator Svitzer Europe has taken delivery of the first of two new specially designed icebreaking tugs that will support its operations in Scandinavia. After mobilizing from Turkey's Med Marine shipyard
- Paraná River push boat fleet migrates to Thordon
Atria Logistics UABL, one of South America's leading push boat operators, is on its way to completing a fleet-wide retrofit to Thordon's water lubricated tailshaft and rudder bearings. Atria operates a fleet
- Seaspan box ship buying binge continues
Containership leasing giant Seaspan Corporation is ending March as it began it: announcing another multi-ship newbuilding contract. The company, which is a wholly owned subsidiary of Atlas Corp.(NYSE: ATCO), said today that
- Viridis plans for zero-emission ships by 2024
A company aiming to be the world's first zero-emissions vessel operator says that it is already in discussions with shipyards with a view to having ammonia fueled vessels on the water by
- MARAD invites applications for $230 million in port infrastructure grants
The U.S. Department of Transportation's Maritime Administration has announced a Notice of Funding Opportunity (NOFO) encouraging states and port authorities to apply for $230 million in discretionary grant funding for port and
|MARCH 30, 2021|
- After Ever Given, what now for marine insurance and ship finance?
'This single case does not put our markets under pressure. The bigger picture is liability, and this is where it...
- Green groups plan next steps on black carbon regulation
Faced with inaction at the IMO, green groups said they would turn to the EU or Arctic Council to push...
- ITOPF: From oil spills to container losses
ITOPF managing director Dr Karen Purnell discusses how the coronavirus pandemic has affected the emergency response NGO, which has been...
- Bulkers detained in Australia for 'serious' breaches
Bulkers detained at Port Kembla in New South Wales and Weipa in Queensland since February will not be released until...
- Humble handysizes enjoy their moment in the sun
Allied Shipbroking says average earnings for the segment so far this year have been the highest since 2008, while sale...
- Globus Maritime posts reduced loss
Owner of eight bulkers reports a full-year loss of $17.4m, down from $36.4m in the previous year
- Carrier discipline will rein in speculative newbuilding orders
The container shipping sector is going through a resurgence in demand for freight and vessels on which to ship it...
- MOL will develop wind-powered bulker with Enviva
Partnership follows another agreement between MOL and compatriot shipper Tohoku Electric Power to build a 99,000 dwt coal carrier equipped...
- AGL LNG terminal decision marks setback for Höegh charter
Australia's Victoria state government has rejected the plan for AGL Energy's regasification project, jeopardising chances of a long-term charter on...
- Daily Briefing
Free to read: Exxon Valdez. Piper Alpha. Ever Given? | Investigation into Ever Given casualty begins | Marine insurers brace for...
- Yard Talk | Build-and-scrap subsidy for green ships? Perhaps not
Industry expert suggests China should first create a road map from the top that carefully assesses the feasibility of different...
- Biden plans to grow US offshore wind industry
Secretary of Transportation Pete Buttigieg said the announcement makes 'a critical investment in our nation's ports, which in turn builds up...
- Lifecycle emissions take centre stage at IMO
Proposals to the IMO for lifecycle emissions assessments of fuels should finally get their time in the sun after more...
|MARCH 30, 2021|
- Cosco sees fourfold rise in 2020 net profit on fleet growth, strong demand
- Harbor truckers seek a new industry leader on the West Coast
- Biden taps Maffei to lead FMC
- Regulators can't compel container lines to accept agriculture exports
- US truckload driver turnover flattens as wages, demand rise: ATA
- Suez closure could slash Maersk capacity by 30 percent
|MARCH 30, 2021|
- Pyxis Tankers seals refinancing for modern MR
- Crowley sees lucrative, long-term opportunity in wind
- Grindrod moves three tankers as it exits segment
- Ridgebury's Burke passes on bulkers and wind, curious about Spacs
- Star Bulk Carriers dividend likely to make a comeback this year
- 'Shipping prodigy' gets to the top, 30 years on
- Sao Viet Petrol boosts fledgling fleet with tankers from Thenamaris, Chembulk and AET
- Suez Canal blockage pours more fuel on hot MPP market
- Ever Given may have been stuck, but shipping is finally on the move
- Celsius Shipping splashes out $63m on two Chinese-built MR resales
- More Australian grain cargoes head for Saudi Arabia in boost for tonne-miles
- Details emerge of Qatar's huge LNG carrier tender to owners
- Success is sweet for BW LPG in shipping bake-off
|MARCH 30, 2021|
- ASL Airlines launches UK cargo subsidiary
ASL Airlines United Kingdom on Monday flew its first cargo flight with an ATR 72-200 turboprop freighter. It is the first carrier to receive an...
- Biden picks Maffei to chair Federal Maritime Commission
Biden taps Daniel Maffei to head the FMC amid the ongoing port congestion crisis.
- Port of Savannah container capacity lift gets go-ahead
The Georgia Ports Authority has approved projects to increase the annual container capacity at the Port of Savannah to over 6 million TEUs from the...
- Suez bypass: Good luck finding an air cargo alternative
You think you can just book your cargo on a plane to avoid the ocean shipping congestion at the Suez Canal? Guess again. Freighters were...
- HMM Nuri slated to transit Suez Canal on maiden voyage
The South Korean container carrier expects the Suez Canal backlog to be cleared by the time the HMM Nuri arrives in mid-April.
- Will Panama Canal avoid Suez-type logjam? Top exec talks differences
The Panama Canal Authority's administrator discusses why he's not worried about a container ship blocking the canal.
|MARCH 30, 2021|
- ARA 50 ppm gasoil barges at 5-week low versus ULSD on high inland supply
50 ppm gasoil barges in the Amsterdam-Rotterdam-Antwerp trading hub have reached their largest discount to the equivalent ultra low sulfur diesel barges since late February, with sources noting high inland supply of 50 ppm material and low consumer demand.
- Kazakhstan not planning to extend import ban on diesel: reports
Kazakhstan is not planning to extend the import ban on diesel past April 1, according to local media reports.
- Oman's OTTCO signs operating deal paving way for new products terminal at Duqm
Oman Tank Terminal Company (OTTCO) has signed two agreements with the Port of Duqm Company on a berth operating license and leasing arrangements, as the port gears up to become a refining, storage and export hub in the sultanate, the Port of Duqm said March 30.
- Japan's ENEOS to cut weekly wholesale oil product prices by Yen 1,500/kl: sources
Japan's largest refiner ENEOS is expected to cut weekly domestic wholesale base prices of its five major oil products by Yen 1,500/kiloliter ($2.17/b) in the week started March 28 from the previous week, based on a weak crude oil market, multiple sources said March 30.
- Libyan oil exports set to rise to near two-year highs in April
Libyan crude and condensate exports are poised to jump to a near two-year high of 1.25 million b/d in April, according to S&P Global Platts estimates compiled using data from shipping and trading sources.
- Gunvor earmarks $500 million for renewable energy push, targets steep emission cuts
Oil trader Gunvor said March 30 it plans to invest at least $500 million under a new renewables energy and non-hydrocarbon technology unit as part of a push to slash its carbon emissions and trade more "sustainable commodities".
- OIL FUTURES: Crude futures slide as OEPC readies to lower demand outlook, dollar strengthens
Crude oil futures settled lower March 30 amid weakened demand outlooks and a stronger US dollar.
- Venezuelan oil sanctions crossroads could come amid summer dearth of diesel
US oil sanctions on Venezuela could reach a tipping point this summer if a dire diesel shortage further exacerbates a humanitarian crisis that continues to unfold even as President Nicolás Maduro has strengthened his hold on power.
- Suez Canal traffic on the move, more port congestions likely
**Almost 400 ships poised to transit key commodity chokepoint **Freight rates start to dip after brief Suez boost
- PIMD's Singapore bunker operations not impacted by Balongan fire: source
"We don't source any of blending components from there, so there's no impact to our operations; most of our supply is via third-party open market sourcing," a source said.
- Tanker freight rates tick lower amid Suez Canal traffic resuming
**Fresh fixing activity tests market lower **Despite recent fall market to stabilize at higher levels **Logjam of 360 ships to clear in a week: sources
- OOCL sees five container ships redirected via Cape of Good Hope
"Suez Canal Authority has commenced navigation and it may take several days to clear the vessels at anchorage nearby," the company said.
- Japan's ENEOS to ship high sulfur bunker fuel from Sakai on Wakayama shutdown
**Wakayama supplies only high sulfur bunker fuel **Restart date for shipments from Wakayama remains unclear
- Sulfur largest culprit for off-spec VLSFOs in 2020, Europe biggest off-spec region: VPS
**Sulfur accounts for 45% of VLSFO off-spec tests **Europe largest off-specification region tested by VPS
- Fujairah expects oil storage to triple by 2024 as ADNOC, other tenants expand facilities
The Fujairah port may add a 10th oil berth to boost interconnectivity with the storage terminals.
- Japan's MOL, Kyushu Electric Power ink agreement for LNG fuel supply to ferries
Around 50 tons of LNG fuel per day will be supplied via truck-to-ship to these ferries berthed in Beppu Port, MOL said.
- Sinopec to leverage hydrogen to meet carbon neutrality by 2050
"We set hydrogen as the main direction for the company's new energy development," Zhang said during the company's 2020 results briefing.
- Maersk reinstates Suez route for two container ships after initial diversion
They are two of its 72 vessels that Maersk says are at, or en route to, Suez.